Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $128,517

• 1e · Government grants (contributions)

  $47,265

• 1f · All other contributions, gifts and grants

  $1,616,545

• 2a · Program service revenue: EDUCATION SERVICES

  total $1,565,211 · related or exempt $1,565,211

• 2b · Program service revenue: RESEARCH REVENUE

  total $1,278,295 · excluded $1,278,295

• 11a · Other revenue: AFFILIATE TRANSFER

  total $5,778,783 · related or exempt $5,778,783

• 11e · Other revenue, total

  $5,778,783

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $864,440 · management and general $864,440

• 7 · Other salaries and wages

  total $4,517,289 · program services $4,137,960 · management and general $379,329

• 8 · Pension plan contributions

  total $148,613 · program services $113,940 · management and general $34,673

• 9 · Other employee benefits

  total $728,957 · program services $478,390 · management and general $250,567

• 10 · Payroll taxes

  total $351,385 · program services $301,821 · management and general $49,564

• 11a · Fees: management

  total $85,104 · management and general $85,104

• 11g · Fees: other

  total $323,828 · program services $317,431 · management and general $6,397

• 12 · Advertising and promotion

  total $3,354 · management and general $3,354

• 13 · Office expenses

  total $674,481 · program services $208,409 · management and general $466,072

• 14 · Information technology

  total $72,908 · program services $72,908

• 16 · Occupancy

  total $1,001,652 · program services $95,235 · management and general $906,417

• 17 · Travel

  total $11,941 · program services $9,690 · management and general $2,251

• 19 · Conferences, conventions and meetings

  total $338,743 · program services $334,558 · management and general $4,185

• 22 · Depreciation, depletion and amortization

  total $181,490 · program services $147,011 · management and general $34,479

• 23 · Insurance

  total $14,649 · management and general $14,649

• 24a · Other expenses: PHARMACEUTICALS

  total $662,119 · program services $662,119

• 24b · Other expenses: DUES, BOOKS & SUBSCRPTS

  total $75,959 · program services $74,646 · management and general $1,313

• 24c · Other expenses: ALL OTHER

  total $30,016 · program services $30,016

• 24d · Other expenses: TAXES

  total $24,389 · program services $9,788 · management and general $14,601

• 24e · All other expenses

  total $40,114 · program services $27,652 · management and general $12,462

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  end of year $0

• 2 · Savings and temporary cash investments

  end of year $0

• 3 · Pledges and grants receivable

  beginning of year -$833,173 · end of year $0

• 4 · Accounts receivable

  beginning of year $223,653 · end of year $0

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $0

• 8 · Inventories for sale or use

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $61,772 · end of year $0

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $967,874 · end of year $0

• 11 · Investments: publicly traded securities

  end of year $0

• 12 · Investments: other securities

  end of year $0

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  end of year $0

• 15 · Other assets

  beginning of year $6,026,819 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $439,087 · end of year $0

• 19 · Deferred revenue

  beginning of year $739,575 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $81,639 · end of year $0

• 25 · Other liabilities

  beginning of year $3,621,588 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year -$2,561,477 · end of year $0

• 28 · Net assets with donor restrictions

  beginning of year $4,126,533 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

THE VANDALIA HEALTH, INC. BOARD OF DIRECTORS COMPENSATION COMMITTEE SELECTS AND SUPERVISES AN INDEPENDENT CONSULTANT WHO ADVISES THE COMMITTEE ON COMPENSATION ARRANGEMENTS AND TRANSACTIONS BETWEEN VANDALIA HEALTH, INC. SUBSIDIARIES (INCLUDING CHERI) AND EXECUTIVES (INCLUDING CHERI'S PRESIDENT). THE COMMITTEE USES THE DATA TO DETERMINE THE TOTAL COMPENSATION OF CHERI'S PRESIDENT AND THE OTHER EXECUTIVES. THE DATA IS REVIEWED EVERY TWO YEARS OR WHEN A NEW PERSON COMES INTO AN EXECUTIVE ROLE.

