Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $10,080

• 1f · All other contributions, gifts and grants

  $10,080

• 1g · Noncash contributions included above

  $20,160

• 2a · Program service revenue: CLINICAL & ANATOMIC PATHOLOGY LAB

  total $125,337,959 · related or exempt $106,440,364 · unrelated business $18,897,595

• 2b · Program service revenue: DRAW FEES

  total $158,129 · related or exempt $158,129

• 7a · Gross sales of assets other than inventory

  other assets $89,798

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

  other assets $60,090

• 7c · Gain or loss

  other assets $29,708

• 7d · Net gain or loss

  total $29,708 · excluded $29,708

• 11a · Other revenue: PURCHASE DISCOUNTS

  total $523 · excluded $523

• 11e · Other revenue, total

  $523

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $558,696 · program services $362,819 · management and general $195,877

• 7 · Other salaries and wages

  total $47,390,120 · program services $41,939,766 · management and general $5,450,354

• 8 · Pension plan contributions

  total $1,168,908 · program services $1,055,374 · management and general $113,534

• 9 · Other employee benefits

  total $7,706,021 · program services $6,666,432 · management and general $1,039,589

• 10 · Payroll taxes

  total $3,805,882 · program services $3,351,595 · management and general $454,287

• 11a · Fees: management

  total $3,710 · management and general $3,710

• 11b · Fees: legal

  total $149,132 · management and general $149,132

• 11g · Fees: other

  total $14,255,793 · program services $13,072,782 · management and general $1,183,011

• 12 · Advertising and promotion

  total $212,522 · program services $212,522

• 13 · Office expenses

  total $1,860,880 · program services $954,036 · management and general $906,844

• 14 · Information technology

  total $3,641,731 · program services $3,419,984 · management and general $221,747

• 16 · Occupancy

  total $2,590,804 · program services $1,570,883 · management and general $1,019,921

• 17 · Travel

  total $156,673 · program services $83,758 · management and general $72,915

• 22 · Depreciation, depletion and amortization

  total $2,921,178 · program services $2,921,178

• 23 · Insurance

  total $181,689 · program services $63,550 · management and general $118,139

• 24a · Other expenses: OPERATING SUPPLIES

  total $28,794,397 · program services $28,794,397

• 24b · Other expenses: EQUIPMENT RENTAL

  total $627,040 · program services $599,541 · management and general $27,499

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $321,135 · program services $208,944 · management and general $112,191

• 24d · Other expenses: FLEET EXPENSE

  total $297,990 · program services $297,019 · management and general $971

• 24e · All other expenses

  total $506,915 · program services $411,796 · management and general $95,119

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $200

• 2 · Savings and temporary cash investments

  beginning of year $1,153,540 · end of year $945,845

• 4 · Accounts receivable

  beginning of year $4,452,390 · end of year $8,411,441

• 8 · Inventories for sale or use

  beginning of year $583,108 · end of year $643,981

• 9 · Prepaid expenses and deferred charges

  beginning of year $989,958 · end of year $1,569,500

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

  $33,282,597

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

  $21,478,815

• 10c · Land, buildings and equipment, net

  beginning of year $10,131,238 · end of year $11,803,782

• 14 · Intangible assets

  beginning of year $748,551 · end of year $26,631,046

• 15 · Other assets

  beginning of year $6,590 · end of year $6,590

• 17 · Accounts payable and accrued expenses

  beginning of year $11,533,616 · end of year $13,811,811

• 23 · Secured mortgages and notes payable

  beginning of year $640,556 · end of year $701,154

• 27 · Net assets without donor restrictions

  beginning of year $5,891,403 · end of year $35,499,220

The filer's explanations (Part III)

PART I, LINE 3C:

COMPENSATION FOR COMPUNET CLINICAL LABORATORIES (CCL) CEO IS REVIEWED AND APPROVED BY PREMIER HEALTH, WITH WHICH CCL IS AN AFFILIATE. SEE EXPLANATION ON SCHEDULE O FOR FORM 990, PART VI, SECTION B, LINE 15.

PART I, LINE 4A:

THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE IN 2023: JOHN EVE $137,271; ROBIN RUTLEDGE $164,226; KIMBERLY STANFORTH $105,486.

