2024-05-14T15:41:35-05:00 2023-06-30 PwC US Tax LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2022-07-01 222440273 MAIN LINE REALTY CORPORATION % CURT WHITESIDE MAIN 4845804453 3803 WEST CHESTER PIKE SUITE 250 NEWTOWN SQUARE PA 19073 LEIGH EHRLICH EVP/TREASURER 4845804453 2024-05-09 true LEIGH EHRLICH 999009999 ERICA R MCREYNOLDS P00977806 2673303000 2 2022 2023-04-26 12:10:37Z LEIGH EHRLICH 3803 W CHESTER PIKE 250 NEWTOWN SQUARE PA 19073 14385740 false X WWW.MAINLINEHEALTH.ORG X 1983 PA INVEST AND MANAGE REAL ESTATE PROPERTY FOR THE BENEFIT OF THE MAIN LINE HEALTH SYSTEM AND TO ASSIST AND SUPPORT MAIN LINE HEALTH SYSTEM WITH THESE FUNCTIONS. 3 1 0 1 0 0 648494 0 6716978 7225783 6123066 7159957 0 0 13488538 14385740 0 0 0 0 2275266 2467186 0 0 0 4112838 4337334 6388104 6804520 7100434 7581220 73866993 80511193 10297811 9165382 63569182 71345811 X MAIN LINE REALTY CORPORATION INVESTS IN AND MANAGES REAL ESTATE PROPERTY, PRINCIPALLY MEDICAL OFFICE BUILDINGS, FOR THE BENEFIT OF THE MAIN LINE HEALTH SYSTEM, IN PARTICULAR ITS HOSPITALS. MAIN LINE REALTY CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ASSIST AND SUPPORT MAIN LINE HEALTH WITH THESE FUNCTIONS. false false 921106 0 1488828 MAIN LINE REALTY CORPORATION'S PRINCIPAL PURPOSE IS TO MANAGE HOSPITAL OWNED MEDICAL OFFICE BUILDINGS THAT PATIENTS CAN ACCESS FOR OUTPATIENT CARE FROM PHYSICIANS ON THE MAIN LINE HOSPITALS, INC. AND RIDDLE MEMORIAL HOSPITAL CAMPUSES. SERVICES PROVIDED INCLUDE ASSET MANAGEMENT AND ACCOUNTING SERVICES, AS WELL AS MANAGING THE EXPENSES INCURRED TO OPERATE THE BUILDINGS, INCLUDING UTILITIES, REPAIRS, REAL ESTATE TAXES, LIABILITY INSURANCE AND OTHER MEDICAL OFFICE BUILDING EXPENSES. 552616 0 802073 MAIN LINE REALTY CORPORATION HAS PURCHASED PARTNERSHIP INTEREST IN BMHR ASSOCIATES. SPECIFICALLY, MAIN LINE REALTY CORPORATION HAS AN 86.28% PARTNERSHIP INTEREST IN BMHR ASSOCIATES. MAIN LINE REALTY CORPORATION INCURS AND PAYS LEASE EXPENSES on its pro rata share of ownership AS WELL AS RELATED BUILDING COSTS ASSOCIATED WITH THE OPERATION OF THIS MEDICAL OFFICE BUILDING. 4994388 0 4934882 MAIN LINE REALTY CORPORATION owns a 51% interest in MAIN LINE HEALTH IMAGING LP, AN ORGANIZATION THAT PROVIDES MAGNETIC RESONANCE IMAGING AND PET CT SERVICES AT THE MAIN LINE HEALTH HOSPITALS, AS WELL AS VARIOUS OUTPATIENT HEALTH CENTERS. MAIN LINE REALTY CORPORATION also owns 100% of MAIN LINE HEALTH WELLNESS, LLC. WHICH CATERS TO THE DIVERSE NEEDS OF A DECONDITIONED OR MEDICALLY COMPROMISED POPULATION, AS WELL AS THOSE MEMBERS OF THE COMMUNITY WHO ARE FOCUSED ON MAINTAINING and improving THEIR HEALTH. OTHER JOINT VENTURES INCLUDE: PAOLI SURGERY CENTER, LP AND RMH HEALTH CARE CENTER ASSOCIATES, LP. 0 0 0 6468110 true false false false false false false false false false true false true true true false false true false false false false false false false false false false false true false false false false false false false false false false false false true true false false false true 3 0 true 0 false false false false false false false false false false false