Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $677,077

• 1f · All other contributions, gifts and grants

  $1,289,402

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $122,736,505 · related or exempt $122,736,505

• 2b · Program service revenue: MANAGEMENT SERVICES

  total $8,856,727 · related or exempt $302,824 · unrelated business $8,553,903

• 2c · Program service revenue: QUALITY IMPROVEMENT PROGRAM

  total $429,692 · related or exempt $429,692

• 2d · Program service revenue: PHYSICIAN AFFILIATE FEES

  total $253,169 · related or exempt $253,169

• 2e · Program service revenue: CHART/SLIDE REVIEW REIMBURSEMENT

  total $72,706 · related or exempt $72,706

• 2f · All other program service revenue

  total $3,095 · related or exempt $3,095

• 11a · Other revenue: INTEREST FROM INS CO

  total $10,925 · excluded $10,925

• 11e · Other revenue, total

  $10,925

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $6,500 · program services $6,500

• 5 · Compensation of officers, directors and key employees

  total $6,695,720 · program services $6,544,742 · management and general $150,978

• 6 · Compensation of disqualified persons

  total $266,349 · program services $260,343 · management and general $6,006

• 7 · Other salaries and wages

  total $223,792,033 · program services $205,864,386 · management and general $17,927,647

• 8 · Pension plan contributions

  total $13,024,076 · program services $12,178,386 · management and general $845,690

• 9 · Other employee benefits

  total $11,737,313 · program services $10,870,536 · management and general $866,777

• 10 · Payroll taxes

  total $12,234,452 · program services $11,101,383 · management and general $1,133,069

• 11b · Fees: legal

  total $682,399 · management and general $682,399

• 11c · Fees: accounting

  total $40,604 · management and general $40,604

• 11g · Fees: other

  total $5,880,933 · program services $4,474,745 · management and general $1,406,188

• 12 · Advertising and promotion

  total $2,460,362 · program services $75,518 · management and general $2,384,844

• 13 · Office expenses

  total $1,077,575 · program services $85,285 · management and general $992,290

• 14 · Information technology

  total $7,168,550 · management and general $7,168,550

• 16 · Occupancy

  total $1,579,099 · program services $14,986 · management and general $1,564,113

• 17 · Travel

  total $762,032 · program services $327,352 · management and general $434,680

• 20 · Interest

  total $164,218 · management and general $164,218

• 22 · Depreciation, depletion and amortization

  total $1,199,641 · management and general $1,199,641

• 23 · Insurance

  total $1,257,511 · management and general $1,257,511

• 24a · Other expenses: INCOME TAX EXPENSE

  total $185,052 · management and general $185,052

• 24b · Other expenses: ALLOC OF I/C EXPENSES

  total $0 · program services $6,947,886 · management and general -$6,947,886

• 24c · Other expenses: PROFESSIONAL DVLPMT

  total $1,923,223 · program services $1,845,587 · management and general $77,636

• 24d · Other expenses: BAD DEBT EXPENSES

  total $1,890,280 · program services $1,890,280 · management and general $0

• 24e · All other expenses

  total $2,486,762 · program services $1,598,036 · management and general $888,726

Balance sheet

Part X, book values.

• 4 · Accounts receivable

  beginning of year $11,457,255 · end of year $15,217,951

• 9 · Prepaid expenses and deferred charges

  beginning of year $325,730 · end of year $42,880

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

  $103,456

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

  $103,022

• 10c · Land, buildings and equipment, net

  beginning of year $11,417 · end of year $434

• 17 · Accounts payable and accrued expenses

  beginning of year $8,060,358 · end of year $18,131,939

• 27 · Net assets without donor restrictions

  beginning of year $3,734,044 · end of year -$2,870,674

The filer's explanations (Part III)

PART I, LINE 3

LCS RELIES ON H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, A RELATED ORGANIZATION WHICH USES AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS OR STUDIES, AN EXECUTIVE COMPENSATION COMMITTEE, AND THE APPROVAL BY THE BOARD OR THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD, TO ESTABLISH THE PHYSICIAN IN CHIEF/PRESIDENT'S AND TOP MANAGEMENT OFFICIALS' COMPENSATION.

PART I, LINE 4B

TO BE ELIGIBLE TO PARTICIPATE IN THE 457(F) NON-QUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP), PARTICIPANTS MUST ELECT TO CONTRIBUTE AT LEAST 10% ACROSS THE 403(B) AND 457(B) PLANS, AND ARE VESTED AFTER 10 YEARS OF SERVICE. LUMP SUM DISTRIBUTIONS FROM THE ACCOUNT ARE MADE UPON NORMAL RETIREMENT OR TERMINATION. BELOW ARE INDIVIDUALS LISTED ON LCS'S 2022 FORM 990 PART VII, SECTION A, THAT PARTICIPATED IN THE 457(F) SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AND THEIR RESPECTIVE AMOUNTS OF COMPENSATION CONSTRUCTIVELY RECEIVED IN TAX YEAR 2022 FROM THE PLAN: JOHN ARRINGTON - $1,500 LOUIS D. DE LA PARTE - $47,390 ROBERT A. GATENBY - $1,500 LOUIS B HARRISON - $1,500 PETER A. JOHNSTONE - $0 NIKHIL I. KHUSHALANI - $1,500 DONALD L. KLIPPENSTEIN - $1,500 G. D. LETSON - $61,034 YVETTE M. LYONS TREMONTI - $78,474 JULIO M. POW-SANG - $1,500 HENRY REYES - $0 LARY ROBINSON - $1,500 DAVID THRUSH - $1,500 SUSAN VADAPARAMPIL - $19,024 MICHAEL A. VOGELBAUM - $0 KAREN WARTENBERG - $13,993 JOANNA WEISS - $25,889 KOSJ YAMOAH - $4,750

PART I, LINE 6

IN GENERAL, INCENTIVE COMPENSATION IS BASED ON MOFFITT'S ACHIEVEMENT AGAINST SPECIFIC ORGANIZATIONAL GOALS RELATED TO NET OPERATING INCOME AND ON DIVISION OR INDIVIDUAL GOALS. NET OPERATING INCOME MUST MEET OR EXCEED A CERTAIN THRESHOLD IN ORDER TO TRIGGER A PAYOUT FOR THE ORGANIZATIONAL GOAL COMPONENTS.

SCHEDULE J COLUMN C

THE AMOUNT OF RETIREMENT AND DEFERRED COMPENSATION FOR CERTAIN EXECUTIVES IN SCHEDULE J, COLUMN (C) INCLUDES A DECREASE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN THAT OCCURRED DURING THE YEAR.

Related corporations and trusts

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

• MOFFITT TECHNOLOGIES CORPORATION

  C · TECHNOLOGY MANAGEMENT · FL

• ONCOBAY CLINICAL INC (UNTIL 012023)

  C · RESEARCH & PRODUCT DEVELOPMENT · FL