Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $126,000

• 1e · Government grants (contributions)

  $21,312,796

• 1f · All other contributions, gifts and grants

  $6,667

• 2a · Program service revenue: RESIDENCY PROGRAM REV

  total $13,340,241 · related or exempt $13,340,241

• 2b · Program service revenue: SUPPORT SERVICE REVENUE

  total $5,752,897 · related or exempt $5,752,897

• 2c · Program service revenue: IRB AND RESEARCH FEES

  total $8,100 · related or exempt $8,100

• 2d · Program service revenue: OTHER REVENUE

  total $167,103 · related or exempt $167,103

• 3 · Investment income

  total $321,145 · excluded $321,145

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $1,005,875

• 6b · Less rental expenses

  real property $346,951

• 6c · Rental income or loss

  real property $658,924 · personal property $0

• 6d · Net rental income or loss

  total $658,924 · excluded $658,924

• 7a · Gross sales of assets other than inventory

  securities $1,382,532

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

  securities $1,178,864

• 7c · Gain or loss

  securities $203,668

• 7d · Net gain or loss

  total $203,668 · excluded $203,668

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: INCOME ON EQUITY INVESTEE

  total $1,930,902 · excluded $1,930,902

• 11e · Other revenue, total

  $1,930,902

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $267,817 · program services $267,817

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $2,145,668 · program services $615,158 · management and general $1,530,510

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $21,217,308 · program services $15,299,145 · management and general $5,918,163

• 8 · Pension plan contributions

  total $957,958 · program services $364,831 · management and general $593,127

• 9 · Other employee benefits

  total $2,510,782 · program services $1,874,790 · management and general $635,992

• 10 · Payroll taxes

  total $1,545,617 · program services $896,230 · management and general $649,387

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $293,623 · program services $27,980 · management and general $265,643

• 11c · Fees: accounting

  total $127,092 · management and general $127,092

• 11d · Fees: lobbying

  total $97,822 · management and general $97,822

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $32,587 · management and general $32,587

• 11g · Fees: other

  total $2,810,094 · program services $2,063,561 · management and general $746,533

• 12 · Advertising and promotion

  total $142,526 · program services $17,955 · management and general $124,571

• 13 · Office expenses

  total $290,454 · program services $20,177 · management and general $270,277

• 14 · Information technology

  total $580,811 · program services $138,992 · management and general $441,819

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $293,404 · program services $354 · management and general $293,050

• 17 · Travel

  total $254,820 · program services $114,072 · management and general $140,748

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $729,984 · program services $445,478 · management and general $284,506

• 20 · Interest

  total $159,556 · management and general $159,556

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $1,071,513 · management and general $1,071,513

• 23 · Insurance

  total $988,181 · program services $961,890 · management and general $26,291

• 24a · Other expenses: Learning Environments - THC

  total $4,160,156 · program services $4,160,156

• 24b · Other expenses: Repairs and Maintenance

  total $645,318 · program services $25,187 · management and general $620,131

• 24c · Other expenses: Dues and Memberships

  total $244,220 · program services $175,652 · management and general $68,568

• 24d · Other expenses: Recruitment Expense

  total $210,508 · program services $60,025 · management and general $150,483

• 24e · All other expenses

  total $72,123 · program services $5,388 · management and general $66,735

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,613,370 · end of year $21,474

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $8,405,748

• 3 · Pledges and grants receivable

  beginning of year $244,912 · end of year $1,221,573

• 4 · Accounts receivable

  beginning of year $2,084,048 · end of year $1,640,062

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $212,345 · end of year $298,286

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

  $8,390,658

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

  $3,899,214

• 10c · Land, buildings and equipment, net

  beginning of year $5,542,318 · end of year $4,491,444

• 11 · Investments: publicly traded securities

  beginning of year $8,404,682 · end of year $9,898,316

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $363,144 · end of year $323,859

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $6,291,317 · end of year $7,872,764

• 17 · Accounts payable and accrued expenses

  beginning of year $3,748,466 · end of year $2,553,482

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $0 · end of year $72,456

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $8,620,644 · end of year $8,669,832

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $2,071,542 · end of year $7,216,496

