Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PROGRAM SERVICES

  total $3,045,193 · related or exempt $3,045,193

• 2b · Program service revenue: MEDICARE/MEDICAID PAYM

  total $1,623,628 · related or exempt $1,623,628

• 3 · Investment income

  total $2 · related or exempt $2

• 11a · Other revenue: BED RESERVATION FEES

  total $275,625 · related or exempt $275,625

• 11b · Other revenue: CAFETERIA

  total $1,422 · excluded $1,422

• 11c · Other revenue: MISCELLANEOUS

  total $408 · excluded $408

• 11e · Other revenue, total

  $277,455

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $2,766,610 · program services $2,421,172 · management and general $345,438

• 9 · Other employee benefits

  total $42,776 · program services $37,435 · management and general $5,341

• 10 · Payroll taxes

  total $204,336 · program services $178,823 · management and general $25,513

• 11b · Fees: legal

  total $15,199 · management and general $15,199

• 11c · Fees: accounting

  total $74,346 · management and general $74,346

• 12 · Advertising and promotion

  total $465 · program services $465

• 13 · Office expenses

  total $14,627 · management and general $14,627

• 16 · Occupancy

  total $371,757 · program services $353,169 · management and general $18,588

• 22 · Depreciation, depletion and amortization

  total $13,190 · program services $13,190

• 23 · Insurance

  total $136,414 · program services $136,414

• 24a · Other expenses: CONTRACT SERVICES

  total $1,931,269 · program services $1,722,620 · management and general $208,649

• 24b · Other expenses: BAD DEBTS

  total $317,124 · management and general $317,124

• 24c · Other expenses: FOOD

  total $230,874 · program services $230,874

• 24d · Other expenses: DRUGS

  total $221,774 · program services $221,774

• 24e · All other expenses

  total $505,479 · program services $462,822 · management and general $42,657

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year -$1,361 · end of year $236,777

• 4 · Accounts receivable

  beginning of year $616,797 · end of year $958,560

• 8 · Inventories for sale or use

  beginning of year $6,930 · end of year $2,518

• 9 · Prepaid expenses and deferred charges

  end of year $139,247

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

  $2,322,945

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

  $2,314,143

• 10c · Land, buildings and equipment, net

  beginning of year $11,998 · end of year $8,802

• 15 · Other assets

  beginning of year $68,612 · end of year $44,463

• 17 · Accounts payable and accrued expenses

  beginning of year $8,797,776 · end of year $11,385,129

• 19 · Deferred revenue

  beginning of year $1,500 · end of year $1,500

• 27 · Net assets without donor restrictions

  beginning of year -$8,096,300 · end of year -$9,996,262

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART II, COLUMN (B)(III)

EXPLANATION OF PART II, COLUMN (B)(III) OTHER COMPENSATION JAMES K. ELROD VALUE ADDED FOR COMPUTER USAGE-$200 VALUE ADDED FOR CELL PHONE USAGE-$1,121 COST OF GROUP TERM LIFE INSURANCE IN EXCESS OF $50,000-$4,820 SECTION 457(B) DEFERRED COMPENSATION PLAN-$20,500 EMPLOYEE CAFETERIA PLAN CONTRIBUTIONS-$(1,319) TOTAL--$25,322 JERRY A. FIELDER,II UNUSED SICK PAY-$21,808 VALUE ADDED FOR COMPUTER USAGE-$200 VALUE ADDED FOR CELL PHONE USAGE-$1,042 COST OF GROUP TERM LIFE INSURANCE IN EXCESS OF $50,000-$2,359 SECTION 457(B) DEFERRED COMPENSATION PLAN-$20,500 EMPLOYEE CAFETERIA PLAN CONTRIBUTIONS-$(7,570) VALUE ADDED FOR CABLE/INTERNET- $2,158 SEVERANCE PAY-$1,417,500** TOTAL--$1,457,997 **THE INCREASE IN GROSS SEVERANCE BENEFIT, TO BE PAID TO MR. FIELDER ON TERMINATION OF EMPLOYMENT (AS ADDITIONAL COMPENSATION FOR EACH OF HIS YEARS OF SERVICE TO WILLIS-KNIGHTON MEDICAL CENTER), WAS TAXABLE DURING 2022, AND ACCORDINGLY, WAS INCLUDED IN HIS 2022 FORM W-2. WILLIS-KNIGHTON DISBURSED TO THE INTERNAL REVENUE SERVICE AND TO THE LOUISIANA DEPARTMENT OF REVENUE THE REQUIRED TAX WITHHOLDING. WILLIS-KNIGHTON DID NOT PAY MR. FIELDER THE NET-OF-TAX AMOUNT OF THIS COMPENSATION, BUT, UNDER THE TERMS OF THE AGREEMENT, THE MEDICAL CENTER IS RETAINING THE NET-OF-TAX AMOUNT UNTIL HIS EMPLOYMENT TERMINATES. ACCORDINGLY, THERE WAS NO CURRENT DISBURSEMENT TO MR. FIELDER FOR SEVERANCE PAY. PIERRE V. BLANCHARD,IV, M.D. VALUE ADDED FOR HEALTH & FITNESS USAGE-$384 SECTION 457(B) DEFERRED COMPENSATION PLAN-$20,500 COST OF GROUP TERM LIFE INSURANCE IN EXCESS OF $50,000-$3,214 SHARED SAVINGS QUALITY PROGRAM-$9,201 EMPLOYEE CAFETERIA PLAN CONTRIBUTIONS-$(1,760) TOTAL--$31,539 EXPLANATION OF PART II, COLUMN (C) DEFERRED COMPENSATION THIS EMPLOYEE PARTICIPATES IN A DEFINED BENEFIT PENSION PLAN, THE CONTRIBUTIONS TO WHICH ARE ACTUARIALLY DETERMINED. THE AMOUNT SHOWN IS THE INCREASE IN THE ANNUAL VESTED BENEFIT AT NORMAL RETIREMENT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2022 (NOT DISCOUNTED TO PRESENT VALUE) (NORMAL RETIREMENT IS AGE 65 WITH 5 YEARS OF PARTICIPATION). MR. ELROD HAS REACHED THE MAXIMUM BENEFIT UNDER THE PLAN. EXPLANATION OF PART II, COLUMN (D) NONTAXABLE BENEFITS INCLUDED IN THIS COLUMN IS THE COST OF THE FOLLOWING NONTAXABLE BENEFITS: LONG-TERM DISABILITY INCOME INSURANCE PLAN, GROUP TERM-LIFE INSURANCE, AND THE ESTIMATED COST OF SELF-FUNDED HEALTH INSURANCE PLAN.

Related corporations and trusts

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

• HEALTH PLUS OF LOUISIANA INC

  C · THIRD-PARTY ADMINISTRATOR · LA

  Directly controlled by WILLIS-KNIGHTON MEDICAL CENTER

• HPL INSURANCE AGENCY INC

  C · HEALTH INSURANCE AGENT · LA

  Directly controlled by HEALTH PLUS OF LOUISIANA INC