Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $30,000

• 1e · Government grants (contributions)

  $826,682

• 2a · Program service revenue: NET PATIENT REVENUE

  total $318,283,818 · related or exempt $318,283,818

• 3 · Investment income

  total $440,685 · excluded $440,685

• 6a · Gross rents

  real property $2,310,104

• 6b · Less rental expenses

  real property $188,333

• 6c · Rental income or loss

  real property $2,121,771

• 6d · Net rental income or loss

  total $2,121,771 · excluded $2,121,771

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $325,011 · related or exempt $325,011

• 11b · Other revenue: EQUITY IN SUBSIDIARIES

  total $289,351 · related or exempt $289,351

• 11e · Other revenue, total

  $614,362

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $188,320 · program services $188,320

• 5 · Compensation of officers, directors and key employees

  total $4,156,472 · management and general $4,156,472

• 6 · Compensation of disqualified persons

  total $1,425,281 · management and general $1,425,281

• 7 · Other salaries and wages

  total $102,739,639 · program services $94,520,468 · management and general $8,219,171

• 8 · Pension plan contributions

  total $4,121,399 · program services $3,791,687 · management and general $329,712

• 9 · Other employee benefits

  total $11,538,250 · program services $10,615,190 · management and general $923,060

• 10 · Payroll taxes

  total $8,109,945 · program services $7,461,149 · management and general $648,796

• 11b · Fees: legal

  total $3,385 · management and general $3,385

• 11g · Fees: other

  total $81,283,997 · program services $74,781,277 · management and general $6,502,720

• 13 · Office expenses

  total $3,073,877 · program services $2,213,191 · management and general $860,686

• 14 · Information technology

  total $1,377,799 · program services $1,350,243 · management and general $27,556

• 16 · Occupancy

  total $4,008,735 · program services $3,407,425 · management and general $601,310

• 17 · Travel

  total $38,667 · program services $30,160 · management and general $8,507

• 19 · Conferences, conventions and meetings

  total $154,812 · program services $120,753 · management and general $34,059

• 20 · Interest

  total $5,362,954 · program services $5,362,954

• 22 · Depreciation, depletion and amortization

  total $15,964,281 · program services $12,611,782 · management and general $3,352,499

• 23 · Insurance

  total $496,072 · program services $362,133 · management and general $133,939

• 24a · Other expenses: BAD DEBT

  total $31,192,320 · program services $31,192,320

• 24b · Other expenses: MEDICAL SUPPLIES

  total $28,052,002 · program services $28,052,002

• 24c · Other expenses: PHARMACEUTICALS

  total $9,377,062 · program services $9,377,062

• 24d · Other expenses: REPAIRS AND MAINTENANCE

  total $7,327,440 · program services $7,254,166 · management and general $73,274

• 24e · All other expenses

  total $1,093,846 · program services $1,038,072 · management and general $55,774

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $49,673,327 · end of year $100,776

• 2 · Savings and temporary cash investments

  beginning of year $28,337 · end of year $15,322,779

• 4 · Accounts receivable

  beginning of year $67,952,550 · end of year $38,811,465

• 7 · Other notes and loans receivable

  beginning of year $2,267,992 · end of year $2,415,227

• 8 · Inventories for sale or use

  beginning of year $6,623,301 · end of year $6,441,639

• 9 · Prepaid expenses and deferred charges

  beginning of year $684,272 · end of year $4,486,208

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

  $465,510,774

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

  $326,070,656

• 10c · Land, buildings and equipment, net

  beginning of year $137,481,722 · end of year $139,440,118

• 11 · Investments: publicly traded securities

  beginning of year $731,417 · end of year $731,417

• 12 · Investments: other securities

  beginning of year $6,783,980 · end of year $2,625,489

• 14 · Intangible assets

  beginning of year $15,514,628 · end of year $0

• 15 · Other assets

  beginning of year $8,148,990 · end of year $29,111,699

• 17 · Accounts payable and accrued expenses

  beginning of year $52,451,806 · end of year $20,935,960

• 19 · Deferred revenue

  beginning of year $0 · end of year $9,373,200

• 24 · Unsecured notes and loans payable

  beginning of year $2,985,305 · end of year $0

• 25 · Other liabilities

  beginning of year $18,187,787 · end of year $5,871,607

• 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 $222,265,618 · end of year $203,306,050

The filer's explanations (Part III)

