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Nonprofiteer
← COMMUNITY HEALTH NETWORK INC

Form 990 for tax year 2024

Filed by COMMUNITY HEALTH NETWORK INC.

Totals

Total revenue
$2,322,217,395
Total expenses
$1,943,649,051
Contributions and grants received
$19,070,866
Grants paid
$5,877,118
Program service revenue
$2,159,037,061
Investment income
$76,255,279
Other revenue
$67,854,189
Total assets, end of year
$3,034,870,858
Total liabilities, end of year
$2,703,668,677
Net assets or fund balances, end of year
$331,202,181
Program services expenses (Part IX)
$1,236,336,252
Management and general expenses
$707,312,799
Fundraising expenses
$0
Program service expenses (Part III)
$1,236,336,252

Program services were 63.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $6,167,071

  • 1e · Government grants (contributions)

    $12,903,795

  • 2a · Program service revenue: PATIENT SERVICES

    total $1,938,476,218 · related or exempt $1,938,476,218

  • 2b · Program service revenue: PRESCRIPTION REVENUE

    total $190,386,130 · related or exempt $190,386,130

  • 2c · Program service revenue: RENT

    total $30,174,713 · related or exempt $30,174,713

  • 3 · Investment income

    total $33,578,059 · unrelated business $9,350,705 · excluded $24,227,354

  • 7a · Gross sales of assets other than inventory

    securities $318,648,998

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

    securities $275,745,882 · other assets $225,896

  • 7c · Gain or loss

    securities $42,903,116 · other assets -$225,896

  • 7d · Net gain or loss

    total $42,677,220 · excluded $42,677,220

  • 11a · Other revenue: EQUITY INVESTMENT INCOME

    total $44,002,220 · related or exempt $44,002,220

  • 11b · Other revenue: CAFETERIA

    total $5,845,480 · excluded $5,845,480

  • 11c · Other revenue: CLINICAL RESEARCH

    total $5,244,806 · related or exempt $5,244,806

  • 11d · All other revenue

    total $12,761,683 · related or exempt $11,296,876 · unrelated business $1,464,807

  • 11e · Other revenue, total

    $67,854,189

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,877,118 · program services $5,877,118

  • 5 · Compensation of officers, directors and key employees

    total $19,069,269 · program services $529,099 · management and general $18,540,170

  • 7 · Other salaries and wages

    total $556,847,518 · program services $326,485,570 · management and general $230,361,948

  • 8 · Pension plan contributions

    total $24,410,013 · program services $12,325,968 · management and general $12,084,045

  • 9 · Other employee benefits

    total $58,283,639 · program services $34,058,212 · management and general $24,225,427

  • 10 · Payroll taxes

    total $47,098,806 · program services $27,498,821 · management and general $19,599,985

  • 11b · Fees: legal

    total $17,523,251 · management and general $17,523,251

  • 11c · Fees: accounting

    total $3,119,193 · management and general $3,119,193

  • 11d · Fees: lobbying

    total $561,935 · management and general $561,935

  • 11f · Fees: investment management

    total $1,287,611 · management and general $1,287,611

  • 11g · Fees: other

    total $137,850,450 · program services $85,429,560 · management and general $52,420,890

  • 12 · Advertising and promotion

    total $10,252,249 · program services $6,348,081 · management and general $3,904,168

  • 13 · Office expenses

    total $159,419,122 · program services $130,575,401 · management and general $28,843,721

  • 14 · Information technology

    total $80,200,178 · program services $10,450,869 · management and general $69,749,309

  • 16 · Occupancy

    total $24,332,462 · program services $13,814,631 · management and general $10,517,831

  • 17 · Travel

    total $1,590,185 · program services $540,930 · management and general $1,049,255

  • 19 · Conferences, conventions and meetings

    total $480,918 · program services $98,872 · management and general $382,046

  • 20 · Interest

    total $32,935,288 · program services $21,499,623 · management and general $11,435,665

