Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $401,331

• 1e · Government grants (contributions)

  $466,477

• 2a · Program service revenue: NET PATIENT REVENUE

  total $104,677,068 · related or exempt $104,677,068

• 2b · Program service revenue: PASSTHROUGH INCOME

  total $118,209 · related or exempt $118,209

• 3 · Investment income

  total $981,648 · excluded $981,648

• 6a · Gross rents

  real property $935,986

• 6b · Less rental expenses

  real property $507,161

• 6c · Rental income or loss

  real property $428,825

• 6d · Net rental income or loss

  total $428,825 · unrelated business -$13,404 · excluded $442,229

• 7a · Gross sales of assets other than inventory

  other assets $17,571

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

  other assets $4,736

• 7c · Gain or loss

  other assets $12,835

• 7d · Net gain or loss

  total $12,835 · excluded $12,835

• 11a · Other revenue: CAFETERIA AND VENDING SALES

  total $446,118 · excluded $446,118

• 11b · Other revenue: HPSA INCENTIVES

  total $56,047 · related or exempt $56,047

• 11c · Other revenue: OUTREACH

  total $55,435 · related or exempt $55,435

• 11d · All other revenue

  total $47,140 · related or exempt $15,484 · unrelated business $24,629 · excluded $7,027

• 11e · Other revenue, total

  $604,740

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $82,900 · program services $82,900

• 5 · Compensation of officers, directors and key employees

  total $2,008,314 · management and general $2,008,314

• 7 · Other salaries and wages

  total $23,037,024 · program services $19,516,697 · management and general $3,421,159 · fundraising $99,168

• 8 · Pension plan contributions

  total $1,060,995 · program services $898,234 · management and general $158,271 · fundraising $4,490

• 9 · Other employee benefits

  total $10,955,154 · program services $8,706,311 · management and general $2,205,262 · fundraising $43,581

• 10 · Payroll taxes

  total $2,124,807 · program services $1,660,583 · management and general $455,923 · fundraising $8,301

• 11b · Fees: legal

  total $114,222 · management and general $114,222

• 11c · Fees: accounting

  total $144,020 · management and general $144,020

• 11f · Fees: investment management

  total $68,898 · management and general $68,898

• 11g · Fees: other

  total $27,267,095 · program services $23,244,491 · management and general $4,018,335 · fundraising $4,269

• 12 · Advertising and promotion

  total $231,597 · program services $19,756 · management and general $211,841

• 13 · Office expenses

  total $3,557,226 · program services $2,074,675 · management and general $1,481,294 · fundraising $1,257

• 16 · Occupancy

  total $8,062,660 · program services $4,160,447 · management and general $3,902,213

• 17 · Travel

  total $141,741 · program services $130,958 · management and general $9,912 · fundraising $871

• 19 · Conferences, conventions and meetings

  total $647,531 · program services $579,766 · management and general $67,765

• 20 · Interest

  total $449,901 · management and general $449,901

• 22 · Depreciation, depletion and amortization

  total $4,093,783 · program services $3,602,529 · management and general $491,254

• 23 · Insurance

  total -$390,685 · management and general -$390,685

• 24a · Other expenses: MEDICAL SUPPLIES

  total $11,193,043 · program services $11,186,548 · management and general $6,495

• 24b · Other expenses: BAD DEBT EXPENSE

  total $5,135,706 · program services $5,135,706

• 24c · Other expenses: PHYSICIAN RECRUITMENT

  total $48,108 · management and general $48,108

• 24d · Other expenses: AWARDS & RECOGNITION

  total $22,770 · management and general $22,770

• 24e · All other expenses

  total $71,458 · program services $26,293 · management and general $45,165

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $355,882 · end of year $344,569

• 2 · Savings and temporary cash investments

  beginning of year $16,992,626 · end of year $19,004,050

• 4 · Accounts receivable

  beginning of year $15,762,956 · end of year $16,491,239

• 8 · Inventories for sale or use

  beginning of year $1,494,730 · end of year $1,497,138

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,252,750 · end of year $1,745,824

