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Nonprofiteer
← MULTICARE HEALTH SYSTEM

Form 990 for tax year 2024

Filed by MULTICARE HEALTH SYSTEM.

Totals

Total revenue
$5,011,395,222
Total expenses
$5,018,628,005
Contributions and grants received
$108,924,556
Grants paid
$10,811,370
Program service revenue
$4,795,052,090
Investment income
$107,418,576
Other revenue
$0
Total assets, end of year
$6,311,318,297
Total liabilities, end of year
$3,310,198,143
Net assets or fund balances, end of year
$3,001,120,154
Program services expenses (Part IX)
$4,172,313,760
Management and general expenses
$846,314,245
Fundraising expenses
$0
Program service expenses (Part III)
$4,172,313,760

Program services were 83.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $58,845,791

  • 1e · Government grants (contributions)

    $50,078,765

  • 2a · Program service revenue: HOSP. NET PATIENT REV.

    total $3,753,298,140 · related or exempt $3,753,095,406 · unrelated business $202,734

  • 2b · Program service revenue: AMBULATORY SRVS & UCC

    total $779,901,303 · related or exempt $779,734,660 · unrelated business $166,643

  • 2c · Program service revenue: PHARMACY RETAIL

    total $126,658,459 · related or exempt $126,658,459

  • 2d · Program service revenue: POPULATION HEALTH

    total $103,732,747 · related or exempt $103,732,747

  • 2e · Program service revenue: OUTPATIENT MENTAL HEAL

    total $27,240,868 · related or exempt $27,240,868

  • 2f · All other program service revenue

    total $4,220,573 · related or exempt $4,220,573

  • 3 · Investment income

    total $57,152,609 · unrelated business $28,903 · excluded $57,123,706

  • 7a · Gross sales of assets other than inventory

    securities $52,394,618

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

    securities $0 · other assets $2,128,651

  • 7c · Gain or loss

    securities $52,394,618 · other assets -$2,128,651

  • 7d · Net gain or loss

    total $50,265,967 · excluded $50,265,967

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,811,370 · program services $10,811,370

  • 5 · Compensation of officers, directors and key employees

    total $21,513,529 · program services $17,885,604 · management and general $3,627,925

  • 7 · Other salaries and wages

    total $2,267,338,127 · program services $1,920,132,885 · management and general $347,205,242

  • 8 · Pension plan contributions

    total $68,832,432 · program services $68,832,432

  • 9 · Other employee benefits

    total $100,623,114 · program services $58,620,079 · management and general $42,003,035

  • 10 · Payroll taxes

    total $144,889,884 · program services $120,004,760 · management and general $24,885,124

  • 11b · Fees: legal

    total $6,500,008 · program services $1,068,888 · management and general $5,431,120

  • 11c · Fees: accounting

    total $716,658 · management and general $716,658

  • 11d · Fees: lobbying

    total $347,327 · management and general $347,327

  • 12 · Advertising and promotion

    total $7,306,465 · program services $1,238,042 · management and general $6,068,423

  • 13 · Office expenses

    total $22,126,571 · program services $4,358,696 · management and general $17,767,875

  • 15 · Royalties

    total $3,442,499 · program services $2,679,046 · management and general $763,453

  • 16 · Occupancy

    total $80,393,162 · program services $66,377,361 · management and general $14,015,801

  • 17 · Travel

    total $6,556,006 · program services $3,409,195 · management and general $3,146,811

  • 19 · Conferences, conventions and meetings

    total $62,497 · program services $9,570 · management and general $52,927

  • 20 · Interest

    total $76,051,270 · program services $72,878,732 · management and general $3,172,538

  • 22 · Depreciation, depletion and amortization

    total $142,994,428 · program services $100,647,386 · management and general $42,347,042

  • 23 · Insurance

    total $102,078,596 · program services $91,868,003 · management and general $10,210,593

  • 24a · Other expenses: SUPPLIES

    total $801,146,560 · program services $781,762,735 · management and general $19,383,825

  • 24b · Other expenses: PURCHASED SERVICES

    total $451,201,538 · program services $337,692,007 · management and general $113,509,531

  • 24c · Other expenses: PROFESSIONAL FEES

    total $198,139,691 · program services $143,320,354 · management and general $54,819,337

