Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $274,634

• 1e · Government grants (contributions)

  $1,722,802

• 1f · All other contributions, gifts and grants

  $208,658

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $108,834,419 · related or exempt $108,834,419

• 3 · Investment income

  total $1,857,923 · excluded $1,857,923

• 6a · Gross rents

  real property $210,193

• 6b · Less rental expenses

  real property $17,788

• 6c · Rental income or loss

  real property $192,405

• 6d · Net rental income or loss

  total $192,405 · excluded $192,405

• 7a · Gross sales of assets other than inventory

  securities $16,546,013

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

  securities $14,399,000

• 7c · Gain or loss

  securities $2,147,013

• 7d · Net gain or loss

  total $2,147,013 · excluded $2,147,013

• 11a · Other revenue: OTHER OPERATING REVENUE

  total $12,159,079 · related or exempt $12,159,079

• 11b · Other revenue: PHARMACY REVENUE

  total $2,256,181 · related or exempt $2,193,434 · unrelated business $62,747

• 11e · Other revenue, total

  $14,415,260

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,432 · program services $8,432

• 5 · Compensation of officers, directors and key employees

  total $3,067,732 · program services $2,104,698 · management and general $963,034

• 6 · Compensation of disqualified persons

  total $215,837 · program services $215,837

• 7 · Other salaries and wages

  total $53,174,673 · program services $47,554,276 · management and general $5,620,397

• 8 · Pension plan contributions

  total $2,573,501 · program services $2,211,149 · management and general $362,352

• 9 · Other employee benefits

  total $6,406,643 · program services $5,486,648 · management and general $919,995

• 10 · Payroll taxes

  total $3,477,981 · program services $3,009,917 · management and general $468,064

• 11b · Fees: legal

  total $92,137 · program services $3,853 · management and general $88,284

• 11c · Fees: accounting

  total $127,635 · program services $7,800 · management and general $119,835

• 11d · Fees: lobbying

  total $8,191 · management and general $8,191

• 11f · Fees: investment management

  total $148,145 · management and general $148,145

• 11g · Fees: other

  total $13,004,432 · program services $11,276,263 · management and general $1,728,169

• 12 · Advertising and promotion

  total $192,831 · program services $12,844 · management and general $179,987

• 13 · Office expenses

  total $10,490,772 · program services $8,726,733 · management and general $1,764,039

• 14 · Information technology

  total $1,305,198 · program services $288,905 · management and general $1,016,293

• 16 · Occupancy

  total $1,475,526 · program services $1,376,195 · management and general $99,331

• 17 · Travel

  total $210,909 · program services $203,277 · management and general $7,632

• 19 · Conferences, conventions and meetings

  total $431,713 · program services $308,522 · management and general $123,191

• 20 · Interest

  total $1,120,793 · program services $1,120,793

• 22 · Depreciation, depletion and amortization

  total $6,830,633 · program services $3,232,867 · management and general $3,597,766

• 23 · Insurance

  total $774,755 · program services $437,095 · management and general $337,660

• 24a · Other expenses: MEDICAL SUPPLIES

  total $21,864,562 · program services $21,864,562

• 24b · Other expenses: FOOD

  total $400,618 · program services $2,145 · management and general $398,473

• 24c · Other expenses: DUES AND MEMBERSHIPS

  total $149,119 · program services $108,269 · management and general $40,850

• 24d · Other expenses: EQUIPMENT PARTS AND REP

  total $23,806 · program services $23,806

• 24e · All other expenses

  total $27,640 · program services $17,890 · management and general $9,750

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $25,372,523 · end of year $15,262,241

• 4 · Accounts receivable

  beginning of year $14,953,740 · end of year $14,173,155

• 8 · Inventories for sale or use

  beginning of year $1,666,790 · end of year $1,830,908

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,208,345 · end of year $1,851,250

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

  $140,124,098

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

  $91,435,225

• 10c · Land, buildings and equipment, net

  beginning of year $51,025,333 · end of year $48,688,873

• 11 · Investments: publicly traded securities

  beginning of year $90,389,025 · end of year $73,752,995

• 15 · Other assets

  beginning of year $574,920 · end of year $2,512,230

• 17 · Accounts payable and accrued expenses

  beginning of year $12,746,548 · end of year $13,537,833

• 20 · Tax-exempt bond liabilities

  beginning of year $32,106,847 · end of year $19,871,185

• 23 · Secured mortgages and notes payable

  beginning of year $1,586,028 · end of year $2,819,143

• 25 · Other liabilities

  beginning of year $7,549,720 · end of year $5,949,756

• 27 · Net assets without donor restrictions

  beginning of year $131,194,033 · end of year $115,886,235

• 28 · Net assets with donor restrictions

  beginning of year $7,500 · end of year $7,500

The filer's explanations (Part III)

PART I, LINE 4B

THE FOLLOWING INDIVIDUAL PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN 2022 SPONSORED BY PELLA REGIONAL HEALTH CENTER (PRHC): ROBERT KROESE. IN JANUARY 2023, THE CURRENT YEAR CONTRIBUTION OF $40,000 WAS MADE BY PRHC ON BEHALF OF THE INDIVIDUAL TO THE PLAN.