Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $220,632

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $348,175,122 · related or exempt $348,175,122

• 2b · Program service revenue: REFERENCE LAB

  total $485,122 · unrelated business $485,122

• 3 · Investment income

  total $27,893,043 · excluded $27,893,043

• 7a · Gross sales of assets other than inventory

  securities $68,213,231 · other assets $20,152

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

  securities $59,379,202 · other assets $178,706

• 7c · Gain or loss

  securities $8,834,029 · other assets -$158,554

• 7d · Net gain or loss

  total $8,675,475 · excluded $8,675,475

• 11a · Other revenue: SHARED SERVICE REVENUE

  total $107,781,358 · related or exempt $107,781,358

• 11b · Other revenue: PROPERTY MANAGEMENT FEE

  total $2,774,633 · related or exempt $2,774,633

• 11c · Other revenue: MISCELLANEOUS

  total $2,119,619 · related or exempt $2,119,619

• 11d · All other revenue

  total $3,521,560 · related or exempt $1,312,259 · unrelated business $577,686 · excluded $1,631,615

• 11e · Other revenue, total

  $116,197,170

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,397,500 · program services $1,397,500

• 5 · Compensation of officers, directors and key employees

  total $10,257,917 · management and general $10,257,917

• 7 · Other salaries and wages

  total $156,912,417 · program services $115,680,411 · management and general $41,232,006

• 8 · Pension plan contributions

  total $5,198,493 · program services $4,002,276 · management and general $1,196,217

• 9 · Other employee benefits

  total $46,154,023 · program services $45,287,795 · management and general $866,228

• 10 · Payroll taxes

  total $11,502,480 · program services $8,891,076 · management and general $2,611,404

• 11a · Fees: management

  total $1,185,432 · management and general $1,185,432

• 11b · Fees: legal

  total $1,065,609 · management and general $1,065,609

• 11c · Fees: accounting

  total $341,385 · management and general $341,385

• 11f · Fees: investment management

  total $690,290 · management and general $690,290

• 11g · Fees: other

  total $56,209,149 · program services $31,326,219 · management and general $24,882,930

• 12 · Advertising and promotion

  total $2,297,718 · program services $1,571,412 · management and general $726,306

• 13 · Office expenses

  total $48,428,593 · program services $45,776,901 · management and general $2,651,692

• 16 · Occupancy

  total $10,745,685 · program services $8,979,094 · management and general $1,766,591

• 17 · Travel

  total $189,545 · program services $82,281 · management and general $107,264

• 19 · Conferences, conventions and meetings

  total $1,175,086 · program services $327,993 · management and general $847,093

• 22 · Depreciation, depletion and amortization

  total $31,263,269 · program services $19,067,017 · management and general $12,196,252

• 23 · Insurance

  total -$4,177,164 · management and general -$4,177,164

• 24a · Other expenses: REPAIRS AND MAINTENANCE

  total $24,378,055 · program services $2,848,117 · management and general $21,529,938

• 24b · Other expenses: MEDICAL SUPPLIES

  total $15,684,803 · program services $15,684,803

• 24c · Other expenses: LICENSES

  total $5,754,998 · program services $4,915,238 · management and general $839,760

• 24d · Other expenses: MISCELLANEOUS

  total $3,186,152 · program services $762,370 · management and general $2,423,782

• 24e · All other expenses

  total $1,109,588 · program services $24,918 · management and general $1,084,670

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $108,760,251 · end of year $81,925,385

• 2 · Savings and temporary cash investments

  beginning of year $155,475,067 · end of year $208,519,915

• 4 · Accounts receivable

  beginning of year $57,123,317 · end of year $50,249,763

• 7 · Other notes and loans receivable

  beginning of year $3,216,714 · end of year $3,606,226

• 8 · Inventories for sale or use

  beginning of year $7,386,548 · end of year $7,470,524

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,555,712 · end of year $13,820,684

