Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $21,271

• 1f · All other contributions, gifts and grants

  $1,960

• 2a · Program service revenue: INPATIENT AND OUTPATIENT REVENUES

  total $42,692,793 · related or exempt $42,673,087 · unrelated business $19,706

• 2b · Program service revenue: EQUITY SHARE IN CENTRAL MN DIAGNO

  total $284,522 · related or exempt $284,522

• 2c · Program service revenue: FITNESS & WELLNESS

  total $245,803 · related or exempt $245,803

• 3 · Investment income

  total $354,346 · excluded $354,346

• 7a · Gross sales of assets other than inventory

  securities $3,588,464

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

  securities $3,521,415 · other assets $1,858

• 7c · Gain or loss

  securities $67,049 · other assets -$1,858

• 7d · Net gain or loss

  total $65,191 · excluded $65,191

• 11a · Other revenue: CAFETERIA & VENDING

  total $84,802 · excluded $84,802

• 11b · Other revenue: MISCELLANEOUS

  total $1,074 · excluded $1,074

• 11e · Other revenue, total

  $85,876

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,500 · program services $2,500

• 5 · Compensation of officers, directors and key employees

  total $139,680 · management and general $139,680

• 6 · Compensation of disqualified persons

  total $200,628 · program services $199,682 · management and general $946

• 7 · Other salaries and wages

  total $15,596,220 · program services $14,593,365 · management and general $1,002,855

• 8 · Pension plan contributions

  total $616,997 · program services $581,493 · management and general $35,504

• 9 · Other employee benefits

  total $2,218,402 · program services $1,982,997 · management and general $235,405

• 10 · Payroll taxes

  total $1,078,024 · program services $998,080 · management and general $79,944

• 11b · Fees: legal

  total $47 · management and general $47

• 11d · Fees: lobbying

  total $871 · management and general $871

• 11f · Fees: investment management

  total $28,916 · management and general $28,916

• 11g · Fees: other

  total $2,120,107 · program services $1,800,816 · management and general $319,291

• 12 · Advertising and promotion

  total $4,065 · management and general $4,065

• 13 · Office expenses

  total $1,864,263 · program services $1,696,857 · management and general $167,406

• 14 · Information technology

  total $31,395 · program services $29,376 · management and general $2,019

• 16 · Occupancy

  total $663,585 · program services $620,916 · management and general $42,669

• 17 · Travel

  total $167,140 · program services $161,437 · management and general $5,703

• 19 · Conferences, conventions and meetings

  total $15,544 · program services $5,211 · management and general $10,333

• 20 · Interest

  total $961,402 · program services $961,402

• 22 · Depreciation, depletion and amortization

  total $3,074,791 · program services $2,877,078 · management and general $197,713

• 23 · Insurance

  total $340,178 · program services $326,060 · management and general $14,118

• 24a · Other expenses: UNRELATED BUSINESS TAX

  total -$366 · management and general -$366

• 24b · Other expenses: AFFILIATE SUPPORT FEE

  total $4,383,386 · program services $2,179,420 · management and general $2,203,966

• 24c · Other expenses: MEDICAL SUPPLIES

  total $3,905,817 · program services $3,905,817

• 24d · Other expenses: AFFILIATE EXPENSE & REV

  total $2,582,051 · program services $333,627 · management and general $2,248,424

• 24e · All other expenses

  total $1,939,846 · program services $1,747,827 · management and general $192,019

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $989,424 · end of year $2,394,068

