2025-05-05T12:11:21-07:00 2024-06-30 990 2023-07-01 920037099 SOUTH PENINSULA HOSPITAL INC SOUT 9072358101 4300 Bartlett Street Homer AK 99603 Anna Hermanson Chief Financial Officer 9072350912 2025-05-05 1 2023 2025-03-06 01:10:19Z Ryan Smith 4300 Bartlett St Homer AK 99603 133199966 0 X https://www.sphosp.org/ X 1969 AK South Peninsula Hospital promotes community health and wellness by providing personalized, high-quality, locally coordinated healthcare. 11 7 704 12 0 0 5226148 6921282 106939029 123974590 563017 1567300 755856 736794 113484050 133199966 141658 152223 0 0 74173693 86841496 0 0 0 36478003 42411525 110793354 129405244 2690696 3794722 114392821 121999892 23724518 27536867 90668303 94463025 South Peninsula Hospital promotes community health and wellness by providing personalized, high-quality, locally coordinated healthcare. 0 0 66029129 93667980 Our 22 bed acute care hospital provided inpatient services to 623 patients for total patient days of 3,180 during FY24. Total outpatient visits for the year were 101,153 which includes 5,823 emergency room visits, 1,549 ambulatory surgery visits, and other outpatient services such as imaging, laboratory, physical therapy, infusion, chemotherapy, and sleep lab. 24643680 16085481 The hospital operates several provider based clinics which include family medicine, orthopedics, general surgery, neurology, internal medicine, mental health, OBGYN, and urology. These various outpatient provider based clinics had 43,130 patient visits during FY24. 7486131 12903381 The hospital operates a long term care facility that provides skilled nursing care to an average of 24 patients daily for a total of 8581 resident days during FY24. 2444296 1317748 Our Home Health division caring for patients in the home performed 4,413 home visits during the tax year. 2444296 0 1317748 100603236 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 119 0 1 704 1 0 0 0 0 0 0 0 0 X 11 7 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AK X SPH Finance Department 9072350912 4300 Bartlett Street Homer AK 99603 Brent Adcox Orthopaedic Surgeon 40 X 1507619 0 6600 Edson Knapp Director and Radiologist 40 X 999329 0 6600 Ryan Smith CEO 40 X 629779 0 6600 Nathan Kincaid Physician 40 X 615235 0 6600 Michael Boling Director and General Surgeon 40 X 511651 0 0 Christopher Landess ER Physician 40 X 489225 0 6600 Paula Godfrey Physician 40 X 458488 0 6600 Lucy Fisher Physician 40 X 437316 0 6600 Christina Tuomi CMO 40 X 402525 0 6600 Angela Hinnegan COO 40 X 304668 0 6600 Rachael Kincaid CNO 40 X 259403 0 6600 Anna Hermanson CFO 40 X 240515 0 6600 Aaron Weisser President 2 X 8125 0 0 Walter Partridge Treasurer 2 X 7500 0 0 Mary Wythe Secretary 2 X 6625 0 0 Melissa Jacobsen Vice President 2 X 6625 0 0 Bernadette Wilson Director 2 X 6000 0 0 Matt Hambrick Director 2 X 6000 0 0 Julie Woodworth Director 2 X 3750 0 0 Kelly Cooper Director 2 X 3750 0 0 Kari-Ann Calderwood Baker Director 2 X 3000 0 0 Matthew Bullard Director 2 X 3000 0 0 Preston Simmons Director 2 X 3000 0 0 Jared Baker Director 2 X 2500 0 0 6915628 0 72600 146 0 1 0 Hudson Staffing PLLC 4409 Ivan Creek DR Franklin TN 37064 Temporary Contract Staffing 698104 The Good Life Medstaff PO Box 3544 Omaha NE 68103 Temporary Contract Staffing 461035 J Ross Tanner 3841 PIPER ST DO 35555 Kenai Spur HWY PMB345 Soldotna AK 99669 Physician Services 396350 Kurt Mentzer 12000 Lilac DR Anchorage AK 99516 Physician Services 376223 Peak Imaging 9339 NE 5th ST Terrebonne OR 97760 Physician Services Imaging 370376 16 0 0 0 5160918 1760364 0 93172 6921282 Hosspital 622000 93667980 93667980 0 0 Physician Offices 621110 16085481 16085481 0 0 Long Term Care 623311 12903381 12903381 0 0 Home Health Care 621610 1317748 1317748 0 0 123974590 1558025 1558025 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9275 0 0 0 9275 9275 9275 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cafeteria and Other Revenues 900099 696806 696806 0 0 Other Operating Revenues 900099 39988 39988 0 0 0 0 0 0 736794 133199966 126278684 0 0 152223 152223 0 0 0 0 0 0 3407745 1745964 1661781 0 0 0 0 0 56889129 46059310 10829819 0 3745105 2996084 749021 0 18804587 14234863 4569724 0 3994930 3165947 828983 0 0 0 0 0 28089 0 28089 0 142571 0 142571 0 10496 0 10496 0 0 0 0 0 0 0 10294113 9391662 902451 0 61225 28242 32983 0 14944368 13423575 1520793 0 2058701 853479 1205222 0 0 0 0 0 2342111 348479 1993632 0 260385 178772 81613 0 0 0 0 0 500662 360029 140633 0 540922 0 540922 0 0 0 0 0 5057595 4551835 505760 0 1337102 492398 844704 0 Repairs and Maintenance 2321242 983237 1338005 0 Dues and Subscriptions 278000 67838 210162 0 Recruitment 1923311 