  • 22 · Depreciation, depletion and amortization

    total $63,042,500 · program services $33,304,934 · management and general $29,737,566

  • 23 · Insurance

    total $17,867,934 · program services $201,559 · management and general $17,666,375

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $437,484,835 · program services $437,484,835

  • 24b · Other expenses: SETTLEMENT/FINES

    total $145,666,105 · management and general $145,666,105

  • 24c · Other expenses: HAF PROGRAM FEES

    total $89,371,192 · program services $89,371,192

  • 24d · Other expenses: UNRELATED BUSIN INC TAX

    total $191,130 · management and general $191,130

  • 24e · All other expenses

    total $8,886,150 · program services $440,977 · management and general $8,445,173

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $193,396,174 · end of year $130,604,285

  • 2 · Savings and temporary cash investments

    beginning of year $88,244 · end of year $0

  • 4 · Accounts receivable

    beginning of year $252,542,344 · end of year $270,210,609

  • 7 · Other notes and loans receivable

    beginning of year $281,536 · end of year $188,351

  • 8 · Inventories for sale or use

    beginning of year $34,525,931 · end of year $36,543,156

  • 9 · Prepaid expenses and deferred charges

    beginning of year $37,832,140 · end of year $37,204,120

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

    $1,676,663,210

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

    $1,027,067,616

  • 10c · Land, buildings and equipment, net

    beginning of year $635,703,192 · end of year $649,595,594

  • 11 · Investments: publicly traded securities

    beginning of year $1,311,067,918 · end of year $1,497,622,443

  • 13 · Investments: program-related

    beginning of year $183,282,933 · end of year $197,339,202

  • 14 · Intangible assets

    beginning of year $23,578,385 · end of year $18,174,940

  • 15 · Other assets

    beginning of year $263,918,382 · end of year $197,388,158

  • 17 · Accounts payable and accrued expenses

    beginning of year $280,924,354 · end of year $345,147,100

  • 19 · Deferred revenue

    beginning of year $327,962 · end of year $134,709

  • 20 · Tax-exempt bond liabilities

    beginning of year $122,366,321 · end of year $217,135,321

  • 25 · Other liabilities

    beginning of year $2,123,598,362 · end of year $2,141,251,547

  • 27 · Net assets without donor restrictions

    beginning of year $409,000,180 · end of year $331,202,181

Mission and programs · 2024

Mission

SEE SCHEDULE O

  • COMMUNITY HEALTH NETWORK, INC. OPERATES THREE ACUTE CARE FULL SERVICE HOSPITALS IN INDIANAPOLIS, INDIANA WITH 764 STAFFED BEDS. IN 2024, THE HOSPITALS SERVED 40,249 INPATIENTS FOR A TOTAL OF 203,970 INPATIENT DAYS OF SERVICE. THE HOSPITALS ALSO PROVIDED 1,261,023 OUTPATIENT VISITS, WHICH INCLUDED 163,089 EMERGENCY VISITS AND 462,256 MENTAL HEALTH VISITS. THE HOSPITALS OFFER MANY PATIENT FOCUSED HEALTHCARE SERVICES THAT INCLUDE WOMEN AND CHILDREN SERVICES, PEDIATRICS, ONCOLOGY, MENTAL HEALTH SERVICES, NEUROSCIENCES, ORTHOPEDICS, JOINT REPLACEMENT, BREAST CARE SERVICES, SURGERY SERVICES, REHABILITATION SERVICES, HEALTH PROMOTION SERVICES, EMERGENCY SERVICES, AND TRAINING AND EDUCATION FOR HEALTH CARE PROFESSIONALS.

