Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $721,693

• 1e · Government grants (contributions)

  $1,156,068

• 1f · All other contributions, gifts and grants

  $641,428

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

  total $261,634,222 · related or exempt $261,634,222

• 3 · Investment income

  total $8,000,766 · unrelated business $27,447 · excluded $7,973,319

• 6a · Gross rents

  real property $211,496

• 6b · Less rental expenses

  real property $257,383

• 6c · Rental income or loss

  real property -$45,887

• 6d · Net rental income or loss

  total -$45,887 · excluded -$45,887

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

  other assets $1,820

• 7c · Gain or loss

  other assets -$1,820

• 7d · Net gain or loss

  total -$1,820 · excluded -$1,820

• 11a · Other revenue: MGMT ASSISTANCE

  total $227,396 · excluded $227,396

• 11b · Other revenue: MEM LAB OTHER REVENUE

  total $30,471 · unrelated business $30,471

• 11d · All other revenue

  total $8,696,890 · related or exempt $7,482,653 · excluded $1,214,237

• 11e · Other revenue, total

  $8,954,757

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $158,503 · program services $158,503

• 5 · Compensation of officers, directors and key employees

  total $1,597,135 · program services $1,319,150 · management and general $277,985

• 7 · Other salaries and wages

  total $123,805,599 · program services $102,256,984 · management and general $21,548,615

• 8 · Pension plan contributions

  total $2,025,992 · program services $1,709,450 · management and general $316,542

• 9 · Other employee benefits

  total $15,372,475 · program services $12,970,672 · management and general $2,401,803

• 10 · Payroll taxes

  total $7,804,350 · program services $6,584,995 · management and general $1,219,355

• 11b · Fees: legal

  total $1,087,279 · program services $624,734 · management and general $462,545

• 11c · Fees: accounting

  total $75,000 · program services $43,094 · management and general $31,906

• 11g · Fees: other

  total $29,667,902 · program services $17,046,715 · management and general $12,621,187

• 12 · Advertising and promotion

  total $165,326 · program services $92,201 · management and general $73,125

• 13 · Office expenses

  total $1,224,621 · program services $1,206,147 · management and general $18,474

• 16 · Occupancy

  total $16,058,705 · program services $7,753,249 · management and general $8,305,456

• 17 · Travel

  total $1,046,431 · program services $583,586 · management and general $462,845

• 20 · Interest

  total $2,148,337 · program services $2,148,337

• 22 · Depreciation, depletion and amortization

  total $16,598,958 · program services $13,928,662 · management and general $2,670,296

• 23 · Insurance

  total $1,569,802 · program services $875,466 · management and general $694,336

• 24a · Other expenses: HOSPITAL SUPPLIES AND D

  total $42,592,381 · program services $42,482,518 · management and general $109,863

• 24b · Other expenses: HAF EXPENSE

  total $14,298,013 · program services $14,298,013

• 24c · Other expenses: DUES & SUB.

  total $955,458 · program services $777,528 · management and general $177,930

• 24d · Other expenses: RECRUITMENT

  total $227,047 · program services $184,765 · management and general $42,282

• 24e · All other expenses

  total $1,371,872 · program services $1,192,408 · management and general $179,464

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $80,255,049 · end of year $22,087,029

• 4 · Accounts receivable

  beginning of year $27,974,098 · end of year $25,676,368

• 7 · Other notes and loans receivable

  beginning of year $1,294,068 · end of year $1,736,048

• 8 · Inventories for sale or use

  beginning of year $3,571,899 · end of year $3,727,920

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,656,407 · end of year $2,926,620

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

  $296,092,288

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

  $193,496,266

• 10c · Land, buildings and equipment, net

  beginning of year $109,655,619 · end of year $102,596,022

• 11 · Investments: publicly traded securities

  beginning of year $106,886,621 · end of year $148,703,574

• 15 · Other assets

  beginning of year $5,518,732 · end of year $4,377,027

• 17 · Accounts payable and accrued expenses

  beginning of year $32,915,174 · end of year $30,400,864

• 20 · Tax-exempt bond liabilities

  beginning of year $67,014,474 · end of year $64,344,237

• 23 · Secured mortgages and notes payable

  end of year $769,702

• 25 · Other liabilities

  beginning of year $27,585,987 · end of year $4,488,037

• 27 · Net assets without donor restrictions

  beginning of year $210,296,858 · end of year $211,827,768

The filer's explanations (Part III)

PART I, LINE 4B

A 457B SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN WAS AVAILABLE FOR ELIGIBLE INDIVIDUALS TO PARTICIPATE IN. NO CONTRIBUTIONS TO THE PLAN WERE PAID BY THE HOSPITAL. INDIVIDUALS ELIGIBLE FOR THE PLAN INCLUDED PHYSICIANS EMPLOYED BY MEMORIAL HOSPITAL, PRESIDENT & CEO, EXECUTIVE VP & COO, VP & CFO, VP OF AMBULATORY SERVICES, VP AND CHIEF NURSING OFFICER, VP MEDICAL PRACTICE MANAGEMENT AND SUPPORT SERVICES. NO PAYMENTS FROM THE PLAN WERE MADE TO ANY LISTED INDIVIDUALS IN 2022.

Related partnerships

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

• MEMORIAL HOSPITAL OUTPATIENT SURGERY CENTER MANAGEMENT COMPANY

  RELATED · SURGERY CENTER MANAGEMENT · IN · 40% owned · share of income $332,919 · share of assets $448,226 · general or managing partner