Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $66,300

• 1e · Government grants (contributions)

  $21,869,945

• 1f · All other contributions, gifts and grants

  $14,491,803

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $83,478,853 · related or exempt $83,478,853

• 3 · Investment income

  total $766,806 · excluded $766,806

• 6a · Gross rents

  real property $1,571,100

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $1,571,100

• 6d · Net rental income or loss

  total $1,571,100 · excluded $1,571,100

• 7a · Gross sales of assets other than inventory

  securities $1,475,851

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

  securities $1,287,536

• 7c · Gain or loss

  securities $188,315

• 7d · Net gain or loss

  total $188,315 · excluded $188,315

• 8a · Fundraising events: gross income

  $45,140

• 8a · Fundraising events: contributions included on line 1c

  $66,300

• 8b · Fundraising events: direct expenses

  $48,020

• 8c · Net income from fundraising events

  total -$2,880 · excluded -$2,880

• 11a · Other revenue: MISCELLANEOUS

  total $184,132 · related or exempt $184,132

• 11e · Other revenue, total

  $184,132

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $161,877 · program services $161,877

• 5 · Compensation of officers, directors and key employees

  total $3,112,022 · management and general $3,112,022

• 7 · Other salaries and wages

  total $52,855,447 · program services $45,407,348 · management and general $7,448,099

• 8 · Pension plan contributions

  total $2,171,803 · program services $1,843,009 · management and general $328,794

• 9 · Other employee benefits

  total $6,877,254 · program services $5,568,624 · management and general $1,308,630

• 10 · Payroll taxes

  total $3,794,318 · program services $3,048,715 · management and general $745,603

• 11b · Fees: legal

  total $361,432 · management and general $361,432

• 11c · Fees: accounting

  total $104,700 · management and general $104,700

• 11g · Fees: other

  total $3,167,009 · program services $1,710,761 · management and general $1,456,248

• 12 · Advertising and promotion

  total $18,125 · management and general $18,125

• 13 · Office expenses

  total $1,023,991 · program services $651,825 · management and general $372,166

• 16 · Occupancy

  total $4,486,090 · program services $3,369,255 · management and general $1,116,835

• 17 · Travel

  total $358,254 · program services $43,136 · management and general $315,118

• 20 · Interest

  total $1,452,886 · program services $997,247 · management and general $455,639

• 22 · Depreciation, depletion and amortization

  total $3,712,491 · program services $2,357,711 · management and general $1,354,780

• 23 · Insurance

  total $937,455 · program services $521,772 · management and general $415,683

• 24a · Other expenses: MEDICAL SUPPLIES AND SE

  total $8,501,383 · program services $8,501,383

• 24b · Other expenses: LICENSES & FEES

  total $4,390,230 · program services $4,390,230

• 24c · Other expenses: DATA PROCESSING

  total $4,172,964 · program services $3,270,374 · management and general $902,590

• 24d · Other expenses: MISCELLANEOUS

  total $481,320 · program services $62,771 · management and general $418,549

• 24e · All other expenses

  total $939,877 · program services $467,978 · management and general $471,899

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,530,369 · end of year $22,771,105

• 2 · Savings and temporary cash investments

  beginning of year $177,290 · end of year $214,778

• 4 · Accounts receivable

  beginning of year $16,847,076 · end of year $26,080,205

• 5 · Loans and receivables from officers and key people

  beginning of year $2,906,055 · end of year $4,035,935

• 7 · Other notes and loans receivable

  beginning of year $9,852,462 · end of year $9,701,514

• 9 · Prepaid expenses and deferred charges

  beginning of year $622,861 · end of year $938,183

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

  $95,810,652

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

  $33,364,049

• 10c · Land, buildings and equipment, net

  beginning of year $44,392,779 · end of year $62,446,603

• 11 · Investments: publicly traded securities

  beginning of year $10,401,894 · end of year $11,742,976

• 15 · Other assets

  beginning of year $32,353,503 · end of year $18,943,262

• 17 · Accounts payable and accrued expenses

  beginning of year $6,813,714 · end of year $7,607,114

• 20 · Tax-exempt bond liabilities

  beginning of year $8,157,727 · end of year $7,725,379

• 23 · Secured mortgages and notes payable

  beginning of year $15,126,004 · end of year $23,064,080

• 25 · Other liabilities

  beginning of year $31,861,357 · end of year $16,402,895

• 27 · Net assets without donor restrictions

  beginning of year $67,125,487 · end of year $101,725,093

• 28 · Net assets with donor restrictions

  end of year $350,000

The filer's explanations (Part III)

PART I, LINE 4A

ANDREW SAAL RECEIVED A SEVERANCE PAYMENT OF $171,559

Disregarded entities

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

• PCHC BEAMAN AND SMITH MILL MASTER TENANT LLC (DISSOLVED 62023)

  TO LEASE PROPERTY FROM PCHC BEAMAN AND SMITH MILL, LLC. · RI · income $691,024 · assets $0

  Directly controlled by THE PROVIDENCE COMMUNITY HEALTH CENTERS INC

Related corporations and trusts

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

• B&S MILL INC (DISSOLVED 62023)

  C · TO SERVE AS THE MANAGER OF PCHC B&S MILL, LLC AND PCHC B&S MILL MT, LLC · RI · 100% owned

  Directly controlled by THE PROVIDENCE COMMUNITY HEALTH CENTERS INC