    Expenses $1,082,136,144 · Grants $5,877,118 · Revenue $2,214,848,722

  • COMMUNITY HEALTH NETWORK, INC. PROVIDES SHARED SERVICES TO THE RELATED ORGANIZATIONS COLLECTIVELY REFERRED TO AS THE COMMUNITY HEALTH NETWORK. THESE SERVICES INCLUDE FINANCE AND ACCOUNTING, MATERIALS MANAGEMENT, PATIENT ACCOUNTING, TRANSCRIPTION SERVICES, MEDICAL RECORDS, LEGAL, HUMAN RESOURCES, INFORMATION TECHNOLOGY, AND BUSINESS DEVELOPMENT.

    Expenses $154,200,108 · Revenue $4,732,241

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • BRYAN A MILLS

    DIRECTOR/PRESIDENT & CEO

    Total calculated
    $3,879,760
    From this org
    $2,568,489
    From related orgs
    $0
    Other
    $1,311,271
    Hours/week
    45 + 15 related

    Schedule J breakdown matched by us

    Base
    $1,425,086
    Bonus
    $1,118,399
    Other
    $25,004
    Deferred
    $1,285,040
    Nontaxable benefits
    $26,231
    Filer's total
    $3,879,760

  • RAMARAO YELETI MD

    EVP CHIEF PHYSICIAN EXECUTIVE

    Total calculated
    $2,645,497
    From this org
    $2,004,751
    From related orgs
    $0
    Other
    $640,746
    Hours/week
    59 + 1 related

    Schedule J breakdown matched by us

    Base
    $830,227
    Bonus
    $1,046,644
    Other
    $127,880
    Deferred
    $606,625
    Nontaxable benefits
    $34,121
    Filer's total
    $2,645,497

  • JASON FAHRLANDER

    EVP COO

    Total calculated
    $1,869,312
    From this org
    $1,304,617
    From related orgs
    $0
    Other
    $564,695
    Hours/week
    44 + 11 related

    Schedule J breakdown matched by us

    Base
    $765,404
    Bonus
    $508,209
    Other
    $31,004
    Deferred
    $530,558
    Nontaxable benefits
    $34,137
    Filer's total
    $1,869,312

  • KYLE FISHER

    EVP CFO

    Total calculated
    $1,650,836
    From this org
    $1,160,346
    From related orgs
    $0
    Other
    $490,490
    Hours/week
    53 + 2 related

    Schedule J breakdown matched by us

    Base
    $702,843
    Bonus
    $449,498
    Other
    $8,005
    Deferred
    $469,305
    Nontaxable benefits
    $21,185
    Filer's total
    $1,650,836

  • PATRICK MCGILL MD

    EVP CHIEF TRANSFORMATION OFFICER

    Total calculated
    $1,618,140
    From this org
    $1,131,303
    From related orgs
    $0
    Other
    $486,837
    Hours/week
    52 + 3 related

    Schedule J breakdown matched by us

    Base
    $656,654
    Bonus
    $434,645
    Other
    $40,004
    Deferred
    $454,427
    Nontaxable benefits
    $32,410
    Filer's total
    $1,618,140

  • JOHN KUNZER MD MMM

    EVP PHYSICIAN EXECUTIVE

    Total calculated
    $1,507,815
    From this org
    $0
    From related orgs
    $1,048,206
    Other
    $459,609
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $609,073 related
    Bonus
    $0 + $408,129 related
    Other
    $0 + $31,004 related
    Deferred
    $0 + $426,190 related
    Nontaxable benefits
    $0 + $33,419 related
    Filer's total
    $0 + $1,507,815 related

  • VIRGINIA DAVIDSON

    EVP CHIEF RISK & COMPLIANCE OFFICER

    Total calculated
    $1,426,041
    From this org
    $1,056,221
    From related orgs
    $0
    Other
    $369,820
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $516,405
    Bonus
    $344,602
    Other
    $195,214
    Deferred
    $359,234
    Nontaxable benefits
    $10,586
    Filer's total
    $1,426,041

  • KAREN ANN LLOYD

    EVP GEN COUNSEL/SECRETARY JAN-MAR 24

    Total calculated
    $1,370,444
    From this org
    $972,576
    From related orgs
    $0
    Other
    $397,868
    Hours/week
    52 + 3 related