1388070 535241 0 Miscellaneous 310632 181229 129403 0 129405244 100603236 28802008 0 2686 2876 42940215 42730141 0 0 15489824 20440376 0 0 0 0 0 0 2130034 2340672 737230 885529 111575270 64784321 43376835 46790949 0 0 0 0 0 0 5000 0 9710997 8809349 114392821 121999892 14240037 19087059 0 0 630113 1562958 8854368 6886850 0 0 0 0 0 0 23724518 27536867 X 90612815 85874223 55488 8588802 90668303 94463025 114392821 121999892 3794722 0 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 10496 10496 0 Schedule C, Part II-B, Line 1 The Hospital pays annual dues to entities that perform lobbying activates. Those entities are the Alaska Hospital and Healthcare Association, the American Hospital Association, and the American Healthcare Association. The amount reported on the Schedule H Part IV is based on the estimated percentage of lobbying activities reported for the year. 0 395485 395485 0 67990446 32281026 35709420 0 926889 30742891 -29816002 0 38248054 215065 38032989 0 4014396 1545339 2469057 46790949 Pension Related Deferred Outflow 5360446 Deferred Loss on Refunding 223835 Pension Asset 3225068 8809349 133199966 0 0 0 0 0 133199966 0 0 0 133199966 129405244 0 0 0 0 0 129405244 0 0 0 129405244 1 1 X 1 X 1 X 1 1 0 0 1 1392 938545 0 938545 0.007 1 2761 29339184 24983523 4355661 0.034 0 0 0 0 0 0 2 4153 30277729 24983523 5294206 0.041 22 1277 312317 108984 203333 0.0016 5 15 5062 0 5062 0 15 75569 42356193 31081293 18727032 0.145 0 0 0 0 0 0 3 550 152223 0 152223 0.0012 45 77411 42825795 31190277 19087650 0.1478 47 81564 73103524 56173800 24381856 0.1888 0 0 0 0 0 0 0 0 0 0 0 0 46 1150 121643 0 121643 0.001 0 0 0 0 0 0 0 0 0 0 0 0 7 175 83777 0 83777 0.0006 4 100 27975 27975 0.0002 0 0 0 0 0 0 0 0 0 0 0 0 57 1425 233395 0 233395 0.0018 1 3711094 644536 41236377 48915333 -7678956 X 1 1 1 1 South Peninsula Hospital 4300 Bartlett St Homer AK 99603 www.sphosp.org GACH-010 X X X X South Peninsula Hospital 1 0 0 1 X X X X X X X X 23 1 0 0 1 X https://www.sphosp.org/about-sph/health-needs-assessment/ X 1 24 1 https://www.sphosp.org/about-sph/health-needs-assessment/ 0 0 1 X 100 300 1 1 X X X 1 X https://www.sphosp.org/for-patients/financial-assistance/ X https://www.sphosp.org/wp-content/uploads/2021/02/2021-FAP-Application.pdf X https://www.sphosp.org/wp-content/uploads/2018/08/Financial-Assistance-Brochure.pdf X X X X X X 1 X 0 X X X X 1 0 0 Schedule H, Part V, Section B, Line 5-South Peninsula Hospital South Peninsula Hospital conducted a community health needs assessment (CHNA) for the southern Kenai Peninsula in 2023, in cooperation with MAPP of SKP Health Coalition. This CHNA was conducted in compliance with IRS Section 501(r), and identified health needs of the residents of the South Kenai Peninsula Hospital Service Area of the Kenai Peninsula Borough. The final assessment was adopted by the SPH Board of Directors on June 28, 2023, and made available to the public on the organization's website www.sphosp.org free of charge. The complete CHNA report can be found in the separate document link titled CHNA on the South Peninsula Hospital website www.sphosp.org. Numerous presentations were made of the report findings from June through October, including at meetings of the hospital's Board of Directors, Homer City Council, SPH general hospital staff, SPH general medical staff, Rotary and MAPP of the Southern Kenai Peninsula local community health coalition made up of twelve partnering local agencies representing the eight dimensions of wellness. The findings were reviewed internally by management and input received during presentations was taken into account in order to prioritize the most significant health needs to address. Consideration was given to the magnitude of the issue, consequences if issue was not addressed, and feasibility to affect change. Impact of the pandemic was found to be wide spread. Complete assessment findings, details and breakdown of the data can be found in the complete assessment report. Schedule H, Part V, Section B, Line 11-South Peninsula Hospital To address mental health needs identified in the 2023 CHNA, SPH applied for a behavioral health grant to add behavioral health component to women's health, provided a community resource guide pamphlet and ensure updated version remains in circulation, both on paper and electronically and continued to support regular, free wellness programs in the community through various programs including Wellness Wednesday. SPH is working with South Peninsula Behavioral Health to consider co-location of some mental health providers. SPH offered trainings and certifications for SPH staff in teen mental health first