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Nonprofiteer
← TIDALHEALTH ATLANTIC INC

Form 990 for tax year 2023

Filed by TIDALHEALTH ATLANTIC INC.

Totals

Total revenue
$175,276,018
Total expenses
$177,651,009
Contributions and grants received
$1,612,906
Grants paid
$0
Program service revenue
$169,077,693
Investment income
$3,760,134
Other revenue
$825,285
Total assets, end of year
$143,866,100
Total liabilities, end of year
$88,586,255
Net assets or fund balances, end of year
$55,279,845
Program services expenses (Part IX)
$141,971,390
Management and general expenses
$35,379,496
Fundraising expenses
$300,123
Program service expenses (Part III)
$141,971,390

Program services were 79.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $533,463

  • 1f · All other contributions, gifts and grants

    $1,079,443

  • 1g · Noncash contributions included above

    $2,500

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $155,656,907 · related or exempt $155,656,907

  • 2b · Program service revenue: PHARMACY

    total $11,144,744 · related or exempt $9,342,948 · unrelated business $1,801,796

  • 2c · Program service revenue: OTHER OPERATING

    total $2,276,042 · related or exempt $2,266,427 · unrelated business $9,615

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $1,032,261 · excluded $1,032,261

  • 6a · Gross rents

    real property $454,511

  • 6b · Less rental expenses

    real property $29,042

  • 6c · Rental income or loss

    real property $425,469 · personal property $0

  • 6d · Net rental income or loss

    total $425,469 · excluded $425,469

  • 7a · Gross sales of assets other than inventory

    securities $2,727,873

  • 7c · Gain or loss

    securities $2,727,873 · other assets $0

  • 7d · Net gain or loss

    total $2,727,873 · excluded $2,727,873

  • 8a · Fundraising events: contributions included on line 1c

    $533,463

  • 8b · Fundraising events: direct expenses

    $128,332

  • 8c · Net income from fundraising events

    total -$128,332 · excluded -$128,332

  • 10a · Gross sales of inventory

    $347,084

  • 10b · Cost of goods sold

    $167,687

  • 10c · Net income from sales of inventory

    total $179,397 · excluded $179,397

  • 11a · Other revenue: CAFETERIA

    total $205,691 · related or exempt $205,691

  • 11b · Other revenue: MISCELLANEOUS

    total $143,060 · related or exempt $143,060

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $348,751

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,376,484 · management and general $1,376,484

  • 7 · Other salaries and wages

    total $72,357,195 · program services $65,919,531 · management and general $6,223,660 · fundraising $214,004

  • 8 · Pension plan contributions

    total $1,028,716 · management and general $1,028,716

  • 9 · Other employee benefits

    total $9,066,128 · program services $3,465,061 · management and general $5,600,228 · fundraising $839

  • 10 · Payroll taxes

    total $4,709,757 · program services $4,191,742 · management and general $501,821 · fundraising $16,194

  • 11b · Fees: legal

    total $114,432 · program services $36,076 · management and general $78,356

  • 11g · Fees: other

    total $12,083,404 · program services $10,070,219 · management and general $2,009,774 · fundraising $3,411

  • 12 · Advertising and promotion

    total $777,578 · program services $775,957 · fundraising $1,621

  • 13 · Office expenses

    total $6,327,975 · program services $5,012,103 · management and general $1,270,906 · fundraising $44,966

  • 14 · Information technology

    total $6,778,957 · program services $2,774 · management and general $6,776,183

  • 16 · Occupancy

    total $1,209,030 · program services $1,172,746 · management and general $36,267 · fundraising $17

  • 17 · Travel

    total $63,377 · program services $55,528 · management and general $7,300 · fundraising $549

  • 19 · Conferences, conventions and meetings

    total $40,942 · program services $30,510 · management and general $8,885 · fundraising $1,547

  • 20 · Interest

    total $1,748,319 · program services $442,278 · management and general $1,306,041

  • 22 · Depreciation, depletion and amortization

    total $7,142,642 · program services $958,339 · management and general $6,184,303

  • 23 · Insurance

    total $2,148,090 · program services $392,449 · management and general $1,755,641

  • 24a · Other expenses: Medical Supplies

    total $37,143,959 · program services $37,143,959

  • 24b · Other expenses: Bad Debt Expense

    total $8,092,362 · program services $8,092,362

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $3,316,148 · program services $3,146,352 · management and general $156,389 · fundraising $13,407

  • 24d · Other expenses: DUES

    total $439,352 · program services $37,677 · management and general $401,500 · fundraising $175

  • 24e · All other expenses

    total $1,686,162 · program services $1,025,727 · management and general $657,042 · fundraising $3,393

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $16,799,216 · end of year $13,712,398

  • 3 · Pledges and grants receivable

    beginning of year $852,724 · end of year $139,555

  • 4 · Accounts receivable

    beginning of year $12,715,215 · end of year $18,269,963

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $3,332,560 · end of year $3,019,333

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,961,212 · end of year $3,293,262

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

    $166,824,506

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

    $113,792,840

  • 10c · Land, buildings and equipment, net

    beginning of year $54,321,471 · end of year $53,031,666

  • 11 · Investments: publicly traded securities

    beginning of year $19,387,532

  • 12 · Investments: other securities

    beginning of year $2,306,036 · end of year $24,626,921

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $1,332,675 · end of year $1,106,427

  • 15 · Other assets

    beginning of year $9,793,855 · end of year $26,666,575

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,272,151 · end of year $18,859,455

  • 20 · Tax-exempt bond liabilities

    beginning of year $34,092,000 · end of year $33,138,000

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $896,033 · end of year $673,510

  • 24 · Unsecured notes and loans payable

    end of year $4,587,703

  • 25 · Other liabilities

    beginning of year $14,773,450 · end of year $31,327,587

  • 27 · Net assets without donor restrictions

    beginning of year $56,572,028 · end of year $54,801,286

  • 28 · Net assets with donor restrictions

    beginning of year $1,196,834 · end of year $478,559

Mission and programs · 2023

Mission

To provide a coordinated care system with access to quality care, personalized service and education to create a healthy community.

