Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PATIENT SERVICES

  total $42,899,677 · related or exempt $42,899,677

• 2b · Program service revenue: PHARMACY

  total $5,095,528 · related or exempt $5,095,528

• 2c · Program service revenue: WELLNESS CENTER

  total -$48,855 · unrelated business -$48,855

• 3 · Investment income

  total $259,304 · excluded $259,304

• 6a · Gross rents

  real property $161,615

• 6b · Less rental expenses

  real property $3,172

• 6c · Rental income or loss

  real property $158,443

• 6d · Net rental income or loss

  total $158,443 · excluded $158,443

• 7a · Gross sales of assets other than inventory

  securities $8,042,063

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

  securities $8,806,479

• 7c · Gain or loss

  securities -$764,416

• 7d · Net gain or loss

  total -$764,416 · excluded -$764,416

• 11a · Other revenue: OTHER INCOME

  total $6,399,354 · related or exempt $6,399,354

• 11b · Other revenue: CAFETERIA & VENDING

  total $169,955 · related or exempt $169,955

• 11c · Other revenue: DASCO PARTNERSHIP

  total $124,552 · unrelated business $124,552

• 11e · Other revenue, total

  $6,693,861

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $438,095 · program services $346,095 · management and general $92,000

• 7 · Other salaries and wages

  total $22,481,977 · program services $17,760,762 · management and general $4,721,215

• 8 · Pension plan contributions

  total $495,000 · program services $391,050 · management and general $103,950

• 9 · Other employee benefits

  total $3,070,040 · program services $2,425,332 · management and general $644,708

• 10 · Payroll taxes

  total $1,493,201 · program services $1,179,629 · management and general $313,572

• 11b · Fees: legal

  total -$72,273 · management and general -$72,273

• 11f · Fees: investment management

  total $11,305 · management and general $11,305

• 11g · Fees: other

  total $15,311,252 · program services $12,095,889 · management and general $3,215,363

• 12 · Advertising and promotion

  total $184,811 · program services $146,001 · management and general $38,810

• 13 · Office expenses

  total $425,835 · program services $336,410 · management and general $89,425

• 16 · Occupancy

  total $83,260 · program services $65,775 · management and general $17,485

• 17 · Travel

  total $15,544 · program services $12,280 · management and general $3,264

• 20 · Interest

  total $233,857 · program services $184,747 · management and general $49,110

• 22 · Depreciation, depletion and amortization

  total $1,814,979 · program services $1,433,833 · management and general $381,146

• 23 · Insurance

  total $971,874 · program services $767,780 · management and general $204,094

• 24a · Other expenses: DRUG EXPENSES

  total $4,924,181 · program services $4,924,181

• 24b · Other expenses: MEDICAL SUPPLIES

  total $4,002,050 · program services $4,002,050

• 24c · Other expenses: BAD DEBTS

  total $1,868,849 · program services $1,868,849

• 24d · Other expenses: MEDICAID PROVIDER TAX

  total $915,482 · program services $915,482

• 24e · All other expenses

  total $3,978,658 · program services $3,143,140 · management and general $835,518

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,497,302 · end of year $2,066,090

• 2 · Savings and temporary cash investments

  beginning of year $2,936,962 · end of year $2,999,889

• 4 · Accounts receivable

  beginning of year $2,734,492 · end of year $3,391,109

• 8 · Inventories for sale or use

  beginning of year $1,508,730 · end of year $1,606,970

• 9 · Prepaid expenses and deferred charges

  beginning of year $265,183 · end of year $470,959

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

  $21,264,388

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

  $2,150,153

• 10c · Land, buildings and equipment, net

  beginning of year $10,924,355 · end of year $19,114,235

• 11 · Investments: publicly traded securities

  beginning of year $8,602,603 · end of year $9,073,911

• 15 · Other assets

  beginning of year $164,478 · end of year $2,463,594

• 17 · Accounts payable and accrued expenses

  beginning of year $14,811,376 · end of year $26,097,747

• 19 · Deferred revenue

  beginning of year $99,672

• 25 · Other liabilities

  beginning of year $11,426,692 · end of year $10,163,860

• 27 · Net assets without donor restrictions

  beginning of year $2,296,365 · end of year $4,925,150

The filer's explanations (Part III)

PART I, LINE 3

THE CEO OF PLEASANT VALLEY SERVES UNDER A MANAGEMENT CONTRACT GOVERNED BY CABELL HUNTINGTON HOSPITAL. PVH IS NOT PART OF THE PROCESS IN DETERMINING THE CEO'S COMPENSATION. PVH PAYS CHH A MONTHLY FEE.