Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $367,408

• 1f · All other contributions, gifts and grants

  $238,396

• 2a · Program service revenue: PATIENT AND RESIDENT SERVICE REVE

  total $25,194,620 · related or exempt $25,194,620

• 2b · Program service revenue: PHARMACY REVENUE

  total $2,206,026 · related or exempt $1,707,009 · unrelated business $499,017

• 2c · Program service revenue: PHYSICIAN OUTREACH

  total $53,024 · related or exempt $53,024

• 2f · All other program service revenue

  total $296,250 · related or exempt $296,250

• 3 · Investment income

  total $14,390 · excluded $14,390

• 6a · Gross rents

  real property $52,162

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $52,162

• 6d · Net rental income or loss

  total $52,162 · excluded $52,162

• 7a · Gross sales of assets other than inventory

  other assets $500

• 7b · Less cost or other basis and sales expenses

  other assets $0

• 7c · Gain or loss

  other assets $500

• 7d · Net gain or loss

  total $500 · excluded $500

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $354,315 · program services $219,000 · management and general $135,315

• 6 · Compensation of disqualified persons

  total $44,450 · program services $44,450

• 7 · Other salaries and wages

  total $8,591,536 · program services $7,098,211 · management and general $1,493,325

• 8 · Pension plan contributions

  total $178,463 · program services $140,359 · management and general $38,104

• 9 · Other employee benefits

  total $1,174,077 · program services $858,232 · management and general $315,845

• 10 · Payroll taxes

  total $645,075 · program services $527,295 · management and general $117,780

• 11a · Fees: management

  total $418,676 · management and general $418,676

• 11b · Fees: legal

  total $20,008 · management and general $20,008

• 11c · Fees: accounting

  total $112,850 · program services $6,141 · management and general $106,709

• 11d · Fees: lobbying

  total $794 · management and general $794

• 11g · Fees: other

  total $9,461,379 · program services $8,626,714 · management and general $834,665

• 12 · Advertising and promotion

  total $27,572 · program services $2,840 · management and general $24,732

• 13 · Office expenses

  total $534,330 · program services $352,527 · management and general $181,803

• 16 · Occupancy

  total $896,167 · program services $367,726 · management and general $528,441

• 17 · Travel

  total $171,056 · program services $153,554 · management and general $17,502

• 19 · Conferences, conventions and meetings

  total $59,402 · program services $34,487 · management and general $24,915

• 20 · Interest

  total $447,337 · program services $296,689 · management and general $150,648

• 22 · Depreciation, depletion and amortization

  total $1,665,097 · program services $1,231,126 · management and general $433,971

• 23 · Insurance

  total $308,596 · program services $96,464 · management and general $212,132

• 24a · Other expenses: MEDICAL SUPPLIES

  total $4,485,014 · program services $4,465,092 · management and general $19,922

• 24b · Other expenses: FOOD

  total $269,172 · program services $269,172

• 24c · Other expenses: LICENSES, DUES & SUBSCR

  total $54,265 · program services $28,718 · management and general $25,547

• 24d · Other expenses: SALES TAX

  total $28,782 · program services $8,005 · management and general $20,777

• 24e · All other expenses

  total $121,943 · program services $6,090 · management and general $115,853

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $402,402 · end of year $10,385

• 4 · Accounts receivable

  beginning of year $7,506,093 · end of year $6,838,768

• 7 · Other notes and loans receivable

  beginning of year $256,785 · end of year $156,828

• 8 · Inventories for sale or use

  beginning of year $622,170 · end of year $657,798

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,676 · end of year $30,717

• 10a · Land, buildings and equipment: cost or other basis

  $38,984,604

• 10b · Land, buildings and equipment: accumulated depreciation

  $20,136,049

• 10c · Land, buildings and equipment, net

  beginning of year $19,171,982 · end of year $18,848,555

• 11 · Investments: publicly traded securities

  beginning of year $749,467 · end of year $1,025,777

• 13 · Investments: program-related

  beginning of year $1,292,595 · end of year $1,399,313

• 15 · Other assets

  beginning of year $654,684 · end of year $28,899

• 17 · Accounts payable and accrued expenses

  beginning of year $4,086,683 · end of year $3,927,460

• 19 · Deferred revenue

  beginning of year $0 · end of year $10,433

• 21 · Escrow or custodial account liability

  beginning of year $6,255 · end of year $6,524

• 23 · Secured mortgages and notes payable

  beginning of year $14,834,512 · end of year $14,610,768

• 25 · Other liabilities

  beginning of year $145,366 · end of year $396,679

• 27 · Net assets without donor restrictions

  beginning of year $10,293,443 · end of year $8,645,863

• 28 · Net assets with donor restrictions

  beginning of year $1,292,595 · end of year $1,399,313

The filer's explanations (Part III)

PART I, LINE 3

THE CEO IS COMPENSATED THROUGH A MANAGEMENT AGREEMENT WITH SANFORD HEALTH NETWORK, AN UNRELATED ORGANIZATION. SANFORD HEALTH NETWORK USES THE PROCESSES DESCRIBED IN PART I, QUESTION 3 TO DETERMINE APPROPRIATE COMPENSATION FOR THE CEO.

PART II, LINE 1

DR. RICK WAGNER IS A BOARD MEMBER OF WINNER REGIONAL HEALTHCARE CENTER AND CHIEF OF STAFF AT THE WINNER REGIONAL CLINIC. HE IS AN INDEPENDENT CONTRACTOR PAID BY WINNER REGIONAL HEALTHCARE CENTER.