Civic Intelligence

Health Systems Facilities Inc.

990 • Fiscal year 2017 • EIN 74-3083594

Jul 01, 2016 to Jun 30, 2017 • Filed on May 01, 2018

1005 Boulder DriveGray, GA 31032

(478) 621-2100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.52x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

12th percentile

0.07x

Higher debt load relative to revenue than 12% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

38th percentile

0.5%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

21st percentile

$196,521

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

3rd percentile

-17%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

-5.7%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Assets

Down

$12,818,671

Down $2,659,571 (-17%) from 2016

Net Assets

Down

$6,179,454

Down $2,613,188 (-30%) from 2016

Liabilities

Down

$6,639,217

Down $46,383 (-0.7%) from 2016

Revenue

Down

$96,897,541

Down $5,834,030 (-5.7%) from 2016

Expenses

Down

$96,410,726

Down $6,144,784 (-6.0%) from 2016

Net Income

Up

$486,815

Up $310,754 (+177%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0-$10MAssets 2010: $26,080,924Liabilities 2010: $9,062,033Net Assets 2010: $17,018,8912010Assets 2011: $18,889,038Liabilities 2011: $9,597,692Net Assets 2011: $9,291,3462011Assets 2012: $14,943,539Liabilities 2012: $10,167,816Net Assets 2012: $4,775,7232012Assets 2013: $23,132,761Liabilities 2013: $13,661,632Net Assets 2013: $9,471,1292013Assets 2014: $33,070,082Liabilities 2014: $24,848,272Net Assets 2014: $8,221,8102014Assets 2015: $14,840,444Liabilities 2015: $6,119,021Net Assets 2015: $8,721,4232015Assets 2016: $15,478,242Liabilities 2016: $6,685,600Net Assets 2016: $8,792,6422016Assets 2017: $12,818,671Liabilities 2017: $6,639,217Net Assets 2017: $6,179,4542017Assets 2018: $15,904,305Liabilities 2018: $9,275,984Net Assets 2018: $6,628,3212018Assets 2019: $15,376,118Liabilities 2019: $6,374,631Net Assets 2019: $9,001,4872019Assets 2020: $12,744,015Liabilities 2020: $10,261,164Net Assets 2020: $2,482,8512020Assets 2021: $11,137,362Liabilities 2021: $9,460,912Net Assets 2021: $1,676,4502021Assets 2022: $12,852,239Liabilities 2022: $7,768,691Net Assets 2022: $5,083,5482022Assets 2023: $28,466,231Liabilities 2023: $26,688,239Net Assets 2023: $1,777,9922023Assets 2024: $23,508,232Liabilities 2024: $24,023,352Net Assets 2024: -$515,1202024

Highlighted filing

2017

Assets$12,818,671
Liabilities$6,639,217
Net Assets$6,179,454

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $94,557,2922010Expenses 2011: $100,939,7312011Expenses 2012: $93,281,4212012Expenses 2013: $100,216,8222013Revenue 2014: $116,519,264Expenses 2014: $107,075,344Net Income 2014: $9,443,9202014Revenue 2015: $102,170,062Expenses 2015: $113,672,464Net Income 2015: -$11,502,4022015Revenue 2016: $102,731,571Expenses 2016: $102,555,510Net Income 2016: $176,0612016Revenue 2017: $96,897,541Expenses 2017: $96,410,726Net Income 2017: $486,8152017Revenue 2018: $99,511,571Expenses 2018: $100,474,504Net Income 2018: -$962,9332018Revenue 2019: $97,537,755Expenses 2019: $100,357,143Net Income 2019: -$2,819,3882019Revenue 2020: $99,953,897Expenses 2020: $103,005,033Net Income 2020: -$3,051,1362020Revenue 2021: $87,801,207Expenses 2021: $93,660,072Net Income 2021: -$5,858,8652021Revenue 2022: $96,083,096Expenses 2022: $98,910,359Net Income 2022: -$2,827,2632022Revenue 2023: $70,826,008Expenses 2023: $84,025,321Net Income 2023: -$13,199,3132023Revenue 2024: $53,597,219Expenses 2024: $55,890,331Net Income 2024: -$2,293,1122024

Highlighted filing

2017

Revenue$96,897,541
Expenses$96,410,726
Net Income$486,815
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 1, 2018
Return Version
2016v3.1
Gross Receipts
$96,897,541
Mission and Program Overview

