2025-04-03T15:11:59-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-07-01 231686225 SPECTRUM HEALTH SERVICES INC SPEC 2154712761 5201 HAVERFORD AVE PHILADELPHIA PA 19139 DR KAREN L GRAVES CFO 2154712761 2025-04-03 1 1 KERRI N BOGDA CPA P00760402 7177404863 2025-04-03 2023 2025-03-06 01:10:19Z DR KAREN L GRAVES 5201 HAVERFORD AVE PHILADELPHIA PA 19139 28590892 0 X WWW.SPECTRUMHS.ORG X 1967 PA TO BE A LEADER IN THE DELIVERY OF PRIMARY CARE SERVICES AND ACCESS TO SPECIALTY CARE. 13 13 153 13 -751663 0 5801338 3805201 19147721 23685216 84502 24623 55438 -523017 25088999 26992023 0 0 0 0 11651721 13495812 0 0 0 10475610 12243452 22127331 25739264 2961668 1252759 36546670 37840036 15459141 15306126 21087529 22533910 X TO IMPROVE THE HEALTH STATUS OF PATIENTS AND THE RESIDENTS LIVING IN THE COMMUNITIES SURROUNDING THE ORGANIZATION'S DELIVERY SITES THROUGH AN ORGANIZED, COMPREHENSIVE PROGRAM OF PRIMARY CARE DELIVERY, HEALTH EDUCATION AND HEALTH-RELATED SOCIAL SERVICES REGARDLESS OF PATIENTS' ABILITY TO PAY. 0 0 17950876 0 20461342 MEDICAL SERVICES: SPECTRUM HEALTH SERVICES, INC. HAS PROVIDED HEALTH CARE SERVICES THAT ARE RESPONSIVE TO COMMUNITY NEEDS FOR OVER 57 YEARS. SPECTRUM'S MODEL OF CARE PROVIDES FOR ALL AGES AND FOR THE COMPLEXITY OF MEDICAL AND SOCIAL ISSUES EXPERIENCED BY THE PATIENTS SERVED, REGARDLESS OF AGE, RACE, RELIGION, AND/OR ABILITY TO PAY.THE HAVERFORD AVE, BROAD STREET, REED STREET, AND COTTMAN HEALTH CENTERS PROVIDE PRIMARY AND PREVENTIVE SERVICES, INCLUDING INFANT, CHILD AND ADOLESCENT SERVICES, AND FAMILY PLANNING SERVICES, SERVICES RELATED TO CHRONIC ILLNESS, DIAGNOSTIC TESTING AND SCREENING THROUGH AN ON-SITE CLIA LABORATORY, HEARING AND VISION TESTING, PRESCRIPTION ASSISTANCE AND REFERRALS, CHILDREN'S ORAL HEALTH SCREENING ON-SITE. SPECTRUM HEALTH SERVICES SAW 12,439 PATIENTS WITH 45,766 VISITS. 1752466 0 1997552 DENTAL SERVICES: SPECTRUM HEALTH SERVICES, INC.'S DENTAL DEPARTMENT OFFERS SERVICES FROM INFANTS TO ADULTS FOR THE CONVENIENCE OF MEETING ALL OUR PATIENTS' PRIMARY DENTAL CARE NEEDS AND PROVIDING THE BEST ORAL HEALTH FOR OUR PATIENTS AND COMMUNITY, REGARDLESS OF AGE, RACE, RELIGION, AND/OR ABILITY TO PAY. SPECTRUM HEALTH SERVICES SAW 3,549 PATIENTS WITH 8,652 VISITS. 1075861 0 1226322 CLINICAL SERVICES: SPECTRUM'S CORE MEDICAL SERVICES ARE SUPPORTED WITH PROGRAMS AND SERVICES FOR ADOLESCENT HEALTH, GERIATRIC HEALTH, HIV/AIDS OUTREACH AND PRIMARY CARE AND SPECIALIZED CASE MANAGEMENT SERVICES FOR PEOPLE WITH DIABETES, CARDIOVASCULAR PROBLEMS, HYPERTENSION, AND ASTHMA. BEHAVIORAL HEALTH SERVICES ARE EMBEDDED IN PRIMARY CARE AND REFERRALS ARE MADE FOR DENTAL HEALTH CARE FOR ADULTS AND CHILDREN. NUTRITION AND HEALTH EDUCATION ARE PROVIDED BY A REGISTERED NUTRITIONIST AND CERTIFIED HEALTH EDUCATOR IN CONJUNCTION WITH THE PRIMARY CARE PROVIDERS. DIETITIAN SERVICES ARE AVAILABLE FOR PATIENTS REQUIRING THIS SERVICE. SHS'S SITE HAS A LEVEL 2 LABORATORY THAT PERFORMS IN-HOUSE CLIA TESTING. SHS CLINICAL STAFF ARE ON CALL 24 HOURS, 7 DAYS A WEEK. ENABLING SERVICES ARE PROVIDED THROUGH THE CASE MANAGEMENT DEPARTMENT. SPECTRUM ALSO HAS TWO PHARMACIES OPERATING OUT OF OUR HAVERFORD AND COTTMAN LOCATIONS, AVAILABLE TO ALL PATIENTS. SPECTRUM HEALTH SERVICES SAW 3,549 PATIENTS WITH 5,863 VISITS. 