Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $28,472,552

• 1f · All other contributions, gifts and grants

  $10,228,882

• 1g · Noncash contributions included above

  $5,103,668

• 2a · Program service revenue: PROGRAM SERV REVENUES

  total $673,157,681 · related or exempt $673,157,681

• 3 · Investment income

  total $38,418,997 · excluded $38,418,997

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

  securities $5,412,021

• 7c · Gain or loss

  securities -$5,412,021

• 7d · Net gain or loss

  total -$5,412,021 · excluded -$5,412,021

• 11a · Other revenue: SWAP VALUATION ADJ

  total $89,063,871 · related or exempt $89,063,871

• 11b · Other revenue: INTERCOMPANY TRANSFERS

  total $28,614,223 · related or exempt $28,614,223

• 11c · Other revenue: JOINT VENTURE INCOME

  total -$20,900,779 · related or exempt -$20,900,779

• 11d · All other revenue

  total $36,598,913 · related or exempt $36,598,913

• 11e · Other revenue, total

  $133,376,228

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,301,213 · program services $4,301,213

• 3 · Grants to foreign organizations and individuals

  total $517,491 · program services $517,491

• 5 · Compensation of officers, directors and key employees

  total $25,660,752 · management and general $25,660,752

• 6 · Compensation of disqualified persons

  total $636,916 · management and general $636,916

• 7 · Other salaries and wages

  total $346,178,968 · program services $276,943,175 · management and general $69,235,793

• 8 · Pension plan contributions

  total -$21,612,546 · program services -$17,290,037 · management and general -$4,322,509

• 9 · Other employee benefits

  total $33,600,006 · program services $26,880,005 · management and general $6,720,001

• 10 · Payroll taxes

  total $24,509,026 · program services $19,607,221 · management and general $4,901,805

• 11b · Fees: legal

  total $2,905,816 · program services $2,324,653 · management and general $581,163

• 11c · Fees: accounting

  total $254,500 · program services $203,600 · management and general $50,900

• 11d · Fees: lobbying

  total $5,105 · management and general $5,105

• 11g · Fees: other

  total $41,695,086 · program services $33,356,069 · management and general $8,339,017

• 12 · Advertising and promotion

  total $23,279,319 · program services $18,623,455 · management and general $4,655,864

• 13 · Office expenses

  total $10,106,812 · program services $8,085,450 · management and general $2,021,362

• 14 · Information technology

  total $110,654,926 · program services $88,523,941 · management and general $22,130,985

• 16 · Occupancy

  total $22,140,967 · program services $17,712,774 · management and general $4,428,193

• 17 · Travel

  total $1,339,940 · program services $1,071,952 · management and general $267,988

• 20 · Interest

  total $50,998,311 · program services $40,798,649 · management and general $10,199,662

• 22 · Depreciation, depletion and amortization

  total $112,761,378 · program services $90,209,102 · management and general $22,552,276

• 23 · Insurance

  total -$10,214,715 · program services -$10,214,715

• 24a · Other expenses: UBI TAXES PAID

  total $50,000 · management and general $50,000

• 24b · Other expenses: PENSION SETTLEMENT COST

  total $71,260,576 · program services $57,008,461 · management and general $14,252,115

• 24c · Other expenses: OTH PURCH SERVICES

  total $49,432,475 · program services $39,545,980 · management and general $9,886,495

• 24d · Other expenses: DUES AND MEMBERSHIPS

  total $3,415,749 · program services $2,732,599 · management and general $683,150

• 24e · All other expenses

  total $304,257 · program services $243,406 · management and general $60,851

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $623,436,000 · end of year $208,767,716