aid and our Community Health and Wellness Educator Nurse was trained in Teen Mental Health First Aid program. Teen mental health first aid training was offered at parent nights and to the communities of Nanwalek and Port Graham. We continue to participate as a lead agency in the community Safe & Healthy Kids Fair and offer activities and lunch and learns with a focused towards mental health. In FY 2024 the Spring Health employee assistance program was added in addition to the continuation of the wellness reimbursement program which includes coverage for a wide array of mental health supports. To address housing needs SPH solicited for proposals and selected a contractor for a 26 unit housing complex. SPH continues to participate in and facilitate community meetings regarding housing including involvement in Guiding Growth forum, MAPP taskforce on housing solutions as part of the community health improvement plan (CHIP) and the City of Homer Comprehensive Plan update. To address substance use we continue our partnership with local addiction prevention and harm reduction agencies to co-design solutions to advance community health. Staff participated and supported All Things Recovery Coalition. Free facility, advocacy assistance, and support was provided to Megan's Place Needle exchange. SPH provided a grant writer to Kachemak Bay Recovery Connection who successfully wrote an opioid settlement grant application to expand recovery efforts; SPH has a representative on the board and provides funding for administrative support for additional grant acquisition and management. Our MAT nurse staffed the community resource (homeless) connect, the food pantry, the rotary health fair and the Kenai Peninsula fair. A training on responding to overdoses was provided at the local theater in advance of the movie and we continued harm reduction trainings both planned as well as offered upon request. To address the childcare shortage SPH is in the process of opening a childcare facility for staff, to be open by summer of 2025, which will free up more than thirty spots in the community currently occupied by children of SPH staff. Quarterly safe sitter babysitting course for youth in grades 6th-8th, expanding outreach to rural parts of the service area. Three trainings were offered at SPH; and one in the village. SPH focused on marketing and outreach to increase the number of annual or wellness visits a year by hiring a full time in house marketing assistant with focus on marketing/outreach expansion efforts, increased announcements of available PCPs and evening clinic offerings, hosted Brake for Breakfast in October, giving out free breakfast with important health tips including breast health and cancer prevention and hired additional PCP to meet growing demand of clinic visits. Free vaccines were offered during health fair blood draws and clinics offered free kids flu shots during designated hours. SPH contracts with Kachemak Bay Family Planning to offer free STD testing at the clinic and at the needle exchange. This year Weekly Wellness Wednesday programming, free and open to all, included a health presentation, a meal, and movement activity. SPH hosted Homer Steps Up free walking challenge, where over 700 individuals enrolled. Sunrise Medical Weight loss offered community education presentations and Homer Medical has a Certified Diabetes Educator nurse. To support our aging population SPH host a Senior Day at State fair and senior focused offerings through Health Fair and Wellness Wednesdays. To increase services for a rapidly growing senior population, a free standing wound care clinic to care for patients with referrals from any of the family practice providers in the service area is being formulated within the primary care clinic; set to relocate in 2025. SPH continues to seek funding and community support for an expanded Oncology/Infusion Clinic unit, and the addition of nuclear medicine. Audiology has joined the specialty clinic, an upper extremity expert joined orthopedics and a full time neurologist has started a practice. The Rehabilitation clinic has relocated to a downtown location for easier access and parking. To address barriers to care, training and planning was conducted for determining the social determinants of health (SDOH) at time of admission to ensure patients receive the appropriate support services when discharged. SPH will work with local, borough and statewide coalitions and resources to identify and help address significant gaps of services and resources in the hospital's service area. Starting 2025, SPH will fully implement SDOH screenings for food