Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $319,396

• 1e · Government grants (contributions)

  $202,552

• 1f · All other contributions, gifts and grants

  $1,420

• 2a · Program service revenue: PATIENT SERVICES

  total $54,468,154 · related or exempt $54,468,154

• 2b · Program service revenue: AFFILIATED RENTAL REV.

  total $698,033 · excluded $698,033

• 2c · Program service revenue: AFFILIATED MEDICAL SVC

  total $90,828 · related or exempt $90,828

• 3 · Investment income

  total $334,550 · excluded $334,550

• 6a · Gross rents

  real property $218,192

• 6b · Less rental expenses

  real property $180,482

• 6c · Rental income or loss

  real property $37,710

• 6d · Net rental income or loss

  total $37,710 · excluded $37,710

• 7a · Gross sales of assets other than inventory

  securities $1,877,825 · other assets $16,667

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

  securities $1,281,748 · other assets $0

• 7c · Gain or loss

  securities $596,077 · other assets $16,667

• 7d · Net gain or loss

  total $612,744 · excluded $612,744

• 11a · Other revenue: CAFETERIA/VENDING

  total $300,411 · excluded $300,411

• 11b · Other revenue: CMH IBCLC SERVICES

  total $39,731 · related or exempt $39,731

• 11c · Other revenue: MEDICAL RECORDS

  total $1,622 · related or exempt $1,622

• 11d · All other revenue

  total $13,075 · related or exempt $13,075

• 11e · Other revenue, total

  $354,839

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $10,750 · program services $10,750

• 7 · Other salaries and wages

  total $21,449,500 · program services $20,966,774 · management and general $482,726

• 8 · Pension plan contributions

  total $873,653 · program services $872,530 · management and general $1,123

• 9 · Other employee benefits

  total $3,323,691 · program services $3,314,899 · management and general $8,792

• 10 · Payroll taxes

  total $1,484,063 · program services $1,480,573 · management and general $3,490

• 11a · Fees: management

  total $493,727 · program services $493,727

• 11f · Fees: investment management

  total $23,875 · management and general $23,875

• 11g · Fees: other

  total $3,304,852 · program services $3,257,942 · management and general $46,910

• 12 · Advertising and promotion

  total $126,459 · program services $70,775 · management and general $55,684

• 13 · Office expenses

  total $470,518 · program services $457,894 · management and general $12,624

• 14 · Information technology

  total $65,889 · program services $65,889

• 16 · Occupancy

  total $2,313,524 · program services $2,309,864 · management and general $3,660

• 17 · Travel

  total $18,495 · program services $18,495

• 19 · Conferences, conventions and meetings

  total $10,012 · program services $10,012

• 20 · Interest

  total $634,410 · management and general $634,410

• 22 · Depreciation, depletion and amortization

  total $2,911,664 · program services $1,155,511 · management and general $1,756,153

