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Nonprofiteer
← ASHTABULA COUNTY MEDICAL CENTER

Form 990 for tax year 2023

Filed by ASHTABULA COUNTY MEDICAL CENTER.

Totals

Total revenue
$184,843,797
Total expenses
$173,764,940
Contributions and grants received
$135,790
Grants paid
$0
Program service revenue
$177,874,277
Investment income
$6,082,350
Other revenue
$751,380
Total assets, end of year
$294,705,342
Total liabilities, end of year
$137,533,461
Net assets or fund balances, end of year
$157,171,881
Program services expenses (Part IX)
$128,619,193
Management and general expenses
$45,145,747
Fundraising expenses
$0
Program service expenses (Part III)
$128,619,193

Program services were 74.0% 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.

  • 1f · All other contributions, gifts and grants

    $135,790

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

    total $160,803,786 · related or exempt $160,803,786

  • 2b · Program service revenue: MISC OPERATING REVENUE

    total $16,174,021 · related or exempt $16,174,021

  • 2c · Program service revenue: REBATES AND REFUNDS

    total $896,470 · related or exempt $896,470

  • 3 · Investment income

    total $5,568,029 · excluded $5,568,029

  • 6a · Gross rents

    real property $551,436

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $551,436

  • 6d · Net rental income or loss

    total $551,436 · excluded $551,436

  • 7a · Gross sales of assets other than inventory

    securities $122,767,911 · other assets $3,100

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

    securities $122,256,690 · other assets $0

  • 7c · Gain or loss

    securities $511,221 · other assets $3,100

  • 7d · Net gain or loss

    total $514,321 · excluded $514,321

  • 11a · Other revenue: PREMIER FITNESS

    total $199,944 · unrelated business $199,944

  • 11e · Other revenue, total

    $199,944

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,365,427 · management and general $2,365,427

  • 7 · Other salaries and wages

    total $64,800,366 · program services $51,878,409 · management and general $12,921,957

  • 8 · Pension plan contributions

    total $1,825,241 · management and general $1,825,241

  • 9 · Other employee benefits

    total $9,958,055 · program services $9,992,856 · management and general -$34,801

  • 10 · Payroll taxes

    total $4,198,151 · program services $4,198,151

  • 11a · Fees: management

    total $2,048 · management and general $2,048

  • 11b · Fees: legal

    total $124,055 · management and general $124,055

  • 11c · Fees: accounting

    total $174,200 · management and general $174,200

  • 11f · Fees: investment management

    total $53,491 · management and general $53,491

  • 11g · Fees: other

    total $24,391,107 · program services $18,771,157 · management and general $5,619,950

  • 12 · Advertising and promotion

    total $235,702 · program services $2,927 · management and general $232,775

  • 13 · Office expenses

    total $177,248 · program services $122,193 · management and general $55,055

  • 16 · Occupancy

    total $1,877,323 · program services $29,913 · management and general $1,847,410

  • 17 · Travel

    total $52,627 · program services $29,563 · management and general $23,064

  • 20 · Interest

    total -$86,563 · management and general -$86,563

  • 22 · Depreciation, depletion and amortization

    total $4,112,480 · program services $3,068,391 · management and general $1,044,089

  • 23 · Insurance

    total $928,293 · program services $199,375 · management and general $728,918

  • 24a · Other expenses: SUPPLIES

    total $37,675,430 · program services $36,673,343 · management and general $1,002,087

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $9,884,998 · program services $140,873 · management and general $9,744,125

  • 24c · Other expenses: EQUIPMENT REPAIRS AND M

    total $5,392,446 · program services $2,495,508 · management and general $2,896,938

  • 24d · Other expenses: LICENSES AND PERMITS

    total $4,192,209 · program services $137,120 · management and general $4,055,089

  • 24e · All other expenses

    total $1,430,606 · program services $879,414 · management and general $551,192

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,228,545 · end of year $10,574,324

  • 2 · Savings and temporary cash investments

    beginning of year $75,356,243 · end of year $23,809,828

  • 4 · Accounts receivable

    beginning of year $19,748,514 · end of year $19,696,510

  • 8 · Inventories for sale or use

    beginning of year $2,086,091 · end of year $2,234,338

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,858,931 · end of year $5,471,384

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

    $185,314,897

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

    $84,411,115

  • 10c · Land, buildings and equipment, net

    beginning of year $42,521,181 · end of year $100,903,782

  • 11 · Investments: publicly traded securities

    beginning of year $104,320,168 · end of year $113,093,318

  • 12 · Investments: other securities

    beginning of year $3,542,452 · end of year $4,826,479

  • 15 · Other assets

    beginning of year $10,441,534 · end of year $14,095,379

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,354,523 · end of year $23,520,171

  • 19 · Deferred revenue

    end of year $19

  • 20 · Tax-exempt bond liabilities

    beginning of year $73,895,938 · end of year $72,699,371

  • 23 · Secured mortgages and notes payable

    beginning of year $903,270 · end of year $0

  • 25 · Other liabilities

    beginning of year $34,928,136 · end of year $41,313,900

  • 27 · Net assets without donor restrictions

    beginning of year $141,007,490 · end of year $157,157,579

  • 28 · Net assets with donor restrictions

    beginning of year $14,302 · end of year $14,302

Mission and programs · 2023

Mission

ASHTABULA COUNTY MEDICAL CENTER PROVIDES QUALITY HEALTHCARE TO POSITIVELY IMPACT THE HEALTH OF OUR COMMUNITY.

Activities or mission (Part I)

FULL-SERVICE ACUTE CARE HOSPITAL.

