Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $56,779

• 1e · Government grants (contributions)

  $1,553,049

• 1f · All other contributions, gifts and grants

  $614,100

• 2a · Program service revenue: PATIENT REVENUE

  total $50,902,123 · related or exempt $50,902,123

• 2b · Program service revenue: PHARMACY REVENUE

  total $3,143,431 · related or exempt $3,143,431

• 2c · Program service revenue: MANAGEMENT AGREEMENT REVENUE

  total $930,226 · related or exempt $930,226

• 2d · Program service revenue: SENIOR HOUSING

  total $456,155 · related or exempt $456,155

• 2e · Program service revenue: WELLNESS CENTER REVENUE

  total $404,765 · unrelated business $404,765

• 2f · All other program service revenue

  total $406,809 · related or exempt $406,809

• 3 · Investment income

  total $2,168,632 · unrelated business -$25,204 · excluded $2,193,836

• 6a · Gross rents

  real property $184,507

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $184,507

• 6d · Net rental income or loss

  total $184,507 · excluded $184,507

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $187,309 · program services $187,309

• 2 · Grants to domestic individuals

  total $69,505 · program services $69,505

• 5 · Compensation of officers, directors and key employees

  total $214,415 · management and general $214,415

• 7 · Other salaries and wages

  total $21,193,944 · program services $18,459,782 · management and general $2,734,162

• 8 · Pension plan contributions

  total $553,342 · program services $484,243 · management and general $69,099

• 9 · Other employee benefits

  total $4,638,014 · program services $4,055,977 · management and general $582,037

• 10 · Payroll taxes

  total $1,117,487 · program services $945,581 · management and general $171,906

• 11a · Fees: management

  total $527,382 · management and general $527,382

• 11b · Fees: legal

  total $50,081 · management and general $50,081

• 11c · Fees: accounting

  total $71,086 · management and general $71,086

• 11g · Fees: other

  total $8,455,196 · program services $7,814,307 · management and general $640,889

• 12 · Advertising and promotion

  total $108,570 · program services $58,189 · management and general $50,381

• 13 · Office expenses

  total $518,680 · program services $352,447 · management and general $166,233

• 14 · Information technology

  total $95,426 · management and general $95,426

• 16 · Occupancy

  total $803,762 · program services $333,646 · management and general $470,116

• 17 · Travel

  total $188,381 · program services $169,384 · management and general $18,997

• 19 · Conferences, conventions and meetings

  total $71,878 · program services $65,514 · management and general $6,364

• 22 · Depreciation, depletion and amortization

  total $2,988,007 · program services $2,367,040 · management and general $620,967

• 23 · Insurance

  total $395,923 · program services $150,014 · management and general $245,909

• 24a · Other expenses: MEDICAL SUPPLIES

  total $9,944,211 · program services $9,932,869 · management and general $11,342

• 24b · Other expenses: MEDICAID EXPENSE

  total $1,846,554 · program services $1,846,554

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $1,438,679 · program services $1,208,620 · management and general $230,059

• 24d · Other expenses: MINOR EQUIPMENT

  total $294,569 · program services $254,151 · management and general $40,418

• 24e · All other expenses

  total $1,106,101 · program services $738,214 · management and general $367,887

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $25,066,814 · end of year $2,430,717

• 4 · Accounts receivable

  beginning of year $11,297,746 · end of year $6,017,310

• 7 · Other notes and loans receivable

  beginning of year $1,000,000 · end of year $1,075,000

• 8 · Inventories for sale or use

  beginning of year $1,011,831 · end of year $1,064,025

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,020,318 · end of year $1,071,775

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

  $86,840,387

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

  $43,553,354

• 10c · Land, buildings and equipment, net

  beginning of year $31,408,003 · end of year $43,287,033

• 11 · Investments: publicly traded securities

  beginning of year $16,176,653 · end of year $37,759,584

• 12 · Investments: other securities

  beginning of year $1,768,338 · end of year $1,730,621

• 15 · Other assets

  beginning of year $472,250 · end of year $15,511,108

• 17 · Accounts payable and accrued expenses

  beginning of year $6,863,341 · end of year $5,782,262

• 19 · Deferred revenue

  beginning of year $123,217 · end of year $114,934

• 24 · Unsecured notes and loans payable

  beginning of year $50,324 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $1,980,765

• 27 · Net assets without donor restrictions

  beginning of year $81,757,270 · end of year $86,419,866

• 28 · Net assets with donor restrictions

  beginning of year $427,801 · end of year $15,649,346

The filer's explanations (Part III)

PART I, LINE 1A

ALL EMPLOYEES RECEIVE A MEMBERSHIP TO THE FITNESS CENTER AS A TAXABLE BENEFIT.

PART I, LINE 6

THE CFO'S BONUS PLAN INCLUDES OPERATING INCOME AS A PARAMETER.

Related corporations and trusts

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

• CMSRX INC

  S · RETAIL PHARMACY · IA · 100% owned · share of income -$25,204 · share of assets $1,914,585 · controlled entity

  Directly controlled by SIOUX VALLEY MEMORIAL HOSPITAL ASSOCIATION