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Nonprofiteer
← KINGS DAUGHTERS HEALTH SYSTEM INC

Form 990-EZ for tax year 2022

Filed by KINGS DAUGHTERS HEALTH SYSTEM INC.

Totals

Total revenue
$0
Total expenses
$0
Contributions and grants received
not reported
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program service expenses (Part III)
$0

Mission and programs · 2022

Primary exempt purpose

TO PROMOTE THE GENERAL HEALTH OF THE COMMUNITY BY PARTICIPATING IN ANY ACTIVITY DESIGNED TO DO SO BY THE ASHLAND HOSPITAL CORPORATION D/B/A KING'S DAUGHTERS MEDICAL CENTER (KDMC) AND PORTSMOUTH HOSPITAL CORPORATION D/B/A KING'S DAUGHTERS MEDICAL CENTER OHIO (KDOH).

  • PERFORM ACTIVITIES IN A MANNER THAT IS CONSISTENT WITH AND CARRIES OUT THE OVERALL CHARITABLE PURPOSES OF KDMC AND KDOH AS SET FORTH IN THEIR ORGANIZATIONAL DOCUMENTS INCLUDING OVERSEEING THE OPERATIONS OF A REGIONAL MEDICAL CENTER, INCLUDING A TERTIARY CARE HOSPITAL, IN ASHLAND, KENTUCKY AND PORTSMOUTH, OHIO.ON APRIL 1, 2021, KDHS ENTERED INTO A PARTNERSHIP WITH BEYOND BLUE CORPORATION TO FORM ROYAL BLUE HEALTH, LLC. AS PART OF THAT TRANSACTION, ROYAL BLUE HEALTH BECAME THE PARENT COMPANY OF ASHLAND HOSPITAL CORPORATION D/B/A KING'S DAUGHTERS MEDICAL CENTER, PORTSMOUTH HOSPITAL CORPORATION D/B/A KING'S DAUGHTERS MEDICAL CENTER OHIO, TOGETHER WITH SUBSIDIARY AND AFFILIATED CORPORATIONS. KDHS MAINTAINED A 60% MEMBERSHIP SHARE IN ROYAL BLUE HEALTH, LLC, AND BEYOND BLUE CORPORATION MAINTAINED 40% MEMBERSHIP SHARE. THE OPERATING AGREEMENT ENTERED INTO BY THE PARTIES PROVIDED BEYOND BLUE WITH A MEMBERSHIP SUBSTITUTION OPTION IN THE EVENT THAT CERTAIN FINANCIAL AND OPERATIONAL METRICS WERE MET. BEYOND BLUE EXERCISED THE MEMBERSHIP SUBSTITUTION OPTION EFFECTIVE DECEMBER 1, 2022, THUS TRANSFERRING OWNERSHIP OF KDHS' 60% MEMBERSHIP IN THE ASSETS OF ROYAL BLUE HEALTH TO BEYOND BLUE CORPORATION.

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

Listed in Part IV

  • David Jones

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Stephen Addington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Tom Burnette

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • John Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Sheryl Mahaney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Kristie Whitlatch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

  • UNIVERSITY OF KENTUCKY HEALTHCARE

    $120,000

    Disposition · INVESTMENT IN CAPTIVE INSURANCE COMPANY · Jan 1, 2023 · 115

Provenance

Return type
form_990_ez
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202421369349203547

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