20779203 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 43 0 153 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X DR KAREN L GRAVES CFO 2154712761 5201 HAVERFORD AVENUE PHILADELPHIA PA 19139 FREDERICK KINGLEE II CHAIR 2.00 0.00 X X 0 0 0 SAMUEL OSIRIM VICE CHAIR 1.00 0.00 X X 0 0 0 M PRESTON HAWKINS BOARD MEMBER/TREASURER 1.00 0.00 X X 0 0 0 DR MARK THOMAS PHD BOARD MEMBER/SECRETARY 1.00 0.00 X X 0 0 0 JOHN A BORDEN SR BOARD MEMBER 1.00 0.00 X 0 0 0 OKSANA CHUBOK BOARD MEMBER 1.00 0.00 X 0 0 0 DENISE CLAYTON BOARD MEMBER 1.00 0.00 X 0 0 0 YUBELKIS FERNANDEZ BOARD MEMBER 1.00 0.00 X 0 0 0 ANTHONY FLUELLEN BOARD MEMBER 1.00 0.00 X 0 0 0 REV BEVERLY GRAY BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL JOHNS BOARD MEMBER 1.00 0.00 X 0 0 0 JOSELYNNE JONES CELESTINE MED MS BOARD MEMBER 1.00 0.00 X 0 0 0 DR KIM W MAY MD BOARD MEMBER 1.00 0.00 X 0 0 0 VERONICA HILL-MILBOURNE PRESIDENT & CEO 40.00 0.00 X 372407 0 21807 KAREN L GRAVES CHIEF FINANCIAL OFFICER (AS OF 08/23) 40.00 0.00 X 94949 0 5155 DAVID DEMILIO CHIEF FINANCIAL OFFICER (UNTIL 08/23) 40.00 0.00 X 188135 0 9680 THERESA J BAUGH CHIEF OPERATIONS OFFICER 40.00 0.00 X 257576 0 0 SHAWNA RUSSELL-YOUNG CHIEF COMPLIANCE & PRIVACY OFFICER 40.00 0.00 X 176467 0 7112 DR AQIYLA MUHAMMAD CHIEF MEDICAL OFFICER (UNTIL 07/23) 40.00 0.00 X 203008 0 9542 EVEROD COLEMAN JR CHIEF DENTAL OFFICER 40.00 0.00 X 197731 0 10182 JENNIFER KELLY CHIEF HUMAN RESOURCES OFFICER 40.00 0.00 X 190025 0 9172 ERIC RIOS CHIEF INFORMATION OFFICER 40.00 0.00 X 176938 0 7898 JEFFREY DUNBAR MD PHYSICIAN 40.00 0.00 X 209450 0 0 CAROLYN WAGNER PEDIATRICIAN 40.00 0.00 X 188364 0 0 MYRON L SEWELL PHYSICIAN 40.00 0.00 X 178612 0 0 YOUNG HWAN KIM DENTIST 40.00 0.00 X 145136 0 0 TAN NGUYEN NURSE PRACTITIONER 40.00 0.00 X 143417 0 0 2722215 0 80548 31 0 1 0 SL COMMERCIAL LLC 442 GAINSBORO ROAD DREXEL HILL PA 19026 CONSTRUCTION 759149 THE O'CONNOR GROUP 418 GULPH RIDGE DRIVE STE 100 KING OF PRUSSIA PA 19406 HUMAN RESOURCES CONSULTING 268976 TEAK ADVISORS 3705 ARCTIC BLVD 1110 ANCHORAGE AK 99503 INTERIM CHIEF MEDICAL OFFICER 134820 3 3554784 250417 3805201 NET PATIENT SERVICE REVENUE 623000 17178446 17178446 PHARMACY REVENUE 623000 6506770 6506770 23685216 24623 24623 847206 1598869 -751663 -751663 -751663 INSURANCE CLAIMS 900099 154937 154937 HEALTH PARTNERS PLUS SETTLEMENT 900099 41502 41502 VACCINE REVENUE 900099 15000 15000 17207 17207 228646 26992023 23685216 -751663 253269 X 1878322 554895 1323427 8868254 7575213 1293041 194677 194677 1799504 1748600 50904 755055 708855 46200 147775 147775 109501 109501 231626 231626 4222771 4046037 176734 48189 44453 3736 162549 157176 5373 494854 297989 196865 1110594 488822 621772 29787 27478 2309 30540 28172 2368 311418 311418 428335 96235 332100 124356 29755 94601 MEDICAL SUPPLIES & DRUG 4274207 4274207 BAD DEBT EXPENSE 382988 382988 LICENSES, DUES, SUBS. 103795 95725 8070 EMPLOYEE EXPENSES 12144 11200 944 18023 16726 1297 25739264 20779203 