Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,901,112

• 1f · All other contributions, gifts and grants

  $3,550,000

• 2a · Program service revenue: INPATIENT SERVICE REV.

  total $96,459,211 · related or exempt $96,196,393 · unrelated business $262,818

• 2b · Program service revenue: OUTPATIENT SERVICE REV

  total $22,893,982 · related or exempt $22,893,982

• 2c · Program service revenue: RENT FROM AFFILIATES

  total $74,727 · related or exempt $74,727

• 3 · Investment income

  total $172,194 · excluded $172,194

• 6a · Gross rents

  real property $1,017,236

• 6b · Less rental expenses

  real property $329,570

• 6c · Rental income or loss

  real property $687,666

• 6d · Net rental income or loss

  total $687,666 · excluded $687,666

• 11a · Other revenue: CAFETERIA/VENDING

  total $406,974 · excluded $406,974

• 11b · Other revenue: MISC. REVENUE

  total $125,066 · related or exempt $125,066

• 11c · Other revenue: REBATES AND REFUNDS

  total $17,655 · related or exempt $17,655

• 11e · Other revenue, total

  $549,695

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $22,727 · program services $22,727

• 5 · Compensation of officers, directors and key employees

  total $742,866 · program services $482,863 · management and general $260,003

• 7 · Other salaries and wages

  total $35,929,093 · program services $23,353,910 · management and general $12,575,183

• 8 · Pension plan contributions

  total $410,025 · program services $266,516 · management and general $143,509

• 9 · Other employee benefits

  total $7,512,126 · program services $4,882,882 · management and general $2,629,244

• 10 · Payroll taxes

  total $2,888,826 · program services $1,877,737 · management and general $1,011,089

• 11a · Fees: management

  total $7,161,193 · program services $4,654,775 · management and general $2,506,418

• 11b · Fees: legal

  total $392,183 · program services $254,919 · management and general $137,264

• 11c · Fees: accounting

  total $94,616 · management and general $94,616

• 11d · Fees: lobbying

  total $1,142 · management and general $1,142

• 11g · Fees: other

  total $22,521,258 · program services $14,638,817 · management and general $7,882,441

• 12 · Advertising and promotion

  total $280,223 · program services $182,145 · management and general $98,078

• 13 · Office expenses

  total $476,549 · program services $309,757 · management and general $166,792

• 14 · Information technology

  total $40,437 · program services $26,284 · management and general $14,153

• 16 · Occupancy

  total $2,107,924 · program services $1,370,151 · management and general $737,773

• 17 · Travel

  total $17,594 · program services $11,436 · management and general $6,158

• 19 · Conferences, conventions and meetings

  total $5,226 · program services $3,397 · management and general $1,829

• 20 · Interest

  total $237,149 · program services $154,147 · management and general $83,002

• 22 · Depreciation, depletion and amortization

  total $3,090,118 · program services $2,008,577 · management and general $1,081,541

• 23 · Insurance

  total $3,134,627 · program services $2,037,508 · management and general $1,097,119

• 24a · Other expenses: MEDICAL SUPPLIES

  total $12,157,483 · program services $7,902,364 · management and general $4,255,119

• 24b · Other expenses: TAXES AND LICENSES

  total $7,583,616 · program services $7,583,616

• 24c · Other expenses: MAINTENANCE AND REPAIRS

  total $1,808,132 · program services $1,175,286 · management and general $632,846

• 24d · Other expenses: BILLABLE SUPPLIES

  total $1,641,312 · program services $1,066,853 · management and general $574,459

• 24e · All other expenses

  total $1,010,744 · program services $656,984 · management and general $353,760

Balance sheet

Part X, book values.

• 4 · Accounts receivable

  beginning of year $25,236,361 · end of year $17,722,623

• 7 · Other notes and loans receivable

  beginning of year $300,000

• 8 · Inventories for sale or use

  beginning of year $2,320,485 · end of year $2,596,925

• 9 · Prepaid expenses and deferred charges

  beginning of year $430,519 · end of year $639,398

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

  $76,334,738

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

  $50,184,479

• 10c · Land, buildings and equipment, net

  beginning of year $26,696,918 · end of year $26,150,259

• 11 · Investments: publicly traded securities

  beginning of year $74,490 · end of year $94,163

• 12 · Investments: other securities

  beginning of year $958,317 · end of year $63,411

• 14 · Intangible assets

  beginning of year $72,859

• 15 · Other assets

  beginning of year $27,302,877 · end of year $64,465,968

• 17 · Accounts payable and accrued expenses

  beginning of year $9,590,692 · end of year $9,623,053

• 19 · Deferred revenue

  beginning of year $466,740 · end of year $135,335

• 25 · Other liabilities

  beginning of year $9,419,903 · end of year $22,428,990

• 27 · Net assets without donor restrictions

  beginning of year $53,770,828 · end of year $67,804,323

• 28 · Net assets with donor restrictions

  beginning of year $10,144,663 · end of year $11,741,046

The filer's explanations (Part III)

PART I, LINE 3

A RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY OFFICER COMPENSATION IS ESTABLISHED BY PRIME HEALTHCARE MANAGEMENT, INC. IN ACCORDANCE WITH A MANAGEMENT AGREEMENT. WRITTEN EMPLOYMENT CONTRACTS ARE FORWARDED TO THE FACILITY ONCE EXECUTED. COMPENSATION SURVEY OR STUDIES ARE UTILIZED.

PART I, LINE 7

BONUSES ARE PAID IN THE LAST PAY PERIOD OF THE YEAR AND ARE DISCRETIONARY.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• KNAPP MEDICAL CENTER ASC LLC

  AMBULATORY SERVICES · TX · income $0 · assets $0

  Directly controlled by KMC

Related corporations and trusts

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

• SIGNATURE PAMPA MEDICAL GROUP

  C · PHYSICIAN SERVICES · TX

• LANDMARK PHYSICIAN SERVICES

  C · PHYSICIAN SERVICES · DE

• LANDMARK PHYSICIAN ASSOCIATES PC

  C · INACTIVE · DE