Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $15,000,000

• 1f · All other contributions, gifts and grants

  $340,000

• 3 · Investment income

  total $2,944,604 · excluded $2,944,604

• 6a · Gross rents

  real property $730,181

• 6b · Less rental expenses

  real property $1,056,896

• 6c · Rental income or loss

  real property -$326,715

• 6d · Net rental income or loss

  total -$326,715 · related or exempt -$319,442 · excluded -$7,273

• 7a · Gross sales of assets other than inventory

  securities $16,611,249

• 7b · Less cost or other basis and sales expenses

  securities $16,491,420

• 7c · Gain or loss

  securities $119,829

• 7d · Net gain or loss

  total $119,829 · excluded $119,829

Functional expenses

Part IX, the statement of functional expenses.

• 11c · Fees: accounting

  total $1,050 · management and general $1,050

• 11f · Fees: investment management

  total $17,187 · management and general $17,187

• 13 · Office expenses

  total $2 · management and general $2

• 16 · Occupancy

  total $15,957 · management and general $15,957

• 23 · Insurance

  total $9,957 · management and general $9,957

• 24a · Other expenses: DUES AND LICENSES

  total $20 · management and general $20

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,112,133 · end of year $1,494,370

• 2 · Savings and temporary cash investments

  beginning of year $37,023,365 · end of year $18,150,663

• 4 · Accounts receivable

  beginning of year $18,137

• 9 · Prepaid expenses and deferred charges

  beginning of year $103,867 · end of year $94,027

• 10a · Land, buildings and equipment: cost or other basis

  $20,108,766

• 10b · Land, buildings and equipment: accumulated depreciation

  $3,932,703

• 10c · Land, buildings and equipment, net

  beginning of year $17,078,211 · end of year $16,176,063

• 11 · Investments: publicly traded securities

  beginning of year $6,039,368 · end of year $46,207,607

• 12 · Investments: other securities

  beginning of year $1,200,000 · end of year $1,200,000

• 15 · Other assets

  beginning of year $20,437,066 · end of year $17,439,481

• 19 · Deferred revenue

  beginning of year $340,000

• 25 · Other liabilities

  beginning of year $224,955 · end of year $224,975

• 27 · Net assets without donor restrictions

  beginning of year $82,447,192 · end of year $100,537,236

The filer's explanations (Part III)

PART I, LINE 3

THE TOP MANAGEMENT AND FINANCIAL OFFICIAL ARE COMPENSATED BY AGENA'S RELATED ORGANIZATION, YAKIMA VALLEY FARM WORKERS CLINIC (YVFWC). COMPENSATION AND BENEFITS FOR THE CEO, CFO, AND TOP MANAGEMENT POSITIONS ARE BASED UPON MARKET RESEARCH AND RECOMMENDATIONS PROVIDED BY AN OUTSIDE COMPENSATION SPECIALTY FIRM ENGAGED BY THE BOARD OF DIRECTORS. FINAL COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS; FINAL COMPENSATION FOR THE CFO AND OTHER TOP MANAGEMENT IS DETERMINED BY THE CEO. YVFWC USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY/STUDY, AND APPROVAL BY THE BOARD.

PART I, LINE 4B

YAKIMA VALLEY FARM WORKERS CLINIC INSTITUTED SUPPLEMENTAL EXECUTIVE BENEFIT PLANS EFFECTIVE NOVEMBER 1, 2001. THESE PLANS PROVIDE FOR EMPLOYER-PAID LIFE INSURANCE AND A RETIREMENT BENEFIT PLAN FOR MANAGEMENT EXECUTIVES, CLINIC ADMINISTRATORS, PROGRAM DIRECTORS, EXECUTIVE SECRETARIES, FACILITY MANAGERS, BILLING MANAGERS, AND DENTAL COORDINATORS.