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Nonprofiteer
← PETERSBURG MEDICAL CENTER

Form 990 for tax year 2023

Filed by PETERSBURG MEDICAL CENTER.

Totals

Total revenue
$32,857,391
Total expenses
$22,198,743
Contributions and grants received
$10,293,047
Grants paid
$0
Program service revenue
$22,114,016
Investment income
$106,476
Other revenue
$343,852
Total assets, end of year
$37,829,229
Total liabilities, end of year
$24,102,396
Net assets or fund balances, end of year
$13,726,833
Program services expenses (Part IX)
$13,728,604
Management and general expenses
$8,470,139
Fundraising expenses
$0
Program service expenses (Part III)
$13,728,604

Program services were 61.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $10,293,047

  • 2a · Program service revenue: Patient Services

    total $22,114,016 · related or exempt $22,114,016

  • 3 · Investment income

    total $106,476 · unrelated business $106,476

  • 11a · Other revenue: Non-Operating Revenue

    total $343,852 · unrelated business $343,852

  • 11e · Other revenue, total

    $343,852

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $11,236,353 · program services $8,295,529 · management and general $2,940,824

  • 9 · Other employee benefits

    total $2,408,826 · program services $1,778,378 · management and general $630,448

  • 11c · Fees: accounting

    total $189,056 · program services $189,056

  • 11g · Fees: other

    total $2,613,210 · program services $1,232,321 · management and general $1,380,889

  • 12 · Advertising and promotion

    total $8,130 · program services $1,281 · management and general $6,849

  • 16 · Occupancy

    total $1,323,656 · program services $198,501 · management and general $1,125,155

  • 20 · Interest

    total $146,099 · management and general $146,099

  • 22 · Depreciation, depletion and amortization

    total $1,142,598 · management and general $1,142,598

  • 23 · Insurance

    total $191,853 · management and general $191,853

  • 24a · Other expenses: Supplies

    total $1,612,364 · program services $1,495,159 · management and general $117,205

  • 24b · Other expenses: Repairs & Maintenance

    total $561,017 · program services $227,637 · management and general $333,380

  • 24c · Other expenses: Dues & Fees

    total $374,111 · program services $139,872 · management and general $234,239

  • 24d · Other expenses: Equipment

    total $274,333 · program services $74,717 · management and general $199,616

  • 24e · All other expenses

    total $117,137 · program services $96,153 · management and general $20,984

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $422,952 · end of year $356,253

  • 4 · Accounts receivable

    beginning of year $4,434,720 · end of year $6,395,814

  • 8 · Inventories for sale or use

    beginning of year $304,713 · end of year $303,569

  • 9 · Prepaid expenses and deferred charges

    beginning of year $113,382 · end of year $155,699

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

    $38,029,269

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

    $22,298,956

  • 10c · Land, buildings and equipment, net

    beginning of year $8,090,937 · end of year $15,730,313

  • 11 · Investments: publicly traded securities

    beginning of year $3,704,480 · end of year $5,119,943

  • 15 · Other assets

    beginning of year $9,240,411 · end of year $9,767,638

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,483,361 · end of year $5,139,391

  • 19 · Deferred revenue

    beginning of year $147,863 · end of year $120,527

  • 25 · Other liabilities

    beginning of year $19,928,604 · end of year $18,842,478

  • 29 · Capital stock, trust principal or current funds

    beginning of year -$2,417,785 · end of year $2,909,994

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $5,169,552 · end of year $10,816,839

Mission and programs · 2023

Mission

Our mission is to provide excellent healthcare and to promote wellness in our community.

  • Petersburg Medical Center is a Critical Access Hospital located in a rural, island community that serves a population of 3,000. Access is by air or water only. The hospital provides in-patient, skilled nursing care, emergency department, chemotherapy services and out-patient surgical procedures. Ancillary departments that support the in-patient and skilled patient needs include clinical laboratory, diagnostic imaging, physical therapy, speech therapy, occupational therapy, dietary and dietician services.

    Expenses $3,058,807 · Revenue $4,374,610

  • Joy Janssen Clinic is staffed with four physicians, a mid-level practitioner, mental health specialist, chiropractor, and audiologist. Services include wellness and chronic disease monitoring (diabetes, hypertension, cardiac, stroke), medication assisted treatment, chiropractor, audiology, telemedicine services with ENT, psychiatry and dietician consultation. Besides family planning, infertility, pediatric care, and annual wellness exams, the practitioners also provide follow up care coordinated with offsite specialists for cardiac, stroke, bariatric surgery, and cancer care. Diagnostic imaging provides CT, ultrasound, DEXA scans and mammography. Laboratory is a moderate and high complex CLIA certified laboratory offering PCR testing for infectious diseases, microbiology, and transfusion services in addition to the traditional diagnostic capabilities.

    Expenses $8,647,923 · Revenue $12,964,116

  • The Long Term Care facility is a CMS certified facility providing advanced level of care to residents. Therapy support is provided by Physical Therapy, Occupational Therapy, Speech. Activity staff provide enrichment opportunities to engage residents and their visiting family and friends. A wheelchair van is used to take residents to events such as plays, community celebrations, and picnics. Visitors from the community regularly share their art and musical talent with the residents.

    Expenses $2,021,874 · Revenue $4,775,290

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

Listed in Part VII

  • Jerod Cook

    President

    Total calculated
    $0
    Hours/week
    2 + 0.25 related

  • Marlene Cushing

    Secretary

    Total calculated
    $0
    Hours/week
    2 + 0.25 related

  • Joseph Stratman

    Board Member

    Total calculated
    $0
    Hours/week
    2 + 0.25 related

  • Cindi Lagoudakis

    Board Member

    Total calculated
    $0
    Hours/week
    2 + 0.25 related

  • Kim Simbahon

    Board Member

    Total calculated
    $0
    Hours/week
    2 + 0.25 related

  • Heather Conn

    Board Member

    Total calculated
    $0
    Hours/week
    2 + 0.25 related

  • Mika Hasbrouck

    Board Member

    Total calculated
    $0
    Hours/week
    2 + 0.25 related

  • Philip Hofstetter

    CEO

    Total calculated
    $225,558
    From this org
    $225,558
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,558
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $225,558

  • Jennifer Bryner

    Chief Nursing Officer

    Total calculated
    $164,888
    From this org
    $164,888
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,888
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $164,888

  • Cortney Hess

    Chief Medical Officer

    Total calculated
    $332,425
    From this org
    $332,425
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $332,425
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $332,425

  • Cynthia Newman

    Chief Human Resources Offi

    Total calculated
    $157,159
    From this org
    $157,159
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,159
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $157,159

  • Selina Burt

    Physician

    Total calculated
    $276,642
    From this org
    $276,642
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $276,642
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $276,642

  • Violet Shimek

    Lab Manager

    Total calculated
    $153,442
    From this org
    $153,442
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,442
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $153,442

  • Eric Hulebak

    Physician

    Total calculated
    $177,611
    From this org
    $177,611
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,611
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $177,611

  • Alice Hulebak

    Physician

    Total calculated
    $305,475
    From this org
    $305,475
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $305,475
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $305,475

  • Angela Menish

    Physician

    Total calculated
    $146,929
    From this org
    $146,929
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2025
IRS schema version
2023v6.0
Source object
202521359349316367

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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