Skip to content
Nonprofiteer
← GENESIS HEALTHCARE INC

Form 990 for tax year 2023

Filed by GENESIS HEALTHCARE INC.

Totals

Total revenue
$65,947,840
Total expenses
$47,315,048
Contributions and grants received
$886
Grants paid
$76,820
Program service revenue
$60,241,768
Investment income
$3,671,511
Other revenue
$2,033,675
Total assets, end of year
$146,119,438
Total liabilities, end of year
$10,821,925
Net assets or fund balances, end of year
$135,297,513
Program services expenses (Part IX)
$36,809,835
Management and general expenses
$10,505,213
Fundraising expenses
$0
Program service expenses (Part III)
$36,809,835

Program services were 77.8% 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

    $886

  • 2a · Program service revenue: Net Patient Revenue

    total $57,966,758 · related or exempt $57,479,602 · unrelated business $487,156

  • 2b · Program service revenue: HHS ACA Access point Funds

    total $1,007,384 · related or exempt $1,007,384

  • 2c · Program service revenue: American Rescue Plan Act

    total $639,863 · related or exempt $639,863

  • 2d · Program service revenue: Capital Assistance for Hurricane Response and Recovery Efforts

    total $589,000 · related or exempt $589,000

  • 2e · Program service revenue: Expanding Covid-19 vaccination

    total $27,500 · related or exempt $27,500

  • 2f · All other program service revenue

    total $11,263 · related or exempt $11,263 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $2,950,668 · excluded $2,950,668

  • 6a · Gross rents

    real property $175

  • 6c · Rental income or loss

    real property $175 · personal property $0

  • 6d · Net rental income or loss

    total $175 · related or exempt $175

  • 7a · Gross sales of assets other than inventory

    securities $720,843

  • 7c · Gain or loss

    securities $720,843 · other assets $0

  • 7d · Net gain or loss

    total $720,843 · excluded $720,843

  • 11a · Other revenue: Contract Services Revenue

    total $2,031,950 · related or exempt $2,031,950

  • 11b · Other revenue: Miscellaneous Revenue

    total $1,550 · related or exempt $1,550

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $2,033,500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $76,820 · program services $76,820

  • 5 · Compensation of officers, directors and key employees

    total $4,173,765 · program services $936,652 · management and general $3,237,113

  • 6 · Compensation of disqualified persons

    total $310,935 · program services $60,444 · management and general $250,491

  • 7 · Other salaries and wages

    total $12,994,505 · program services $10,774,491 · management and general $2,220,014

  • 8 · Pension plan contributions

    total -$128,765 · management and general -$128,765

  • 9 · Other employee benefits

    total $2,664,300 · program services $1,543,338 · management and general $1,120,962

  • 10 · Payroll taxes

    total $1,122,565 · program services $793,995 · management and general $328,570

  • 11b · Fees: legal

    total $782,630 · management and general $782,630

  • 11c · Fees: accounting

    total $155,480 · management and general $155,480

  • 11d · Fees: lobbying

    total $314,536 · management and general $314,536

  • 11f · Fees: investment management

    total $193,757 · management and general $193,757

  • 11g · Fees: other

    total $1,402,061 · program services $1,162,339 · management and general $239,722 · fundraising $0

  • 12 · Advertising and promotion

    total $455,072 · program services $357,974 · management and general $97,098

  • 13 · Office expenses

    total $886,046 · program services $727,839 · management and general $158,207

  • 14 · Information technology

    total $819,780 · program services $282,469 · management and general $537,311

  • 16 · Occupancy

    total $795,037 · program services $650,684 · management and general $144,353

  • 17 · Travel

    total $245,503 · program services $80,810 · management and general $164,693

  • 19 · Conferences, conventions and meetings

    total $33,860 · program services $8,889 · management and general $24,971

  • 20 · Interest

    total $91,353 · program services $59,280 · management and general $32,073

  • 22 · Depreciation, depletion and amortization

    total $1,707,079 · program services $1,401,764 · management and general $305,315

  • 23 · Insurance

    total $343,120 · program services $209,217 · management and general $133,903

  • 24a · Other expenses: SUPPLIES

    total $16,946,484 · program services $16,894,113 · management and general $52,371

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $522,029 · program services $522,029

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $285,047 · program services $198,148 · management and general $86,899

  • 24d · Other expenses: MISCELLANEOUS EXPENSE

    total $15,151 · program services $15,151

  • 24e · All other expenses

    total $106,898 · program services $53,389 · management and general $53,509 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,477,753 · end of year $5,339,817

