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Nonprofiteer
← CENTRAL PENINSULA GENERAL HOSPITAL INC

Form 990 for tax year 2023

Filed by CENTRAL PENINSULA GENERAL HOSPITAL INC.

Totals

Total revenue
$657,693,734
Total expenses
$641,005,771
Contributions and grants received
$1,911,646
Grants paid
$83,900
Program service revenue
$647,720,535
Investment income
$4,510,277
Other revenue
$3,551,276
Total assets, end of year
$318,187,566
Total liabilities, end of year
$68,344,862
Net assets or fund balances, end of year
$249,842,704
Program services expenses (Part IX)
$638,965,668
Management and general expenses
$2,040,103
Fundraising expenses
$0
Program service expenses (Part III)
$638,965,668

Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $88,372

  • 1e · Government grants (contributions)

    $1,823,274

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $24,389

  • 2a · Program service revenue: Hospital Service Revenue

    total $554,234,458 · related or exempt $554,234,458 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Skilled Nursing Revenue

    total $13,602,348 · related or exempt $13,602,348 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Outpatient Physician Clinic Revenue

    total $79,883,729 · related or exempt $79,883,729 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $4,510,277 · related or exempt $4,510,277 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

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

  • 5 · Royalties

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

  • 6a · Gross rents

    real property $432,817 · personal property $0

  • 6b · Less rental expenses

    real property $349,853 · personal property $0

  • 6c · Rental income or loss

    real property $82,964 · personal property $0

  • 6d · Net rental income or loss

    total $82,964 · related or exempt $82,964 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

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

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

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

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

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

  • 10a · Gross sales of inventory

    $1,098,248

  • 10b · Cost of goods sold

    $243,475

  • 10c · Net income from sales of inventory

    total $854,773 · related or exempt $854,773 · unrelated business $0 · excluded $0

  • 11a · Other revenue: USAC Telephone Subsidy

    total $1,172,301 · related or exempt $1,172,301 · unrelated business $0 · excluded $0

  • 11b · Other revenue: 340b Pharmacy Rebate Program

    total $1,389,731 · related or exempt $1,389,731 · unrelated business $0 · excluded $0

  • 11c · Other revenue: Property Tax Revenue

    total $51,507 · related or exempt $51,507 · unrelated business $0 · excluded $0

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $2,613,539

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $83,900 · program services $83,900

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $10,019,708 · program services $8,445,098 · management and general $1,574,610 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $97,767,199 · program services $97,767,199 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $2,717,939 · program services $2,717,939 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $19,711,906 · program services $19,711,906 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $6,660,212 · program services $6,660,212 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $192,475 · program services $0 · management and general $192,475 · fundraising $0

  • 11c · Fees: accounting

    total $251,700 · program services $0 · management and general $251,700 · fundraising $0

  • 11d · Fees: lobbying

    total $21,318 · program services $0 · management and general $21,318 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $21,268,196 · program services $21,268,196 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $445,996 · program services $445,996 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $2,650,785 · program services $2,650,785 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $10,490,854 · program services $10,490,854 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $4,564,003 · program services $4,564,003 · management and general $0 · fundraising $0

  • 17 · Travel

    total $297,094 · program services $297,094 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $482,001 · program services $482,001 · management and general $0 · fundraising $0

  • 20 · Interest

    total $1,632,860 · program services $1,632,860 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $16,618,613 · program services $16,618,613 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $1,909,069 · program services $1,909,069 · management and general $0 · fundraising $0

  • 24a · Other expenses: Medicare Deductions

    total $210,586,273 · program services $210,586,273 · management and general $0 · fundraising $0

  • 24b · Other expenses: Medicaid Deductions

    total $78,660,361 · program services $78,660,361 · management and general $0 · fundraising $0

  • 24c · Other expenses: All other deductions

    total $87,471,729 · program services $87,471,729 · management and general $0 · fundraising $0

  • 24d · Other expenses: Charity & Bad Debt

    total $20,294,609 · program services $20,294,609 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $46,206,971 · program services $46,206,971 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $56,248,801 · end of year $51,225,887

  • 2 · Savings and temporary cash investments

    beginning of year $6,507,397 · end of year $4,179,400

  • 3 · Pledges and grants receivable

    beginning of year $452,654 · end of year $321,093

  • 4 · Accounts receivable

    beginning of year $38,521,664 · end of year $48,471,732

  • 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

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $8,893,820 · end of year $10,148,167

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,886,578 · end of year $2,107,661

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

    $256,150,320

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

    $143,772,787

  • 10c · Land, buildings and equipment, net

    beginning of year $113,335,343 · end of year $112,377,533

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $5,014

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $1,177,000 · end of year $1,177,000

  • 15 · Other assets

    beginning of year $80,418,396 · end of year $88,174,079

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,595,370 · end of year $24,455,558

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $4,797,186 · end of year $5,344,442

  • 20 · Tax-exempt bond liabilities

    beginning of year $44,507,236 · end of year $37,468,675

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,387,120 · end of year $1,076,187

  • 27 · Net assets without donor restrictions

    beginning of year $233,154,741 · end of year $249,842,704

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

The mission of Central Peninsula Hospital is to nurture our community by promoting health and wellness through quality healthcare. Our vision is to focus on the needs of individuals guided by people's preferences and values, in a culture of quality, compassion, and partnership.

