Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $16,817

• 1e · Government grants (contributions)

  $9,539,720

• 1f · All other contributions, gifts and grants

  $1,279,552

• 1g · Noncash contributions included above

  $2,685,939

• 2a · Program service revenue: PATIENT REVENUE

  total $29,890,675 · related or exempt $29,890,675

• 2b · Program service revenue: OTHER MEDICAL REVENUE

  total $57,999 · related or exempt $57,999

• 3 · Investment income

  total $434,080 · excluded $434,080

• 6a · Gross rents

  real property $355,335

• 6b · Less rental expenses

  real property $409,601

• 6c · Rental income or loss

  real property -$54,266

• 6d · Net rental income or loss

  total -$54,266 · unrelated business -$54,266

• 8a · Fundraising events: gross income

  $0

• 8a · Fundraising events: contributions included on line 1c

  $16,817

• 8b · Fundraising events: direct expenses

  $7,195

• 8c · Net income from fundraising events

  total -$7,195 · excluded -$7,195

• 10a · Gross sales of inventory

  $5,881,515

• 10b · Cost of goods sold

  $2,574,400

• 10c · Net income from sales of inventory

  total $3,307,115 · related or exempt $3,307,115

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $1,438,357 · excluded $1,438,357

• 11e · Other revenue, total

  $1,438,357

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,194,353 · program services $156,934 · management and general $1,037,419

• 7 · Other salaries and wages

  total $25,680,128 · program services $18,093,289 · management and general $7,247,746 · fundraising $339,093

• 8 · Pension plan contributions

  total $142,222 · program services $120,038 · management and general $21,126 · fundraising $1,058

• 9 · Other employee benefits

  total $3,416,256 · program services $2,299,898 · management and general $1,097,053 · fundraising $19,305

• 10 · Payroll taxes

  total $1,998,733 · program services $1,323,959 · management and general $648,260 · fundraising $26,514

• 11b · Fees: legal

  total $580,813 · management and general $580,813

• 11c · Fees: accounting

  total $192,527 · management and general $192,527

• 11g · Fees: other

  total $4,098,934 · program services $3,021,046 · management and general $1,072,401 · fundraising $5,487

• 12 · Advertising and promotion

  total $339,216 · program services $71,805 · management and general $238,055 · fundraising $29,356

• 13 · Office expenses

  total $691,116 · program services $417,105 · management and general $216,179 · fundraising $57,832

• 16 · Occupancy

  total $2,135,013 · program services $1,545,316 · management and general $560,827 · fundraising $28,870

• 17 · Travel

  total $245,531 · program services $113,125 · management and general $132,115 · fundraising $291

• 19 · Conferences, conventions and meetings

  total $47,244 · program services $10,000 · management and general $33,156 · fundraising $4,088

• 20 · Interest

  total $107,401 · program services $8,295 · management and general $99,032 · fundraising $74

• 22 · Depreciation, depletion and amortization

  total $982,878 · program services $637,496 · management and general $316,450 · fundraising $28,932

• 23 · Insurance

  total $93,183 · program services $21,182 · management and general $72,001

• 24a · Other expenses: MEDICAL SUPPLIES

  total $4,011,686 · program services $4,011,686

• 24b · Other expenses: CONTINUING EDUCATION

  total $716,267 · program services $119,756 · management and general $594,457 · fundraising $2,054

• 24c · Other expenses: EQUIPMENT

  total $378,765 · program services $222,480 · management and general $147,212 · fundraising $9,073

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $162,476 · program services $69,722 · management and general $91,269 · fundraising $1,485

• 24e · All other expenses

  total $150,145 · program services $127,302 · management and general $20,859 · fundraising $1,984

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,195,179 · end of year $12,733,583

• 2 · Savings and temporary cash investments

  beginning of year $39,983 · end of year $148,335

• 4 · Accounts receivable

  beginning of year $3,073,618 · end of year $3,514,842

• 8 · Inventories for sale or use

  beginning of year $863,699 · end of year $312,214

• 9 · Prepaid expenses and deferred charges

  beginning of year $365,362 · end of year $250,007

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

  $10,308,108

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

  $3,229,175

• 10c · Land, buildings and equipment, net

  beginning of year $5,705,226 · end of year $7,078,933

• 14 · Intangible assets

  beginning of year $1,563,835 · end of year $1,359,683

• 15 · Other assets

  beginning of year $1,447,393 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $2,969,700 · end of year $2,919,345

• 19 · Deferred revenue

  beginning of year $409,687 · end of year $285,187

• 21 · Escrow or custodial account liability

  beginning of year $4,960 · end of year $1,560

• 23 · Secured mortgages and notes payable

  beginning of year $3,155,704 · end of year $2,751,818

• 24 · Unsecured notes and loans payable

  beginning of year $420,640 · end of year $138,327

• 25 · Other liabilities

  beginning of year $1,455,786 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $20,717,818 · end of year $19,301,360

• 28 · Net assets with donor restrictions

  beginning of year $120,000 · end of year $0

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PROVIDES ALL EMPLOYEES WITH A DISCOUNT AT TWO LOCAL HEALTH CLUBS. THE ORGANIZATION MAINTAINS A CORPORATE MEMBERSHIP AT A LOCAL GOLF CLUB, WHICH THE EXECUTIVES AND BOARD MEMBERS CAN USE FOR BUSINESS PURPOSES. USE OF THE GOLF CLUB IS NOT INCLUDED IN TAXABLE COMPENSATION.

PART I, LINE 5

SOME PHYSICIANS ARE COMPENSATED BASED ON INDIVIDUALS SERVED AND AMOUNTS COLLECTED.