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

  $537,245,263

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

  $298,259,062

• 10c · Land, buildings and equipment, net

  beginning of year $228,775,126 · end of year $238,986,201

• 11 · Investments: publicly traded securities

  beginning of year $403,344,161 · end of year $452,895,126

• 12 · Investments: other securities

  beginning of year $4,288,788 · end of year $2,921,258

• 15 · Other assets

  beginning of year $66,452,857 · end of year $62,748,512

• 17 · Accounts payable and accrued expenses

  beginning of year $73,507,699 · end of year $76,180,253

• 20 · Tax-exempt bond liabilities

  beginning of year $190,310,800 · end of year $182,305,119

• 23 · Secured mortgages and notes payable

  beginning of year $47,558,954 · end of year $42,543,820

• 25 · Other liabilities

  beginning of year $7,094,346 · end of year $3,568,345

• 27 · Net assets without donor restrictions

  beginning of year $702,511,727 · end of year $792,284,206

• 28 · Net assets with donor restrictions

  beginning of year $24,395,015 · end of year $26,261,851

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4

LOY HOWARD 0 167,534 0 CLINT HOFFMAN 0 41,667 0 ERIC DALTON 0 41,667 0 BRIAN DILL 0 33,333 0

SCHEDULE J, PART III

RETIREMENT PLAN: LOY HOWARD, CEO PARTICIPATES IN AN INELIGIBLE UNFUNDED 457(F) PLAN PROVIDED TO SENIOR EXECUTIVES AS SET BY HIS EMPLOYMENT CONTRACT. THE PLAN BENEFITS ARE SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE AND ARE CONDITIONED UPON THE FUTURE PERFORMANCE OF SERVICES. MR. HOWARD IS ALSO ELIGIBLE FOR THE TANNER ADVANTAGE DEFERRED COMPENSATION PLAN WHICH IS AN ELIGIBLE 457(B) TOP-HAT PLAN AVAILABLE TO SENIOR EXECUTIVES AND PHYSICIANS. A CONTRIBUTION EQUAL TO THE IRS MAXIMUM CONTRIBUTION LIMIT FOR THE YEAR IS MADE ON MR. HOWARD'S BEHALF EACH YEAR. BONUS/INCENTIVE: THE EXECUTIVE TEAM OF THE ORGANIZATION IS ELIGIBLE TO RECEIVE INCENTIVE COMPENSATION IN SUCH AMOUNT, IF ANY, AS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD IN ITS SOLE DISCRETION, BASED ON, AMONG OTHER THINGS, THE ATTAINMENT OF ANNUAL OBJECTIVES ESTABLISHED BY THE BOARD. VARIOUS EMPLOYEES ARE ELIGIBLE TO RECEIVE BONUSES AND ARE ACHIEVEMENT BASED. ANNUAL INCENTIVES INTENDED TO SUPPLEMENT RETIREMENT BUT PAID ANNUALLY ARE CURRENTLY IN PLACE FOR CAROL CREWS, CFO, BENJAMIN CAMP, CMO, JIM GRIFFITH, COO AND CLINT HOFFMAN, SVP.TMG. THESE WERE APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE AND REVIEWED BY AN INDEPENDENT CONSULTANT.

Disregarded entities

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

• TMC CAMPUS HEALTH CENTER LLC

  CLINIC · GA

  Directly controlled by TMC

• TANNER BEHAVIORAL HEALTH MGMT CO LL

  HEALTHCARE · GA

  Directly controlled by TMC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• WEST GEORGIA SURGERY CENTER LLC

  RELATED · HEALTHCARE · GA · 60% owned · share of income -$3,156,496 · share of assets $4,490,164

  Directly controlled by TMC TANNER MEDICAL CENTER

Related corporations and trusts

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

• HEALTHLIANT ENTERPRISES INC

  HEALTHCARE · GA

• WEST GEORGIA ENDOSCOPY CTR LLC

  S CORP · ENDOSCOPY · GA · 51% owned · share of income $577,686 · share of assets $691,505 · controlled entity

• WEST GEORGIA AMBULANCE INC

  C CORP · AMBULANCE · GA · 100% owned · share of income $7,188,884 · share of assets $11,785,955 · controlled entity

  Directly controlled by TMC TANNER MEDICAL CENTER