Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $0

• 1b · Membership dues

  $0

• 1c · Fundraising events

  $0

• 1d · Related organizations

  $0

• 1e · Government grants (contributions)

  $97,628

• 1f · All other contributions, gifts and grants

  $0

• 1g · Noncash contributions included above

  $0

• 2a · Program service revenue: ROUTINE & ANCILLARY PATIENT SRVC

  total $85,241,465 · related or exempt $85,241,465 · unrelated business $0 · excluded $0

• 2b · Program service revenue

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

• 2c · Program service revenue

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

• 2d · Program service revenue

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

• 2e · Program service revenue

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

• 2f · All other program service revenue

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

• 3 · Investment income

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

• 4 · Income from investment of tax-exempt bond proceeds

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

• 5 · Royalties

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

• 6a · Gross rents

  real property $0 · personal property $0

• 6b · Less rental expenses

  real property $0 · personal property $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

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

• 7a · Gross sales of assets other than inventory

  securities $0 · other assets $0

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

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 7d · Net gain or loss

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

• 8a · Fundraising events: gross income

  $0

• 8a · Fundraising events: contributions included on line 1c

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0 · unrelated business $0 · excluded $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

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

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

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

• 11a · Other revenue: CAFETERIA REVENUE

  total $284,026 · related or exempt $284,026 · unrelated business $0 · excluded $0

• 11b · Other revenue: FITNESS MEMBERS

  total $3,710 · related or exempt $3,710 · unrelated business $0 · excluded $0

• 11c · Other revenue: MEDICAL RECORDS REVENUE

  total $333 · related or exempt $333 · unrelated business $0 · excluded $0

• 11d · All other revenue

  total $8,196,769 · related or exempt $8,196,769 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $8,484,838

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 7 · Other salaries and wages

  total $35,907,000 · program services $26,524,501 · management and general $9,382,499

• 8 · Pension plan contributions

  total $590,547 · program services $436,237 · management and general $154,310

• 9 · Other employee benefits

  total $4,097,760 · program services $3,027,015 · management and general $1,070,745

• 10 · Payroll taxes

  total $2,769,749 · program services $2,046,014 · management and general $723,735

• 11a · Fees: management

  total $840,000 · program services $840,000

• 11b · Fees: legal

  total $370,338 · management and general $370,338

• 11c · Fees: accounting

  total $37,182 · management and general $37,182

• 11d · Fees: lobbying

  total $9,858 · program services $9,858

• 11g · Fees: other

  total $22,738,729 · program services $18,264,248 · management and general $4,474,481 · fundraising $0

• 12 · Advertising and promotion

  total $52,757 · program services $38,972 · management and general $13,785

• 13 · Office expenses

  total $453,601 · program services $335,075 · management and general $118,526

• 16 · Occupancy

  total $828,774 · management and general $828,774

• 17 · Travel

  total $130,866 · program services $96,671 · management and general $34,195

• 19 · Conferences, conventions and meetings

  total $216,077 · program services $159,616 · management and general $56,461

• 20 · Interest

  total $70,262 · management and general $70,262

• 22 · Depreciation, depletion and amortization

  total $1,497,806 · program services $1,106,429 · management and general $391,377

• 23 · Insurance

  total $706,919 · program services $522,201 · management and general $184,718

• 24a · Other expenses: MEDICAL SUPPLIES

  total $11,831,113 · program services $8,739,643 · management and general $3,091,470

• 24b · Other expenses: LEASES

  total $4,035,487 · program services $2,981,014 · management and general $1,054,473

• 24c · Other expenses: SOFTWARE FEES

  total $2,536,997 · program services $1,874,080 · management and general $662,917

• 24d · Other expenses: EQUIPMENT RENTAL & MAINTENANCE

  total $652,166 · program services $481,755 · management and general $170,411

• 24e · All other expenses

  total $778,438 · program services $688,028 · management and general $90,410 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,743,990 · end of year $3,098,911

• 4 · Accounts receivable

  beginning of year $7,104,385 · end of year $12,351,541

• 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 $1,702,548 · end of year $2,154,794

• 9 · Prepaid expenses and deferred charges

  beginning of year $873,564 · end of year $1,363,347

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

  $13,636,657

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

  $3,009,581

• 10c · Land, buildings and equipment, net

  beginning of year $10,931,014 · end of year $10,627,076

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $3,067,068 · end of year $3,067,068

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $7,552,806 · end of year $8,002,168

• 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 $5,007,542 · end of year $3,927,946

• 25 · Other liabilities

  beginning of year $996,512 · end of year $1,195,409

• 27 · Net assets without donor restrictions

  beginning of year $16,865,709 · end of year $19,537,214

The filer's explanations (Part III)

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

COMPENSATION OF CEO/EXECUTIVE DIRECTOR THE ORGANIZATION EXECUTIVES ARE EMPLOYED BY THE PARENT ORGANIZATION, COMMUNITY HOSPITAL CORPORATION (CHC), AND THEREFORE FOLLOW THE COMPENSATION POLICY OF CHC. CHC ENGAGED SULLIVAN COTTER TO CONDUCT A COMPETITIVE MARKET ANALYSIS OF THE COMPENSATION OF CHC'S TOP MANAGEMENT OFFICIALS, OFFICERS, DIRECTORS AND KEY EMPLOYEES. SULLIVAN COTTER GATHERED DATA RELATED TO JOB DESCRIPTIONS, SCOPE OF RESPONSIBILITY, AND CURRENT INCUMBENTS COMPENSATION. SULLIVAN COTTER RECOMMENDED APPROPRIATE COMPARISON DATA AND UTILIZED SURVEY DATA FROM FOUR MAJOR EXECUTIVE COMPENSATION SURVEY PROVIDERS TO PROVIDE MARKET DATA AND EXECUTIVE COMPENSATION RECOMMENDATIONS THAT MEET CHC'S COMPENSATION PHILOSOPHY. SULLIVAN COTTER'S RECOMMENDATIONS WERE PRESENTED TO THE CHC COMPENSATION COMMITTEE OF THE BOARD FOR REVIEW AND APPROVAL. CHC ALSO CONDUCTS PERIODIC REVIEWS OF COMPENSATION TO DETERMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. THE ORGANIZATION FOLLOWED THIS PROCESS FOR THE YEAR ENDED JUNE 30, 2024 FOR ITS OFFICERS, DIRECTORS, KEY EMPLOYEES AND OTHER MANAGEMENT OFFICIALS.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

NONQUALIFIED RETIREMENT PLAN PARTICIPATION WAS PAID TO: JIM KENDRICK - $284,597 LINDA MOORE - $24,895 JAMES HILL - $16,258 CRAIG SIMS - $19,851 JOE THOMASON - $36,034

Schedule J, Part I, Line 7 Non-fixed payments

A PORTION OF THE DISCRETIONARY INCENTIVE COMPENSATION PROGRAM WAS BASED ON THE CONSOLIDATED EBIDA OF THE ORGANIZATION.

Related corporations and trusts

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

• COMMUNITY HEALTH ASSURANCE SPC LTD

  C Corporation · CAPTIVE INSURANCE · CJ

  Directly controlled by CHC

• COMMUNITY HOSPITAL CONSULTING INC

  C Corporation · MGMT CONSULTING · TX

  Directly controlled by CHC