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Nonprofiteer
← INGALLS MEMORIAL HOSPITAL

Form 990 for tax year 2022

Filed by INGALLS MEMORIAL HOSPITAL.

Totals

Total revenue
$326,126,048
Total expenses
$352,297,943
Contributions and grants received
$1,547,563
Grants paid
$159,350
Program service revenue
$319,991,733
Investment income
$2,452,022
Other revenue
$2,134,730
Total assets, end of year
$435,712,336
Total liabilities, end of year
$208,322,855
Net assets or fund balances, end of year
$227,389,481
Program services expenses (Part IX)
$312,220,948
Management and general expenses
$39,757,918
Fundraising expenses
$319,077
Program service expenses (Part III)
$312,220,948

Program services were 88.6% 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.

  • 1d · Related organizations

    $1,547,563

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $317,004,661 · related or exempt $317,004,661

  • 2b · Program service revenue: RENTAL INCOME

    total $1,655,736 · related or exempt $1,655,736

  • 2c · Program service revenue: LAB SERVICES

    total $730,710 · unrelated business $730,710

  • 2d · Program service revenue: FOOD SERVICE

    total $418,164 · related or exempt $418,164

  • 2e · Program service revenue: BONUS FROM IPG

    total $103,089 · related or exempt $103,089

  • 2f · All other program service revenue

    total $79,373 · related or exempt $79,373 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $784,929 · excluded $784,929

  • 6a · Gross rents

    real property $649,287

  • 6b · Less rental expenses

    real property $768,603

  • 6c · Rental income or loss

    real property -$119,316 · personal property $0

  • 6d · Net rental income or loss

    total -$119,316 · excluded -$119,316

  • 7a · Gross sales of assets other than inventory

    securities $1,667,093

  • 7c · Gain or loss

    securities $1,667,093 · other assets $0

  • 7d · Net gain or loss

    total $1,667,093 · excluded $1,667,093

  • 11a · Other revenue: 340B PROGRAM

    total $700,607 · related or exempt $700,607

  • 11b · Other revenue: BANK REBATES

    total $526,962 · related or exempt $526,962

  • 11c · Other revenue: MANAGEMENT FEES

    total $278,568 · related or exempt $278,568

  • 11d · All other revenue

    total $747,909 · related or exempt $747,909 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $2,254,046

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $116,000 · program services $116,000

  • 2 · Grants to domestic individuals

    total $43,350 · program services $43,350

  • 5 · Compensation of officers, directors and key employees

    total $477,365 · program services $79,144 · management and general $79,144 · fundraising $319,077

  • 7 · Other salaries and wages

    total $125,954,656 · program services $114,175,729 · management and general $11,778,927

  • 8 · Pension plan contributions

    total $2,632,655 · program services $2,414,291 · management and general $218,364

  • 9 · Other employee benefits

    total $10,393,916 · program services $8,863,958 · management and general $1,529,958

  • 10 · Payroll taxes

    total $7,509,495 · program services $6,833,601 · management and general $675,894

  • 11a · Fees: management

    total $4,085,223 · management and general $4,085,223

  • 11b · Fees: legal

    total $204,415 · management and general $204,415

  • 11c · Fees: accounting

    total $270,220 · management and general $270,220

  • 11d · Fees: lobbying

    total $33,685 · management and general $33,685

  • 11f · Fees: investment management

    total $618,005 · management and general $618,005

  • 11g · Fees: other

    total $52,528,993 · program services $42,880,298 · management and general $9,648,695 · fundraising $0

  • 12 · Advertising and promotion

    total $1,283,312 · management and general $1,283,312

  • 13 · Office expenses

    total $3,958,855 · program services $2,685,463 · management and general $1,273,392

  • 14 · Information technology

    total $13,608,049 · program services $9,491,877 · management and general $4,116,172

  • 16 · Occupancy

    total $5,198,759 · program services $4,773,120 · management and general $425,639

  • 17 · Travel

    total $90,577 · program services $58,158 · management and general $32,419

  • 20 · Interest

    total $3,131,542 · program services $3,131,542

  • 22 · Depreciation, depletion and amortization

    total $16,128,075 · program services $16,128,075

  • 23 · Insurance

    total $12,318,279 · program services $9,628,921 · management and general $2,689,358

