Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $344,925

• 1d · Related organizations

  $782,310

• 1e · Government grants (contributions)

  $2,581,465

• 1f · All other contributions, gifts and grants

  $3,469,678

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

  total $803,807,646 · related or exempt $803,807,646

• 2b · Program service revenue: PROGRAM RENTAL INCOME

  total $9,672,613 · related or exempt $9,672,613

• 2c · Program service revenue: OTHER OPERATING REVENUE

  total $7,818,106 · related or exempt $7,818,106

• 2d · Program service revenue: MANAGEMENT SERVICES

  total $2,823,183 · related or exempt $2,823,183

• 2e · Program service revenue: LAB FEES

  total $1,745,822 · unrelated business $1,745,822

• 2f · All other program service revenue

  total $947,888 · related or exempt $947,888

• 3 · Investment income

  total $2,608,492 · excluded $2,608,492

• 7a · Gross sales of assets other than inventory

  securities $55,402,692 · other assets $8,983

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

  securities $56,058,645 · other assets $448,720

• 7c · Gain or loss

  securities -$655,953 · other assets -$439,737

• 7d · Net gain or loss

  total -$1,095,690 · excluded -$1,095,690

• 8a · Fundraising events: gross income

  $0

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

  $344,925

• 8b · Fundraising events: direct expenses

  $95,273

• 8c · Net income from fundraising events

  total -$95,273 · excluded -$95,273

• 11a · Other revenue: INCOME FROM PARTNERSHIPS/LLCS

  total $212,219 · related or exempt -$41,086 · unrelated business $253,305

• 11e · Other revenue, total

  $212,219

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,084,161 · program services $3,084,161

• 2 · Grants to domestic individuals

  total $16,800 · program services $16,800

• 5 · Compensation of officers, directors and key employees

  total $4,094,363 · program services $3,891,692 · management and general $196,529 · fundraising $6,142

• 7 · Other salaries and wages

  total $245,867,727 · program services $233,697,274 · management and general $11,801,651 · fundraising $368,802

• 8 · Pension plan contributions

  total $4,640,837 · program services $4,411,116 · management and general $222,760 · fundraising $6,961

• 9 · Other employee benefits

  total $21,803,642 · program services $20,724,362 · management and general $1,046,575 · fundraising $32,705

• 10 · Payroll taxes

  total $18,451,580 · program services $17,538,227 · management and general $885,676 · fundraising $27,677

• 11a · Fees: management

  total $117,983,349 · program services $112,143,173 · management and general $5,663,201 · fundraising $176,975

• 11b · Fees: legal

  total $185,434 · program services $176,255 · management and general $8,901 · fundraising $278

• 11c · Fees: accounting

  total $10,500 · program services $9,980 · management and general $504 · fundraising $16

• 11f · Fees: investment management

  total $157,070 · program services $149,295 · management and general $7,539 · fundraising $236

• 11g · Fees: other

  total $146,520,971 · program services $139,268,181 · management and general $7,033,007 · fundraising $219,783

• 12 · Advertising and promotion

  total $27,931 · program services $26,548 · management and general $1,341 · fundraising $42

• 13 · Office expenses

  total $5,468,331 · program services $5,197,649 · management and general $262,480 · fundraising $8,202

• 14 · Information technology

  total $1,437,716 · program services $1,366,549 · management and general $69,010 · fundraising $2,157

• 16 · Occupancy

  total $23,925,989 · program services $22,741,653 · management and general $1,148,447 · fundraising $35,889

• 17 · Travel

  total $2,471,961 · program services $2,349,599 · management and general $118,654 · fundraising $3,708

• 19 · Conferences, conventions and meetings

  total $448,461 · program services $426,262 · management and general $21,526 · fundraising $673

• 20 · Interest

  total $914,799 · program services $869,517 · management and general $43,910 · fundraising $1,372

