Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Diagnostic Services

  total $47,899,037 · related or exempt $47,899,037

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $577,327 · excluded $577,327

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  other assets $149,500

• 7c · Gain or loss

  securities $0 · other assets $149,500

• 7d · Net gain or loss

  total $149,500 · excluded $149,500

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 11a · Fees: management

  total $9,340,508 · program services $8,364,726 · management and general $975,782

• 11c · Fees: accounting

  total $39,085 · management and general $39,085

• 11g · Fees: other

  total $178,566 · program services $55,721 · management and general $122,845 · fundraising $0

• 12 · Advertising and promotion

  total $18,718 · program services $500 · management and general $18,218

• 13 · Office expenses

  total $8,305 · program services $4,133 · management and general $4,172

• 14 · Information technology

  total $24,301 · management and general $24,301

• 16 · Occupancy

  total $67,308 · program services $42,549 · management and general $24,759

• 17 · Travel

  total $576,175 · program services $557,007 · management and general $19,168

• 20 · Interest

  total $307,401 · program services $307,401

• 22 · Depreciation, depletion and amortization

  total $10,490,079 · program services $10,466,158 · management and general $23,921

• 23 · Insurance

  total $289,329 · program services $254,840 · management and general $34,489

• 24a · Other expenses: Repairs & Maintenance

  total $10,755,160 · program services $10,742,422 · management and general $12,738

• 24b · Other expenses: Medical Supplies

  total $500,838 · program services $499,480 · management and general $1,358

• 24c · Other expenses: Miscellaneous

  total $125,682 · program services $116,001 · management and general $9,681

• 24d · Other expenses: Professional Affiliations

  total $46,878 · program services $33,427 · management and general $13,451

• 24e · All other expenses

  total $21,600 · program services $1,650 · management and general $19,950 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,629,617 · end of year $2,420,461

• 2 · Savings and temporary cash investments

  beginning of year $5,811,350 · end of year $6,160,583

• 4 · Accounts receivable

  beginning of year $5,576,492 · end of year $6,153,310

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,022,183 · end of year $1,125,547

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

  $130,963,224

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

  $94,499,566

• 10c · Land, buildings and equipment, net

  beginning of year $31,172,938 · end of year $36,463,658

• 11 · Investments: publicly traded securities

  beginning of year $9,077,433 · end of year $9,918,632

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $3,134,186 · end of year $4,107,963

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $7,415,470 · end of year $8,056,974

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $44,740,357 · end of year $50,077,254

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN: CHAD COOPER, JEAN MACDONELL

Schedule J, Part I, Line 7 Non-fixed payments

Fairview Health Services provides lump sum financial awards based on system-wide, business unit and/or departments financial and quality measures. Annual goals, specifically tied to productivity and quality indicators, are set for the year and an incentive paid out annually if key goals and measures are achieved.

Schedule J, Part I, Line 3 Related Org to establish compensation

THE ORGANIZATION IS PART OF THE FAIRVIEW HEALTH SERVICES SYSTEM AND FAIRVIEW HEALTH SERVICES HUMAN RESOURCES USES COMPARABLES TO ESTABLISH COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR ACCORDING TO MARKET STANDARDS.

Schedule J, Part III Other Additional Information

The Plan is only open to a select group of highly compensated employees. The Plan contributes the difference of what 403(b) employer contributions were missed for participants who earn more than the IRS limit on eligible compensation for qualified retirement plans. The contribution is unfunded. The Plan complies with section 457(f) of the Code.