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Nonprofiteer
← HOSPITAL MENONITA CAGUAS INC

Form 990 for tax year 2023

Filed by HOSPITAL MENONITA CAGUAS INC.

Totals

Total revenue
$144,143,252
Total expenses
$123,490,643
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$137,141,737
Investment income
$2,412,951
Other revenue
$4,588,564
Total assets, end of year
$199,142,191
Total liabilities, end of year
$64,414,410
Net assets or fund balances, end of year
$134,727,781
Program services expenses (Part IX)
$93,812,580
Management and general expenses
$29,678,063
Fundraising expenses
$0
Program service expenses (Part III)
$93,812,580

Program services were 76.0% 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 SERVICE REVENUE

    total $137,141,737 · related or exempt $137,141,737

  • 3 · Investment income

    total $2,309,946 · excluded $2,309,946

  • 6a · Gross rents

    real property $1,066,357

  • 6c · Rental income or loss

    real property $1,066,357

  • 6d · Net rental income or loss

    total $1,066,357 · related or exempt $1,066,357

  • 7a · Gross sales of assets other than inventory

    securities $21,091,710 · other assets $740,146

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

    securities $20,988,442 · other assets $740,409

  • 7c · Gain or loss

    securities $103,268 · other assets -$263

  • 7d · Net gain or loss

    total $103,005 · excluded $103,005

  • 11a · Other revenue: CAFETERIA & DIETARY SERVICES

    total $2,028,714 · related or exempt $2,028,714

  • 11b · Other revenue: OTHER OPERATING REVENUE

    total $941,846 · related or exempt $941,846

  • 11c · Other revenue: EQUITY IN SUBSIDIARY

    total $339,814 · related or exempt $339,814

  • 11d · All other revenue

    total $211,833 · related or exempt $211,833

  • 11e · Other revenue, total

    $3,522,207

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,391,159 · program services $2,391,159

  • 7 · Other salaries and wages

    total $27,787,233 · program services $23,444,983 · management and general $4,342,250

  • 9 · Other employee benefits

    total $11,965,986 · program services $4,138,578 · management and general $7,827,408

  • 10 · Payroll taxes

    total $2,549,196 · program services $2,171,400 · management and general $377,796

  • 11g · Fees: other

    total $27,213,329 · program services $25,231,291 · management and general $1,982,038

  • 20 · Interest

    total $2,264,765 · management and general $2,264,765

  • 22 · Depreciation, depletion and amortization

    total $6,557,393 · program services $3,840,893 · management and general $2,716,500

  • 23 · Insurance

    total $2,062,009 · program services $34,586 · management and general $2,027,423

  • 24a · Other expenses: SUPPLIES

    total $26,257,529 · program services $26,133,876 · management and general $123,653

  • 24b · Other expenses: OTHER DIRECT EXPENSES

    total $10,027,657 · program services $5,835,969 · management and general $4,191,688

  • 24c · Other expenses: UTILITIES

    total $3,370,258 · program services $221,544 · management and general $3,148,714

  • 24d · Other expenses: BAD DEBT EXPENSES

    total $675,828 · management and general $675,828

  • 24e · All other expenses

    total $368,301 · program services $368,301

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $37,221,802 · end of year $48,476,393

  • 2 · Savings and temporary cash investments

    beginning of year $10,000 · end of year $10,000

  • 4 · Accounts receivable

    beginning of year $29,455,806 · end of year $34,098,042

  • 5 · Loans and receivables from officers and key people

    beginning of year $25,300

  • 7 · Other notes and loans receivable

    beginning of year $3,605,883

  • 8 · Inventories for sale or use

    beginning of year $1,588,394 · end of year $1,916,948

  • 9 · Prepaid expenses and deferred charges

    beginning of year $543,220 · end of year $685,305

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

    $118,835,002

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

    $39,199,421

  • 10c · Land, buildings and equipment, net

    beginning of year $78,555,668 · end of year $79,635,581

  • 11 · Investments: publicly traded securities

    beginning of year $20,148,361 · end of year $20,960,887

  • 12 · Investments: other securities

    beginning of year $6,327,267 · end of year $6,667,081

  • 14 · Intangible assets

    beginning of year $4,308,673 · end of year $4,308,673

  • 15 · Other assets

    beginning of year $495,782 · end of year $2,383,281

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,991,103 · end of year $14,469,784

  • 19 · Deferred revenue

    beginning of year $58,603 · end of year $58,603

  • 23 · Secured mortgages and notes payable

    beginning of year $45,440,022 · end of year $43,925,664

  • 25 · Other liabilities

    beginning of year $6,700,718 · end of year $5,960,359

  • 27 · Net assets without donor restrictions

    beginning of year $114,095,710 · end of year $134,727,781

Mission and programs · 2023

Mission

PROVIDE COMPETENT, INNOVATIVE AND ACCESSIBLE EMERGENCY AND ACUTE CARE SERVICES FOR THE RESIDENTS OF THE MUNICIPALITY OF CAGUAS AND SURROUNDING MUNICIPALITIES IN A WARMTH ATMOSPHERE, WITHOUT DISCRIMINATION OF RACE, COLOR, SEX, RELIGION, POLITICAL BELIEF, NATIONALITY, AGE OR DISABILITY.