    Schedule J breakdown matched by us

    Base
    $543,528
    Bonus
    $362,767
    Other
    $66,281
    Deferred
    $378,594
    Nontaxable benefits
    $19,274
    Filer's total
    $1,370,444

  • MICHELLE MAHAFFEY

    CHIEF HR OFFICER

    Total calculated
    $1,186,168
    From this org
    $839,306
    From related orgs
    $0
    Other
    $346,862
    Hours/week
    54 + 1 related

    Schedule J breakdown matched by us

    Base
    $491,602
    Bonus
    $322,853
    Other
    $24,851
    Deferred
    $337,005
    Nontaxable benefits
    $9,857
    Filer's total
    $1,186,168

  • ELIZABETH S THARP MBA BSN RN

    SVP HOSPITAL ACUTE CARE SERVICES/CNO

    Total calculated
    $1,179,930
    From this org
    $904,257
    From related orgs
    $0
    Other
    $275,673
    Hours/week
    35 + 15 related

    Schedule J breakdown matched by us

    Base
    $557,907
    Bonus
    $239,080
    Other
    $107,270
    Deferred
    $255,928
    Nontaxable benefits
    $19,745
    Filer's total
    $1,179,930

  • KANWALDEEP SIDHU MD

    PSYCHIATRIST

    Total calculated
    $1,164,502
    From this org
    $1,111,340
    From related orgs
    $0
    Other
    $53,162
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $856,153
    Bonus
    $127,674
    Other
    $127,513
    Deferred
    $20,700
    Nontaxable benefits
    $32,462
    Filer's total
    $1,164,502

  • ISHRAT BHAT

    PSYCHIATRIST

    Total calculated
    $1,107,047
    From this org
    $1,053,885
    From related orgs
    $0
    Other
    $53,162
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $887,171
    Bonus
    $123,020
    Other
    $43,694
    Deferred
    $20,700
    Nontaxable benefits
    $32,462
    Filer's total
    $1,107,047

  • ROBIN LEDYARD MD

    SVP CHIEF MEDICAL OFFICER

    Total calculated
    $1,106,162
    From this org
    $834,996
    From related orgs
    $0
    Other
    $271,166
    Hours/week
    38 + 12 related

    Schedule J breakdown matched by us

    Base
    $569,622
    Bonus
    $240,370
    Other
    $25,004
    Deferred
    $261,196
    Nontaxable benefits
    $9,970
    Filer's total
    $1,106,162

  • SYED HASAN MD

    PSYCHIATRIST

    Total calculated
    $1,052,856
    From this org
    $996,533
    From related orgs
    $0
    Other
    $56,323
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $864,918
    Bonus
    $113,981
    Other
    $17,634
    Deferred
    $20,700
    Nontaxable benefits
    $35,623
    Filer's total
    $1,052,856

  • SHILPA GUGGALI

    PSYCHIATRIST

    Total calculated
    $1,050,725
    From this org
    $999,656
    From related orgs
    $0
    Other
    $51,069
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $871,021
    Bonus
    $114,721
    Other
    $13,914
    Deferred
    $20,700
    Nontaxable benefits
    $30,369
    Filer's total
    $1,050,725

  • KATHY KRUSIE

    SVP-CPN CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $995,521
    From this org
    $743,566
    From related orgs
    $0
    Other
    $251,955
    Hours/week
    10 + 40 related

    Schedule J breakdown matched by us

    Base
    $493,439
    Bonus
    $225,123
    Other
    $25,004
    Deferred
    $232,024
    Nontaxable benefits
    $19,931
    Filer's total
    $995,521

  • ANNETTE M MOORE MD

    DIRECTOR

    Total calculated
    $744,457
    From this org
    $0
    From related orgs
    $644,110
    Other
    $100,347
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $570,321 related
    Bonus
    $0
    Other
    $0 + $73,789 related
    Deferred
    $0 + $100,347 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $744,457 related

