Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $6,272,093

• 2a · Program service revenue: HEALTHCARE SERVICES

  total $435,062,999 · related or exempt $435,062,999

• 3 · Investment income

  total $4,693,922 · excluded $4,693,922

• 4 · Income from investment of tax-exempt bond proceeds

  total $257,178 · excluded $257,178

• 6a · Gross rents

  real property $2,931,487

• 6b · Less rental expenses

  real property $451,949

• 6c · Rental income or loss

  real property $2,479,538

• 6d · Net rental income or loss

  total $2,479,538 · excluded $2,479,538

• 7a · Gross sales of assets other than inventory

  securities $13,485,359

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

  securities $11,503,201

• 7c · Gain or loss

  securities $1,982,158

• 7d · Net gain or loss

  total $1,982,158 · excluded $1,982,158

• 11a · Other revenue: FITNESS CENTER REVENUE

  total $2,020,399 · related or exempt $2,020,399

• 11b · Other revenue: SUPPORT SERVICES

  total $437,576 · unrelated business $437,576

• 11c · Other revenue: INCOME FROM CARE NETWO

  total $280,000 · related or exempt $280,000

• 11d · All other revenue

  total $683,194 · related or exempt $241,956 · excluded $441,238

• 11e · Other revenue, total

  $3,421,169

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $297,490 · program services $297,490

• 2 · Grants to domestic individuals

  total $4,805,530 · program services $4,805,530

• 5 · Compensation of officers, directors and key employees

  total $4,814,008 · program services $4,243,166 · management and general $570,842

• 7 · Other salaries and wages

  total $130,456,932 · program services $115,275,241 · management and general $15,181,691

• 8 · Pension plan contributions

  total $4,520,101 · program services $3,993,797 · management and general $526,304

• 9 · Other employee benefits

  total $32,756,514 · program services $28,913,252 · management and general $3,843,262

• 10 · Payroll taxes

  total $11,307,395 · program services $10,180,964 · management and general $1,126,431

• 11b · Fees: legal

  total $998,425 · management and general $998,425

• 11c · Fees: accounting

  total $151,538 · management and general $151,538

• 11d · Fees: lobbying

  total $34,235 · management and general $34,235

• 11f · Fees: investment management

  total $202,823 · management and general $202,823

• 11g · Fees: other

  total $74,416,087 · program services $65,848,703 · management and general $8,567,384

• 12 · Advertising and promotion

  total $698,410 · program services $17,839 · management and general $680,571

• 13 · Office expenses

  total $4,439,505 · program services $2,349,674 · management and general $2,089,831

• 14 · Information technology

  total $8,356,536 · program services $7,507,909 · management and general $848,627

• 16 · Occupancy

  total $7,766,267 · program services $5,121,220 · management and general $2,645,047

• 17 · Travel

  total $160,539 · program services $65,760 · management and general $94,779

• 19 · Conferences, conventions and meetings

  total $101,127 · program services $88,285 · management and general $12,842

• 20 · Interest

  total $8,878,188 · program services $6,872,660 · management and general $2,005,528

• 22 · Depreciation, depletion and amortization

  total $21,064,726 · program services $21,064,726

• 23 · Insurance

  total $2,414,410 · program services $2,414,410

• 24a · Other expenses: MEDICAL SUPPLIES

  total $58,105,200 · program services $57,436,990 · management and general $668,210

• 24b · Other expenses: BAD DEBT

  total $39,570,869 · program services $39,570,869

• 24c · Other expenses: QUALITY ASSURANCE FEES

  total $22,551,479 · program services $22,551,479

• 24d · Other expenses: REPAIR & MAINTENANCE

  total $4,416,890 · program services $3,467,156 · management and general $949,734

• 24e · All other expenses

  total $6,082,443 · program services $2,134,483 · management and general $3,947,960

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $46,362,926 · end of year $29,154,668

• 2 · Savings and temporary cash investments

  beginning of year $15,132,377 · end of year $26,226,791

• 4 · Accounts receivable

  beginning of year $50,933,178 · end of year $48,218,130

• 8 · Inventories for sale or use

  beginning of year $6,790,718 · end of year $6,285,518

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,619,814 · end of year $6,275,801