insecurity, housing instability, transportation needs, utility difficulties and interpersonal safety, work to connect patients to services upon discharge, and report measures and data to CMS. Training and planning was conducted for this project. Numerous financial navigators were hired to strengthen awareness of financial assistance options and brochures are at registration windows. The SPH foundation has developed a Patient Assistance fund for taxi vouchers and travel reimbursement for patients experiencing transportation or travel cost barriers to seeking much needed care. SPH continues to partner with the Kachemak Bay Rotary Club to offer deeply discounted blood draws on an annual basis with over 800 individuals taking advantage in 2023. To address social isolation SPH continues to offer free community seasonal offerings and event such as Wellness Wednesday and Homer Steps up. Hospital representatives continue to work on collective improved community health through participation in MAPP of the Southern Kenai Peninsula local health coalition and MAPP workgroups. SPH offers volunteer opportunities at the hospital such as gift shop, pet therapy, long term care visitors and event assistance. To address Staff Workforce Shortages SPH prioritizes retaining current staff through increased job and employee satisfaction. We have added an internal C.N.A. earn to learn program with around 6 students per semester. The SPH Foundation scholarship funds provided scholarships for allied health programs and C.N.A. training. SPH supports the Kachemak Bay Campus in their C.N.A., nursing and allied health curriculums and clinical rotations. We hosted three tours to high school students of all departments, with emphasis on career tracks. We partnered with UAA and HHS to be the site for an annual AHEC career boot camp. Seventeen students participated in a one day job shadow program. Schedule H, Part V, Section B, Line 16j-South Peninsula Hospital Financial Assistance information is provided on patient statements and as financial navigators call patients to discuss bills, financial assistance program information is shared. SPH also offers free consults through the Financial Navigators for seniors accessing and signing up for Medicare. SPH's financial aid counselor office is located in the main entrance of the hospital for easy access and financial aid counselors are represented at community fairs. 10 SPH Long Term Care 4300 Bartlett Street Homer AK 99603 Long term care skilled nursing facility SPH Home Health 203 W Pioneer Homer AK 99603 Home Health Services Homer Medical Center 4136 Bartlett St Homer AK 99603 Family Practice Medical Clinic SPH Specialty Physician & Family Care Clinic 4201 Bartlett St Homer AK 99603 Orthopaedics, General Surgery, Urology, Primary Care, and other Specialty physicians SPH West Wing Clinic 4117 Bartlett St Homer AK 99603 OBGYN and Women's health services SPH Infusion Clinic 4251 Bartlett St Homer AK 99603 Infusion Treatments SPH-Peninsula Surgical Clinic 4252 Hohe St Suite B Homer AK 99603 General Surgery Clinic SPH Neurology & Sleep Clinic 4300 Bartlett St Homer AK 99603 Neurology & Sleep Clinic Serene Waters Mental Health Services 4135 Hohe St Homer AK 99603 Mental Health Outpatient Services SPH OBGYN Medical Clinic 263 W Fairview Ave Homer AK 99603 OBGYN Medical Clinic Schedule H, Part I, Line 7 Costs associated with financial assistance were based on the Medicare Cost Report cost to charge ratio for tax year 2023. Costs associated with other benefits are based on actual reported costs per activity or department. Schedule H, Part II Community building activities included activities in the community such as working with project homeless connect, the Southern Kenai Peninsula Resiliency Coalition, sponsoring support services for mothers and babies at the farmers market, and working to promote community wellness. Schedule H, Part III, Section A, Line 4 Percentage of self pay writeoffs that are charity care times the cost to charge ratio to get the true cost. Schedule H, Part III, Section B, Line 8 This data was obtained from the CMS website on our Provider Statistical & Reimbursement Report for the tax year. We believe the shortfall in line 8 should be considered community benefit due to the provision of care to Medicare patients regardless of their ability to pay. Further the hospital is not allowed to collect from the contractual writeoffs from patients despite the deficit in the cost to provide the services to this population. Schedule H, Part III, Section C, Line 9b The facility has a debt collection policy. The policy allows for any funds sent to bad debt that