Skip to content
Nonprofiteer
← GENESIS HEALTH DEVELOPMENT INC

Form 990 for tax year 2023

Filed by GENESIS HEALTH DEVELOPMENT INC.

Totals

Total revenue
$41,423,924
Total expenses
$42,366,037
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$38,647,057
Investment income
$2,258,901
Other revenue
$517,966
Total assets, end of year
$33,405,906
Total liabilities, end of year
$33,136,374
Net assets or fund balances, end of year
$269,532
Program services expenses (Part IX)
$33,581,302
Management and general expenses
$8,784,735
Fundraising expenses
$0
Program service expenses (Part III)
$33,581,302

Program services were 79.3% 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.

  • 2a · Program service revenue: Net Patient Services

    total $22,757,101 · related or exempt $22,757,101

  • 2b · Program service revenue: Contract Services

    total $13,353,657 · related or exempt $13,353,657

  • 2c · Program service revenue: Community Program Services

    total $315,983 · related or exempt $315,983

  • 2d · Program service revenue: Passthrough Income

    total $2,220,316 · related or exempt $2,220,316

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $2,258,901 · excluded $2,258,901

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: Other Revenue

    total $517,966 · excluded $517,966

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $517,966

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $47,700 · program services $40,545 · management and general $7,155

  • 7 · Other salaries and wages

    total $27,543,729 · program services $23,412,170 · management and general $4,131,559

  • 8 · Pension plan contributions

    total $600,455 · program services $498,378 · management and general $102,077

  • 9 · Other employee benefits

    total $2,614,152 · program services $2,169,746 · management and general $444,406

  • 10 · Payroll taxes

    total $2,048,595 · program services $1,700,334 · management and general $348,261

  • 11b · Fees: legal

    total $12,111 · program services $6,040 · management and general $6,071

  • 11c · Fees: accounting

    total $18,829 · management and general $18,829

  • 11f · Fees: investment management

    total $3,356,730 · management and general $3,356,730

  • 11g · Fees: other

    total $2,876,813 · program services $1,352,102 · management and general $1,524,711 · fundraising $0

  • 12 · Advertising and promotion

    total $746,399 · program services $701,615 · management and general $44,784

  • 13 · Office expenses

    total $1,530,699 · program services $1,102,103 · management and general $428,596

  • 14 · Information technology

    total $27,856 · program services $24,322 · management and general $3,534

  • 16 · Occupancy

    total $3,781,535 · program services $3,668,089 · management and general $113,446

  • 17 · Travel

    total $358,441 · program services $323,528 · management and general $34,913

  • 19 · Conferences, conventions and meetings

    total $46,081 · program services $35,943 · management and general $10,138

  • 20 · Interest

    total $327,287 · program services $291,285 · management and general $36,002

  • 22 · Depreciation, depletion and amortization

    total $2,029,813 · program services $1,502,062 · management and general $527,751

  • 23 · Insurance

    total $158,103 · program services $158,103

  • 24a · Other expenses: Affiliate Management Fees

    total $4,347,789 · management and general $4,347,789

  • 24b · Other expenses: Medical Supplies

    total $197,224 · program services $197,224

  • 24c · Other expenses: Recruitment

    total $182,795 · management and general $182,795

  • 24d · Other expenses: Other Expenses

    total $78,749 · program services $78,529 · management and general $220

  • 24e · All other expenses

    total -$10,565,848 · program services -$3,680,816 · management and general -$6,885,032 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,975,331 · end of year $4,194,040

  • 4 · Accounts receivable

    beginning of year $5,632,674 · end of year $5,243,895

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $398,829 · end of year $459,516

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

    $20,543,136

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

    $10,911,595

  • 10c · Land, buildings and equipment, net

    beginning of year $13,559,513 · end of year $9,631,541

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $8,218,605 · end of year $4,872,528

  • 14 · Intangible assets

    beginning of year $1,092,361 · end of year $910,302

  • 15 · Other assets

    beginning of year $7,179,319 · end of year $8,094,084

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,837,705 · end of year $2,164,778

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $27,691,199 · end of year $22,593,727

  • 25 · Other liabilities

    beginning of year $6,829,782 · end of year $8,377,869

  • 27 · Net assets without donor restrictions

    beginning of year $1,697,946 · end of year $269,532

Mission and programs · 2023

Mission

TO ADVANCE THE HEALTH AND WELL-BEING OF PERSONS REQUIRING REHABILITATION THROUGH SUPERIOR OUTCOMES, SERVICE, EDUCATION, AND RESEARCH.

Activities or mission (Part I)

TO ADVANCE THE HEALTH AND WELL-BEING OF PERSONS REQURING REHABILITATION THROUGH SUPERIOR OUTCOMES, SERVICE, EDUCATION, AND RESEARCH.

