2013-04-11T14:00:20-05:00 2012-05-31 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2011-06-01 621573738 SRHS BANKRUPTCY INC (FKA SUMNER REGIONAL HEALTH SYSTEMS INC) SRHS 8475832807 c/o Navigant Capital Advisors LLC 1603 Orrington Ave Evanston IL 60201 JOSEPH ORITI 2012-08-22 true John Woodhull P01305268 3128997000 2011 2016-02-25 16:41:14Z JOSEPH ORITI 1603 Orrington Avenue suite 1600 Evanston IL 60201 5443908 false X N/A X 1994 TN AS OF SEPTEMBER 1, 2010 THE HOSPITAL DISCONTINUED ALL OPERATIONS. THE HOSPITAL AND IT AFFILIATES WERE PURCHASED BY LIFEPOINT HOSPITALS AND CURRENTLY OPERATE UNDER NEW OWNERSHIP. 0 0 0 0 0 0 9311 0 30396238 0 405428 666756 951550 4125402 31762527 4792158 0 0 0 0 15967028 10094 0 0 0 39681647 15329611 55648675 15339705 -23886148 -10547547 52453926 16692086 46178609 18222457 6275317 -1530371 AS OF SEPTEMBER 1, 2010 THE HOSPITAL DISCONTINUED ALL OPERATIONS. false false 0 0 0 AS OF SEPTEMBER 1, 2010 THE HOSPITAL DISCONTINUED ALL OPERATIONS. 0 true false false false false false false false true true false false false false false false false false false false false false false false false false false false false true false false true false false false false false false false false false false false true true true false false false true 0 0 0 false false false false false false false false false false X 0 0 false true false false false false false false false false false false false false false false false TN X Joseph Oriti 8475832807 1603 Orrington Avenue suite 1600 evanston IL 60201 X JOSEPH ORITI 10.00 X 0 0 0 MATT CAINE 1.00 X 0 0 0 0 0 0 0 false false false PROSKAUER ROSE LLP 1585 BROADWAY NEW YORK NY 10036 LEGAL SERVICES 1495786 NAVIGANT CAPITAL ADVISORS LLC 30 SOUTH WACKER DRIVE STE 3100 CHICAGO IL 60606 CONSULTING 1389224 EPIQ SYSTEMS (EPIQ BANKRUPTCY SOLUTIONS LLC) 757 THIRD AVE 3RD FLOOR NEW YORK NY 10017 CONSULTING 264862 ALSTON & BIRD LLP 90 PARK AVE NEW YORK NY 100161387 LEGAL SERVICES 141848 FROST BROWN TODD LLC PO BOX 5716 CINCINATTI OH 452015716 LEGAL SERVICES 133048 8 0 0 0 0 0 0 11500 11500 0 0 0 0 0 1307006 651750 0 655256 655256 655256 0 0 0 LIFEPOINT SETTLEMENT 900099 3361000 3361000 PREMIER INVESTMENT PROCEEDS 900099 612435 612435 UNEMPLOYMENT FUND PROCEEDS 900099 94602 94602 57365 0 0 57365 4125402 4792158 0 0 4792158 0 0 0 0 0 0 0 0 8303 8303 1791 1791 0 0 0 0 0 0 49886 49886 0 1174861 1174861 0 0 5419 5419 0 0 0 0 0 0 0 SECURED CLAIM DISTRIBUTIONS 11073278 11073278 RESTRUCTURING COSTS 2668417 2668417 ADMIN. CLAIM DISTRIBUTIONS 292149 292149 PRIORITY CLAIM DISTRIBUTIONS 53529 53529 12072 0 12072 0 15339705 0 15339705 0 0 22756454 12208862 778098 0 1097719 784580 3688644 0 9931324 3688644 79500 0 0 0 17810831 10000 52453926 16692086 8495069 10854134 0 18120592 7368323 19562948 0 46178609 18222457 X 6265317 -1540371 10000 10000 6275317 -1530371 52453926 16692086 X -10547547 2741903 X false false false X 10000 10000 10000 0 0 0 0 0 10000 10000 0 0 0 0 0 10000 10000 0 0 0 0 0 10000 0.00000 1.00000 0.00000 false false 0 0 0 0 3688644 3688644 3688644 0 0 Intended uses of endowment funds Schedule D, Part V, Line 4 PRIOR TO CEASING OPERATIONS ON SEPTEMBER 1, 2010, THE ORGANIZATION MAINTAINED A PERMANENTLY RESTRICTED ENDOWMENT FUND FOR THE PURPOSE OF FUNDING THE HEALTH SYSTEM'S MEDICAL LIBRARY. INCOME GENERATED FROM THE ENDOWMENT FUND IS USED TO PURCHASE BOOKS AND PERIODICALS FOR THE MEDICAL LIBRARY. HEALTH EDUCATION AND HOUSING FACILITIES BOARD 521305360 86642PDKO 2007-08-15 151983729 CONSTRUCTION OF FACILITY false true false HEALTH EDUCATION AND HOUSING FACILITIES BOARD 521305360 NONEAVAIL 2008-05-28 12000000 CONSTRUCTION OF FACILITY false true false 0 0 151983729 9574850 0 0 3000000 0 0 139408879 0 0 false false true true 0 0 12000000 0 0 0 240000 0 0 11760000 0 0 false false true true false false false false 0.0000 0.0000 0.0000 true false false false false 0.0000 0.0000 0.0000 true false false false 0.0 false 0.0 false false false false false 0.0 false 0.0 false false