Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $471,109

• 2a · Program service revenue: NET PATIENT SVC REV

  total $23,870,673 · related or exempt $23,870,673

• 11a · Other revenue: FOOD & NUTRITION

  total $90,872 · excluded $90,872

• 11b · Other revenue: AUX INCOME

  total $2,926 · excluded $2,926

• 11e · Other revenue, total

  $93,798

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $292,633 · program services $236,892 · management and general $55,741

• 7 · Other salaries and wages

  total $9,566,991 · program services $7,744,666 · management and general $1,822,325

• 9 · Other employee benefits

  total $1,947,556 · program services $1,574,896 · management and general $372,660

• 10 · Payroll taxes

  total $646,021 · program services $522,407 · management and general $123,614

• 11g · Fees: other

  total $3,248,763 · program services $1,411,445 · management and general $1,837,318

• 16 · Occupancy

  total $218,823 · program services $173,756 · management and general $45,067

• 17 · Travel

  total $30,851 · program services $16,059 · management and general $14,792

• 20 · Interest

  total $2,543 · program services $1,324 · management and general $1,219

• 22 · Depreciation, depletion and amortization

  total $711,736 · program services $519,001 · management and general $192,735

• 23 · Insurance

  total $89,947 · program services $73,223 · management and general $16,724

• 24a · Other expenses: OVERHEAD ALLOCATION

  total $3,416,851 · program services $3,219,747 · management and general $197,104

• 24b · Other expenses: BAD DEBT EXPENSE

  total $1,989,365 · program services $1,989,365

• 24c · Other expenses: MEDICAL SUPPLIES

  total $1,888,692 · program services $1,779,741 · management and general $108,951

• 24d · Other expenses: HCAP ASSESSMENT

  total $728,529 · program services $728,529

• 24e · All other expenses

  total $696,703 · program services $647,140 · management and general $49,563

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $959,820 · end of year $1,059,158

• 4 · Accounts receivable

  beginning of year $3,327,470 · end of year $3,964,007

• 8 · Inventories for sale or use

  beginning of year $419,209 · end of year $2,529

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

  $17,709,120

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

  $8,784,245

• 10c · Land, buildings and equipment, net

  beginning of year $5,558,358 · end of year $8,924,875

• 11 · Investments: publicly traded securities

  beginning of year $1,907,859 · end of year $1,647,122

• 12 · Investments: other securities

  end of year $5

• 17 · Accounts payable and accrued expenses

  beginning of year $655,640 · end of year $1,267,539

• 19 · Deferred revenue

  beginning of year $1,112,322

• 25 · Other liabilities

  beginning of year $652,850 · end of year $2,096,174

• 27 · Net assets without donor restrictions

  beginning of year $7,897,909 · end of year $10,573,460

• 28 · Net assets with donor restrictions

  beginning of year $1,853,995 · end of year $1,660,523

The filer's explanations (Part III)

PART I, LINE 3

EXECUTIVE LEADERSHIP AT ADENA GREENFIELD MEDICAL CENTER HAS THEIR COMPENSATION REVIEWED ANNUALLY BY ADENA HEALTH SYSTEM, THE SOLE MEMBER OF THE FILING ENTITY. THE SYSTEM UTILIZES A SEPARATE COMPENSATION CONSULTING FIRM THAT USES SEVERAL AVAILABLE MARKET STUDIES FOR APPLICABLE POSITIONS IN COMPARABLE MARKETS. OTHER ADENA GREENFIELD MEDICAL CENTER MANAGEMENT WAGES ARE REVIEWED INTERNALLY USING MARKET DATA.

PART I, LINE 4B

THE ORGANIZATION HAS A 457(F) SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). THE FOLLOWING INDIVIDUALS PARTICIPATED IN OR RECEIVED PAYMENT FROM THE SERP IN 2022: LISA CARLSON $259,980 SERP ACCRUAL JAMES MCMANUS $32,295 SERP ACCRUAL THE SERP ACCRUALS, INCLUDED IN PART II, COLUMN (C), ARE AMOUNTS CREDITED TO THE EXECUTIVE UNDER THE SECTION 457(F) DEFERRED COMPENSATION PLAN.

PART I, LINE 7

MANAGEMENT OF ADENA HEALTH SYSTEM HAVE A PORTION OF THEIR ANNUAL SALARY AT RISK UNDER A VARIABLE COMPENSATION PLAN. IF THE OPERATING RESULTS OF AHS MEET A MARGIN TARGET IN ANY FISCAL YEAR, ADDITIONAL COMPENSATION IS PAID THAT IS CALCULATED USING THE OPERATING MARGIN ALONG WITH RESULTS IN EMPLOYEE ENGAGEMENT, PATIENT QUALITY, AND SATISFACTION USING A BALANCED SCORECARD FORMULA.

Related corporations and trusts

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

• ADENA CARE

  C · SEE SCHEDULE R, PART VII · OH · controlled entity