Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $6,313,831

• 1f · All other contributions, gifts and grants

  $5,946,218

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

  total $167,576,568 · related or exempt $167,576,568

• 3 · Investment income

  total $1,923,533 · excluded $1,923,533

• 6a · Gross rents

  real property $707,784

• 6b · Less rental expenses

  real property $449,511

• 6c · Rental income or loss

  real property $258,273

• 6d · Net rental income or loss

  total $258,273 · excluded $258,273

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

  other assets $211

• 7c · Gain or loss

  other assets -$211

• 7d · Net gain or loss

  total -$211 · excluded -$211

• 11a · Other revenue: CAFETERIA

  total $604,891 · excluded $604,891

• 11b · Other revenue: MEALS ON WHEELS

  total $103,928 · related or exempt $103,928

• 11c · Other revenue: HEALTH WATCH

  total $76,773 · related or exempt $76,773

• 11d · All other revenue

  total $1,921,120 · unrelated business $198,888 · excluded $1,722,232

• 11e · Other revenue, total

  $2,706,712

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $6,508,029 · program services $6,508,029

• 5 · Compensation of officers, directors and key employees

  total $2,160,782 · management and general $2,160,782

• 7 · Other salaries and wages

  total $69,656,093 · program services $69,656,093

• 8 · Pension plan contributions

  total $2,725,277 · program services $2,725,277

• 9 · Other employee benefits

  total $11,473,579 · program services $11,473,579

• 10 · Payroll taxes

  total $4,702,457 · program services $4,702,457

• 11c · Fees: accounting

  total $824,269 · management and general $824,269

• 11d · Fees: lobbying

  total $10,777 · management and general $10,777

• 11f · Fees: investment management

  total $30,000 · program services $30,000

• 11g · Fees: other

  total $16,304,436 · program services $16,304,436

• 12 · Advertising and promotion

  total $348,905 · management and general $348,905

• 13 · Office expenses

  total $21,514,325 · program services $21,514,325

• 14 · Information technology

  total $2,159,799 · program services $2,159,799

• 16 · Occupancy

  total $2,319,086 · program services $2,319,086

• 17 · Travel

  total $272,984 · management and general $272,984

• 19 · Conferences, conventions and meetings

  total $162,539 · management and general $162,539

• 22 · Depreciation, depletion and amortization

  total $14,055,044 · program services $14,055,044

• 23 · Insurance

  total $857,509 · program services $857,509

• 24a · Other expenses: MINOR EQUIP & FINANCING

  total $5,687,091 · program services $5,687,091

• 24b · Other expenses: PURCHASED SERVICES

  total $3,599,039 · program services $3,599,039

• 24c · Other expenses: RECRUITING

  total $230,245 · program services $230,245

• 24e · All other expenses

  total $4,871,094 · program services $4,871,094

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $21,020,795 · end of year $7,040,898

• 4 · Accounts receivable

  beginning of year $29,646,106 · end of year $31,427,264

• 7 · Other notes and loans receivable

  beginning of year $773,227 · end of year $1,048,192

• 8 · Inventories for sale or use

  beginning of year $3,400,687 · end of year $3,811,025

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,707,331 · end of year $3,547,356

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

  $241,949,834

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

  $109,211,828

• 10c · Land, buildings and equipment, net

  beginning of year $139,576,440 · end of year $132,738,006

• 11 · Investments: publicly traded securities

  beginning of year $24,097,158 · end of year $55,832,822

• 15 · Other assets

  beginning of year $764,551 · end of year $592,897

• 17 · Accounts payable and accrued expenses

  beginning of year $19,353,413 · end of year $16,890,605

• 27 · Net assets without donor restrictions

  beginning of year $203,632,882 · end of year $219,147,855

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PAID FOR SOCIAL AND HEALTH CLUB DUES AS PART OF THE CEO'S EMPLOYMENT AGREEMENT. THESE AMOUNTS WERE REFLECTED ON THE CEO'S W-2.

