Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,619,455

• 2a · Program service revenue: MANAGEMENT FEES

  total $223,343,136 · related or exempt $223,343,136

• 2b · Program service revenue: ALLOCATED BENEFITS

  total $163,777,675 · related or exempt $163,777,675

• 2c · Program service revenue: LAUNDRY ALLOCATION

  total $4,510,896 · related or exempt $4,510,896

• 2d · Program service revenue: PATIENT REVENUE

  total $1,377,664 · related or exempt $1,377,664

• 2e · Program service revenue: OCC HEALTH ESCREEN REVENUE

  total $3,384,251 · related or exempt $3,384,251

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11a · Other revenue: OCCUPATIONAL HEALTH FLORENCE

  total $762,147 · related or exempt $762,147

• 11b · Other revenue: EMERGENCY MANAGEMENT

  total $359,990 · related or exempt $359,990 · unrelated business $0 · excluded $0

• 11c · Other revenue: ACCESS TO HEALTH

  total $223,208 · related or exempt $223,208 · unrelated business $0 · excluded $0

• 11d · All other revenue

  total $220,968 · related or exempt $220,968 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $1,566,313

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $4,332,506 · program services $4,332,506

• 7 · Other salaries and wages

  total $97,985,207 · program services $97,985,207

• 8 · Pension plan contributions

  total $19,651,275 · program services $19,651,275

• 9 · Other employee benefits

  total $117,246,875 · program services $117,246,875

• 10 · Payroll taxes

  total $53,155,105 · program services $53,155,105

• 11b · Fees: legal

  total $6,041,731 · management and general $6,041,731

• 11c · Fees: accounting

  total $216,370 · management and general $216,370

• 11d · Fees: lobbying

  total $80,000 · management and general $80,000

• 11g · Fees: other

  total $40,484,909 · program services $4,733,902 · management and general $35,751,007 · fundraising $0

• 12 · Advertising and promotion

  total $2,095,404 · program services $2,095,404

• 13 · Office expenses

  total $3,805,228 · program services $3,801,854 · management and general $3,374

• 14 · Information technology

  total $30,032,660 · program services $30,032,660

• 16 · Occupancy

  total $720,623 · program services $720,623

• 17 · Travel

  total $830,042 · program services $830,042

• 19 · Conferences, conventions and meetings

  total $273,794 · program services $273,794

• 20 · Interest

  total $15,003 · program services $15,003

• 22 · Depreciation, depletion and amortization

  total $5,056,113 · program services $5,056,113

• 23 · Insurance

  total $18,176,400 · program services $18,176,400

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $748,045 · program services $748,045

• 24b · Other expenses: LICENSES & TAXES

  total $483,828 · program services $483,828

• 24c · Other expenses: CHARITY CARE - PHYSICIANS

  total $59 · program services $59

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year -$727 · end of year -$999

• 4 · Accounts receivable

  beginning of year $118,649 · end of year $975,164

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $6,328,526 · end of year $7,300,485

• 9 · Prepaid expenses and deferred charges

  beginning of year $14,196,207 · end of year $12,150,411

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

  $36,851,606

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

  $11,290,138

• 10c · Land, buildings and equipment, net

  beginning of year $11,876,922 · end of year $25,561,468

• 12 · Investments: other securities

  beginning of year $0 · end of year $17,532,817

• 13 · Investments: program-related

  beginning of year $0 · end of year $127,529,202

• 15 · Other assets

  beginning of year $202,601,172 · end of year $1,190,015

• 17 · Accounts payable and accrued expenses

  beginning of year $53,656,600 · end of year $61,519,817

• 20 · Tax-exempt bond liabilities

  beginning of year $150,990,732 · end of year $150,715,771

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $88,069,068 · end of year $43,390,569

• 27 · Net assets without donor restrictions

  beginning of year -$57,595,651 · end of year -$63,387,594

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS

MCLEOD HEALTH REIMBURSES TRAVEL FOR COMPANIONS THAT IS RELATED TO THE ORGANIZATIONS ACTIVITIES AND MISSION.

SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN

MCLEOD HEALTH HAS A 457(F) EXECUTIVE RETIREMENT PLAN (THE "PLAN"). PARTICIPATION IN THE PLAN IS LIMITED TO A SELECT GROUP OF EXECUTIVE MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES DESIGNATED BY THE BOARD OF MCLEOD HEALTH AT ITS SOLE DISCRETION. MCLEOD HEALTH MAY MAKE DISCRETIONARY CONTRIBUTIONS TO THE PLAN ON BEHALF OF PARTICIPANTS, WHICH NEED NOT BE UNIFORM AMONG PARTICIPANTS. NO PARTICIPANT CONTRIBUTIONS ARE PERMITTED UNDER THE PLAN SO THE PLAN IS ENTIRELY FUNDED BY MCLEOD HEALTH. CONTRIBUTIONS TO THE PLAN ARE MADE IN A MANNER THAT IS CONSISTENT WITH MCLEOD HEALTH'S POLICIES, PROCESS, AND PROCEDURES FOR DETERMINING COMPENSATION. SERP DISTRIBUTIONS DURING THE YEAR ARE AS FOLLOWS: DONNA ISGETT: $64,092 S. FULTON ERVIN III: $98,996 C. DALE LUSK, MD: $89,077 LESLI MCGEE: $23,765 MATT REICH: $38,278 MICHAEL ROSE, MD: $58,452 PARTICIPANT ACCOUNT BALANCES VEST BASED ON YEARS OF SERVICE AND PARTICIPANT AGE. UNVESTED BALANCES ARE SUBJECT TO FORFEITURE.

SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS

THE ORGANIZATION AWARDS BONUSES ON THE BASIS OF QUALITY AND OTHER PERFORMANCE FACTORS.

Disregarded entities

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

• MCLEOD OCCUPATIONAL HEALTH LLC

  OCCUPATIONAL HEALTH · SC · income $3,572,000 · assets $513,362

  Directly controlled by MCLEOD HEALTH

• MCLEOD HEALTHCARE NETWORK LLC

  HEALTHCARE · SC · income $0 · assets $61,733

  Directly controlled by MCLEOD HEALTH

Related partnerships

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

• MCLEOD MEDICAL PARTNERS

  N/A · RENTAL · SC

  Directly controlled by NA

• WESMARK AMBULATORY SURGERY CENTER

  N/A · HEALTH CARE · SC

  Directly controlled by MCLEOD REGIONAL MEDICAL CENTER OF THE PEE DEE INC

Related corporations and trusts

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

• MCLEOD PHYSICIAN ASSOCIATES INC

  C CORPORATION · PHYSICIAN SERVICES · SC · share of income $313,607 · share of assets $2,369,805 · controlled entity

  Directly controlled by MCLEOD HEALTH