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Nonprofiteer
← LICKING MEMORIAL HEALTH SYSTEMS

Form 990 for tax year 2023

Filed by LICKING MEMORIAL HEALTH SYSTEMS.

Totals

Total revenue
$0
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$279,212,582
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$279,212,582
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

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.

Balance sheet

Part X, book values.

  • 12 · Investments: other securities

    beginning of year $255,890,260 · end of year $279,212,582

  • 27 · Net assets without donor restrictions

    beginning of year $255,890,260 · end of year $279,212,582

Mission and programs · 2023

Mission

LICKING MEMORIAL HEALTH SYSTEMS EXISTS TO IMPROVE THE HEALTH OF THE COMMUNITY.

Activities or mission (Part I)

TO IMPROVE THE HEALTH OF THE COMMUNITY.

  • IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES. FURTHER, WE BELIEVE OUR PURPOSE IS TO SERVE THE COMMUNITY BY PROVIDING HEALTHCARE SERVICES AND EDUCATION. THEREFORE, IN KEEPING WITH OUR COMMITMENT TO SERVE ALL MEMBERS OF THE COMMUNITY, WE PROVIDE: FREE CARE AND/OR SUBSIDIZED CARE CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS BELOW COST HEALTH ACTIVITIES AND PROGRAMS FREE-OF-CHARGE TO THE COMMUNITYTHE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, AND SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, AND MEDICALLY UNDERSERVED.LMH SERVED 7,732 INPATIENTS AND 823 NEWBORNS FOR A TOTAL OF 31,892 PATIENT DAYS, AND PROVIDED SERVICES TO 360,152 OUTPATIENTS IN 2023.ADDITIONALLY, LMH PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS, BELOW COST IN MANY CASES. TO THE EXTENT REIMBURSEMENT IS BELOW CHARGES, LMH CONSIDERS THESE AMOUNTS TO BE CONTRACTUAL ADJUSTMENTS, WHICH WILL NEVER BE COLLECTED. THE UNREIMBURSED VALUE OF PROVIDING CARE TO THESE PATIENTS AMOUNTED TO $525,807,000 IN 2023.UNCOMPENSATED CARE IS PROVIDED THROUGH MANY REDUCED PRICE SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES LMH BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED. THE HOSPITAL ROUTINELY PROVIDES UNCOMPENSATED CARE TO PATIENTS WHO ARE UNWILLING OR UNABLE TO PAY THEIR HOSPITAL BILLS. IN 2023, LMH WROTE OFF CHARGES OF APPROXIMATELY $25,046,000 IN BAD DEBTS AND $8,392,000 IN CHARITY CARE.LMHP PROVIDES HEALTHCARE SERVICES WITHOUT REGARD TO A PATIENT'S RACE, CREED, GENDER, DISABILITY, ETHNICITY, AGE, RELIGION, CITIZENSHIP, NATIONAL ORIGIN OR SOURCES OF PAYMENT FOR CARE. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF LMHP, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES. FURTHER, WE BELIEVE OUR ROLE IS TO SERVE ALL MEMBERS OF THE COMMUNITY WITH RESPECT TO PROVIDING HEALTHCARE SERVICES AND EDUCATION. THEREFORE, IN KEEPING WITH THAT COMMITMENT TO SERVE ALL MEMBERS OF THE COMMUNITY, WE PROVIDED THE COMMUNITY SERVICES AND EDUCATIONAL PROGRAMS NOTED ON THE FOLLOWING PAGES, MANY OF WHICH WERE FREE OF CHARGE.ADDITIONALLY, LMHP PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS, BELOW COST IN MANY CASES. TO THE EXTENT REIMBURSEMENT IS BELOW CHARGES, LMHP CONSIDERS THESE AMOUNTS TO BE CONTRACTUAL ADJUSTMENTS, WHICH WILL NEVER BE COLLECTED. THE UNREIMBURSED VALUE OF PROVIDING CARE TO THESE PATIENTS AMOUNTED TO $36,681,000 OF CHARGES IN 2023.UNCOMPENSATED CARE IS PROVIDED THROUGH MANY REDUCED PRICED SERVICES AND FREE PROGRAMS OFFERED THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES LMHP BELIEVES WILL SERVE A BONA FIDE COMMUNITY HEALTH NEED. LMHP ROUTINELY PROVIDES UNCOMPENSATED CARE TO PATIENTS WHO ARE UNWILLING OR UNABLE TO PAY THEIR BILLS. IN 2023, LMHP WROTE OFF CHARGES OF APPROXIMATELY $3,155,000 OF CHARGES IN BAD DEBTS AND $708,000 OF CHARGES IN CHARITY CARE.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert Montagnese

