Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $212,452

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $19,992,703 · related or exempt $19,992,703

• 2f · All other program service revenue

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

• 3 · Investment income

  total $34 · excluded $34

• 6a · Gross rents

  real property $888,037

• 6c · Rental income or loss

  real property $888,037 · personal property $0

• 6d · Net rental income or loss

  total $888,037 · excluded $888,037

• 7c · Gain or loss

  securities $0 · other assets $0

• 11a · Other revenue: Purchase Discounts

  total $965 · excluded $965

• 11b · Other revenue: Other Misc Revenue

  total $1,049 · excluded $1,049

• 11d · All other revenue

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

• 11e · Other revenue, total

  $2,014

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $278,475 · program services $233,919 · management and general $44,556

• 7 · Other salaries and wages

  total $8,048,261 · program services $6,760,539 · management and general $1,287,722

• 8 · Pension plan contributions

  total $471,651 · program services $396,187 · management and general $75,464

• 9 · Other employee benefits

  total $1,746,813 · program services $1,467,323 · management and general $279,490

• 10 · Payroll taxes

  total $600,616 · program services $504,517 · management and general $96,099

• 11g · Fees: other

  total $190,152 · program services $190,152 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $195,208 · program services $163,975 · management and general $31,233

• 16 · Occupancy

  total $599,495 · program services $503,576 · management and general $95,919

• 17 · Travel

  total $1,544 · program services $1,297 · management and general $247

• 22 · Depreciation, depletion and amortization

  total $559,827 · program services $470,255 · management and general $89,572

• 23 · Insurance

  total $389,437 · program services $327,127 · management and general $62,310

• 24a · Other expenses: Shared Services allocation

  total $3,898,061 · program services $3,274,371 · management and general $623,690

• 24b · Other expenses: PURCHASED SERVICES

  total $1,962,395 · program services $1,648,412 · management and general $313,983

• 24c · Other expenses: MEDICAL SUPPLIES

  total $1,191,586 · program services $1,191,586

• 24d · Other expenses: REPAIRS & MAINTENAnCE

  total $845,024 · program services $709,820 · management and general $135,204

• 24e · All other expenses

  total $45,609 · program services $42,405 · management and general $3,204 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,817 · end of year $1,817

• 2 · Savings and temporary cash investments

  beginning of year $125,837 · end of year $178,219

• 4 · Accounts receivable

  beginning of year $2,425,885 · end of year $4,670,298

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $61,326 · end of year $69,531

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,765 · end of year $0

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

  $29,597,285

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

  $23,110,082

• 10c · Land, buildings and equipment, net

  beginning of year $6,072,048 · end of year $6,487,203

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $5,843,971 · end of year $5,059,390

• 15 · Other assets

  beginning of year $46,672,615 · end of year $65,047,128

• 17 · Accounts payable and accrued expenses

  beginning of year $2,546,639 · end of year $427,416

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $63,923,460 · end of year $88,060,637

• 27 · Net assets without donor restrictions

  beginning of year -$9,738,676 · end of year -$11,450,308

• 28 · Net assets with donor restrictions

  beginning of year $4,475,841 · end of year $4,475,841

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

FOR FISCAL YEAR ENDING JUNE 30, 2023, COMPENSATION (SALARIES AND INCENTIVES) FOR THE CEO, EXECUTIVE DIRECTOR OR THE TOP MANAGEMENT OFFICIAL OF THE FILING ORGANIZATION, IS APPROVED BY THE CEO OF THE HEALTH SYSTEM. THE ORGANIZATION USES A THIRD PARTY COMPENSATION CONSULTING FIRM TO CONDUCT A MARKET STUDY TO DETERMINE MARKET POSITION. THE ORGANIZATION MAY ALSO CONDUCT A 360 DEGREE EVALUATION OF ALL SENIOR LEVEL ADMINISTRATORS. THESE DATA ELEMENTS IN CONJUNCTION WITH A REVIEW OF THE INDIVIDUAL'S PERFORMANCE AND THE ATTAINMENT OF GOALS FOR THE YEAR, ARE THE BASIS FOR COMPENSATION RECOMMENDATIONS. THE COMPENSATION COMMITTEE OF THE VCUHS BOARD OF DIRECTORS DISCUSSES THE MATTER AND PRESENTS RECOMMENDATIONS TO THE CEO OF THE HEALTH SYSTEM.