2025-10-06T10:20:50-05:00 2024-12-31 351178661 BLUE & CO LLC 2650 EASTPOINT PKWY SUITE 300 LOUISVILLE KY 40223 990 2024-01-01 208963925 TRIAD HEALTH SYSTEMS INC TRIA 8595671271 PO BOX 845 WARSAW KY 41095 ADAM CRAFT CEO 8595671271 2025-10-06 1 1 EMILIE M KNIERIEM CPA P01330194 5029923500 2025-10-06 2024 2025-03-06 01:10:19Z ADAM CRAFT PO BOX 845 WARSAW KY 41095 12345184 0 X HTTPS://TRIADHEALTHSYSTEMS.COM/ X 2008 KY TO MEET THE NEEDS OF THE UNDERSERVED BY PROMOTING WELLNESS AND PREVENTION 10 10 100 10 0 0 3837648 3558621 5358824 5178888 2167 1919 817543 641340 10016182 9380768 0 0 0 0 6887117 7205453 0 0 0 3397409 3799876 10284526 11005329 -268344 -1624561 11705957 9746682 5097493 4762779 6608464 4983903 TO MEET THE NEEDS OF THE UNDERSERVED BY PROMOTING WELLNESS AND PREVENTION AND PROVIDING THE HIGHEST QUALITY MEDICAL SERVICES POSSIBLE FOR THE THREE COUNTY AREAS OF CARROLL, OWEN, AND GALLATIN. 0 0 7626671 5820228 PROVIDE MEDICAL, MENTAL HEALTH, DENTAL, AND OPTOMETRY SERVICES TO THE RESIDENTS OF GALLATIN, OWEN AND CARROLL COUNTIES WITH AN EMPHASIS ON SERVICES TO THE UNINSURED AND UNDERINSURED. THE SYSTEM PROVIDED APPROXIMATELY $114,316 IN CHARITY CARE. 7626671 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 0 0 0 0 1 8 0 1 100 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X THE ORGANIZATION 8595671271 PO BOX 845 WARSAW KY 41095 ERIC BAUMANN PHYSICIAN/MEDICAL DIRECTOR 40.00 0.00 X 282041 0 49462 DOUG SMALARA PHYSICIAN/MEDICAL DIRECTOR 40.00 0.00 X 282041 0 23613 LARRY JOHNSON PHYSICIAN 40.00 0.00 X 271339 0 23193 BARBARA NEWELL PHYSICIAN 40.00 0.00 X 200532 0 12602 ADAM CRAFT CEO 40.00 0.00 X 187326 0 20648 JULIE UNSINGER CFO (BEG 2024) 40.00 0.00 X 141356 0 19510 ASHLEY RAFLA PHARMACIST 40.00 0.00 X 138568 0 19102 LARRY GROSS PSYCHIATRIST 40.00 0.00 X 144173 0 5767 AMY COMBS PHARMACIST 40.00 0.00 X 141000 0 3306 JUSTIN PITTMAN CHAIR 1.00 0.00 X X 0 0 0 DIANNE COLEMAN CHAIRWOMEN (END 09/24) 1.00 0.00 X X 0 0 0 KIMBERLY JONES VICE CHAIR 1.00 0.00 X X 0 0 0 MICHAEL RAMSEY SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 JUSTIN ALEXANDER DIRECTOR 1.00 0.00 X 0 0 0 DONNIE DAWES DIRECTOR 1.00 0.00 X 0 0 0 MARY JANE DAY DIRECTOR 1.00 0.00 X 0 0 0 JANICE K RIDDLE DIRECTOR 1.00 0.00 X 0 0 0 SHIRLEY WARNICK DIRECTOR 1.00 0.00 X 0 0 0 VERONICA GAYLE DIRECTOR 1.00 0.00 X 0 0 0 CASEY ELLIS DIRECTOR (BEG 11/24) 1.00 0.00 X 0 0 0 1788376 0 177203 17 0 1 0 DYNAMIC PHARMACY SOLUTIONS 2402 EAGLE PASS SHELBYVILLE KY 40065 PHARMACY CONSULTING 149040 1 3558621 3558621 PATIENT SERVICE REVENUE 621399 4186580 4186580 340B PHARMACY REVENUE 621399 992308 992308 5178888 1919 1919 3465547 2964416 501131 501131 PAYER BONUS REVENUE 900099 138478 138478 MEDICAL RECORDS 900099 1635 1635 MISCELLANEOUS 900099 96 96 140209 9380768 5820228 0 1919 1006027 754520 251507 4881581 3661186 1220395 10209 7657 2552 625253 468940 156313 682383 511787 170596 54746 54746 62668 62668 857243 214312 642931 13642 3411 10231 163005 142064 20941 282823 279995 2828 652324 508813 143511 12762 4850 7912 51818 19691 