Attachment K - KDVA-OKVC FY22 Income Statement.xlsx

This document is an Income Statement for the Kentucky Department of Veterans Affairs (KDVA) for the OKVC (Eastern Kentucky Veterans Center - SNF, Radcliff Veterans Center - SNF, Thomson-Hood Veterans Center - SNF, Western Kentucky Veterans Center - SNF) facilities for the fiscal year 2022 (7/1/2021 to 6/30/2022). The income statement shows the revenue and expenses for the facilities, including room and board, ancillary services, and other revenue sources. The total revenue for the year was $65,673,778, while the total expenses were $73,923,202, resulting in a net loss of $8,166,604.

The major expense categories include salaries and wages for nursing, administrative, activities/social services, resident services, dietary, laundry, housekeeping, and maintenance, totaling $19,709,823. Employee benefits expense was $24,585,613, and other major expense categories included activities/social services, nursing, dietary, plant & maintenance, and general & administrative expenses. Ancillary expenses were $7,633,444.