    PRESIDENT & CEO, EX OFFICI

    Total calculated
    $926,607
    From this org
    $0
    From related orgs
    $876,674
    Other
    $49,933
    Hours/week
    1.3 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $785,504 related
    Bonus
    $0 + $80,000 related
    Other
    $0 + $11,170 related
    Deferred
    $0 + $7,779 related
    Nontaxable benefits
    $0 + $42,154 related
    Filer's total
    $0 + $926,607 related
  • Cindy Webster

    VP FINANCIAL SERVICES

    Total calculated
    $350,357
    From this org
    $0
    From related orgs
    $330,431
    Other
    $19,926
    Hours/week
    1.3 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $328,786 related
    Bonus
    $0
    Other
    $0 + $1,645 related
    Deferred
    $0 + $2,932 related
    Nontaxable benefits
    $0 + $16,994 related
    Filer's total
    $0 + $350,357 related
  • Nancy Neely

    CHAIR

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • Michael J Massaro

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • Craig R Baldwin

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • Patrick D Guanciale

    CHAIR (PARTIAL YEAR)

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • Joyce L Malainy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • Brian J Mortellaro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • David Doney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • Jacquiline H Parrill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.3 + 1.3 related
  • Daniel Hunt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • Christopher Meyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 related
  • Eschol Curl Jr

    DIRECTOR (PARTIAL YEAR)

    Total calculated
    $0
    Hours/week
    1.3 + 2.6 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE RELATED ORGANIZATION USES THE FOLLOWING TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -FORM 990 OF OTHER ORGANIZATIONS -WRITTEN EMPLOYMENT CONTRACT -COMPENSATION SURVEY OR STUDY -APPROVAL OF THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 4B
ROBERT A. MONTAGNESE, PRESIDENT & CEO, PARTICIPATES IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). NO CONTRIBUTIONS WERE MADE TO THE PLAN ON HIS BEHALF FOR THE 2023 YEAR.

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

No itemized grants to organizations 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.

  • LICKING MEMORIAL HEALTH FOUNDATION

    501(C)(3) · PROVIDE FUNDING FOR HEALTHCARE PROGRAMS · OH · controlled entity

    Directly controlled by LICKING MEMORIAL HEALTH SYSTEMS

  • LICKING MEMORIAL HEALTH PROFESSIONALS

    501(C)(3) · HEALTHCARE ORGANIZATION · OH · controlled entity

    Directly controlled by LICKING MEMORIAL HEALTH SYSTEMS

  • LICKING MEMORIAL HOSPITAL

    501(C)(3) · HEALTHCARE ORGANIZATION · OH · controlled entity

    Directly controlled by LICKING MEMORIAL HEALTH SYSTEMS

  • LICKING MEMORIAL TWIGS

    501(C)(3) · TO SUPPORT THE OPERATIONS OF LICKING MEMORIAL HEALTH SYSTEMS · OH · controlled entity

    Directly controlled by LICKING MEMORIAL HEALTH SYSTEMS

Provenance

Return type
form_990
Tax year
2023
Filed
10 November 2024
IRS schema version
2023v5.1
Source object
202403189349308760

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