Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,797,154

• 1e · Government grants (contributions)

  $2,187,000

• 2a · Program service revenue: PATIENT SERVICE REV

  total $967,338,960 · related or exempt $967,338,960

• 2b · Program service revenue: OTHER HOSPITAL SERVICE

  total $17,956,007 · related or exempt $17,870,653 · unrelated business $85,354

• 2c · Program service revenue: PHARMACY

  total $10,907,184 · related or exempt $7,470,637 · unrelated business $3,436,547

• 2d · Program service revenue: NUTRITION SERVICES

  total $6,176,804 · related or exempt $6,176,804

• 2e · Program service revenue: REGIONAL LAB

  total $885,709 · related or exempt $58,916 · unrelated business $826,793

• 3 · Investment income

  total $779,875 · excluded $779,875

• 6a · Gross rents

  real property $198,578

• 6b · Less rental expenses

  real property $2,778,012

• 6c · Rental income or loss

  real property -$2,579,434

• 6d · Net rental income or loss

  total -$2,579,434 · excluded -$2,579,434

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

  other assets $171,309

• 7c · Gain or loss

  other assets -$171,309

• 7d · Net gain or loss

  total -$171,309 · excluded -$171,309

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $314,605 · program services $314,605

• 2 · Grants to domestic individuals

  total $419,246 · program services $419,246

• 5 · Compensation of officers, directors and key employees

  total $11,375,062 · management and general $11,375,062

• 7 · Other salaries and wages

  total $454,257,991 · program services $382,046,626 · management and general $72,211,365

• 9 · Other employee benefits

  total $96,703,118 · program services $79,343,809 · management and general $17,359,309

• 10 · Payroll taxes

  total $32,055,279 · program services $26,300,992 · management and general $5,754,287

• 11a · Fees: management

  total $1,210,987 · management and general $1,210,987

• 11b · Fees: legal

  total $1,244,606 · management and general $1,244,606

• 11c · Fees: accounting

  total $377,058 · management and general $377,058

• 11d · Fees: lobbying

  total $23,250 · management and general $23,250

• 11g · Fees: other

  total $103,436,227 · program services $84,868,248 · management and general $18,567,979

• 12 · Advertising and promotion

  total $295,413 · management and general $295,413

• 13 · Office expenses

  total $9,895,954 · program services $8,119,518 · management and general $1,776,436

• 14 · Information technology

  total $9,300,392 · program services $7,630,866 · management and general $1,669,526

• 16 · Occupancy

  total $76,757,285 · program services $62,978,480 · management and general $13,778,805

• 17 · Travel

  total $949,884 · program services $779,369 · management and general $170,515

• 19 · Conferences, conventions and meetings

  total $935,032 · program services $767,183 · management and general $167,849

• 20 · Interest

  total $17,328,495 · management and general $17,328,495

• 22 · Depreciation, depletion and amortization

  total $24,072,433 · management and general $24,072,433

• 23 · Insurance

  total $4,893,147 · management and general $4,893,147

• 24a · Other expenses: PATIENT SUPPLIES

  total $138,004,434 · program services $113,231,069 · management and general $24,773,365

• 24b · Other expenses: PROVIDER TAX

  total $52,096,172 · management and general $52,096,172

• 24c · Other expenses: OTHER PURCHASED SERVICE

  total $19,498,560 · program services $19,498,560

• 24d · Other expenses: BAD DEBTS

  total $18,542,350 · management and general $18,542,350

• 24e · All other expenses

  total $8,745,849 · program services $8,113,045 · management and general $632,804

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $214,312 · end of year $384,969

