IRS Form 990 · EIN 86-1127196

The Life Center Complex Inc

Wilmington, DE 19809-2372 · Tax year 2023

NTEE E30Health Treatment Facility

$2.8M

Total revenue

$3.9M

Total expenses

$-1.1M

Net income

-39.8%

Operating margin

Financial summary

Compared to 2 organizations with NTEE E30 in DE

Avg revenue (peers)

$38.9M

This org:$2.8M

Avg net income (peers)

$-17.3M

This org:$-1.1M

Avg top exec comp (peers)

$248K

This org (highest):—

6 officers + key employees from the most recent Schedule J filing (FY2022; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
FORREST WATSON III	PRESIDENT	40	$143K	—
DENISE WATSON	CHIEF OPERATING OFFICER	40	$108K	—
DENISE WATSON	BOARD MEMBER	2	—	—
ARDELIA PRITCHETT	BOARD MEMBER	1	—	—
PATRICE GILLIAM JOHNSON	BOORD MEMBER	2	—	—
ROMONA FULLMAN	SECRETARY	1	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$2.8M	$3.9M	$-1.1M	$3.3M
2022	$6.6M	$3.5M	$3.1M	$5.0M
2021	$3.1M	$2.5M	$645K	$2.3M
2020	$2.9M	$2.3M	$620K	$2.7M
2019	$1.4M	$1.1M	$364K	$1.4M
2018	$1.5M	$1.1M	$409K	$1.1M
2017	$474K	$351K	$124K	$129K
2016	$187K	$189K	$-2K	$5K
2015	$140K	$166K	$-26K	$6K
2014	$129K	$97K	$33K	$51K

This organization appears to be a hospital. Explore additional data sources: