Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $712,016

• 1f · All other contributions, gifts and grants

  $309,845

• 2a · Program service revenue: PATIENT REVENUE

  total $68,225,709 · related or exempt $68,225,709

• 2b · Program service revenue: PROFESSIONAL FEES

  total $988,228 · related or exempt $988,228

• 3 · Investment income

  total $378,376 · excluded $378,376

• 6a · Gross rents

  real property $399,141

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $399,141

• 6d · Net rental income or loss

  total $399,141 · excluded $399,141

• 7a · Gross sales of assets other than inventory

  securities $539,310

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

  securities $519,002 · other assets $10,413

• 7c · Gain or loss

  securities $20,308 · other assets -$10,413

• 7d · Net gain or loss

  total $9,895 · excluded $9,895

• 11a · Other revenue: OTHER INCOME

  total $691,871 · related or exempt $691,871

• 11b · Other revenue: PARTNERSHIP INCOME

  total $26,267 · unrelated business $26,267

• 11e · Other revenue, total

  $718,138

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,500 · program services $1,500

• 5 · Compensation of officers, directors and key employees

  total $1,267,731 · program services $257,649 · management and general $1,010,082

• 7 · Other salaries and wages

  total $36,015,436 · program services $28,102,874 · management and general $7,912,562

• 9 · Other employee benefits

  total $6,567,929 · program services $4,996,086 · management and general $1,571,843

• 10 · Payroll taxes

  total $2,477,011 · program services $1,884,210 · management and general $592,801

• 12 · Advertising and promotion

  total $128,141 · program services $18,203 · management and general $109,938

• 13 · Office expenses

  total $2,840,377 · program services $1,928,655 · management and general $911,722

• 16 · Occupancy

  total $1,090,198 · program services $260,968 · management and general $829,230

• 17 · Travel

  total $80,409 · program services $40,226 · management and general $40,183

• 20 · Interest

  total $215,000 · program services $215,000

• 22 · Depreciation, depletion and amortization

  total $3,998,732 · program services $3,998,732

• 23 · Insurance

  total $1,110,723 · program services $1,092,408 · management and general $18,315

• 24a · Other expenses: COST OF GOODS SOLD

  total $5,103,563 · program services $5,103,563

• 24b · Other expenses: EQUIPMENT RENTAL & MAIN

  total $2,885,619 · program services $877,127 · management and general $2,008,492

• 24c · Other expenses: CONTRACT SERVICES

  total $2,863,450 · program services $1,870,911 · management and general $992,539

• 24d · Other expenses: BAD DEBT

  total $1,065,737 · program services $1,065,737

• 24e · All other expenses

  total $1,829,569 · program services $981,519 · management and general $848,050

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $408,202 · end of year $5,736,122

• 4 · Accounts receivable

  beginning of year $10,770,214 · end of year $10,548,756

• 8 · Inventories for sale or use

  beginning of year $905,013 · end of year $981,844

• 9 · Prepaid expenses and deferred charges

  beginning of year $990,222 · end of year $1,137,930

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

  $84,623,726

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

  $55,083,822

• 10c · Land, buildings and equipment, net

  beginning of year $32,814,559 · end of year $29,539,904

• 12 · Investments: other securities

  beginning of year $43,119,480 · end of year $46,511,854

• 15 · Other assets

  beginning of year $1,972,445 · end of year $2,209,511

• 17 · Accounts payable and accrued expenses

  beginning of year $6,563,844 · end of year $6,476,849

• 20 · Tax-exempt bond liabilities

  beginning of year $980,000 · end of year $500,000

• 25 · Other liabilities

  beginning of year $6,674,248 · end of year $8,088,820

• 27 · Net assets without donor restrictions

  beginning of year $76,662,257 · end of year $81,540,132

• 28 · Net assets with donor restrictions

  beginning of year $99,786 · end of year $60,120

The filer's explanations (Part III)

PART I, LINE 4A

PAYMENTS TO STEVE HOPE AND MARK ADAMS, CONTINGENT UPON THEIR RETIREMENTS, HAVE BEEN APPROPRIATELY REPORTED IN W-2 WAGES.

PART I, LINE 5

PHILLIP BLOUNT PHYSICIAN - PHYSICIAN EMPLOYMENT AGREEMENT PRODUCTIVITY BONUS

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• PAIN MANAGEMENT CENTER LLC

  COMPREHENSIVE PAIN MANAGEMENT SERVICES · MS

  Directly controlled by MISSISSIPPI METHODIST HOSPITAL AND REHABILITATION

Related corporations and trusts

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

• SELECT PHYSICIAN MANAGEMENT SERVICES INC

  C · DORMANT PHYSICIAN PRACTICE MANAGEMENT SERVICES · MS · 100% owned · controlled entity

  Directly controlled by MISSISSIPPI METHODIST HOSPITAL AND REHABILITATION