  • ASHTABULA COUNTY MEDICAL CENTER (ACMC) IS A PRIVATE, NOT-FOR-PROFIT, COMMUNITY-ORIENTED MEDICAL CENTER THAT PROVIDES THE BEST POSSIBLE MEDICAL CARE THROUGH ALL PHASES OF LIFE TO THOSE SEEKING HELP. IN 2023 WE MET OUR MISSION OF MEETING OUR COMMUNITY'S HEALTH CARE NEEDS AS EVIDENCED BY APPROXIMATELY 27,584 EMERGENCY DEPARTMENT VISITS, 4,943 INPATIENT DISCHARGES, 8,222 SURGICAL PROCEDURES (INCLUDING ENDOSCOPY), 0 BIRTHS, 75,149 RADIOLOGY PROCEDURES, AND 272,101 OUTPATIENT PROVIDER ENCOUNTERS.

    Expenses $128,619,193 · Revenue $177,874,277

As filed on the 2023 return.

Listed in Part VII

  • Leonard Stepp

    PRESIDENT/CEO

    Total calculated
    $0
    Hours/week
    40 + 0.3 related

  • Daniel Keaton MD

    CHIEF OF STAFF (STARTING APRIL 2023)

    Total calculated
    $351,253
    From this org
    $319,410
    From related orgs
    $0
    Other
    $31,843
    Hours/week
    60 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $319,030
    Bonus
    $0
    Other
    $380
    Deferred
    $8,869
    Nontaxable benefits
    $22,974
    Filer's total
    $351,253

  • David Novak MD

    VICE-CHIEF OF STAFF(STARTING MAY 2023)

    Total calculated
    $768,007
    From this org
    $713,784
    From related orgs
    $0
    Other
    $54,223
    Hours/week
    60 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $600,637
    Bonus
    $112,767
    Other
    $380
    Deferred
    $13,200
    Nontaxable benefits
    $41,023
    Filer's total
    $768,007

  • Nancy Kister

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Craig Sernik

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Roger Corlett

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Peg Carlo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Joe Giangola

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Rev Vernon Palo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • David Pontius

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Marlene Sartini

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Jim Timonere

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Richard Parker MD

    BOARD MEMBER/CCF REPRESENT

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Kelly Hancock

    BOARD MEMBER/CCF REPRESENT

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Jason Hergenroeder

    BOARD MEMBER/CCF REPRESENT

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Alexander Taich MD

    CHIEF OF STAFF (LEFT APRIL 2023)

    Total calculated
    $1,584,080
    From this org
    $1,529,857
    From related orgs
    $0
    Other
    $54,223
    Hours/week
    60 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $1,275,808
    Bonus
    $253,801
    Other
    $248
    Deferred
    $13,200
    Nontaxable benefits
    $41,023
    Filer's total
    $1,584,080

  • Evangelos J Bibidakis

    VICE CHIEF OF STAFF (LEFT MAY 2023)

    Total calculated
    $292,185
    From this org
    $266,423
    From related orgs
    $0
    Other
    $25,762
    Hours/week
    60 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $246,966
    Bonus
    $19,134
    Other
    $323
    Deferred
    $10,026
    Nontaxable benefits
    $15,736
    Filer's total
    $292,185

  • Alanna Dames

    VP FINANCE/CFO (STARTING MAY 2023)

    Total calculated
    $0
    Hours/week
    40 + 0.6 related

  • Amanda Clark

    CNO

    Total calculated
    $0
    Hours/week
    40 + 0.6 related

  • Nathaniel S Franley MD

    PHYSICIAN

    Total calculated
    $842,808
    From this org
    $806,961
    From related orgs
    $0
    Other
    $35,847
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $699,459
    Bonus
    $107,352
    Other
    $150
    Deferred
    $13,200
    Nontaxable benefits
    $22,647
    Filer's total
    $842,808

  • John Lee

    PHYSICIAN

    Total calculated
    $924,928
    From this org
    $872,755
    From related orgs
    $0
    Other
    $52,173
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $641,207
    Bonus
    $230,459
    Other
    $1,089
    Deferred
    $13,200
    Nontaxable benefits
    $38,973
    Filer's total
    $924,928

  • Shinoj Pattali Jayavalsan MD

    PHYSICIAN

    Total calculated
    $948,738
    From this org
    $902,754
    From related orgs
    $0
    Other
    $45,984
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $627,968
    Bonus
    $274,621
    Other
    $165
    Deferred
    $13,200
    Nontaxable benefits
    $32,784
    Filer's total
    $948,738

  • Pazhaniaandi Tirounilacandin MD

    PHYSICIAN

    Total calculated
    $765,527
    From this org
    $715,982
    From related orgs
    $0
    Other
    $49,545
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $611,611
    Bonus
    $104,222
    Other
    $149
    Deferred
    $11,779
    Nontaxable benefits
    $37,766
    Filer's total
    $765,527

  • Sathish V Adigopula

    PHYSICIAN

    Total calculated
    $893,889
    From this org
    $842,716
    From related orgs
    $0
    Other
    $51,173
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $682,550
    Bonus
    $159,918
    Other
    $248
    Deferred
    $13,200
    Nontaxable benefits
    $37,973
    Filer's total
    $893,889

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

The filer's explanations (Part III)

PART I, LINE 3
SALARIES ARE REVIEWED APPROXIMATELY EVERY TWO YEARS. SALARIES ARE COMPARED TO LOCAL, REGIONAL, AND NATIONAL MARKET RATES AND IN CONJUNCTION WITH THE CEO AND CFO TO DETERMINE COMPENSATION. WHEN OPENINGS FOR KEY POSITIONS BECOME AVAILABLE, THE HUMAN RESOURCES DEPARTMENT EXAMINES THE MARKET RATES TO DETERMINE A STARTING SALARY.

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
8 November 2024
IRS schema version
2023v5.1
Source object
202433169349305953

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