Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Management services

  total $39,514,302 · related or exempt $39,514,302

• 3 · Investment income

  total $33,598 · excluded $33,598

• 7a · Gross sales of assets other than inventory

  securities $41,083

• 7b · Less cost or other basis and sales expenses

  securities $0

• 7c · Gain or loss

  securities $41,083

• 7d · Net gain or loss

  total $41,083 · excluded $41,083

• 11a · Other revenue: Net income from affiliate

  total $246,525 · excluded $246,525

• 11e · Other revenue, total

  $246,525

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $7,873,931 · program services $6,799,336 · management and general $1,074,595

• 7 · Other salaries and wages

  total $23,914,592 · program services $20,650,849 · management and general $3,263,743

• 8 · Pension plan contributions

  total $933,734 · program services $806,303 · management and general $127,431

• 9 · Other employee benefits

  total $62,961 · program services $54,368 · management and general $8,593

• 10 · Payroll taxes

  total $642,191 · program services $554,548 · management and general $87,643

• 11a · Fees: management

  total $60,000 · management and general $60,000

• 11b · Fees: legal

  total $10,780 · management and general $10,780

• 11c · Fees: accounting

  total $22,062 · management and general $22,062

• 11f · Fees: investment management

  total $32,607 · management and general $32,607

• 11g · Fees: other

  total $498,776 · program services $422,839 · management and general $75,937

• 13 · Office expenses

  total $887 · management and general $887

• 17 · Travel

  total $12,676 · management and general $12,676

• 24a · Other expenses: Community support

  total $1,167,653 · program services $1,167,653 · management and general $0

• 24b · Other expenses: Community affairs

  total $133,455 · program services $115,242 · management and general $18,213

• 24c · Other expenses: General & administrativ

  total -$1,205,921 · program services -$1,451,005 · management and general $245,084

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $25,470,303 · end of year $31,822,789

• 4 · Accounts receivable

  beginning of year $2,451,930 · end of year $2,705,153

• 11 · Investments: publicly traded securities

  beginning of year $3,150,780 · end of year $2,809,091

• 15 · Other assets

  beginning of year $3,571,138 · end of year $2,963,710

• 17 · Accounts payable and accrued expenses

  beginning of year $19,349,588 · end of year $20,224,375

• 25 · Other liabilities

  beginning of year $6,019,352 · end of year $5,659,013

• 27 · Net assets without donor restrictions

  beginning of year $9,275,211 · end of year $14,417,355

The filer's explanations (Part III)

Part I, Line 1a

Three Directors received the benefit, travel for companions. Professional tax preparation is required for the Kettering Health CEO to ensure compliance with federal regulations and guidelines. The benefits listed above are grossed up and included in taxable compensation.

Part I, Line 3

The process of determining compensation of CEO's, executive directors, officers, and key employees is to have an independent board approve the compensation. The compensation is determined to be reasonable compared to independent comparability data. The approval of the amounts is documented in the Board minutes within the appropriate time frame.

Part I, Lines 4a-b

Walter Sackett received a severance payment of $168,487. Terry Burns received a severance payment of $144,238. Kettering Health has a supplemental executive retirement plan available only to a certain class of management.

Part II, Col Biii

Column Biii includes compensation reported on the W-2 that may or may not have gone through the current year Statement of Operations and Changes in Net Assets.

Related corporations and trusts

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

• Kettcor

  C · Health Services · OH · 100% owned · share of income $23,577,857 · share of assets $39,032,357 · controlled entity

  Directly controlled by Kettering Adventist Healthcare

• Physician Hospital Alliance

  C · Contracting · OH · 50% owned · controlled entity

  Directly controlled by Kettering Adventist Healthcare