Knapp Medical Center is a general hospital based in Weslaco, TX that was founded in 1962. As of 2019 they had $129 million in revenue and $100 million in assets.
Knapp Medical Center ushers in new life, mends broken bodies and provides dignified end of life care, always striving for consistent excellence, every patient, every time to serve the healthcare needs of our community, Knapp values unsurpassed care an...
EIN:
74-1393060
City:
State:
Metro:
Website:
Facebook:
Twitter:
Founded:
1962
Type:
501(c)(3)
NTEE:
Revenue:
$129,303,517
Assets:
$100,538,177
Employees:
828
Fiscal year end:
December
Program areas at Knapp Medical Center
Knapp Medical Center is a not-for-profit, acute care hospital in south Texas providing exceptional healthcare services to residents of the rio grande valley. During this reporting period, Knapp Medical Center had 8,526 admissions, 32,554 emergency room visits, 1,511 deliveries, and 2,359 surgeries.
Form 990s for Knapp Medical Center
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Feb 7, 2020 | 990 | View PDF |
| 2017-12 | Jun 19, 2019 | 990 | View PDF |
| 2016-12 | Jan 18, 2018 | 990 | View PDF |
| 2015-12 | Mar 3, 2017 | 990 | View PDF |
| 2014-12 | Feb 10, 2016 | 990 | View PDF |
| ...and six more Form 990 PDFs |
Financials for Knapp Medical Center
| Field | 2018 | 2017 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $0 | |
| Related organizations | $0 | $0 | |
| Government grants (contributions) | $0 | $0 | |
| Normal grants, contributions, etc. | $4,706,842 | $3,395,574 | 38.6% |
| <em>Non-cash contributions included in above</em> | $0 | $0 | |
| Total grants, contributions, etc. | $4,706,842 | $3,395,574 | 38.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $4,706,842 | $3,395,574 | 38.6% |
| Program services | $122,809,002 | $130,012,805 | -5.5% |
| Investment income and dividends | $0 | $-2,727 | -100% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $463,066 | $403,508 | 14.8% |
| Net gain from sale of non-inventory assets | $0 | $0 | |
| Net income from fundraising events | $0 | $0 | |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $1,324,607 | $1,137,811 | 16.4% |
| Total revenues | $129,303,517 | $134,946,971 | -4.2% |
| Field | 2018 | 2017 | % Change |
|---|
| Grants to govts. and orgs. in USA | $9,979 | $0 | 999% |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $570,287 | $617,409 | -7.6% |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Non-officer salaries and wages | $35,665,928 | $33,636,378 | 6.0% |
| Pension/retirement accruals and contributions | $724,788 | $516,608 | 40.3% |
| Other employee benefits | $7,426,752 | $11,126,459 | -33.3% |
| Payroll taxes | $2,979,416 | $3,016,564 | -1.2% |
| Management fees | $5,705,118 | $5,610,632 | 1.7% |
| Legal fees | $112,151 | $89,880 | 24.8% |
| Accounting fees | $0 | $0 | |
| Lobbying fees | $0 | $0 | |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $0 | $0 | |
| Other fee-for-service | $8,055,865 | $8,902,775 | -9.5% |
| Advertising and promotion | $139,773 | $89,654 | 55.9% |
| Office expenses | $762,597 | $325,926 | 134.0% |
| Information tech. expenses | $0 | $0 | |
| Royalty expenses | $0 | $0 | |
| Occupancy | $0 | $0 | |
| Travel | $57,060 | $73,865 | -22.8% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $0 | $0 | |
| Interest | $91,416 | $0 | 999% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $6,610,320 | $6,635,806 | -0.4% |
| Insurance | $504,939 | $1,255,860 | -59.8% |
| All other expenses | $56,055,752 | $68,572,729 | -18.3% |
| Total expenses | $125,472,141 | $140,470,545 | -10.7% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $4,933,901 | $1,430,255 | 245.0% |
| Savings, short-term investments, etc. | $0 | $0 | |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $17,195,772 | $17,257,847 | -0.4% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $1,856,158 | $1,990,674 | -6.8% |
| Prepaid expenses and deferred charges | $757,395 | $797,343 | -5.0% |
| Buildings, equipment, etc. post-depreciation | $38,892,722 | $42,426,353 | -8.3% |
| Investments, publicly traded securities | $0 | $0 | |
| Investments, other securities | | $11,443,420 | 13.6% |
| Investments, program-related | $0 | $0 | |
| Intangible assets | $7,779,483 | $9,718,577 | -20.0% |
| Other assets | $29,122,746 | $15,785,898 | 84.5% |
