Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $5,218,943

• 1f · All other contributions, gifts and grants

  $823,493

• 2a · Program service revenue: REHABILITATION REVENUE

  total $37,059,878 · related or exempt $37,059,878

• 2b · Program service revenue: CLINIC REVENUE

  total $5,838,730 · related or exempt $5,838,730

• 2c · Program service revenue: GROSS RENTAL INCOME

  total $1,579,415 · related or exempt $1,579,415

• 2d · Program service revenue: ALL OTHER PROGRAM SERVICE REVENUE

  total $514,250 · related or exempt $514,250

• 3 · Investment income

  total $154,130 · excluded $154,130

• 11a · Other revenue: INTERCOMPANY REVENUE

  total $207,315 · related or exempt $207,315

• 11e · Other revenue, total

  $207,315

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $25,296,204 · program services $23,816,685 · management and general $1,479,519

• 8 · Pension plan contributions

  total $102,622 · program services $95,407 · management and general $7,215

• 9 · Other employee benefits

  total $2,937,395 · program services $2,369,685 · management and general $567,710

• 10 · Payroll taxes

  total $1,988,406 · program services $1,864,188 · management and general $124,218

• 11b · Fees: legal

  total $90,945 · program services $1,288 · management and general $89,657

• 11c · Fees: accounting

  total $141,975 · management and general $141,975

• 11g · Fees: other

  total $924,470 · program services $856,983 · management and general $67,487

• 12 · Advertising and promotion

  total $87 · management and general $87

• 13 · Office expenses

  total $900,902 · program services $488,757 · management and general $412,145

• 14 · Information technology

  total $1,779,314 · program services $1,034,903 · management and general $744,411

• 16 · Occupancy

  total $5,161,321 · program services $4,504,819 · management and general $656,502

• 17 · Travel

  total $585,913 · program services $427,550 · management and general $158,363

• 19 · Conferences, conventions and meetings

  total $74,020 · program services $38,929 · management and general $35,091

• 20 · Interest

  total $78,536 · program services $34,428 · management and general $44,108

• 22 · Depreciation, depletion and amortization

  total $2,200,621 · program services $1,485,525 · management and general $715,096

• 23 · Insurance

  total $470,114 · program services $377,515 · management and general $92,599

• 24a · Other expenses: CLIENT RENT EXPENSE

  total $1,841,213 · program services $1,841,213

• 24b · Other expenses: CLIENT SERVICES

  total $1,475,501 · program services $1,475,430 · management and general $71

• 24c · Other expenses: INTERCOMPANY

  total $1,390,086 · management and general $1,390,086

• 24d · Other expenses: FOOD EXPENSE

  total $1,223,290 · management and general $1,223,290

• 24e · All other expenses

  total $337,812 · program services $156,206 · management and general $181,606

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,140,817 · end of year $5,137,403

• 2 · Savings and temporary cash investments

  beginning of year $824,828 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $1,501,372 · end of year $924,888

• 4 · Accounts receivable

  beginning of year $3,131,878 · end of year $2,922,481

• 9 · Prepaid expenses and deferred charges

  beginning of year $717,112 · end of year $1,103,990

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

  $45,691,600

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

  $31,262,913

• 10c · Land, buildings and equipment, net

  beginning of year $14,679,036 · end of year $14,428,687

• 11 · Investments: publicly traded securities

  beginning of year $4,538,922 · end of year $4,776,735

• 12 · Investments: other securities

  beginning of year $120,000 · end of year $120,000

• 15 · Other assets

  beginning of year $6,844,798 · end of year $14,156,643

• 17 · Accounts payable and accrued expenses

  beginning of year $12,238,665 · end of year $5,867,435

• 19 · Deferred revenue

  end of year $15,535

• 20 · Tax-exempt bond liabilities

  beginning of year $1,866,000 · end of year $1,449,000

• 21 · Escrow or custodial account liability

  beginning of year $144,500 · end of year $314,120

• 23 · Secured mortgages and notes payable

  beginning of year $373,699 · end of year $261,117

• 25 · Other liabilities

  beginning of year $2,655,592 · end of year $14,659,027

• 27 · Net assets without donor restrictions

  beginning of year $17,897,466 · end of year $20,669,302

• 28 · Net assets with donor restrictions

  beginning of year $322,841 · end of year $335,291

The filer's explanations (Part III)

PART I, LINE 3

THE TOP MANAGEMENT OFFICIALS ARE UNCOMPENSATED BY THE REPORTING ORGANIZATION. THE REPORTING ORGANIZATION RELIES ON SHEPPARD PRATT HEALTH SYSTEM, INC., A RELATED ORGANIZATION, TO ESTABLISH COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS.

PART I, LINE 4B

DURING CALENDAR YEAR 2022, THE FOLLOWING PARTICIPATED IN SHEPPARD PRATT'S 457(F) PLAN: HARSH TRIVEDI $50,000 JEFFREY RICHARDSON $25,000 GREG GATTMAN $25,000 KELLY SAVOCA $25,000 DURING THE CALENDAR YEAR, THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS AS PART OF THEIR PARTICIPATION IN SHEPPARD PRATT'S 457(F) PLAN: HARSH TRIVEDI $167,678 GREG GATTMAN $73,282 KELLY SAVOCA $73,522

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

• OMNI HOUSE INC

  C · MENTAL HEALTH, PSYCHIATRIC REHAB, AND RESIDENTIAL SERVICES FOR ADULTS · MD