• 22 · Depreciation, depletion and amortization

  total $27,700,338 · program services $26,329,171 · management and general $1,329,616 · fundraising $41,551

• 23 · Insurance

  total $4,772,199 · program services $4,535,975 · management and general $229,066 · fundraising $7,158

• 24a · Other expenses: MEDICAL AND HOSPITAL SU

  total $128,871,983 · program services $122,492,820 · management and general $6,185,855 · fundraising $193,308

• 24b · Other expenses: PROVIDER ASSESSMENT

  total $36,856,147 · program services $35,031,768 · management and general $1,769,095 · fundraising $55,284

• 24c · Other expenses: BAD DEBT EXPENSE

  total $32,003,883 · program services $30,419,691 · management and general $1,536,186 · fundraising $48,006

• 24d · Other expenses: REPAIRS AND MAINTENANCE

  total $5,555,947 · program services $5,280,928 · management and general $266,685 · fundraising $8,334

• 24e · All other expenses

  total $5,474,418 · program services $5,203,436 · management and general $262,771 · fundraising $8,211

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $715,275 · end of year $946,838

• 3 · Pledges and grants receivable

  beginning of year $19,685,491 · end of year $18,925,233

• 4 · Accounts receivable

  beginning of year $189,433,358 · end of year $77,067,838

• 7 · Other notes and loans receivable

  beginning of year $28,141 · end of year $136,141

• 8 · Inventories for sale or use

  beginning of year $18,736,466 · end of year $17,629,966

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,361,239 · end of year $7,143,952

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

  $745,256,347

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

  $465,217,024

• 10c · Land, buildings and equipment, net

  beginning of year $285,293,169 · end of year $280,039,323

• 11 · Investments: publicly traded securities

  beginning of year $72,250,366 · end of year $55,735,909

• 12 · Investments: other securities

  beginning of year $2,161,653 · end of year $4,239,105

• 14 · Intangible assets

  beginning of year $10,760 · end of year $10,760

• 17 · Accounts payable and accrued expenses

  beginning of year $123,595,295 · end of year $28,256,500

• 19 · Deferred revenue

  beginning of year $22,285 · end of year $62,886

• 20 · Tax-exempt bond liabilities

  beginning of year $200,214,220 · end of year $190,975,286

• 25 · Other liabilities

  beginning of year $29,607,243 · end of year $30,625,987

• 27 · Net assets without donor restrictions

  beginning of year $220,491,678 · end of year $192,716,884

• 28 · Net assets with donor restrictions

  beginning of year $19,745,197 · end of year $19,237,522

The filer's explanations (Part III)

PART I, LINE 1A

PART I, LINE 1A - TRUSTEES WHO ARE UNCOMPENSATED VOLUNTEERS TRAVELING FOR BUSINESS RELATED REASONS ON BEHALF OF THE ORGANIZATION ARE REIMBURSED FOR THE COST OF SPOUSAL TRAVEL. REIMBURSEMENTS PAID FOR SPOUSAL TRAVEL ARE REIMBURSED AND REPORTED AS INCOME ON A FORM 1099 IN THE YEAR PAID. EXECUTIVES WHO ARE TRAVELING FOR BUSINESS RELATED REASONS ON BEHALF OF THE ORGANIZATION ARE REIMBURSED FOR THE COST OF SPOUSAL MEALS PROVIDED AND THE AMOUNT IS REPORTED AS INCOME ON THE EXECUTIVE'S W-2.

PART I, LINE 4B

STEPHEN MANDELL RECEIVED A 457(F) DISTRIBUTION OF $44,124. RICHARD LEWIS RECEIVED A 457(F) DISTRIBUTION OF $19,136. MARIE FREDRICK RECEIVED A 457(F) DISTRIBUTION OF $41,265. ALAN EDWARDS RECEIVED A 457(F) DISTRIBUTION OF $22,583.