are eligible for financial assistance to be pulled back from a collection agency. Schedule H, Part VI, Line 2 South Peninsula Hospital uses a collaborative effort within state and local agencies and also community members and focus groups to identify the community health needs. Schedule H, Part VI, Line 3 The hospital employs 2 financial counselors and 3 financial navigators that are available to meet with patients to discuss bills, payment plans, and financial assistance options. The counselors can also assist patients with completing the charity care application. Additionally, a copy of the FAP is available at all registration areas, displayed prominently in the emergency rooms and waiting rooms, and published on our website. Schedule H, Part VI, Line 4 The hospital serves the Southern Kenai Peninsula Service Area located in the Kenai Peninsula Borough. That service area encompasses several communities in South Central Alaska to include Anchor Point, Diamond Ridge, Fox River, Fritz Creek, Happy Valley, Homer, Kachemack City, Nanwalek, Nikolaevsk, Ninilchick, Port Graham, and Seldovia for an estimated population of 20,000. 1 Elemental Consulting PO Box 547 Homer AK 99603 933149508 80577 Support for community MAPP program, mobilizing action through planning and partnerships, a coalition for health improvement on the peninsula. This program supports All Things Recovery. Hospice of Homer PO Box 4174 Homer AK 99603 920015943 51540 Support for the hospice program and community resource for DME and end of life care. Kachemak Bay Family Planning 3959 Ben Walters Ln Homer AK 99603 920106486 20106 Support for private community STD testing. 3 3 Schedule I, Part I, Line 2 Assistance was provided to healthcare non-profits which support the community health needs. Records are kept in the Hospital's accounting system. X X X X 0 1 X X X X 1 1 0 0 0 0 0 0 0 Brent Adcox Orthopaedic Surgeon 1454653 0 52696 0 270 0 6600 0 59680 0 1573899 0 0 0 Edson Knapp Director and Radiologist 987915 0 1331 0 10082 0 6600 0 60229 0 1066157 0 0 0 Ryan Smith CEO 445536 0 173494 0 10749 0 6600 0 45341 0 681720 0 0 0 Nathan Kincaid Physician 554055 0 34685 0 26495 0 6600 0 56114 0 677949 0 0 0 Michael Boling Director and General Surgeon 504939 0 198 0 6514 0 0 0 46790 0 558441 0 0 0 Christopher Landess ER Physician 468126 0 1247 0 19852 0 6600 0 60206 0 556031 0 0 0 Paula Godfrey Physician 456926 0 196 0 1366 0 6600 0 22205 0 487293 0 0 0 Lucy Fisher Physician 402254 0 12494 0 22568 0 6600 0 60223 0 504139 0 0 0 Christina Tuomi CMO 385363 0 16394 0 768 0 6600 0 58540 0 467665 0 0 0 Angela Hinnegan COO 287753 0 16340 0 575 0 6600 0 34291 0 345559 0 0 0 Rachael Kincaid CNO 205532 0 53595 0 276 0 6600 0 59512 0 325515 0 0 0 Anna Hermanson CFO 216590 0 23274 0 651 0 6600 0 34123 0 281238 0 0 0 Schedule J, Part I, Line 1a The hospital provides gift cards for special events. The taxes on those gift cards are grossed up and covered by the employer. The hospital also provides a wellness benefit, the use of local health facilities, and pays up to half of gym memberships through the wellness program not to exceed $500 per year. The hospital provides housing as part of recruiting contracts and a stipend for business use of a personal residence. These allowances are included on the employees W-2. Schedule J, Part I, Line 1b Although the hospital does not have a written policy governing all fringe benefits, it does closely follow IRS guidelines for the treatment of those benefits and includes all applicable fringe benefits as taxable earnings and reports them on form W-2. Schedule J, Part I, Line 3 The Board determine the CEO's compensation based on a comparative review of other facility's 990's and wage and compensation surveys done by various agencies including the Alaska Hospital and Healthcare Association. Schedule J, Part I, Line 4 4a Paula Godfrey severance payment of 76,140. 4b Employees contribute to and participate in a nonqualified 457 compensation plan. A Kenai Peninsula Borough 2015 Refunding Bonds 920030894 2015-06-04 8655000 Refunding Bonds 0 0 0 B Kenai Peninsula Borough 2016 Refunding Bonds 920030894 2016-11-03 2660000 Refunding Bonds 0 0 0 C Kenai Peninsula Borough Revenue Bonds 920030894 2017-04-27 4500000 Hospital Expansion and Maintenance 0 0 0 A 4790000 0 9884491 0 0 0 0 0 0 0 0 0 2009 0 1 1 1 B 2660000 0 3050412 0 0 0 0 0 0 0 0 0 2209 0 1 1 1 C 1750000 0 4795700 0 62086 0 23647 0 0 4779254 0 23254 2018 0 0 0 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 1 0 0 0 0 A 0 B 0 C 0 Renda Knapp MD Director's Family Members 410744 Employment 0 Rhoda Ostman Director's Family Members 93119 Employment 0 Emily Knapp Director's Family Members 49889 Employment 0 Katelyn Wythe Director's Family Members 47226 Employment 0 Hannah Knapp Director's Family Members 13433 Employment 0 X Equipment and construction 1 93172 FMV 0 0 0 Form 990, Part VI, Section A, Line 7b South Peninsula Hospital is operated by South Peninsula Hospital Inc. through an operating agreement with the Kenai Peninsula Borough. In accordance with that agreement certain key decisions must be approved by the Kenai Peninsula Borough Assembly. Signing of any leases in excess of one year or $100,000 also requires Borough approval. The issuance of tax exempt bonds backed by the revenues of the hospital requires voter approval. