Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $73,468

• 1f · All other contributions, gifts and grants

  $158

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $12,924,655 · related or exempt $12,924,655

• 2b · Program service revenue: PHARMACY

  total $307,339 · related or exempt $307,339

• 2c · Program service revenue: OTHER REVENUE

  total $210,854 · related or exempt $210,854

• 2d · Program service revenue: CONTRACT REVENUE

  total $162,624 · related or exempt $162,624

• 3 · Investment income

  total $33,964 · excluded $33,964

• 6a · Gross rents

  real property $35,276

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $35,276

• 6d · Net rental income or loss

  total $35,276 · excluded $35,276

• 7a · Gross sales of assets other than inventory

  securities $416,076 · other assets $330

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

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $416,076 · other assets $330

• 7d · Net gain or loss

  total $416,406 · excluded $416,406

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $126,770 · management and general $126,770

• 7 · Other salaries and wages

  total $6,412,364 · program services $5,750,173 · management and general $604,903 · fundraising $57,288

• 8 · Pension plan contributions

  total $122,601 · program services $106,885 · management and general $15,107 · fundraising $609

• 9 · Other employee benefits

  total $642,417 · program services $552,135 · management and general $87,148 · fundraising $3,134

• 10 · Payroll taxes

  total $469,608 · program services $398,379 · management and general $68,966 · fundraising $2,263

• 11a · Fees: management

  total $288,143 · management and general $288,143

• 11c · Fees: accounting

  total $72,202 · management and general $72,202

• 11d · Fees: lobbying

  total $641 · management and general $641

• 11f · Fees: investment management

  total $48,353 · management and general $48,353

• 11g · Fees: other

  total $2,249,450 · program services $2,091,218 · management and general $154,535 · fundraising $3,697

• 12 · Advertising and promotion

  total $15,723 · management and general $3,479 · fundraising $12,244

• 13 · Office expenses

  total $590,429 · program services $450,559 · management and general $120,565 · fundraising $19,305

• 16 · Occupancy

  total $276,056 · program services $210,453 · management and general $65,047 · fundraising $556

• 17 · Travel

  total $19,136 · program services $12,533 · management and general $4,604 · fundraising $1,999

• 19 · Conferences, conventions and meetings

  total $24,146 · program services $18,410 · management and general $5,736

• 22 · Depreciation, depletion and amortization

  total $577,243 · program services $469,970 · management and general $107,273

• 23 · Insurance

  total $129,957 · program services $4,121 · management and general $125,836

• 24a · Other expenses: MEDICAL SUPPLIES

  total $664,123 · program services $664,123

• 24b · Other expenses: MISCELLANEOUS

  total $18,975 · program services $3,865 · management and general $15,110

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $2,033,410 · end of year $2,433,479

• 3 · Pledges and grants receivable

  beginning of year $2,694 · end of year $2,300

• 4 · Accounts receivable

  beginning of year $4,070,555 · end of year $4,185,344

• 8 · Inventories for sale or use

  beginning of year $219,839 · end of year $223,709

• 9 · Prepaid expenses and deferred charges

  beginning of year $204,883 · end of year $183,156

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

  $18,664,440

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

  $14,009,164

• 10c · Land, buildings and equipment, net

  beginning of year $4,763,189 · end of year $4,655,276

• 11 · Investments: publicly traded securities

  beginning of year $8,361,501 · end of year $9,117,137

• 15 · Other assets

  beginning of year $137,883 · end of year $367,478

• 17 · Accounts payable and accrued expenses

  beginning of year $1,013,202 · end of year $1,134,397

• 21 · Escrow or custodial account liability

  beginning of year $8,645 · end of year $7,438

• 25 · Other liabilities

  beginning of year $278,195 · end of year $106,043

• 27 · Net assets without donor restrictions

  beginning of year $18,455,813 · end of year $19,881,745

• 28 · Net assets with donor restrictions

  beginning of year $38,099 · end of year $38,256

The filer's explanations (Part III)

PART I, LINE 6

THE COMPENSATION PACKAGE FOR PIONEER MEMORIAL HOSPITAL & HEALTH SERVICES INCLUDES A 0%-1% ONE-TIME BONUS BASED ON NET INCOME OF THE ORGANIZATION. ALL EMPLOYEES ARE ELIGIBLE FOR THE ONE-TIME BONUS EXCEPT THE CONTRACTED EMPLOYEES.

SCHEDULE J, PART I, LINE 3:

THE ORGANIZATION RELIES ON SANFORD HEALTH NETWORK, AN UNRELATED MANAGEMENT COMPANY, TO DETERMINE THE COMPENSATION PAID TO THE CEO. THE ORGANIZATION'S BOARD OF DIRECTORS APPROVES THE CONTRACT WITH SANFORD HEALTH NETWORK. COMPENSATION FOR LINDSEY HAUGER, CEO UNTIL 06/28/2024 AND ISAAC GERDES, CEO ARE REFLECTED AS PART OF THE MANAGEMENT FEE IN FORM 990, PART VII SECTION B FOR SERVICES RENDERED TO THE FILING ORGANIZATION.