Skip to content
Nonprofiteer
← KINGS DAUGHTERS MEDICAL SPECIALTIES INC

Form 990 for tax year 2022

Filed by KINGS DAUGHTERS MEDICAL SPECIALTIES INC.

Totals

Total revenue
$78,783,584
Total expenses
$96,647,819
Contributions and grants received
$2,950
Grants paid
$0
Program service revenue
$78,683,950
Investment income
$60,200
Other revenue
$36,484
Total assets, end of year
$14,850,266
Total liabilities, end of year
$11,713,075
Net assets or fund balances, end of year
$3,137,191
Program services expenses (Part IX)
$96,647,819
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$96,647,819

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $2,950

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

    total $78,620,376 · related or exempt $78,620,376

  • 2b · Program service revenue: MEANINGFUL USE REVENUE

    total $63,574 · related or exempt $63,574

  • 3 · Investment income

    total $60,200 · excluded $60,200

  • 6a · Gross rents

    real property $1,242

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,242

  • 6d · Net rental income or loss

    total $1,242 · excluded $1,242

  • 11a · Other revenue: QUALITY INCENTIVE

    total $35,242 · excluded $35,242

  • 11e · Other revenue, total

    $35,242

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $73,782,088 · program services $73,782,088

  • 8 · Pension plan contributions

    total $2,505,685 · program services $2,505,685

  • 9 · Other employee benefits

    total $2,937,148 · program services $2,937,148

  • 10 · Payroll taxes

    total $3,536,965 · program services $3,536,965

  • 11g · Fees: other

    total $9,815,466 · program services $9,815,466

  • 13 · Office expenses

    total $380 · program services $380

  • 16 · Occupancy

    total $102,240 · program services $102,240

  • 19 · Conferences, conventions and meetings

    total $248,261 · program services $248,261

  • 20 · Interest

    total $198 · program services $198

  • 22 · Depreciation, depletion and amortization

    total $184,215 · program services $184,215

  • 23 · Insurance

    total $745,115 · program services $745,115

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $2,590,854 · program services $2,590,854

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $108,920 · program services $108,920

  • 24c · Other expenses: PATIENT CARE AUTO EXPEN

    total $66,110 · program services $66,110

  • 24d · Other expenses: OTHER - LESS THAN 5%

    total $24,174 · program services $24,174

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $637,224 · end of year $239,114

  • 4 · Accounts receivable

    beginning of year $8,693,893 · end of year $9,618,533

  • 7 · Other notes and loans receivable

    beginning of year $1,188,172 · end of year $2,814,019

  • 9 · Prepaid expenses and deferred charges

    beginning of year $763,302 · end of year $452,431

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

    $1,244,087

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

    $130,141

  • 10c · Land, buildings and equipment, net

    beginning of year $1,784,695 · end of year $1,113,946

  • 15 · Other assets

    beginning of year $7,064,615 · end of year $612,223

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,575,634 · end of year $11,085,830

  • 25 · Other liabilities

    beginning of year $1,619,780 · end of year $627,245

  • 27 · Net assets without donor restrictions

    beginning of year $7,936,487 · end of year $3,137,191

Mission and programs · 2022

Mission

KING'S DAUGHTERS MEDICAL SPECIALTIES (KDMS) IS AN INTERGRATED SYSTEM OF MEDICAL SPECIALISTS AND PRIMARY CARE PHYSICIANS DESIGNED TO PROVIDE AN AVENUE FOR PHYSICIAN RECRUITMENT, RETENTION, AND EMPLOYMENT. CONTINUED ON SCHEDULE "O".KDMS PROVIDES ACCESS TO INFORMATION TECHNOLOGY, AS WELL AS LEADERSHIP AND DIRECTION IN A RAPIDLY TRANSFORMING HEALTHCARE ENVIRONMENT WITH CHANGING PAYOR DEMANDS. THE GOALS OF KDMS INCLUDE THE DELIVERY OF QUALITY SERVICE WHICH PROVIDES VALUE TO THE PATIENT, THE PAYOR, AND THE HEALTH SYSTEM.