SUPPLEMENTAL INFORMATION ON TAX-EXEMPT BONDS PART I THE TAX-EXEMPT BOND ISSUES LISTED IN PART I OF SCHEDULE K WERE ISSUED TO SUMNER REGIONAL HEALTH SYSTEMS, INC. A PORTION OF THE PROCEEDS FOR BOTH THE 2008 AND 2007 SERIES BONDS WERE ALLOCATED TO TWO SUBSIDIARIES OF SUMNER REGIONAL HEALTH SYSTEMS, INC.: TROUSDALE MEDICAL CENTER, INC. AND FRANK T. RUTHERFORD MEMORIAL HOSPITAL, INC. THE ENTIRE ISSUANCE AND RELATED INFORMATION FOR THE 2008 AND 2007 SERIES BONDS ARE REPORTED ON SCHEDULE K OF THE SUMNER REGIONAL HEALTH SYSTEMS, INC. 2011 FORM 990. Delegation of management duties Form 990, Part VI, Section A, Line 3 DURING THE FISCAL YEAR ENDED MAY 31, 2012 THE ORGANIZATION ENGAGED NAVIGANT CONSULTING, A MANAGEMENT AND ADVISORY CONSULTING COMPANY, TO PERFORM MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES. THE FOLLOWING INDIVIDUALS PERFORMED SERVICES TO SRHS BANKRUPTCY, INC. THROUGH NAVIGANT CONSULTING: JOSEPH ORITI, VP OF FINANCE MATT CAINE, PLAN ADMINISTRATOR ACCORDINGLY, THE INDIVIDUALS LISTED ABOVE HAVE BEEN REPORTED AS OFFICERS IN PART VII, SECTION A OF THE FORM 990. Documentation of meetings held by governing body Form 990, Part VI, Section A, Line 8a THE ORGANIZATION CEASED OPERATIONS AS OF SEPTEMBER 1, 2010. THERE IS NO LONGER A FORMAL BOARD OF DIRECTORS. DURING THE FISCAL YEAR ENDED MAY 31, 2012 THE ORGANIZATION ENGAGED NAVIGANT CONSULTING, A MANAGEMENT AND ADVISORY CONSULTING COMPANY, TO PERFORM MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY THE ORGANIZATION'S OFFICERS, KEY EMPLOYEES AND BOARD OF DIRECTORS. THE FOLLOWING INDIVIDUALS PERFORMED SERVICES TO SRHS BANKRUPTCY, INC. THROUGH NAVIGANT CONSULTING: JOSEPH ORITI, VP OF FINANCE MATT CAINE, PLAN ADMINISTRATOR Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE ORGANIZATION'S VP OF FINANCE WORKS WITH ITS INDEPENDENT THIRD PARTY TAX PREPARERS TO COMPLETE THE FORM 990. UPON ITS COMPLETION, THE ORGANIZATION'S VP OF FINANCE PERFORMS A DETAILED PRELIMINARY REVIEW OF THE PREPARED FORM 990. DOES THE ORGANIZATION MONITOR OR ENFORCE ITS CONFLICT OF INTEREST POLICY? FORM 990, PART VI, LINE 12C THE ORGANIZATION CEASED OPERATIONS AS OF SEPTEMBER 1, 2010. THERE IS NO LONGER A FORMAL BOARD OF DIRECTORS, OFFICERS OR KEY EMPLOYEES. DURING THE FISCAL YEAR ENDED MAY 31, 2012 THE ORGANIZATION ENGAGED NAVIGANT CONSULTING, A MANAGEMENT AND ADVISORY CONSULTING COMPANY, TO PERFORM MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY THE ORGANIZATION'S OFFICERS, KEY EMPLOYEES AND BOARD OF DIRECTORS. THE FOLLOWING INDIVIDUALS PERFORMED SERVICES TO SRHS BANKRUPTCY, INC. THROUGH NAVIGANT CONSULTING: JOSEPH ORITI, VP OF FINANCE MATT CAINE, PLAN ADMINISTRATOR PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY COMPENSATED OFFICERS OR KEY EMPLOYEES PER THE IRS'S DEFINITION. AS SUCH, LINES 15A AND 15B HAVE BEEN MARKED "NO" IN ACCORDANCE WITH THE INSTRUCTIONS TO THE FORM 990. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 PUBLIC DISCLOSURE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Other changes in net assets or fund balances Form 990, Part XI, Line 5 WRITE-OFFS OF INTERCOMPANY BALANCES - 2741903; SUMNER REGIONAL MEDICAL CENTER INC 1603 ORRINGTON AVE STE 1600 EVANSTON IL 60201 621573738 HEALTHCARE TN NA SRHS HOLDINGS LLC DBA RRMCN 1603 ORRINGTON AVE STE 1600 EVANSTON IL 60201 204212680 HEALTHCARE TN NA SUMNER HOMECARE & HOSPICE LLC 1603 ORRINGTON AVE STE 1600 EVANSTON IL 60201 204574324 HEALTHCARE TN NA FAMILY WELLNESS GROUP OF MIDDLE TN LLC 1603 ORRINGTON AVE STE 1600 EVANSTON IL 60201 263741860 HEALTHCARE TN NA SUMNER REGIONAL HEALTH SYSTEMS FOUNDATION INC PO BOX 1588 GALLATIN TN 37066 582185850 SUPPORT SRHS TN 501(C)(3) 7 NA true FTRMH BANKRUPTCY INC 1603 ORRINGTON AVE STE 1600 EVANSTON IL 60201 621468987 HOSPITAL TN 501(C)(3) 3 NA true TMC BANKRUPTCY INC 1603 ORRINGTON AVE STE 1600 EVANSTON IL 60201 621805666 HOSPITAL TN 501(C)(3) 3 NA true false false false false false false false false false false false false false false false false false false