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

  $105,685,614

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

  $78,029,550

• 10c · Land, buildings and equipment, net

  beginning of year $28,348,038 · end of year $27,656,064

• 11 · Investments: publicly traded securities

  beginning of year $15,068,508 · end of year $16,349,760

• 13 · Investments: program-related

  beginning of year $2,766,361 · end of year $3,190,053

• 15 · Other assets

  beginning of year $2,224,379 · end of year $1,598,341

• 17 · Accounts payable and accrued expenses

  beginning of year $7,266,867 · end of year $6,901,868

• 20 · Tax-exempt bond liabilities

  beginning of year $2,051,282 · end of year $7,953,014

• 23 · Secured mortgages and notes payable

  beginning of year $6,496,557 · end of year $5,836,302

• 25 · Other liabilities

  beginning of year $12,211,984 · end of year $10,853,605

• 27 · Net assets without donor restrictions

  beginning of year $57,239,540 · end of year $56,332,249

The filer's explanations (Part III)

PART I, LINE 1A

JOINT TOWNSHIP DISTRICT MEMORIAL HOSPITAL PROVIDES A PORTION OF YMCA DUES TO THE OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES; HOWEVER, THIS IS AN EMPLOYEE BENEFIT AVAILABLE TO ALL ELIGIBLE EMPLOYEES OF JOINT TOWNSHIP DISTRICT MEMORIAL HOSPITAL TO PROMOTE COMMUNITY WELLNESS (ONE OF THE PEOPLE LISTED IN PART VII, SECTION A, LINE 1A RECEIVED THIS BENEFIT). THE YMCA DUES WERE NOT INCLUDED IN THE RECIPIENT'S COMPENSATION.

PART I, LINE 4B

KEVIN HARLAN, THE FORMER PRESIDENT, HAS RECEIVED A PAYOUT FROM THE NON QUALIFIED RETIREMENT PLAN OF $234,664 IN THE CURRENT YEAR DUE TO HIS DEPARTURE FROM JOINT TOWNSHIP DISTRICT MEMORIAL HOSPITAL. THE PLAN IS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN WHICH INCLUDES AN INCENTIVE BONUS COMPONENT, MAINTAINED BY A RELATED ORGANIZATION FOR KEY EMPLOYEES OF THE RELATED ORGANIZATION. THE VESTING SCHEDULE FOR EACH PARTICIPANT IS DETERMINED BY THE TERMS OF THEIR INDIVIDUAL EMPLOYMENT CONTRACTS. THERE ARE CERTAIN CIRCUMSTANCES WHERE A PARTICIPANT WILL FORFEIT ANY AND ALL OF THE COMPANY CONTRIBUTIONS MADE INTO THE PLAN INCLUDING ENGAGING IN ACTIVITIES WHICH ARE DEEMED TO BE SIGNIFICANTLY COMPETITIVE WITH THE COMPANY WITHIN A 50 MILE RADIUS OF ANY EXISTING OFFICE, IF IT IS DEEMED THE PARTICIPANT ACTED IN A DISHONEST WAY, BREACHES HIS OR HER FIDUCIARY OBLIGATIONS, CONVICTED OF A FELONY INVOLVING SIGNIFICANT MORAL TURPITUDE, OR OTHER ACTS WHICH WOULD CAUSE THE COMPANY SUBSTANTIAL HARM.

PART I, LINE 7

EMPLOYEE'S BONUSES ARE DETERMINED AT THE DISCRETION OF THE PRESIDENT.

Related partnerships

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

• JTDMH PAIN MANAGEMENT LLC

  RELATED · PAIN MANAGEMENT SERVICES · OH · 51% owned · share of income $28,711 · share of assets $230,262 · general or managing partner

  Directly controlled by JOINT TOWNSHIP DISTRICT MEMORIAL HOSPITAL

Related corporations and trusts

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

• JTDM FAMILY PRACTICE LLC

  C · PHYSICIANS PROVIDING MEDICAL SERVICES · OH · 100% owned · share of income -$9,187,862 · share of assets $9,296,795 · controlled entity

  Directly controlled by JOINT TOWNSHIP DISTRICT MEMORIAL HOSPITAL