false X 3 1 false false false false true true true true true false false true true true true true true true true true true PA X CURT WHITESIDE 4843371864 3803 W CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 X JOHN J LYNCH III PRESIDENT/EX-OFFICIO TRUSTEE 1.0 39.0 X X 0 2005175 597253 MICHAEL J BUONGIORNO EVP-FINANCE/TREASURER/TRUSTEE 1.0 39.0 X X 0 949105 161630 BRIAN T CORBETT ESQ SR. VP, GEN COUNSEL/SECRETARY 1.0 39.0 X 0 720653 150998 EILEEN CARR ASSISTANT SECRETARY 1.0 39.0 X 0 130017 27551 STEVEN HIGGINS CHAIRMAN/TRUSTEE 1.0 9.0 X X 0 0 0 0 3804950 937432 0 false true false NONE 0 0 RENTAL INCOME 532000 2147076 2147076 OTHER TENANT RELATED INCOME 532000 143958 143958 MANAGEMENT INCOME 532000 123050 123050 MLH WELLNESS REVENUE 532000 4811699 4811699 7225783 7161295 7161295 0 0 0 0 0 -1338 -1338 -1338 -1338 0 0 0 0 0 0 0 0 0 0 14385740 7225783 0 7159957 0 0 0 0 0 0 2220877 2220877 0 81867 81867 164442 164442 137504 137504 0 13418 13418 0 0 0 416412 412729 3683 132808 132808 253701 253701 24743 24743 0 1728647 1728647 0 0 860 860 126621 126621 177723 177723 764599 764107 492 76792 76792 REPAIRS AND MAINTENANCE 160006 160006 REAL ESTATE & OTHER TAX 164572 158383 6189 BANK FEES 151879 130879 21000 EQUIPMENT RENTAL 4908 4206 702 2141 2141 6804520 6468110 336410 0 X 14724959 24942617 0 0 0 0 1598179 1307626 0 0 0 0 0 0 0 0 65280 53774 23733741 12589698 11748929 11144043 34669758 32846853 0 0 6418277 5915072 0 0 4641611 4301208 73866993 80511193 376803 520003 0 0 696665 0 4170889 3959559 0 0 0 0 0 0 0 0 5053454 4685820 10297811 9165382 X 63569182 71345811 0 0 63569182 71345811 73866993 80511193 7581220 186501 8908 X false true X true false X X 2 MAIN LINE HOSPITALS INC 231352160 3 true 0 0 RIDDLE MEMORIAL HOSPITAL 231529076 3 true 0 0 2 0 0 true false false false false false false false false false false false false false false true false 4705042 4705042 7602715 5368380 2234335 9473251 5418891 4054360 1952733 1802427 150306 0 0 0 11144043 INVESTMENT BMHR ASSOCIATES 1959655 C INVESTMENT MAIN LINE IMAGING 3955416 C INVESTMENT PAOLI SURGERY CTR 1 C 5915072 DUE FROM SYSTEM AFFILIATES 66688 DUE FROM NON-SYSTEM AFFILIATES 373 INTEREST RECEIVABLE 184342 OPERATING LEASE ASSETS 4044215 INVESTMENT IN CAPTIVE 5590 4301208 0 DUE TO PAOLI HOSPITAL 11392 DUE TO MAIN LINE SERVICES 6627 DUE TO MAIN LINE CORP 111587 DUE TO BRYN MAWR HOSPITAL 3517 OPERATING LEASE LIABILITIES 4552697 4685820 X X X X X false true false false false false false true false JOHN J LYNCH III PRESIDENT/EX-OFFICIO TRUSTEE 0 1267318 0 384384 0 353473 0 554414 0 42839 0 2602428 0 275946 MICHAEL J BUONGIORNO EVP-FINANCE/TREASURER/TRUSTEE 0 712890 0 160531 0 75684 0 118545 0 43085 0 1110735 0 44307 BRIAN T CORBETT ESQ SR. VP, GEN COUNSEL/SECRETARY 0 535335 0 102332 0 82986 0 112875 0 38123 0 871651 0 55383 EILEEN CARR ASSISTANT SECRETARY 0 128262 0 1755 0 0 0 0 0 27551 0 157568 0 0 FORM 990, SCHEDULE J, PART I, LINE 4B NONQUALIFIED RETIREMENT PLAN: THE PRESIDENT AND EVP-FINANCE/TREASURER ("PARTICIPANTS") PARTICIPATE IN A NONQUALIFIED RETIREMENT PLAN. MAIN LINE HOSPITALS, INC. PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH A FUNDING ARRANGEMENT KNOWN AS A COLLATERAL ASSIGNMENT SPLIT DOLLAR POLICY. THE PLAN PROVIDES THAT THE SYSTEM WILL PAY PREMIUM PAYMENTS ON A LIFE INSURANCE POLICY FOR EACH OF THE PARTICIPANTS. DURING THE PARTICIPANTS' LIFE, TO THE EXTENT SERVICE AND VESTING REQUIREMENTS ARE FULFILLED, THE PARTICIPANT CAN BORROW AGAINST VALUES IN THE POLICY TO SUPPLEMENT RETIREMENT INCOME. IT IS REASONABLE TO BELIEVE THAT THE LOAN IS PAID IN FULL UPON THE DEATH OF THE PARTICIPANT. FORGIVEN INTEREST INCLUDED IN PARTICIPANTS' EARNINGS ARE: PRESIDENT $41,370 EVP-FINANCE/TREASURER $12,369 SERP DISCLOSURE: MAIN LINE HEALTH, INC. ("MLH") AND ITS AFFILIATES PROVIDED SUPPLEMENTAL RETIREMENT BENEFITS THROUGH ESTABLISHED SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS ("SERP") TO SELECT MEMBERS OF SENIOR LEADERSHIP IN FY23. SERP BENEFITS FUNDED BY MLH ARE SUBJECT TO VESTING AND EMPLOYMENT DATE REQUIREMENTS AND ARE PAID OUT AT THE CONCLUSION OF A PREDETERMINED PERFORMANCE PERIOD. A PERFORMANCE PERIOD IS A TIMEFRAME OF AT LEAST TWELVE MONTHS THAT MAY COVER VARYING LENGTHS OF TIME FOR EACH INDIVIDUAL EMPLOYEE. BENEFITS FOR PARTICIPANTS VESTED IN A PLAN WERE REPORTED IN SCHEDULE J, PART II, COLUMN (B) (III) AND BENEFITS FOR PARTICIPANTS NOT YET VESTED IN A PLAN WERE REPORTED IN SCHEDULE J, PART II, COLUMN (C). FORM 990, SCHEDULE J, PART I, LINE 7 THE COMPENSATION OF THE CEO, EVP & CHIEF FINANCIAL OFFICER, HOSPITAL PRESIDENTS, AND OTHER SENIOR EXECUTIVES DID INCLUDE A NON-FIXED COMPONENT PAYMENT OF COMPENSATION BASED UPON PRE-ESTABLISHED QUALITY, PATIENT SAFETY, AND FINANCIAL TARGETS ESTABLISHED AT THE BEGINNING OF THE FISCAL YEAR. THE HUMAN RESOURCES AND COMPENSATION COMMITTEE OF THE MAIN LINE HEALTH BOARD IS RESPONSIBLE FOR EVALUATING AND DETERMINING THE APPROPRIATENESS OF THE TARGETS. AFTER REVIEW AND DELIBERATION, THE COMMITTEE DOCUMENTS ITS DECISIONS AND REPORTS TO THE FULL BOARD OF GOVERNORS WHO REVIEW THE COMPENSATION DECISIONS. PAYMENTS ARE MADE TO THE APPROPRIATE INDIVIDUALS BY THE ORGANIZATION WITHIN WHICH THOSE INDIVIDUALS RESIDE FOR PAYROLL REPORTING PURPOSES. PART VI, SECTION A, LINE 6, 7A AND 7B AS PER THE ARTICLES OF INCORPORATION, THE SOLE MEMBER OF MAIN LINE REALTY CORPORATION IS MAIN LINE HEALTH, INC., A PA NONPROFIT CORPORATION. AS SOLE MEMBER, MAIN LINE HEALTH, INC. HOLDS CERTAIN POWERS OF ELECTION AND APPROVAL IN CONNECTION WITH THE GOVERNING BODY OF MAIN LINE HEALTH. THESE POWERS ARE PRESENTED IN DETAIL IN THE COMPANY'S GOVERNING DOCUMENTS WHICH THE COMPANY MAKES AVAILABLE TO THE PUBLIC UPON REQUEST. POWERS ARE PRESENTED IN DETAIL IN THE COMPANY'S GOVERNING DOCUMENTS WHICH THE COMPANY MAKES AVAILABLE TO THE PUBLIC UPON REQUEST. PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED IN CONJUNCTION WITH PWC US TAX LLP AND REVIEWED INTERNALLY BY MANAGEMENT. IT IS THEN SENT TO THE BOARD OF TRUSTEES FOR THEIR REVIEW. THE FORM 990 IS REVIEWED AT A MEETING OF THE BOARD OF TRUSTEES PRIOR TO FILING. PART VI, SECTION B, LINE 12C ANNUAL CONFLICTS OF INTEREST STATEMENTS ARE REQUIRED TO BE COMPLETED BY ALL TRUSTEES, OFFICERS, DIRECTORS, AND OTHER INTERESTED PERSONS. ANY CONFLICT ARISING ARE REFERRED TO THE LEGAL DEPARTMENT FOR RESOLUTION. IF DEEMED NECESSARY OR ADVISABLE, CONFLICTS MAY BE REFERRED TO THE FULL BOARD FOR RESOLUTION. PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION PAID TO THE CEO, TOP MANAGEMENT OFFICIALS AND KEY PERSONNEL OF THE ORGANIZATION IS AS FOLLOWS: THE HUMAN RESOURCES AND COMPENSATION COMMITTEE OF THE MAIN LINE HEALTH BOARD, USING THE SERVICES OF AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTING FIRM AND BOTH NATIONAL AND REGIONAL HEALTHCARE DELIVERY MARKET COMPARABLE COMPENSATION DATA, IS RESPONSIBLE FOR THE EVALUATION AND DETERMINATION OF SENIOR EXECUTIVE BENEFITS AND COMPENSATION FOR THE CEO, EVP AND CHIEF FINANCIAL OFFICER, HOSPITAL PRESIDENTS, AND SENIOR VICE PRESIDENTS. AFTER REVIEW AND DELIBERATION, THE COMMITTEE DOCUMENTS ITS COMPENSATION DECISIONS AND REPORTS TO THE FULL MAIN LINE HEALTH BOARD OF GOVERNORS. THE COMPENSATION PAID TO KEY PERSONNEL OF MAIN LINE HEALTH SYSTEM AND AFFILIATES IS SIMILARLY DETERMINED USING MARKET SURVEY DATA REPRESENTING COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS AS PROVIDED BY INDEPENDENT CONSULTING FIRMS. COMPENSATION RECOMMENDATIONS AT THIS LEVEL ARE REVIEWED AND RECOMMENDED BY MLH COMPENSATION FUNCTION TO MEMBERS OF SENIOR MANAGEMENT. PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. PART VII, SECTION A, COLUMN B THE OFFICERS DEVOTE THEIR TIME TO ALL OF THE ORGANIZATIONS WITHIN MAIN LINE HEALTH SYSTEM AND, AS SUCH, THE TOTAL HOURS WORKED BY THE OFFICERS, ACROSS ALL OF THE ORGANIZATIONS, CUMULATIVELY REPRESENT THEIR FULL-TIME EMPLOYMENT STATUS. PART X, LINE 20 CERTAIN BOND PROCEEDS HAVE BEEN ALLOCATED TO MAIN LINE REALTY CORPORATION FROM MAIN LINE HEALTH SYSTEM, A RELATED ORGANIZATION. THE LIABILITIES FOR THE SERIES ARE REPORTED ON SCHEDULE K FOR MAIN LINE HEALTH SYSTEM. MAIN LINE HEALTH WELLNESS LLC 240 RADNOR-CHESTER ROAD RADNOR PA 19087 474650233 HEALTHCARE PA -155521 10019706 MLRC MAIN LINE HEALTH SYSTEM 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 232814503 HEALTHCARE PA 501(C)(3) 12, II NONE false MAIN LINE HEALTH INC 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 232331531 HEALTHCARE PA 501(C)(3) 12, II MLHS false MAIN LINE HOSPITALS INC 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 231352160 HEALTHCARE PA 501(C)(3) 3 MLH false LANKENAU INSTITUTE FOR MEDICAL RESEARCH 100 LANCASTER AVE WYNNEWOOD PA 19096 232175659 HEALTHCARE PA 501(C)(3) 4 ML HOSPITALS false MAIN LINE HEALTH HOMECARE AND HOSPICE 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 232308028 HEALTHCARE PA 501(C)(3) 10 MLDS false RIDDLE MEMORIAL HOSPITAL 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 231529076 HEALTHCARE PA 501(C)(3) 3 MLH false RIDDLE HEALTH CARE SERVICES 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 222606545 HEALTHCARE PA 501(C)(3) 12, II RMH false RIDDLE HEALTHCARE ASSOCIATES 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 232900844 PHYSICIAN PA 501(C)(3) 10 MLH false MIRMONT ALCOHOL REHABILITATION CENTER 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 232215243 HEALTHCARE PA 501(C)(3) 3 MLDS false MAIN LINE AFFILIATES 240 RADNOR-CHESTER ROAD RADNOR PA 19087 232308668 HEALTHCARE PA 501(C)(3) 10 MLDS false MAIN LINE DIVERSIFIED SERVICES INC 240 RADNOR-CHESTER ROAD RADNOR PA 19087 232859148 HEALTHCARE PA 501(C)(3) 12, I MLH false MAIN LINE HEALTHCARE 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 232359401 PHYSICIAN MGM PA 501(C)(3) 12, I MLH false MAIN LINE SERVICES 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 232359402 HEALTHCARE PA 501(C)(3) 12, II MLDS false THE BRYN MAWR HOSPITAL FOUNDATION 130 SOUTH BRYN MAWR AVE BRYN MAWR PA 19010 232179020 FUNDRAISING PA 501(C)(3) 7 NA false LANKENAU MEDICAL CENTER FOUNDATION 100 LANCASTER AVE WYNNEWOOD PA 19096 232176723 FUNDRAISING PA 501(C)(3) 7 NA false PAOLI MEMORIAL HOSPITAL FOUNDATION 255 WEST LANCASTER AVE PAOLI PA 19301 232359407 FUNDRAISING PA 501(C)(3) 7 NA false BRYN MAWR REHABILITATION FOUNDATION 414 PAOLI PIKE MALVERN PA 19355 232507348 FUNDRAISING PA 501(C)(3) 7 NA false THE RIDDLE HEALTHCARE FOUNDATION 1068 WEST BALTIMORE PIKE MEDIA PA 19063 043601189 FUNDRAISING PA 501(C)(3) 7 NA false FIVE POINTE PROFESSIONAL LIABILITY INSUR 1105 N MARKET ST SUITE 1300 WILMINGTON DE 19899 204191006 INSURANCE DE 501(C)(3) 12, I MLHS false MLH Integrative and Functional MED SVCS 130 South Bryn Mawr Ave BRYN MAWR PA 19010 825397205 HEALTHCARE PA 501(C)(3) 3 MLDS false BMHR ASSOCIATES 240 RADNOR-CHESTER ROAD RADNOR PA 19087 232311589 HEALTHCARE PA NA N/A -103960 2590513 true true 0.86286 MAIN LINE HEALTH IMAGING LP 100 LANCASTER AVE WYNNEWOOD PA 19096 232409186 HEALTHCARE PA NA N/A 6900943 6168230 true true 0.51000 RIDDLE SURGICAL CENTER LLC 1118 WEST BALTIMORE PIKE MEDIA PA 19063 263899068 HEALTHCARE PA NA N/A 0 0 false false RMH HEALTH CARE CENTER ASSOCIATES 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 232236644 OFFICE RENTAL PA NA N/A 295 0 true true 0.04130 ACCOUNTABLE CARE ORGANIZATION OF PA LLC 259 N RADNOR CHESTER ROAD RADNOR PA 19087 274553972 HEALTHCARE PA NA N/A 0 0 false false BRYN MAWR SURGERY CENTER LLC 130 SOUTH BRYN MAWR AVE BRYN MAWR PA 19010 472590785 HEALTHCARE PA NA N/A 0 0 false false 120 VALLEY GREEN LANE LLC 240 RADNOR-CHESTER ROAD SUITE 260 RADNOR PA 19087 823428069 HEALTHCARE PA NA N/A 0 0 false false MUVE - WEST CHESTER LLC 11221 ROE AVE LEAWOOD KS 66211 320537159 HEALTHCARE KS NA N/A 0 0 false false PAOLI SURGERY CENTER LLC 11250 Tomahawk Creek Parkway Leawood KS 66211 621547618 HEALTHCARE PA NA N/A -35956 786203 false true 0.32002 MAIN LINE CORPORATION 240 RADNOR-CHESTER ROAD RADNOR PA 19087 231704075 INACTIVE PA NA C CORPORATION 0 0 false MOUNTAIN LAUREL RISK RETENTION GROUP 3803 WEST CHESTER PIKE STE 250 NEWTOWN SQUARE PA 19073 141868175 INSURANCE VT NA C CORPORATION 0 0 false RIDDLE HEALTH NETWORK LLC 1068 W BALTIMORE PIKE MEDIA PA 19063 232975542 INACTIVE PA NA C CORPORATION 0 0 false false false false false false false false false false true false false false false false true true false false