Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $5,000

• 1c · Fundraising events

  $16,992

• 1e · Government grants (contributions)

  $2,741,662

• 1f · All other contributions, gifts and grants

  $2,353,562

• 1g · Noncash contributions included above

  $80,201

• 2a · Program service revenue: Patient services

  total $138,291,266 · related or exempt $138,291,266

• 2b · Program service revenue: Diagnostic and reference labs

  total $51,448,256 · related or exempt $50,963,544 · unrelated business $484,712

• 2c · Program service revenue: Pharmacies and drug stores

  total $6,533,149 · related or exempt $4,163,080 · unrelated business $2,370,069

• 2d · Program service revenue: Miscellaneous program services

  total $2,264,420 · related or exempt $2,261,138 · unrelated business $3,282

• 2e · Program service revenue: Cafeteria and dietary

  total $525,952 · related or exempt $525,952

• 2f · All other program service revenue

  total $27,776 · related or exempt $27,776

• 3 · Investment income

  total $197,164 · excluded $197,164

• 6a · Gross rents

  real property $42,024

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $42,024

• 6d · Net rental income or loss

  total $42,024 · related or exempt $42,024

• 7a · Gross sales of assets other than inventory

  securities $13,071,482 · other assets $47,371

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

  securities $12,156,101 · other assets $2,482

• 7c · Gain or loss

  securities $915,381 · other assets $44,889

• 7d · Net gain or loss

  total $960,270 · excluded $960,270

• 8a · Fundraising events: gross income

  $915

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

  $16,992

• 8b · Fundraising events: direct expenses

  $6,763

• 8c · Net income from fundraising events

  total -$5,848 · excluded -$5,848

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $343,244 · program services $343,244

• 5 · Compensation of officers, directors and key employees

  total $2,626,484 · program services $2,362,360 · management and general $264,124

• 7 · Other salaries and wages

  total $79,458,552 · program services $71,014,522 · management and general $8,269,563 · fundraising $174,467

• 8 · Pension plan contributions

  total $1,323,225 · program services $1,188,828 · management and general $131,354 · fundraising $3,043

• 9 · Other employee benefits

  total $17,206,054 · program services $15,372,547 · management and general $1,796,410 · fundraising $37,097

• 10 · Payroll taxes

  total $5,529,061 · program services $4,942,380 · management and general $574,888 · fundraising $11,793

• 11a · Fees: management

  total $199,404 · management and general $199,404

• 11b · Fees: legal

  total $162,033 · management and general $162,033

• 11c · Fees: accounting

  total $155,458 · management and general $155,458

• 11d · Fees: lobbying

  total $56,987 · management and general $56,987

• 11e · Fees: professional fundraising services

  total $298,774 · fundraising $298,774

• 11f · Fees: investment management

  total $22,396 · management and general $22,396

• 11g · Fees: other

  total $32,623,812 · program services $28,693,292 · management and general $3,771,490 · fundraising $159,030

• 12 · Advertising and promotion

  total $481,495 · program services $226,303 · management and general $255,192

• 13 · Office expenses

  total $3,450,279 · program services $207,723 · management and general $2,680,702 · fundraising $561,854

• 14 · Information technology

  total $124,556 · program services $58,541 · management and general $66,015

• 16 · Occupancy

  total $6,164,138 · program services $4,314,897 · management and general $1,849,241

• 17 · Travel

  total $153,718 · program services $72,247 · management and general $81,471

• 19 · Conferences, conventions and meetings

  total $123,418 · program services $58,006 · management and general $65,412

• 20 · Interest

  total $909,253 · management and general $909,253

• 22 · Depreciation, depletion and amortization

  total $4,666,027 · program services $3,530,736 · management and general $1,135,291

• 23 · Insurance

  total $3,619,325 · program services $785,013 · management and general $2,834,312

• 24a · Other expenses: Medical supplies/fees

  total $37,950,833 · program services $37,950,833

• 24b · Other expenses: Provision for bad debt

  total $8,916,811 · program services $8,916,811

• 24c · Other expenses: Pharmacy supplies

  total $8,078,284 · program services $8,078,284

• 24d · Other expenses: Healthcare provider tax

  total $3,877,354 · program services $3,877,354

• 24e · All other expenses

  total $15,635 · management and general $15,635

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $367,322 · end of year $627,099

• 2 · Savings and temporary cash investments

  beginning of year $2,460,364 · end of year $3,823,268

• 3 · Pledges and grants receivable

  beginning of year $274,408 · end of year $2,761,313

• 4 · Accounts receivable

  beginning of year $22,943,806 · end of year $24,625,735

• 8 · Inventories for sale or use

  beginning of year $4,353,729 · end of year $4,251,898

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,605,698 · end of year $1,517,843

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

  $131,463,863

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

  $89,229,908

• 10c · Land, buildings and equipment, net

  beginning of year $40,967,049 · end of year $42,233,955

• 11 · Investments: publicly traded securities

  beginning of year $31,637,646 · end of year $24,545,455

• 12 · Investments: other securities

  beginning of year $2,588,844 · end of year $2,227,201

• 14 · Intangible assets

  end of year $5,575,512

• 15 · Other assets

  beginning of year $5,690,296 · end of year $4,885,067

• 17 · Accounts payable and accrued expenses

  beginning of year $28,334,190 · end of year $34,079,226

• 20 · Tax-exempt bond liabilities

  beginning of year $6,535,098 · end of year $10,834,476

• 23 · Secured mortgages and notes payable

  beginning of year $5,136,805 · end of year $9,698,593

• 25 · Other liabilities

  beginning of year $14,786,463 · end of year $14,646,540

• 27 · Net assets without donor restrictions

  beginning of year $40,885,757 · end of year $24,889,647

• 28 · Net assets with donor restrictions

  beginning of year $17,210,849 · end of year $22,925,864

The filer's explanations (Part III)

Part I, Line 4b

Schedule J, Part I, Line 4b, Non-Qualified Retirement Plans: Patrick A. Taylor, MD became the President and CEO of the Hospital in 2021, at which time he entered a Supplemental Executive Retirement Plan with the Hospital that was intended to comply with the requirements of Section 457(f) of the Internal Revenue Code. The Plan is intended to be an unfunded plan maintained primarily for the purpose of providing deferred compensation to a select group of management. During the 2024 tax year, Patrick Taylor received tax-deferred contributions of $67,521 under the 457(f) Plan. This amount is included in his deferred income as reported on this Form 990, Schedule J, Part II, Column C. Additionally, during this tax year, Patrick Taylor received taxable distributions of $120,519 from his 457(f) plan which were included in his W-2 wages. These distributions are also included within the total amount of Patrick Taylor's Other Compensation as reported on this Form 990, Schedule J, Part II, Column B(iii). Lastly, as these distributions relate to amounts previously deferred under a non-qualified 457(f) plan, and were therefore reported as deferred compensation on previous Forms 990, the current year 457(f) plan distributions for Patrick Taylor are also included in the amounts reported on this Schedule J, part II, Column F.

Part I, Line 7

The Hospital may provide performance-based variable compensation as is deemed approrpiate relative to performance metrics and goals. Such variable compensation is subject to review on an annual basis.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• Shields Imaging at York Hospital

  Related · Imaging · ME · 50% owned · share of income $73,416 · share of assets $193,199 · general or managing partner

  Directly controlled by York Hospital