  • 24d · Other expenses: SAFETY NET & PROVIDER C

    total $186,176,753 · program services $149,684,293 · management and general $36,492,460

  • 24e · All other expenses

    total $319,379,520 · program services $219,032,322 · management and general $100,347,198

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $299,793,927 · end of year $344,746,724

  • 4 · Accounts receivable

    beginning of year $760,463,336 · end of year $713,133,297

  • 8 · Inventories for sale or use

    beginning of year $61,082,079 · end of year $58,589,635

  • 9 · Prepaid expenses and deferred charges

    beginning of year $40,644,545 · end of year $27,030,072

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

    $4,135,579,783

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

    $1,861,436,342

  • 10c · Land, buildings and equipment, net

    beginning of year $2,131,127,944 · end of year $2,274,143,441

  • 12 · Investments: other securities

    beginning of year $1,992,674,906 · end of year $1,993,034,921

  • 14 · Intangible assets

    beginning of year $168,473,311 · end of year $167,921,637

  • 15 · Other assets

    beginning of year $655,677,656 · end of year $732,718,570

  • 17 · Accounts payable and accrued expenses

    beginning of year $640,430,406 · end of year $697,859,441

  • 19 · Deferred revenue

    beginning of year $19,892,076 · end of year $6,163,023

  • 20 · Tax-exempt bond liabilities

    beginning of year $1,739,746,161 · end of year $1,711,866,807

  • 25 · Other liabilities

    beginning of year $824,320,559 · end of year $894,308,872

  • 27 · Net assets without donor restrictions

    beginning of year $2,885,548,502 · end of year $3,001,120,154

Mission and programs · 2024

Mission

MULTICARE HEALTH SYSTEM'S MISSION IS PARTNERING FOR HEALING AND A HEALTHY FUTURE.

  • MULTICARE HEALTH SYSTEM (MHS) IS THE LARGEST COMMUNITY-BASED, LOCALLY GOVERNED HEALTHCARE TAX-EXEMPT ORGANIZATION IN THE STATE OF WASHINGTON. MHS OPERATES NINE COMMUNITY BASED HOSPITALS WITH 1,743 LICENSED ADULT BEDS AND 152 LICENSED PEDIATRIC BEDS. DURING 2024 MHS HOSPITALS ADMITTED 84,327 PATIENTS FOR A TOTAL OF 431,429 PATIENT DAYS, PERFORMED 75,990 SURGERIES AND DELIVERED 9,704 BABIES. THERE WERE 14,133 NEWBORN DAYS DURING 2024. THEY ALSO PROVIDED CARE FOR 480,752 OUTPATIENT VISITS AND 612,092 EMERGENCY ROOM VISITS, OF WHICH 1,649 WERE TRAUMA PATIENTS. IN ADDITION, MHS, THROUGH THE COMMUNITY PARTNERSHIP FUND, SUPPORTS ORGANIZATIONS WHOSE WORK IS IMPORTANT TO THE HEALTH OF THE COMMUNITIES IT SERVES IN PUGET SOUND AND EASTERN WA. IN 2024 MHS PROVIDED 66 GRANTS TO COMMUNITY ORGANIZATIONS.

