Civic Intelligence

Bethesda Healthcare Inc

EIN 31-1027660 • 501(c)3 • Cincinnati, OH

Profile

Outpatient services to the greater cincinnati community and surrounding suburbs.

625 Eden Park Drive 7th FloorCincinnati, OH 45202

www.trihealth.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.39x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

1.01x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

28th percentile

-2.2%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$2,292,310

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

36th percentile

1.7%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

1.5%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$18,696,588

Up $197,795 (+1.1%) from 2021

Liabilities

Down

$25,926,985

Down $1,698,725 (-6.1%) from 2021

Net Assets

Up

-$7,230,397

Up $1,896,520 (+21%) from 2021

Revenue

Up

$25,687,677

Up $1,450,474 (+6.0%) from 2021

Expenses

Down

$26,261,393

Down $817,610 (-3.0%) from 2021

Net Income

Up

-$573,716

Up $2,268,084 (+80%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0-$10MAssets 2010: $13,713,717Liabilities 2010: $17,840,118Net Assets 2010: -$4,126,4012010Assets 2011: $14,800,348Liabilities 2011: $18,358,780Net Assets 2011: -$3,558,4322011Assets 2012: $14,197,022Liabilities 2012: $17,482,897Net Assets 2012: -$3,285,8752012Assets 2013: $14,065,687Liabilities 2013: $17,213,965Net Assets 2013: -$3,148,2782013Assets 2014: $14,155,439Liabilities 2014: $16,873,821Net Assets 2014: -$2,718,3822014Assets 2016: $17,498,049Liabilities 2016: $20,257,633Net Assets 2016: -$2,759,5842016Assets 2017: $18,591,885Liabilities 2017: $21,395,700Net Assets 2017: -$2,803,8152017Assets 2018: $16,707,582Liabilities 2018: $20,729,024Net Assets 2018: -$4,021,4422018Assets 2019: $17,133,516Liabilities 2019: $21,263,922Net Assets 2019: -$4,130,4062019Assets 2020: $20,268,358Liabilities 2020: $26,553,475Net Assets 2020: -$6,285,1172020Assets 2021: $18,498,793Liabilities 2021: $27,625,710Net Assets 2021: -$9,126,9172021Assets 2024: $18,696,588Liabilities 2024: $25,926,985Net Assets 2024: -$7,230,3972024

Highlighted filing

2024

Assets$18,696,588
Liabilities$25,926,985
Net Assets-$7,230,397

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $23,218,1672010Expenses 2011: $23,574,5922011Expenses 2012: $23,841,5452012Expenses 2013: $24,342,2722013Revenue 2014: $24,915,025Expenses 2014: $24,485,129Net Income 2014: $429,8962014Revenue 2016: $25,569,223Expenses 2016: $25,962,184Net Income 2016: -$392,9612016Revenue 2017: $26,058,069Expenses 2017: $26,102,300Net Income 2017: -$44,2312017Revenue 2018: $25,942,974Expenses 2018: $27,160,601Net Income 2018: -$1,217,6272018Revenue 2019: $26,093,409Expenses 2019: $26,202,373Net Income 2019: -$108,9642019Revenue 2020: $23,469,208Expenses 2020: $25,623,919Net Income 2020: -$2,154,7112020Revenue 2021: $24,237,203Expenses 2021: $27,079,003Net Income 2021: -$2,841,8002021Revenue 2024: $25,687,677Expenses 2024: $26,261,393Net Income 2024: -$573,7162024

Highlighted filing

2024

Revenue$25,687,677
Expenses$26,261,393
Net Income-$573,716

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$25.9$7.23$25.7$26.3$0.57
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$27.6$9.13$24.2$27.1$2.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.3$26.6$6.29$23.5$25.6$2.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.1$21.3$4.13$26.1$26.2$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$20.7$4.02$25.9$27.2$1.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$21.4$2.80$26.1$26.1$0.04
2016Detailed filing. Detailed filing data is available for this year.$17.5$20.3$2.76$25.6$26.0$0.39
2014Detailed filing. Detailed filing data is available for this year.$14.2$16.9$2.72$24.9$24.5$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$17.2$3.15$24.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$17.5$3.29$23.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$18.4$3.56$23.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$17.8$4.13$23.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$25,772,416
Mission and Program Overview

Mission

Outpatient services to the greater cincinnati community and surrounding suburbs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,210,966$11,316,241▲ $105,275
Accounts Receivable$5,538,586$5,961,397▲ $422,811
Prepaid Expenses and Deferred Charges$196,174$0▼ $196,174
Cash and Non-Interest-Bearing Accounts$3,690$3,691▲ $1
Total Assets$18,390,006$18,696,588▲ $306,582
Other Assets Total$1,440,590$1,415,259▼ $25,331
Liabilities
Other Liabilities$21,376,828$22,557,276▲ $1,180,448
Mortgage Notes Payable Secured by Investment Property$1,863,986$1,778,750▼ $85,236
Accounts Payable and Accrued Expenses$1,758,800$1,555,740▼ $203,060
Deferred Revenue$60,333$35,219▼ $25,114
Total Liabilities$25,059,947$25,926,985▲ $867,038
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-6,669,941$-7,230,397▼ $560,456
Total Net Assets Fund Balance$-6,669,941$-7,230,397▼ $560,456
Total Liabilities and Net Assets / Fund Balance$18,390,006$18,696,588▲ $306,582

