Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Texas · Ranked 211 of 1033 by CEO pay.

Hendrick Medical Center

Brad Holland, President/CEO. Fiscal year ending 2025-08.

$1.8M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.91%
of expenses spent on charity care
Schedule H Part I line 7a
9.8%
CEO pay as a share of all charity care

§1The filing

Total revenue
$1,162,256,040
Total expenses
$968,037,079
Net assets
$1,312,755,682
Employees
4,546
Hospitals covered
3 facilities across 2 filings
Charity care, net
$18,498,294
Bad debt
$263,847,977
Medicare surplus (shortfall), as filed
($20,071,871)
CEO pay from the organization (Part VII col. D)
$1,583,697
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$228,950
CEO total compensation (D+E+F)
$1,812,647 to Brad Holland

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Hendrick Medical Center, EIN 75-0827446, fiscal year ending 2025-08, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$41.3M Of which charity care to patients who could not pay (line 7a)$18.5M (45%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($263.8M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Hendrick Medical Center75-08274462025-08$1.0B$15.0M1.81%990
Hendrick Medical Center Brownwood85-19411932025-08$148.8M$3.5M2.51%990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Hendrick Medical Center: CEO pay $1.8M, charity care 1.91% of expenses