    Expenses $3,446,146,306 · Grants $10,811,370 · Revenue $4,011,771,215

  • MULTICARE HEALTH SYSTEM OPERATES A SYSTEM OF MULTI-SPECIALTY CLINICS, PRIMARY CARE PHYSICIAN PRACTICES, HIGHLY SPECIALIZED URGENT CARE CENTERS (UCC) ALL OVER WA STATE, FROM THE INLAND NORTHWEST TO THE SOUTH PUGET SOUND. ROCKWOOD CLINIC, LOCATED IN SPOKANE, WA, IS THE LARGEST OUTPATIENT DIAGNOSTIC AND TREATMENT CENTER IN THE EASTERN WA REGION, WITH MULTIPLE LOCATIONS OFFERING PRIMARY CARE, URGENT CARE AND SPECIALTY CARE. IN 2024 THE INDIGO UCC, MULTICARE UCC AND ROCKWOOD CLINICS PROVIDED 481,399 CLINIC VISITS. THE MULTI-SPECIALTY CLINICS PROVIDED 1,474,877 PHYSICIAN VISITS, OUTPATIENT VISITS OF 62,303, PERFORMED 37 SURGERIES, AND PROCESSED 750,514 LABORATORY WORKLOAD UNITS AND 139,014 IMAGING RELATIVE UNITS. (SEE SCHEDULE O)(CONTINUATION FROM PAGE 2) MULTICARE HEALTH SYSTEM OPERATES PRIMARY CARE PHYSICIAN PRACTICES THROUGHOUT PIERCE, SOUTH KING, THURSTON, SPOKANE COUNTIES. THESE PRACTICES PROVIDED 814,606 PATIENT VISITS DURING 2024.THE GIG HARBOR AMBULATORY CENTER PERFORMED SPECIALIST SURGERIES AS FOLLOWS: PEDIATRIC, GENERAL, NEUROLOGIC, VASCULAR, SPINE, ORTHOPEDIC, GENERAL BREAST, PEDIATRIC ORTHOPEDIC, CARDIOTHORACIC, GENERAL BARIATRIC, COLORECTAL, PEDIATRIC NEUROSURGERY.

    Expenses $663,554,071 · Revenue $624,456,851

  • MULTICARE HEALTH SYSTEM OPERATES OTHER PROGRAMS SUCH AS POPULATION HEALTH, BEHAVIORAL HEALTH, HOME HEALTH SERVICES, HOSPICE, ADULT DAY HEALTH, CANCER INSTITUTE, MEDICAL ACADEMICS AND MANY OTHER. DURING 2024 THE HOME HEALTH AND HOSPICE PROGRAMS PROVIDED 114,173 CLINIC VISITS, 48,359 HOME HEALTH VISITS, AND ADMITTED 3,177 PATIENTS AND 1,506 PATIENTS, RESPECTIVELY. MULTICARE BEHAVIORAL HEALTH SERVICES (BHS) OFFERS A FULL RANGE OF SERVICES AND AN INTEGRATED APPROACH TO WELLNESS. BHS ADMITTED 581 PATIENTS FOR A TOTAL OF 24,646 PATIENT DAYS AND 715 PHARMACY WORKLOAD UNITS. PACIFIC NORTHWEST (PNW) PACE PARTNERS PROVIDES INNOVATIVE CARE FOR SENIORS, IT PROVIDES AN ALTERNATIVE MODEL OF CARE THAT AIMS TO SUPPORT THE HEALTH, SAFETY AND INDEPENDENCE OF VULNERABLE SENIORS WHILE REDUCING THE BURDEN FOR FAMILY CAREGIVERS (SEE SCH O).MULTICARE HOSPICE AND PNW HOSPICE ARE MULTICARE'S LINES OF HEALTHCARE FOR INDIVIDUALS WHO ARE ENTERING THE LAST PHASES OF ANY TERMINAL ILLNESS, INCLUDING CANCER, AIDS, ALZHEIMER'S AND RELATED DEMENTIA ILLNESSES, HEART FAILURE, COPD, END-STAGE DIABETES, ETC. HOSPICE CARE IS NOT DESIGNED FOR CURATIVE TREATMENT FOR ILLNESS, BUT RATHER TO PROVIDE CARE AND SUPPORT TO HELP INDIVIDUALS MANAGE THEIR PAIN AND OTHER SYMPTOMS.

    Expenses $62,613,383 · Revenue $158,824,024

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sally B Leighton

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Tara Perry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Dale L Sowell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Janine Terrano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Robin Thomashauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Frank Tombari

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Deedra Walkey

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • John Wiborg

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Robert Yost

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Joanna Monroe

    DIRECTOR,BEGINNING 3/24

    Total calculated
    $0
    Hours/week
    5

  • Russ Stockdale

    DIRECTOR,BEGINNING 10/24

    Total calculated
    $0
    Hours/week
    5

  • William Robertson

    CEO

    Total calculated
    $8,673,258
    From this org
    $7,786,801
    From related orgs
    $0
    Other
    $886,457
    Hours/week
    56 + 4 related

    Schedule J breakdown matched by us

    Base
    $2,059,505
    Bonus
    $495,884
    Other
    $5,231,412
    Deferred
    $868,485
    Nontaxable benefits
    $17,972
    Filer's total
    $8,673,258