Activities or mission (Part I)

TO DELIVER QUALITY HEALTHCARE SERVICES WHICH PROVIDE VALUE TO THE PATIENT, PAYER, AND KDHS.

  • KDMS HAS 30 MEDICAL SPECIALTIES PLUS PRIMARY CARE PHYSICIANS PROVIDING SERVICES IN 41 DIFFERENT LOCATIONS. THERE ARE 140 PHYSICIANS AND 115 ADVANCED PRACTITIONERS THAT MAKE UP THE PROVIDERS. KDMS SAW APPROXIMATELY 86,081 PATIENTS DURING FY2023 AND PROVIDED $1,214,995 OF CHARITY CARE.

    Expenses $96,647,819 · Revenue $78,683,950

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Jones

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.25 + 6.25 related

  • Dr Mark Newman

    BOARD VICE-CHAIRMAN (UNTIL 12/31/22)

    Total calculated
    $0
    Hours/week
    0.25 + 5.75 related

  • Penny Cox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.25 related

  • Gina Dugas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.25 related

  • Robert Dipaola

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.25 related

  • John Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.75 related

  • Tom Burnette

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.75 related

  • Stephen Addington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.5 related

  • Eric Monday

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.25 related

  • Craig Collins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.25 related

  • Mark Birdwhistell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 2.25 related

  • Kristie Whitlatch

    PRESIDENT/CEO (10/1/22-12/31/22)

    Total calculated
    $0
    Hours/week
    1.25 + 60.75 related

  • Sara Marks

    PRESIDENT/CEO (BEG. 1/1/23)

    Total calculated
    $1,987,783
    From this org
    $0
    From related orgs
    $1,844,834
    Other
    $142,949
    Hours/week
    1.25 + 60.25 related

    Schedule J breakdown matched by us

    Base
    $0 + $464,919 related
    Bonus
    $0 + $133,500 related
    Other
    $0 + $1,246,415 related
    Deferred
    $0 + $113,725 related
    Nontaxable benefits
    $0 + $29,224 related
    Filer's total
    $0 + $1,987,783 related

  • Autumn McFann

    TREASURER, SR VP/CFO/CAO

    Total calculated
    $2,028,936
    From this org
    $0
    From related orgs
    $1,897,128
    Other
    $131,808
    Hours/week
    1.25 + 60.25 related

    Schedule J breakdown matched by us

    Base
    $0 + $480,101 related
    Bonus
    $0 + $138,000 related
    Other
    $0 + $1,279,027 related
    Deferred
    $0 + $113,725 related
    Nontaxable benefits
    $0 + $18,083 related
    Filer's total
    $0 + $2,028,936 related

  • Sheryl Mahaney Until 113022

    SECRETARY, VP/CHIEF LEGAL OFFICER

    Total calculated
    $1,526,527
    From this org
    $0
    From related orgs
    $1,518,132
    Other
    $8,395
    Hours/week
    1.25 + 60.75 related

    Schedule J breakdown matched by us

    Base
    $0 + $307,303 related
    Bonus
    $0
    Other
    $0 + $1,210,829 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $8,395 related
    Filer's total
    $0 + $1,526,527 related

  • Steven Clifton

    SECRETARY (BEG. 12/1/22)

    Total calculated
    $0
    Hours/week
    0.25 + 5.75 related

  • Amy Saunders

    ASSISTANT SECRETARY (BEG. 12/1/22)

    Total calculated
    $240,339
    From this org
    $0
    From related orgs
    $227,968
    Other
    $12,371
    Hours/week
    0.25 + 45.75 related

    Schedule J breakdown matched by us

    Base
    $0 + $190,304 related
    Bonus
    $0 + $37,219 related
    Other
    $0 + $445 related
    Deferred
    $0 + $10,268 related
    Nontaxable benefits
    $0 + $2,103 related
    Filer's total
    $0 + $240,339 related

