Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Physicians Services

  total $93,148,757 · related or exempt $93,148,757

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,431,418 · program services $2,071,857 · management and general $359,561

• 7 · Other salaries and wages

  total $78,591,068 · program services $66,968,941 · management and general $11,622,127

• 8 · Pension plan contributions

  total $1,419,897 · program services $1,208,025 · management and general $211,872

• 9 · Other employee benefits

  total $1,714,673 · program services $1,458,816 · management and general $255,857

• 10 · Payroll taxes

  total $3,598,240 · program services $3,061,323 · management and general $536,917

• 11a · Fees: management

  total $3,564 · management and general $3,564

• 11b · Fees: legal

  total $116,230 · management and general $116,230

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $21,736 · management and general $21,736

• 14 · Information technology

  total $163,257 · management and general $163,257

• 16 · Occupancy

  total $4,070 · management and general $4,070

• 17 · Travel

  total $169,567 · management and general $169,567

• 19 · Conferences, conventions and meetings

  total $230,255 · management and general $230,255

• 23 · Insurance

  total $3,099,449 · program services $3,099,449

• 24e · All other expenses

  total $1,585,333 · program services $0 · management and general $1,585,333 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $603,870 · end of year $232,852

• 4 · Accounts receivable

  beginning of year $5,906,520 · end of year $5,764,068

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $697,852 · end of year $809,520

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

  $0

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

  $0

• 10c · Land, buildings and equipment, net

  end of year $0

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $6,772,042 · end of year $6,390,090

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $436,200 · end of year $416,350

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

A number of individuals listed in Schedule J participated in a SERP plan during the year and received SERP benefits as follows: Reginald Coopwood received $172,536; Martin Croce received $59,351; Leticia Towns received $58,738; Jim Proctor received $52,620; Randolph Sites received $50,232.

Related corporations and trusts

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

• Regional One Properties Inc

  C Corporation · Holds title to and leases property · TN · 0% owned · share of income $0 · share of assets $0 · controlled entity

  Directly controlled by Shelby County Health Care Corporation

• REGIONAL ONE HEALTH INNOVATIONS INC

  C Corporation · Marketing and Investing · TN · 0% owned · share of income $0 · share of assets $0 · controlled entity

  Directly controlled by Shelby County Health Care Corporation