4960061 0 10513376 9308176 2372431 768264 1741889 2680576 481909 332852 173685 307352 23612921 4299154 19861677 19313767 1401703 5129049 36546670 37840036 1700762 2129409 77917 0 13600047 13106302 80415 70415 15459141 15306126 X 21087529 22533910 21087529 22533910 36546670 37840036 X 1252759 193622 X 0 1 X 1 1 1 X 3898958 4784442 5669515 5801338 3805201 23959454 13082807 17308326 19771852 19147721 23685216 92995922 16981765 22092768 25441367 24949059 27490417 116955376 0 0 0 116955376 10304 3830 2900 105233 24623 146890 10304 3830 2900 105233 24623 146890 69017 86392 182037 228646 566092 16992069 22165615 25530659 25236329 27743686 117668358 0.99390 0.99480 0.00120 0.00190 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 2,651. 2022 AMOUNT: $ 396. MEDICAL RECORDS - 2020 AMOUNT: $ 7,517. 2021 AMOUNT: $ 8,409. 2022 AMOUNT: $ 14,615. 2023 AMOUNT: $ 14,392. REIMBURSEMENTS - 2020 AMOUNT: $ 61,500. 2021 AMOUNT: $ 72,032. 2022 AMOUNT: $ 50,097. PHARMACY RENTS - 2021 AMOUNT: $ 3,300. 2022 AMOUNT: $ 3,300. COST RECOVERY - 2022 AMOUNT: $ 3,911. HVAC REFUND - 2022 AMOUNT: $ 102,534. SWAMP INCOME - 2022 AMOUNT: $ 7,184. HEALTH PARTNERS PLUS SETTLEMENT - 2023 AMOUNT: $ 41,502. INSURANCE CLAIMS - 2023 AMOUNT: $ 154,937. VACCINE REVENUE - 2023 AMOUNT: $ 15,000. VENDOR REFUND - 2023 AMOUNT: $ 2,815. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1314288 1314288 18053643 1851899 16201744 1795203 420652 1374551 2449787 2026603 423184 19313767 DEPOSITS 56494 THIRD-PARTY PAYER SETTLEMENTS 3905000 RIGHT-OF-USE ASSETS, OPERATING LEASES 828086 INTEREST RATE SWAP AGREEMENTS 339469 5129049 DEPOSITS 70415 70415 X 28401526 -189366 -189366 28590892 -1598869 -1598869 26992023 26955145 1598869 1598869 25356276 382988 382988 25739264 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICES (IRS). THE ORGANIZATION HAS CONCLUDED THAT AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. GENERALLY, TAX RETURNS FOR YEARS ENDED JUNE 30, 2020, AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP 193,622. BAD DEBT NET WITH REVENUE -382,988. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -1,598,869. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,598,869. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT NET WITH REVENUE 382,988. X X X 0 0 0 0 0 0 0 1 0 VERONICA HILL-MILBOURNE PRESIDENT & CEO 314555 0 57852 0 0 0 21807 0 0 0 394214 0 0 0 THERESA J BAUGH CHIEF OPERATIONS OFFICER 216501 0 41075 0 0 0 0 0 0 0 257576 0 0 0 DR AQIYLA MUHAMMAD CHIEF MEDICAL OFFICER (UNTIL 07/23) 167240 0 35768 0 0 0 9542 0 0 0 212550 0 0 0 JEFFREY DUNBAR MD PHYSICIAN 208320 0 1130 0 0 0 0 0 0 0 209450 0 0 0 EVEROD COLEMAN JR CHIEF DENTAL OFFICER 172550 0 25181 0 0 0 10182 0 0 0 207913 0 0 0 JENNIFER KELLY CHIEF HUMAN RESOURCES OFFICER 159127 0 30898 0 0 0 9172 0 0 0 199197 0 0 0 DAVID DEMILIO CHIEF FINANCIAL OFFICER (UNTIL 08/23 147967 0 40168 0 0 0 9680 0 0 0 197815 0 0 0 CAROLYN WAGNER PEDIATRICIAN 184700 0 3664 0 0 0 0 0 0 0 188364 0 0 0 ERIC RIOS CHIEF INFORMATION OFFICER 158892 0 18046 0 0 0 7898 0 0 0 184836 0 0 0 SHAWNA RUSSELL-YOUNG CHIEF COMPLIANCE & PRIVACY OFFICER 154399 0 22068 0 0 0 