  • 2 · Savings and temporary cash investments

    beginning of year $19,671,171 · end of year $39,914,957

  • 4 · Accounts receivable

    beginning of year $3,703,379 · end of year $3,582,873

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $1,144,398 · end of year $1,188,140

  • 9 · Prepaid expenses and deferred charges

    beginning of year $933,285 · end of year $1,195,888

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

    $56,327,808

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

    $7,962,445

  • 10c · Land, buildings and equipment, net

    beginning of year $25,645,592 · end of year $48,365,363

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $66,915,659 · end of year $46,532,400

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,664,745 · end of year $10,129,025

  • 22 · Loans and payables to officers and key people

    beginning of year $705,620 · end of year $692,900

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $114,120,872 · end of year $135,297,513

Mission and programs · 2023

Mission

To provide timely, affordable, compassionate, and quality primary and preventative medical, dental, and pharmaceutical services to South Carolina's economically and culturally diverse communities.

Activities or mission (Part I)

To provide medical, dental, and pharmaceutical services to the community served.

  • Genesis Healthcare, Inc. ("GHC") is a non-profit community healthcare center deeply committed to improving the health of our community through prevention, early intervention, rehabilitation, and education. a. Our community health centers in Darlington, Olanta, Lamar, Walterboro, and Florence, South Carolina, provide primary healthcare services to patients of all ages. Additionally, our community health center located in Goose Creek, South Carolina provides pediatric healthcare services. As a community health center, GHC is strongly committed to improving the health of its community through prevention, early intervention, rehabilitation and education. The services offered by GHC include: Continued on Schedule O - General Primary Medical Care - Behavioral Health Services - Emergency Medical Services - Diagnostic Laboratory Services - Diagnostic X-rays - Diagnostic Screenings - Ultrasounds and Echocardiography - Bone Density Testing - Care Coordination - Case Management - Immunizations - Gynecological Care - Obstetrics - Medication Management - On-site Pharmacy - Foot Care Clinic - Pharmaceuticals - Pharmacy Services - Pulmonary Function Testing - Transportation to and from Appointments, if needed - Pediatrics - Urology - Substance Abuse Screening, Referral, and Treatment In addition to the above services, GHC implemented a program entitled Case Management. Case Management is a patient management program designed to improve the health of patients with chronic illnesses such as diabetes, high blood pressure, heart disease, asthma, COPD, and high cholesterol. GHC's pharmacy is certified as a specialty pharmacy through both the Utilization Review Accreditation Commission (URAC) and the Accreditation Commission for Health Care (ACHC). Services provided by GHC are available to all community residents, regardless of their financial or insurance status. GHC offers a reduced sliding fee schedule based on an individual's income and family size.

    Expenses $36,809,835 · Grants $76,820 · Revenue $61,788,287

As filed on the 2023 return.

Listed in Part VII

  • David Corry

    Chairman

    Total calculated
    $0
    Hours/week
    2

  • Ernestine Ferguson

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Powell

    Vice-Chairman

    Total calculated
    $0
    Hours/week
    2

  • John C Ramsey

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • John Kimbrough

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Karen M Lee

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Mal Hyman

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Michael S McManus

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Roosevelt Scott

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Scott Eagerton

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Thomas TC Sawyer

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Wilbur Coleman

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Alexander Cohen

    Chief Medical Officer

    Total calculated
    $518,261
    From this org
    $465,808
    From related orgs
    $0
    Other
    $52,453
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $394,308
    Bonus
    $71,500
    Other
    $0
    Deferred
    $35,700
    Nontaxable benefits
    $16,753
    Filer's total
    $518,261

  • Althia Manual

    Clinical Revenue Cycle Officer

    Total calculated
    $184,892
    From this org
    $144,805
    From related orgs
    $0
    Other
    $40,087
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $110,805
    Bonus
    $34,000
    Other
    $0
    Deferred
    $19,060
    Nontaxable benefits
    $21,027
    Filer's total
    $184,892

  • Cheri Fowler

    Chief Communications Officer

    Total calculated
    $250,236
    From this org
    $207,518
    From related orgs
    $0
    Other
    $42,718
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $160,018
    Bonus
    $47,500
    Other
    $0
    Deferred
    $30,085
    Nontaxable benefits
    $12,633
    Filer's total
    $250,236

  • Helen Milling-Carroll

    Chief Compliance Officer

    Total calculated
    $352,913
    From this org
    $298,957
    From related orgs
    $0
    Other
    $53,956
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $245,457
    Bonus
    $47,500
    Other
    $6,000
    Deferred
    $32,929
    Nontaxable benefits
    $21,027
    Filer's total
    $352,913