  • Our 49 bed hospital provided patient and ancillary services to 2,681 inpatients and 187,334 outpatients during the 2023 tax year. The hospital provides emergency medical services regardless of ability to pay. Emergency medical services were provided to 17,081 individuals, and 2,021 of those individuals were admitted to the hospital. 5,500 surgical procedures were performed in the hospital during the tax year. The imaging department performed 59,755 procedures. 84,154 physical medicine 15-minute procedures were provided to area residents. During the 2023 tax year, free medical services in the amount of $9,514,847 (gross charges) were provided to patients eligible for charity care.

    Expenses $548,716,429 · Revenue $554,234,458

  • Skilled nursing and long term care services were provided by our 60 bed skilled nursing facility. Heritage Place provides healing and compassionate residential care in a home like setting. Total resident days of care for the 2023 tax year were 17,121 days. An average of 47 residents per day were provided long term care and nursing. Ancillary services for residents included 4,649 therapy treatments.

    Expenses $14,647,504 · Revenue $13,602,348

  • The hospital operates 16 family and specialty physician services clinics providing care in the following areas: Family Medicine, Pediatrics, Neurology, Surgery, Urology, Podiatry, Internal Medicine, Women's Health, Orthopedics, Oncology, Pain Management, Spine, Diabetes Management, Gastroenterology, and outpatient substance abuse treatment. During the 2023 tax year physician and specialty services were provided for 51,230 visits. The Urgent Care clinic which began operations in tax year 2020 to provide for emergent care visits outside of the hospital had 8,087 visits during the year.

    Expenses $75,601,735 · Revenue $79,883,729

As filed on the 2023 return.

Listed in Part VII

  • Michael Reyes

    Orthopedic Surgeon

    Total calculated
    $1,436,925
    From this org
    $1,405,512
    From related orgs
    $0
    Other
    $31,413
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,039,204
    Bonus
    $226,967
    Other
    $139,341
    Deferred
    $7,056
    Nontaxable benefits
    $35,817
    Filer's total
    $1,448,385

  • Herbert Bote

    Orthopedic Surgeon

    Total calculated
    $1,130,815
    From this org
    $1,100,877
    From related orgs
    $0
    Other
    $29,938
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $930,015
    Bonus
    $107,081
    Other
    $63,781
    Deferred
    $7,056
    Nontaxable benefits
    $35,082
    Filer's total
    $1,143,015

  • John Andreshak

    Spine Surgeon

    Total calculated
    $1,084,521
    From this org
    $1,052,197
    From related orgs
    $0
    Other
    $32,324
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $805,122
    Bonus
    $112,683
    Other
    $134,392
    Deferred
    $7,056
    Nontaxable benefits
    $29,728
    Filer's total
    $1,088,981

  • David King

    Surgeon

    Total calculated
    $966,957
    From this org
    $936,044
    From related orgs
    $0
    Other
    $30,913
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $644,832
    Bonus
    $196,019
    Other
    $95,193
    Deferred
    $7,056
    Nontaxable benefits
    $28,068
    Filer's total
    $971,168

  • Robert Cadoff

    Urologist

    Total calculated
    $964,406
    From this org
    $945,284
    From related orgs
    $0
    Other
    $19,122
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $938,196
    Bonus
    $10
    Other
    $7,078
    Deferred
    $7,056
    Nontaxable benefits
    $18,457
    Filer's total
    $970,797

  • Gregg Motonaga

    Anesthesiologist/Board Member

    Total calculated
    $880,454
    From this org
    $849,041
    From related orgs
    $0
    Other
    $31,413
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $788,806
    Bonus
    $58,953
    Other
    $1,282
    Deferred
    $7,056
    Nontaxable benefits
    $35,818
    Filer's total
    $891,915

  • Jason Lattin

    Surgeon

    Total calculated
    $852,592
    From this org
    $768,531
    From related orgs
    $0
    Other
    $84,061
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $520,069
    Bonus
    $175,064
    Other
    $73,398
    Deferred
    $7,056
    Nontaxable benefits
    $90,595
    Filer's total
    $866,182

  • Gregory Hough

    Surgeon

    Total calculated
    $852,529
    From this org
    $809,721
    From related orgs
    $0
    Other
    $42,808
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $635,571
    Bonus
    $83,891
    Other
    $90,259
    Deferred
    $7,056
    Nontaxable benefits
    $49,223
    Filer's total
    $866,000