PART I, LINE 4B

THE FOLLOWING REPORTABLE INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING THE 2024 CALENDAR YEAR. AMOUNTS DEFERRED FROM THE PLAN WERE INCLUDED IN COLUMN C OF THE SCHEDULE J: MICHAEL HANSEN - $88,841 AMY BLASER - $34,530 TANYA SANDIFER - $20,670 SCOTT MESSERSMITH - $36,258 CHAD VAN CLEAVE - $40,443 KEITH LUEDDERS - $26,581 MARK HOWERTER, M.D. - $23,141 PART I, LINE 4C: THE HOSPITAL'S EXECUTIVE COMPENSATION COMMITTEE, MADE UP OF INDEPENDENT HOSPITAL BOARD MEMBERS, REVIEWS THE CEO'S COMPENSATION ANNUALLY. THE WAGE RANGE IS COMPARED TO INFORMATION PROVIDED BY THIRD PARTY CONSULTANTS. DECISIONS ARE DOCUMENTED.

PART I, LINE 6

WITH THE ASSISTANCE OF TOWERS-WATSON, EXECUTIVE COMPENSATION CONSULTANTS, THE BOARD AUTHORIZED PAYING AN INCENTIVE TO THE EXECUTIVES FOR MEETING SPECIFIC BOARD-ESTABLISHED DIRECTIVES. THE BOARD AUTHORIZED PAYING UP TO 12.5% OF BASE COMPENSATION FOR MICHAEL HANSEN AND UP TO 10% FOR THE FOLLOWING VPS: - TANYA SANDIFER - AMY BLASER - CHAD VAN CLEAVE - SCOTT MESSERSMITH - KEITH LUEDDERS THE INCENTIVE IS BASED ON GOALS ESTABLISHED BY THE BOARD WHICH ARE NOW REVIEWED ANNUALLY. ONE OF THE GOALS IS THE HOSPITAL'S OPERATING MARGIN. THE BOARD DETERMINES THE ASSOCIATED METRICS FOR EACH INDIVIDUAL GOAL. EACH OF THE GOALS IS THEN ASSIGNED A WEIGHT BASED ON THE LEVEL OF IMPORTANCE, AS DETERMINED BY THE BOARD. THE RESULTS ARE ENTERED AND THE METRIC IS TABULATED. THAT NUMBER IS MULTIPLIED BY THE CORRESPONDING WEIGHT. ONCE WEIGHTED, THE FIGURES ARE ADDED IN TOTAL TO ESTABLISH A SCORE BETWEEN 1 AND 5. NO INCENTIVE IS PAID IF THE HOSPITAL FINISHES THE YEAR WITH A NEGATIVE OPERATING MARGIN, REGARDLESS OF THE OUTCOMES OF THE OTHER MEASURES. ANY PHYSICIAN BONUSES ARE BASED ON PRODUCTIVITY. THE INCENTIVES WERE PAID IN THIS FISCAL YEAR FOR WORK DONE IN THE PREVIOUS FISCAL YEAR. THE BONUSES PAID WERE: TANYA SANDIFER - $21,501 CHAD VAN CLEAVE - $25,775 AMY BLASER - $21,314 SCOTT MESSERSMITH - $21,037 MIKE HANSEN - $67,285 KEITH LUEDDERS - $19,398 BRANDON BORER, M.D. - $191,886 DILLON CLAREY, M.D. - $328,552 MATTHEW PIEPER, M.D. - $155,338 ANTHONY KRUEPER, M.D. - $141,518 VENKATA KOLLI, M.D. - $35,000

Related partnerships

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

• ZARZ LLC

  PROPERTY MGMT · NE · 0.89% owned · share of income $78 · share of assets $16,115 · general or managing partner

  Directly controlled by HLTHPK TITLE CO

• HEALTHPARK LLC

  PROPERTY MGMT · NE · 22.92% owned · share of income -$23,355 · share of assets $1,690,652 · general or managing partner

  Directly controlled by HLTHPK TITLE CO

Related corporations and trusts

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

• PLATTE VALLEY PHYSICIAN ORG

  HEALTH ADMIN · NE · 100% owned · share of income $2,850 · share of assets $22,401 · controlled entity

  Directly controlled by CCH