Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $82,107

• 1e · Government grants (contributions)

  $1,464,681

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

  total $153,678,599 · related or exempt $153,678,599

• 2b · Program service revenue: NET CLINIC SPACE RENTAL

  total $328,039 · related or exempt $328,039

• 3 · Investment income

  total $267,069 · excluded $267,069

• 7a · Gross sales of assets other than inventory

  securities $3,645,587

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

  securities $3,384,744

• 7c · Gain or loss

  securities $260,843

• 7d · Net gain or loss

  total $260,843 · excluded $260,843

• 11a · Other revenue: CAFETERIA SALES

  total $528,784 · unrelated business $64,283 · excluded $464,501

• 11b · Other revenue: INCENTIVE PAYMENT

  total $282,133 · excluded $282,133

• 11c · Other revenue: REVENUE SHARE

  total $166,913 · excluded $166,913

• 11d · All other revenue

  total $99,100 · excluded $99,100

• 11e · Other revenue, total

  $1,076,930

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $68,954 · program services $68,954

• 2 · Grants to domestic individuals

  total $2,000 · program services $2,000

• 5 · Compensation of officers, directors and key employees

  total $3,302,357 · program services $970,477 · management and general $2,331,880

• 7 · Other salaries and wages

  total $66,843,224 · program services $66,493,557 · management and general $349,667

• 8 · Pension plan contributions

  total $2,027,602 · program services $1,503,216 · management and general $524,386

• 9 · Other employee benefits

  total $11,939,761 · program services $9,039,185 · management and general $2,900,576

• 10 · Payroll taxes

  total $4,190,986 · program services $3,986,084 · management and general $204,902

• 11b · Fees: legal

  total $124,331 · program services $124,331

• 11c · Fees: accounting

  total $186,160 · program services $147,118 · management and general $39,042

• 11d · Fees: lobbying

  total $32,124 · management and general $32,124

• 11f · Fees: investment management

  total $1,350 · management and general $1,350

• 11g · Fees: other

  total $19,567,458 · program services $15,238,628 · management and general $4,328,830

• 12 · Advertising and promotion

  total $224,392 · program services $167,353 · management and general $57,039

• 13 · Office expenses

  total $18,884,965 · program services $17,313,021 · management and general $1,571,944

• 14 · Information technology

  total $3,810,813 · program services $2,826,138 · management and general $984,675

• 16 · Occupancy

  total $1,899,735 · program services $1,016,798 · management and general $882,937

• 17 · Travel

  total $137,041 · program services $121,812 · management and general $15,229

• 19 · Conferences, conventions and meetings

  total $205,734 · program services $162,192 · management and general $43,542

• 20 · Interest

  total $883,759 · program services $590,043 · management and general $293,716

• 22 · Depreciation, depletion and amortization

  total $6,794,744 · program services $4,977,166 · management and general $1,817,578

• 23 · Insurance

  total $3,151,356 · program services $2,345,591 · management and general $805,765

• 24a · Other expenses: BAD DEBT EXPENSE

  total $9,663,108 · program services $9,663,108

• 24b · Other expenses: IPA/SALES & USE TAX

  total $5,789,761 · program services $4,285,770 · management and general $1,503,991

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $727,170 · program services $551,917 · management and general $175,253

• 24d · Other expenses: FOOD SUPPLY

  total $714,740 · program services $533,647 · management and general $181,093

• 24e · All other expenses

  total $434,681 · program services $363,992 · management and general $70,689

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $263,292 · end of year $226,456

• 2 · Savings and temporary cash investments

  beginning of year $7,469,772 · end of year $2,890,132

• 4 · Accounts receivable

  beginning of year $25,923,697 · end of year $32,752,815

• 8 · Inventories for sale or use

  beginning of year $1,817,881 · end of year $1,680,102

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,376,613 · end of year $1,373,259

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

  $164,039,236

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

  $120,320,833

• 10c · Land, buildings and equipment, net

  beginning of year $47,235,272 · end of year $43,718,403

• 11 · Investments: publicly traded securities

  beginning of year $15,962,413 · end of year $13,510,638

• 13 · Investments: program-related

  beginning of year $5,719,400 · end of year $5,116,137

• 14 · Intangible assets

  beginning of year $3,479,167

• 15 · Other assets

  beginning of year $0 · end of year $1,843,071

• 17 · Accounts payable and accrued expenses

  beginning of year $50,240,812 · end of year $48,795,615

• 19 · Deferred revenue

  end of year $22,019

• 23 · Secured mortgages and notes payable

  beginning of year $19,855,380 · end of year $17,723,609

• 25 · Other liabilities

  beginning of year $0 · end of year $1,861,628

• 27 · Net assets without donor restrictions

  beginning of year $37,871,466 · end of year $34,708,142

• 28 · Net assets with donor restrictions

  beginning of year $1,279,849 · end of year $0

The filer's explanations (Part III)

PART I, LINE 4B

DAVID SCHREINER RECEIVED CONTRIBUTIONS TO A SERP PLAN IN THE AMOUNT OF $263,379.

Related corporations and trusts

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

• KSB VENTURES INC

  C · HOLD PARTNERSHIP INVESTMENT · IL · 100% owned · share of assets $294,652 · controlled entity

  Directly controlled by KATHERINE SHAW BETHEA HOSPITAL