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,213,551$10,578,084$15,791,635
Equipment$1,051,602$6,828,343$7,879,945
Land$4,862,263-$4,862,263
Leasehold Improvements$188,825$515,876$704,701
Other Assets Org$1,415,259--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter Wong MdPhysicianFT$282,352$43,945$326,297
Jeffrey HuthMedical DirectorFT$207,428$90,444$297,872
Eric Cohen MdAssociate Medical DirectorFT$226,634$59,639$286,273
Timothy Henke MdPhysicianFT$227,439$54,227$281,666
Chuc Le MdFacility Medical DirectorFT$190,320$89,390$279,710

Board Members and Trustees

NameTitle
Mark ClementChairperson
John WardPresident
John JacobsSenior Director
Terri Hanlon-bremerFormer Key Employee
Steve GraceySecretary
Steve MombachSVP-ambulatory Svcs
Andrew DevoeTreasurer (end 2/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Virgin PulseWeb Design75 FOUNTAIN STREET, Providence, RI 02902$394,802
Medtox Laboratories INCFull Service LaboratoryPO BOX 1450, Minneapolis, MN 55485$260,768
Trihealth INCFull Service Laboratory625 EDEN PARK DRIVE, Cincinnati, OH 45202$222,156
Cincinnati Sports ClubFitness Support3950 RED BANK ROAD, Cincinnati, OH 45227$186,903
Scioto ServicesJanitorial3478 HAUCK ROAD STE D, Cincinnati, OH 45241$184,921
Revenue and Support

Revenue Composition

Contributions and Grants
$410,252
Program Service Revenue
$21,708,672
Investment Income
$0
Other Revenue
$3,568,753
All Other Contributions
$6,034
Change in Net Assets
$-573,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$17,663,649
Other Expenses$8,597,744
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,733,636$2,356,557-$14,090,193
Fees for Services Other$2,834,237$111,243-$2,945,480
Other Employee Benefits$1,660,493$248,403-$1,908,896
Occupancy$1,474,880$280,580-$1,755,460
Payroll Taxes$833,358$182,664-$1,016,022
Depreciation Depletion$660,199$52,682-$712,881
Pension Plan Contributions$328,240$320,298-$648,538
Information Technology$245,255$196,950-$442,205
Office Expenses$333,845$10,768-$344,613
Other Expenses$162,912$4,378-$167,290
All Other Expenses$91,773$13,535-$105,308
Travel$48,101$6,795-$54,896
Advertising$26,385--$26,385
Conferences and Meetings$15,534$9,712-$25,246
Total Functional Expenses$21,912,418$4,348,975$0$26,261,393
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Organization$22,557,276
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Bethesda healthcare, inc. Has a single corporate member, bethesda, inc.

Form 990, Part VI, Section A, Line 7A

Bethesda healthcare, inc. Has a single corporate member, bethesda, inc. Who has the ability to elect members to the governing body of bethesda healthcare, inc.

Form 990, Part VI, Section A, Line 7B

Bethesda, inc. Must approve amendments to bethesda healthcare, inc.'s governing documents, dissolution or consolidation of bethesda healthcare, inc. And any transaction involving substantially all of bethesda healthcare's property.

Form 990, Part VI, Section B, Line 11B

Members of the board are provided an electronic copy of this form 990 prior to filing. However, for the protection of donor privacy, schedule b - schedule of contributors was removed from the copy provided to the board. Subsequent to presentation to the board, the organization files the return making any non-substantive changes necessary to effect e-filing. Any such non-substantive changes are not submitted to the board.

Form 990, Part VI, Section B, Line 12C

All board members are required to annually disclose certain financial interests and fiduciary relationships. The executive committee and corporate counsel review responses, conduct further investigation (if necessary), and determine when a conflict exists with respect to a certain transaction. If a conflict exists, the transaction is not to be entered into unless alternatives are fully investigated, and in their absence, the board, without the participation of the interested member(s), determines that the transaction is in the best interest of the organization. Plans to manage the conflict during the relationship are implemented. All discussions are appropriately documented. All directors and managers, which include officers and key employees, are required to annually disclose any circumstances, including family and business relationships, that may create a conflict of interest for the organization. These responses are reviewed and acted upon by a conflict of interest committee.

Form 990, Part VI, Section C, Line 19

Bethesda healthcare, inc.'s governing documents, conflicts of interest policy and financial statements are available upon request.

