Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $32,000

• 1d · Related organizations

  $707,193

• 1e · Government grants (contributions)

  $595,558

• 1f · All other contributions, gifts and grants

  $198,383

• 2a · Program service revenue: Patient Service Revenue

  total $83,980,199 · related or exempt $83,980,199

• 2b · Program service revenue: Assisted Living

  total $2,353,647 · related or exempt $2,353,647

• 2c · Program service revenue: Pharmacy Revenue

  total $586,769 · related or exempt $586,769

• 2d · Program service revenue: Retirement Housing

  total $555,382 · related or exempt $555,382

• 2e · Program service revenue: Cafeteria Revenue

  total $424,457 · related or exempt $424,457

• 2f · All other program service revenue

  total $985,893 · related or exempt $985,893

• 3 · Investment income

  total $1,518,659 · excluded $1,518,659

• 6a · Gross rents

  real property $575,425

• 6b · Less rental expenses

  real property $786,790

• 6c · Rental income or loss

  real property -$211,365

• 6d · Net rental income or loss

  total -$211,365 · excluded -$211,365

• 7a · Gross sales of assets other than inventory

  securities $14,774,862 · other assets $265,043

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

  securities $11,759,294 · other assets $648,714

• 7c · Gain or loss

  securities $3,015,568 · other assets -$383,671

• 7d · Net gain or loss

  total $2,631,897 · excluded $2,631,897

• 11a · Other revenue: Insurance Proceeds

  total $35,955 · related or exempt $35,955

• 11e · Other revenue, total

  $35,955

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $276,724 · program services $276,724

• 5 · Compensation of officers, directors and key employees

  total $990,089 · management and general $990,089

• 6 · Compensation of disqualified persons

  total $16,578 · program services $16,578

• 7 · Other salaries and wages

  total $39,182,864 · program services $38,561,387 · management and general $621,477

• 8 · Pension plan contributions

  total $959,178 · program services $935,827 · management and general $23,351

• 9 · Other employee benefits

  total $4,088,707 · program services $4,027,378 · management and general $61,329

• 10 · Payroll taxes

  total $2,706,532 · program services $2,605,247 · management and general $101,285

• 11b · Fees: legal

  total $72,537 · management and general $72,537

• 11c · Fees: accounting

  total $284,921 · program services $15,500 · management and general $269,421

• 11d · Fees: lobbying

  total $13,820 · management and general $13,820

• 11g · Fees: other

  total $11,670,423 · program services $10,857,967 · management and general $812,456

• 12 · Advertising and promotion

  total $216,092 · program services $7,942 · management and general $208,150

• 13 · Office expenses

  total $1,385,429 · program services $1,344,716 · management and general $40,713

• 16 · Occupancy

  total $2,054,116 · program services $2,039,894 · management and general $14,222

• 17 · Travel

  total $393,798 · program services $333,618 · management and general $60,180

• 20 · Interest

  total $715,345 · program services $715,345

• 22 · Depreciation, depletion and amortization

  total $8,240,547 · program services $8,240,547

• 23 · Insurance

  total $607,734 · program services $607,734

• 24a · Other expenses: Medical Supplies

  total $20,238,278 · program services $20,238,137 · management and general $141

• 24b · Other expenses: Repairs and Maintenance

  total $4,047,727 · program services $3,998,454 · management and general $49,273

• 24c · Other expenses: Tax Assessment

  total $1,211,141 · program services $1,211,141

• 24d · Other expenses: Food

  total $894,048 · program services $894,048

• 24e · All other expenses

  total $392,585 · program services $326,492 · management and general $66,093

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $2,832,165 · end of year $1,784,084

• 3 · Pledges and grants receivable

  end of year $287,236

• 4 · Accounts receivable

  beginning of year $10,241,127 · end of year $11,440,582

• 7 · Other notes and loans receivable

  beginning of year $189 · end of year $1,000

• 8 · Inventories for sale or use

  beginning of year $2,759,179 · end of year $2,847,873

• 9 · Prepaid expenses and deferred charges

  beginning of year $910,980 · end of year $1,031,764

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

  $172,876,054

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

  $102,147,438

• 10c · Land, buildings and equipment, net

  beginning of year $69,973,059 · end of year $70,728,616

• 11 · Investments: publicly traded securities

  beginning of year $81,131,772 · end of year $85,880,112

• 12 · Investments: other securities

  beginning of year $4,254,372

• 15 · Other assets

  beginning of year $21,802,843 · end of year $24,227,945

• 17 · Accounts payable and accrued expenses

  beginning of year $10,256,390 · end of year $7,277,400

• 19 · Deferred revenue

  end of year $1,212,090

• 20 · Tax-exempt bond liabilities

  beginning of year $27,896,801 · end of year $5,209,052

• 23 · Secured mortgages and notes payable

  beginning of year $412,127 · end of year $28,027,646

• 25 · Other liabilities

  beginning of year $1,475,469 · end of year $1,173,831

• 27 · Net assets without donor restrictions

  beginning of year $137,522,089 · end of year $132,799,898

• 28 · Net assets with donor restrictions

  beginning of year $16,342,810 · end of year $22,529,295

The filer's explanations (Part III)

Part I, Line 4b

St. Anthony Regional Hospital and Nursing home has a non-qualified deferred compensation plan that complies with section 457(f) of the Internal Revenue Code and the short-term deferral provisions of section 409A of the code. The plan is to be an unfunded plan maintained primarily for the purpose of providing deferred compensation benefits for a select group of management or highly compensated employees. Edward H. Smith Jr. was paid $34,787 for his 457f plan in calendar year 2022.

Part I, Line 7

In their roles as executives employed by St. Anthony Regional Hospital and Nursing Home, the executives are eligible for incentive payouts. The incentive award will be a percentage of the base pay compensation for the CEO, CFO, and other executives. The ultimate payout includes a reduction/increase multiplier depending on whether the organization reached specified performance metrics identified by the Board of Directors.