Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $4,685,935

• 1f · All other contributions, gifts and grants

  $1,070,437

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $852,413,737 · related or exempt $852,413,737

• 2b · Program service revenue: OTHER HEALTHCARE RELATED REVENUE

  total $5,195,470 · related or exempt $5,195,470

• 2c · Program service revenue: RENTAL INCOME FROM AFFILIATES

  total $3,341,448 · related or exempt $3,341,448

• 3 · Investment income

  total $5,437,718 · unrelated business $1,781 · excluded $5,435,937

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $2,763,117

• 6c · Rental income or loss

  real property $2,763,117 · personal property $0

• 6d · Net rental income or loss

  total $2,763,117 · excluded $2,763,117

• 7a · Gross sales of assets other than inventory

  securities $858,688

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

  other assets $1,684,939

• 7c · Gain or loss

  securities $858,688 · other assets -$1,684,939

• 7d · Net gain or loss

  total -$826,251 · excluded -$826,251

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: CAFETERIA

  total $2,450,997 · excluded $2,450,997

• 11b · Other revenue: PARKING/GARAGE

  total $1,329,070 · excluded $1,329,070

• 11e · Other revenue, total

  $3,780,067

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $500 · program services $500

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $672,133 · program services $672,133

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $455,229,187 · program services $399,608,972 · management and general $53,746,056 · fundraising $1,874,159

• 8 · Pension plan contributions

  total $24,476,417 · program services $21,116,920 · management and general $3,359,497

• 9 · Other employee benefits

  total $53,659,990 · program services $46,291,693 · management and general $7,368,297

• 10 · Payroll taxes

  total $32,271,105 · program services $27,842,114 · management and general $4,428,991

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $2,572,490 · program services $70,930 · management and general $2,501,560

• 11c · Fees: accounting

  total $252,444 · management and general $252,444

• 11d · Fees: lobbying

  total $59,671 · program services $59,671

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $80,641,084 · program services $53,022,571 · management and general $27,529,459 · fundraising $89,054

• 12 · Advertising and promotion

  total $3,295,611 · program services $18,905 · management and general $3,276,447 · fundraising $259

• 13 · Office expenses

  total $10,627,373 · program services $7,599,594 · management and general $2,916,732 · fundraising $111,047

• 14 · Information technology

  total $13,227,621 · program services $299,735 · management and general $12,867,890 · fundraising $59,996

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $19,523,774 · program services $16,980,138 · management and general $2,543,211 · fundraising $425

• 17 · Travel

  total $841,056 · program services $640,036 · management and general $160,138 · fundraising $40,882

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $185,489 · program services $96,520 · management and general $88,325 · fundraising $644

• 20 · Interest

  total $12,402,974 · program services $11,880,686 · management and general $522,288

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $42,952,542 · program services $42,923,613 · management and general $28,929

• 23 · Insurance

  total $8,440,708 · program services $8,440,708

• 24a · Other expenses: MEDICAL SUPPLIES

  total $120,745,903 · program services $120,745,903

• 24b · Other expenses: MA MODERNIZATION

  total $19,887,463 · program services $19,887,463

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $6,489,337 · program services $6,489,337

• 24d · Other expenses: FOOD & RELATED PRODUCTS

  total $4,035,811 · program services $4,014,987 · management and general $20,441 · fundraising $383

• 24e · All other expenses

  total $7,695,676 · program services $2,095,836 · management and general $5,397,017 · fundraising $202,823

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $17,005,851 · end of year $24,991,223

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $307,884 · end of year $309,043

• 4 · Accounts receivable

  beginning of year $98,758,081 · end of year $117,830,147

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $14,893 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $9,201,858 · end of year $11,171,219

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,175,942 · end of year $2,482,722

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

  $1,282,539,790

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

  $887,835,401

• 10c · Land, buildings and equipment, net

  beginning of year $413,952,779 · end of year $394,704,389

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $126,220,961 · end of year $122,488,725

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $83,646,886 · end of year $73,490,987

• 17 · Accounts payable and accrued expenses

  beginning of year $100,045,976 · end of year $83,997,870

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $692,602 · end of year $563,970

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $543,255,049 · end of year $543,862,819

• 27 · Net assets without donor restrictions

  beginning of year $57,178,485 · end of year $64,714,684

• 28 · Net assets with donor restrictions

  beginning of year $50,113,023 · end of year $54,329,112

The filer's explanations (Part III)

CORE FORM, PART VII AND SCHEDULE J

TAXABLE COMPENSATION REPORTED HEREIN IS DERIVED FROM 2023 FORMS W-2.