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by Hospital Finance, reviewed first by the Executive Team which includes the CFO, COO, and CEO, and then distributed to the Board of Directors for review and approval. The Board of Directors then approved the CFO to sign and submit the return electronically. Form 990, Part VI, Section B, Line 12c The Board of Directors signs an annual conflict of interest attestation indicating whether any conflicts of interest exist. In matters where Board action is required, any members with an identified conflict of interest state their conflict and refrain from voting. Form 990, Part VI, Section B, Line 15 South Peninsula Hospital does have independent compensation review studies performed periodically to ensure that the wages are reasonable and customary for key positions. Comparative industry compensation data is utilized determining compensation levels for key staff. The Board of Directors discusses and sets the wage for the CEO based on market and other available data. Form 990, Part VI, Section C, Line 19 The hospital makes its governing documents, 990, form 1023, and financial statements available upon request. It also provides a financial overview to the public during its monthly board meetings, as well as quarterly financial overview presentations at the quarterly Borough Assembly meetings. Kenai Peninsula Borough 144 N Binkley St Soldotna AK 99669 920030894 Local area government AK 115 N/A N/A 0 South Peninsula Hospital Foundation 4300 Bartlett St Homer AK 99603 830354063 Fundraising and Community Health Support AK 501(c)3 Public Charity N/A 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 1 1 1 Kenai Peninsula Borough c 5160918 The Hospital receives property taxes and bond proceeds from the Kenai Peninsula Borough service area to assist with its capital repairs and replacement as well as debt service. This amount represents the total received in the current year for these purposes. Kenai Peninsula Borough e 6615000 The Kenai Peninsula Borough acts as the loan guarantor on certain bond issuances in the event that South Peninsula Hospital Inc. ceased to exist prior to the retirement of the debt. This amount represents the total outstanding principal on the bonds as of the end of the tax year. Kenai Peninsula Borough e 45450 The Hospital received a $7,000,000 loan from the Kenai Peninsula Borough to finance the replacement of the Hospital's EMR software. This amount represents the total outstanding principal on the note as of the end of the tax year. Kenai Peninsula Borough k 1 South Peninsula Hospital operates the hospital on behalf of the Kenai Peninsula Borough through a sublease and operating agreement for a cost of $1 per annum. Kenai Peninsula Borough q 5160918 The Kenai Peninsula Borough reimbursed South Peninsula Hospital for certain organizational expenses such as the annual audit, property insurance, professional fees for the community health needs assessment, capital expenses, and the debt service on behalf of the hospital. The amount represents the total of these payments during the tax year. South Peninsula Hospital Foundation c 15517 South Peninsula Hospital received $15,517 in grants from the South Peninsula Hospital Foundation to support the Hospitals mission. South Peninsula Hospital Foundation n 4100 South Peninsula Hospital supplied a office, equipment, and supplies to the South Peninsula Hospital Foundation's Executive Director. This amount presented the estimated cost of those items for the current fiscal year. South Peninsula Hospital Foundation o 95118 South Peninsula Hospital supplied paid employees to the South Peninsula Hospital Foundation's which included an Executive Director and accounting staff. This amount presented the estimated payroll and related cost of those employees. An extension was needed to file the 990 as the financial audit was not complete and delayed the preparation of the Hospital's 990.