Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $7,250

• 1e · Government grants (contributions)

  $9,366,168

• 1f · All other contributions, gifts and grants

  $912,263

• 2a · Program service revenue: NET PATIENT REVENUE

  total $1,131,719,909 · related or exempt $1,131,719,909

• 2b · Program service revenue: PHARMACY SERVICES

  total $1,674,293 · related or exempt $1,674,293

• 3 · Investment income

  total $467,472 · excluded $467,472

• 6a · Gross rents

  real property $6,943,840

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $6,943,840

• 6d · Net rental income or loss

  total $6,943,840 · excluded $6,943,840

• 8a · Fundraising events: gross income

  $7,350

• 8a · Fundraising events: contributions included on line 1c

  $7,250

• 8b · Fundraising events: direct expenses

  $16,427

• 8c · Net income from fundraising events

  total -$9,077 · excluded -$9,077

• 11a · Other revenue: CORPORATE ALLOCATIONS

  total $80,895,712 · related or exempt $80,895,712

• 11b · Other revenue: DEBT FORGIVENESS

  total $4,375,000 · related or exempt $4,375,000

• 11c · Other revenue: MANAGEMENT FEES

  total $3,367,472 · related or exempt $3,367,472

• 11d · All other revenue

  total $6,368,738 · related or exempt $6,368,738

• 11e · Other revenue, total

  $95,006,922

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,759,014 · program services $7,759,014

• 7 · Other salaries and wages

  total $364,484,278 · program services $308,863,301 · management and general $55,620,977

• 8 · Pension plan contributions

  total $24,640,480 · program services $18,693,797 · management and general $5,946,683

• 9 · Other employee benefits

  total $38,380,348 · program services $29,117,713 · management and general $9,262,635

• 10 · Payroll taxes

  total $25,777,486 · program services $19,556,400 · management and general $6,221,086

• 11b · Fees: legal

  total $3,051,334 · program services $1,621,222 · management and general $1,430,112

• 11c · Fees: accounting

  total $173,851 · management and general $173,851

• 11g · Fees: other

  total $280,168,502 · program services $204,802,648 · management and general $75,365,854

• 12 · Advertising and promotion

  total $4,006 · program services $1,485 · management and general $2,521

• 13 · Office expenses

  total $11,837,575 · program services $4,388,279 · management and general $7,449,296

• 16 · Occupancy

  total $59,819,803 · program services $21,170,749 · management and general $38,649,054

• 17 · Travel

  total $544,048 · program services $201,683 · management and general $342,365

• 19 · Conferences, conventions and meetings

  total $323,734 · program services $120,011 · management and general $203,723

• 20 · Interest

  total $19,053,162 · program services $1,258,282 · management and general $17,794,880

• 22 · Depreciation, depletion and amortization

  total $24,982,127 · program services $14,004,686 · management and general $10,977,441

• 23 · Insurance

  total $7,016,848 · program services $2,601,199 · management and general $4,415,649

• 24a · Other expenses: DRUGS & MEDICAL SUPPLIE

  total $217,780,874 · program services $217,780,874

• 24b · Other expenses: TAXES AND LICENSES

  total $39,522,641 · program services $14,651,345 · management and general $24,871,296

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $20,452,340 · program services $12,086,884 · management and general $8,365,456

• 24d · Other expenses: PROVIDER TAX

  total $12,635,375 · program services $12,635,375

• 24e · All other expenses

  total $18,409,554 · program services $6,824,562 · management and general $11,584,992

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $85,821 · end of year $244,344

• 2 · Savings and temporary cash investments

  beginning of year $146,206,972 · end of year $22,467,498

• 3 · Pledges and grants receivable

  beginning of year $14,926,108 · end of year $5,000,000

• 4 · Accounts receivable

  beginning of year $153,262,904 · end of year $180,014,267

• 8 · Inventories for sale or use

  beginning of year $31,589,160 · end of year $34,147,983

• 9 · Prepaid expenses and deferred charges

  beginning of year $17,785,108 · end of year $12,546,948

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

  $313,129,550

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

  $82,257,612

• 10c · Land, buildings and equipment, net

  beginning of year $172,132,259 · end of year $230,871,938

• 11 · Investments: publicly traded securities

  beginning of year $59,618,712 · end of year $76,059,055

• 15 · Other assets

  beginning of year $313,464,111 · end of year $343,950,149

• 17 · Accounts payable and accrued expenses

  beginning of year $117,569,250 · end of year $165,270,974

• 19 · Deferred revenue

  beginning of year $32,076,999 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $453,085,533 · end of year $443,089,591

• 25 · Other liabilities

  beginning of year $285,744,923 · end of year $270,048,623

• 27 · Net assets without donor restrictions

  beginning of year $5,568,342 · end of year $21,892,994

• 28 · Net assets with donor restrictions

  beginning of year $15,026,108 · end of year $5,000,000

The filer's explanations (Part III)

PART I, LINE 7

THERE IS A SHORT TERM INCENTIVE PLAN THAT ELGIBLE UOFL HEALTH- LOUISVILLE, INC. EMPLOYEES MAY RECEIVE BASED ON MEETING CERTAIN BENCHMARKS. THE PLAN IS BASED ON MEETING FINANCIAL GOALS, DESIRED PATIENT QUALITY OUTCOMES, PATIENT SATISFACTION SCORES AND IS CONSISTENT WITH MARKET PRACTICES AND THE ORGANIZATION'S COMPENSATION PHILOSOPHY.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• REHABILITATION HOSPITAL OF LOUISVILLE EAST LLC

  REHAB SERVICES · TN · income $0 · assets $272,878

  Directly controlled by U OF L HEALTH - LOUISVILLE INC