Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $37,289,710

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

  total $68,299,381 · related or exempt $68,299,381

• 2b · Program service revenue: PHYSICIAN FEES

  total $34,840 · related or exempt $34,840

• 3 · Investment income

  total $23,362 · excluded $23,362

• 6a · Gross rents

  real property $680,145

• 6b · Less rental expenses

  real property $680,145

• 6c · Rental income or loss

  real property $0

• 6d · Net rental income or loss

  total $0

• 11a · Other revenue: HOSPITALIST REV

  total $4,589,859 · related or exempt $4,589,859

• 11b · Other revenue: MNPG SERVICES CCP

  total $3,293,159 · excluded $3,293,159

• 11c · Other revenue: TEACHING STIPENDS

  total $301,434 · excluded $301,434

• 11d · All other revenue

  total $1,058,426 · related or exempt $484,721 · excluded $573,705

• 11e · Other revenue, total

  $9,242,878

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $3,223,221 · program services $3,139,431 · management and general $83,790

• 7 · Other salaries and wages

  total $62,727,671 · program services $61,097,029 · management and general $1,630,642

• 8 · Pension plan contributions

  total $2,941,020 · program services $2,864,566 · management and general $76,454

• 9 · Other employee benefits

  total $7,407,040 · program services $7,135,895 · management and general $271,145

• 10 · Payroll taxes

  total $3,559,490 · program services $3,433,928 · management and general $125,562

• 11c · Fees: accounting

  total $8,812 · management and general $8,812

• 11g · Fees: other

  total $14,395,045 · program services $3,548,586 · management and general $10,846,459

• 12 · Advertising and promotion

  total $4,259 · program services $612 · management and general $3,647

• 13 · Office expenses

  total $635,103 · program services $475,377 · management and general $159,726

• 14 · Information technology

  total $1,486,783 · program services $94,810 · management and general $1,391,973

• 16 · Occupancy

  total $4,821,363 · program services $4,401,494 · management and general $419,869

• 17 · Travel

  total $95,623 · program services $94,549 · management and general $1,074

• 19 · Conferences, conventions and meetings

  total $33,585 · program services $31,252 · management and general $2,333

• 22 · Depreciation, depletion and amortization

  total $2,512,311 · program services $1,341,695 · management and general $1,170,616

• 23 · Insurance

  total $1,496,093 · program services $1,496,093

• 24a · Other expenses: MEDICAL SUPPLIES

  total $6,704,372 · program services $6,700,961 · management and general $3,411

• 24b · Other expenses: ADMINISTRATION ALLOCATI

  total $807,607 · program services $756,897 · management and general $50,710

• 24c · Other expenses: MINOR EQUIPMENT

  total $416,116 · program services $415,846 · management and general $270

• 24d · Other expenses: BAD DEBTS

  total $322,080 · program services $322,080

• 24e · All other expenses

  total $519,447 · program services $427,057 · management and general $92,390

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $10,424 · end of year $10,844

• 2 · Savings and temporary cash investments

  beginning of year $2,049,577 · end of year $2,686,857

• 4 · Accounts receivable

  beginning of year $5,338,711 · end of year $5,526,184

• 8 · Inventories for sale or use

  beginning of year $238,995 · end of year $274,674

• 9 · Prepaid expenses and deferred charges

  beginning of year $625,338 · end of year $247,028

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

  $34,978,723

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

  $25,647,207

• 10c · Land, buildings and equipment, net

  beginning of year $9,549,117 · end of year $9,331,516

• 14 · Intangible assets

  beginning of year $1,661,992 · end of year $1,363,386

• 15 · Other assets

  beginning of year $15,270,582 · end of year $13,457,488

• 17 · Accounts payable and accrued expenses

  beginning of year $8,280,399 · end of year $7,366,140

• 25 · Other liabilities

  beginning of year $15,622,758 · end of year $13,917,128

• 27 · Net assets without donor restrictions

  beginning of year $10,841,579 · end of year $11,614,709

The filer's explanations (Part III)

PART I, LINE 3

THE CEO IS AN EMPLOYEE OF MOUNT NITTANY MEDICAL CENTER ("MNMC"). MNMC USES ALL OF THE METHODS UNDER LINE 3 OTHER THAN REVIEWING 990S OF OTHER ORGANIZATIONS TO ESTABLISH HER COMPENSATION.

PART I, LINES 4A-B

THE FORMER CEO, LANCE ROSE, RECEIVED A NONQUALIFIED RETIREMENT PLAN PAYMENT OF $14,721 DURING THE CALENDAR YEAR. THE CHIEF EXECUTIVE OFFICER, KATHLEEN RHINE, PARTICIPATES IN 457(F) NON-QUALIFIED RETIREMENT PLAN. CONTRIBUTIONS MADE DURING THE CALENDAR YEAR WERE $96,155. THERE WERE NO DISTRIBUTIONS IN DURING THE CALENDAR YEAR.

PART I, LINE 7

THE EXECUTIVE TEAM MEMBERS OF MOUNT NITTANY MEDICAL CENTER AND THE MOUNT NITTANY MEDICAL CENTER HEALTH SERVICES (D/B/A MOUNT NITTANY PHYSICIAN GROUP) EXECUTIVE DIRECTOR RECEIVED A PORTION OF THEIR ANNUAL VARIABLE-PAY BASED UPON THE CONSOLIDATED OPERATING MARGIN, MOUNT NITTANY MEDICAL CENTER HEALTH SERVICES' (D/B/A MOUNT NITTANY PHYSICIAN GROUP) OPERATING MARGIN, CONTRIBUTIONS, AND OTHER CORPORATE GOALS. THE CORPORATE GOALS FOCUSED ON (1) PROVIDING LOCALIZED CARE, INTEGRATED CARE, EFFICIENT CARE, AND ALIGNED CARE; (2) FINANCE; (3) QUALITY/PATIENT SAFETY; AND (4) THE WORK ENVIRONMENT.