  • Florence Chang

    PRESIDENT

    Total calculated
    $4,965,425
    From this org
    $4,290,542
    From related orgs
    $0
    Other
    $674,883
    Hours/week
    56 + 4 related

    Schedule J breakdown matched by us

    Base
    $1,544,724
    Bonus
    $372,133
    Other
    $2,373,685
    Deferred
    $656,911
    Nontaxable benefits
    $17,972
    Filer's total
    $4,965,425

  • James Lee

    CFO & EVP - POP. BASED CARE

    Total calculated
    $1,420,605
    From this org
    $1,234,642
    From related orgs
    $0
    Other
    $185,963
    Hours/week
    56 + 4 related

    Schedule J breakdown matched by us

    Base
    $1,014,593
    Bonus
    $212,052
    Other
    $7,997
    Deferred
    $158,771
    Nontaxable benefits
    $27,192
    Filer's total
    $1,420,605

  • David R O'Brien

    EVP,CHIEF PHYS.OFFICER

    Total calculated
    $1,507,873
    From this org
    $1,469,249
    From related orgs
    $0
    Other
    $38,624
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,001,116
    Bonus
    $313,059
    Other
    $155,074
    Deferred
    $20,700
    Nontaxable benefits
    $17,924
    Filer's total
    $1,507,873

  • June Altaras

    EVP,CHIEF NURSING ENTREPR

    Total calculated
    $1,203,062
    From this org
    $1,164,540
    From related orgs
    $0
    Other
    $38,522
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $857,369
    Bonus
    $177,194
    Other
    $129,977
    Deferred
    $20,700
    Nontaxable benefits
    $17,822
    Filer's total
    $1,203,062

  • Timothy W Lynch

    SVP MHS, CHIEF ADMIN OFFICER, CLINICAL SVCS

    Total calculated
    $1,034,624
    From this org
    $915,039
    From related orgs
    $0
    Other
    $119,585
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $611,106
    Bonus
    $182,663
    Other
    $121,270
    Deferred
    $92,324
    Nontaxable benefits
    $27,261
    Filer's total
    $1,034,624

  • Alexander M Jackson

    SVP CHIEF EXEC.INLAND NW & CENTRAL WA

    Total calculated
    $904,108
    From this org
    $786,088
    From related orgs
    $0
    Other
    $118,020
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $672,737
    Bonus
    $107,634
    Other
    $5,717
    Deferred
    $108,120
    Nontaxable benefits
    $9,900
    Filer's total
    $904,108

  • Jeffrey Poltawsky

    PRES. MARY BRIDGE & PEDIATRIC NETWORK

    Total calculated
    $721,480
    From this org
    $683,299
    From related orgs
    $0
    Other
    $38,181
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $513,260
    Bonus
    $94,634
    Other
    $75,405
    Deferred
    $20,700
    Nontaxable benefits
    $17,481
    Filer's total
    $721,480

  • Tim Holmes

    SVP CH. EXEC E PIERCE,S KING,CAP,BH

    Total calculated
    $1,083,093
    From this org
    $959,110
    From related orgs
    $0
    Other
    $123,983
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $622,783
    Bonus
    $169,358
    Other
    $166,969
    Deferred
    $98,283
    Nontaxable benefits
    $25,700
    Filer's total
    $1,083,093

  • Lee Sandquist MD

    PHYSICIAN

    Total calculated
    $2,285,965
    From this org
    $2,251,561
    From related orgs
    $0
    Other
    $34,404
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $2,203,836
    Bonus
    $46,143
    Other
    $1,582
    Deferred
    $12,075
    Nontaxable benefits
    $22,329
    Filer's total
    $2,285,965

  • Nehal Masood MD

    PHYSICIAN

    Total calculated
    $1,908,083
    From this org
    $1,862,194
    From related orgs
    $0
    Other
    $45,889
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,668,839
    Bonus
    $179,344
    Other
    $14,011
    Deferred
    $20,700
    Nontaxable benefits
    $25,189
    Filer's total
    $1,908,083

  • David Coons MD

    PHYSICIAN

    Total calculated
    $1,829,071
    From this org
    $1,783,000
    From related orgs
    $0
    Other
    $46,071
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,575,849
    Bonus
    $193,140
    Other
    $14,011
    Deferred
    $20,700
    Nontaxable benefits
    $25,371
    Filer's total
    $1,829,071

