Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $6,081,604

• 1f · All other contributions, gifts and grants

  $7,171,859

• 1g · Noncash contributions included above

  $2,256,110

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $173,842,203 · related or exempt $173,842,203

• 2b · Program service revenue: EDUCATIONAL SERVICE REVENUE

  total $88,245,775 · related or exempt $88,245,775

• 2c · Program service revenue: SHEPPARD PRATT SOLUTIONS

  total $5,883,039 · related or exempt $5,883,039

• 3 · Investment income

  total $321,717 · excluded $321,717

• 6a · Gross rents

  real property $166,978

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $166,978

• 6d · Net rental income or loss

  total $166,978 · excluded $166,978

• 7a · Gross sales of assets other than inventory

  securities $21,269,521

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

  securities $21,077,603 · other assets $270,183

• 7c · Gain or loss

  securities $191,918 · other assets -$270,183

• 7d · Net gain or loss

  total -$78,265 · excluded -$78,265

• 11a · Other revenue: INTERCORP. REVENUE/SHARED SERVICE

  total $8,513,440 · related or exempt $355,181 · excluded $8,158,259

• 11b · Other revenue: OTHER REVENUE-CAFETERIA

  total $559,276 · excluded $559,276

• 11c · Other revenue: SCHOOL REVENUE

  total $359,367 · related or exempt $359,367

• 11d · All other revenue

  total $855,416 · related or exempt $628,519 · excluded $226,897

• 11e · Other revenue, total

  $10,287,499

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $5,261,878 · program services $526,188 · management and general $4,735,690

• 6 · Compensation of disqualified persons

  total $1,204,182 · program services $120,418 · management and general $1,083,764

• 7 · Other salaries and wages

  total $150,624,853 · program services $102,605,276 · management and general $48,019,577

• 8 · Pension plan contributions

  total $1,330,501 · program services $973,420 · management and general $357,081

• 9 · Other employee benefits

  total $14,927,393 · program services $9,920,318 · management and general $5,007,075

• 10 · Payroll taxes

  total $10,671,232 · program services $7,044,450 · management and general $3,626,782

• 11b · Fees: legal

  total $1,371,349 · program services $20,009 · management and general $1,351,340

• 11c · Fees: accounting

  total $851,271 · management and general $851,271

• 11d · Fees: lobbying

  total $234,790 · management and general $234,790

• 11f · Fees: investment management

  total $37,061 · management and general $37,061

• 11g · Fees: other

  total $27,824,776 · program services $22,046,898 · management and general $5,777,878

• 12 · Advertising and promotion

  total $4,554,201 · program services $4,554,201

• 13 · Office expenses

  total $5,974,358 · program services $5,078,204 · management and general $896,154

• 14 · Information technology

  total $6,792,463 · program services $2,377,362 · management and general $4,415,101

• 16 · Occupancy

  total $13,916,272 · program services $10,134,732 · management and general $3,781,540

• 17 · Travel

  total $1,082,065 · program services $471,890 · management and general $610,175

• 19 · Conferences, conventions and meetings

  total $16,443 · program services $5,950 · management and general $10,493

• 20 · Interest

  total $4,930,275 · program services $142,856 · management and general $4,787,419

• 22 · Depreciation, depletion and amortization

  total $20,570,399 · program services $18,513,359 · management and general $2,057,040

• 23 · Insurance

  total $4,802,263 · program services $1,910,600 · management and general $2,891,663

• 24a · Other expenses: FOOD SERVICE EXPENSE

  total $3,604,240 · program services $3,243,816 · management and general $360,424

• 24b · Other expenses: MINOR ART AND EQUIPMENT

  total $1,256,576 · program services $1,130,918 · management and general $125,658

• 24c · Other expenses: MISCELLANEOUS EXPENSE

  total $975,110 · program services $877,599 · management and general $97,511

• 24d · Other expenses: CLIENT ASSISTANCE

  total $689,963 · program services $689,963

• 24e · All other expenses

  total $189,682 · program services $75,173 · management and general $114,509

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $37,105,734 · end of year $23,176,245

• 3 · Pledges and grants receivable

  beginning of year $1,018,422 · end of year $2,319,528

• 4 · Accounts receivable

  beginning of year $19,088,971 · end of year $23,184,920

• 8 · Inventories for sale or use

  beginning of year $388,264 · end of year $357,106

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,093,826 · end of year $7,374,555

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

  $528,400,896

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

  $263,157,020

• 10c · Land, buildings and equipment, net

  beginning of year $263,667,120 · end of year $265,243,876

• 12 · Investments: other securities

  beginning of year $55,381,289 · end of year $40,363,393

• 15 · Other assets

  beginning of year $15,405,137 · end of year $39,892,390

• 17 · Accounts payable and accrued expenses

  beginning of year $32,267,654 · end of year $29,388,530

• 19 · Deferred revenue

  beginning of year $3,707,001 · end of year $3,151,061

• 20 · Tax-exempt bond liabilities

  beginning of year $160,713,000 · end of year $156,275,996

• 23 · Secured mortgages and notes payable

  end of year $27,702

• 25 · Other liabilities

  beginning of year $24,138,436 · end of year $25,247,576

• 27 · Net assets without donor restrictions

  beginning of year $164,375,017 · end of year $177,397,902

• 28 · Net assets with donor restrictions

  beginning of year $11,947,655 · end of year $10,423,246

The filer's explanations (Part III)

PART I, LINE 4B

DURING CALENDAR YEAR 2022, THE FOLLOWING PARTICIPATED IN SHEPPARD PRATT'S 457(F) PLAN: HARSH K. TRIVEDI $ 50,000 KELLY SAVOCA $ 25,000 TODD E. PETERS $ 25,000 GREGORY B GATTMAN $ 25,000 JENNIFER W. WILKERSON $ 25,000 KAREN ROBERTSON-KECK $ 25,000 JEFFREY RICHARDSON $ 25,000 DONNA RICHARDSON $ 20,000 THE FOLLOWING RECEIVED DISTRIBUTIONS FROM THE ORGANIZATION'S 457(F) PLAN: HARSH K. TRIVEDI $ 167,678 JENNIFER W. WILKERSON $ 98,658 TODD E. PETERS $ 73,522 KELLY SAVOCA $ 73,522 GREGORY B GATTMAN $ 73,282

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• SHEPPARD PRATT NON-CONTRACTED SERVICES LLC

  PSYCHIATRIC SERVICES · MD · income $82,257,494 · assets $21,891,651

  Directly controlled by SHEPPARD PRATT HEALTH SYSTEM INC

Related corporations and trusts

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

• SHEPPARD PRATT PREFERRED RESOURCES INC

  C · INACTIVE · MD

• SHEPPARD PRATT ASSURANCE COMPANY LLC

  C · INSURANCE · CJ · 100% owned · share of assets $4,522,453 · controlled entity

  Directly controlled by SHEPPARD PRATT HEALTH SYSTEM INC

• OMNI HOUSE INC

  C · MENTAL HEALTH, PSYCHIATRIC REHAB AND RESIDENTIAL · MD