Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $78,048

• 1f · All other contributions, gifts and grants

  $3,994

• 2a · Program service revenue: Membership Dues

  total $3,652,702 · related or exempt $3,652,702

• 2b · Program service revenue: Educational Programs

  total $358,313 · related or exempt $358,313

• 2c · Program service revenue: Special Projects

  total $243,160 · related or exempt $243,160

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $486,870 · excluded $486,870

• 6c · Rental income or loss

  real property $0 · personal property $0

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

  securities $32,801

• 7c · Gain or loss

  securities -$32,801 · other assets $0

• 7d · Net gain or loss

  total -$32,801 · excluded -$32,801

• 11a · Other revenue: Miscellaneous Revenue

  total $28,817 · excluded $28,817

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $28,817

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $36,182

• 5 · Compensation of officers, directors and key employees

  total $972,894

• 7 · Other salaries and wages

  total $2,836,849

• 8 · Pension plan contributions

  total $26,296

• 9 · Other employee benefits

  total $789,601

• 10 · Payroll taxes

  total $215,871

• 11b · Fees: legal

  total $10,850

• 11c · Fees: accounting

  total $73,647

• 11d · Fees: lobbying

  total $27,967

• 11g · Fees: other

  total $438,463

• 13 · Office expenses

  total $490,318

• 14 · Information technology

  total $34,345

• 16 · Occupancy

  total $356

• 17 · Travel

  total $62,785

• 19 · Conferences, conventions and meetings

  total $329,892

• 22 · Depreciation, depletion and amortization

  total $46,166

• 23 · Insurance

  total $39,077

• 24a · Other expenses: Miscellaneous

  total $1,465

• 24b · Other expenses: General/Admin Expense Allocation

  total -$1,023,152

• 24e · All other expenses

  total $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $75 · end of year $75

• 2 · Savings and temporary cash investments

  beginning of year $2,110,145 · end of year $2,460,658

• 3 · Pledges and grants receivable

  beginning of year $6,730 · end of year $4,766

• 4 · Accounts receivable

  beginning of year $129,073 · end of year $47,249

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $133,205 · end of year $146,156

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

  $568,271

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

  $373,311

• 10c · Land, buildings and equipment, net

  beginning of year $241,126 · end of year $194,960

• 11 · Investments: publicly traded securities

  beginning of year $18,108,615 · end of year $16,599,761

• 12 · Investments: other securities

  beginning of year $54,182 · end of year $54,182

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $2,124,538 · end of year $1,669,091

• 17 · Accounts payable and accrued expenses

  beginning of year $974,049 · end of year $801,647

• 19 · Deferred revenue

  beginning of year $9,189 · end of year $19,850

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $4,420,169 · end of year $1,315,522

• 25 · Other liabilities

  beginning of year $262,163 · end of year $664,914

• 27 · Net assets without donor restrictions

  beginning of year $16,999,303 · end of year $18,131,257

• 28 · Net assets with donor restrictions

  beginning of year $242,816 · end of year $243,708

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions

BOARD APPROVED A SET ALLOWANCE FOR CEO COMPANION TRAVEL. COSTS OVER AND ABOVE THAT LIMIT ARE REIMBURSED BACK TO SCHA.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THORNTON KIRBY PARTICIPATES IN A 457(F) PLAN WITH THE ORGANIZATION. ALLOCATIONS FOR THE CURRENT YEAR WERE $167,300. DEFERRED AMOUNTS VEST ON THE DATE THAT IS THE EARLIEST OF: (I) THE DATE SET FORTH ON THE ELECTION FORM; (II) THE SPECIAL VESTING DATE PROVIDED IN THE AGREEMENT, (III) DEATH WHILE AN EMPLOYEE, OR (IV) THE DATE OF A TOTAL AND PERMANENT DISABILITY WHILE AN EMPLOYEE.

Schedule J, Part I, Line 7

THORNTON KIRBY RECEIVES AN ANNUAL INCENTIVE BONUS FOR ACHIEVEMENT OF BOARD GOALS. THE AMOUNT IS DETERMINED BY THE BOARD OF SCHA AFTER THE END OF EACH YEAR. ALL EXECUTIVE-LEVEL EMPLOYEES RECEIVE NON-FIXED BONUSES AT YEAR END.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• Solvent Networks

  C Corporation · Healthcare · SC · 100% owned · share of income $470,903 · share of assets $6,207,115 · controlled entity

  Directly controlled by South Carolina Hospital Association