• 2 · Savings and temporary cash investments

  beginning of year $14,520,934 · end of year $32,853,587

• 4 · Accounts receivable

  beginning of year $121,776,730 · end of year $131,995,781

• 7 · Other notes and loans receivable

  beginning of year $754,359 · end of year $149,412

• 8 · Inventories for sale or use

  beginning of year $10,789,005 · end of year $9,538,556

• 9 · Prepaid expenses and deferred charges

  beginning of year $16,736,979 · end of year $15,292,452

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

  $422,955,269

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

  $289,454,359

• 10c · Land, buildings and equipment, net

  beginning of year $347,575,858 · end of year $133,500,910

• 11 · Investments: publicly traded securities

  beginning of year $1,112,153,045 · end of year $2,495,816,005

• 13 · Investments: program-related

  beginning of year $44,829,568 · end of year $41,841,631

• 14 · Intangible assets

  beginning of year $14,747,485 · end of year $14,747,485

• 15 · Other assets

  beginning of year $38,418,779 · end of year $43,440,809

• 17 · Accounts payable and accrued expenses

  beginning of year $172,204,967 · end of year $1,461,796,522

• 19 · Deferred revenue

  beginning of year $12,952,794 · end of year $15,030,872

• 20 · Tax-exempt bond liabilities

  beginning of year $490,140,885 · end of year $478,858,007

• 25 · Other liabilities

  beginning of year $6,342,419 · end of year $5,130,949

• 27 · Net assets without donor restrictions

  beginning of year $1,034,446,703 · end of year $951,676,849

• 28 · Net assets with donor restrictions

  beginning of year $6,429,286 · end of year $7,068,398

The filer's explanations (Part III)

PART I, LINES 4A-B

THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS WHICH ARE REPORTED IN PART II, COLUMN B(III): DENISE HOOVER: $65,158 ZENNIA CENIZA: $71,517 SOME OF THE HOSPITAL'S INDIVIDUALS RECEIVE DEFERRED COMPENSATION UNDER A 457(F) NONQUALIFIED PLAN. THIS COMPENSATION IS INCLUDED IN COMPENSATION REPORTED IN PART II. THE TOTAL NONQUALIFIED PORTION OF EACH PERSONS DEFERRED COMPENSATION IS: BRANDON TIEU: $23,081 CHRISTINE CLARKE: $33,744 DENISE HOOVER: $12,669 ERIC LARO: $25,456 JAMES PARR: $54,493 JAMES BAUER: $22,524 JAIME NICHOLS: $25,753 JENNIFER FOWLER: $23,588 JONATHAN BAUER: $40,357 JUAN OYARZUN: $30,906 KATHERINE DOBLER: $31,154 LEAH MITCHELL: $54,493 LEILANI SLAMA: $22,262 MATTHEW BOLES: $44,445 NERVIN FANOUS: $30,077 NICOLE VANDERHAYDEN: $30,000 SARAH HORN: $36,329 SHEA CORUM: $26,593

PART I, LINE 7

IN CALENDAR YEAR 2022 THE GOVERNANCE COMMITTEE APPROVED THE DESIGN & PAYOUT OF A MULTI-YEAR RETENTION/BONUS PROGRAM FOR STAFF, LEADERS, & PROVIDERS. IN MARCH 2022 SALEM HEALTH PAID OUT THE EMPLOYEE RECOGNITION & RETENTION PLAN. THE PAYOUT WAS BASED ON A STRUCTURED MODEL SCENARIO.

Related partnerships

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

• SALEM AMBULATORY SURGERY CENTER LLC

  SURGERY CENTER · OR · 51% owned · share of income -$2,197,864 · share of assets -$1,961,550

• WILLAMETTE SURGERY CENTER LLC

  SURGERY CENTER · OR · 54.2% owned · share of income $2,422,463 · share of assets $1,883,208

  Directly controlled by SALEM HEALTH

• WSC BUILDING GROUP LLC

  SURGERY CENTER REAL ESTATE · OR · 51% owned · share of income -$196,527 · share of assets $7,244,803

  Directly controlled by SALEM HEALTH

Related corporations and trusts

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

• OREGON HEALTHCARE ENTERPRISES INC TTTE 1

  T · TAX TRUST PROGRAM · OR · 6.85% owned · share of income $157,247

• PACIFIC MEDICAL CONDOMINIUM UNIT OWNERS

  C · OWNERS ASSN · OR · 71.59% owned · share of income $1,039,571 · share of assets $1,841,177

  Directly controlled by SALEM HEALTH