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Nonprofiteer
← LEXMED INC

Form 990 for tax year 2022

Filed by LEXMED INC.

Totals

Total revenue
$35,235,407
Total expenses
$38,107,220
Contributions and grants received
$1,532,000
Grants paid
$0
Program service revenue
$33,877,952
Investment income
-$174,545
Other revenue
$0
Total assets, end of year
$19,667,617
Total liabilities, end of year
$16,714,000
Net assets or fund balances, end of year
$2,953,617
Program services expenses (Part IX)
$18,292,954
Management and general expenses
$19,814,266
Fundraising expenses
$0
Program service expenses (Part III)
$18,292,954

Program services were 48.0% 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)

    $1,532,000

  • 2a · Program service revenue: PATIENT CARE REVENUE

    total $33,531,848 · related or exempt $33,531,848

  • 2b · Program service revenue: OTHER CARE REVENUE

    total $319,578 · related or exempt $319,578

  • 2c · Program service revenue: OTHER DEPARTMENTAL REVENUE

    total $26,526 · related or exempt $26,526

  • 3 · Investment income

    total $338 · related or exempt $338

  • 7a · Gross sales of assets other than inventory

    other assets $80,000

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

    other assets $254,883

  • 7c · Gain or loss

    other assets -$174,883

  • 7d · Net gain or loss

    total -$174,883 · related or exempt -$174,883

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $21,619,921 · program services $16,300,450 · management and general $5,319,471

  • 9 · Other employee benefits

    total $6,135,806 · management and general $6,135,806

  • 11g · Fees: other

    total $236,809 · program services $19,395 · management and general $217,414

  • 16 · Occupancy

    total $110,347 · program services $59,798 · management and general $50,549

  • 20 · Interest

    total $1,976 · management and general $1,976

  • 22 · Depreciation, depletion and amortization

    total $1,559,299 · management and general $1,559,299

  • 23 · Insurance

    total $35,962 · management and general $35,962

  • 24a · Other expenses: OTHER EXPENSES

    total $3,267,522 · program services $720,429 · management and general $2,547,093

  • 24b · Other expenses: SUPPLIES

    total $3,259,053 · program services $535,465 · management and general $2,723,588

  • 24c · Other expenses: UTILITIES

    total $748,573 · management and general $748,573

  • 24d · Other expenses: DRUGS

    total $628,492 · program services $601,219 · management and general $27,273

  • 24e · All other expenses

    total $503,460 · program services $56,198 · management and general $447,262

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,608 · end of year $1,625

  • 2 · Savings and temporary cash investments

    beginning of year $249,301 · end of year $165,476

  • 4 · Accounts receivable

    beginning of year $2,955,832 · end of year $3,636,224

  • 8 · Inventories for sale or use

    beginning of year $252,269 · end of year $185,808

  • 9 · Prepaid expenses and deferred charges

    beginning of year $86,189 · end of year $39,066

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

    $41,695,429

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

    $26,056,011

  • 10c · Land, buildings and equipment, net

    beginning of year $16,259,757 · end of year $15,639,418

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,092,981 · end of year $2,770,620

  • 25 · Other liabilities

    beginning of year $10,886,545 · end of year $13,943,380

  • 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 $5,825,430 · end of year $2,953,617

Mission and programs · 2022

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 $18,292,954 · Revenue $33,703,407

As filed on the 2022 return.

Listed in Part VII

  • Larry Stroud

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.3

  • Dr Richard Murray

    BOARD MEMBER

    Total calculated
    $375,770
    From this org
    $0
    From related orgs
    $317,634
    Other
    $58,136
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $295,314 related
    Bonus
    $0 + $21,000 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $32,080 related
    Nontaxable benefits
    $0 + $26,056 related
    Filer's total
    $0 + $375,770 related

  • Mickey Layden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3

  • Randy Senn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3

  • Frank Shumpert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.3

  • Tod A Augsburger

    PRESIDENT AND CEO

    Total calculated
    $2,436,652
    From this org
    $0
    From related orgs
    $1,869,206
    Other
    $567,446
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,242,382 related
    Bonus
    $0 + $574,636 related
    Other
    $0 + $52,188 related
    Deferred
    $0 + $538,265 related
    Nontaxable benefits
    $0 + $29,181 related
    Filer's total
    $0 + $2,436,652 related

  • Jeffrey Brillhart

    SR VICE PRESIDENT/CFO

    Total calculated
    $897,811
    From this org
    $0
    From related orgs
    $737,806
    Other
    $160,005
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $557,295 related
    Bonus
    $0 + $168,190 related
    Other
    $0 + $12,321 related
    Deferred
    $0 + $160,005 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $897,811 related

  • Kathryn Diane Gill

    EXECUTIVE

    Total calculated
    $404,884
    From this org
    $0
    From related orgs
    $329,797
    Other
    $75,087
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $254,747 related
    Bonus
    $0 + $69,928 related
    Other
    $0 + $5,122 related
    Deferred
    $0 + $48,516 related
    Nontaxable benefits
    $0 + $26,571 related
    Filer's total
    $0 + $404,884 related

  • Jeffrey Scott Wilson

    GENERAL COUNSEL SENIOR VIC

    Total calculated
    $853,838
    From this org
    $0
    From related orgs
    $604,555
    Other
    $249,283
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $436,155 related
    Bonus
    $0 + $136,323 related
    Other
    $0 + $32,077 related
    Deferred
    $0 + $220,654 related
    Nontaxable benefits
    $0 + $28,629 related
    Filer's total
    $0 + $853,838 related

  • Dr Scott B Boyd

    PHYSICAN

    Total calculated
    $1,530,003
    From this org
    $0
    From related orgs
    $1,451,534
    Other
    $78,469
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,252,441 related
    Bonus
    $0 + $197,773 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $50,051 related
    Nontaxable benefits
    $0 + $28,418 related
    Filer's total
    $0 + $1,530,003 related

  • Dr Quillin Gourley Davis

    PHYSICAN

    Total calculated
    $1,690,179
    From this org
    $0
    From related orgs
    $1,640,128
    Other
    $50,051
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,611,808 related
    Bonus
    $0 + $27,000 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $50,051 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,690,179 related

  • Dr Joshua D Lawson

    PHYSICAN

    Total calculated
    $1,701,430
    From this org
    $0
    From related orgs
    $1,622,956
    Other
    $78,474
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,594,557 related
    Bonus
    $0 + $27,079 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $50,051 related
    Nontaxable benefits
    $0 + $28,423 related
    Filer's total
    $0 + $1,701,430 related

  • Dr David K Lee

    PHYSICAN

    Total calculated
    $1,698,462
    From this org
    $0
    From related orgs
    $1,620,031
    Other
    $78,431
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,544,211 related
    Bonus
    $0 + $74,500 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $50,051 related
    Nontaxable benefits
    $0 + $28,380 related
    Filer's total
    $0 + $1,698,462 related

  • Dr Charles P Toussaint

    PHYSICAN

    Total calculated
    $1,849,618
    From this org
    $0
    From related orgs
    $1,771,072
    Other
    $78,546
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,724,679 related
    Bonus
    $0 + $45,073 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $50,051 related
    Nontaxable benefits
    $0 + $28,495 related
    Filer's total
    $0 + $1,849,618 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
2022
Filed
6 February 2024
IRS schema version
2022v5.0
Source object
202410459349300536

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

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