Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $77,994

• 1e · Government grants (contributions)

  $176,191

• 1f · All other contributions, gifts and grants

  $471,897

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $44,355,048 · related or exempt $44,355,048

• 2b · Program service revenue: PHARMACY REVENUE

  total $408,274 · related or exempt $408,274

• 3 · Investment income

  total $499,340 · excluded $499,340

• 6a · Gross rents

  real property $730,334

• 6b · Less rental expenses

  real property $148,013

• 6c · Rental income or loss

  real property $582,321

• 6d · Net rental income or loss

  total $582,321 · excluded $582,321

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

  other assets $18,020

• 7c · Gain or loss

  other assets -$18,020

• 7d · Net gain or loss

  total -$18,020 · excluded -$18,020

• 8a · Fundraising events: gross income

  $8,594

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

  $77,994

• 8b · Fundraising events: direct expenses

  $13,401

• 8c · Net income from fundraising events

  total -$4,807 · excluded -$4,807

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $267,970 · excluded $267,970

• 11b · Other revenue: INVESTMENT IN AFFILIATES

  total -$274,139 · excluded -$274,139

• 11e · Other revenue, total

  -$6,169

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $17,135 · program services $17,135

• 7 · Other salaries and wages

  total $22,509,328 · program services $19,903,241 · management and general $2,606,087

• 8 · Pension plan contributions

  total $300,396 · program services $235,249 · management and general $65,147

• 9 · Other employee benefits

  total $2,552,918 · program services $1,999,264 · management and general $553,654

• 10 · Payroll taxes

  total $1,579,898 · program services $1,237,264 · management and general $342,634

• 11b · Fees: legal

  total $368,673 · management and general $368,673

• 11c · Fees: accounting

  total $96,442 · management and general $96,442

• 11f · Fees: investment management

  total $121,696 · management and general $121,696

• 11g · Fees: other

  total $7,109,043 · program services $5,616,308 · management and general $1,492,735

• 12 · Advertising and promotion

  total $130,385 · program services $79,169 · management and general $51,216

• 13 · Office expenses

  total $232,403 · program services $141,113 · management and general $91,290

• 16 · Occupancy

  total $543,984 · program services $431,112 · management and general $112,872

• 17 · Travel

  total $131,544 · program services $79,872 · management and general $51,672

• 20 · Interest

  total $4,389 · program services $4,033 · management and general $356

• 22 · Depreciation, depletion and amortization

  total $1,686,776 · program services $1,614,303 · management and general $72,473

• 23 · Insurance

  total $555,829 · program services $144,000 · management and general $411,829

• 24a · Other expenses: MEDICAL SUPPLIES

  total $3,363,346 · program services $3,277,245 · management and general $86,101

• 24b · Other expenses: TAXES AND LICENSES

  total $1,581,153 · program services $960,061 · management and general $621,092

• 24c · Other expenses: BAD DEBT EXPENSE

  total $801,738 · program services $801,738

• 24d · Other expenses: MINOR EQUIPMENT

  total $587,155 · program services $356,515 · management and general $230,640

• 24e · All other expenses

  total $960,472 · program services $669,103 · management and general $291,369

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $76,731 · end of year $2,191,295

• 2 · Savings and temporary cash investments

  beginning of year $11,088,581 · end of year $7,098,594

• 3 · Pledges and grants receivable

  beginning of year $73,809 · end of year $0

• 4 · Accounts receivable

  beginning of year $4,667,286 · end of year $9,440,918

• 8 · Inventories for sale or use

  beginning of year $275,470 · end of year $271,241

• 9 · Prepaid expenses and deferred charges

  beginning of year $342,824 · end of year $203,385

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

  $41,436,448

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

  $28,069,302

• 10c · Land, buildings and equipment, net

  beginning of year $13,199,565 · end of year $13,367,146

• 13 · Investments: program-related

  beginning of year $1,119,944 · end of year $845,805

• 15 · Other assets

  beginning of year $3,426,546 · end of year $2,828,659

• 17 · Accounts payable and accrued expenses

  beginning of year $2,039,538 · end of year $3,297,611

• 18 · Grants payable

  beginning of year $0 · end of year $130,964

• 19 · Deferred revenue

  beginning of year $442 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $90,335 · end of year $7,093

• 25 · Other liabilities

  beginning of year $569,621 · end of year $582,035

• 27 · Net assets without donor restrictions

  beginning of year $30,567,287 · end of year $32,183,619

• 28 · Net assets with donor restrictions

  beginning of year $1,003,533 · end of year $45,721

The filer's explanations (Part III)

PART I, LINE 3

THE COMPENSATION OF THE OFFICERS IS PAID BY A RELATED ORGANIZATION. THAT ORGANIZATION USES SOME OF THE METHODS IN LINE 3 TO ESTABLISH COMPENSATION.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• THUMB MRI LLC

  RELATED · IMAGING · MI · 33.33% owned · share of income $73,840 · share of assets $1,063,129 · general or managing partner