Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $2,000,000

• 1e · Government grants (contributions)

  $1,933,725

• 1f · All other contributions, gifts and grants

  $495,792

• 2a · Program service revenue: Patient Service Revenu

  total $1,301,086,000 · related or exempt $1,301,086,000

• 2b · Program service revenue: GME State Funding

  total $6,536,286 · related or exempt $6,536,286

• 2c · Program service revenue: Cafeteria Revenue

  total $6,455,088 · related or exempt $6,455,088

• 2d · Program service revenue: Other Operating Revenu

  total $4,865,114 · related or exempt $4,846,638 · unrelated business $1,759 · excluded $16,717

• 2f · All other program service revenue

  total $1,059,848 · related or exempt $1,059,848

• 7a · Gross sales of assets other than inventory

  other assets $3,767,967

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

  other assets $2,507,820

• 7c · Gain or loss

  other assets $1,260,147

• 7d · Net gain or loss

  total $1,260,147 · related or exempt $1,260,147

• 11a · Other revenue: Early Exting of Debt

  total $13,640,000 · related or exempt $13,640,000

• 11e · Other revenue, total

  $13,640,000

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $9,560,058 · program services $8,259,890 · management and general $1,300,168

• 7 · Other salaries and wages

  total $419,759,241 · program services $374,090,809 · management and general $45,668,432

• 8 · Pension plan contributions

  total $16,340,130 · program services $14,238,103 · management and general $2,102,027

• 9 · Other employee benefits

  total $56,733,818 · program services $49,435,467 · management and general $7,298,351

• 10 · Payroll taxes

  total $30,648,175 · program services $26,705,533 · management and general $3,942,642

• 11b · Fees: legal

  total $9,256,857 · management and general $9,256,857

• 11c · Fees: accounting

  total $262,000 · management and general $262,000

• 11g · Fees: other

  total $72,915,976 · program services $55,902,301 · management and general $17,013,675

• 12 · Advertising and promotion

  total $1,625,958 · program services $1,310,270 · management and general $315,688

• 13 · Office expenses

  total $7,097,482 · program services $2,699,922 · management and general $4,397,560

• 14 · Information technology

  total $36,567,305 · program services $32,589,609 · management and general $3,977,696

• 16 · Occupancy

  total $8,880,730 · program services $7,914,707 · management and general $966,023

• 17 · Travel

  total $466,191 · program services $35,849 · management and general $430,342

• 20 · Interest

  total $11,901,792 · program services $10,607,146 · management and general $1,294,646

• 22 · Depreciation, depletion and amortization

  total $58,682,050 · program services $52,298,770 · management and general $6,383,280

• 23 · Insurance

  total $13,953,189 · management and general $13,953,189

• 24a · Other expenses: Patient Supplies & Phar

  total $233,852,074 · program services $233,852,074

• 24b · Other expenses: Bad Debts

  total $118,610,051 · program services $118,610,051

• 24c · Other expenses: HCCB Assessment

  total $34,113,606 · program services $34,113,606

• 24d · Other expenses: Repairs & Maintenance

  total $16,949,162 · program services $16,066,453 · management and general $882,709

• 24e · All other expenses

  total $1,979,206 · program services $1,425,352 · management and general $553,854

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $9,351 · end of year $34,740