  • BROOKS REHABILITATION INCLUDES A NETWORK OF OUTPATIENT CLINICS LOCATED THROUGHOUT JACKSONVILLE, NORTH TAMPA AND ORLANDO FLORIDA. BROOKS' CLINICIANS ARE HIGHLY TRAINED TO PROVIDE EXCEPTIONAL PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPIES. THE COMBINATION OF EVIDENCED-BASED PRACTICE AND INNOVATIVE TECHNOLOGY ALLOWS BROOKS TO TREAT THE MOST COMPLEX AND UNIQUE CASES. THE CLINICS INCLUDE A VARIETY OF HIGHLY SPECIALIZED CLINICS, SUCH AS A MOTION ANALYSIS CENTER, CENTER FOR SPORTS THERAPY, PEDIATRIC CENTERS, NEURO RECOVERY CENTER, CENTER FOR LOW VISION, AND BALANCE CENTER. EXPERTS TREAT SPORTS INJURIES, BACK PAIN, STROKE, SPINAL CORD INJURIES, PARKINSON'S, MS, ALS, AUTISM, CEREBRAL PALSY, DEVELOPMENTAL DISABILITY, MOBILITY DISORDERS, ARTHRITIS, DOWNS' SYNDROME, AS WELL AS OTHER CONPROGRAM SERVICE ACCOMPLISHMENTS. SPECIALTIES INCLUDE NEUROLOGICAL, GERIATRICS, ORTHOPEDICS, PEDIATRICS, SPORTS THERAPY, WOMEN'S HEALTH, VESTIBULAR PROBLEMS, LOW VISION AND MOBILE THERAPY. THE BROOKS MOTION ANALYSIS CENTER (MAC) IS A SPECIALIZED CLINICAL AND RESEARCH ASSESSMENT FACILITY FOCUSED ON GAIT AND MOVEMENT IMPAIRMENTS IN PEOPLE OF ALL AGES. THROUGH THE USE OF INNOVATIVE TECHNOLOGY, CLINICAL EXAMINATION, AND BIOMECHANICAL ANALYSIS, THE PURPOSE IS TO ADVANCE REHABILITATION SCIENCE AND CLINICAL PRACTICE LEADING TO IMPROVED RECOVERY AND PERFORMANCE IN INDIVIDUALS WITH NEUROLOGIC AND ORTHOPEDIC IMPAIRMENTS. THIS PROGRAM IS ONE OF MANY OFFERED AS COMMUNITY SERVICE BY BROOKS REHABILITATION. BROOKS CENTER FOR SPORTS THERAPY (CST) PROVIDES SPECIALIZED ATHLETIC REHABILITATION FOR ATHLETES RANGING FROM CASUAL TO HIGHLY COMPETITIVE. BROOKS IS THE OFFICIAL REHABILITATION PROVIDER FOR THE UNIVERSITY OF NORTH FLORIDA'S ATHLETIC PROGRAM. ATHLETES CAN BE TREATED AT THE CENTER FOR SPORTS THERAPY, OR AT ANOTHER OF THE CONVENIENT LOCATIONS. BROOKS ALSO OFFERS EDUCATIONAL PROGRAMS TO TEACH ATHLETES HOW TO REDUCE THEIR CHANCES OF INJURY. TRANSPORTATION IS PROVIDED TO PATIENTS WITH DISABILITIES TO AND FROM OUTPATIENT CENTERS FOR THOSE WHO QUALIFY FOR CHARITY CARE. THIS SERVICE IS FUNDED BY BROOKS COMMUNITY HEALTH, AND IS AVAILABLE FIVE DAYS A WEEK. IN 2023, THERE WERE 496,131 PATIENT VISITS AT THE CLINIC LOCATIONS, PROVIDING APPROXIMATELY 1,650,937 UNITS OF SERVICE.

    Expenses $33,581,302 · Revenue $38,647,057

As filed on the 2023 return.

Listed in Part VII

  • Douglas M Baer

    Chairman / CEO

    Total calculated
    $652,428
    From this org
    $0
    From related orgs
    $583,131
    Other
    $69,297
    Hours/week
    1 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $579,270 related
    Bonus
    $0
    Other
    $0 + $3,861 related
    Deferred
    $0 + $51,959 related
    Nontaxable benefits
    $0 + $17,338 related
    Filer's total
    $0 + $652,428 related

  • J Britton Tabor

    Sec. Treas. / CFO

    Total calculated
    $444,528
    From this org
    $0
    From related orgs
    $436,599
    Other
    $7,929
    Hours/week
    1 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $432,738 related
    Bonus
    $0
    Other
    $0 + $3,861 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $7,929 related
    Filer's total
    $0 + $444,528 related