7112 0 0 0 183579 0 0 0 MYRON L SEWELL PHYSICIAN 178067 0 545 0 0 0 0 0 0 0 178612 0 0 0 PART I, LINE 7 THE BONUS CRITERIA FOR THE EXECUTIVE TEAM ARE BASED ON 15% OF THEIR BASE SALARY WHEN PREDETERMINED GOALS HAVE BEEN MET. THE EXECUTIVE TEAM DECIDES ON INCENTIVE PROGRAMS AND THE BOARD APPROVES BONUSES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. THE 990 IS REVIEWED WITH THE CFO AND CEO. THE FINAL 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE CORPORATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION. ANY DIRECTOR, OFFICER, MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS, EMPLOYEE OR AGENT WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS AN INTERESTED PERSON. AN INTERESTED PERSON HAS A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. THEY MUST DISCLOSE THE EXISTENCE OF HIS/HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FAMILY AND BUSINESS RELATIONSHIPS ARE EXPRESSLY MENTIONED AS POTENTIAL SOURCES OF CONFLICT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. AN INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE THAT AN INDIVIDUAL HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, THE BOARD SHALL INFORM THE INDIVIDUAL OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER OPPORTUNITY TO EXPLAIN. IF THE BOARD DETERMINES THAT THE INDIVIDUAL HAS IN FACT FAILED TO DISCLOSE, THE BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DETERMINATION: THERE IS A SALARY COMPENSATION PLAN THAT IS IN PLACE THAT IS PERIODICALLY REVIEWED AND COMPARED AGAINST COMPARABLE SALARY DATA AT THE REGIONAL AND LOCAL LEVELS BY AN OUTSIDE CONSULTANT. THE PROCESS: MARKET PRICING - THE CONSULTANT USES JOB DESCRIPTIONS TO MATCH JOBS TO THE EXTERNAL MARKET. THE CONSULTANT USES A MIX OF NON-PROFIT AND FOR-PROFIT DATA FROM REGIONAL AND LOCAL SALARY SURVEYS AS WELL AS HEALTH CARE DATA. THE CONSULTANT SEARCHES FOR MARKET DATA THAT MATCHES THE ORGANIZATION'S POSITIONS AND THEN ABSTRACTS SALARY DATA FROM THE 25TH, 50TH AND 75TH PERCENTILE OF THE MARKET FOR EACH POSITION. THIS DATA IS THEN USED FOR SALARY STRUCTURES. A COMPARISON IS MADE OF THE MEDIAN MARKET VALUES TO THE MIDPOINT OF THE CURRENT PAY STRUCTURES, WHICH INDICATES WHERE THE POSITION FALLS WITHIN THE MARKET. CEO, CFO, DIRECTORS, AND KEY EMPLOYEE COMPENSATION WAS LAST REVIEWED AND DOCUMENTED BY THE BOARD IN JULY 2020. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT DISCLOSURE: THE AGENCY MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 3,854,982. MANAGEMENT AND GENERAL EXPENSES 176,734. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,031,716. LAB SERVICES: PROGRAM SERVICE EXPENSES 191,055. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 191,055. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 193,622. SHS COMMUNITY HEALTH INC 5201 HAVERFORD AVE PHILADELPHIA PA 19139 300713501 HOLDING CO PA 501(C)(2) N/A N/A 0 SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT 5201 HAVERFORD AVE PHILADELPHIA PA 19139 881279097 PROVIDE EDUCATION, COMMUNITY-BASED PROGRAMS, FINANCIAL SUPPORT, AND SERVICES PA 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0