Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $226,237

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $188,290,971 · related or exempt $183,032,439 · excluded $5,258,532

• 2b · Program service revenue: RENT TO AFFILIATES

  total $648,427 · related or exempt $648,427

• 3 · Investment income

  total $4,413 · excluded $4,413

• 7a · Gross sales of assets other than inventory

  other assets $2,300

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

  other assets $3,633

• 7c · Gain or loss

  other assets -$1,333

• 7d · Net gain or loss

  total -$1,333 · excluded -$1,333

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $20,954 · program services $20,954

• 7 · Other salaries and wages

  total $63,019,778 · program services $62,211,484 · management and general $808,294

• 8 · Pension plan contributions

  total $1,939,243 · program services $1,914,370 · management and general $24,873

• 9 · Other employee benefits

  total $9,095,574 · program services $8,978,914 · management and general $116,660

• 10 · Payroll taxes

  total $4,615,108 · program services $4,555,914 · management and general $59,194

• 11b · Fees: legal

  total $225 · program services $225

• 11g · Fees: other

  total $10,265,635 · program services $10,171,183 · management and general $94,452

• 13 · Office expenses

  total $1,343,613 · program services $1,336,919 · management and general $6,694

• 14 · Information technology

  total $421,405 · program services $299,117 · management and general $122,288

• 16 · Occupancy

  total $2,003,577 · program services $2,002,440 · management and general $1,137

• 17 · Travel

  total $48,678 · program services $47,221 · management and general $1,457

• 19 · Conferences, conventions and meetings

  total $6,405 · program services $6,405

• 20 · Interest

  total $93,712 · program services $93,659 · management and general $53

• 22 · Depreciation, depletion and amortization

  total $9,918,467 · program services $9,912,837 · management and general $5,630

• 23 · Insurance

  total $1,006,216 · program services $718,152 · management and general $288,064

• 24a · Other expenses: MEDICAL SUPPLIES

  total $35,807,755 · program services $35,806,706 · management and general $1,049

• 24b · Other expenses: SYSTEM SERVICES

  total $24,455,525 · program services $19,897,988 · management and general $4,557,537

• 24c · Other expenses: PHYSICIAN SERVICES

  total $8,340,150 · program services $8,340,150

• 24d · Other expenses: COST OF GOODS SOLD

  total $3,928,784 · program services $3,928,784

• 24e · All other expenses

  total $3,094,270 · program services $2,779,946 · management and general $314,324

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $19,283 · end of year $21,680

• 4 · Accounts receivable

  beginning of year $24,182,191 · end of year $21,428,250

• 8 · Inventories for sale or use

  beginning of year $3,555,424 · end of year $3,608,855

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,339,016 · end of year $26,826

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

  $150,891,907

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

  $80,371,253

• 10c · Land, buildings and equipment, net

  beginning of year $74,870,067 · end of year $70,520,654

• 15 · Other assets

  beginning of year $982,280 · end of year $724,398

• 17 · Accounts payable and accrued expenses

  beginning of year $13,617,461 · end of year $11,176,162

• 19 · Deferred revenue

  beginning of year $8,876 · end of year $4,409

• 25 · Other liabilities

  beginning of year $6,042,504 · end of year $9,241,438

• 27 · Net assets without donor restrictions

  beginning of year $85,279,420 · end of year $75,908,654

The filer's explanations (Part III)

PART I, LINE 3

CEO COMPENSATION IS PAID BY PARENT ORGANIZATION, KETTERING ADVENTIST HEALTHCARE. AN INDEPENDENT EXECUTIVE COMPENSATION COMMITTEE REVIEWS AN INDEPENDENT FOR THE CEO, OFFICERS, AND KEY EMPLOYEES. COMPENSATION IS DETERMINED TO BE COMMITTEE MEETING. AT YEAR END, THE ACTUAL COMPENSATION IS COMPARED TO CONSULTANT'S REPORT THAT IDENTIFIES THE CURRENT AND PROPOSED COMPENSATION REASONABLE, AND THE APPROVAL AMOUNT IS DOCUMENTED IN THE MINUTES OF THE APPROVED COMPENSATION BY THE EXECUTIVE COMPENSATION COMMITTEE.

PART I, LINES 4A-B

THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENT IN 2024: WALTER SACKETT - $578,513 MICHAEL MEWHIRTER - $297,348 TERRANCE BURNS - $552,825 ROBERT T. SMITH - $152,358 KETTERING HEALTH HAS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AVAILABLE ONLY TO A CERTAIN CLASS OF MANAGEMENT. IN 2024, THE FOLLOWING INDIVIDUALS RECEIVED PAYMENT FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN: MICHAEL MEWHIRTER - $325,259

Related corporations and trusts

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

• KETTCOR

  C · HEALTH SERVICES · OH