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Nonprofiteer
← ROCKHILL ORTHOPAEDIC SPECIALISTS INC

Form 990 for tax year 2023

Filed by ROCKHILL ORTHOPAEDIC SPECIALISTS INC.

Totals

Total revenue
$23,665,672
Total expenses
$23,665,672
Contributions and grants received
$4,144,771
Grants paid
$0
Program service revenue
$19,520,794
Investment income
$107
Other revenue
$0
Total assets, end of year
$4,417,070
Total liabilities, end of year
$1,652,565
Net assets or fund balances, end of year
$2,764,505
Program services expenses (Part IX)
$21,265,311
Management and general expenses
$2,400,361
Fundraising expenses
$0
Program service expenses (Part III)
$21,265,311

Program services were 89.9% 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.

  • 1d · Related organizations

    $4,136,657

  • 1e · Government grants (contributions)

    $8,114

  • 2a · Program service revenue: NET PATIENT CARE REVENUE

    total $19,427,888 · related or exempt $19,427,888

  • 2b · Program service revenue: OTHER PROGRAM SERVICE REVENUE

    total $92,906 · related or exempt $92,906

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $107 · excluded $107

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $20,136,209 · program services $18,180,184 · management and general $1,956,025 · fundraising $0

  • 12 · Advertising and promotion

    total $9,334 · management and general $9,334

  • 13 · Office expenses

    total $252,090 · program services $98,555 · management and general $153,535

  • 14 · Information technology

    total $58,318 · program services $57,337 · management and general $981

  • 16 · Occupancy

    total $1,156,893 · program services $927,980 · management and general $228,913

  • 17 · Travel

    total $14,850 · program services $10,695 · management and general $4,155

  • 19 · Conferences, conventions and meetings

    total $9,891 · program services $9,891

  • 22 · Depreciation, depletion and amortization

    total $233,108 · program services $208,527 · management and general $24,581

  • 23 · Insurance

    total $527,593 · program services $506,989 · management and general $20,604

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $860,035 · program services $860,035

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $396,285 · program services $396,285

  • 24e · All other expenses

    total $11,066 · program services $8,833 · management and general $2,233 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $733,152 · end of year $1,393,158

  • 4 · Accounts receivable

    beginning of year $1,592,699 · end of year $1,032,207

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $110,785 · end of year $143,767

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

    $2,483,704

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

    $1,474,428

  • 10c · Land, buildings and equipment, net

    beginning of year $1,190,794 · end of year $1,009,276

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $596,086 · end of year $838,662

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,300,464 · end of year $1,554,947

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $158,547 · end of year $97,618

  • 27 · Net assets without donor restrictions

    beginning of year $2,764,505 · end of year $2,764,505

Mission and programs · 2023

Mission

ROCKHILL ORTHOPAEDIC SPECIALISTS, INC. IS COMMITTED TO PROVIDING ADVANCED, EVIDENCE-BASED ORTHOPAEDIC HEALTH CARE AND HEALTH SERVICES. THE ORGANIZATION VALUES A SERVICE MODEL EMPHASIZING CLINICAL EXCELLENCE AND THE HIGHEST QUALITY OF CARE TO PATIENTS. AS A PART OF SAINT LUKE'S HEALTH SYSTEM, THE ORGANIZATION IS DEDICATED TO ENHANCING THE PHYSICAL, MENTAL AND SPIRITUAL HEALTH OF THE DIVERSE COMMUNITIES SERVED.

Activities or mission (Part I)

ORTHOPAEDIC SPECIALTY SERVICES

  • THE ORGANIZATION SERVES AS AN EXTENSION OF A SAINT LUKE'S HEALTH SYSTEM AND OPERATES AS A HOSPITAL-AFFILIATED ORTHOPAEDIC PRACTICE. IT IS AN INNOVATIVE, CLINICALLY DRIVEN PROGRAM FOCUSED ON ACHIEVING THE GOALS AND OBJECTIVES OF (I) EXCELLENCE IN THE DELIVERY OF ORTHOPAEDIC CLINICAL CARE; (II) LEADERSHIP IN ORTHOPAEDIC RESEARCH; (III) EXCELLENCE IN THE RECRUITMENT AND RETENTION OF QUALIFIED ORTHOPAEDIC PHYSICIANS AND RELATED ALLIED HEALTH PROVIDERS, AND (IV) THE PROMOTION OF HEALTHCARE FOR A BROAD CROSS-SECTION OF THE HOSPITAL'S COMMUNITY. THE ORGANIZATION CURRENTLY PROVIDES CARE IN THE GREATER KANSAS CITY AREA. ITS PHYSICIANS PROVIDE ON-CALL SUPPORT FOR AN AFFILIATED TAX-EXEMPT HOSPITAL. THE ORGANIZATION HAS A FINANCIAL ASSISTANCE POLICY THAT COVERS PATIENTS WITHOUT ADEQUATE MEANS TO PAY FOR CARE AND ALSO BENEFITS THE COMMUNITY AS A PROVIDER UNDER MEDICARE AND MEDICAID. THE ORGANIZATION PROVIDES COMMUNITY EDUCATION / PARTICIPATES IN OUTREACH PROGRAMS THAT ARE OPEN TO THE PUBLIC AND STRIVES TO ENHANCE THE QUALITY AND EFFICIENCY OF PATIENT CARE THROUGH THE DEVELOPMENT AND IMPLEMENTATION OF STANDARDS OF CARE AND OTHER INITIATIVES.

    Expenses $21,265,311 · Revenue $19,520,794

As filed on the 2023 return.

