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Nonprofiteer
← GRACE COMMUNITY HEALTH CENTER INC

Form 990 for tax year 2023

Filed by GRACE COMMUNITY HEALTH CENTER INC.

Totals

Total revenue
$66,379,098
Total expenses
$61,493,276
Contributions and grants received
$6,384,262
Grants paid
$21,096
Program service revenue
$59,385,512
Investment income
$612,143
Other revenue
-$2,819
Total assets, end of year
$92,077,186
Total liabilities, end of year
$44,131,458
Net assets or fund balances, end of year
$47,945,728
Program services expenses (Part IX)
$54,130,690
Management and general expenses
$7,362,586
Fundraising expenses
$0
Program service expenses (Part III)
$54,130,690

Program services were 88.0% 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.

  • 1e · Government grants (contributions)

    $5,313,397

  • 1f · All other contributions, gifts and grants

    $1,070,865

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $57,838,457 · related or exempt $57,838,457

  • 2b · Program service revenue: QUALITY REVENUE

    total $523,614 · related or exempt $523,614

  • 2c · Program service revenue: OTHER MEDICAL REVENUE

    total $610,488 · related or exempt $610,488

  • 2d · Program service revenue: PMPM REVENUE

    total $412,953 · related or exempt $412,953

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $657,779 · excluded $657,779

  • 6a · Gross rents

    real property $65,354

  • 6b · Less rental expenses

    real property $68,173

  • 6c · Rental income or loss

    real property -$2,819 · personal property $0

  • 6d · Net rental income or loss

    total -$2,819 · excluded -$2,819

  • 7a · Gross sales of assets other than inventory

    other assets $495,550

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

    other assets $541,186

  • 7c · Gain or loss

    securities $0 · other assets -$45,636

  • 7d · Net gain or loss

    total -$45,636 · excluded -$45,636

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $21,096 · program services $21,096

  • 5 · Compensation of officers, directors and key employees

    total $1,564,215 · program services $95,330 · management and general $1,468,885

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0

  • 7 · Other salaries and wages

    total $27,913,400 · program services $24,727,573 · management and general $3,185,827

  • 8 · Pension plan contributions

    total $972,674 · program services $807,555 · management and general $165,119

  • 9 · Other employee benefits

    total $2,964,963 · program services $2,446,673 · management and general $518,290

  • 10 · Payroll taxes

    total $1,984,729 · program services $1,671,131 · management and general $313,598

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0

  • 11b · Fees: legal

    total $237,301 · program services $3,651 · management and general $233,650

  • 11c · Fees: accounting

    total $96,433 · management and general $96,433

  • 11g · Fees: other

    total $2,391,641 · program services $2,218,180 · management and general $173,461 · fundraising $0

  • 12 · Advertising and promotion

    total $99,762 · program services $49,666 · management and general $50,096

  • 13 · Office expenses

    total $923,295 · program services $920,425 · management and general $2,870

  • 14 · Information technology

    total $533,405 · program services $426,871 · management and general $106,534

  • 16 · Occupancy

    total $1,390,381 · program services $1,291,996 · management and general $98,385

  • 17 · Travel

    total $157,942 · program services $85,944 · management and general $71,998

  • 19 · Conferences, conventions and meetings

    total $51,228 · program services $0 · management and general $51,228

  • 20 · Interest

    total $809,253 · program services $778,187 · management and general $31,066

  • 22 · Depreciation, depletion and amortization

    total $1,206,467 · program services $1,140,109 · management and general $66,358

  • 23 · Insurance

    total $217,332 · program services $185,964 · management and general $31,368

  • 24a · Other expenses: SUPPLIES

    total $12,252,919 · program services $12,210,185 · management and general $42,734

  • 24b · Other expenses: SMALL EQUIPMENT PURCHASES

    total $1,731,755 · program services $1,715,383 · management and general $16,372

  • 24c · Other expenses: UTILITES

    total $1,022,392 · program services $948,797 · management and general $73,595

  • 24d · Other expenses: CLEANING

    total $777,278 · program services $726,623 · management and general $50,655

  • 24e · All other expenses

    total $2,173,415 · program services $1,659,351 · management and general $514,064 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,407,876 · end of year $2,823,935

  • 2 · Savings and temporary cash investments

    beginning of year $13,470,705 · end of year $15,512,929

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $3,822,000 · end of year $6,949,232

  • 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

  • 7 · Other notes and loans receivable

    beginning of year $14,815,060 · end of year $14,815,060

  • 8 · Inventories for sale or use

    beginning of year $344,513 · end of year $598,154

  • 9 · Prepaid expenses and deferred charges

    beginning of year $135,395 · end of year $283,414

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

    $21,335,637

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

    $5,655,437

  • 10c · Land, buildings and equipment, net

    beginning of year $13,058,904 · end of year $15,680,200

  • 11 · Investments: publicly traded securities

    beginning of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $8,325,922 · end of year $10,546,793

