Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,577,237

• 1e · Government grants (contributions)

  $1,975,425

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $79,219,915 · related or exempt $79,219,915

• 3 · Investment income

  total $53,306 · excluded $53,306

• 5 · Royalties

  total $2,273 · excluded $2,273

• 7a · Gross sales of assets other than inventory

  other assets $338,074

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

  securities $153,013 · other assets $109,948

• 7c · Gain or loss

  securities -$153,013 · other assets $228,126

• 7d · Net gain or loss

  total $75,113 · excluded $75,113

• 11a · Other revenue: HEALTH AT HOME LICENSES

  total $400,000 · excluded $400,000

• 11b · Other revenue: CLINICAL EDUCATION SERVICES

  total $218,615 · related or exempt $218,615

• 11c · Other revenue: UCH ADVOCACY SERVICES

  total $148,000 · excluded $148,000

• 11d · All other revenue

  total $238,398 · related or exempt $100,350 · unrelated business -$38,908 · excluded $176,956

• 11e · Other revenue, total

  $1,005,013

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $901,607 · management and general $901,607

• 7 · Other salaries and wages

  total $39,312,369 · program services $37,919,326 · management and general $1,393,043

• 8 · Pension plan contributions

  total $1,435,649 · program services $1,387,314 · management and general $48,335

• 9 · Other employee benefits

  total $6,426,149 · program services $6,051,196 · management and general $374,953

• 10 · Payroll taxes

  total $2,952,758 · program services $2,746,094 · management and general $206,664

• 11b · Fees: legal

  total $83,497 · management and general $83,497

• 11c · Fees: accounting

  total $91,340 · program services $77,440 · management and general $13,900

• 11f · Fees: investment management

  total $270 · management and general $270

• 11g · Fees: other

  total $1,695,574 · program services $1,503,140 · management and general $192,434

• 12 · Advertising and promotion

  total $18,529 · program services $700 · management and general $17,829

• 13 · Office expenses

  total $529,436 · program services $243,560 · management and general $285,876

• 14 · Information technology

  total $442,005 · program services $155,287 · management and general $286,718

• 16 · Occupancy

  total $1,911,112 · program services $916,985 · management and general $994,127

• 17 · Travel

  total $1,417,789 · program services $1,349,314 · management and general $68,475

• 19 · Conferences, conventions and meetings

  total $222,744 · program services $139,344 · management and general $83,400

• 20 · Interest

  total $696,892 · management and general $696,892

• 22 · Depreciation, depletion and amortization

  total $3,444,021 · program services $2,948,972 · management and general $495,049

• 23 · Insurance

  total $282,279 · program services $211 · management and general $282,068

• 24a · Other expenses: ALLOCATED COSTS

  total $13,134,882 · management and general $13,134,882

• 24b · Other expenses: MEDICAL SUPPLIES

  total $5,662,514 · program services $5,662,514

• 24c · Other expenses: ROOM & BOARD

  total $2,720,018 · program services $2,720,018

• 24d · Other expenses: PATIENT SERVICE

  total $1,482,290 · program services $1,478,772 · management and general $3,518

• 24e · All other expenses

  total $1,361,336 · program services $1,009,877 · management and general $351,459

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $38,711 · end of year $18,507

• 4 · Accounts receivable

  beginning of year $8,096,024 · end of year $8,894,699

• 7 · Other notes and loans receivable

  beginning of year $274,347

• 8 · Inventories for sale or use

  beginning of year $124,428 · end of year $96,825

• 9 · Prepaid expenses and deferred charges

  beginning of year $181,189 · end of year $186,127

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

  $58,910,570

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

  $33,631,230

• 10c · Land, buildings and equipment, net

  beginning of year $38,603,507 · end of year $25,279,340

• 12 · Investments: other securities

  beginning of year $2,067,640 · end of year $1,923,622

• 15 · Other assets

  beginning of year $30,337,457 · end of year $34,987,542

• 17 · Accounts payable and accrued expenses

  beginning of year $4,623,998 · end of year $4,551,082

• 19 · Deferred revenue

  end of year $1,398,715

• 20 · Tax-exempt bond liabilities

  beginning of year $14,750,045 · end of year $14,398,826

• 23 · Secured mortgages and notes payable

  beginning of year $10,451,028 · end of year $10,092,194

• 25 · Other liabilities

  beginning of year $23,007,202 · end of year $27,436,517

• 27 · Net assets without donor restrictions

  beginning of year $26,891,030 · end of year $13,509,328

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE COMMITTEE OF THE OHI BOARD OF TRUSTEES UTILIZED LOCAL MARKET KNOWLEDGE, ANNUAL PERFORMANCE EVALUATIONS AND BENCHMARK DATA TO ESTABLISH COMPENSATION FOR THE CEO. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS ESTABLISHED BY THE CEO UNDER GUIDELINES ESTABLISHED BY OHI AND AFFILIATE BOARDS OF TRUSTEES AS PART OF THE BUDGET PROCESS.

PART I, LINE 7

THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL PERFORMANCE REVIEW TO DETERMINE THE COMPENSATION AND BENEFITS OF THE CEO. IN ADDITION TO NORMAL COMPENSATION AND BENEFITS, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MAY ALSO AWARD BONUS COMPENSATION TO THE CEO BASED UPON THE ANNUAL PERFORMANCE REVIEW. THE CEO CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE OTHER OFFICERS AND EMPLOYEES TO DETERMINE THEIR COMPENSATION AND BENEFITS. IN ADDITION TO NORMAL COMPENSATION AND BENEFITS, THE CEO, WITH THE APPROVAL OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, MAY ALSO AWARD BONUS COMPENSATION TO THE OTHER OFFICERS AND EMPLOYEES BASED UPON THEIR ANNUAL PERFORMANCE REVIEW.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• PURE HEALTHCARE LLC

  TO PROVIDE PALLIATIVE CARE PHYSICIANS & SUPPORT PERSONNEL · OH · income $5,954,081 · assets $8,970,309

  Directly controlled by THE HOSPICE OF DAYTON

• INNOVATIVE CARE SOLUTIONS LLC

  DURABLE MEDICAL EQUIPMENT AND TRANSPORTATION · OH · income $2,859,117 · assets $1,364,905

  Directly controlled by THE HOSPICE OF DAYTON

• THE COLLABORATIVE LABORATORY

  INVEST IN HEALTHCARE INNOVATIONS · OH · income $0 · assets $0

  Directly controlled by THE HOSPICE OF DAYTON

Related corporations and trusts

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

• NATIONAL HOSPICE COOPERATIVE

  C · BUSINESS SUPPORT · OH · controlled entity

• CENTRAL OHIO GERIATRICS

  S · PHYSICIAN OFFICE · OH · 100% owned · controlled entity

  Directly controlled by PURE HEALTHCARE LLC