SCHEDULE J, PART I; QUESTION 1

THE ORGANIZATION MAINTAINS A FLEXIBLE BENEFIT PROGRAM ("EXECUFLEX BENEFIT PROGRAM") FOR CERTAIN OF ITS EXECUTIVE EMPLOYEES. THIS PROGRAM PROVIDES A FIXED DOLLAR AMOUNT, AND ENABLES PARTICIPATING EMPLOYEES TO ALLOCATE THE AMOUNT AMONG CERTAIN TAXABLE BENEFIT OPTIONS (I.E., ADDITIONAL LIFE INSURANCE COVERAGES, LONG-TERM CARE INSURANCE AND FINANCIAL OR TAX PLANNING ASSISTANCE) OR TO NONQUALIFIED DEFERRED COMPENSATION OPTIONS. THE ELECTIONS ARE MADE BEFORE THE YEAR IN WHICH THE BENFIT PROGRAM AMOUNT IS PROVIDED. THE AMOUNTS ALLOCATED TO TAXABLE BENEFIT OPTIONS ARE INCLUDED ON EMPLOYEES' FORMS W-2 AS TAXABLE INCOME FOR THE YEAR IN WHICH THE ALLOCATIONS ARE EFFECTIVE, AND THE NONQUALIFIED DEFERRED COMPENSATION AMOUNTS ARE DISCLOSED ON FORM 990 IN THE YEAR OF DEFERRAL AND AGAIN IN THE YEAR IN WHICH THE SUBSTANTIAL RISK OF FORFEITURE LAPSES AND THE AMOUNTS ARE TREATED AS TAXABLE INCOME. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE ORGANIZATION'S EXECUFLEX BENEFIT PROGRAM: ALISON L. FERREN, MBA AND DEBORAH A. DATTE, ESQ. THE ORGANIZATION ALSO MAINTAINS A FLEXIBLE BENEFIT PROGRAM ("PERQUISITE PROGRAM") FOR CERTAIN MEMBERS OF ITS SENIOR LEADERSHIP TEAM. THIS PROGRAM PROVIDES A FIXED DOLLAR AMOUNT, AND ENABLES PARTICIPATING EMPLOYEES TO ALLOCATE THE AMOUNT AMONG CERTAIN TAXABLE BENEFIT OPTIONS (I.E., ADDITIONAL LIFE INSURANCE COVERAGES, LONG-TERM CARE INSURANCE AND FINANCIAL OR TAX PLANNING ASSISTANCE) OR TO NON-QUALIFIED DEFERRED COMPENSATION OPTIONS. THE ELECTIONS ARE MADE BEFORE THE YEAR IN WHICH THE BENEFIT PROGRAM AMOUNT IS PROVIDED. THE AMOUNTS ALLOCATED TO TAXABLE BENEFIT OPTIONS ARE INCLUDED WITHIN THE EMPLOYEES' FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES FOR THE YEAR IN WHICH THE ALLOCATIONS ARE EFFECTIVE. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE ORGANIZATION'S PERQUISITE PROGRAM: ALISON L. FERREN, MBA; MEGHAN O. PATTON AND DEBORAH A. DATTE, ESQ.

SCHEDULE J, PART I; QUESTION 4A

THE FOLLOWING INDIVIDUAL RECEIVED SEVERANCE PAYMENTS DURING CALENDAR YEAR 2023 WHICH WERE INCLUDED IN HER 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: ALISON L. FERREN, MBA, $422,878.

SCHEDULE J, PART I; QUESTION 4B

THE AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN B(III) FOR THE FOLLOWING INDIVIDUALS INCLUDES CURRENT YEAR VESTING IN AN INTERNAL REVENUE CODE SECTION 457(F) PLAN (NON-QUALIFIED DEFERRED COMPENSATION PLAN) AS THE AMOUNTS WERE NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. THE AMOUNTS OUTLINED HEREIN WERE INCLUDED IN EACH INDIVIDUAL'S 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: ALISON L. FERREN, MBA, $299,213 and MEGHAN O. PATTON, $60,155. THE AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN B(III) FOR THE FOLLOWING INDIVIDUAL INCLUDES CURRENT YEAR VESTING IN A LONG-TERM INCENTIVE PLAN, AS THE AMOUNT WAS NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. THE AMOUNTS OUTLINED HEREIN WAS INCLUDED IN HIS 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: BRIAN SWEENEY, RN, MBA, FACHE, $14,149.