  • Benjamin Y Chen MD

    PHYSICIAN

    Total calculated
    $1,768,206
    From this org
    $1,730,492
    From related orgs
    $0
    Other
    $37,714
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,573,759
    Bonus
    $144,234
    Other
    $12,499
    Deferred
    $20,700
    Nontaxable benefits
    $17,014
    Filer's total
    $1,768,206

  • Sunil Rangarajan MD

    PHYSICIAN

    Total calculated
    $2,032,960
    From this org
    $2,002,142
    From related orgs
    $0
    Other
    $30,818
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,765,312
    Bonus
    $218,821
    Other
    $18,009
    Deferred
    $13,800
    Nontaxable benefits
    $17,018
    Filer's total
    $2,032,960

  • David J Carlson

    FORMER SVP, SOUTH SOUND

    Total calculated
    $188,900
    From this org
    $188,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $188,900
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $188,900

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
LINE 1A - THE EXECUTIVE BENEFIT ALLOWANCE AND THE PHYSICIANS BENEFIT ALLOWANCE ARE DISCRETIONARY SPENDING ACCOUNTS AND THERE ARE NO RESTRICTIONS AS TO HOW THE FUNDS ARE TO BE SPENT. THREE KEY EMPLOYEES AND FOUR HIGHEST PAID EMPLOYEES RECEIVED EXECUTIVE BENEFIT ALLOWANCE IN 2024. THEY CAN CHOOSE TO AUGMENT THEIR BENEFITS OR RECEIVE IT AS COMPENSATION PART OF TAXABLE WAGES. THE PAYMENTS WERE TAXED AND INCLUDED IN COLUMN B,(III).
PART I, LINES 4A-B
LINE 4A - IN 2024 THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS: DAVID CARLSON - $188,900. LINE 4B - THE FOLLOWING REPORTED PEOPLE PARTICIPATED IN A 457(F) DEFERRED COMPENSATION PLAN AND RECEIVED A PAYOUT IN 2024: TIM HOLMES - $162,160 AND TIMOTHY LYNCH - $113,273. IRC SECTION 457(F) PLANS ALLOW PARTICIPANTS TO CHOOSE FROM A NUMBER OF DIFFERENT TYPES OF BENEFITS WITH A DEFAULT SELECTION INTO A 457(F) PLAN. THE PLAN COVERS EMPLOYEES WHO ARE PRIMARILY A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES. THIS TYPE OF ARRANGEMENT CONTAINS A RISK OF FORFEITURE AND SOME OF THE ACCOUNTS USE A NON-COMPETE CLAUSE. THE EXECUTIVE GROUP ACCOUNTS CONTAIN A ROLLING 5-YEAR CLIFF 50% VESTING SCHEDULE AND ONCE THAT IS BEING MET THE PARTICIPANT RECEIVES 50% OF THE ACCOUNT, WITH A 100% VESTING UPON AGE 62 OR 5 YEARS OF PRIOR EMPLOYMENT. FOR THE HIGHLY COMPENSATED GROUP (PLAN'S LEGACY PHYSICIAN PARTICIPANT GROUP) DISTRIBUTION OF BALANCES PAID REPRESENTED VESTED AMOUNT DURING THE YEAR. THE PAYMENTS WERE TAXED AND INCLUDED IN COLUMN B, (III). SCHEDULE J, COLUMN B (III) & C, SUPPLEMENTAL INFORMATION: PART II, COLUMN B (III): DEFERRED COMPENSATION AMOUNTS, SERP VESTED TAXABLE DISTRIBUTIONS, WERE PAID OUT TO THE FOLLOWING INDIVIDUALS: WILLIAM ROBERTSON - $5,216,506 AND FLORENCE CHANG - $2,358,779. THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN HAS A VESTING SCHEDULE; THE VESTED BENEFIT WAS PAID OUT AS ORDINARY INCOME (REPORTED ON W-2) AS OF THE PARTICIPANT'S VESTING DATE MILESTONE. THE PAYMENT WAS TAXED AND INCLUDED IN COLUMN B,(III). PART II, COLUMN C: WILLIAM ROBERTSON, CEO, AND FLORENCE CHANG, PRESIDENT, EARNED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) INCOME IN THE AMOUNTS OF $847,785 AND $636,211, RESPECTIVELY, WHICH ARE REFLECTED IN COLUMN C. THE SERP PLAN HAS DEFERRALS INTO THE 457(F) CAA DEFERRED COMPENSATION PLAN.
