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Nonprofit · EIN 84-3475904

TEXAS HEART MEDICAL GROUP

Tax-exempt · HOUSTON, TX 77030

Financials

$18.6M$19.3M2023$19.7M$19.7M2024
Revenue Expenses · by fiscal year end
Financials of TEXAS HEART MEDICAL GROUP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$19,679,102$19,702,670-$23,568$13,154,017$6,345,416$6,808,601
December 31, 2023990$18,621,898$19,343,774-$721,876$14,871,033$8,038,864$6,832,169
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,100,000
Program service revenue
$11,579,102
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$952,490
Other salaries and wages
$12,213,524
Salaries, compensation and benefits (total)
$14,844,452
Professional fundraising fees
$0
Legal fees
$23,838
Occupancy
$996,665
Travel
$12,021
Depreciation
$997,611
Program services (functional)
$19,702,670

Balance sheet and other

Total assets, start of year
$14,871,033
Total assets, end of year
$13,154,017
Total liabilities, end of year
$6,345,416
Net assets, end of year
$6,808,601
Land, buildings and equipment
$5,975,430
Net assets without donor restrictions
$6,808,601
Gross receipts
$19,679,102
Employees
84
Volunteers
0
Year formed
2019
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Joseph RogersChair, Physician
Trustee or director, Officer
15$164,554$868,222$20,569
Emerson PerinDirector, Physician
Trustee or director
15$474,112$543,200$26,286
Stephanie CoulterDirector, Physician
Trustee or director
40$846,224$0$34,564
Jennifer CozartPhysician
Highest-paid employee
40$787,466$0$10,040
Alberto LopezDirector, Physician
Trustee or director
40$756,634$0$34,673
Eduardo HernandezPresident, Physician
Officer
40$762,336$0$25,600
D Richard LeachmanDirector, Physician
Trustee or director
40$723,429$0$8,169
James LivesayPhysician
Highest-paid employee
40$685,629$0$19,815
Alexander Postalian YrausquinPhysician
Highest-paid employee
40$628,601$0$34,853
Hector MedinaPhysician
Highest-paid employee
40$593,077$0$16,316
Howard SchrammTreasurer
Officer
1$0$488,456$26,502
Zvonimir KrajcerPhysician
Highest-paid employee
40$512,148$0$0
Marcia StraussSecretary
Officer
1$0$150,495$2,962
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Emerson PerinDirector
Trustee or director
15$459,802$562,650$25,876
Joseph RogersChair
Trustee or director, Officer
15$170,475$781,717$22,827
Charles HallmanPhysician
Highest-paid employee
40$856,261$0$17,973
Stephanie CoulterDirector
Trustee or director
40$829,333$0$30,049
Jennifer CozartPhysician
Highest-paid employee
40$841,119$0$8,513
Eduardo HernandezPresident
Officer
40$784,241$0$23,650
Alberto LopezDirector
Trustee or director
40$772,918$0$30,049
D Richard LeachmanDirector
Trustee or director
40$760,693$0$8,778
James LivesayPhysician
Highest-paid employee
40$696,478$0$22,429
Alexander Postalian YrausquinPhysician
Highest-paid employee
40$519,613$0$30,049
Zvonimir KrajcerPhysician
Highest-paid employee
40$528,848$0$8,778
Howard SchrammTreasurer
Officer
1$0$402,585$23,551
Marcia StraussSecretary
Officer
1$0$145,410$2,508

Address and contacts

Address (IRS master file)
6770 BERTNER AVE, HOUSTON, TX 77030-2604
In care of
% HOWARD K SCHRAMM
Principal officer (990 for 2024)
Howard Schramm, 6770 Bertner Ave, Houston, TX 77030
Signed the 990
Howard Schramm, CAO/CFO
Phone
(832) 355-4011
Return prepared by
Blazek & Vetterling

Mission

See Schedule O

990 for the year ended December 31, 2024

Program accomplishments

  • Texas Heart Medical Group (THMG) provides cutting-edge cardiac care to diagnose, treat, and prevent cardiovascular diseases, participates in scientific research, and supports medical education and scholarship. THMG is a multi-cultural medical group practice affiliated with the world-renowned Texas Heart Institute that specializes in comprehensive cardiovascular care. Its practice includes 16 physicians specializing in all areas of cardiac care and peripheral vascular disease.
    Expenses $19,702,670 · revenue $11,579,102

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-3475904
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,154,017
Income (IRS master file)
$19,679,102

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$19,679,102$19,702,670$13,154,017XML
990December 2023$18,621,898$19,343,774$14,871,033XML
990December 2022$19,918,636$15,033,911$16,403,692IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3475904).

Questions about TEXAS HEART MEDICAL GROUP

What is the EIN of TEXAS HEART MEDICAL GROUP?
The employer identification number (EIN) of TEXAS HEART MEDICAL GROUP is 84-3475904.
Is TEXAS HEART MEDICAL GROUP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to TEXAS HEART MEDICAL GROUP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS HEART MEDICAL GROUP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TEXAS HEART MEDICAL GROUP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEXAS HEART MEDICAL GROUP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TEXAS HEART MEDICAL GROUP?
The 990 for the year ended December 31, 2024 names Howard Schramm.
Who are the officers and directors of TEXAS HEART MEDICAL GROUP?
The 990 for the year ended December 31, 2024 lists 13 people; 11 received compensation from the organization, the highest $164,554 (Joseph Rogers, Chair, Physician).
How much revenue does TEXAS HEART MEDICAL GROUP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $19,679,102, expenses of $19,702,670 and total assets of $13,154,017 at year end.

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