  • 14 · Intangible assets

    beginning of year $688,704 · end of year $963,282

  • 15 · Other assets

    beginning of year $6,214,083 · end of year $23,904,187

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,007,466 · end of year $4,263,795

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0

  • 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 $18,545,328 · end of year $17,453,248

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 25 · Other liabilities

    beginning of year $5,234,078 · end of year $22,414,415

  • 27 · Net assets without donor restrictions

    beginning of year $43,477,362 · end of year $47,907,236

  • 28 · Net assets with donor restrictions

    beginning of year $18,928 · end of year $38,492

Mission and programs · 2023

Mission

The mission of Grace Health is to show the love and share the truth of Jesus Christ to southeastern Kentucky through access to compassionate, high quality primary health care for the whole person.

Activities or mission (Part I)

SHOW THE LOVE AND SHARE THE TRUTH OF JESUS CHRIST TO SOUTHEASTERN KY THROUGH ACCESS TO PRIMARY HEALTHCARE.

  • PROVIDED PRIMARY HEALTHCARE SERVICES TO 40,857 PATIENTS WITH 174,445 PATIENT VISITS. THE ORGANIZATION PROVIDED $2,887,648 IN CHARITY CARE FOR THE YEAR ENDED DECEMBER 31, 2023 AND $1,934,558 IN CHARITY CARE AT COST FOR THE YEAR ENDED DECEMBER 31, 2022.

    Expenses $54,130,690 · Grants $21,096 · Revenue $59,385,512

As filed on the 2023 return.

Listed in Part VII

  • Hiram Cornett

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Jeff Hamlin

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Karen Hubbs

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Melvin Scarberry

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Amy Russell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Angie Singley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Damon Huff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Deno Gray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James Ed Garrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Loretta Loretta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Roger West

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chad Stevens

    CFO

    Total calculated
    $300,109
    From this org
    $282,141
    From related orgs
    $0
    Other
    $17,968
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,682
    Bonus
    $47,459
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,968
    Filer's total
    $300,109

  • Jeffrey Campbell

    COO

    Total calculated
    $294,800
    From this org
    $277,005
    From related orgs
    $0
    Other
    $17,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,268
    Bonus
    $46,737
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,795
    Filer's total
    $294,800

  • Kelly Evans

    CMO/PHYSICIAN-INTERNIST

    Total calculated
    $377,810
    From this org
    $343,603
    From related orgs
    $0
    Other
    $34,207
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $283,698
    Bonus
    $59,905
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $34,207
    Filer's total
    $377,810

  • Michael Stanley

    CEO

    Total calculated
    $391,314
    From this org
    $372,668
    From related orgs
    $0
    Other
    $18,646
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $308,935
    Bonus
    $63,733
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,646
    Filer's total
    $391,314

  • Kelvin Dale Perry

    PHYSICIAN / FAMILY PHYSICIAN

    Total calculated
    $500,444
    From this org
    $464,820
    From related orgs
    $0
    Other
    $35,624
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $331,438
    Bonus
    $133,382
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $35,624
    Filer's total
    $500,444

  • Misty Danielle Thompson

    PHYSICIAN / OB-GYN

    Total calculated
    $510,855
    From this org
    $475,231
    From related orgs
    $0
    Other
    $35,624
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $360,044
    Bonus
    $115,187
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $35,624
    Filer's total
    $510,855

  • Rachel Bevins

    PHYSICIAN / OB-GYN

    Total calculated
    $440,558
    From this org
    $420,763
    From related orgs
    $0
    Other
    $19,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,359
    Bonus
    $84,404
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $19,795
    Filer's total
    $440,558

  • Samuel Kreis

    PHYSICIAN / FAMILY PHYSICIAN

    Total calculated
    $409,038
    From this org
    $392,042
    From related orgs
    $0
    Other
    $16,996
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,530
    Bonus
    $143,512
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,996
    Filer's total
    $409,038

  • Travis Gilbert

    PHYSICIAN / OB-GYN

    Total calculated
    $579,545
    From this org
    $543,921
    From related orgs
    $0
    Other
    $35,624
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $380,538
    Bonus
    $163,383
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $35,624
    Filer's total
    $579,545

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

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a CHARTER TRAVEL PROVIDED
CHARTER TRAVEL WAS PROVIDED FOR CONTINUING EDUCATION WITH PRE-APPROVED AMOUNTS INCLUDED IN EMPLOYEE CONTRACTS OR IN BUDGETED EMPLOYEE JOB DESCRIPTIONS.
Schedule J, Part I, Line 3 DETERMINATION OF COMPENSATION
THE ORGANIZATION USES THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE AND THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS (NACHC) HEALTH CENTER SALARY AND BENEFITS REPORT TO ESTABLISH THE CEO AND OFFICERS' COMPENSATION.

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
23 September 2024
IRS schema version
2023v5.1
Source object
202422679349301207

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