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Nonprofiteer
← LEXMED INC

Form 990 for tax year 2023

Filed by LEXMED INC.

Totals

Total revenue
$36,501,284
Total expenses
$41,009,593
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$36,501,241
Investment income
$43
Other revenue
$0
Total assets, end of year
$21,166,901
Total liabilities, end of year
$22,721,593
Net assets or fund balances, end of year
-$1,554,692
Program services expenses (Part IX)
$18,964,478
Management and general expenses
$22,045,115
Fundraising expenses
$0
Program service expenses (Part III)
$18,964,478

Program services were 46.2% 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.

  • 2a · Program service revenue: PATIENT CARE REVENUE

    total $36,084,683 · related or exempt $36,084,683

  • 2b · Program service revenue: OTHER CARE REVENUE

    total $344,757 · related or exempt $344,757

  • 2c · Program service revenue: OTHER DEPARTMENTAL REVENUE

    total $71,801 · related or exempt $71,801

  • 3 · Investment income

    total $43 · related or exempt $43

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $22,843,087 · program services $16,818,302 · management and general $6,024,785

  • 9 · Other employee benefits

    total $7,554,520 · management and general $7,554,520

  • 11g · Fees: other

    total $247,374 · program services $20,672 · management and general $226,702

  • 16 · Occupancy

    total $123,318 · program services $64,148 · management and general $59,170

  • 20 · Interest

    total $19,046 · management and general $19,046

  • 22 · Depreciation, depletion and amortization

    total $1,635,262 · program services $103,368 · management and general $1,531,894

  • 23 · Insurance

    total $33,724 · management and general $33,724

  • 24a · Other expenses: SUPPLIES

    total $3,359,809 · program services $514,583 · management and general $2,845,226

  • 24b · Other expenses: OTHER EXPENSES

    total $3,214,995 · program services $707,119 · management and general $2,507,876

  • 24c · Other expenses: UTILITIES

    total $836,033 · management and general $836,033

  • 24d · Other expenses: DRUGS

    total $750,423 · program services $693,584 · management and general $56,839

  • 24e · All other expenses

    total $392,002 · program services $42,702 · management and general $349,300

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,625 · end of year $1,741

  • 2 · Savings and temporary cash investments

    beginning of year $165,476 · end of year $143,396

  • 4 · Accounts receivable

    beginning of year $3,636,224 · end of year $3,693,531

  • 8 · Inventories for sale or use

    beginning of year $185,808 · end of year $178,086

  • 9 · Prepaid expenses and deferred charges

    beginning of year $39,066 · end of year $34,755

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

    $44,806,664

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

    $27,691,272

  • 10c · Land, buildings and equipment, net

    beginning of year $15,639,418 · end of year $17,115,392

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,770,620 · end of year $3,689,322

  • 25 · Other liabilities

    beginning of year $13,943,380 · end of year $19,032,271

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,953,617 · end of year -$1,554,692

Mission and programs · 2023

Mission

TO PROMOTE AND FACILITATE THE PROVISION OF CONGREGRATE CARE, NURSING, AND OPERATE HEALTH CARE RELATED FACILITIES FOR THE AGED IN LEXINGTON COUNTY, SOUTH CAROLINA AND THE SURROUNDING AREAS.

Activities or mission (Part I)

TO PROMOTE AND FACILITATE THE PROVISION OF CONGREGATE CARE, NURSING, AND OPERATE HEALTH CARE RELATED FACILITIES FOR THE AGED.

  • TO PROMOTE AND FACILITATE THE PROVISION OF CONGREGATE CARE, NURSING, AND OPERATE HEALTH CARE RELATED FACILITIES FOR THE AGED IN LEXINGTON COUNTY, SOUTH CAROLINA AND THE SURROUNDING AREAS.

    Expenses $18,964,478 · Revenue $36,501,284

As filed on the 2023 return.