  • Darren Mullins

    Oncologist

    Total calculated
    $693,718
    From this org
    $670,945
    From related orgs
    $0
    Other
    $22,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $294,238
    Bonus
    $267,551
    Other
    $109,156
    Deferred
    $11,135
    Nontaxable benefits
    $17,267
    Filer's total
    $699,347

  • Shaun Keef

    CEO

    Total calculated
    $612,932
    From this org
    $559,377
    From related orgs
    $0
    Other
    $53,555
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $409,385
    Bonus
    $78,480
    Other
    $71,513
    Deferred
    $18,303
    Nontaxable benefits
    $41,473
    Filer's total
    $619,154

  • John Bramante

    Physician/Board Member

    Total calculated
    $605,966
    From this org
    $563,158
    From related orgs
    $0
    Other
    $42,808
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $384,620
    Bonus
    $139,552
    Other
    $38,986
    Deferred
    $7,056
    Nontaxable benefits
    $41,973
    Filer's total
    $612,187

  • Karen Scoggins

    CNO/COO

    Total calculated
    $371,144
    From this org
    $333,443
    From related orgs
    $0
    Other
    $37,701
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,099
    Bonus
    $42,435
    Other
    $28,908
    Deferred
    $13,843
    Nontaxable benefits
    $30,680
    Filer's total
    $377,965

  • Michael Haggerty

    CFO

    Total calculated
    $330,571
    From this org
    $305,811
    From related orgs
    $0
    Other
    $24,760
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,496
    Bonus
    $37,112
    Other
    $41,203
    Deferred
    $13,194
    Nontaxable benefits
    $14,507
    Filer's total
    $333,512

  • Rick Davis

    CEO

    Total calculated
    $70,015
    From this org
    $62,390
    From related orgs
    $0
    Other
    $7,625
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $40,189
    Bonus
    $0
    Other
    $22,201
    Deferred
    $3,746
    Nontaxable benefits
    $4,751
    Filer's total
    $70,887

  • Denise Plano

    CNO

    Total calculated
    $45,008
    From this org
    $44,616
    From related orgs
    $0
    Other
    $392
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $19,616
    Bonus
    $25,000
    Other
    $0
    Deferred
    $392
    Nontaxable benefits
    $0
    Filer's total
    $45,008

  • Steve Horn

    Board President

    Total calculated
    $15,000
    From this org
    $15,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • Carrie Couey

    Board Secretary/Treasurer

    Total calculated
    $3,550
    From this org
    $3,550
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Jay Rohloff

    Board Member

    Total calculated
    $3,500
    From this org
    $3,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Paul Ostrander

    Board Vice President

    Total calculated
    $3,450
    From this org
    $3,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Maxwell Best

    Board Member

    Total calculated
    $3,100
    From this org
    $3,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Trena Richardson

    Board Member

    Total calculated
    $3,050
    From this org
    $3,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Stephanie Queen

    Board Member

    Total calculated
    $2,900
    From this org
    $2,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Bradley Cross

    Board Member

    Total calculated
    $2,650
    From this org
    $2,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Silverio Mattero

    Board Member

    Total calculated
    $2,400
    From this org
    $2,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Jesse Kincaid

    Board Member

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Tax indemnification and gross-up payments
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 1b · Written policy on the line-1a expenses
  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
Gross up payments are made for certain taxable fringe benefits including life insurance over $50,000. A year-end wage adjustment is made for all employees to include the gross up for fringe benefits and excess life insurance benefits. The Hospital has historically paid all Social Security and Medicare taxes on such benefits while the employee is responsible for all federal income taxes.
Schedule J, Part I, Line 1b
The year-end gross up adjustment for fringe benefits and life insurance over $50,000 is based on historical practice and is not based on a written policy.
Schedule J, Part I, Line 3
The Hospital contracts with an independent consultant every 3 years to perform a review of executive salaries and benefits. The most recent review was completed in January 2023. The resulting report is provided to the Board and Management for review. The Board then sets compensation levels for the CEO through a written employment agreement. The CEO is responsible for hiring the rest of the Hospital's executive team and for using comparable data studies to set competitive salary packages.
Schedule J, Part I, Line 4
The Hospital provides a 457 Top Hat plan to certain key employees and executives. The individuals listed on Schedule J participated in the plan and either deferred their own compensation or received hospital contributions into the plan throughout the tax year.
Schedule J, Part I, Line 5
In accordance with their employment agreements, Emergency Department physicians receive a percentage of their professional fees billed as compensation. The compensation is not based directly on the Hospital's overall revenue, but rather on individual charges that are generated by the Physician. The compensation method is considered reasonable and customary for these employed physicians.
Schedule J, Part I, Line 6
The Hospital has an annual incentive plan for all employees. Incentive is based on a series of operational and quality measures in order to maintain the highest standard of patient care. One of the measures is meeting the Hospital's financial budget. The incentive is not calculated based on actual earnings. Other measures include Quality of Care indicators and Patient Satisfaction.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
6 May 2025
IRS schema version
2023v6.0
Source object
202541269349302699

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