• 3 · Pledges and grants receivable

  beginning of year $8,804,000 · end of year $9,110,230

• 4 · Accounts receivable

  beginning of year $43,968,000 · end of year $31,309,187

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $20,608

• 9 · Prepaid expenses and deferred charges

  beginning of year $61,903,000 · end of year $38,039,343

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

  $1,339,345,676

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

  $777,155,000

• 10c · Land, buildings and equipment, net

  beginning of year $498,349,000 · end of year $562,190,676

• 11 · Investments: publicly traded securities

  beginning of year $1,903,847,000 · end of year $1,648,880,357

• 12 · Investments: other securities

  beginning of year $485,209,000 · end of year $460,687,765

• 13 · Investments: program-related

  beginning of year $2,335,197,000 · end of year $2,447,500,763

• 15 · Other assets

  beginning of year $121,425,000 · end of year $229,258,227

• 17 · Accounts payable and accrued expenses

  beginning of year $353,317,000 · end of year $381,879,144

• 19 · Deferred revenue

  beginning of year $0 · end of year $9,956,926

• 20 · Tax-exempt bond liabilities

  beginning of year $1,719,216,000 · end of year $1,706,376,674

• 23 · Secured mortgages and notes payable

  beginning of year $8,822,000 · end of year $67,645,000

• 25 · Other liabilities

  beginning of year $784,560,000 · end of year $625,609,869

• 27 · Net assets without donor restrictions

  beginning of year $2,628,314,000 · end of year $2,305,516,551

• 28 · Net assets with donor restrictions

  beginning of year $587,909,000 · end of year $538,780,708

The filer's explanations (Part III)

PART I, LINE 7

MANAGEMENT INCENTIVE PLAN (MIP) PAYMENTS ARE CALCULATED ANNUALLY AS A PERCENTAGE OF BASE SALARY BASED UPON GOAL ATTAINMENT FOR EACH INCENTIVE CYCLE. THE ELIGIBLE INCENTIVE PERCENTAGE IS DEPENDENT UPON EACH INDIVIDUAL'S LEADERSHIP LEVEL IN THE ORGANIZATION.

PART I, LINE 8

CERTAIN EMPLOYEE COMPENSATION DISCLOSED IN PART VII MEET THE REQUIREMENTS OF THE INITIAL CONTRACT EXCEPTION.

PART I, LINE 4A:

UNDER A VOLUNTARY TERMINATION AGREEMENT ENTERED INTO BY THE EMPLOYEE AND THE ORGANIZATION OR UPON A QUALIFYING TERMINATION DEFINED AS AN INVOLUNTARY SEPARATION FROM SERVICE OTHER THAN FOR CAUSE, THE EMPLOYEE IS ENTITLED TO SEVERANCE PAY BASED UPON YEARS OF SERVICE. THE TERMS AND CONDITIONS TO RECEIVE SEVERANCE PAYMENTS REQUIRE THE EMPLOYEE TO SIGN A RELEASE OF CLAIMS FORM THAT COVERS ALL SITUATIONS SURROUNDING THE EMPLOYEE'S EMPLOYMENT AND SEPARATION. SEVERANCE PAYMENTS WERE MADE DURING THE YEAR TO THE FOLLOWING LISTED PERSON IN PART VII: BRIEN, WILLIAM W. MD: $408,101 PART I, LINE 4B: ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B (III) IN THE YEAR PAID. SUPPLEMENTAL NONQUALIFIED PLAN PAYMENTS WERE MADE DURING THE YEAR TO THE FOLLOWING LISTED PERSON IN PART VII: STANDLEY, STEVEN D. ($186,632 - SERP) KEEGAN, ARTHUR E. ($286,242 - SERP)

FORM 990, SCHEDULE J, PART II:

FORM 990 REPORTING REQUIREMENTS RELATED TO ITEMS SUCH AS DEFERRED COMPENSATION PROGRAMS REQUIRE DUAL REPORTING IN SOME YEARS FOR VARIOUS PARTICIPANTS. AS SUCH, AMOUNTS MAY BE SHOWN IN PART VII AND SCHEDULE J DURING A YEAR IN WHICH THOSE AMOUNTS WERE DEFERRED, AND AGAIN IN SUBSEQUENT YEARS IN PART VII AND SCHEDULE J WHEN ACTUALLY PAID. ONLY SCHEDULE J INCLUDES A COLUMN (F), NOTING THESE AMOUNTS WERE PREVIOUSLY REPORTED.