SCHEDULE J, PART I, QUESTION 7

CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A BONUS DURING CALENDAR YEAR 2023 WHICH WAS INCLUDED IN SCHEDULE J, PART II, COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. EMPLOYEE BONUSES ARE BASED UPON THE ATTAINMENT OF QUALITY GOALS, STRATEGIC OPERATIONAL INITIATIVES AND FINANCIAL PERFORMANCE. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT.

SCHEDULE J, PART II, COLUMN F

THE AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN (F) INCLUDE VESTED BENEFITS IN A DEFERRED COMPENSATION PLAN AS THESE AMOUNTS WERE NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. THESE AMOUNTS WERE REPORTED AS DEFERRED COMPENSATION ON PRIOR YEARS' FORMS 990 AND ARE NOW BEING REPORTED AGAIN ON THIS YEAR'S FORM 990. THESE HAVE BEEN TREATED AS TAXABLE INCOME AND REPORTED ON EACH INDIVIDUAL'S FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• 1100 WALNUT ASSOC

  MEDICAL OFFICE · PA

  Directly controlled by NA

• JEFF UNIV RAD ASSOC

  HEALTH SVCS. · PA

  Directly controlled by NA

• JEFFHEDGE LLC

  INVESTMENTS · DE

  Directly controlled by NA

• JUNIATA MED BLD

  MEDICAL OFFICE · PA

  Directly controlled by NA

• KENNEDY CH SURG

  SURGERY CENTER · NJ

  Directly controlled by NA

• MLJH LLC

  MEDICAL SERVICES · PA

  Directly controlled by NA

• RIVERVIEW SURG CTR LLC

  HEALTH SVCS. · PA

  Directly controlled by NA

• RIVERVIEW SURG CTR LP

  HEALTH SVCS. · PA

  Directly controlled by NA

• ROTHMAN ORTHO SPEC HOSP

  HEALTH SVCS. · PA

  Directly controlled by NA

• TMB ENTERPRISE

  MEDICAL OFFICE · PA

  Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• 925 WALNUT STREET CORP

  S CORP. · REAL ESTATE · PA

  Directly controlled by NA

• ATRIUM CORPORATION

  C CORP. · HEALTH SVCS. · PA

  Directly controlled by NA

• CMMC INC

  C CORP. · REAL ESTATE · PA

  Directly controlled by NA

• EINSTEIN HEALTHCARE SYSTEMS INC

  C CORP. · INACTIVE · PA

  Directly controlled by NA

• HEALTH CARE INC

  C CORP. · HEALTH SVCS. · PA

  Directly controlled by NA

• HEALTHMARK INC

  C CORP. · HEALTH SVCS. · PA

  Directly controlled by NA

• JEFFCARE INC

  C CORP. · HEALTH SVCS. · PA

  Directly controlled by NA

• JEFFERSON HLTH NJ DIRECT PRIMARY CARE PC

  C CORP. · HEALTH SVCS. · NJ

  Directly controlled by NA

• JEFFERSON PHYSICIAN SVCS OF CALIFORNIA

  C CORP. · INACTIVE · CA

  Directly controlled by NA

• KENNEDY ACCESS INCORPORATED

  C CORP. · INVESTMENTS · NJ

  Directly controlled by NA

• KENNEDY MANAGEMENT GROUP INC

  C CORP. · MANAGEMENT · NJ

  Directly controlled by NA

• MID-ATLANTIC MATERNAL FETAL INSTITUTE

  C CORP. · INACTIVE · PA

  Directly controlled by NA

• MID-ATLANTIC MATERNAL FETAL INSTITUTE PC

  C CORP. · INACTIVE · NJ

  Directly controlled by NA

• PARTNERS INSURANCE COMPANY OF NJ

  C CORP. · INSURANCE · NJ

  Directly controlled by NA

• PARTNERS INSURANCE COMPANY INC

  C CORP. · INSURANCE · PA

  Directly controlled by NA

• PROFESSIONAL MEDICAL MANAGEMENT INC

  C CORP. · INACTIVE · NJ

  Directly controlled by NA

• REHAB VENTURES INC

  C CORP. · INACTIVE · PA

  Directly controlled by NA

• SYSTEM SERVICE CORPORATION

  C CORP. · HOLDING CO. · DE

  Directly controlled by NA

• TF DEVELOPMENT LTD

  C CORP. · REAL ESTATE · PA

  Directly controlled by NA

• TJU INC

  C CORP. · REAL ESTATE · PA

  Directly controlled by NA

• WALNUT REALTY CO

  C CORP. · REAL ESTATE · PA

  Directly controlled by NA