• 2 · Savings and temporary cash investments

  beginning of year $1,393,521 · end of year $1,763,762

• 4 · Accounts receivable

  beginning of year $4,465,609 · end of year $5,872,739

• 7 · Other notes and loans receivable

  beginning of year $642,186 · end of year $740,595

• 8 · Inventories for sale or use

  beginning of year $1,095,127 · end of year $1,496,500

• 9 · Prepaid expenses and deferred charges

  beginning of year $66,454 · end of year $66,751

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

  $37,342,214

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

  $10,339,047

• 10c · Land, buildings and equipment, net

  beginning of year $29,361,545 · end of year $27,003,167

• 11 · Investments: publicly traded securities

  beginning of year $37,362 · end of year $37,362

• 12 · Investments: other securities

  beginning of year $11,981,545 · end of year $12,540,015

• 15 · Other assets

  beginning of year $1,488,839 · end of year $749,268

• 17 · Accounts payable and accrued expenses

  beginning of year $2,193,355 · end of year $2,804,672

• 19 · Deferred revenue

  end of year $27,022

• 23 · Secured mortgages and notes payable

  beginning of year $33,496,689 · end of year $32,564,344

• 25 · Other liabilities

  beginning of year $2,058,473 · end of year $738,276

• 27 · Net assets without donor restrictions

  beginning of year $13,773,095 · end of year $16,529,913

The filer's explanations (Part III)

PART I, LINE 3

ESTABLISHING CEO'S COMPENSATION: ESSENTIA HEALTH, AS A RELATED ORGANIZATION, USED THE FOLLOWING METHODS TO ESTABLISH ESSENTIA HEALTH MOOSE LAKE'S ADMINISTRATOR'S COMPENSATION: A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

PART I, LINE 4B

SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: ESSENTIA HEALTH'S NONQUALIFIED RETIREMENT PLAN IS OFFERED TO DESIGNATED ESSENTIA HEALTH EXECUTIVES. THERE IS A MINIMUM FOUR YEAR VESTING DATE, OR VESTING IS AUTOMATIC UPON REACHING RETIREMENT AGE, DEATH, DISABILITY OR INVOLUNTARY TERMINATION WITHOUT CAUSE. BENEFITS ARE SUBJECT TO INCOME TAXES UPON VESTING AND PAYABLE FROM ESSENTIA HEALTH'S GENERAL ASSETS. REPORTED AS OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN B (III), THE FOLLOWING INDIVIDUALS LISTED IN FORM 990, PART VII, SECTION A, LINE 1A RECEIVED PAYMENT OF THE VESTED BENEFIT FROM THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING THE YEAR: TRACI MORRIS $79,902 MICHAEL WATTERS $33,314 THOMAS WITT, MD $171,792 MICHAEL LARSON $25,201 REPORTED AS RETIREMENT AND OTHER DEFERRED COMPENSATION IN SCHEDULE J, PART II, COLUMN C, ESSENTIA HEALTH MADE CONTRIBUTIONS, SUBJECT TO THE VESTING TERMS, DURING THE YEAR INTO THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN ON BEHALF OF THE FOLLOWING INDIVIDUALS LISTED IN FORM 990, PART VII, SECTION A, LINE 1A: TRACI MORRIS $97,190 MICHAEL WATTERS $68,732 THOMAS WITT, MD $6,384 TODD DEFREECE $44,003 MICHAEL LARSON $6,975

PART I, LINE 8

INITIAL CONTRACT EXCEPTION: ESSENTIA HEALTH MOOSE LAKE'S ADMINISTRATOR, SAM BARNEY, RECEIVED COMPENSATION DURING THE YEAR UNDER AN INITIAL EMPLOYMENT AGREEMENT SUBJECT TO THE INITIAL CONTRACT EXCEPTION. THROUGH THE ESSENTIA HEALTH EXECUTIVE COMPENSATION COMMITTEE, THIS COMPENSATION ARRANGEMENT WAS REVIEWED AND APPROVED BY INDEPENDENT PERSONS USING COMPARABILITY DATA; DELIBERATIONS AND DECISIONS WERE DOCUMENTED.

Related corporations and trusts

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

• ESSENTIA HEALTH INSURANCE SERVICES SPC LTD

  C · SELF INSURANCE · CJ · controlled entity

• MID DAKOTA CLINIC INC

  C · CLINIC OPERATIONS CEASED 9/30/22 · ND · controlled entity