Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,782,921

• 2a · Program service revenue: MANAGEMENT FEES

  total $198,047,953 · related or exempt $198,047,953

• 2b · Program service revenue: ALLOCATED BENEFITS

  total $135,524,552 · related or exempt $135,524,552

• 2c · Program service revenue: LAUNDRY ALLOCATION

  total $4,496,914 · related or exempt $4,496,914

• 2d · Program service revenue: PATIENT REVENUE

  total $449,946 · related or exempt $449,946

• 11a · Other revenue: EMPLOYEE ASSISTANCE PROGRAM

  total $141,609 · related or exempt $141,609

• 11b · Other revenue: WORKFORCE DEVELOPMENT

  total $123,872 · related or exempt $123,872

• 11c · Other revenue: ACCESS TO HEALTH

  total $103,020 · related or exempt $103,020

• 11d · All other revenue

  total $146,459 · related or exempt $146,459

• 11e · Other revenue, total

  $514,960

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $3,932,623 · program services $3,932,623

• 7 · Other salaries and wages

  total $90,612,255 · program services $90,612,255

• 8 · Pension plan contributions

  total $17,661,226 · program services $17,661,226

• 9 · Other employee benefits

  total $90,631,302 · program services $90,631,302

• 10 · Payroll taxes

  total $50,073,780 · program services $50,073,780

• 11b · Fees: legal

  total $4,453,343 · management and general $4,453,343

• 11c · Fees: accounting

  total $302,775 · management and general $302,775

• 11d · Fees: lobbying

  total $82,000 · management and general $82,000

• 11g · Fees: other

  total $41,250,731 · program services $5,253,169 · management and general $35,997,562

• 12 · Advertising and promotion

  total $1,392,231 · program services $1,392,231

• 13 · Office expenses

  total $4,970,686 · program services $4,968,698 · management and general $1,988

• 14 · Information technology

  total $25,374,868 · program services $25,374,868

• 16 · Occupancy

  total $539,982 · program services $539,982

• 17 · Travel

  total $507,929 · program services $507,929

• 19 · Conferences, conventions and meetings

  total $341,957 · program services $341,957

• 20 · Interest

  total $16,920 · program services $16,920

• 22 · Depreciation, depletion and amortization

  total $3,395,020 · program services $3,395,020

• 23 · Insurance

  total $6,367,492 · program services $6,367,492

• 24a · Other expenses: LICENSES & TAXES

  total $373,538 · program services $373,538

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $321,458 · program services $321,458

• 24c · Other expenses: ANSWERING SERVICE

  total $912 · program services $912

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year -$6,743 · end of year -$727

• 4 · Accounts receivable

  beginning of year $123,113 · end of year $118,649

• 8 · Inventories for sale or use

  beginning of year $6,107,356 · end of year $6,328,526

• 9 · Prepaid expenses and deferred charges

  beginning of year $12,446,216 · end of year $14,196,207

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

  $18,110,946

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

  $6,234,024

• 10c · Land, buildings and equipment, net

  beginning of year $8,096,528 · end of year $11,876,922

• 15 · Other assets

  beginning of year $125,257,516 · end of year $202,601,172

• 17 · Accounts payable and accrued expenses

  beginning of year $40,428,880 · end of year $53,656,600

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $150,990,732

• 25 · Other liabilities

  beginning of year $168,534,773 · end of year $88,069,068

• 27 · Net assets without donor restrictions

  beginning of year -$56,939,667 · end of year -$57,595,651

The filer's explanations (Part III)

PART I, LINE 1A

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

PART I, LINE 4B

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: $60,469 S. FULTON ERVIN III: $74,144 C. DALE LUSK, MD: $276,877 MATT REICH: $49,062 MICHAEL ROSE: $52,489 PARTICIPANT ACCOUNT BALANCES VEST BASED ON YEARS OF SERVICE AND PARTICIPANT AGE. UNVESTED BALANCES ARE SUBJECT TO FORFEITURE.

PART I, LINE 7

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 $4,347,067 · assets $1,203,350

  Directly controlled by MCLEOD HEALTH

• MCLEOD HEALTHCARE NETWORK LLC

  HEALTHCARE · SC · income $0 · assets $147,833

  Directly controlled by MCLEOD HEALTH

Related partnerships

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

• MCLEOD MEDICAL PARTNERS

  RENTAL · SC

Related corporations and trusts

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

• MCLEOD PHYSICIAN ASSOCIATES INC

  C · PHYSICIAN SERVICES · SC · 100% owned · share of income $270,965 · share of assets $2,056,198 · controlled entity

  Directly controlled by MCLEOD HEALTH