• 23 · Insurance

  total $261,088 · program services $261,088

• 24a · Other expenses: MEDICAL/DIETARY SUPPLY

  total $8,046,160 · program services $8,046,160

• 24b · Other expenses: OVERHEAD ALLOCATION

  total $3,885,720 · management and general $3,885,720

• 24c · Other expenses: OHIO HOSPITAL TAX

  total $1,514,791 · program services $1,514,791

• 24d · Other expenses: EQUIPMENT

  total $1,166,782 · program services $1,162,078 · management and general $4,704

• 24e · All other expenses

  total $157,308 · program services $96,403 · management and general $60,905

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,584 · end of year $2,680

• 4 · Accounts receivable

  beginning of year $4,528,128 · end of year $5,423,807

• 7 · Other notes and loans receivable

  beginning of year $1,218 · end of year $1,218

• 8 · Inventories for sale or use

  beginning of year $991,804 · end of year $1,181,456

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

  $72,454,727

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

  $42,444,117

• 10c · Land, buildings and equipment, net

  beginning of year $29,985,069 · end of year $30,010,610

• 11 · Investments: publicly traded securities

  beginning of year $11,909,887 · end of year $13,134,340

• 12 · Investments: other securities

  beginning of year $1,270,741 · end of year $1,154,631

• 15 · Other assets

  beginning of year $7,338,786 · end of year $9,585,523

• 17 · Accounts payable and accrued expenses

  beginning of year $3,795,729 · end of year $3,764,036

• 19 · Deferred revenue

  beginning of year $152,722 · end of year $16,377

• 23 · Secured mortgages and notes payable

  beginning of year $1,346,841 · end of year $1,217,324

• 25 · Other liabilities

  beginning of year $10,275 · end of year $10,275

• 27 · Net assets without donor restrictions

  beginning of year $50,641,591 · end of year $55,416,544

• 28 · Net assets with donor restrictions

  beginning of year $81,059 · end of year $69,709

The filer's explanations (Part III)

PART I, LINES 4A-B

ELIGIBLE EXECUTIVES (GENERALLY VICE PRESIDENTS AND ABOVE) PARTICIPATE IN A PROGRAM THAT PROVIDES FOR SUPPLEMENTAL RETIREMENT BENEFITS. THE PAYMENT OF BENEFITS UNDER THE PROGRAM, IF ANY, IS ENTIRELY DEPENDENT UPON THE FACTS AND CIRCUMSTANCES UNDER WHICH THE EXECUTIVE TERMINATES EMPLOYMENT WITH THE ORGANIZATION. BENEFITS UNDER THE PROGRAM ARE UNFUNDED AND NON-VESTED. DUE TO THE SUBSTANTIAL RISK OF FORFEITURE PROVISION, THERE IS NO GUARANTEE THAT THESE EXECUTIVES WILL EVER RECEIVE ANY BENEFIT UNDER THE PROGRAM. ANY AMOUNT ULTIMATELY PAID UNDER THE PROGRAM TO THE EXECUTIVE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. DURING THE 2024 CALENDAR YEAR, NONE OF THE INDIVIDUAL(S) LISTED IN SCHEDULE J, PART II, RECEIVED A PAYMENT FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN WHICH WAS TREATED AS TAXABLE COMPENSATION BY TRIHEALTH, INC.

PART I, LINES 3

TRIHEALTH, INC., A RELATED ORGANIZATION OF MCCULLOUGH-HYDE MEMORIAL HOSPITAL, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE.

PART I, LINE 4A

THE REPORTABLE INDIVIDUALS OF MCCULLOUGH-HYDE MEMORIAL HOSPITAL, INCORPORATED ARE PAID BY TRIHEALTH, INC., A RELATED ORGANIZATION, RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3). TRIHEALTH, INC. HAS A STANDARD EMPLOYEE SEVERANCE PACKAGE. GENERAL SEVERANCE PAY IS BASED ON LENGTH OF SERVICE. IN ADDITION, NOTICE PAY, IF APPLICABLE UNDER TRIHEALTH, INC. POLICY, MAY BE ADDED TO THE SEVERANCE PACKAGE AND THE AMOUNT OF NOTICE PAY WILL BE DETERMINED BY HUMAN RESOURCES IN ACCORDANCE WITH TRIHEALTH, INC. POLICY. PAYMENTS OF SEVERANCE ARE CONDITIONED UPON SIGNING A SEPARATION AND RELEASE AGREEMENT. THE FOLLOWING INDIVIDUAL(S) RECEIVED SEVERANCE PAYMENTS FROM TRIHEALTH, INC. DURING THE 2024 CALENDAR YEAR. MICHAEL EVERETT - $293,392

Related partnerships

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

• HEALTHCARE SOLUTIONS NETWORK LLC

  PHYSICIAN HOSPITAL ORGANIZATION · OH

• PREFERRED LAB PARTNERS LLC

  LABORATORY SERVICES · KY

Related corporations and trusts

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

• TRIHEALTH PHYSICIANS OF INDIANA INC

  C · PHYSICIAN PRACTICES · OH

• TRIHEALTH PHYSICIAN SOLUTIONS INC

  C · CLAIMS ADMINISTRATION · OH

• TRIHEALTH CIPHO INC

  C · PHYSICIAN HEALTH ORGANIZATION · OH

• PREMIERE MEDICAL OWNERS ASSOCIATION

  C · CONDO ASSOCIATION · OH

• SERVE INSURANCE LTD

  C · ALTERNATIVE RISK FINANCING · CJ