  • Katherine Noyes Milligan

    Chief Special Projects Officer

    Total calculated
    $498,268
    From this org
    $445,815
    From related orgs
    $0
    Other
    $52,453
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $389,915
    Bonus
    $47,500
    Other
    $8,400
    Deferred
    $35,700
    Nontaxable benefits
    $16,753
    Filer's total
    $498,268

  • Kimberly Weatherford

    Chief Operations Officer

    Total calculated
    $361,015
    From this org
    $326,207
    From related orgs
    $0
    Other
    $34,808
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $272,707
    Bonus
    $47,500
    Other
    $6,000
    Deferred
    $34,438
    Nontaxable benefits
    $370
    Filer's total
    $361,015

  • Mark Callahan

    Chief Facilities Maintenance Officer

    Total calculated
    $343,875
    From this org
    $293,847
    From related orgs
    $0
    Other
    $50,028
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $246,200
    Bonus
    $47,500
    Other
    $147
    Deferred
    $33,275
    Nontaxable benefits
    $16,753
    Filer's total
    $343,875

  • Nathan Prabhakar

    Executive Financial Officer

    Total calculated
    $263,885
    From this org
    $218,512
    From related orgs
    $0
    Other
    $45,373
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $176,012
    Bonus
    $42,500
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $14,873
    Filer's total
    $263,885

  • Paul Fulbright

    Senior Executive Officer

    Total calculated
    $498,161
    From this org
    $445,708
    From related orgs
    $0
    Other
    $52,453
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $385,300
    Bonus
    $47,500
    Other
    $12,908
    Deferred
    $35,700
    Nontaxable benefits
    $16,753
    Filer's total
    $498,161

  • Priscilla Welch

    Chief Medical Officer

    Total calculated
    $514,255
    From this org
    $470,843
    From related orgs
    $0
    Other
    $43,412
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $399,343
    Bonus
    $71,500
    Other
    $0
    Deferred
    $35,700
    Nontaxable benefits
    $7,712
    Filer's total
    $514,255

  • Tony R Megna

    Chief Executive Officer

    Total calculated
    $620,536
    From this org
    $562,536
    From related orgs
    $0
    Other
    $58,000
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $493,963
    Bonus
    $61,613
    Other
    $6,960
    Deferred
    $35,700
    Nontaxable benefits
    $22,300
    Filer's total
    $620,536

  • Warren M Matthews

    Chief of Pharmacy Operations

    Total calculated
    $340,505
    From this org
    $293,209
    From related orgs
    $0
    Other
    $47,296
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $243,976
    Bonus
    $47,500
    Other
    $1,733
    Deferred
    $26,269
    Nontaxable benefits
    $21,027
    Filer's total
    $340,505

  • Brent Baroody

    Physician OBGYN

    Total calculated
    $278,712
    From this org
    $249,649
    From related orgs
    $0
    Other
    $29,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,149
    Bonus
    $7,500
    Other
    $0
    Deferred
    $10,084
    Nontaxable benefits
    $18,979
    Filer's total
    $278,712

  • Brian Heaster

    Physician

    Total calculated
    $221,525
    From this org
    $202,959
    From related orgs
    $0
    Other
    $18,566
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,959
    Bonus
    $6,000
    Other
    $0
    Deferred
    $6,180
    Nontaxable benefits
    $12,386
    Filer's total
    $221,525

  • Michael W Barrett

    Physician

    Total calculated
    $218,125
    From this org
    $189,443
    From related orgs
    $0
    Other
    $28,682
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,654
    Bonus
    $5,789
    Other
    $0
    Deferred
    $7,655
    Nontaxable benefits
    $21,027
    Filer's total
    $218,125

  • Peter O'Kelly

    Physician

    Total calculated
    $330,274
    From this org
    $303,365
    From related orgs
    $0
    Other
    $26,909
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,192
    Bonus
    $33,173
    Other
    $0
    Deferred
    $9,215
    Nontaxable benefits
    $17,694
    Filer's total
    $330,274

  • Zoe Pogue

    Physician

    Total calculated
    $200,846
    From this org
    $196,908
    From related orgs
    $0
    Other
    $3,938
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $191,373
    Bonus
    $5,535
    Other
    $0
    Deferred
    $3,938
    Nontaxable benefits
    $0
    Filer's total
    $200,846

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

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3
The compensation committee of the GHC Board of Directors reviews and approves the compensation of the CEO and Medical Directors. State and National comparability data is used to assist in determining the appropriate compensation.

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202531349349304243

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.