• 27 · Net assets without donor restrictions

  beginning of year $13,315,484 · end of year $15,661,260

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3

COMPENSATION DETERMINATION: TWCGME CONTRACTS WITH THE WRIGHT CENTER FOR COMMUNITY HEALTH (TWCCH), ITS AFFILIATED ENTITY, FOR THE SERVICES OF TWCGME'S CHIEF EXECUTIVE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF TWCGME, AND THEREFORE DOES NOT COMPENSATE THE CHIEF EXECUTIVE DIRECTLY. NONETHELESS, THE PROCESS FOR DETERMINING THE COMPENSATION OF TWCGME TO TWCCH FOR THE SERVICES OF CHIEF EXECUTIVE OFFICER (CEO) IS LED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEES ENGAGE A THIRD-PARTY EXTERNAL COMPENSATION CONSULTANT PERIODICALLY (GENERALLY EVERY THREE TO FIVE YEARS) TO PROVIDE A COMPREHENSIVE OBJECTIVE COMPENSATION STUDY, ASSESSMENT, AND ANALYSIS EACH TIME THE CEO'S CONTRACT, SALARY, AND COMPENSATION ARE NEGOTIATED. ADDITIONAL DATA CONSIDERED MAY INCLUDE INFORMATION FROM THE AMERICAN JOB CENTER NETWORK WEBSITE, MEDICAL GROUP MANAGEMENT ASSOCIATION (MGMA), FORM 990S OF COMPARABLE ORGANIZATIONS, AS WELL AS COMPENSATION SURVEYS OF THE PENNSYLVANIA ASSOCIATION OF COMMUNITY HEALTH CENTERS AND NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS, OR OTHER RELEVANT REGIONAL AND NATIONAL SOURCES. THE EXECUTIVE COMMITTEES OF TWCGME AND TWCCH BOARDS ANNUALLY PERFORM A DETAILED, ROBUST, COMPREHENSIVE PERFORMANCE EVALUATION OF THE PRESIDENT & CEO'S AND BOTH ORGANIZATIONS' PERFORMANCE. THIS ANNUAL PROCESS INCLUDES ASSESSMENT OF WHETHER BASE CHANGES OR MERIT BONUS PAYMENT ADJUSTMENTS TO THE SALARY AND BENEFITS OF THE PRESIDENT & CEO SERVICES ARE APPROPRIATE AND, IF SO, OF FAIR VALUE BASED ON ALL FACTS AND CIRCUMSTANCES. ANY ADJUSTMENTS TO THE PRESIDENT & CEO'S COMPENSATION IN BETWEEN CONTRACT TERMS ARE ASSESSED AGAINST PUBLICLY AVAILABLE COMPARABLE DATA. ULTIMATELY, THE OVERALL COMPENSATION OF THE PRESIDENT & CEO IS DETERMINED BASED ON A ROBUST PERFORMANCE ASSESSMENT AND THE OVERALL PERFORMANCE OF TWCGME AND TWCCH ORGANIZATIONS, WITH DUE CONSIDERATION OF THE CONTRACTED INDEPENDENT THIRD-PARTY COMPENSATION STUDY, MARKET COMPARABILITY, AND AFFORDABILITY. THE EXECUTIVE COMMITTEES' ANNUAL DELIBERATIONS, CONSIDERATIONS, AND DECISIONS REGARDING EXECUTIVE COMPENSATION ARE CONTEMPORANEOUSLY DOCUMENTED IN EXECUTIVE COMMITTEES' MEETING MINUTES WITHIN 60 DAYS OF THE EVALUATION COMPLETION AND COMPENSATION DECISION AND THEN REPORTED TO AND RATIFIED BY THE FULL BOARDS OF TWCGME AS WELL AS TWCCH. COMPENSATION OF ALL OTHER EMPLOYEES, INCLUDING BUT NOT LIMITED TO EXECUTIVE EMPLOYEES, KEY EMPLOYEES, THE HIGHEST COMPENSATED EMPLOYEES, AND ALL STAFF IS DETERMINED BY THE ORGANIZATION'S PRESIDENT & CEO AND HUMAN RESOURCES DEPARTMENT, WHO RELY ON A FORMAL, PERIODIC ORGANIZATION-WIDE COMPENSATION ASSESSMENT BY AN OBJECTIVE THIRD-PARTY VENDOR, TYPICALLY EVERY THREE TO FIVE YEARS.

SCHEDULE J, PART I, LINE 7

NONFIXED PAYMENTS: ALL EMPLOYEES MAY BE ELIGIBLE FOR AN ANNUAL, PERFORMANCE-BASED INCENTIVE BONUS CONTINGENT UPON BOARD APPROVAL, AFFORDABILITY, AND SUCCESSFUL PERFORMANCE EVALUATIONS BY MANAGEMENT. THERE ARE SEVERAL THRESHOLD REQUIREMENTS FOR PERFORMANCE-BASED BONUS ELIGIBILITY, INCLUDING BUT NOT LIMITED TO SPECIFIED, ACTIVE PARTICIPATION IN THE PLAN/DO/STUDY/ACT (PDSA) QUALITY IMPROVEMENT PROGRAM, SAFE EVENT REPORTING SYSTEM, AND ALSO MEANINGFUL ENGAGEMENT IN COMMUNITY VOLUNTEER SERVICE EXPERIENCES. ONCE DETERMINED TO BE AFFORDABLE AND APPROVED IN TOTAL BY THE GOVERNING BOARDS OF DIRECTORS OF TWCGME AND TWCCH, THE MERIT-BASED BONUS PAYMENTS TO ELIGIBLE EMPLOYEES CORRELATES TO INDIVIDUAL JOB PERFORMANCE SCORES CALCULATED DURING THE PERFORMANCE EVALUATION PROCESS. EMPLOYEES IN A NEW EMPLOYMENT PROBATIONARY STATUS OR THOSE WHO HAVE NOTIFIED THE ORGANIZATION OF THEIR RESIGNATIONS ARE INELIGIBLE FOR BONUSES. THE ELIGIBILITY OF THOSE ON A PERFORMANCE IMPROVEMENT PLAN IS AT THE DISCRETION OF THE DIRECT SUPERVISOR. THE 2022-2023 INCENTIVE PLAN CONSISTED OF A PERFORMANCE BONUS RANGING BETWEEN 0% AND 7% OF BASE SALARY. THE TOTAL BONUS POOL WAS BUDGETED AT 5% OF PAYROLL, AND ISSUED BONUSES TOTALED LESS THAN THE BUDGETED AMOUNT.