Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PATIENT SERVICES

  total $2,580,845 · related or exempt $2,580,845

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

  other assets $13,345

• 7c · Gain or loss

  other assets -$13,345

• 7d · Net gain or loss

  total -$13,345 · excluded -$13,345

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $1,020,523 · program services $931,639 · management and general $88,884

• 8 · Pension plan contributions

  total $32,355 · program services $29,398 · management and general $2,957

• 9 · Other employee benefits

  total $153,400 · program services $127,332 · management and general $26,068

• 10 · Payroll taxes

  total $75,047 · program services $69,132 · management and general $5,915

• 11g · Fees: other

  total $253,720 · program services $46,737 · management and general $206,983

• 13 · Office expenses

  total $70,399 · program services $65,202 · management and general $5,197

• 14 · Information technology

  total $611 · program services $611

• 16 · Occupancy

  total $505,911 · program services $85,911 · management and general $420,000

• 17 · Travel

  total $915 · program services $915

• 19 · Conferences, conventions and meetings

  total $500 · program services $500

• 22 · Depreciation, depletion and amortization

  total $580,575 · program services $9,373 · management and general $571,202

• 24a · Other expenses: IMPAIRMENT OF GOODWILL

  total $11,063,885 · management and general $11,063,885

• 24b · Other expenses: MEDICAL/DIETARY SUPPLY

  total $787,041 · program services $783,660 · management and general $3,381

• 24c · Other expenses: EQUIPMENT

  total $72,088 · program services $72,088

• 24d · Other expenses: OVERHEAD ALLOCATION

  total $42,024 · management and general $42,024

• 24e · All other expenses

  total $20,860 · program services $4,747 · management and general $16,113

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $599 · end of year $599

• 4 · Accounts receivable

  beginning of year $376,544 · end of year $325,163

• 8 · Inventories for sale or use

  beginning of year $20,821 · end of year $0

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

  $17,083,118

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

  $15,307,542

• 10c · Land, buildings and equipment, net

  beginning of year $2,359,997 · end of year $1,775,576

• 14 · Intangible assets

  beginning of year $66,383,311 · end of year $55,319,426

• 15 · Other assets

  beginning of year $60,641,297 · end of year $60,491,107

• 17 · Accounts payable and accrued expenses

  beginning of year $127,951 · end of year $129,994

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $239,613

• 25 · Other liabilities

  beginning of year $169,938 · end of year $169,938

• 27 · Net assets without donor restrictions

  beginning of year $129,484,680 · end of year $117,372,326

The filer's explanations (Part III)

PART I, LINE 3

TRIHEALTH, INC., A RELATED ORGANIZATION OF TRIHEALTH HOSPITAL, INC., USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE.

PART I, LINE 4B

ELIGIBLE EXECUTIVES (GENERALLY VICE PRESIDENTS AND ABOVE) PARTICIPATE IN A PROGRAM THAT PROVIDES FOR SUPPLEMENTAL RETIREMENT BENEFITS. THE PAYMENT OF BENEFITS UNDER THE PROGRAM, IF ANY, IS ENTIRELY DEPENDENT UPON THE FACTS AND CIRCUMSTANCES UNDER WHICH THE EXECUTIVE TERMINATES EMPLOYMENT WITH THE ORGANIZATION. BENEFITS UNDER THE PROGRAM ARE UNFUNDED AND NON-VESTED. DUE TO THE SUBSTANTIAL RISK OF FORFEITURE PROVISION, THERE IS NO GUARANTEE THAT THESE EXECUTIVES WILL EVER RECEIVE ANY BENEFIT UNDER THE PROGRAM. ANY AMOUNT ULTIMATELY PAID UNDER THE PROGRAM TO THE EXECUTIVE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. DURING THE 2023 CALENDAR YEAR, NONE OF THE INDIVIDUAL(S) LISTED IN SCHEDULE J, PART II, RECEIVED A PAYMENT FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN WHICH WAS TREATED AS TAXABLE COMPENSATION BY TRIHEALTH, INC.

PART I, LINE 4A:

THE REPORTABLE INDIVIDUALS OF TRIHEALTH HOSPITAL, INC., WITH THE EXCEPTION OF A FEW, ARE PAID BY TRIHEALTH, INC., A RELATED ORGANIZATION, RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3). TRIHEALTH, INC. HAS A STANDARD EMPLOYEE SEVERANCE PACKAGE. GENERAL SEVERANCE PAY IS BASED ON LENGTH OF SERVICE. IN ADDITION, NOTICE PAY, IF APPLICABLE UNDER TRIHEALTH POLICY, MAY BE ADDED TO THE SEVERANCE PACKAGE AND THE AMOUNT OF NOTICE PAY WILL BE DETERMINED BY HUMAN RESOURCES IN ACCORDANCE WITH TRIHEALTH POLICY. PAYMENTS OF SEVERANCE ARE CONDITIONED UPON SIGNING A SEPARATION AND RELEASE AGREEMENT. DURING THE 2023 CALENDAR YEAR, NONE OF THE INDIVIDUAL(S) LISTED IN SCHEDULE J, PART II RECEIVED SEVERANCE PAYMENTS FROM TRIHEALTH, INC.

Related partnerships

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

• HEALTHCARE SOLUTIONS NETWORK LLC

  PHYSICIAN HOSPITAL ORGANIZATION · OH

• PREFERRED LAB PARTNERS LLC

  LABORATORY SERVICES · KY

Related corporations and trusts

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

• TRIHEALTH PHYSICIANS OF INDIANA INC

  C · PHYSICIAN PRACTICES · OH · controlled entity

• TRIHEALTH PHYSICIAN SOLUTIONS INC

  C · CLAIMS ADMINISTRATION · OH · controlled entity

• TRIHEALTH CIPHO INC

  C · PHYSICIAN HEALTH ORGANIZATION · OH · controlled entity

• PREMIERE MEDICAL OWNERS ASSOCIATION

  C · CONDO ASSOCIATION · OH · controlled entity

• SERVE INSURANCE LTD

  C · ALTERNATIVE RISK FINANCING · CJ · controlled entity