Mission

The development, construction, acquisition, ownership, leasing, management, and operation of skilled health care facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$7,591,169$6,940,658▼ $650,511
Land, Buildings, and Equipment, Net$2,939,247$2,638,178▼ $301,069
Cash and Non-Interest-Bearing Accounts$4,146,381$2,403,433▼ $1,742,948
Investments in Publicly Traded Securities$120,524$229,576▲ $109,052
Prepaid Expenses and Deferred Charges$140,897$146,769▲ $5,872
Total Assets$15,478,242$12,818,671▼ $2,659,571
Other Assets Total$540,024$460,057▼ $79,967
Liabilities
Accounts Payable and Accrued Expenses$6,365,350$6,379,321▲ $13,971
Tax Exempt Bond Liabilities$320,250$259,896▼ $60,354
Total Liabilities$6,685,600$6,639,217▼ $46,383
Net Assets / Fund Balance
Unrestricted Net Assets$8,472,392$5,919,558▼ $2,552,834
Temporarily Rstr Net Assets$320,250$259,896▼ $60,354
Total Net Assets Fund Balance$8,792,642$6,179,454▼ $2,613,188
Total Liabilities and Net Assets / Fund Balance$15,478,242$12,818,671▼ $2,659,571

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,244,209$3,421,914$4,666,123
Equipment$1,143,658$1,031,195$2,174,853
Buildings$190,311$99,689$290,000
Land$60,000-$60,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kay GrayFormer Presi--$196,521$196,521
Angela HammackCorporate Se--$168,803$168,803
Virginia BilboRn-charge NuFT$106,437$12,014$118,451
Debra MimsRegional VPFT$87,352$28,451$115,803
Amy AshAdministratoFT$102,251$11,970$114,221
Marcy MatthewsAdministratoFT$100,685$8,568$109,253
Herbert M Ponder JrDirector--$24,000$24,000
James B PattonDirector--$24,000$24,000
Joseph a WallChairman--$24,000$24,000
Kathryn DennisDirector--$24,000$24,000
Paul a CableDirector--$24,000$24,000

Board Members and Trustees

NameTitle
Kay GrayFormer President
Teresa W MoodyPresident
Angela HammackCorporate Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Integra RehabilitationRehab Services1013 RIVERBURCH PKWY SUITE 2, Dalton, GA 30721$59,152,695
Hi BarnesvilleLeasePO BOX 1035, Sandersville, GA 31082$4,732,211
Atl Warr LLCLease595 ATLANTA STREET SUITE D, Roswell, GA 30075$1,987,173
Providence Hr LLCLease595 ATLANTA STREET SUITE D, Roswell, GA 30075$1,413,698
Statesboro Ventures LLCLease200 PLANTATION CHASE SUITE 1, St Simons Island, GA 31522$1,048,680
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$96,847,571
Investment Income
$49,970
Other Revenue
$0
Change in Net Assets
$486,815

Audited Revenue Reconciliation

Revenue per Audited Statements
$96,897,541
Total Revenue per Audited Statements
$96,897,541
Total Revenue per Form 990
$96,897,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$49,566,556
Other Expenses$46,844,170
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,045,924--$40,045,924
Occupancy$7,468,079--$7,468,079
Other Employee Benefits$5,673,696--$5,673,696
Fees for Services Management$5,609,671--$5,609,671
All Other Expenses$4,539,018--$4,539,018
Payroll Taxes$3,029,535--$3,029,535
Other Expenses$1,797,379--$1,797,379
Depreciation Depletion$957,310--$957,310
Pension Plan Contributions$719,423--$719,423
Insurance$588,143--$588,143
Fees for Services Legal$127,508--$127,508
Current Officers, Directors, Trustees, and Key Employees$97,978--$97,978
Fees for Services Accounting$87,980--$87,980
Interest$26,381--$26,381
Total Functional Expenses$96,410,726$0$0$96,410,726

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$96,410,726
Total Expenses per Audited Statements$96,410,726
Total Expenses per Form 990$96,410,726
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Health Care South IncSee BelowRental of Hc Fac.No$2,387,661
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
APulaski County - Hawkinsville2003-09-01$760,000ACQUISITION OF RE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has a sole member, community health systems, inc., a nonprofit georgia corporation.

Form 990, Page 6, Part VI, Line 7A

Under the organization's bylaws, while it is the sole member of the organization, community health systems, inc., as a type i section 509(a)(3) and section 501(c)(3) supporting organization, has the sole right to elect, replace and to remove the members of the organization's board of directors and shall ensure that at all times, a majority of the members of the organization's board of directors and shall ensure that at all times, a majority of the members of the organization's board of directors shall be composed of persons who are concurrently serving as members of the board of directors of community health systems, inc.

Form 990, Page 6, Part VI, Line 11B

This process involves the electronic posting of the draft form 990 with all its schedules for the organization's board of directors to review followed, after a sufficient review period, by a meeting of the board at which board members will have the opportunity to ask questions of management and the outside tax advisors involved in the preparation of the form 990.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces compliance with its conflicts of interest policy. Such compliance is effectuated through the organization's board of directors' review of annual conflict disclosure statements from the directors as well as receipt and review of conflict disclosure statements with respect to certain proposed transactions or arrangements the organization is considering prior to any board action with respect to such matters. The conflicts policy outlines the specific procedure to be followed to determine whether interested persons have actual conflicts of interest. If it is determined that a board member has an actual conflict of interest, then such board member is not allowed to participate in the board deliberations on the specific matter and is excused from, and is not allowed to participate in any board vote on the matter.