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

  $517,904,279

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

  $261,252,251

• 10c · Land, buildings and equipment, net

  beginning of year $265,123,029 · end of year $256,652,028

• 11 · Investments: publicly traded securities

  beginning of year $87,080,265 · end of year $96,425,045

• 12 · Investments: other securities

  beginning of year $4,546,861 · end of year $3,209,808

• 15 · Other assets

  beginning of year $90,861,730 · end of year $104,462,643

• 17 · Accounts payable and accrued expenses

  beginning of year $77,332,275 · end of year $78,629,300

• 19 · Deferred revenue

  beginning of year $3,809,813 · end of year $3,809,813

• 20 · Tax-exempt bond liabilities

  beginning of year $225,199,111 · end of year $133,782,615

• 23 · Secured mortgages and notes payable

  beginning of year $6,993,164 · end of year $90,815,000

• 25 · Other liabilities

  beginning of year $57,566,319 · end of year $54,881,364

• 27 · Net assets without donor restrictions

  beginning of year $192,253,569 · end of year $201,588,044

• 28 · Net assets with donor restrictions

  beginning of year $9,296,647 · end of year $13,404,296

The filer's explanations (Part III)

PART I, LINES 4A-B

DURING THE YEAR, AN INDIVIDUAL RECEIVED A SEVERANCE PAYMENT FROM THE ORGANIZATION. THE NAME AND AMOUNT ARE AVAILABLE UPON REQUEST. HENRY MAYO NEWHALL MEMORIAL HOSPITAL HAS A SERP (SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN) OF WHICH ONLY ONE OF ITS EMPLOYEES PARTICIPATES, ROGER SEAVER. THE AMOUNT OF BENEFIT PAID IN THE CURRENT YEAR INCLUDED ON SCHEDULE J, PART II, (B)(II) IS $170,000. HENRY MAYO NEWHALL MEMORIAL HOPSITAL HAS A 457(F) PLAN, OF WHICH THE FOLLOWING EMPLOYEES LISTED ON SCHEDULE J, PART II PARTICIPATE: CARISSA BORTUGNO, MARK A. PULEO, RAY B. MOSS, ROBERT K. PRETZLAFF, EVELYN KU, MARIA VARTANIAN, TED D. SIROTTA AND KEVIN KLOCKENGA. NO AMOUNTS WERE PAID DURING THE YEAR.

PART I, LINE 7

BONUSES ARE TIED TO QUANTITATIVE AND QUALITATIVE CRITERIA. ONE OF THE CRITERIA FOR THE BONUSES IS EBIDA MARGIN. DURING THE YEAR, DUE TO A NATIONWIDE CLINICAL LABOR SHORTAGE AND HIGH PATIENT VOLUME DUE TO COVID-19, THE HOSPITAL OFFERED A TEMPORARY BONUS PROGRAM AND PAID A BONUS TO CLINICAL STAFF FOR EXTRA WORK SHIFTS TAKEN.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• HENRY MAYO CARE NETWORK LLC

  HEALTHCARE NETWORK · CA · income $280,000 · assets $235,645

  Directly controlled by HENRY MAYO NEWHALL MEMORIAL HOSPITAL

• HENRY MAYO NEWHALL CLINICS LLC

  HEALTHCARE CLINICS · CA · income $241,956 · assets $1,210,978

  Directly controlled by HENRY MAYO NEWHALL MEMORIAL HOSPITAL

Related partnerships

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

• TOWER IMAGING VALENCIA

  RELATED · RADIOLOGY SERVICES · CA · 50% owned · share of income -$500,430 · share of assets $2,021,544

  Directly controlled by HOSPITAL

• HENRY MAYO NEWHALL URGENT CARE CLINICS LLC

  RELATED · HEALTHCARE CLINICS · CA · 51% owned · share of income -$234,167 · share of assets $419,920

  Directly controlled by HOSPITAL

• KECK MEDICINE OF USC AND HENRY MAYO NEWHALL

  RELATED · MEDICAL CENTER · CA · 50% owned · share of income -$1,430,935 · share of assets $7,096,727

  Directly controlled by HOSPITAL

Related corporations and trusts

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

• HENRY MAYO MANAGEMENT SERVICE ORGANIZATION

  C · MANAGEMENT · CA · 100% owned · share of income $11,371 · share of assets $1,366,851 · controlled entity

  Directly controlled by HOSPITAL