Activities or mission (Part I)

To create a coordinated care delivery system that will provide access to quality care, personalized service, and education to improve individual and community health. We accomplish our mission through our set of values, which are honored in all our interactions.

  • ATLANTIC GENERAL HOSPITAL IS A NON PROFIT HEALTHCARE PROVIDER FOCUSING ON INPATIENT AND OUTPATIENT SERVICES FOR OUR LOCAL COMMUNITY. WE ALSO OPERATE MULTIPLE PHYSICIAN OFFICES THROUGHOUT THE REGION THAT PROVIDES FAMILY, INTERNAL AND SPECIALTY MEDICINE TO OUR LOCAL RESIDENTS. WE HAD THE FOLLOWING KEY STATISTICS DURING THE 2021 TAX YEAR: ADMISSIONS: 2,584, PATIENT DAYS: 11,854, ED VISITS: 32,720, SURGERIES: 5,999, OTHER OUTPATIENT VISITS: 53,513, TOTAL VISITS TO OUR PHYSICIAN PRACTICES WERE 117,566.

    Expenses $141,971,390 · Revenue $167,615,033

As filed on the 2023 return.

Listed in Part VII

  • Aaron Finney

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Charlotte Cathell

    Board Chair

    Total calculated
    $0
    Hours/week
    2

  • Chris Woodley

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Donald Owrey

    President & CEO

    Total calculated
    $664,897
    From this org
    $593,367
    From related orgs
    $0
    Other
    $71,530
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $456,956
    Bonus
    $112,500
    Other
    $23,911
    Deferred
    $51,378
    Nontaxable benefits
    $20,152
    Filer's total
    $664,897

  • Doug Cook

    Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Annette Wallance

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Cory Carptenter

    Chief of Staff ex-officio voting member

    Total calculated
    $0
    Hours/week
    2

  • Greg Shockley

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Jay Knerr

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • JDale Smack

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Jeffrey Greenwood MD

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Jon Andes

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • JSteven Green

    Foundation Board Chair

    Total calculated
    $0
    Hours/week
    2

  • Kevin Meyers

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Phillip Spinuzza

    Vice Chief of Staff Ex-officio voting member

    Total calculated
    $0
    Hours/week
    2

  • Rebecca Jones

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Steven Sweigert

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Todd Ferrante

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Tom Mears

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Vonnie Brown

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • William Esham

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Cheryl Nottingham

    Vice President of Finance

    Total calculated
    $230,294
    From this org
    $209,895
    From related orgs
    $0
    Other
    $20,399
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,414
    Bonus
    $16,502
    Other
    $979
    Deferred
    $5,314
    Nontaxable benefits
    $15,085
    Filer's total
    $230,294

  • Jonathan Bauer

    Vice President of Information Services

    Total calculated
    $217,517
    From this org
    $188,289
    From related orgs
    $0
    Other
    $29,228
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,440
    Bonus
    $13,428
    Other
    $421
    Deferred
    $5,756
    Nontaxable benefits
    $23,472
    Filer's total
    $217,517

  • Kim Justice

    Vice President Planning and Operations

    Total calculated
    $217,596
    From this org
    $193,032
    From related orgs
    $0
    Other
    $24,564
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $78,202
    Bonus
    $113,989
    Other
    $841
    Deferred
    $5,870
    Nontaxable benefits
    $18,694
    Filer's total
    $217,596

  • Mandy Bounds

    Vice President of Patient Care

    Total calculated
    $211,554
    From this org
    $211,554
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,716
    Bonus
    $14,255
    Other
    $583
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $211,554

  • Alae Zarif

    Physician

    Total calculated
    $1,135,501
    From this org
    $1,103,734
    From related orgs
    $0
    Other
    $31,767
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $684,296
    Bonus
    $418,639
    Other
    $799
    Deferred
    $8,250
    Nontaxable benefits
    $23,517
    Filer's total
    $1,135,501

  • Jonathan Bell

    Physician

    Total calculated
    $608,828
    From this org
    $581,884
    From related orgs
    $0
    Other
    $26,944
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $482,144
    Bonus
    $98,936
    Other
    $804
    Deferred
    $8,250
    Nontaxable benefits
    $18,694
    Filer's total
    $608,828

  • Michael Hooker

    Physician

    Total calculated
    $1,038,003
    From this org
    $1,006,236
    From related orgs
    $0
    Other
    $31,767
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $599,614
    Bonus
    $406,484
    Other
    $138
    Deferred
    $8,250
    Nontaxable benefits
    $23,517
    Filer's total
    $1,038,003

  • Rabindra Paul

    Physician

    Total calculated
    $1,406,646
    From this org
    $1,374,879
    From related orgs
    $0
    Other
    $31,767
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $548,531
    Bonus
    $825,300
    Other
    $1,048
    Deferred
    $8,250
    Nontaxable benefits
    $23,517
    Filer's total
    $1,406,646

  • Xin Zhong

    Physician

    Total calculated
    $663,567
    From this org
    $631,845
    From related orgs
    $0
    Other
    $31,722
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $389,746
    Bonus
    $242,045
    Other
    $54
    Deferred
    $8,250
    Nontaxable benefits
    $23,472
    Filer's total
    $663,567

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202531359349303588

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