  • JENNIFER HINDMAN

    VP HOSPITAL ADMINISTRATOR

    Total calculated
    $571,252
    From this org
    $451,883
    From related orgs
    $0
    Other
    $119,369
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $349,675
    Bonus
    $100,722
    Other
    $1,486
    Deferred
    $87,137
    Nontaxable benefits
    $32,232
    Filer's total
    $571,252

  • PAIGE DOOLEY MSN MBA RN NE-BC

    VP CNE & CHIEF ADMINISTRATOR - EAST

    Total calculated
    $565,727
    From this org
    $461,611
    From related orgs
    $0
    Other
    $104,116
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $337,626
    Bonus
    $99,517
    Other
    $24,468
    Deferred
    $104,116
    Nontaxable benefits
    $0
    Filer's total
    $565,727

  • ANGIE DUNST MBA BSN

    FORMER VP CNE & CHIEF ADMINISTRATOR - NORTH

    Total calculated
    $539,103
    From this org
    $431,987
    From related orgs
    $0
    Other
    $107,116
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $336,391
    Bonus
    $94,559
    Other
    $1,037
    Deferred
    $97,867
    Nontaxable benefits
    $9,249
    Filer's total
    $539,103

  • CHARLES PLATZ MD

    DIRECTOR

    Total calculated
    $441,554
    From this org
    $0
    From related orgs
    $402,205
    Other
    $39,349
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $312,162 related
    Bonus
    $0 + $44,561 related
    Other
    $0 + $45,482 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $18,649 related
    Filer's total
    $0 + $441,554 related

  • DIANE MCDANIEL

    FORMER CHIEF DEI OFFICER

    Total calculated
    $184,616
    From this org
    $184,616
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $184,616
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $184,616

  • JEAN PUTNAM DNP RN

    FORMER EVP CHIEF NURSING OFFICER

    Total calculated
    $132,231
    From this org
    $132,231
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $132,231
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $132,231

  • GARY S ALETTO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • JASON E BECKER

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • RODNEY D COTTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • BRUCE F KING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • MAGGIE A LEWIS

    DIRECTOR THROUGH JAN 2024

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • RAFAEL A SANCHEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • KRISTIN T SHERMAN

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • CHARLES SCOTT VORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • MARINA WATERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • BRIAN K WILLIAMS

