Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $29,332

• 1f · All other contributions, gifts and grants

  $219,097

• 2a · Program service revenue: PATIENT AND RESIDENT SERVICE REVE

  total $24,764,436 · related or exempt $24,764,436

• 2b · Program service revenue: PHARMACY REVENUE

  total $2,119,366 · related or exempt $1,633,415 · unrelated business $485,951

• 2c · Program service revenue: PHYSICIAN OUTREACH

  total $61,627 · related or exempt $61,627

• 2f · All other program service revenue

  total $384,237 · related or exempt $384,237

• 3 · Investment income

  total $22,880 · excluded $22,880

• 6a · Gross rents

  real property $28,443

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $28,443

• 6d · Net rental income or loss

  total $28,443 · excluded $28,443

• 7a · Gross sales of assets other than inventory

  other assets $272,437

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

  other assets $0

• 7c · Gain or loss

  other assets $272,437

• 7d · Net gain or loss

  total $272,437 · excluded $272,437

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $765,071 · program services $504,190 · management and general $260,881

• 6 · Compensation of disqualified persons

  total $40,971 · program services $40,971

• 7 · Other salaries and wages

  total $9,978,980 · program services $7,737,733 · management and general $2,241,247

• 8 · Pension plan contributions

  total $234,390 · program services $180,549 · management and general $53,841

• 9 · Other employee benefits

  total $1,355,895 · program services $932,573 · management and general $423,322

• 10 · Payroll taxes

  total $687,037 · program services $515,592 · management and general $171,445

• 11a · Fees: management

  total $236,569 · management and general $236,569

• 11b · Fees: legal

  total $11,782 · management and general $11,782

• 11c · Fees: accounting

  total $120,295 · management and general $120,295

• 11d · Fees: lobbying

  total $660 · management and general $660

• 11g · Fees: other

  total $9,411,403 · program services $8,076,268 · management and general $1,335,135

• 12 · Advertising and promotion

  total $21,900 · program services $10 · management and general $21,890

• 13 · Office expenses

  total $538,811 · program services $307,040 · management and general $231,771

• 16 · Occupancy

  total $839,391 · program services $323,284 · management and general $516,107

• 17 · Travel

  total $258,075 · program services $241,931 · management and general $16,144

• 19 · Conferences, conventions and meetings

  total $41,112 · program services $18,628 · management and general $22,484

• 20 · Interest

  total $580,792 · program services $385,201 · management and general $195,591

• 22 · Depreciation, depletion and amortization

  total $1,722,497 · program services $1,215,702 · management and general $506,795

• 23 · Insurance

  total $379,343 · program services $140,334 · management and general $239,009

• 24a · Other expenses: MEDICAL SUPPLIES

  total $4,182,785 · program services $4,154,768 · management and general $28,017

• 24b · Other expenses: FOOD

  total $294,861 · program services $294,861

• 24c · Other expenses: LICENSES, DUES & SUBSCR

  total $72,353 · program services $52,396 · management and general $19,957

• 24d · Other expenses: SALES TAX

  total $28,869 · program services $7,270 · management and general $21,599

• 24e · All other expenses

  total $180,946 · program services $18,144 · management and general $162,802

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $10,385 · end of year $374,078

• 4 · Accounts receivable

  beginning of year $6,838,768 · end of year $6,403,895

• 7 · Other notes and loans receivable

  beginning of year $156,828 · end of year $14,368

• 8 · Inventories for sale or use

  beginning of year $657,798 · end of year $511,492

• 9 · Prepaid expenses and deferred charges

  beginning of year $30,717 · end of year $44,348

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

  $38,510,811

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

  $21,445,281

• 10c · Land, buildings and equipment, net

  beginning of year $18,848,555 · end of year $17,065,530

• 11 · Investments: publicly traded securities

  beginning of year $1,025,777 · end of year $1,058,322

• 13 · Investments: program-related

  beginning of year $1,399,313 · end of year $1,371,026

• 15 · Other assets

  beginning of year $28,899 · end of year $728,899

• 17 · Accounts payable and accrued expenses

  beginning of year $3,927,460 · end of year $4,895,787

• 19 · Deferred revenue

  beginning of year $10,433 · end of year $10,433

• 21 · Escrow or custodial account liability

  beginning of year $6,524 · end of year $5,444

• 23 · Secured mortgages and notes payable

  beginning of year $14,610,768 · end of year $14,275,297

• 24 · Unsecured notes and loans payable

  end of year $2,145,499

• 25 · Other liabilities

  beginning of year $396,679 · end of year $305,542

• 27 · Net assets without donor restrictions

  beginning of year $8,645,863 · end of year $4,562,930

• 28 · Net assets with donor restrictions

  beginning of year $1,399,313 · end of year $1,371,026

The filer's explanations (Part III)

PART I, LINE 3

THE CEO WAS COMPENSATED THROUGH A MANAGEMENT AGREEMENT WITH SANFORD HEALTH NETWORK, AN UNRELATED ORGANIZATION, THROUGH JULY, 2024. SANFORD HEALTH NETWORK USES THE PROCESSES DESCRIBED IN PART I, QUESTION 3 TO DETERMINE APPROPRIATE COMPENSATION FOR THE CEO. THE CEO BECAME AN EMPLOYEE OF WINNER REGIONAL HEALTHCARE CENTER EFFECTIVE AUGUST 1, 2024.