PART I, LINE 7

PART I, LINE 7 - ALL EXECUTIVES HAVE AS A PART OF THEIR COMPENSATION A VARIABLE COMPONENT SUCH THAT THEY ARE ELIGIBLE TO RECEIVE A PERCENTAGE OF THEIR BASE PAY AS AN INCENTIVE FOR THE ACHIEVEMENT OF INDIVIDUAL AND CORPORATE GOALS AND OBJECTIVES.

SCHEDULE J

INDEPENDENT BOARD TRUSTEES RECEIVE NO COMPENSATION.

Disregarded entities

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

• MEDIDOCTORS LLC

  MEDICAL · VA · income $7,924 · assets -$4,990

  Directly controlled by MARY WASHINGTON HEALTHCARE CLINICAL SERVICES INC

• MARY WASHINGTON MEDICAL GROUP - HOSPITALIST SERVICES LLC

  MEDICAL · VA · income $27,413,806 · assets $655,896

  Directly controlled by MARY WASHINGTON HEALTHCARE CLINICAL SERVICES INC

• MARY WASHINGTON EYE CARE LLC

  MEDICAL · VA · income $2,218,656 · assets $869,390

• MWHC URGENT CARE LLC

  MEDICAL · VA · income $8,950,383 · assets $1,145,075

Related partnerships

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

• FREDERICKSBURG AMBULATORY SURGERY CENTER

  RELATED · SURGERY CTR · VA · 59.38% owned · share of income $1,658,408 · share of assets $15,461 · general or managing partner

  Directly controlled by MWHC CLINICAL SERVICES INC

• MEDICAL IMAGING OF FREDERICKSBURG

  RELATED · IMAGING · VA · 51% owned · share of income $8,034,290 · share of assets $4,215,828 · general or managing partner

  Directly controlled by MWHC CLINICAL SERVICES INC

• COWAN INVESTMENT PARTNERS LLC

  RELATED · REAL ESTATE · VA · 12.5% owned · share of income $11,486 · share of assets $34,148

  Directly controlled by MEDICORP PROPERTIES INC

• SPOTSYLVANIA PARKWAY MEDICAL PLAZA LLC

  RELATED · REAL ESTATE · VA · 42.78% owned · share of income $197,340 · share of assets -$701,312

  Directly controlled by MEDICORP PROPERTIES INC

• COMMONWEALTH IMAGING LLC

  RELATED · IMAGING · VA · 33.33% owned · share of income $62,566 · share of assets $84,543

  Directly controlled by MWHC SERVICES INC

• MWHC ENDOSCOPY HOLDINGS LLC

  RELATED · ENDOSCOPY · VA · 60% owned · share of income $1,344,741 · share of assets $174,181 · general or managing partner

  Directly controlled by MWHC CLINICAL SERVICES INC

• FREDERICKSBURG ENDOSCOPY CENTER LLC

  RELATED · ENDOSCOPY · VA · 51% owned · share of income $2,263,999 · share of assets $291,694

  Directly controlled by MWHC ENDOSCOPY HOLDINGS LLC

Related corporations and trusts

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

• FREDERICKSBURG PROFESSIONAL RISK EXCHANGE

  C · CAPTIVE INSURANCE · VT · 100% owned · share of income $2,148,217 · share of assets $13,450,326

  Directly controlled by MWHC

• MARY WASHINGTON HEALTHCARE SERVICES INC

  C · RETAIL MEDICAL · VA · 100% owned · share of income -$45,653 · share of assets $778,260

  Directly controlled by MWHC

• MARY WASHINGTON HEALTH PLAN

  C · HEALTH MAINTENANCE · VA · 100% owned · share of income -$8,343,074 · share of assets $18,919,654

  Directly controlled by MWHC

• PINNACLE HEALTH CORPORATION

  C · HEALTH MANAGEMENT · VA · 100% owned · share of income $1,445 · share of assets $293,221

  Directly controlled by MWHA