Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $4,154,818

• 2a · Program service revenue: Patient Service Revenue

  total $217,368,510 · related or exempt $217,368,510

• 2b · Program service revenue: Miscellaneous

  total $2,604,645 · related or exempt $1,497,251 · excluded $1,107,394

• 2c · Program service revenue: Contractual/Char. Adj.

  total -$116,808,677 · related or exempt -$116,808,677

• 3 · Investment income

  total $713,640 · excluded $713,640

• 6a · Gross rents

  real property $118,083

• 6b · Less rental expenses

  real property $51,592

• 6c · Rental income or loss

  real property $66,491

• 6d · Net rental income or loss

  total $66,491 · excluded $66,491

• 7a · Gross sales of assets other than inventory

  securities $20,078,470 · other assets $585,567

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

  securities $12,673,076 · other assets $0

• 7c · Gain or loss

  securities $7,405,394 · other assets $585,567

• 7d · Net gain or loss

  total $7,990,961 · excluded $7,990,961

• 8a · Fundraising events: gross income

  $41,150

• 8b · Fundraising events: direct expenses

  $17,838

• 8c · Net income from fundraising events

  total $23,312 · excluded $23,312

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,394,251 · program services $492,832 · management and general $1,901,419

• 7 · Other salaries and wages

  total $45,683,138 · program services $39,789,250 · management and general $5,768,113 · fundraising $125,775

• 8 · Pension plan contributions

  total $1,094,450 · program services $957,811 · management and general $133,607 · fundraising $3,032

• 9 · Other employee benefits

  total $8,965,159 · program services $7,700,451 · management and general $1,240,472 · fundraising $24,236

• 10 · Payroll taxes

  total $2,777,163 · program services $2,337,845 · management and general $432,007 · fundraising $7,311

• 11b · Fees: legal

  total $123,461 · management and general $123,461

• 11c · Fees: accounting

  total $138,493 · management and general $138,493

• 11f · Fees: investment management

  total $248,382 · management and general $248,382

• 11g · Fees: other

  total $18,440,114 · program services $12,195,932 · management and general $6,226,948 · fundraising $17,234

• 12 · Advertising and promotion

  total $36,866 · program services $36,741 · management and general $125

• 13 · Office expenses

  total $154,637 · program services $147,046 · management and general $6,062 · fundraising $1,529

• 14 · Information technology

  total $1,192,231 · management and general $1,192,231

• 16 · Occupancy

  total $1,744,269 · program services $1,646,991 · management and general $97,278

• 17 · Travel

  total $87,296 · program services $57,986 · management and general $27,831 · fundraising $1,479

• 19 · Conferences, conventions and meetings

  total $280,349 · program services $147,585 · management and general $130,989 · fundraising $1,775

• 20 · Interest

  total $953,849 · program services $900,653 · management and general $53,196

• 22 · Depreciation, depletion and amortization

  total $5,561,091 · program services $5,250,948 · management and general $310,143

• 23 · Insurance

  total $1,069,960 · program services $334,088 · management and general $735,872

• 24a · Other expenses: Medical Supplies

  total $9,518,502 · program services $9,145,341 · management and general $373,161

• 24b · Other expenses: Medicaid Enhancement Ta

  total $4,810,499 · program services $4,810,499

• 24c · Other expenses: Miscellaneous

  total $1,639,567 · program services $1,098,177 · management and general $539,069 · fundraising $2,321

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,408 · end of year $3,415

• 2 · Savings and temporary cash investments

  beginning of year $20,051,852 · end of year $9,183,902

• 4 · Accounts receivable

  beginning of year $12,126,893 · end of year $14,471,417

• 8 · Inventories for sale or use

  beginning of year $721,680 · end of year $919,590

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,024,588 · end of year $1,155,355

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

  $111,647,507

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

  $66,355,967

• 10c · Land, buildings and equipment, net

  beginning of year $47,071,825 · end of year $45,291,540

• 11 · Investments: publicly traded securities

  beginning of year $83,964,095 · end of year $90,427,728

• 15 · Other assets

  beginning of year $7,107,358 · end of year $7,079,874

• 17 · Accounts payable and accrued expenses

  beginning of year $10,647,911 · end of year $9,277,459

• 20 · Tax-exempt bond liabilities

  beginning of year $22,244,753 · end of year $21,719,938

• 23 · Secured mortgages and notes payable

  end of year $1,144,268

• 25 · Other liabilities

  beginning of year $21,414,854 · end of year $9,397,960

• 27 · Net assets without donor restrictions

  beginning of year $97,820,447 · end of year $103,509,171

• 28 · Net assets with donor restrictions

  beginning of year $19,942,734 · end of year $23,484,025

The filer's explanations (Part III)

Part I, Line 7

Bonuses paid to Surgeons were based off of performance metrics relating to increased service access. The Bonuses for Senior Leadership are currently driven off of organizational goals as well as individual goals.

Related corporations and trusts

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

• Huggins Senior Housing

  C · Elderly Housing · NH · 100% owned · controlled entity

  Directly controlled by Huggins Hospital