FORM 990, PART VII AND SCHEDULE J, PART III- SUPPLEMENTAL
THE REPORTABLE COMPENSATION FOR THE OFFICERS OF THE CORPORATION AND KEY EMPLOYEES IS BASED ON THE TOTAL AMOUNT PAID DURING THE YEAR FOR MANAGEMENT AND LEADERSHIP OF MULTICARE HEALTH SYSTEM ENTITIES (91-1514257, 94-3030039, 47-5457904, 82-2949880, 91-0848698, 91-6064184). THE AMOUNTS UNDER OTHER COMPENSATION INCLUDE DEFERRED COMPENSATION, AND THE VALUE OF MEDICAL, DENTAL, LIFE, DISABILITY INSURANCE, AND PENSION BENEFITS. COMPENSATION ON THIS TAX RETURN INCLUDES AMOUNTS THAT ARE NOT VESTED, ARE SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE AND MAY NOT BE PAID OUT IN THE FUTURE. THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION AT MULTICARE HEALTH SYSTEM (I) COMPLIES WITH IRS GUIDELINES FOR TAX-EXEMPT ORGANIZATIONS; (II) IS DETERMINED BY A SEPARATE COMMITTEE OF THE BOARD OF DIRECTORS WHOSE MEMBERS ARE ALL INDEPENDENT, DO NOT HAVE A CONFLICT OF INTEREST, AND ARE NON-PAID; AND (III) IS ANNUALLY EVALUATED IN THE CONTEXT OF COMPENSATION DATA GATHERED BY INDEPENDENT EXTERNAL CONSULTANTS FROM A PEER GROUP COMPRISED OF SIMILAR HIGH PERFORMING HEALTHCARE INSTITUTIONS, PRIMARILY INTEGRATED HEALTHCARE ORGANIZATIONS. COMPENSATION PAID IS DETERMINED TO BE REASONABLE AND NECESSARY BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND THE INDEPENDENT EXTERNAL CONSULTANT. IN ADDITION, A SIGNIFICANT PORTION OF COMPENSATION IS AT RISK AND BASED ON ACHIEVEMENT OF GOALS SET BY THE BOARD OF DIRECTORS AT THE START OF EACH YEAR IN AREAS SUCH AS PATIENT SAFETY, QUALITY, WORKFORCE DEVELOPMENT, FINANCE AND OTHER MISSION-RELATED AREAS. THE BOARD PLACES A HIGH PRIORITY ON THE NEED TO RECRUIT AND RETAIN A STRONG LEADERSHIP TEAM AND TO CREATE A HIGHLY MOTIVATED AND ENGAGED WORKFORCE TO DRIVE SUPERIOR ORGANIZATIONAL PERFORMANCE IN ORDER TO ACHIEVE TOP TIER INTEGRATED CARE DELIVERY SYSTEM STATUS. THE COMPENSATION COMMITTEE ROUTINELY REVIEWS BENEFITS AND RETIREMENT PROGRAMS TO ENSURE THE PLANS ARE MARKET-BASED AND OTHERWISE CONSISTENT WITH IRS GUIDELINES. THE OFFICERS OF MULTICARE HEALTH SYSTEM, 91-1352172, ALSO FULFILL OFFICER AND EXECUTIVE FUNCTIONS FOR ITS RELATED ENTITIES. COMPENSATION DISCLOSED IS REPORTED TO THE RELATED ENTITIES TAX RETURNS IN ACCORDANCE WITH IRS REGULATIONS, BUT IS NOT CHARGED TO THE SUBSIDIARY OR AFFILIATE. AN OFFICER LISTED DEVOTES AN AVERAGE OF 60 HOURS PER WEEK TO PERFORM HIS OR HER RESPONSIBILITIES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

