Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,817,364

• 2a · Program service revenue: PATIENT SERVICES

  total $101,976,878 · related or exempt $101,976,878

• 2b · Program service revenue: PHARMACY

  total $14,229,175 · related or exempt $14,229,175

• 2c · Program service revenue: OB/GYN CLINIC

  total $1,924,627 · related or exempt $1,924,627

• 2d · Program service revenue: PEDIATRICS CLINIC

  total $1,833,944 · related or exempt $1,833,944

• 2e · Program service revenue: ANESTHESIA

  total $1,222,440 · related or exempt $1,222,440

• 2f · All other program service revenue

  total $11,441,812 · related or exempt $11,441,812

• 3 · Investment income

  total $1,463,940 · excluded $1,463,940

• 7a · Gross sales of assets other than inventory

  securities $37,719,235

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

  securities $34,906,817 · other assets $133,916

• 7c · Gain or loss

  securities $2,812,418 · other assets -$133,916

• 7d · Net gain or loss

  total $2,678,502 · excluded $2,678,502

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,325,347 · program services $1,968,656 · management and general $356,691

• 7 · Other salaries and wages

  total $62,845,939 · program services $52,878,741 · management and general $9,967,198

• 8 · Pension plan contributions

  total $3,086,748 · program services $2,569,774 · management and general $516,974

• 9 · Other employee benefits

  total $11,640,972 · program services $10,317,797 · management and general $1,323,175

• 10 · Payroll taxes

  total $3,379,278 · program services $2,769,038 · management and general $610,240

• 11b · Fees: legal

  total $208,999 · management and general $208,999

• 11c · Fees: accounting

  total $199,000 · management and general $199,000

• 11d · Fees: lobbying

  total $10,744 · management and general $10,744

• 11g · Fees: other

  total $13,590,621 · program services $12,041,990 · management and general $1,548,631

• 12 · Advertising and promotion

  total $117,705 · program services $104,210 · management and general $13,495

• 13 · Office expenses

  total $1,069,026 · program services $615,433 · management and general $453,593

• 16 · Occupancy

  total $1,612,272 · program services $1,375,275 · management and general $236,997

• 17 · Travel

  total $174,314 · program services $154,329 · management and general $19,985

• 20 · Interest

  total $539,515 · program services $539,515

• 22 · Depreciation, depletion and amortization

  total $6,284,102 · program services $4,684,355 · management and general $1,599,747

• 23 · Insurance

  total $2,353,226 · program services $2,083,432 · management and general $269,794

• 24a · Other expenses: MEDICAL SUPPLIES

  total $16,722,628 · program services $14,831,871 · management and general $1,890,757

• 24b · Other expenses: BAD DEBT EXPENSE

  total $5,869,167 · program services $5,869,167

• 24c · Other expenses: OHIO HOSPITAL FRANCHISE

  total $2,340,635 · program services $2,340,635

• 24d · Other expenses: HCAP FUNDING EXP

  total $500,758 · program services $500,758

• 24e · All other expenses

  total $321,895 · program services $212,773 · management and general $109,122

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,610 · end of year $4,960

• 2 · Savings and temporary cash investments

  beginning of year $10,364,922 · end of year $11,485,789

• 4 · Accounts receivable

  beginning of year $13,944,410 · end of year $14,690,509

• 8 · Inventories for sale or use

  beginning of year $1,111,575 · end of year $920,988

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,003,079 · end of year $9,189,463

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

  $126,352,032

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

  $67,482,596

• 10c · Land, buildings and equipment, net

  beginning of year $63,678,113 · end of year $58,869,436

• 11 · Investments: publicly traded securities

  beginning of year $54,509,453 · end of year $63,063,087

• 14 · Intangible assets

  end of year $4,000,000

• 15 · Other assets

  beginning of year $194,181 · end of year $283,704

• 17 · Accounts payable and accrued expenses

  beginning of year $15,320,824 · end of year $13,120,346

• 20 · Tax-exempt bond liabilities

  beginning of year $13,753,152 · end of year $12,649,123

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $2,666,667

• 25 · Other liabilities

  beginning of year $9,681,100 · end of year $10,369,187

• 27 · Net assets without donor restrictions

  beginning of year $115,055,267 · end of year $123,702,613

The filer's explanations (Part III)

PART I, LINE 3

THE RELATED ORGANIZATION, MARY RUTAN HEALTH ASSOCIATION, DETERMINES EXECUTIVE COMPENSATION BASED ON USE OF A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE.

PART I, LINE 7

ADDITIONAL NON-FIXED PAYMENTS TO PHYSICIANS ARE AWARDED BY THE COMPENSATION COMMITTEE BASED UPON RELATIVE VALUE UNITS (RVU), ANY EXTRA CALL TIME TAKEN AND OVERALL QUALITY STANDARDS/MERIT. ADDITIONAL NON-FIXED PAYMENTS TO EXECUTIVES AND OTHER STAFF MEMBERS ARE AWARDED BY THE COMPENSATION COMMITTEE BASED UPON MERIT AND INDIVIDUAL DEPARTMENT GOALS COMPARED TO THE OVERALL GOALS OF THE HOSPITAL.

Related corporations and trusts

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

• LOGAN VIEW LLC

  C · HOME MEDICAL EQUIPMENT · OH · controlled entity