Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $0

• 1b · Membership dues

  $0

• 1c · Fundraising events

  $0

• 1d · Related organizations

  $0

• 1e · Government grants (contributions)

  $0

• 1f · All other contributions, gifts and grants

  $0

• 1g · Noncash contributions included above

  $0

• 2a · Program service revenue: BR ENTERPRISES PROGRAM REVENUE

  total $5,239,979 · related or exempt $5,239,979 · unrelated business $0 · excluded $0

• 2b · Program service revenue: BRHS HOMETOWN CLINICS PROGRAM REVENUE

  total $4,465,741 · related or exempt $4,465,741 · unrelated business $0 · excluded $0

• 2c · Program service revenue: BAXTER PHYSICIAN PARTNERS PROGRAM REVENUE

  total $2,049,288 · related or exempt $2,049,288 · unrelated business $0 · excluded $0

• 2d · Program service revenue: MEDICAL OFFICE BUILIDNG RENTAL

  total $1,074,991 · related or exempt $1,074,991 · unrelated business $0 · excluded $0

• 2e · Program service revenue: ACO PAYMENTS

  total $373,858 · related or exempt $373,858 · unrelated business $0 · excluded $0

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $11,522 · related or exempt $0 · unrelated business $0 · excluded $11,522

• 4 · Income from investment of tax-exempt bond proceeds

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 5 · Royalties

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 6a · Gross rents

  real property $0 · personal property $0

• 6b · Less rental expenses

  real property $0 · personal property $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 7a · Gross sales of assets other than inventory

  securities $0 · other assets $0

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

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 7d · Net gain or loss

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 8a · Fundraising events: gross income

  $0

• 8a · Fundraising events: contributions included on line 1c

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0 · unrelated business $0 · excluded $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $0 · program services $0

• 2 · Grants to domestic individuals

  total $0 · program services $0

• 3 · Grants to foreign organizations and individuals

  total $0 · program services $0

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $0 · program services $0 · management and general $0 · fundraising $0

• 6 · Compensation of disqualified persons

  total $0 · program services $0 · management and general $0 · fundraising $0

• 7 · Other salaries and wages

  total $11,972,340 · program services $11,202,920 · management and general $769,420 · fundraising $0

• 8 · Pension plan contributions

  total $0 · program services $0 · management and general $0 · fundraising $0

• 9 · Other employee benefits

  total $3,303,340 · program services $3,091,046 · management and general $212,294 · fundraising $0

• 10 · Payroll taxes

  total $29,422 · program services $27,531 · management and general $1,891 · fundraising $0

• 11a · Fees: management

  total $0 · program services $0 · management and general $0 · fundraising $0

• 11b · Fees: legal

  total $0 · program services $0 · management and general $0 · fundraising $0

• 11c · Fees: accounting

  total $0 · program services $0 · management and general $0 · fundraising $0

• 11d · Fees: lobbying

  total $0 · program services $0 · management and general $0 · fundraising $0

• 11e · Fees: professional fundraising services

  total $0 · fundraising $0

• 11f · Fees: investment management

  total $0 · program services $0 · management and general $0 · fundraising $0

• 11g · Fees: other

  total $1,750,061 · program services $1,637,591 · management and general $112,470 · fundraising $0

• 12 · Advertising and promotion

  total $14,925 · program services $13,966 · management and general $959 · fundraising $0

• 13 · Office expenses

  total $152,861 · program services $143,037 · management and general $9,824 · fundraising $0

• 14 · Information technology

  total $0 · program services $0 · management and general $0 · fundraising $0

• 15 · Royalties

  total $0 · program services $0 · management and general $0 · fundraising $0

• 16 · Occupancy

  total $1,289,756 · program services $1,206,868 · management and general $82,888 · fundraising $0

• 17 · Travel

  total $36,140 · program services $33,817 · management and general $2,323 · fundraising $0