FORM 990, PART VII, SECTION A - AVERAGE HOURS PER WEEK:

The officers and directors for bethesda healthcare, inc. That show at least 60 hours per week provide services to trihealth, inc. (a related organization who paid the individuals) and its subsidiaries/affiliates ("trihealth") as an entire system. Hours worked, including their duties as officers and directors of the filing organization, are not tracked on an entity by entity basis, thus the average hours per week disclosed are estimates to show that the time spent by these individuals relate to them fulfilling their duties as full-time, 60 hours-per-week employees of trihealth versus their duties as officers and directors of the filing organization. In addition, the compensation reported on form 990, part vii was paid to these individuals in fulfillment of their duties as employees of trihealth.

Filing and Contact Details

Filer

Filer Name
Bethesda Healthcare Inc
EIN
31-1027660
Phone
5135696575
Address
625 EDEN PARK DRIVE 7TH FLOOR, CINCINNATI, OH 45202

Signing Officer

Name
Michael Crofton
Title
VP Finance
Phone
5135696577
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Clement
Formed
1981
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
0
Employees
305
Volunteers
0

Preparer

Firm
Deloitte Tax Llp
Address
111 MONUMENT CIRCLE SUITE 4200, INDIANAPOLIS, IN 46204-5108
Preparer
Shawna M Jansons
Phone
3174648600
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Bethesda healthcare, inc. Provides outpatient services to the greater cincinnati community and surrounding suburbs. Health related programs and services are provided to clients regardless of race, creed, sex, national origin, disability, age or the ability to pay. Examples of programs supported by bethesda healthcare, inc. Are: occupational therapy, employee assistance to corporate employers, physical therapy, nutrition and weight management, counseling, mental health services, management of fitness centers at employer sites and a fitness pavilion.

Form 990, Part IX, Line 11G

Laboratory services: program service expenses 680,193. Management and general expenses 0. Fundraising expenses 0. Total expenses 680,193. Radiology services: program service expenses 99,846. Management and general expenses 0. Fundraising expenses 0. Total expenses 99,846. Laundry services: program service expenses 28,317. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,317. Claims management: program service expenses 598,897. Management and general expenses 0. Fundraising expenses 0. Total expenses 598,897. Sales staff support: program service expenses 165,555. Management and general expenses 111,243. Fundraising expenses 0. Total expenses 276,798. Staffing: program service expenses 111,301. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,301. Miscellaneous: program service expenses 1,150,128. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,150,128.

Form 990, Part XII, Line 2C

The financial statements of bethesda healthcare, inc. Are audited as part of trihealth, inc. And its subsidiaries and affiliates ("trihealth"). Trihealth has a committee that assumes the responsibility for oversight of the audit of both its and its subsidiaries and affiliates financial statements as well as the selection of the independent auditor. Also, the financial statements of bethesda healthcare, inc. Are audited with its parent, bethesda, inc. Bethesda, inc. Has a committee that assumes the responsibility for oversight of the audit of both its and its subsidiaries financial statements as well as the selection of the independent auditor. During the tax year, there was not a change in the process of audit oversight and/or selection of an independent auditor by either trihealth or bethesda, inc.

Financial Statement Notes

PART X, LINE 2:

The financial statements of bethesda healthcare, inc. Are audited as part of trihealth, inc. And its subsidiaries and affiliates ("trihealth"). Following is the text to the footnote to the audited combined financial statements of trihealth that reports its and its subsidiaries' liability, if appplicable, for certain tax positions under asc 740-10-25: trihealth completed an analysis of uncertain tax positions and determined that no amounts were required to be recognized in the combined financial statements at june 30, 2024 or 2023. In addition, the financial statements of bethesda healthcare, inc. Are audited with its parent, bethesda, inc. Following is the text of the footnote to the audited consolidated financial statements of bethesda, inc. ("company") that reports its and its subsidiaries' liability, if applicable, for uncertain tax positions under asc 740-10-25: the company completed an analysis of uncertain tax positions and determined that no amounts were required to be recognized on the consolidated financial statements at june 30, 2024 or 2023.

Raw XML AppendixShowing 400 of 1,133 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Desc0BETHESDA HEALTHCARE, INC. FULFILLS TRIHEALTH'S MISSION TO IMPROVE THE HEALTH STATUS OF THE PEOPLE WE SERVE BY EXTENDING HEALTHCARE AND RELATED DISEASE PREVENTION SERVICES INTO THE COMMUNITY AT DIVERSE LOCATIONS INCLUDING FREE STANDING FACILITIES AND EMPLOYER SITES. WE PROVIDE EMPLOYERS WITH EMPLOYEE ASSISTANCE COUNSELING, ON SITE OCCUPATIONAL HEALTH NURSING, AND ON SITE FITNESS PROGRAMS. WE OPERATE FITNESS CENTERS THAT INCLUDE STRATEGIC WELLNESS PROGRAMS AND OCCUPATIONAL MEDICINE CENTERS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1180108
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IRS990/Form990PartVIISectionAGrp/PersonNm11TERRI HANLON-BREMER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt6FACILITY MEDICAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PHYSICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEDICAL DIRECTOR
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
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