Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $94,566

• 1f · All other contributions, gifts and grants

  $34,057

• 2a · Program service revenue: MEDICARE/MEDICAID

  total $6,640,934 · related or exempt $6,640,934

• 2b · Program service revenue: PATIENT SERVICE REVENUE

  total $4,027,166 · related or exempt $4,027,166

• 3 · Investment income

  total $30,817 · excluded $30,817

• 7a · Gross sales of assets other than inventory

  other assets $6,745

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

  other assets $0

• 7c · Gain or loss

  other assets $6,745

• 7d · Net gain or loss

  total $6,745 · excluded $6,745

• 11a · Other revenue: LIFELINE PRODUCTS REVENUE

  total $10,657 · related or exempt $10,657

• 11b · Other revenue: RECOVERY OF BAD DEBT

  total $2,241 · excluded $2,241

• 11e · Other revenue, total

  $12,898

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $7,700,446 · program services $6,160,359 · management and general $1,540,087

• 8 · Pension plan contributions

  total $151,944 · program services $121,555 · management and general $30,389

• 9 · Other employee benefits

  total $1,208,752 · program services $967,001 · management and general $241,751

• 10 · Payroll taxes

  total $516,833 · program services $413,466 · management and general $103,367

• 11b · Fees: legal

  total $39,000 · management and general $39,000

• 11c · Fees: accounting

  total $13,992 · management and general $13,992

• 11f · Fees: investment management

  total $2,568 · management and general $2,568

• 11g · Fees: other

  total $872,066 · program services $2,301 · management and general $869,765

• 12 · Advertising and promotion

  total $45,014 · program services $580 · management and general $44,434

• 13 · Office expenses

  total $45,170 · management and general $45,170

• 14 · Information technology

  total $81,288 · management and general $81,288

• 16 · Occupancy

  total $274,123 · management and general $274,123

• 17 · Travel

  total $330,728 · program services $322,645 · management and general $8,083

• 19 · Conferences, conventions and meetings

  total $1,816 · program services $1,816

• 22 · Depreciation, depletion and amortization

  total $62,458 · management and general $62,458

• 23 · Insurance

  total $120,576 · management and general $120,576

• 24a · Other expenses: MEDICAL SUPPLIES

  total $151,154 · program services $151,154

• 24b · Other expenses: DUES AND LICENSES

  total $46,894 · program services $38,318 · management and general $8,576

• 24c · Other expenses: PROVISION FOR BAD DEBTS

  total $31,012 · program services $31,012

• 24e · All other expenses

  total $14,684 · program services $9,900 · management and general $4,784

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,911,085 · end of year $1,971,307

• 4 · Accounts receivable

  beginning of year $1,323,230 · end of year $502,122

• 9 · Prepaid expenses and deferred charges

  beginning of year $54,736 · end of year $23,628

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

  $2,036,722

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

  $1,826,477

• 10c · Land, buildings and equipment, net

  beginning of year $280,105 · end of year $210,245

• 11 · Investments: publicly traded securities

  beginning of year $1,245,989 · end of year $1,494,355

• 12 · Investments: other securities

  beginning of year $942,217 · end of year $1,074,466

• 15 · Other assets

  beginning of year $1,818,621 · end of year $1,719,178

• 17 · Accounts payable and accrued expenses

  beginning of year $723,406 · end of year $943,233

• 25 · Other liabilities

  beginning of year $2,361,359 · end of year $2,075,910

• 27 · Net assets without donor restrictions

  beginning of year $3,311,294 · end of year $2,604,377

• 28 · Net assets with donor restrictions

  beginning of year $1,179,924 · end of year $1,371,781

The filer's explanations (Part III)

PART I, LINE 3

THE COMPENSATION OF THE CEO IS DETERMINED BY SOUTH COUNTY HOSPITAL HEALTHCARE SYSTEM WHICH USES THE FORM 990 OF OTHER ORGANIZATIONS, A COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE COMPENSATION.

Related corporations and trusts

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

• SILVER SPRING HEALTH CARE MANAGEMENT

  C · HOLDING COMPANY · RI · 100% owned · controlled entity

  Directly controlled by SCH HEALTH CARE

• SOUTH COUNTY QUALITY CARE

  C · PERSONAL CARE · RI · 100% owned · controlled entity

  Directly controlled by SS HEALTHCARE

• SSHM SURGICAL SUPPLY INC

  C · RETAIL OF MED EQP · RI · 100% owned · controlled entity

  Directly controlled by SS HEALTHCARE

• CHARITABLE REMAINDER TRUSTS (3)

  T · CHARITABLE TRUST · RI · controlled entity