Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $41,666

• 1f · All other contributions, gifts and grants

  $7,086

• 2a · Program service revenue: NET PATIENT REVENUE

  total $91,916,259 · related or exempt $91,916,259

• 2b · Program service revenue: 340(B) PHARMACY REVENUE

  total $1,201,238 · related or exempt $1,201,238

• 2c · Program service revenue: SHARED STAFF REVENUE

  total $569,833 · related or exempt $569,833

• 2f · All other program service revenue

  total $2,504 · related or exempt $2,504

• 3 · Investment income

  total $527,258 · excluded $527,258

• 6a · Gross rents

  real property $264,688

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $264,688

• 6d · Net rental income or loss

  total $264,688 · excluded $264,688

• 7a · Gross sales of assets other than inventory

  securities $1,694,631 · other assets $35,450

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

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $1,694,631 · other assets $35,450

• 7d · Net gain or loss

  total $1,730,081 · excluded $1,730,081

• 8a · Fundraising events: gross income

  $0

• 8a · Fundraising events: contributions included on line 1c

  $41,666

• 8b · Fundraising events: direct expenses

  $13,504

• 8c · Net income from fundraising events

  total -$13,504 · excluded -$13,504

• 11a · Other revenue: CAFETERIA REVENUE

  total $437,008 · excluded $437,008

• 11d · All other revenue

  total $1,348,345 · excluded $1,348,345

• 11e · Other revenue, total

  $1,785,353

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,000 · program services $5,000

• 5 · Compensation of officers, directors and key employees

  total $475,195 · management and general $475,195

• 7 · Other salaries and wages

  total $29,859,670 · program services $28,946,819 · management and general $912,851

• 8 · Pension plan contributions

  total $790,219 · program services $778,965 · management and general $11,254

• 9 · Other employee benefits

  total $6,732,072 · program services $6,362,777 · management and general $369,295

• 10 · Payroll taxes

  total $2,072,973 · program services $2,043,449 · management and general $29,524

• 11c · Fees: accounting

  total $150,901 · management and general $150,901

• 11d · Fees: lobbying

  total $12,661 · management and general $12,661

• 11f · Fees: investment management

  total $44,869 · program services $3,938 · management and general $40,931

• 11g · Fees: other

  total $12,869,546 · program services $12,000,871 · management and general $868,675

• 12 · Advertising and promotion

  total $161,939 · program services $108,298 · management and general $53,641

• 13 · Office expenses

  total $71,214 · program services $60,314 · management and general $10,900

• 16 · Occupancy

  total $1,414,293 · program services $264,706 · management and general $1,149,587

• 17 · Travel

  total $123,019 · program services $98,839 · management and general $24,180

• 19 · Conferences, conventions and meetings

  total $54,361 · program services $47,091 · management and general $7,270

• 20 · Interest

  total $36,665 · program services $31,151 · management and general $5,514

• 22 · Depreciation, depletion and amortization

  total $3,553,667 · program services $3,019,214 · management and general $534,453

• 23 · Insurance

  total $1,551,085 · program services $1,551,085

• 24a · Other expenses: INTERCOMPANY ALLOCATION

  total $12,738,082 · program services $1,226,259 · management and general $11,511,823

• 24b · Other expenses: MEDICAL SUPPLIES

  total $8,612,853 · program services $8,607,487 · management and general $5,366

• 24c · Other expenses: MCD TAX

  total $4,895,671 · management and general $4,895,671

• 24d · Other expenses: BAD DEBT EXPENSE

  total $4,871,528 · program services $4,871,528

• 24e · All other expenses

  total $2,186,915 · program services $931,569 · management and general $1,255,346

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,820 · end of year $2,820

• 2 · Savings and temporary cash investments

  beginning of year $10,878,313 · end of year $11,780,060

• 4 · Accounts receivable

  beginning of year $13,071,667 · end of year $13,915,856

• 8 · Inventories for sale or use

  beginning of year $1,736,783 · end of year $1,732,280

• 9 · Prepaid expenses and deferred charges

  beginning of year $472,939 · end of year $432,802

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

  $71,877,443

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

  $51,807,593

• 10c · Land, buildings and equipment, net

  beginning of year $22,095,578 · end of year $20,069,850

• 11 · Investments: publicly traded securities

  beginning of year $15,991,693 · end of year $17,419,586

• 15 · Other assets

  beginning of year $488,606 · end of year $826,655

• 17 · Accounts payable and accrued expenses

  beginning of year $6,210,495 · end of year $4,544,917

• 20 · Tax-exempt bond liabilities

  beginning of year $2,394,738 · end of year $1,363,361

• 25 · Other liabilities

  beginning of year $5,513,446 · end of year $5,648,241

• 27 · Net assets without donor restrictions

  beginning of year $50,619,720 · end of year $54,623,390

The filer's explanations (Part III)

PART I, LINE 3

NORTH COUNTRY HEALTHCARE, A RELATED ORGANIZATION, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL OF THE FILING ORGANIZATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINES 4A-B

BRIAN O'HEARN RECEIVED $92,803 IN SEVERANCE PAYMENTS IN 2024. THOMAS MEE, SYSTEM CEO, PARTICIPATED IN A 457(F) PLAN ADMINISTERED BY NORTH COUNTRY HEALTHCARE, A RELATED ORGANIZATION. THERE WERE NO CONTRIBUTIONS OR DISTRIBUTIONS IN 2024.