Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $795,230

• 1e · Government grants (contributions)

  $1,798,626

• 1f · All other contributions, gifts and grants

  $1,837,602

• 2a · Program service revenue: Net Patient Service Revenue

  total $446,538,197 · related or exempt $446,538,197

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $4,065,774 · excluded $4,065,774

• 6a · Gross rents

  real property $4,004,419

• 6c · Rental income or loss

  real property $4,004,419 · personal property $0

• 6d · Net rental income or loss

  total $4,004,419 · related or exempt $4,004,419

• 7a · Gross sales of assets other than inventory

  securities $16,853,420

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

  other assets $207,730

• 7c · Gain or loss

  securities $16,853,420 · other assets -$207,730

• 7d · Net gain or loss

  total $16,645,690 · excluded $16,645,690

• 11a · Other revenue: Other Revenue

  total $404,903 · excluded $404,903

• 11b · Other revenue: Cafeteria Sales

  total $221,265 · excluded $221,265

• 11c · Other revenue: Laundry Revenue

  total $198,068 · excluded $198,068

• 11d · All other revenue

  total $201,278 · related or exempt $0 · unrelated business $0 · excluded $201,278

• 11e · Other revenue, total

  $1,025,514

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,219,769 · program services $1,219,769

• 2 · Grants to domestic individuals

  total $26,500 · program services $26,500

• 5 · Compensation of officers, directors and key employees

  total $4,010,002 · program services $2,250,693 · management and general $1,759,309

• 7 · Other salaries and wages

  total $121,431,343 · program services $118,155,978 · management and general $3,275,365

• 8 · Pension plan contributions

  total $4,294,492 · program services $4,048,031 · management and general $246,461

• 9 · Other employee benefits

  total $19,014,702 · program services $17,923,448 · management and general $1,091,254

• 10 · Payroll taxes

  total $9,371,110 · program services $8,833,303 · management and general $537,807

• 11b · Fees: legal

  total $2,040,185 · management and general $2,040,185

• 11c · Fees: accounting

  total $291,004 · management and general $291,004

• 11g · Fees: other

  total $106,591,452 · program services $101,413,037 · management and general $5,178,415 · fundraising $0

• 12 · Advertising and promotion

  total $1,622,167 · program services $378,879 · management and general $1,243,288

• 13 · Office expenses

  total $89,670,937 · program services $88,154,425 · management and general $1,516,512

• 16 · Occupancy

  total $5,168,439 · program services $5,153,190 · management and general $15,249

• 17 · Travel

  total $267,346 · program services $222,832 · management and general $44,514

• 20 · Interest

  total $9,475,627 · program services $9,475,627

• 22 · Depreciation, depletion and amortization

  total $25,771,202 · program services $25,771,202

• 23 · Insurance

  total $4,245,467 · program services $4,245,467

• 24a · Other expenses: Provider Taxes

  total $14,659,582 · program services $14,659,582

• 24b · Other expenses: Liability Expense

  total $5,088,059 · program services $5,088,059

• 24c · Other expenses: Employee Recruitment

  total $2,235,787 · program services $2,235,787

• 24d · Other expenses: Postage & Shipping

  total $263,281 · program services $190,951 · management and general $72,330

• 24e · All other expenses

  total $164,709 · program services $164,709 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $463,344 · end of year -$7,967

• 4 · Accounts receivable

  beginning of year $59,755,934 · end of year $58,071,201

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $13,357,749 · end of year $14,716,904

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,939,073 · end of year $5,158,373

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

  $658,866,411

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

  $315,852,557

• 10c · Land, buildings and equipment, net

  beginning of year $361,646,634 · end of year $343,013,854

• 11 · Investments: publicly traded securities

  beginning of year $170,222,407 · end of year $153,693,125

• 12 · Investments: other securities

  beginning of year $3,098,000 · end of year $12,757,000

• 13 · Investments: program-related

  beginning of year $9,210,177 · end of year $10,410,443

• 14 · Intangible assets

  beginning of year $39,523 · end of year $39,523

• 15 · Other assets

  beginning of year $25,129,895 · end of year $35,028,271

• 17 · Accounts payable and accrued expenses

  beginning of year $113,205,275 · end of year $104,196,110

• 20 · Tax-exempt bond liabilities

  beginning of year $233,293,522 · end of year $226,775,285

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $7,436,170 · end of year $6,242,098

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $293,927,769 · end of year $295,667,234

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

Southeast Georgia Health System Inc. has certain employees that participate in a 457(f) deferred compensation plan which gives SGHS an opportunity to supplement the retirement income of its select management group or highly compensated employees by contributing to a plan that will be paid to the executive at retirement. Under the terms of the plan the following amounts were deferred during calendar year 2023. Scott Raynes: $ 157,242 Christy Jordan: $ 55,830 Cynde Gamache: $ 39,780 Kathleen Woods: $ 24,900 Glenn Gann: $24,190 Richard Grooms: $48,000 Susan Renee Ibanez: $57,840 Christopher Locke: $31,500 Stephanie Stark: $22,000

Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization

Compensation contingent on Net Earnings of the organization: Certain members of Management participate in a Management Incentive Plan which is based on a variety of managerial, quality and financial performance indicators. However, compensation is provided under that plan only if a certain net earnings threshold is met.

Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization

Compensation contingent on Net Earnings of the organization: Certain members of Management participate in a Management Incentive Plan which is based on a variety of managerial, quality and financial performance indicators. However, compensation is provided under that plan only if a certain net earnings threshold is met.

Related partnerships

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

• SE GA Cyberknife Center LLC

  N/A · Medical Services · GA · 51% owned · share of income $4,649,189 · share of assets $1,248,579

  Directly controlled by na

Related corporations and trusts

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

• Thomas & Mildred Beach Foundation

  Trust · Charitable Remainder Trust · AL · 0% owned · share of income $0 · share of assets $0

  Directly controlled by na