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $61,373,294 · program services $61,350,075 · management and general $23,219

  • 24b · Other expenses: PUBLIC ASSESSMENT

    total $22,117,489 · program services $22,117,489

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $6,330,305 · program services $5,904,568 · management and general $425,737

  • 24d · Other expenses: LAUNDRY SERVICES

    total $1,079,325 · program services $1,078,319 · management and general $1,006

  • 24e · All other expenses

    total $812,104 · program services $466,970 · management and general $345,134 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,220 · end of year $5,220

  • 2 · Savings and temporary cash investments

    beginning of year $23,814 · end of year $22,802

  • 4 · Accounts receivable

    beginning of year $41,394,560 · end of year $39,263,221

  • 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 $6,777,269 · end of year $9,420,115

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,316,969 · end of year $1,716,266

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

    $307,357,659

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

    $103,253,141

  • 10c · Land, buildings and equipment, net

    beginning of year $196,154,818 · end of year $204,104,518

  • 11 · Investments: publicly traded securities

    beginning of year $129,349,004 · end of year $112,956,062

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $103,711,530 · end of year $68,224,132

  • 17 · Accounts payable and accrued expenses

    beginning of year $144,685,915 · end of year $103,365,052

  • 19 · Deferred revenue

    beginning of year $6,330,281 · end of year $7,150,629

  • 20 · Tax-exempt bond liabilities

    beginning of year $32,143,937 · end of year $30,280,334

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $61,371,463 · end of year $59,490,140

  • 25 · Other liabilities

    beginning of year $12,997,726 · end of year $8,036,700

  • 27 · Net assets without donor restrictions

    beginning of year $218,994,374 · end of year $225,249,979

  • 28 · Net assets with donor restrictions

    beginning of year $3,209,488 · end of year $2,139,502

Mission and programs · 2022

Mission

INGALLS MEMORIAL HOSPITAL IS A NONPROFIT ACUTE CARE HOSPITAL ORGANIZED FOR THE PURPOSE OF PROVIDING PATIENT CARE, EDUCATION, RESEARCH, AND ASSISTANCE TO UCM COMMUNITY HEALTH & HOSPITAL DIVISION.

Activities or mission (Part I)

INGALLS MEMORIAL HOSPITAL IS A NONPROFIT ACUTE CARE HOSPITAL ORGANIZED FOR THE PURPOSE OF PROVIDING PATIENT CARE, EDUCATION, AND RESEARCH.

  • INGALLS MEMORIAL (IMH) INCLUDES A 400+ CERTIFIED BED HOSPITAL AND A NETWORK OF COMPREHENSIVE OUTPATIENT CENTERS THAT FEATURE A FULL ARRAY OF HIGH-TECH DIAGNOSTIC AND TREATMENT SERVICES. IMH MAKES SURE THAT OUR RESOURCES ARE DIRECTED TO AREAS THAT RESULT IN THE GREATEST BENEFIT TO OUR PATIENTS AND THE COMMUNITY.

    Expenses $235,244,086 · Revenue $236,109,353

  • OPEN FOR FY2023: THE PHARMACY PROVIDES SERVICES TO BOTH OUR INPATIENTS AND INFUSION CENTER PATIENTS. INCLUDED IN THE SERVICES PROVIDED ARE ANTIBIOTIC DOSING, DOSING BASED ON KIDNEY FUNCTION, BLOOD GLUCOSE MANAGEMENT, AND ANTICOAGULANT DOSING AND MONITORING. THE INPATIENT PHARMACY IS OPEN 24/7. WE PROCESS APPROXIMATELY 44,600 MEDICATION ORDERS AND MAKE 4,300 INTERVENTIONS PER MONTH.