PART I, LINE 3: METHODS USED TO ESTABLISH COMPENSATION

UVA COMMUNITY HEALTH, INC. IS THE PARENT ENTITY OF A NOT-FOR-PROFIT INTEGRATED SYSTEM OF HOSPITALS, PHYSICIAN CLINICS, OUTPATIENT CENTERS, AND OTHER HEALTHCARE SERVICES PROVIDERS (COLLECTIVELY KNOWN AS "UVA COMMUNITY HEALTH"). UVACH, IN COMBINATION WITH ITS SOLE MEMBER, THE UNIVERSITY OF VIRGINIA MEDICAL CENTER ("THE MEDICAL CENTER"), COMPRISE UVA HEALTH. THE FILING ORGANIZATION IS AN INTEGRAL PART OF UVA COMMUNITY HEALTH AND UVA HEALTH. THE COMPENSATION OF THE UVA COMMUNITY HEALTH CEO IS ESTABLISHED USING A HOLISTIC SET OF COMPENSABLE FACTORS AND VARIABLE PAY OPTIONS INTENDED TO ASSIST WITH THE RECRUITMENT AND RETENTION OF EXCEPTIONAL OR MISSION-CRITICAL EMPLOYEES AND APPROVED BY THE CHIEF EXECUTIVE OFFICER OF UVA HEALTH ON BEHALF OF THE MEDICAL CENTER AND THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA.

PART I, LINE 4A - SEVERANCE PLAN:

ELIGIBLE EXECUTIVES MAY RECEIVE SEVERANCE PAY THAT IS BASED ON ANNUAL COMPENSATION FOR A SPECIFIED PERIOD OF TIME. ANY CURRENT YEAR PAYMENTS HAVE BEEN INCLUDED IN THE COMPENSATION AMOUNTS REPORTED IN PART VII AND IN COLUMN (B)(III) OF SCHEDULE J. - STEPHEN SMITH, MD: $428,441

PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS:

THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") PAYMENTS MADE IN 2022 ARE THE FINAL PAYMENTS ATTRIBUTABLE TO PARTICIPATION IN THE PLAN OFFERED BY NOVANT HEALTH, INC. PRIOR TO THE UVA MEDICAL CENTER BECOMING THE SOLE MEMBER OF UVA COMMUNITY HEALTH, INC. ("UVACHI") AND THE INTEGRATION OF UVACHI AND ITS SUBSIDIARIES INTO UVA HEALTH. THE PLAN WAS INTENDED TO SUPPORT RETENTION OF KEY EXECUTIVES AND TO OFFER COMPETITIVE TOTAL COMPENSATION. ELIGIBLE EXECUTIVES WERE NOMINATED BY THE CEO AND APPROVED BY THE NOVANT HEALTH COMPENSATION AND LEADERSHIP COMMITTEE ("THE COMMITTEE") FOR PARTICIPATION. ANNUAL CONTRIBUTIONS TO THE PLAN WERE BASED ON A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AS OF JANUARY 1ST OF THE PREVIOUS PLAN YEAR AND WERE REPORTED IN COLUMN (C) OF SCHEDULE J. PRIOR TO MAKING THE CONTRIBUTIONS, THE COMMITTEE REVIEWED AND APPROVED AMOUNTS AS TO REASONABLENESS, WHEN COMBINED WITH ALL OTHER ANNUAL COMPENSATION. A 3 YEAR CLASS-YEAR VESTING PERIOD WOULD APPLY UP TO AGE 62, WHEN ALL MONEY WOULD BE VESTED AND PAID OUT TO THE PARTICIPANT. FOR THE FINAL PAYMENTS LISTED, VESTING OCCURRED ON JANUARY 1, 2022. - JOSEPH SCOTT HAAS: $7,857 - STEPHEN SMITH, MD: $70,218 - CHRIS HEATON, MD: $10,793 ERIK SHANNON SERVED AS AN INDEPENDENT CONTRACTOR FROM JANUARY THROUGH NOVEMBER BEFORE BEING HIRED AS A FULL TIME EMPLOYEE. THIS PAYMENT IS REFLECTED IN SCHEDULE J, PART II, COLUMN B(III).

PART I, LINE 7: NONFIXED PAYMENTS

DEPENDING ON INDIVIDUAL PERFORMANCE, SOME EMPLOYEES MAY BE ELIGIBLE FOR PERFORMANCE BONUSES IN ADDITION TO THEIR REGULAR COMPENSATION. THE AWARDING OF ANY COMPENSATION BONUS CONSIDERS THE INDIVIDUAL'S GOALS AND THE GOALS OF THE ORGANIZATION AS A WHOLE. ANY POTENTIAL BONUS IS CONSIDERED WHEN EVALUATING AN EMPLOYEE'S TOTAL COMPENSATION FOR REASONABLENESS.