| Total assets | $100,538,177 | $100,850,367 | -0.3% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $8,803,047 | $10,245,558 | -14.1% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $0 | $0 | |
| Tax-exempt bond liabilities | $0 | $0 | |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Unsecured notes and loans payable to unrelated third parties | $35,082 | $60,136 | -41.7% |
| Other liabilities | $67,114,773 | $68,583,078 | -2.1% |
| Total liabilities | $75,952,902 | $78,888,772 | -3.7% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $14,349,548 | $10,518,175 | 36.4% |
| Temporarily restricted net assets | $10,235,727 | $11,443,420 | -10.6% |
| Permanently restricted net assets | $0 | $0 | |
Vendors for Knapp Medical Center
| Vendor | Services | Amount paid | Date |
|---|
| Moss Adams LLP | Tax accounting | | 2019-11-08 |
| █████████ ██████████ ██ | Anesthesia Contracted Services | $666,854 | 2018-12-01 |
| ███████ ██████████ | Anesthesia Contracted Services | $917,028 | 2018-12-01 |
| ███████ ████████ ███ | Bio Medical Services | $1,200,000 | 2018-12-01 |
| █████ ██████████ ██████████ ██ ███ | Management | $5,705,117 | 2018-12-01 |
| ███ ██████ ██████ █████████ ██████████ | Er Coverage Contract | $676,950 | 2018-12-01 |
| ███ ███ | Tax accounting | | 2014-07-02 |
Personnel at Knapp Medical Center
| Name | Title | Compensation | Most recent data |
|---|
| Rene Lopez | Admistrator and Chief Executive Officer | $356,273 | June 19, 2020 |
| Mike Heather | Chief Financial Officer | $0 | Feb. 7, 2020 |
| ██████ ██████ | Chief Medical Officer / Chief Marketing Officer | $0 | June 19, 2020 |
| ████ ████████ | Chief Nursing Officer | $185,253 | June 19, 2020 |
| ██ ██████ ██████ | Chief Medical Officer | - | June 19, 2020 |
| ██████ █████ | Human Resources Director | $165,727 | Dec. 31, 2018 |
| ███████ ██████ | Director Pharmacy | $184,313 | Dec. 31, 2018 |
| ███ ████████ | Secretary and General Counsel | $0 | Dec. 31, 2017 |
| █████ █████████ | Past Regional Chief Financial Officer | $0 | Aug. 8, 2019 |
| ███████ ███████ | Past Chief Financial Officer | $0 | June 7, 2019 |
| ...and six more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | CHRISTUS St Michael | 501(c)(3) | $360 million | Texarkana, TX |
| 2 | Shannon Medical Center | 501(c)(3) | $397 million | San Angelo, TX |
| 3 | Baylor Scott & White Medical Center-Marble Falls | 501(c)(3) | $91 million | Temple, TX |
| 4 | CHRISTUS St Frances Cabrini Hospital | 501(c)(3) | $308 million | Irving, TX |
| 5 | Christus Continuing Care | 501(c)(3) | $49 million | Irving, TX |
| 6 | CHRISTUS Good Shepherd Medical Center | 501(c)(3) | $326 million | Longview, TX |
| 7 | Texas Health Presbyterian Hospital Denton | 501(c)(3) | $225 million | Denton, TX |
| 8 | CHI St Luke's Health Brazosport | 501(c)(3) | $75 million | Lake Jackson, TX |
| 9 | Baylor Scott and White Medical Center Waxahachie | 501(c)(3) | $177 million | Dallas, TX |
| 10 | Baylor Scott & White Medical Center-Hillcrest | 501(c)(3) | $346 million | Dallas, TX |
| 11 | Christus Health Southeast Texas | 501(c)(3) | $444 million | Irving, TX |
| 12 | Texas Health Presbyterian Hospital Allen | 501(c)(3) | $92 million | Allen, TX |
| 13 | Texas Health Harris Methodist Hospital Southwest Fort Worth | 501(c)(3) | $318 million | Fort Worth, TX |
| 14 | Baylor Scott & White Medical Center-Plano | 501(c)(3) | $253 million | Dallas, TX |
| 15 | Val Verde Regional Medical Center (VVRMC) | 501(c)(3) | $83 million | Del Rio, TX |
| 16 | Columbus Community Hospital | 501(c)(3) | $34 million | Columbus, TX |
| 17 | Catholic Health Initiatives St Luke's Health Memorial | 501(c)(3) | $161 million | Lufkin, TX |
| 18 | El Campo Memorial Hospital (ECMH) | 501(c)(3) | $33 million | El Campo, TX |
| 19 | United Regional Health Care System | 501(c)(3) | $409 million | Wichita Falls, TX |
| 20 | Driscoll Children's Hospital | 501(c)(3) | $452 million | Corpus Christi, TX |
| 21 | Hill Country Memorial Hospital (HCM) | 501(c)(3) | $103 million | Fredericksburg, TX |
| 22 | Baylor Scott & White Medical Center-McKinney | 501(c)(3) | $203 million | Dallas, TX |
| 23 | Baylor Scott & White Medical Center-Carrollton | 501(c)(3) | $118 million | Dallas, TX |
| 24 | Metroplex Health System | 501(c)(3) | $128 million | Killeen, TX |
| 25 | Texas Health Presbyterian Hospital Plano | 501(c)(3) | $429 million | Plano, TX |