    Expenses $40,931,203 · Revenue $45,903,993

  • IMH PERFORMS AN ARRAY OF SURGICAL SERVICES INCLUDING ELECTIVE, NON-ELECTIVE, COMPLEX AND HIGHLY SPECIALIZED PROCEDURES. SURGEONS ON STAFF AT INGALLS SPECIALIZE IN EVERY AREA OF SURGERY, INCLUDING, BUT NOT LIMITED TO CARDIOTHORACIC SURGERY, ORTHOPEDIC SURGERY, NEUROSURGERY, SPINE SURGERY, GENERAL SURGERY, AND VASCULAR SURGERY. IN FY2023 INGALLS PERFORMED OVER 1,000 INPATIENT SURGERIES AND 2,100 AMBULATORY SURGERIES.

    Expenses $19,520,694 · Revenue $19,786,878

  • OTHER PROGRAM SERVICES RELATED TO THE PROVISION OF HEALTHCARE INCLUDE LABORATORY SERVICES, PATIENT FINANCIAL SERVICES, COST OF FACILITIES, MALPRACTICE INSURANCE, AND OTHER SUPPORT SERVICES.

    Expenses $16,524,965 · Grants $159,350 · Revenue $19,714,845

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dennis Irvin

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Emily Chase

    INTERIM PRESIDENT (7/10/22 THRU 3/7/23)

    Total calculated
    $957,706
    From this org
    $0
    From related orgs
    $814,302
    Other
    $143,404
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $533,446 related
    Bonus
    $0 + $240,486 related
    Other
    $0 + $40,370 related
    Deferred
    $0 + $105,854 related
    Nontaxable benefits
    $0 + $37,550 related
    Filer's total
    $0 + $957,706 related

  • Gretchen Pacholek

    BOARD MEMBER/VP PATIENT CARE & CNO, INGALLS (EFF. 9/6/22)

    Total calculated
    $305,450
    From this org
    $0
    From related orgs
    $281,868
    Other
    $23,582
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $222,778 related
    Bonus
    $0 + $44,800 related
    Other
    $0 + $14,290 related
    Deferred
    $0 + $23,582 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $305,450 related

  • Kevin M Purcell

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Michael Antoniades

    INTERIM PRESIDENT, INGALLS (EFF. 3/7/23)

    Total calculated
    $0
    Hours/week
    40 + 4 related

  • Randy Neiswonger

    PRESIDENT IMH (THRU 7/10/22)

    Total calculated
    $425,007
    From this org
    $388,177
    From related orgs
    $0
    Other
    $36,830
    Hours/week
    40 + 7 related

    Schedule J breakdown matched by us

    Base
    $257,241
    Bonus
    $127,836
    Other
    $3,100
    Deferred
    $7,947
    Nontaxable benefits
    $28,883
    Filer's total
    $425,007

  • Samuel J Cutrara Jr

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dorothy Jones MD

    BOARD MEMBER (THRU 12/31/2022)

    Total calculated
    $0
    Hours/week
    1

  • Engin Yilmaz MD

    BOARD MEMBER

    Total calculated
    $298,020
    From this org
    $0
    From related orgs
    $275,322
    Other
    $22,698
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,734 related
    Bonus
    $0 + $23,588 related
    Other
    $0
    Deferred
    $0 + $22,075 related
    Nontaxable benefits
    $0 + $623 related
    Filer's total
    $0 + $298,020 related

  • Francis Almeda MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Henry Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kaveh Rahmani Do

    BOARD MEMBER (EFF. 1/1/23)

    Total calculated
    $601,107
    From this org
    $0
    From related orgs
    $572,067
    Other
    $29,040
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $376,577 related
    Bonus
    $0 + $195,301 related
    Other
    $0 + $188 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $13,790 related
    Filer's total
    $0 + $601,106 related

  • Mark Kozloff MD

    BOARD MEMBER

    Total calculated
    $702,228
    From this org
    $0
    From related orgs
    $652,231
    Other
    $49,997
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $400,417 related
    Bonus
    $0 + $229,317 related
    Other
    $0 + $22,497 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $34,747 related
    Filer's total
    $0 + $702,228 related

  • Mildred Williams-Reid

    BOARD MEMBER (THRU 12/31/2022)