PART I, LINE 4B

TARGET BENEFIT SERP - A TARGET BENEFIT SERP IS OFFERED TO THREE EXECUTIVES, WITH AN ANNUAL EMPLOYER CONTRIBUTION THAT TARGETS PROVIDING 55% OF FINAL AVERAGE COMPENSATION AT AGE 60 FOR 30 YEARS OF SERVICE. THE TARGET BENEFIT IS OFFSET BY THE FROZEN DEFINED BENEFIT SERP ACCRUED BENEFIT, THE FROZEN RESTORATION PLAN BALANCE, EMPLOYER-PROVIDED QUALIFIED RETIREMENT BENEFITS, EMPLOYER-PROVIDED 457(B) PLAN BENEFITS, AND 50% OF AGE 62 SOCIAL SECURITY. EACH ANNUAL FUNDING CONTRIBUTION VESTS THE EARLIER OF 5 YEARS OR AGE 60. TAXES ARE ADVANCED FROM VESTED ACCOUNTS, WITH THE REMAINING BALANCE HELD UNTIL TERMINATION. ALL CONTRIBUTIONS ARE VESTED IN THE EVENT OF DEATH, DISABILITY, INVOLUNTARY TERMINATION WITHOUT CAUSE, OR VOLUNTARY TERMINATION FOR GOOD REASON FOLLOWING CHANGE OF CONTROL. UNVESTED CONTRIBUTIONS ARE FORFEITED FOR VOLUNTARY TERMINATION OR TERMINATION FOR CAUSE. DEFINED CONTRIBUTION SERP - A DEFINED CONTRIBUTION SERP IS OFFERED TO SELECT EXECUTIVES, WITH AN ANNUAL 10% OF SALARY CONTRIBUTION. EACH ANNUAL CONTRIBUTION VESTS THE EARLIER OF 5 YEARS OR AGE 65. TAXES ARE ADVANCED FROM VESTED ACCOUNTS, WITH THE REMAINING BALANCE HELD UNTIL TERMINATION. ALL CONTRIBUTIONS ARE VESTED IN THE EVENT OF DEATH, DISABILITY, INVOLUNTARY TERMINATION WITHOUT CAUSE, OR VOLUNTARY TERMINATION FOR GOOD REASON FOLLOWING CHANGE OF CONTROL. UNVESTED CONTRIBUTIONS ARE FORFEITED FOR VOLUNTARY TERMINATION OR TERMINATION FOR CAUSE. UNDER THE EXECU-FLEX BENEFIT PLAN (409A), EXECUTIVES RECEIVE 11% OF THEIR SALARY IN FLEX ALLOWANCE. THIS FLEX ALLOWANCE IS USED TO ELECT EXECUTIVE BENEFITS. ANY REMAINING FLEX ALLOWANCE IS CREDITED TO A TAX-DEFERRED CAPITAL ACCUMULATION ACCOUNT. THE MINIMUM VESTING PERIOD IS TWO YEARS, MAXIMUM AGE IS 68. A TWO YEAR NON-COMPETE AGREEMENT (SUBSTANTIAL RISK OF FORFEITURE AGREEMENT) APPLIES IF TERMINATION OF EMPLOYMENT OCCURS PRIOR TO THE VESTING DATE.

Related partnerships

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

• GENERAL DIVISION MEDICAL OFFICE BUILDING LLC

  MEDICAL OFFICE BUILDING · WV

• DASCO-CAMC HOME MEDICAL EQUIPMENT LLC

  HOME MEDICAL EQUIPMENT · WV

• MGH SURGERY LLC

  SURGERY CENTER · WV

• MON HEALTH-DASCO HOME MEDICAL EQUIPMENT LLC

  HOME MEDICAL EQUIPMENT · OH

• CHARLESTON SURGICAL HOSPITAL LLC

  SURGERY CENTER · WV

Related corporations and trusts

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

• VANDALIA INSURANCE COMPANY

  C · INSURANCE · VT

• MON HEALTH CARE INC

  C · MEDICAL EQUIPMENT · WV

• STONEWALL HOME OXYGEN THERAPY INC

  C · OXYGEN THERAPY SERVICES · WV

• HEALTH FACILITIES INCORPORATED

  C · HEALTH CARE · WV

• DAVIS REGIONAL HEALTH PARTNERS INC

  C · CONTRACT NEGOTIATIONS · WV