Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $36,933

• 1e · Government grants (contributions)

  $91,667

• 1f · All other contributions, gifts and grants

  $45,077

• 1g · Noncash contributions included above

  $16,560

• 2a · Program service revenue: NET PATIENT REVENUE

  total $91,950,154 · related or exempt $91,950,154

• 2b · Program service revenue: 340(B) PHARMACY REVENUE

  total $1,106,039 · related or exempt $1,106,039

• 3 · Investment income

  total $28,621 · excluded $28,621

• 6a · Gross rents

  real property $209,139

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $209,139

• 6d · Net rental income or loss

  total $209,139 · excluded $209,139

• 7a · Gross sales of assets other than inventory

  securities $848,751 · other assets $3,000

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

  securities $0 · other assets $1,723,505

• 7c · Gain or loss

  securities $848,751 · other assets -$1,720,505

• 7d · Net gain or loss

  total -$871,754 · excluded -$871,754

• 8a · Fundraising events: gross income

  $4,560

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

  $36,933

• 8b · Fundraising events: direct expenses

  $15,467

• 8c · Net income from fundraising events

  total -$10,907 · excluded -$10,907

• 11a · Other revenue: CAFETERIA REVENUE

  total $453,890 · excluded $453,890

• 11d · All other revenue

  total $991,428 · excluded $991,428

• 11e · Other revenue, total

  $1,445,318

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,000 · program services $5,000

• 5 · Compensation of officers, directors and key employees

  total $854,640 · program services $431,239 · management and general $423,401

• 7 · Other salaries and wages

  total $28,032,024 · program services $27,115,835 · management and general $916,189

• 8 · Pension plan contributions

  total $752,131 · program services $740,601 · management and general $11,530

• 9 · Other employee benefits

  total $6,079,627 · program services $5,690,188 · management and general $389,439

• 10 · Payroll taxes

  total $1,870,349 · program services $1,841,870 · management and general $28,479

• 11b · Fees: legal

  total $150,464 · management and general $150,464

• 11d · Fees: lobbying

  total $14,557 · management and general $14,557

• 11f · Fees: investment management

  total $33,940 · management and general $33,940

• 11g · Fees: other

  total $13,248,327 · program services $12,454,306 · management and general $794,021

• 12 · Advertising and promotion

  total $135,159 · program services $106,542 · management and general $28,617

• 13 · Office expenses

  total $73,952 · program services $55,625 · management and general $18,327

• 14 · Information technology

  total $136,610 · management and general $136,610

• 16 · Occupancy

  total $695,612 · program services $683,935 · management and general $11,677

• 17 · Travel

  total $402,722 · program services $383,144 · management and general $19,578

• 19 · Conferences, conventions and meetings

  total $271,863 · program services $248,853 · management and general $23,010

• 20 · Interest

  total $52,855 · program services $44,906 · management and general $7,949

• 22 · Depreciation, depletion and amortization

  total $4,028,116 · program services $3,422,309 · management and general $605,807

• 23 · Insurance

  total $1,515,860 · program services $1,515,860

• 24a · Other expenses: INTERCOMPANY ALLOCATION

  total $11,267,390 · program services $704,094 · management and general $10,563,296

• 24b · Other expenses: MEDICAL SUPPLIES

  total $7,431,930 · program services $7,416,645 · management and general $15,285

• 24c · Other expenses: BAD DEBT EXPENSE

  total $7,124,863 · program services $7,124,863

• 24d · Other expenses: MCD TAX

  total $3,428,199 · management and general $3,428,199

• 24e · All other expenses

  total $2,754,540 · program services $2,440,903 · management and general $313,637

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,870 · end of year $2,820

• 2 · Savings and temporary cash investments

  beginning of year $5,602,081 · end of year $10,878,313

• 4 · Accounts receivable

  beginning of year $9,744,180 · end of year $13,071,667

• 8 · Inventories for sale or use

  beginning of year $1,026,390 · end of year $1,736,783

• 9 · Prepaid expenses and deferred charges

  beginning of year $846,828 · end of year $472,939

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

  $70,407,061

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

  $48,311,483

• 10c · Land, buildings and equipment, net

  beginning of year $24,829,155 · end of year $22,095,578

• 11 · Investments: publicly traded securities

  beginning of year $18,330,061 · end of year $15,991,693

• 15 · Other assets

  beginning of year $16,779,202 · end of year $488,606

• 17 · Accounts payable and accrued expenses

  beginning of year $8,986,192 · end of year $6,210,495

• 20 · Tax-exempt bond liabilities

  beginning of year $3,322,832 · end of year $2,394,738

• 25 · Other liabilities

  beginning of year $19,710,804 · end of year $5,513,446

• 27 · Net assets without donor restrictions

  beginning of year $45,140,939 · end of year $50,619,720

The filer's explanations (Part III)

PART I, LINE 3

NORTH COUNTRY HEALTHCARE, A RELATED ORGANIZATION, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL OF THE FILING ORGANIZATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4B

THOMAS MEE, SYSTEM CEO, PARTICIPATED IN A 457(F) PLAN ADMINISTERED BY NORTH COUNTRY HEALTHCARE, A RELATED ORGANIZATION. THERE WERE NO CONTRIBUTIONS OR DISTRIBUTIONS IN 2023.