• 4 · Accounts receivable

  beginning of year $126,575,437 · end of year $142,642,629

• 8 · Inventories for sale or use

  beginning of year $19,484,003 · end of year $20,469,635

• 9 · Prepaid expenses and deferred charges

  beginning of year $17,988,468 · end of year $13,882,155

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

  $1,697,838,439

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

  $903,821,116

• 10c · Land, buildings and equipment, net

  beginning of year $786,708,903 · end of year $794,017,323

• 12 · Investments: other securities

  beginning of year $18,926,847 · end of year $24,213,348

• 13 · Investments: program-related

  beginning of year $42,530,642 · end of year $45,337,178

• 15 · Other assets

  beginning of year $106,027,442 · end of year $122,569,675

• 17 · Accounts payable and accrued expenses

  beginning of year $38,766,675 · end of year $42,276,369

• 18 · Grants payable

  beginning of year $100,000 · end of year $0

• 20 · Tax-exempt bond liabilities

  beginning of year $480,740,377 · end of year $449,683,734

• 25 · Other liabilities

  beginning of year $133,152,783 · end of year $158,244,244

• 27 · Net assets without donor restrictions

  beginning of year $430,422,234 · end of year $478,210,422

• 28 · Net assets with donor restrictions

  beginning of year $35,069,024 · end of year $34,751,914

The filer's explanations (Part III)

Part I, Lines 4a-b

Danielle Drummond - President and Chief Executive Officer - participated in a supplemental nonqualified deferred compensation plan. She had $82,086 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). She had an additional $182,812 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Lance Green - Executive VP and Chief Financial Officer - participated in a supplemental nonqualified deferred compensation plan. He had $100,138 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). He had an additional $98,946 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Timothy Boynton - SVP of Development and Chief Public Relations and Communications Officer - participated in a supplemental nonqualified deferred compensation plan. He had $66,877 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). He had an additional $59,332 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Timothy Regan - President/Chief Medical Officer - participated in a supplemental nonqualified deferred compensation plan. He had $70,677 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). He had an additional $106,274 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Michael Spake - SVP of External Affairs and Chief Compliance and Integrity Officer - participated in a supplemental nonqualified deferred compensation plan. He had $37,860 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). He had an additional $57,698 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Sarah Bhagat - Chief Operating Officer and SVP of Ambulatory Operations and Organizational Effectiveness - participated in a supplemental nonqualified deferred compensation plan. She had $80,115 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). She had an additional $64,336 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Jonn Hoppe - EVP and Chief Legal Officer - participated in a supplemental nonqualified deferred compensation plan. He had $112,084 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). He had an additional $95,279 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Scott Dimmick - SVP and Chief Human Resources Officer - participated in a supplemental nonqualified deferred compensation plan. He had $81,595 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). He had an additional $65,272 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Deana Nelson - SVP of Administration and Corporate Priorities - participated in a supplemental nonqualified deferred compensation plan. She had $81,626 of taxable benefits during calendar year 2023. This amount is included in Part II Column (B)(iii). She had an additional $61,198 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. April Novotny - SVP and Chief Nurse Executive - participated in a supplemental nonqualified deferred compensation plan. She had $45,900 of taxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. She had an additional $59,193 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Ana Kalman - SVP and CIO/Chief Applications Officer - participated in a supplemental nonqualified deferred compensation plan. She had $54,183 of taxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. She had an additional $65,909 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Stacy Bolton - SVP and CIO/Chief Technology Officer - participated in a supplemental nonqualified deferred compensation plan. She had $50,478 of taxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. She had an additional $59,748 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Terry Hamilton - EVP and Chief Operating Officer - participated in a supplemental nonqualified deferred compensation plan. He had $90,303 of taxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. He had an additional $104,478 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Patrick Phillips - SVP of Business Development/Chief Strategy Officer - participated in a supplemental nonqualified deferred compensation plan. He had $51,680 of taxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. He had an additional $60,458 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Francisco J. Chebly - Executive Director LRH Physician Group - participated in a supplemental nonqualified deferred compensation plan. He had $61,633 of taxable benefits accrue during calendar year 2023 This amount is included in Part II Column C. He had an additional $71,038 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Hal Escowitz - Chief Quality Officer and Chief Medical Informatics Officers - participated in a supplemental nonqualified deferred compensation plan. He had $70,084 of taxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. He had an additional $81,193 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. Graham Greene - Medical Director of Surgical and Specialty Services - participated in a supplemental nonqualified deferred compensation plan. He had $39,195 of taxable benefits accrue during calendar year 2023. This amount is included in Part II Column C. He had an additional $18,470 of nontaxable benefits accrue during calendar year 2023. This amount is included in Part II Column C.