Disregarded entities

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

• JWR COMMERCIAL PROPERTIES LLC

  INACTIVE · OH · income $0 · assets $0

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC

• CHESTER ROAD COMMERCIAL PROPERTIES LLC

  INACTIVE · OH · income $0 · assets $0

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC

• UH HEALTH SOLUTIONS LLC

  SUPPORT SERVICES · OH · income $41,267 · assets $5,010,001

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC

• UH RESEARCH EDUCATION AND COLLABORATION LLC

  SUPPORT SERVICES · OH · income $0 · assets $0

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC

• UNIVERSITY HOSPITALS CRITICAL CARE TRANSPORT LLC

  SUPPORT SERVICES · OH · income $0 · assets $0

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC

Related partnerships

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

• CONCORD MEDICAL CAMPUS PHYSICIAN BUILDING LLC

  OFFICE SPACE · OH

• NEW MANNA CLG LLC

  MEDICAL SERVICES · OH

• SAMARITAN REGIONAL PAIN MANAGEMENT LLC

  MEDICAL SERVICES · OH

• UH CANTON ENDOSCOPY LLC

  MEDICAL SERVICES · OH

• UH CLINICAL ASSOCIATES LLC

  MEDICAL SERVICES · OH

• UH VALUEHEALTH HOLDINGS LLC

  HOLDING COMPANY · OH

• UHHS ENDOSCOPY HOLDINGS LLC

  MEDICAL SERVICES · OH

• UNIVERSITY SUBURBAN REAL ESTATE LTD

  RELATED · REAL ESTATE · OH · 50.83% owned · share of income -$314,478 · share of assets $9,463,342 · general or managing partner

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC

Related corporations and trusts

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

• COMPREHENSIVE VENTURES UNLIMITED INC

  C · PHYSICIAN ADMINISTRATION · OH · controlled entity

• EMH MEDICAL OFFICE BUILDING IN AVON INC

  C · REAL ESTATE · OH · controlled entity

• EMH PROFESSIONAL SERVICES INC

  C · PHYSICIANS GROUP · OH · controlled entity

• LHS ASSURANCE LTD

  C · INSURANCE · CJ · controlled entity

• NORTH OHIO HEART INC

  C · PHYSICIANS GROUP · OH · controlled entity

• POWERS PROFESSIONAL CORPORATION

  C · PHYSICIANS GROUP · OH · controlled entity

• PRL CORPORATION

  C · PHYSICIANS GROUP · OH · controlled entity

• QUALITY CARE NETWORK INC

  C · MEDICAL MANAGEMENT · OH · controlled entity

• USHC MANAGEMENT INC

  C · HOLDING COMPANY · OH · 100% owned · controlled entity

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC

• UHHS PROVIDER AND CENTRAL VERIFICATION ORGANIZATION INC

  C · MEDICAL MANAGEMENT · OH · controlled entity

• UNIVERSITY HOSPITALS ACCOUNTABLE CARE ORGANIZATION INC

  C · ACCOUNT CARE · OH · controlled entity

• UNIVERSITY HOSPITALS HOLDINGS INC

  C · HOLDING COMPANY · OH · 100% owned · share of income $568,814,946 · share of assets $172,695,625 · controlled entity

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC

• UNIVERSITY HOSPITALS PHYSICIAN SERVICES INC

  C · PHYSICIAN ADMINISTRATION · OH · controlled entity

• UNIVERSITY PRIMARY CARE PRACTICES INC

  C · PHYSICIAN GROUP · OH · controlled entity

• WESTERN RESERVE ASSURANCE CO LTD SPC

  C · INSURANCE · CJ · 100% owned · share of income $982,477 · share of assets $224,509,327 · controlled entity

  Directly controlled by UNIVERSITY HOSPITALS HEALTH SYSTEM INC