  • Roderick Tompkins MD

    PHYSICIAN

    Total calculated
    $1,147,956
    From this org
    $1,099,030
    From related orgs
    $0
    Other
    $48,926
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,075,057
    Bonus
    $0
    Other
    $23,973
    Deferred
    $16,975
    Nontaxable benefits
    $31,951
    Filer's total
    $1,147,956

  • Jennifer Listerman MD

    PHYSICIAN

    Total calculated
    $1,554,239
    From this org
    $1,511,062
    From related orgs
    $0
    Other
    $43,177
    Hours/week
    44.5

    Schedule J breakdown matched by us

    Base
    $1,510,254
    Bonus
    $0
    Other
    $808
    Deferred
    $13,725
    Nontaxable benefits
    $29,452
    Filer's total
    $1,554,239

  • Arthur Gaing MD

    PHYSICIAN

    Total calculated
    $1,210,121
    From this org
    $1,172,043
    From related orgs
    $0
    Other
    $38,078
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,167,051
    Bonus
    $0
    Other
    $4,992
    Deferred
    $16,975
    Nontaxable benefits
    $21,103
    Filer's total
    $1,210,121

  • Zane Darnell MD

    PHYSICIAN

    Total calculated
    $2,018,983
    From this org
    $1,972,649
    From related orgs
    $0
    Other
    $46,334
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,970,791
    Bonus
    $0
    Other
    $1,858
    Deferred
    $16,975
    Nontaxable benefits
    $29,359
    Filer's total
    $2,018,983

  • Omran Abul-Khoudoud MD

    PHYSICIAN

    Total calculated
    $1,226,730
    From this org
    $1,172,096
    From related orgs
    $0
    Other
    $54,634
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $1,149,738
    Bonus
    $0
    Other
    $22,358
    Deferred
    $16,975
    Nontaxable benefits
    $37,659
    Filer's total
    $1,226,730

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

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION FOR THE CEO IS DETERMINED BY ASHLAND HOSPITAL CORPORATION (RELATED ORGANIZATION) USING THE FOLLOWING METHODS: INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY/STUDY, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE.
PART I, LINES 4A-B
THE FOLLOWING INDIVIDUALS RECEIVED A CHANGE-OF-CONTROL PAYMENT DURING THE CALENDAR YEAR 2022: - SHERYL MAHANEY $1,209,162 - SARA MARKS $1,175,614 - AUTUMN MCFANN $1,208,771 THESE WERE PAID AS A RESULT OF THE 12/1/22 MEMBER SUBSTITUTION WITH THE UNIVERSITY OF KENTUCKY. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: - AUTUMN MCFANN $18,996 - SARA MARKS $19,541 THE CEO AND CERTAIN VICE PRESIDENTS, WHOSE BENEFIT IN THE QUALIFIED TAX SHELTERED ANNUITY PLAN IS LIMITED DUE TO THE IRS COMPENSATION AND BENEFIT LIMITS, RECEIVE A BENEFIT RESTORATION CONTRIBUTION UNDER THE DEFERRED ANNUITY PLAN THAT IS PAID AS A TAXABLE DISTRIBUTION TO THE PARTICIPANT ANNUALLY. THE FOLLOWING INDIVIDUALS RECEIVED 457(F) EXECUTIVE RETENTION PLAN PAYOUTS: - AUTUMN MCFANN $50,000 - SARA MARKS $50,000
PART I, LINE 7
NONFIXED PAYMENTS ARE MADE AS A PART OF THE MEDICAL CENTER'S TEAM INCENTIVE AWARD (TIA) PLAN. ALL TEAM MEMBERS ARE ELIGIBLE FOR THE TIA. THE TIA IS PAID OUT BASED UPON SUCCESSFUL COMPLETION OF BOTH QUANTITATIVE AND QUALITATIVE STRATEGIC GOALS, SET ANNUALLY BY THE MEDICAL CENTER LEADERSHIP TEAM AND APPROVED BY THE BOARD OF DIRECTORS.

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

No itemized grants to organizations 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

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

  • ASHLAND MEDICAL PROPERTIES INC

    C · RENTALS · KY

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202441369349305169

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.