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4 - SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS
VIRGINIA DAVIDSON SEVERANCE: 0 NONQUALIFIED: $164,270 EQUITY-BASED: 0 KAREN ANN LLOYD SEVERANCE: 0 NONQUALIFIED: $35,648 EQUITY-BASED: 0 DIANE MCDANIEL SEVERANCE: $184,616 NONQUALIFIED: 0 EQUITY-BASED: 0 JEAN PUTNAM SEVERANCE: $132,231 NONQUALIFIED: 0 EQUITY-BASED: 0 ELIZABETH THARP SEVERANCE: 0 NONQUALIFIED: $83,226 EQUITY-BASED: 0
PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS
COMMUNITY HEALTH NETWORK, INC. SECTION 457(F) PLAN COMMUNITY HEALTH NETWORK, INC. ("COMMUNITY") ADOPTED THIS COMMUNITY HEALTH NETWORK, INC. SECTION 457(F) PLAN ("PLAN") AS OF JANUARY 1, 2016 TO PROVIDE A SUPPLEMENTAL INCOME FOR RETIREMENT UPON VESTING IN THE BENEFIT AS DESCRIBED IN THE PLAN DOCUMENT. THE PLAN IS INTENDED TO BE EXEMPT FROM THE REQUIREMENTS OF CODE SECTION 409A AS A SHORT-TERM DEFERRAL PROGRAM DESCRIBED UNDER TREAS. REG. 1.409A-1 (B)(4). THE PLAN IS DESIGNED UNDER CODE SECTION 457(F) AS A "TOP-HAT PLAN" (I.E. AN UNFUNDED DEFERRED COMPENSATION PLAN MAINTAINED FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES) PURSUANT TO SECTIONS 201(2), 301(A)(3) AND 401(A)(1) OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"). ELIGIBILITY: INDIVIDUALS DESIGNATED BY THE BOARD OF DIRECTORS OF COMMUNITY HEALTH NETWORK, INC. CONTRIBUTIONS: ANNUALLY FROM 2021 TO 2025 COMMUNITY WILL CREDIT A CONTRIBUTION TO A PARTICIPANT'S ACCOUNT IN AN AMOUNT EQUAL TO TEN PERCENT OF THEIR BASE COMPENSATION AS DEFINED IN THE PARTICIPANT'S EMPLOYMENT AGREEMENT WITH COMMUNITY. VESTING: SINGLE VESTING METHOD ELECTED BY THE EMPLOYER, IN ITS DISCRETION, FOR EACH PARTICIPANT, WHICH APPLIES TO ALL EMPLOYER CONTRIBUTION CREDITS. UNLESS VESTED OR FORFEITED EARLIER, THE ENTIRE ACCOUNT SHALL VEST ON JANUARY 1, 2026. IN ADDITION, A PARTICIPANT'S ENTIRE ACCOUNT SHALL VEST ON THE PARTICIPANT'S DEATH, AN INVOLUNTARY TERMINATION OF THE PARTICIPANT'S EMPLOYMENT WITHOUT CAUSE (AS REASONABLY DETERMINED BY THE EMPLOYER), THE PARTICIPANT'S DISABILITY (AS DEFINED BY THE SOCIAL SECURITY ADMINISTRATION), OR THE PARTICIPANT'S VOLUNTARY TERMINATION FOR GOOD REASON. FORFEITURE: IF ACCOUNT IS NOT VESTED AS DESCRIBED ABOVE, THE ACCOUNT WILL BE COMPLETELY FORFEITED. AMOUNTS FORFEITED DURING A PLAN YEAR REMAIN A GENERAL ASSET OF COMMUNITY. COMMUNITY HEALTH NETWORK, INC. RESTORATION PLAN COMMUNITY HEALTH NETWORK, INC. ("COMMUNITY") ADOPTED THIS COMMUNITY HEALTH NETWORK RESTORATION PLAN ("PLAN") AS OF DECEMBER 1, 2017 TO PROVIDE A SUPPLEMENTAL INCOME FOR RETIREMENT UPON VESTING IN THE BENEFITS AS DESCRIBED IN THE PLAN DOCUMENT. THE PLAN IS DESIGNED UNDER CODE SECTION 457(F) AS A "TOP-HAT PLAN" (I.E. AN UNFUNDED DEFERRED COMPENSATION PLAN MAINTAINED FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES PURSUANT TO SECTIONS 201(2), 301(A)(3) AND 401(A)(1) OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"). ELIGIBILITY: INDIVIDUALS WHO HAVE THE TITLE OF PRESIDENT, SENIOR VICE PRESIDENT OR EXECUTIVE VICE PRESIDENT