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.
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12 · Investments: other securities
beginning of year $255,890,260 · end of year $279,212,582
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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.
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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 MontagneseROBERT 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
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Cindy WebsterCINDY 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
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Nancy NeelyNANCY NEELY
CHAIR
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
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Michael J MassaroMICHAEL J MASSARO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
-
Craig R BaldwinCRAIG R BALDWIN
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
-
Patrick D GuancialePATRICK D GUANCIALE
CHAIR (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
-
Joyce L MalainyJOYCE L MALAINY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
-
Brian J MortellaroBRIAN J MORTELLARO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
-
David DoneyDAVID DONEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
-
Jacquiline H ParrillJACQUILINE H PARRILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3 + 1.3 related
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Daniel HuntDANIEL HUNT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
-
Christopher MeyerCHRISTOPHER MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.3 + 2.6 related
-
Eschol Curl JrESCHOL 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.
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LICKING MEMORIAL HEALTH FOUNDATION
501(C)(3) · PROVIDE FUNDING FOR HEALTHCARE PROGRAMS · OH · controlled entity
Directly controlled by LICKING MEMORIAL HEALTH SYSTEMS
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LICKING MEMORIAL HEALTH PROFESSIONALS
501(C)(3) · HEALTHCARE ORGANIZATION · OH · controlled entity
Directly controlled by LICKING MEMORIAL HEALTH SYSTEMS
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501(C)(3) · HEALTHCARE ORGANIZATION · OH · controlled entity
Directly controlled by LICKING MEMORIAL HEALTH SYSTEMS
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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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