Listed in Part VII

  • Larry Stroud

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3

  • Mickey Layden

    PRESIDENT/CEO

    Total calculated
    $0
    Hours/week
    0.3

  • Frank Shumpert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3

  • David Lamb

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.3

  • Dr Gilbert L Rogers

    MEDICAL DIRECTOR

    Total calculated
    $414,090
    From this org
    $0
    From related orgs
    $326,783
    Other
    $87,307
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $308,283 related
    Bonus
    $0 + $18,500 related
    Other
    $0
    Deferred
    $0 + $59,356 related
    Nontaxable benefits
    $0 + $27,951 related
    Filer's total
    $0 + $414,090 related

  • Tod A Augsburger

    PRESIDENT/CEO

    Total calculated
    $5,359,496
    From this org
    $0
    From related orgs
    $4,447,824
    Other
    $911,672
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,336,924 related
    Bonus
    $0 + $634,168 related
    Other
    $0 + $2,476,732 related
    Deferred
    $0 + $881,296 related
    Nontaxable benefits
    $0 + $30,376 related
    Filer's total
    $0 + $5,359,496 related

  • Jeffrey Brillhart

    SR VICE PRESIDENT/CFO

    Total calculated
    $1,048,075
    From this org
    $0
    From related orgs
    $832,631
    Other
    $215,444
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $608,079 related
    Bonus
    $0 + $209,314 related
    Other
    $0 + $15,238 related
    Deferred
    $0 + $185,279 related
    Nontaxable benefits
    $0 + $30,165 related
    Filer's total
    $0 + $1,048,075 related

  • Kathryn Diane Gill

    VP FOR EXTENDED CARE

    Total calculated
    $418,230
    From this org
    $0
    From related orgs
    $341,557
    Other
    $76,673
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $268,807 related
    Bonus
    $0 + $65,601 related
    Other
    $0 + $7,149 related
    Deferred
    $0 + $48,796 related
    Nontaxable benefits
    $0 + $27,877 related
    Filer's total
    $0 + $418,230 related

  • Jeffrey Scott Wilson

    GENERAL COUNSEL SRVP

    Total calculated
    $811,893
    From this org
    $0
    From related orgs
    $655,762
    Other
    $156,131
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $473,031 related
    Bonus
    $0 + $169,912 related
    Other
    $0 + $12,819 related
    Deferred
    $0 + $126,150 related
    Nontaxable benefits
    $0 + $29,981 related
    Filer's total
    $0 + $811,893 related

  • Dr Scott B Boyd

    PHYSICAN

    Total calculated
    $1,746,021
    From this org
    $0
    From related orgs
    $1,657,852
    Other
    $88,169
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,426,490 related
    Bonus
    $0 + $230,042 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $57,948 related
    Nontaxable benefits
    $0 + $30,221 related
    Filer's total
    $0 + $1,746,021 related

  • Dr Quillin Gourley Davis

    PHYSICAN

    Total calculated
    $1,809,240
    From this org
    $0
    From related orgs
    $1,722,213
    Other
    $87,027
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,701,893 related
    Bonus
    $0 + $19,000 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $57,948 related
    Nontaxable benefits
    $0 + $29,079 related
    Filer's total
    $0 + $1,809,240 related

  • Dr Joshua D Lawson

    PHYSICAN

    Total calculated
    $1,814,212
    From this org
    $0
    From related orgs
    $1,726,042
    Other
    $88,170
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,705,722 related
    Bonus
    $0 + $19,000 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $57,948 related
    Nontaxable benefits
    $0 + $30,222 related
    Filer's total
    $0 + $1,814,212 related

  • Dr David K Lee

    PHYSICAN

    Total calculated
    $1,719,366
    From this org
    $0
    From related orgs
    $1,631,208
    Other
    $88,158
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,538,055 related
    Bonus
    $0 + $91,833 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $57,948 related
    Nontaxable benefits
    $0 + $30,210 related
    Filer's total
    $0 + $1,719,366 related

  • Dr Charles P Toussaint

    PHYSICAN

    Total calculated
    $2,087,977
    From this org
    $0
    From related orgs
    $1,999,768
    Other
    $88,209
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,945,373 related
    Bonus
    $0 + $53,075 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $57,948 related
    Nontaxable benefits
    $0 + $30,261 related
    Filer's total
    $0 + $2,087,977 related

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 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

The filer's explanations (Part III)

PART I, LINE 4B
TOD AUGSBURGER, JEFFREY BRILLHART, AND JEFFREY WILSON PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
12 February 2025
IRS schema version
2023v6.0
Source object
202510489349301021

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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