PART I LINE 4B:

DUE TO RESTRICTIONS IMPOSED BY THE INTERNAL REVENUE CODE, CERTAIN PERSONS ARE LIMITED IN THE AMOUNT OF BENEFIT THAT CAN BE EARNED UNDER A QUALIFIED RETIREMENT PLAN. LIKE MANY EMPLOYERS, COMPUNET CLINICAL LABORATORIES (CCL) AND ITS AFFILIATED ORGANIZATIONS COMPENSATE FOR THIS LIMITATION AND SUPPLEMENT THE AFFECTED EXECUTIVES' QUALIFIED PENSION THROUGH CERTAIN NONQUALIFIED PLANS. CCL SUPPLEMENTS THE AFFECTED EXECUTIVES THROUGH A PENSION RESTORATION PLAN AND A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). THE BENEFITS UNDER THESE SUPPLEMENTAL NONQUALIFIED PLANS ARE SUBJECT TO MULTI-YEAR VESTING AND A PARTICIPANT CAN FORFEIT BENEFITS EARNED IF VESTING REQUIREMENTS ARE NOT SATISFIED. UNDER THE TERMS OF THE SUPPLEMENTAL PLANS, AND BECAUSE OF TAX RULES PERTAINING TO TAXATION OF THE EARNED BENEFITS UPON VESTING, CERTAIN INDIVIDUALS RECEIVED A PAYOUT OF THE CUMULATIVE VESTED BENEFITS UNDER THEIR SUPPLEMENTAL PLAN DURING 2023. THE INDIVIDUAL LISTED BELOW HAS MET THE MULTI-YEAR VESTING REQUIREMENT UNDER THE PENSION RESTORATION PLAN RECEIVED THE ASSOCIATED PAYMENT IN 2023: MARY CLANCY $117,983; J. NICK LAIR $43,310. IN ADDITION, THE FOLLOWING SERP AMOUNTS WERE DEFERRED ON THE PARTICIPANTS' BEHALF DURING THE YEAR AND WILL BE HELD UNTIL THE INCREMENTAL AMOUNTS ARE VESTED: KRISTINA KEAN $10,176. BASED ON THE GUIDANCE PROVIDED IN THE INSTRUCTIONS TO THE FORM 990, ANY PAYMENTS TO THE PARTICIPANTS RELATED TO THESE PLANS THAT WERE MADE WITHIN 2-1/2 MONTHS AFTER THE END OF THE ORGANIZATION'S TAX YEAR ARE AMOUNTS ARE PROPERLY REPORTED AS COMPENSATION FOR FORM 990 PURPOSES NOT TREATED AS DEFERRED COMPENSATION FOR PURPOSES OF SCHEDULE J. SUCH WHEN INCLUDED IN THE PARTICIPANTS' FORM W-2 WAGES.

Related partnerships

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

• SWEITZER STREET LLC

  EXCLUDED · REAL ESTATE · OH

  Directly controlled by MVHE INC

• SWEITZER MOB LLC

  EXCLUDED · REAL ESTATE · OH

  Directly controlled by MVHE INC

Related corporations and trusts

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

• MVHE INC

  C · PHYSICIAN SVCS · OH

  Directly controlled by PREMIER HEALTH HOLDING CO

• PREMIER HEALTH SPECIALISTS

  C · PHYSICIAN SVCS · OH

  Directly controlled by PREMIER HEALTH HOLDING CO

• SAMARITAN FAMILY CARE

  C · PHYSICIAN SVCS · OH

  Directly controlled by PREMIER HEALTH HOLDING CO

• AFTER HOURS FAMILY CARE

  C · HEALTH CARE · OH

  Directly controlled by UPPER VALLEY PROFESSIONAL CORP

• UVMC MANAGEMENT CORP

  C · MANAGEMENT COMPANY · OH

  Directly controlled by PREMIER HEALTH

• PREMIER HEALTH URGENT CARE INC

  C · URGENT CARE · OH

  Directly controlled by PREMIER HEALTH HOLDING CO

• PREMIER HEALTH PLAN INC

  C · HEALTH INSURANCE · OH

  Directly controlled by PREMIER HEALTH INSURING CO

• GOOD SAMARITAN HOSPITAL

  C · HOSPITAL · OH

  Directly controlled by PREMIER HEALTH

• PREMIER HEALTH INT'L INSURANCE

  C · INSURANCE · BD

  Directly controlled by PREMIER HEALTH

• PREMIER HEALTH ACO OF OHIO

  C · MEDICARE ACO · OH

  Directly controlled by PREMIER HEALTH

• PREMIER HEALTH HOLDING CO

  C · HOLDING CO · OH

  Directly controlled by PREMIER HEALTH

• PREMIER HEALTH INSURING CO

  C · HEALTH INSURANCE · OH

  Directly controlled by PREMIER HEALTH