    Total calculated
    $0
    Hours/week
    1

  • Nathaniel Sutton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Paula Jackson

    BOARD MEMBER (EFF. 1/1/23)

    Total calculated
    $0
    Hours/week
    1

  • Stephen Weber MD

    BOARD MEMBER

    Total calculated
    $1,237,172
    From this org
    $0
    From related orgs
    $1,060,835
    Other
    $176,337
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $723,563 related
    Bonus
    $0 + $221,297 related
    Other
    $0 + $115,975 related
    Deferred
    $0 + $146,950 related
    Nontaxable benefits
    $0 + $29,387 related
    Filer's total
    $0 + $1,237,171 related

  • Thomas Jackiewicz

    BOARD MEMBER/PRESIDENT UCMC (EFF. 7/1/22)

    Total calculated
    $2,638,594
    From this org
    $0
    From related orgs
    $2,303,568
    Other
    $335,026
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,636,423 related
    Bonus
    $0 + $616,836 related
    Other
    $0 + $50,309 related
    Deferred
    $0 + $323,694 related
    Nontaxable benefits
    $0 + $11,333 related
    Filer's total
    $0 + $2,638,595 related

  • Ann McColgan

    ASSISTANT TREASURER (THRU 5/1/23)

    Total calculated
    $541,441
    From this org
    $0
    From related orgs
    $453,543
    Other
    $87,898
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $275,729 related
    Bonus
    $0 + $68,220 related
    Other
    $0 + $109,594 related
    Deferred
    $0 + $49,787 related
    Nontaxable benefits
    $0 + $38,111 related
    Filer's total
    $0 + $541,441 related

  • Ivan Samstein

    CHIEF FINANCIAL OFFICER

    Total calculated
    $1,404,762
    From this org
    $0
    From related orgs
    $1,193,414
    Other
    $211,348
    Hours/week
    1 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $873,834 related
    Bonus
    $0 + $287,750 related
    Other
    $0 + $31,830 related
    Deferred
    $0 + $176,154 related
    Nontaxable benefits
    $0 + $35,194 related
    Filer's total
    $0 + $1,404,763 related

  • Michelle Salomon

    ASSISTANT TREASURER (EFF. 5/2/23)

    Total calculated
    $0
    Hours/week
    1 + 45 related

  • Tomasz Samek

    ASSISTANT SECRETARY

    Total calculated
    $282,752
    From this org
    $0
    From related orgs
    $246,895
    Other
    $35,857
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $221,439 related
    Bonus
    $0 + $25,084 related
    Other
    $0 + $373 related
    Deferred
    $0 + $16,856 related
    Nontaxable benefits
    $0 + $19,001 related
    Filer's total
    $0 + $282,753 related

  • Paul Donohue

    VP PHILANTHROPY AND COMMUNITY

    Total calculated
    $320,518
    From this org
    $252,250
    From related orgs
    $0
    Other
    $68,268
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,047
    Bonus
    $39,168
    Other
    $4,035
    Deferred
    $19,810
    Nontaxable benefits
    $48,458
    Filer's total
    $320,518

  • Jennifer Ariado

    REGISTERED NURSE

    Total calculated
    $273,616
    From this org
    $217,696
    From related orgs
    $0
    Other
    $55,920
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,080
    Bonus
    $10,555
    Other
    $61
    Deferred
    $6,878
    Nontaxable benefits
    $49,041
    Filer's total
    $273,616

  • Kristine Shields

    DIRECTOR, OCCUPATIONAL MEDICINE AND URGENT AID SERVICES

    Total calculated
    $212,750
    From this org
    $209,434
    From related orgs
    $0
    Other
    $3,316
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,005
    Bonus
    $20,859
    Other
    $570
    Deferred
    $3,316
    Nontaxable benefits
    $0
    Filer's total
    $212,750

  • Mary Jo Crandall

    VP OPERATIONS

    Total calculated
    $295,829
    From this org
    $278,731
    From related orgs
    $0
    Other
    $17,098
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,014
    Bonus
    $28,679
    Other
    $2,038
    Deferred
    $17,098
    Nontaxable benefits
    $0
    Filer's total
    $295,829

