Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $7,469

• 1e · Government grants (contributions)

  $1,677,789

• 1f · All other contributions, gifts and grants

  $277,004

• 1g · Noncash contributions included above

  $534

• 2a · Program service revenue: Net Patient Service Re

  total $6,936,851 · related or exempt $6,936,851

• 2b · Program service revenue: Misc Income

  total $399,796 · related or exempt $399,796

• 2c · Program service revenue: Medicine Chest Revenue

  total $295,387 · related or exempt $295,387

• 3 · Investment income

  total $60,536 · excluded $60,536

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

  securities $783

• 7c · Gain or loss

  securities -$783

• 7d · Net gain or loss

  total -$783 · excluded -$783

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $304,278 · management and general $304,278

• 7 · Other salaries and wages

  total $4,712,975 · program services $3,703,134 · management and general $1,009,841

• 8 · Pension plan contributions

  total $139,098 · program services $111,276 · management and general $27,822

• 9 · Other employee benefits

  total $740,457 · program services $556,128 · management and general $184,329

• 10 · Payroll taxes

  total $368,729 · program services $296,250 · management and general $72,479

• 11c · Fees: accounting

  total $77,846 · management and general $77,846

• 11f · Fees: investment management

  total $12,307 · management and general $12,307

• 11g · Fees: other

  total $179,833 · program services $38,262 · management and general $141,571

• 13 · Office expenses

  total $143,572 · program services $106,903 · management and general $36,669

• 14 · Information technology

  total $247,882 · program services $184,573 · management and general $63,309

• 16 · Occupancy

  total $95,625 · program services $71,203 · management and general $24,422

• 17 · Travel

  total $205,805 · program services $194,466 · management and general $11,339

• 22 · Depreciation, depletion and amortization

  total $57,423 · program services $42,757 · management and general $14,666

• 23 · Insurance

  total $56,497 · program services $42,068 · management and general $14,429

• 24a · Other expenses: Other Expenses

  total $547,889 · program services $407,321 · management and general $140,568

• 24b · Other expenses: Medicaid Tax

  total $303,771 · program services $303,771

• 24c · Other expenses: Program Supplies

  total $251,257 · program services $251,257

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $362,869 · end of year $440,349

• 2 · Savings and temporary cash investments

  beginning of year $2,610,021 · end of year $3,031,506

• 4 · Accounts receivable

  beginning of year $1,053,067 · end of year $1,043,527

• 8 · Inventories for sale or use

  beginning of year $105,859 · end of year $138,492

• 9 · Prepaid expenses and deferred charges

  beginning of year $45,917 · end of year $145,853

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

  $1,820,437

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

  $1,338,286

• 10c · Land, buildings and equipment, net

  beginning of year $296,188 · end of year $482,151

• 12 · Investments: other securities

  beginning of year $1,688,370 · end of year $2,594,660

• 14 · Intangible assets

  beginning of year $20,366 · end of year $17,922

• 15 · Other assets

  beginning of year $251,218 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $583,005 · end of year $644,943

• 25 · Other liabilities

  beginning of year $27,172 · end of year $32,892

• 27 · Net assets without donor restrictions

  beginning of year $5,683,265 · end of year $7,071,564

• 28 · Net assets with donor restrictions

  beginning of year $140,433 · end of year $145,061

The filer's explanations (Part III)

Part I, Line 7

The Board of Directors chose to provide a $2,581 bonus to CEO, Deb Wesley in recognition of her hard work and dedication to the agency.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• The Medicine Chest LLC

  Medical Equipment Retailer · VT · income $295,387 · assets $704,712

  Directly controlled by Addison County Home Health & Hospice Inc