Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $183,231

• 1e · Government grants (contributions)

  $18,182

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $18,829,283 · related or exempt $18,829,283

• 3 · Investment income

  total $3,754,748 · excluded $3,754,748

• 6a · Gross rents

  real property $2,706

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $2,706

• 6d · Net rental income or loss

  total $2,706 · excluded $2,706

• 7a · Gross sales of assets other than inventory

  securities $1,623,132

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

  securities $0

• 7c · Gain or loss

  securities $1,623,132

• 7d · Net gain or loss

  total $1,623,132 · excluded $1,623,132

• 11a · Other revenue: ONCOLOGY REVENUE

  total $399,996 · related or exempt $399,996

• 11b · Other revenue: CMS CARE MANAGEMENT FEE

  total $354,103 · related or exempt $354,103

• 11c · Other revenue: OTHER REVENUE

  total $105,123 · related or exempt $105,123

• 11d · All other revenue

  total $24,404 · related or exempt $24,404

• 11e · Other revenue, total

  $883,626

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $5,416,207 · program services $5,416,207

• 7 · Other salaries and wages

  total $7,551,632 · program services $5,749,102 · management and general $1,802,530

• 8 · Pension plan contributions

  total $435,936 · program services $375,341 · management and general $60,595

• 9 · Other employee benefits

  total $754,614 · program services $649,723 · management and general $104,891

• 10 · Payroll taxes

  total $733,977 · program services $631,954 · management and general $102,023

• 11f · Fees: investment management

  total $293,535 · management and general $293,535

• 11g · Fees: other

  total $910,051 · program services $783,554 · management and general $126,497

• 12 · Advertising and promotion

  total $85,770 · program services $73,848 · management and general $11,922

• 13 · Office expenses

  total $548,884 · program services $472,589 · management and general $76,295

• 16 · Occupancy

  total $1,285,203 · program services $1,106,560 · management and general $178,643

• 17 · Travel

  total $3,489 · program services $3,004 · management and general $485

• 19 · Conferences, conventions and meetings

  total $78,406 · program services $67,508 · management and general $10,898

• 22 · Depreciation, depletion and amortization

  total $139,278 · program services $119,918 · management and general $19,360

• 23 · Insurance

  total $510,082 · program services $439,181 · management and general $70,901

• 24a · Other expenses: MEDICAL SUPPLIES

  total $7,575,659 · program services $7,575,659

• 24b · Other expenses: EHR FEE

  total $217,982 · program services $187,683 · management and general $30,299

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $59,100 · program services $50,885 · management and general $8,215

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,667,487 · end of year $3,592,936

• 2 · Savings and temporary cash investments

  beginning of year $4,983,902 · end of year $6,048,143

• 4 · Accounts receivable

  beginning of year $980,071 · end of year $1,406,136

• 8 · Inventories for sale or use

  beginning of year $218,753 · end of year $165,691

• 9 · Prepaid expenses and deferred charges

  beginning of year $327,527 · end of year $348,102

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

  $3,570,725

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

  $2,858,885

• 10c · Land, buildings and equipment, net

  beginning of year $400,761 · end of year $711,840

• 11 · Investments: publicly traded securities

  beginning of year $92,046,983 · end of year $93,581,134

• 12 · Investments: other securities

  beginning of year $10,087,354 · end of year $10,883,750

• 13 · Investments: program-related

  beginning of year $3,927,598 · end of year $5,205,381

• 14 · Intangible assets

  beginning of year $65,000 · end of year $65,000

• 15 · Other assets

  beginning of year $3,098,282 · end of year $2,673,953

• 17 · Accounts payable and accrued expenses

  beginning of year $4,606,221 · end of year $3,768,268

• 27 · Net assets without donor restrictions

  beginning of year $116,197,497 · end of year $120,913,798

The filer's explanations (Part III)

PART I, LINE 3

CALVERTHEALTH MEDICAL CENTER COMPENSATES THE EXECUTIVES OF THE ORGANIZATION. THE ORGANIZATION RELIES ON CALVERTHEALTH MEDICAL CENTER TO UTILIZE THE FOLLOWING METHODS IN ESTABLISHING COMPENSATION: -CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION-MAKING PROCESS -FORM 990 OF OTHER ORGANIZATIONS -WRITTEN EMPLOYMENT CONTRACT -INDEPENDENT COMPENSATION CONSULTANT -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4B

THE FOLLOWING EMPLOYEE(S) CONTRIBUTED TO (EMPLOYEE AND EMPLOYER PORTION) A RELATED ORGANIZATION'S 457(F) DEFERRED COMPENSATION PLAN: DEAN TEAGUE: $145,226 ANTHONY BLADEN: $37,650 MELISSA HALL: $2,510 CAROLYN HEITHAUS: $53,361 THERESA JOHNSON: $10,335 THEODORE TSANGARIS, M.D. $12,627 PETER GLOGGNER: $13,634

Disregarded entities

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

• CALVERTHEALTH MEDICAL GROUP LLC

  HEALTHCARE · MD · income $27,724,289 · assets $6,800,940

  Directly controlled by CHS

Related partnerships

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

• CORELIFE CALVERT PARTNERSHIP LLC

  RELATED · HEALTHCARE · MD · 50% owned · share of income -$107,005 · share of assets $146,179

Related corporations and trusts

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

• CALVERT HEALTH VENTURES INC

  C · INVESTMENTS · MD · 100% owned · share of income $526,584 · share of assets $4,235,203 · controlled entity

  Directly controlled by CHS

• CALVERT COMMUNITY HEALTH INC

  C · HEALTHCARE · MD · 100% owned · controlled entity

  Directly controlled by CHMC