Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $165,000

• 1e · Government grants (contributions)

  $1,500

• 1f · All other contributions, gifts and grants

  $272,727

• 2a · Program service revenue: Patient services

  total $256,582,186 · related or exempt $256,582,186

• 2b · Program service revenue: Family Pharmacy

  total $14,055,428 · related or exempt $13,944,305 · unrelated business $111,123

• 2c · Program service revenue: 340B Program Revenue

  total $10,257,643 · related or exempt $10,257,643

• 2d · Program service revenue: Laboratory-Other

  total $1,014,655 · related or exempt $1,014,655

• 3 · Investment income

  total $238,347 · excluded $238,347

• 6a · Gross rents

  real property $688,214

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $688,214

• 6d · Net rental income or loss

  total $688,214 · excluded $688,214

• 7a · Gross sales of assets other than inventory

  other assets $6,828

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

  other assets $0

• 7c · Gain or loss

  other assets $6,828

• 7d · Net gain or loss

  total $6,828 · excluded $6,828

• 11a · Other revenue: Cafeteria & vending

  total $831,183 · related or exempt $831,183

• 11b · Other revenue: S-Corp Home Health Svs

  total $96,415 · unrelated business $96,415

• 11d · All other revenue

  total $80,389 · related or exempt $80,389

• 11e · Other revenue, total

  $1,007,987

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $77,855,907 · program services $52,864,161 · management and general $24,991,746

• 11g · Fees: other

  total $21,427,928 · program services $14,549,562 · management and general $6,878,366

• 13 · Office expenses

  total $994,592 · program services $675,328 · management and general $319,264

• 14 · Information technology

  total $15,581 · program services $10,579 · management and general $5,002

• 16 · Occupancy

  total $4,189,601 · program services $2,844,739 · management and general $1,344,862

• 17 · Travel

  total $19,612 · program services $13,316 · management and general $6,296

• 20 · Interest

  total $294,902 · program services $200,238 · management and general $94,664

• 22 · Depreciation, depletion and amortization

  total $7,903,739 · program services $5,366,639 · management and general $2,537,100

• 24a · Other expenses: Medical supplies

  total $35,911,105 · program services $24,383,640 · management and general $11,527,465

• 24b · Other expenses: Pharmacy Supplies and D

  total $30,953,963 · program services $21,017,741 · management and general $9,936,222

• 24c · Other expenses: Bad debts

  total $9,920,352 · program services $6,735,919 · management and general $3,184,433

• 24d · Other expenses: Healthcare provider tax

  total $7,843,400 · program services $5,325,669 · management and general $2,517,731

• 24e · All other expenses

  total $3,308,498 · program services $2,246,469 · management and general $1,062,029

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $768,030

• 4 · Accounts receivable

  beginning of year $24,593,640 · end of year $46,033,537

• 8 · Inventories for sale or use

  beginning of year $7,043,451 · end of year $7,162,743

• 9 · Prepaid expenses and deferred charges

  beginning of year $578,840 · end of year $1,134,417

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

  $116,715,433

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

  $5,922,046

• 10c · Land, buildings and equipment, net

  beginning of year $92,502,770 · end of year $110,793,387

• 12 · Investments: other securities

  beginning of year $207,641 · end of year $500,140

• 15 · Other assets

  beginning of year $115,425,277 · end of year $181,808,665

• 17 · Accounts payable and accrued expenses

  beginning of year $7,008,638 · end of year $8,841,662

• 25 · Other liabilities

  beginning of year $7,767,775 · end of year $14,427,437

• 27 · Net assets without donor restrictions

  beginning of year $226,343,236 · end of year $324,163,790

The filer's explanations (Part III)

Part I, Line 3

The Executive Compensation Committee, comprised of members who are free of any conflicts of interest, adheres to a disciplined process for reviewing compensation for senior executives to ensure that the compensation is reasonable. The Committee has retained an independent consulting and advisory firm, PricewaterhouseCoopers (PwC), to provide appropriate market data as to comparability. The Committee reviews comparability data and other relevant evidence and approves the compensation of senior executives; provided, however, that in the case of the CEO, the Board, after review of the comparability data and other relevant evidence, including a recommendation from the Committee, has the final approval with regard to the CEO's compensation. Only those Board members who are free of conflicts of interest vote on the CEO's compensation. All compensation decisions, including the comparability data reviewed and any other relevant information considered, are contemporaneously documented in meeting minutes.

Schedule J, Part I, Line 4a

Daniel J Lauffer, Former CEO, received a severance payment in 2022 for $682,388 which included compensation and benefits.

Disregarded entities

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

• Donnally Street Partners

  Medical Office rental · WV

  Directly controlled by TMH Services Inc

Related corporations and trusts

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

• TMH Services Inc

  C · Equipment sales, rental and related services, vending sales · WV · 100% owned · share of income $1,335,679 · share of assets $6,764,152 · controlled entity

  Directly controlled by Herbert J Thomas Memorial Hospital Association Inc