Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,567,244

• 1f · All other contributions, gifts and grants

  $142,129

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $120,583,418 · related or exempt $120,583,418

• 2b · Program service revenue: DIETARY REVENUE

  total $280,648 · related or exempt $280,648

• 3 · Investment income

  total $175,555 · excluded $175,555

• 6a · Gross rents

  real property $164,003

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $164,003

• 6d · Net rental income or loss

  total $164,003 · excluded $164,003

• 7a · Gross sales of assets other than inventory

  securities $1,635

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

  securities $0

• 7c · Gain or loss

  securities $1,635

• 7d · Net gain or loss

  total $1,635 · excluded $1,635

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,199,467 · program services $1,199,467

• 2 · Grants to domestic individuals

  total $1,719 · program services $1,719

• 5 · Compensation of officers, directors and key employees

  total $645,349 · program services $322,675 · management and general $322,674

• 7 · Other salaries and wages

  total $41,506,239 · program services $37,523,969 · management and general $3,982,270

• 8 · Pension plan contributions

  total $1,826,303 · program services $1,650,571 · management and general $175,732

• 9 · Other employee benefits

  total $6,177,429 · program services $5,583,018 · management and general $594,411

• 10 · Payroll taxes

  total $2,566,836 · program services $2,319,847 · management and general $246,989

• 11c · Fees: accounting

  total $43,147 · management and general $43,147

• 11d · Fees: lobbying

  total $7,519 · program services $7,519

• 11f · Fees: investment management

  total $344,770 · program services $232,832 · management and general $111,938

• 11g · Fees: other

  total $15,123,483 · program services $12,826,344 · management and general $2,297,139

• 13 · Office expenses

  total $492,948 · program services $436,834 · management and general $56,114

• 14 · Information technology

  total $27,821 · program services $24,654 · management and general $3,167

• 16 · Occupancy

  total $2,752,811 · program services $2,439,448 · management and general $313,363

• 17 · Travel

  total $55,874 · program services $49,514 · management and general $6,360

• 19 · Conferences, conventions and meetings

  total $11,645 · program services $10,319 · management and general $1,326

• 20 · Interest

  total $868,197 · program services $586,317 · management and general $281,880

• 22 · Depreciation, depletion and amortization

  total $4,300,862 · program services $4,009,348 · management and general $291,514

• 23 · Insurance

  total $297,563 · program services $263,690 · management and general $33,873

• 24a · Other expenses: MEDICAL SUPPLIES

  total $21,694,935 · program services $21,694,935

• 24b · Other expenses: BAD DEBT

  total $16,239,070 · program services $16,239,070

• 24c · Other expenses: PROVIDER ASSESSMENT TAX

  total $2,360,860 · program services $2,360,860

• 24d · Other expenses: OTHER SUPPLIES

  total $337,273 · program services $298,880 · management and general $38,393

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  end of year $155,871

• 2 · Savings and temporary cash investments

  beginning of year $10,861,257 · end of year $2,683,532

• 4 · Accounts receivable

  beginning of year $11,968,464 · end of year $13,010,788

• 8 · Inventories for sale or use

  beginning of year $2,600,654 · end of year $3,435,448

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,412,491 · end of year $1,427,210

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

  $69,280,038

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

  $19,809,905

• 10c · Land, buildings and equipment, net

  beginning of year $50,248,718 · end of year $49,470,133

• 11 · Investments: publicly traded securities

  beginning of year $15,626,997 · end of year $15,194,992

• 13 · Investments: program-related

  beginning of year $2,838,476 · end of year $2,227,525

• 14 · Intangible assets

  beginning of year $40,042,575 · end of year $40,042,574

• 15 · Other assets

  beginning of year $389,720 · end of year $300,086

• 17 · Accounts payable and accrued expenses

  beginning of year $4,609,235 · end of year $1,439,591

• 19 · Deferred revenue

  beginning of year $2,592,617 · end of year $1,008,246

• 23 · Secured mortgages and notes payable

  beginning of year $21,407,756 · end of year $21,204,133

• 25 · Other liabilities

  beginning of year $43,700,737 · end of year $38,450,374

• 27 · Net assets without donor restrictions

  beginning of year $63,679,007 · end of year $65,841,146

• 28 · Net assets with donor restrictions

  end of year $4,669

The filer's explanations (Part III)

PART I, LINE 4B

CERTAIN DIRECTORS AND OFFICERS OF THE FILING ORGANIZATION PARTICIPATED IN AND/OR RECEIVED PAYMENTS FROM A NON-QUALIFIED DEFERRED COMPENSATION PLAN (RESTORATION OR SERP). THE DETERMINATION OF THE PAYMENT AMOUNT FROM THE NON-QUALIFIED DEFERRED COMPENSATION PLANS FOLLOWED THE EMPLOYMENT ORGANIZATION'S COMPENSATION PROCEDURES. THE FOLLOWING DIRECTORS AND OFFICERS RECEIVED PAYMENTS FROM NON-QUALIFIED DEFERRED COMPENSATION PLANS DURING THE CURRENT TAX YEAR: CHAD BROWN $29,877 BRADLEY A. CLARK $34,775 MICHAEL T. WAID $93,078 J. MCLAIN WALLACE, JR. $116,382 JENA FOLGER $4,979

FORM 990, PART VII, LINE 5 - COMPENSATION FROM UNRELATED ORGANIZATION

BRADLEY A. CLARK WAS COMPENSATED BY THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY ("CMHA", DOING BUSINESS AS ATRIUM HEALTH), AN AFFILIATED BUT UNRELATED ORGANIZATION, FOR SERVICES RENDERED TO THE ORGANIZATION. SEE PART VII AND SCHEDULE J FOR HIS COMPENSATION.

Related partnerships

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

• MS LAND HOLDING CO LLC

  REAL ESTATE · NC

• HIGH POINT SURGERY CENTER LLC

  HEALTHCARE · NC

• HHI-WS LLC

  N/A · INVESTMENT · NC

Related corporations and trusts

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

• HIGH POINT HEALTH CARE VENTURES INC

  C · REAL ESTATE · NC