  • Eric Mann

    Board Member

    Total calculated
    $47,700
    From this org
    $47,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 4 related

  • Howard C Serkin

    Board Member

    Total calculated
    $34,200
    From this org
    $0
    From related orgs
    $34,200
    Other
    $0
    Hours/week
    1 + 5 related

  • Kris Roberts

    Board Member

    Total calculated
    $313,294
    From this org
    $0
    From related orgs
    $280,144
    Other
    $33,150
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $279,136 related
    Bonus
    $0
    Other
    $0 + $1,008 related
    Deferred
    $0 + $15,906 related
    Nontaxable benefits
    $0 + $17,244 related
    Filer's total
    $0 + $313,294 related

  • Victor DeRienzo

    Board Member

    Total calculated
    $314,237
    From this org
    $0
    From related orgs
    $264,570
    Other
    $49,667
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $263,562 related
    Bonus
    $0
    Other
    $0 + $1,008 related
    Deferred
    $0 + $24,829 related
    Nontaxable benefits
    $0 + $24,838 related
    Filer's total
    $0 + $314,237 related

  • Alice Krauss

    Manager-Adaptive Sports and Recreation Program

    Total calculated
    $143,847
    From this org
    $102,101
    From related orgs
    $0
    Other
    $41,746
    Hours/week
    40

  • Ann Leinenwever

    VP OUTPATIENT

    Total calculated
    $177,746
    From this org
    $147,384
    From related orgs
    $0
    Other
    $30,362
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,025
    Bonus
    $0
    Other
    $359
    Deferred
    $22,390
    Nontaxable benefits
    $7,972
    Filer's total
    $177,746

  • Jaqueline Oetjen

    EXECUTIVE DIRECTOR OP

    Total calculated
    $164,048
    From this org
    $139,363
    From related orgs
    $0
    Other
    $24,685
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,145
    Bonus
    $0
    Other
    $218
    Deferred
    $16,713
    Nontaxable benefits
    $7,972
    Filer's total
    $164,048

  • Michael Hagist

    Physical Therapist

    Total calculated
    $130,854
    From this org
    $115,940
    From related orgs
    $0
    Other
    $14,914
    Hours/week
    40

  • Thomas Langer

    REGIONAL DIRECTOR OUTPATIENT

    Total calculated
    $129,695
    From this org
    $112,479
    From related orgs
    $0
    Other
    $17,216
    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

  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization
GENESIS HEALTH, INC., THE SOLE MEMBER OF THE COMPANY HAS A SUCCESS SHARING PLAN THAT INCLUDES MOST EMPLOYEES. PAYMENT IS CALCULATED AS A PERCENTAGE OF COMPENSATION AND IS TRIGGERED BY MEETING SPECIFIC OPERATIONAL AND FINANCIAL GOALS.
Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization
THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS DIRECTLY. CERTAIN BOARD MEMBERS AND MANAGEMENT OFFICIALS ARE COMPENSATED BY GENESIS HEALTH, INC., THE SOLE MEMBER. THE BOARD OF GENESIS HEALTH, INC. SYSTEM USES THE FOLLOWING METHODS TO DETERMINE EXECUTIVE COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION STUDY OR SURVEY - APPROVAL BY COMPENSATION COMMITTEE

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

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

  • BROOKS HALIFAX REHABILITATION SERVICES LLC

    Healthcare · FL · income $0 · assets $0

    Directly controlled by Genesis Health Development Inc

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • ST AUGUSTINE MOB LTD

    N/A · REAL ESTATE HOLDING · FL

    Directly controlled by NA

  • HB Deltona Rehabilitative Services

    Related · Healthcare Rehabilitation · FL · 50% owned · share of income $0 · share of assets $0

    Directly controlled by EAST VOLUSIA HEALTH SERVICES INC

Related corporations and trusts

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

  • GH HOLDINGS INC

    C Corporation · HOLDING COMPANY · FL

    Directly controlled by NA

  • GH MANAGEMENT INC

    C Corporation · HOLDING COMPANY · FL

    Directly controlled by NA

  • GENESIS MANAGEMENT SERVICES INC

    C Corporation · MANAGEMENT SERVICES · FL

    Directly controlled by NA

  • GH MEDICAL SERVICES INC

    C Corporation · MEDICAL SERVICES · FL

    Directly controlled by NA

  • GH PARTNERSHIP HOLDINGS PPA INC

    C Corporation · INVESTMENT HOLDINGS · FL

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
6 December 2024
IRS schema version
2023v5.1
Source object
202443419349301124

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

The source document this was parsed from is served over the API, which is where bulk and document access live.