  • Negin Kiyavash

    DIRECTOR OF PHARMACY

    Total calculated
    $248,762
    From this org
    $218,059
    From related orgs
    $0
    Other
    $30,703
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,385
    Bonus
    $22,415
    Other
    $259
    Deferred
    $6,099
    Nontaxable benefits
    $24,604
    Filer's total
    $248,762

  • Poonam Desai

    EXECUTIVE DIRECTOR, AMBULATORY

    Total calculated
    $289,584
    From this org
    $235,951
    From related orgs
    $0
    Other
    $53,633
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,639
    Bonus
    $26,134
    Other
    $178
    Deferred
    $6,198
    Nontaxable benefits
    $47,435
    Filer's total
    $289,584

  • Douglas Saegesser

    FORMER VP OF FINANCE (THRU 9/8/2021)

    Total calculated
    $276,870
    From this org
    $253,258
    From related orgs
    $0
    Other
    $23,612
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $253,258
    Deferred
    $0
    Nontaxable benefits
    $23,612
    Filer's total
    $276,870

  • Richard W Silveria

    FORMER CHIEF FINANCIAL OFFICER (THRU 4/22/21)

    Total calculated
    $251,969
    From this org
    $0
    From related orgs
    $251,969
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $251,969 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $251,969 related

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 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4a Severance or change-of-control payment
IN CALENDAR YEAR 2022, RICHARD SILVERIA AND DOUGLAS SAEGESSER RECEIVED SEVERANCE PAYMENTS FOLLOWING THEIR TERMINATION OF EMPLOYMENT ($251,969 TO RICHARD SILVERIA AND $258,060 TO DOUGLAS SAEGESSER).
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO WHICH UCMC MAKES ANNUAL CONTRIBUTIONS. THESE CONTRIBUTIONS ARE AT RISK AND DO NOT BECOME VESTED AND PAYABLE UNLESS AND UNTIL THE INDIVIDUAL SATISFIES A SUBSTANTIAL FUTURE SERVICE REQUIREMENT. THE FOLLOWING INDIVIDUALS HAD CONTRIBUTIONS MADE TO THE PLAN IN JANUARY 2023 FOR CALENDAR YEAR 2022: ANN MCCOLGAN EMILY CHASE GRETCHEN PACHOLEK IVAN SAMSTEIN MARY JO CRANDALL PAUL DONOHUE STEPHEN WEBER THOMAS JACKIEWICZ THE FOLLOWING INDIVIDUALS BECAME VESTED IN, AND WERE TAXED ON, AMOUNTS PREVIOUSLY CREDITED UNDER THE PLAN TO THE INDIVIDUAL FOR SERVICES PROVIDED TO THE ORGANIZATION IN PRIOR YEARS (INCLUDED IN THE 2022 W-2'S): ANN MCCOLGAN - $29,271 STEPHEN WEBER - $115,975
Schedule J, Part I, Line 7 Non-fixed payments
SEVEN PERSONS LISTED IN PART VII, SECTION A, LINE 1A RECEIVED NON-FIXED NON-RECURRING PAYMENTS DURING CALENDAR YEAR 2022. THESE NON-FIXED PAYMENTS ARE RELATED TO PERFORMANCE BONUSES.
Schedule J, Part II
TAXABLE INCOME REPORTED IN COLUMN (B) MAY INCLUDE PAYMENTS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). IN MOST CASES, THESE PAYMENTS WERE EARNED OVER MANY YEARS OF EMPLOYMENT AND THE AMOUNTS HAD PREVIOUSLY BEEN SUBJECT TO VESTING RULES. SERP PAYMENT AMOUNTS EARNED IN PRIOR YEARS WERE PREVIOUSLY REPORTED ON THE FORM 990 AS DEFERRED COMPENSATION AND ARE REPORTED IN THIS 2022 FORM 990 ON SCHEDULE J, PART II, COLUMN (F). AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD ANNUALLY REVIEWS THESE BENEFITS IN COMPARISON TO MARKET DATA AND HAS CONCLUDED THAT THESE BENEFITS AND ALL OTHER FORMS OF COMPENSATION PROVIDED TO THESE INDIVIDUALS ARE REASONABLE. The independent compensation committee of the board conducts its review and approval of all executive compensation, including these SERP amounts, in a manner that qualifies for the rebuttable presumption of reasonableness under federal tax law. This is a rigorous review process designed for tax-exempt organizations by the Internal Revenue Service, and it means that the board compensation committee does not have any conflicts of interest, and relies on market data compiled by an independent compensation consultant to support all executive pay as market competitive and reasonable. FOR THE INDIVIDUALS LISTED ON SCHEDULE J, PART II THAT ARE IDENTIFIED AS FORMER OFFICERS OR KEY EMPLOYEES, THE COMPENSATION LISTED IS EITHER THE FAIR MARKET VALUE COMPENSATION PAID TO THEM FOR SERVICES THEY PERFORMED AS ACTIVE EMPLOYEES OF IMH OR A RELATED ORGANIZATION (AND WAS NOT PAID TO THEM DUE TO THEIR FORMERLY HAVING BEEN LISTED AS OFFICERS OR KEY EMPLOYEES), OR COMPENSATION AS A COMBINATION OF SERVICES AND SEVERANCE: RICHARD SILVERIA AND DOUGLAS SAEGESSER.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