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

  • MULTICARE CONNECTED CARE LLC

    HEALTHCARE ACO · WA · income $1,237,798 · assets $12,264,546

    Directly controlled by MULTICARE HEALTH SYSTEM

  • MHS EMPLOYEES LLC

    HEALTHCARE · WA · income -$22,735 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • PNW PACE PARTNERS LLC

    HEALTHCARE · WA · income -$3,067,945 · assets $11,224,920

    Directly controlled by MULTICARE HEALTH SYSTEM

  • PNW HOSPICE LLC

    HEALTHCARE · WA · income -$59,302 · assets $216,034

    Directly controlled by MULTICARE HEALTH SYSTEM

  • CAPITAL MEDICAL CENTER PHYSICIANS LLC

    HEALTHCARE · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • CAPITAL MEDICAL CENTER SPECIALTY PHYSICIANS LLC

    HEALTHCARE · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • CAPITAL MEDICAL HEALTH SOLUTIONS LLC

    REAL PROPERTY ACQUISITION · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • NORTHSTAR PROPERTY ACQUISITIONS LLC

    REAL PROPERTY ACQUISITION · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • CAVATICA LAND ACQUISITIONS LLC

    REAL PROPERTY ACQUISITION · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • SYRINGA LAND ACQUISITIONS LLC

    REAL PROPERTY ACQUISITION · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • NINE ALDER ACQUISITIONS LLC

    REAL PROPERTY ACQUISITION · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • NW COMMUNITY LABORATORIES LLC

    HEALTHCARE · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • PUYALLUP AMBULATORY SURGERY LLC

    HEALTHCARE · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • PSW ACO 1 LLC

    HEALTHCARE · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • MYASC LLC

    HEALTHCARE · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • MEC YAKIMA LLC

    HEALTHCARE · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

  • VP SURGERY OF AUBURN LLC

    HEALTHCARE · WA · income $0 · assets $0

    Directly controlled by MULTICARE HEALTH SYSTEM

Related partnerships

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

  • OLYMPIC SPORTS & SPINE PLLC

    RELATED · HEALTHCARE SERVICES · WA

  • AUBURN IMAGING PARTNERS

    RELATED · HEALTHCARE SERVICES · WA · 80% owned · share of income -$227,175 · share of assets $326,374 · general or managing partner

    Directly controlled by MULTICARE HEALTH SYSTEM

  • VP SURGERY OF AUBURN

    RELATED · HEALTHCARE SERVICES · WA · 100% owned · share of income $63,515 · general or managing partner

    Directly controlled by MULTICARE HEALTH SYSTEM

  • REDICLINIC OF WALLC

    RELATED · HEALTHCARE SERVICES · TX · 51% owned · share of assets $56,050

    Directly controlled by MULTICARE HEALTH SYSTEM

  • INDIGO IDAHO SERVICES LLC

    RELATED · HEALTHCARE SERVICES · ID · 51% owned · share of income -$217,386 · share of assets $298,144

    Directly controlled by MULTICARE HEALTH SYSTEM

  • PHYSICIANS OF SW WA LLC

    RELATED · HEALTHCARE SERVICES · WA · 76.45% owned · share of income -$7,970,059 · share of assets $25,372,147

    Directly controlled by MULTICARE HEALTH SYSTEM

  • MYRIADD SUPPLY NETWORK LLC

    RELATED · HEALTHCARE SERVICES · WA · 60.1% owned · share of income $299,632 · share of assets $578,858

    Directly controlled by MULTICARE HEALTH SYSTEM

Related corporations and trusts

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

  • MEDIS CORPORATION

    C · MEDICAL BUILDING RENTAL · WA · 100% owned · share of income $1,734,605 · share of assets $5,837,055 · controlled entity

    Directly controlled by MULTICARE HEALTH SYSTEM

  • COMMENCEMENT RE

    C · MALPRACTICE INSURANCE · CJ · 100% owned · share of assets $257,483,400 · controlled entity

    Directly controlled by MULTICARE HEALTH SYSTEM

  • JOURNEY HEALTH INC

    C · HEALTHCARE SERVICES · WA · 100% owned · share of income $287,046 · share of assets $11,298,616 · controlled entity

    Directly controlled by MULTICARE HEALTH SYSTEM

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202513159349304511

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