Listed in Part VII

  • Matthew Marino

    SECRETARY/TREASURER

    Total calculated
    $539,862
    From this org
    $0
    From related orgs
    $448,824
    Other
    $91,038
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $349,662 related
    Bonus
    $0 + $69,000 related
    Other
    $0 + $30,162 related
    Deferred
    $0 + $59,515 related
    Nontaxable benefits
    $0 + $31,523 related
    Filer's total
    $0 + $539,862 related

  • Robert Olm-Shipman

    PRESIDENT

    Total calculated
    $1,106,812
    From this org
    $0
    From related orgs
    $979,239
    Other
    $127,573
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $606,617 related
    Bonus
    $0 + $320,965 related
    Other
    $0 + $51,657 related
    Deferred
    $0 + $93,935 related
    Nontaxable benefits
    $0 + $33,638 related
    Filer's total
    $0 + $1,106,812 related

  • Darren Bass

    DIRECTOR

    Total calculated
    $357,507
    From this org
    $0
    From related orgs
    $332,028
    Other
    $25,479
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $298,317 related
    Bonus
    $0 + $11,333 related
    Other
    $0 + $22,378 related
    Deferred
    $0 + $5,845 related
    Nontaxable benefits
    $0 + $19,634 related
    Filer's total
    $0 + $357,508 related

  • Susie Krug

    DIRECTOR-TERM ENDED IN 2023

    Total calculated
    $635,377
    From this org
    $0
    From related orgs
    $516,200
    Other
    $119,177
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $402,949 related
    Bonus
    $0 + $79,530 related
    Other
    $0 + $33,720 related
    Deferred
    $0 + $79,800 related
    Nontaxable benefits
    $0 + $39,377 related
    Filer's total
    $0 + $635,377 related

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

None.

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

The filer's explanations (Part III)

Schedule J, Part II PART II
SUSAN KRUG, MATTHEW MARINO, DARREN BASS, AND ROBERT OLM-SHIPMAN DID NOT RECEIVE COMPENSATION FOR DUTIES AS A DIRECTOR OR OFFICER OF THE FILING ORGANIZATION BUT RECEIVED COMPENSATION FROM RELATED ORGANIZATIONS FOR SERVICES RENDERED TO THE RELATED ORGANIZATIONS. DIRECTORS ARE NOT COMPENSATED FOR SERVING AS A DIRECTOR OR BOARD OFFICER. THE RELATED ORGANIZATION HAS ADOPTED A MANAGEMENT INCENTIVE COMPENSATION PLAN FOR CERTAIN MEMBERS OF SENIOR AND MIDDLE MANAGEMENT TO PROMOTE EFFECTIVE MANAGEMENT OF OPERATIONS, QUALITY OF CARE AND SERVICE, AND OPTIMAL USE OF RESOURCES. THE INCENTIVES ARE CALCULATED AS A PERCENTAGE OF BASE SALARY CONTINGENT ON ACHIEVING QUALITY, PATIENT SATISFACTION, EMPLOYEE ENGAGEMENT, FINANCIAL AND OTHER OPERATIONAL PERFORMANCE TARGETS ESTABLISHED BY THE BOARD'S COMPENSATION COMMITTEE ON AN ANNUAL BASIS. INCENTIVE AWARDS ARE PAID AT THE DISCRETION OF THE BOARD OF DIRECTORS AND DO NOT ACCRUE TO THE BENEFIT OF THE INDIVIDUALS UNTIL AFTER FINANCIAL RESULTS HAVE BEEN DETERMINED FOR THE CALENDAR YEAR. THIS INCENTIVE COMPENSATION IS EVALUATED AS PART OF THE REVIEW OF MARKET COMPETITIVE DATA AND REASONABLENESS OF OVERALL COMPENSATION AND BENEFITS.

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.

Related partnerships

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

  • MEDICAL PLAZA PARTNERS LP

    N/A · OWN & OPERATE MEDICAL OFFICE BUILDING · MO

    Directly controlled by NA

  • ST LUKES SURGICENTER-LEES SUMMIT LLC

    N/A · HEALTH CARE · MO

    Directly controlled by NA

  • SAINT LUKES SOUTH SURGERY CENTER LLC

    N/A · HEALTH CARE · KS

    Directly controlled by NA

  • SAINT LUKES-GI DIAGNOSTICS

    N/A · HEALTH CARE · MO

    Directly controlled by NA

  • KANSAS CITY ORTHOPAEDIC INSTITUTE LLC

    N/A · HEALTH CARE · KS

    Directly controlled by NA

  • SAINT LUKES RADIATION THERAPY-LIBERTY LLC

    N/A · HEALTH CARE · MO

    Directly controlled by NA

  • Saint Luke's South Pain Management Center LLC

    N/A · HEALTH CARE · KS

    Directly controlled by NA

  • Saint Lukes North Surgery Center LLC

    N/A · Health Care · MO

    Directly controlled by NA

Related corporations and trusts

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

  • SAINT LUKES HEALTH SYSTEM RISK RETENTION GROUP

    C Corporation · INSURANCE · SC

    Directly controlled by NA

  • ST LUKES HEALTH VENTURES INC

    C Corporation · ACCOUNTING · MO

    Directly controlled by NA

  • MEDICAL PLAZA MANAGEMENT INC

    C Corporation · MEDICAL OFFICE BUILDING MANAGEMENT · MO

    Directly controlled by NA

  • SAINT LUKES HEALTH SYSTEM INSURANCE LTD

    C Corporation · CAPTIVE · CJ

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349313898

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