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

  • ADVENTIST MIDWESTUSP SURGERY CENTERS LLC

    N/A · SURGERY CENTER · IL

    Directly controlled by NA

  • INGALLS SAME DAY SURGERY CTR

    N/A · SURGERY CENTER · IL

    Directly controlled by NA

  • UCMC-SOLIS ON-CAMPUS MAMMOGRAPHY LLC

    N/A · MAMMOGRAPHY · DE

    Directly controlled by NA

  • UCMC-SOLIS OFF-CAMPUS MAMMOGRAPHY SERVICES LLC

    N/A · MAMMOGRAPHY · DE

    Directly controlled by NA

  • PABHS-UCM MSO JV LLC

    N/A · RADIOLOGY ONCOLOGY · IL

    Directly controlled by NA

  • PABHS-UCM RADONC JV

    N/A · RADIOLOGY ONCOLOGY · IL

    Directly controlled by NA

Related corporations and trusts

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

  • CHARITABLE LEAD TRUST (0)

    Trust · CHAR LEAD TRUST · IL

    Directly controlled by NA

  • CHARITABLE REMAINDER TRUSTS (68)

    Trust · CHAR RMDR TRUST · IL

    Directly controlled by NA

  • INGALLS CASUALTY INSURANCE LTD

    C Corporation · LIAB INSURANCE · CJ

    Directly controlled by NA

  • INGALLS HEALTH COUNCIL

    C Corporation · PURCHASING GROUP · IL

    Directly controlled by NA

  • INGALLS PROVIDER GROUP

    C Corporation · INSURANCE SERVICE · IL · 100% owned · share of income $11,717,423 · share of assets $1,830,329 · controlled entity

    Directly controlled by NA

  • MEDCENTRIX INC

    C Corporation · BILLING & MGMT · IL

    Directly controlled by NA

  • PHOENIX OVERLAY FUND LTD

    INVESTMENT · CJ

    Directly controlled by NA

  • POOLED INCOME FUND (1)

    C Corporation · POOLED INCO FUND · IL

    Directly controlled by NA

  • SC CURRICULUM INC

    C Corporation · SCNC CURRICULUM · IL

    Directly controlled by NA

  • UCHICAGO (BEIJING) CONSULTING CO LTD

    CONSULTING · CH

    Directly controlled by NA

  • UCHICAGO CENTER IN INDIA PRIVATE LIMITED

    C Corporation · CONSULTING · IN

    Directly controlled by NA

  • TRULEN INSURANCE SPC LIMITED

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

  • EMPLOYED PHYSICIANS SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC LTD

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

  • HPL-GL SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC LTD

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

  • NON-EMPLOYED PHYSICIANS SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC L TD

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202401349349306430

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