AND WHOSE PLAN COMPENSATION FOR THE APPLICABLE PLAN YEAR EXCEEDS THE ANNUAL COMPENSATION LIMIT UNDER CODE SECTION 401(A) (17), AS ADJUSTED FROM TIME TO TIME. CONTRIBUTIONS: 1. MATCHING CONTRIBUTIONS: IF A PARTICIPANT RECEIVES THE MAXIMUM PERMISSIBLE MATCHING CONTRIBUTION UNDER THE COMMUNITY HEALTH NETWORK 401(K) RETIREMENT PLAN, THEY WILL RECEIVE A MATCHING CONTRIBUTION IN THE PLAN THAT IS EQUAL TO THEIR COMPENSATION THAT IS GREATER THAN THE 401(K) PLAN LIMIT MULTIPLIED BY THE MAXIMUM PERMITTED MATCHING CONTRIBUTION PERCENTAGE IN THE 401(K) PLAN FOR THAT YEAR. 2. NON-ELECTIVE CONTRIBUTIONS: IF A PARTICIPANT RECEIVES A NON-ELECTIVE CONTRIBUTION IN THE 401(K) PLAN, THEY WILL RECEIVE A NON-ELECTIVE CONTRIBUTION IN THE PLAN THAT IS EQUAL TO THEIR COMPENSATION THAT IS GREATER THAN THE 401(K) PLAN LIMIT MULTIPLIED BY THE NON-ELECTIVE CONTRIBUTION PERCENTAGE IN THE 401(K) PLAN FOR THAT YEAR. NOTE THAT NO NON-ELECTIVE CONTRIBUTIONS ARE CURRENTLY BEING MADE TO THE 401(K) PLAN. CONTRIBUTIONS WILL BE CREDITED TO A PARTICIPANT'S ACCOUNT AS SOON AS ADMINISTRATIVELY FEASIBLE FOLLOWING THE END OF THE PLAN YEAR TO WHICH THE CONTRIBUTIONS RELATE. VESTING: A PARTICIPANT WILL BE 100% VESTED IN HIS ACCOUNT UPON THE EARLIEST TO OCCUR OF THE FOLLOWING: 1. ATTAINMENT OF AGE 65 PRIOR TO SEPARATION FROM SERVICE 2. DISABILITY 3. INVOLUNTARY SEPARATION FROM SERVICE FOR A REASON OTHER THAN FOR CAUSE 4. SEPARATION FROM SERVICE FOR GOOD REASON 5. A NONCOMPETITIVE PARTICIPANT'S COMPLIANCE WITH ALL TERMS OF A NONCOMPETING AGREEMENT, OR 6. DEATH FORFEITURES: IF ACCOUNT IS NOT VESTED AS DESCRIBED ABOVE, THE ACCOUNT WILL BE COMPLETELY FORFEITED. AMOUNTS FORFEITED DURING A PLAN YEAR REMAIN A GENERAL ASSET OF COMMUNITY.
PART I, LINE 7 - NON-FIXED PAYMENTS PROVIDED
SENIOR LEADERSHIP INCENTIVE PROGRAM COMMUNITY HEALTH NETWORK, INC., PARTICIPATES IN THE NETWORK'S SENIOR LEADERSHIP INCENTIVE PROGRAM. CERTAIN INDIVIDUALS OF THE LEADERSHIP TEAM PARTICIPATE IN THIS PROGRAM. THE PROGRAM WAS ADOPTED BY THE EXECUTIVE COMPENSATION COMMITTEE, AND IS INTENDED TO INFLUENCE OUTSTANDING PERFORMANCE BY THE SENIOR LEADERS, AS MEASURED AGAINST ORGANIZATIONAL PERFORMANCE. THE PROGRAM IS REVIEWED ANNUALLY BY THE EXECUTIVE COMPENSATION COMMITTEE, WHICH IS COMPOSED ENTIRELY OF INDEPENDENT COMMUNITY MEMBERS. THE INCENTIVE COMPENSATION THAT IS AWARDED IS INCLUDED IN TOTAL COMPENSATION TO THE EXECUTIVE. THE TOTAL COMPENSATION (INCLUDING ANY PAYMENTS UNDER THE PROGRAM) IS SUBJECT TO THE REVIEW AND APPROVAL OF THE EXECUTIVE COMPENSATION COMMITTEE AND INDEPENDENT COMPENSATION CONSULTANT, IN CONSIDERATION OF CODE SECTION 4958 (AND THE CORRESPONDING TREASURY REGULATIONS) TO ENSURE THAT IT REFLECTS ARM'S LENGTH, FAIR MARKET TERMS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

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

Related partnerships

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

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202543189349307034

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