Form 990, Page 6, Part VI, Line 15A

The organization regularly and consistently complies with the compensation approval process which is part of its conflicts of interest policy. Every two to three years, on average, the organization participates in a comprehensive process conducted on its behalf by the compensation committee of the board of directors of community health systems, inc., its sole member and parent of the integrated health care delivery system in which the organization is a member. This process involves review of comparability data compiled by an independent third-party compensation consultant. Comparability data is gathered for the organization's senior management, and on occasion, key or highly compensated employees, and, based on the same, the consultant issues a written report reflecting the consultant's opinion concerning whether the proposed compensation arrangements constitute reasonable compensation under section 4958 of the code. This process is conducted by the compensation committee, which then makes recommendations to the board of directors. The board of directors is also provided with materials regarding the compensation review, including copies of the consultant's report. The board then votes as to the reasonableness of each of the individual compensation arrangements (if any disqualified or otherwise conflicted individuals are present at the meeting, they do not participate in the deliberations and are excused from the room during the vote). The process is designed and carried out by the board of directors in a manner designed to satisfy all three of the requirements necessary to establish the rebuttable presumption of reasonableness with respect to compensation arrangements for disqualified persons under section 53.4958-6 of the regulations. As part of this process, outside counsel is retained further to advise the board on the rebuttable presumption process and to provide the board with a legal opinion regarding the same. As a final step, each part of the process required to establish the rebuttable presumption is documented using the rebuttable presumption checklist released by the irs.

Form 990, Page 6, Part VI, Line 15B

The organization regularly and consistently complies with the compensation approval process which is part of its conflicts of interest policy. Every two to three years, on average, the organization participates in a comprehensive process conducted on its behalf by the compensation committee of the board of directors of community health systems, inc., its sole member and parent of the integrated health care delivery system in which the organization is a member. This process involves review of comparability data compiled by an indepedent third-party compensation consultant. Comparability data is gathered for the organization's senior management, and on occasion, key or highly compensated employees, and, based on the same, the consultant issues a written report reflecting the consultant's opinion concerning whether the proposed compensation arrangements constitute reasonable compensation under section 4958 of the code. This process is conducted by the compensation committee, which then makes recommendations to the board of directors. The board of directors is also provided with materials regarding the compensation review, including copies of the consultant's report. The board then votes as to the reasonableness of each of the individual compensation arrangements (if any disqualified or otherwise conflicted individuals are present at the meeting, they do not participate in the deliberations and are excused from the room during the vote). The process is designed and carried out by the board of directors in a manner designed to satisfy all three of the requirements necessary to establish the rebuttable presumption of reasonableness with respect to compensation arrangements for disqualified persons under section 53.4958-6 of the regulations. As part of this process, outside counsel is retained to further advise the board on the rebuttable presumption process and to provide the board with a legal opinion regarding the same. As a final step, each part of the process required to establish the rebuttable presumption is documented using the rebuttable presumption checklist released by the irs.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available for public inspection upon request in accordance with the section 6104(d) disclosure requirements.

Filing and Contact Details

Filer

Filer Name
Health Systems Facilities Inc
EIN
74-3083594
Phone
4786212100
Address
1005 BOULDER DRIVE, GRAY, GA 31032

Signing Officer

Name
Teresa W Moody
Title
President
Phone
4786212100
Signed
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa W Moody
Formed
2003
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
2,552

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
J Randolph Nichols
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Contribution of net assets -3,100,003

Raw XML AppendixShowing 400 of 927 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.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.5$24.0$0.52$53.6$55.9$2.29
2023Detailed filing. Detailed filing data is available for this year.$28.5$26.7$1.78$70.8$84.0$13.2
2022Detailed filing. Detailed filing data is available for this year.$12.9$7.77$5.08$96.1$98.9$2.83
2021Detailed filing. Detailed filing data is available for this year.$11.1$9.46$1.68$87.8$93.7$5.86
2020Detailed filing. Detailed filing data is available for this year.$12.7$10.3$2.48$100.0$103$3.05
2019Detailed filing. Detailed filing data is available for this year.$15.4$6.37$9.00$97.5$100$2.82
2018Detailed filing. Detailed filing data is available for this year.$15.9$9.28$6.63$99.5$100$0.96
2017Detailed filing. Detailed filing data is available for this year.$12.8$6.64$6.18$96.9$96.4$0.49
2016Detailed filing. Detailed filing data is available for this year.$15.5$6.69$8.79$103$103$0.18
2015Detailed filing. Detailed filing data is available for this year.$14.8$6.12$8.72$102$114$11.5
2014Detailed filing. Detailed filing data is available for this year.$33.1$24.8$8.22$117$107$9.44
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.1$13.7$9.47$100
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$10.2$4.78$93.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$9.60$9.29$101
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$9.06$17.0$94.6
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $50M-$100M nonprofits