  • PATIENT CARE-THE HOSPITAL PROVIDES GENERAL HEALTH CARE SERVICES TO PATIENTS WITHIN ITS GEOGRAPHICAL LOCATION. EXPENSES INCLUDE HEALTH CARE AND GENERAL AND ADMINISTRATIVE. MEDICAL EXPENSE ASSISTANCE- THE HOSPITAL PROVIDES CHARITY CARE WITHOUT CHARGE OF AN AMOUNT LESS THAN ESTABLISHED RATIOS TO PATIENTS WHO MEET CERTAIN CRITERIA. CHARGES FORGONE BASED ON STANDARD RATES.

    Expenses $93,812,580 · Revenue $141,730,301

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dr Rodolfo E Alcedo Guardi

    NEUROSURGICA

    Total calculated
    $794,997
    From this org
    $794,997
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $794,997
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $794,997

  • Lcdo Jose G Pastrana

    ADMINISTRATO

    Total calculated
    $273,207
    From this org
    $209,994
    From related orgs
    $0
    Other
    $63,213
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,994
    Bonus
    not reported
    Other
    not reported
    Deferred
    $63,213
    Nontaxable benefits
    not reported
    Filer's total
    $273,207

  • Carmen Morales Colon

    NEURO DIRECT

    Total calculated
    $168,309
    From this org
    $158,309
    From related orgs
    $0
    Other
    $10,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,309
    Bonus
    not reported
    Other
    not reported
    Deferred
    $10,000
    Nontaxable benefits
    not reported
    Filer's total
    $168,309

  • Anna E Rolon Bonilla

    FINANCE DIRE

    Total calculated
    $161,403
    From this org
    $142,832
    From related orgs
    $0
    Other
    $18,571
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,832
    Bonus
    not reported
    Other
    not reported
    Deferred
    $18,571
    Nontaxable benefits
    not reported
    Filer's total
    $161,403

  • Ing Alex A Espada Ortiz

    PLANT DIRECT

    Total calculated
    $93,640
    From this org
    $93,640
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Gisela Rosado Rodriguez

    INFO. HEALTH

    Total calculated
    $86,971
    From this org
    $86,971
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Sandra L Luna Bermudez

    NURSING DIRE

    Total calculated
    $85,725
    From this org
    $79,725
    From related orgs
    $0
    Other
    $6,000
    Hours/week
    40

  • Maria Giusti Gonzalez

    QUALITY DIRE

    Total calculated
    $77,106
    From this org
    $77,106
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Lcdo Luis A Ramirez Walker

    ASSOCIATE AD

    Total calculated
    $64,396
    From this org
    $64,396
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Sara M Romero Marchese

    NUTRITION DI

    Total calculated
    $64,362
    From this org
    $64,362
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Irma Carrillo Muniz

    HUMAN RESOUR

    Total calculated
    $56,562
    From this org
    $56,562
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Yanira Rivera Flores

    DIRECTOR OF

    Total calculated
    $49,537
    From this org
    $49,537
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Gerika Rodriguez Rodriguez

    RISK MANAG D

    Total calculated
    $46,572
    From this org
    $46,572
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Lcda Julian Leon Leon

    ASSOCIATE AD

    Total calculated
    $44,923
    From this org
    $44,923
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Ana E Velazquez Fuentes

    SOCIAL WORK

    Total calculated
    $44,499
    From this org
    $44,499
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jose R Gonzalez Berrios

    PURSHASING M

    Total calculated
    $40,413
    From this org
    $40,413
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Angel J Aviles Santini

    SECURITY DIR

    Total calculated
    $36,504
    From this org
    $36,504
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Brendaly Vazquez Garcia

    RADIOLOGY DI

    Total calculated
    $27,425
    From this org
    $27,425
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Normaris Negron

    RESPIRATORY

    Total calculated
    $20,160
    From this org
    $20,160
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Carlos E Rentas Rolon

    ADMISSION DI

    Total calculated
    $6,276
    From this org
    $6,276
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Lcda Elyvette Fuentes Bonilla

    DIRECTOR

    Total calculated
    $0

  • Jose A Cartagena

    PRESIDENT

    Total calculated
    $0

  • Robert G Miller Eimen

    SECRETARY

    Total calculated
    $0

  • Nelida Luna Garcia

    DIRECTOR

    Total calculated
    $0

  • Erick Santiago Gonzalez

    VICE PRESIDE

    Total calculated
    $0

  • Angel M Aviles Rivera

    TREASURER

    Total calculated
    $0

  • Dr Angel Velazquez

    PRESIDENT ME

    Total calculated
    $0

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

  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 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)

SCHEDULE J, PAGE 1, PART I, LINE 5A
THE ORGANIZATION PAID COMPENSATION TO ITS OFFICERS CONTINGENT ON THE ORGANIZATION'S REVENUES.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

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

  • PLAN DE SALUD MENONITA INC

    C CORP · HEALTH PLA · PR

  • CARIBE RX INC

    C CORP · DRUG WHOLE · PR · 100% owned · share of income $6,956,475 · share of assets $8,270,150

  • STRATEGIC PROVIDERS ALLIANCE INC

    C CORP · HEALTH SER · PR

Provenance

Return type
form_990
Tax year
2023
Filed
18 February 2025
IRS schema version
2023v6.0
Source object
202520499349301587

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