Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $275,867

• 1e · Government grants (contributions)

  $1,164,823

• 2a · Program service revenue: Patient care services

  total $261,431,834 · related or exempt $256,686,571 · excluded $4,745,263

• 2b · Program service revenue: Leasing activities related to mis

  total $1,038,069 · related or exempt $1,038,069

• 2c · Program service revenue: Reference lab

  total $3,727 · unrelated business $3,727

• 3 · Investment income

  total $896,797 · excluded $896,797

• 7a · Gross sales of assets other than inventory

  other assets $24,995

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

  securities $80,858 · other assets $424

• 7c · Gain or loss

  securities -$80,858 · other assets $24,571

• 7d · Net gain or loss

  total -$56,287 · excluded -$56,287

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $12,985 · program services $12,985

• 5 · Compensation of officers, directors and key employees

  total $3,391,916 · program services $2,929,004 · management and general $462,912

• 7 · Other salaries and wages

  total $75,720,935 · program services $74,150,875 · management and general $1,570,060

• 8 · Pension plan contributions

  total $1,902,701 · program services $1,863,249 · management and general $39,452

• 9 · Other employee benefits

  total $12,287,741 · program services $12,032,957 · management and general $254,784

• 10 · Payroll taxes

  total $5,490,227 · program services $5,376,388 · management and general $113,839

• 11b · Fees: legal

  total $40,395 · program services $40,395

• 11c · Fees: accounting

  total $2,845 · management and general $2,845

• 11f · Fees: investment management

  total $30,381 · management and general $30,381

• 11g · Fees: other

  total $25,357,053 · program services $24,872,861 · management and general $484,192

• 13 · Office expenses

  total $2,372,952 · program services $2,353,139 · management and general $19,813

• 14 · Information technology

  total $433,662 · program services $371,536 · management and general $62,126

• 16 · Occupancy

  total $3,722,793 · program services $3,722,165 · management and general $628

• 17 · Travel

  total $89,560 · program services $74,566 · management and general $14,994

• 19 · Conferences, conventions and meetings

  total $80,873 · program services $79,999 · management and general $874

• 20 · Interest

  total $7,005,034 · program services $7,003,851 · management and general $1,183

• 22 · Depreciation, depletion and amortization

  total $17,039,025 · program services $17,036,148 · management and general $2,877

• 23 · Insurance

  total $679,380 · program services $367,958 · management and general $311,422

• 24a · Other expenses: Medical supplies

  total $41,736,319 · program services $41,208,149 · management and general $528,170

• 24b · Other expenses: Network services

  total $29,824,104 · program services $25,753,861 · management and general $4,070,243

• 24c · Other expenses: Physician services

  total $20,542,973 · program services $20,542,973

• 24d · Other expenses: Cost of goods sold

  total $2,970,542 · program services $2,970,542

• 24e · All other expenses

  total $9,572,762 · program services $8,822,075 · management and general $750,687

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $104,519 · end of year $51,184

• 4 · Accounts receivable

  beginning of year $29,660,729 · end of year $32,873,642

• 8 · Inventories for sale or use

  beginning of year $3,002,365 · end of year $3,457,310

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,214,502 · end of year $650

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

  $337,871,746

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

  $127,374,679

• 10c · Land, buildings and equipment, net

  beginning of year $223,904,468 · end of year $210,497,067

• 11 · Investments: publicly traded securities

  beginning of year $56,531,425 · end of year $41,649,131

• 15 · Other assets

  beginning of year $278,436 · end of year $1,799,302

• 17 · Accounts payable and accrued expenses

  beginning of year $19,487,061 · end of year $21,830,488

• 19 · Deferred revenue

  beginning of year $9,095,588 · end of year $9,143

• 20 · Tax-exempt bond liabilities

  beginning of year $248,070,909 · end of year $245,654,151

• 25 · Other liabilities

  beginning of year $7,961,296 · end of year $6,790,617

• 27 · Net assets without donor restrictions

  beginning of year $31,081,590 · end of year $16,043,887

The filer's explanations (Part III)

Part I, Line 3

Compensation is established by a related organization. The process of determining compensation of CEO's, executive directors, officers, and key employees is to have an independent board approve the compensation. The compensation is determined to be reasonable compared to independent comparability data. The approval of the amounts is documented in the Board minutes within the appropriate time frame.

Part I, Lines 4a-b

Walter Sackett received a severance payment of $168,487. Terry Burns received a severance payment of $144,238. Josefer Montes received a severance payment of $307,614. Kettering Health has a supplemental executive retirement plan available only to a certain class of management.

Part II, Col Biii

Column Biii includes compensation reported on the W-2 that may or may not have gone through the current year Statement of Operations and Changes in Net Assets.

Related corporations and trusts

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

• Kettcor

  C · Health Services · OH