Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $846

• 1d · Related organizations

  $798,425

• 1e · Government grants (contributions)

  $15,942,909

• 1f · All other contributions, gifts and grants

  $6,747,167

• 1g · Noncash contributions included above

  $1,432,710

• 2a · Program service revenue: PATIENT SERVICES REVENUE

  total $44,072,525 · related or exempt $44,072,525

• 2b · Program service revenue: 340B PHARMACY

  total $7,902,505 · related or exempt $7,902,505

• 3 · Investment income

  total $52,568 · excluded $52,568

• 6a · Gross rents

  real property $206,872

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $206,872

• 6d · Net rental income or loss

  total $206,872 · excluded $206,872

• 11a · Other revenue: OTHER REVENUE

  total $329,686 · related or exempt $329,686

• 11b · Other revenue: CONSULTING SERVICES

  total $26,989 · unrelated business $26,989

• 11c · Other revenue: MEDICAL RECORDS

  total $18,531 · related or exempt $18,531

• 11e · Other revenue, total

  $375,206

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,241,467 · program services $1,241,467

• 5 · Compensation of officers, directors and key employees

  total $1,234,326 · program services $462,674 · management and general $771,652

• 7 · Other salaries and wages

  total $39,516,881 · program services $31,949,056 · management and general $7,567,825

• 8 · Pension plan contributions

  total $569,865 · program services $529,729 · management and general $40,136

• 9 · Other employee benefits

  total $4,062,773 · program services $3,268,764 · management and general $794,009

• 10 · Payroll taxes

  total $3,438,584 · program services $2,743,529 · management and general $695,055

• 11b · Fees: legal

  total $182,607 · management and general $182,607

• 11c · Fees: accounting

  total $338,414 · management and general $338,414

• 11g · Fees: other

  total $3,993,073 · program services $3,553,072 · management and general $440,001

• 13 · Office expenses

  total $895,751 · program services $728,105 · management and general $167,646

• 14 · Information technology

  total $1,969,450 · program services $1,571,357 · management and general $398,093

• 16 · Occupancy

  total $4,025,841 · program services $3,447,643 · management and general $578,198

• 17 · Travel

  total $455,384 · program services $363,335 · management and general $92,049

• 19 · Conferences, conventions and meetings

  total $59,300 · program services $47,313 · management and general $11,987

• 20 · Interest

  total $592,998 · program services $507,830 · management and general $85,168

• 22 · Depreciation, depletion and amortization

  total $2,238,953 · program services $1,917,391 · management and general $321,562

• 23 · Insurance

  total $460,722 · program services $393,940 · management and general $66,782

• 24a · Other expenses: CONSUMABLE SUPPLIES

  total $4,479,317 · program services $4,047,057 · management and general $432,260

• 24b · Other expenses: OTHER EXPENSES

  total $364,495 · program services $133,918 · management and general $230,577

• 24c · Other expenses: RECRUITMENT

  total $156,569 · program services $124,921 · management and general $31,648

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $137,553 · program services $109,749 · management and general $27,804

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,306,298 · end of year $6,913,970

• 2 · Savings and temporary cash investments

  end of year $254,028

• 3 · Pledges and grants receivable

  beginning of year $4,742,601 · end of year $3,142,752

• 4 · Accounts receivable

  beginning of year $6,004,470 · end of year $5,098,938

• 9 · Prepaid expenses and deferred charges

  beginning of year $697,666 · end of year $355,138

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

  $62,074,861

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

  $21,339,376

• 10c · Land, buildings and equipment, net

  beginning of year $39,661,654 · end of year $40,735,485

• 12 · Investments: other securities

  beginning of year $2,121,271 · end of year $1,371,413

• 14 · Intangible assets

  beginning of year $1,316,045 · end of year $1,182,567

• 15 · Other assets

  beginning of year $3,838,012 · end of year $2,904,939

• 17 · Accounts payable and accrued expenses

  beginning of year $7,023,955 · end of year $4,872,480

• 19 · Deferred revenue

  beginning of year $1,302,187 · end of year $1,390,147

• 23 · Secured mortgages and notes payable

  beginning of year $13,857,536 · end of year $11,116,564

• 25 · Other liabilities

  beginning of year $5,312,598 · end of year $3,007,817

• 27 · Net assets without donor restrictions

  beginning of year $29,826,804 · end of year $40,841,859

• 28 · Net assets with donor restrictions

  beginning of year $5,364,937 · end of year $730,363

The filer's explanations (Part III)

PART I, LINE 4B

THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN AND RECEIVED EMPLOYER PAID AMOUNTS THAT ARE INCLUDED IN DEFERRED COMPENSATION: DAVID JOLLY - $80,000 AMY BOLOGNESE - $15,450 AVI K. SILBER - $60,000

PART I, LINE 7

INCLUDED ON SCHEDULE J, PART II, COLUMN B(II) ARE AMOUNTS REPRESENTING PERFORMANCE INCENTIVES. THESE AMOUNTS WERE APPROVED BY THE BOARD OF DIRECTORS.

Disregarded entities

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

• GHV HEALTHCARE SOLUTIONS LLC

  HEALTHCARE CONSULTING · NY · income $26,989 · assets $414,098

  Directly controlled by CORNERSTONE FAMILY HEALTHCARE