32127 57668 44811 12857 379498 296008 83490 104139 39573 64566 INVENTORY WRITE OFF 548026 208250 339776 MEDICAL SUPPLIES AND DR 405896 401837 4059 DUES AND SUBSCRIPTIONS 68151 25897 42254 RECRUITING EXPENSES 25218 9583 15635 60249 23486 36763 11005329 7626671 3378658 0 558136 476409 2953996 2809927 609476 0 924682 646796 796141 531667 180815 179902 5021482 2368897 2838559 2652585 90912 56184 2753240 2393212 11705957 9746682 854021 954150 1499873 1428931 2743599 2379698 5097493 4762779 X 6608464 4983903 6608464 4983903 11705957 9746682 -1624561 0 X 0 1 X 1 1 1 X 6703372 4340761 5791574 3837648 3558621 24231976 6703372 4340761 5791574 3837648 3558621 24231976 24231976 457 133 292 2167 1919 4968 75182 168944 116576 202713 140209 703624 24940568 31848290 0.97160 0.97450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 75,182. 2021 AMOUNT: $ 168,944. 2022 AMOUNT: $ 116,576. 2023 AMOUNT: $ 202,713. 2024 AMOUNT: $ 140,209. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 183965 183965 2915551 1160783 1754768 1750961 1148298 602663 171005 59816 111189 2652585 THIRD PARTY RECEIVABLE - MEDICARE 13514 ROU ASSET - OPERATING LEASE 2379698 2393212 OPERATING LEASE LIABILITY 2379698 2379698 X 12345184 2964416 2964416 9380768 0 9380768 13969745 2964416 2964416 11005329 0 11005329 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THS AND RECOGNIZE A TAX LIABILITY IF THS HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THS, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THS IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 2,964,416. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 2,964,416. X X 0 0 0 0 0 0 0 0 0 ERIC BAUMANN PHYSICIAN/MEDICAL DIRECTOR 281041 0 1000 0 0 0 11282 0 38180 0 331503 0 0 0 DOUG SMALARA PHYSICIAN/MEDICAL DIRECTOR 281041 0 1000 0 0 0 11282 0 12331 0 305654 0 0 0 LARRY JOHNSON PHYSICIAN 270339 0 1000 0 0 0 10862 0 12331 0 294532 0 0 0 BARBARA NEWELL PHYSICIAN 199532 0 1000 0 0 0 6030 0 6572 0 213134 0 0 0 ADAM CRAFT CEO 186326 0 1000 0 0 0 7578 0 13070 0 207974 0 0 0 JULIE UNSINGER CFO (BEG 2024) 140356 0 1000 0 0 0 5043 0 14467 0 160866 0 0 0 ASHLEY RAFLA PHARMACIST 133691 0 1000 0 3877 0 4230 0 14872 0 157670 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS EMAILED TO ALL BOARD MEMBERS PRIOR TO FILING AND IS REVIEWED AT A SUBSEQUENT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURE AND ATTESTATION IS REQUIRED TO MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: COMPENSATION FOR THE CEO IS SET BY THE BOARD OF DIRECTORS, WHO UTILIZES COMPENSATION INFORMATION FROM THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS (NACHC). THIS PROCESS IS DOCUMENTED AND REVIEWED ANNUALLY. LINE 15B: COMPENSATION FOR ALL OTHER OFFICERS OF THE ORGANIZATION IS ALSO SET BY THE BOARD OF DIRECTORS, WHO UTILIZES COMPENSATION INFORMATION FROM THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS (NACHC). THIS PROCESS IS DOCUMENTED AND REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE DISCRETION OF THE BOARD OF DIRECTORS AND MANAGEMENT.