• 18 · Travel or entertainment for public officials

  total $0 · program services $0 · management and general $0 · fundraising $0

• 19 · Conferences, conventions and meetings

  total $0 · program services $0 · management and general $0 · fundraising $0

• 20 · Interest

  total $303,920 · program services $284,388 · management and general $19,532 · fundraising $0

• 21 · Payments to affiliates

  total $0 · program services $0 · management and general $0 · fundraising $0

• 22 · Depreciation, depletion and amortization

  total $611,398 · program services $572,106 · management and general $39,292 · fundraising $0

• 23 · Insurance

  total $100,106 · program services $93,673 · management and general $6,433 · fundraising $0

• 24a · Other expenses: SUPPLIES

  total $417,908 · program services $391,051 · management and general $26,857 · fundraising $0

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $210,355 · program services $196,836 · management and general $13,519 · fundraising $0

• 24c · Other expenses: MISCELLANEOUS

  total $103,292 · program services $96,653 · management and general $6,639 · fundraising $0

• 24d · Other expenses: PROVIDER ASSESSMENT FEE

  total $33,950 · program services $31,768 · management and general $2,182 · fundraising $0

• 24e · All other expenses

  total $15,244 · program services $14,265 · management and general $979 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $857,604 · end of year $801,717

• 2 · Savings and temporary cash investments

  beginning of year $55,053 · end of year $68,676

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $947,077 · end of year $1,039,066

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $416,176 · end of year $416,176

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $0

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

  $13,882,159

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

  $2,505,660

• 10c · Land, buildings and equipment, net

  beginning of year $11,613,524 · end of year $11,376,499

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $229,522 · end of year $226,001

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $11,311 · end of year $336,454

• 17 · Accounts payable and accrued expenses

  beginning of year $144,006 · end of year $217,926

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $181,000 · end of year $181,000

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $8,697,019 · end of year $8,406,204

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $2,836,989 · end of year $3,056,926

• 27 · Net assets without donor restrictions

  beginning of year $2,271,253 · end of year $2,402,533

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

BAXTER COUNTY REGIONAL HOSPITAL, INC., A RELATED ORGANIZATION, USES A COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, INDEPENDENT CONSULTANT, COMPENSATION SURVEY OR STUDY, FORM 990S OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Disregarded entities

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

• BRMC HOMETOWN CLINICS INC

  CLINIC · AR · income $4,819,264 · assets $1,599,604

  Directly controlled by BRHS

• BAXTER PHYSICIAN PARTNERS LLC

  ACO · AR · income $2,069,700 · assets $329,208

  Directly controlled by BRHS

• BRMC ANESTHESIA SERVICES LLC

  ANESTHESIA · AR · income $0 · assets $0

  Directly controlled by BRHS

• BAXTER REGIONAL ENTERPRISES LLC

  CLINIC · AR · income $5,268,363 · assets $546,564

  Directly controlled by BRHS

Related partnerships

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

• BRMC PAIN CENTER

  Related · CLINIC RENTAL R/E · AR · 51% owned · share of income $45,467 · share of assets $1,226,887 · general or managing partner

  Directly controlled by BRHS

• BRMC CANCER DIAGNOSTIC CENTER

  Related · CLINIC RENTAL R/E · AR · 51% owned · share of income $46,388 · share of assets $679,457

  Directly controlled by BRHS

• BAXTER REG OTPT SURGERY CENTER

  Related · SURGERY CENTER · AR · 51% owned · share of income $59,828 · share of assets $4,751,321

  Directly controlled by BRHS

• BAXTER REG OTPT SURGERY MGMT

  Related · SURGERY MANAGEMENT · AR · 51% owned · share of income $261,769 · share of assets $288,458

  Directly controlled by BRHS

• COAL DUST ENTERPRISES LLC

  Related · CLINIC RENTAL R/E · AR · 51% owned · share of income $13,584 · share of assets $540,332 · general or managing partner

  Directly controlled by BRHS