Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $309,371

• 1e · Government grants (contributions)

  $1,162,018

• 1f · All other contributions, gifts and grants

  $897,562

• 2a · Program service revenue: Patient Service Revenue

  total $253,955,108 · related or exempt $253,955,108

• 2b · Program service revenue: Retail Pharmacy Revenue

  total $21,954,663 · related or exempt $21,954,663

• 2c · Program service revenue: Fam Practice Residency

  total $3,408,176 · related or exempt $3,408,176

• 2d · Program service revenue: Cafeteria Sales

  total $1,372,865 · related or exempt $1,372,865

• 2e · Program service revenue: Long Term Acute Care

  total $1,263,633 · related or exempt $1,263,633

• 2f · All other program service revenue

  total $2,314,329 · related or exempt $2,314,329

• 3 · Investment income

  total $154,494 · excluded $154,494

• 6a · Gross rents

  real property $4,144,199

• 6b · Less rental expenses

  real property $1,337,949

• 6c · Rental income or loss

  real property $2,806,250

• 6d · Net rental income or loss

  total $2,806,250 · excluded $2,806,250

• 7a · Gross sales of assets other than inventory

  securities $18,007 · other assets $31,561

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

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $18,007 · other assets $31,561

• 7d · Net gain or loss

  total $49,568 · excluded $49,568

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $54,939 · program services $54,939

• 5 · Compensation of officers, directors and key employees

  total $387,180 · management and general $387,180

• 7 · Other salaries and wages

  total $82,308,753 · program services $67,921,617 · management and general $14,387,136

• 8 · Pension plan contributions

  total $2,801,435 · program services $2,517,866 · management and general $283,569

• 9 · Other employee benefits

  total $15,365,735 · program services $11,592,691 · management and general $3,773,044

• 10 · Payroll taxes

  total $5,452,163 · program services $4,997,435 · management and general $454,728

• 11a · Fees: management

  total $18,146,371 · management and general $18,146,371

• 11d · Fees: lobbying

  total $13,139 · management and general $13,139

• 11f · Fees: investment management

  total $20,198 · management and general $20,198

• 11g · Fees: other

  total $33,985,638 · program services $23,893,359 · management and general $10,092,279

• 12 · Advertising and promotion

  total $91,599 · program services $464 · management and general $91,135

• 13 · Office expenses

  total $4,336,949 · program services $3,569,516 · management and general $767,433

• 16 · Occupancy

  total $2,015,603 · program services $1,170,318 · management and general $845,285

• 17 · Travel

  total $188,357 · program services $124,438 · management and general $63,919

• 20 · Interest

  total $352,861 · program services $302,834 · management and general $50,027

• 22 · Depreciation, depletion and amortization

  total $3,629,891 · program services $2,967,876 · management and general $662,015

• 23 · Insurance

  total $3,893,696 · program services $96,281 · management and general $3,797,415

• 24a · Other expenses: Medical Supplies

  total $60,726,427 · program services $60,560,072 · management and general $166,355

• 24b · Other expenses: Medicaid Assessment Fee

  total $9,800,930 · program services $629,178 · management and general $9,171,752

• 24c · Other expenses: Repairs and Maintenance

  total $5,194,342 · program services $3,667,946 · management and general $1,526,396

• 24d · Other expenses: Dues and Subscriptions

  total $669,806 · program services $499,957 · management and general $169,849

• 24e · All other expenses

  total $4,540,917 · program services $424,724 · management and general $4,116,193

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,247,463 · end of year $16,015

• 2 · Savings and temporary cash investments

  beginning of year $11,799,165 · end of year $17,756,543

• 3 · Pledges and grants receivable

  end of year $344,009

• 4 · Accounts receivable

  beginning of year $25,440,618 · end of year $32,360,597

• 8 · Inventories for sale or use

  beginning of year $4,901,238 · end of year $5,511,432

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,099,808 · end of year $809,287

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

  $32,357,832

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

  $3,981,683

• 10c · Land, buildings and equipment, net

  beginning of year $21,640,675 · end of year $28,376,149

• 11 · Investments: publicly traded securities

  beginning of year $2,927,656 · end of year $4,631,400

• 12 · Investments: other securities

  end of year $1,104,000

• 15 · Other assets

  beginning of year $22,170,485 · end of year $31,596,264

• 17 · Accounts payable and accrued expenses

  beginning of year $23,924,009 · end of year $12,377,731

• 19 · Deferred revenue

  end of year $23,080

• 23 · Secured mortgages and notes payable

  beginning of year $9,708,634 · end of year $902,303

• 25 · Other liabilities

  beginning of year $4,328,441 · end of year $21,740,997

• 27 · Net assets without donor restrictions

  beginning of year $49,812,931 · end of year $83,328,107

• 28 · Net assets with donor restrictions

  beginning of year $3,453,093 · end of year $4,133,478

The filer's explanations (Part III)

Part I, Line 3

Alisa Coleman, President, is compensated by Deaconess Health System, an unrelated organization, through a management agreement for services to the Hospital and related entities. Deaconess Health System uses some of the processes described in Part I, Question 3 to determine compensation, including comparability data and an independent compensation consultant. Compensation approval is done by the Board of Directors or Compensation Committee of Deaconess Health System.

Part I, Line 6

Incentive compensation is based on operating margin performance which is affected by the net earnings. If the operating margin is low there is no payout. The incentive payment is also based on the successful achievement of established inpatient satisfaction measures, outpatient satisfaction measures, and compliance with publicly reported quality indicators, as well as other technical and personal functional goals of both the organization and related organizations. The incentive compensation programs are formulated to reward behavior that balances patient needs and the efficient delivery of patient care to ensure the best outcomes are achieved.

Related partnerships

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

• Baptist Health Deaconess LLC

  Management · KY

• Baptist Health Deaconess Home Care LLC

  Related · Home Care Services · OH · 50% owned · share of income $161,871 · share of assets $730,265

  Directly controlled by Baptist Health Deaconess of Madisonville Inc

Related corporations and trusts

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

• Charitable Remainder Trust (1)

  T · Charitable income · IN