Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $29,383

• 1e · Government grants (contributions)

  $61,452,459

• 1f · All other contributions, gifts and grants

  $4,664,692

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $115,520,892 · related or exempt $115,520,892

• 2b · Program service revenue: CLIENT FEES

  total $1,124,093 · related or exempt $1,124,093

• 3 · Investment income

  total $405,019 · excluded $405,019

• 6a · Gross rents

  real property $126,000

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $126,000

• 6d · Net rental income or loss

  total $126,000 · excluded $126,000

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,177,160 · program services $349,093 · management and general $1,828,067

• 7 · Other salaries and wages

  total $111,067,617 · program services $108,681,582 · management and general $2,386,035

• 9 · Other employee benefits

  total $10,194,874 · program services $6,575,985 · management and general $3,618,889

• 10 · Payroll taxes

  total $10,334,900 · program services $8,194,361 · management and general $2,140,539

• 11b · Fees: legal

  total $207,275 · management and general $207,275

• 11c · Fees: accounting

  total $138,943 · management and general $138,943

• 11g · Fees: other

  total $2,128,754 · program services $258,026 · management and general $1,870,728

• 12 · Advertising and promotion

  total $118,491 · program services $5,925 · management and general $112,566

• 13 · Office expenses

  total $510,767 · program services $339,822 · management and general $170,945

• 16 · Occupancy

  total $16,527,005 · program services $12,011,892 · management and general $4,515,113

• 17 · Travel

  total $412,552 · program services $400,682 · management and general $11,870

• 19 · Conferences, conventions and meetings

  total $351,514 · program services $32,824 · management and general $318,690

• 20 · Interest

  total $303,717 · program services $232,125 · management and general $71,592

• 22 · Depreciation, depletion and amortization

  total $1,697,794 · program services $958,589 · management and general $739,205

• 23 · Insurance

  total $797,815 · program services $251,643 · management and general $546,172

• 24a · Other expenses: EQUIPMENT - NON CAPITAL

  total $3,422,112 · program services $894,682 · management and general $2,527,430

• 24b · Other expenses: MEALS/FOOD

  total $1,934,630 · program services $1,931,701 · management and general $2,929

• 24c · Other expenses: HOSTING FEES

  total $982,970 · program services $249,968 · management and general $733,002

• 24d · Other expenses: MISCELLANEOUS

  total $850,999 · program services $139,632 · management and general $711,367

• 24e · All other expenses

  total $2,267,401 · program services $1,747,388 · management and general $520,013

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,071,508 · end of year $22,688,330

• 2 · Savings and temporary cash investments

  beginning of year $195,785 · end of year $180,002

• 4 · Accounts receivable

  beginning of year $19,630,976 · end of year $24,499,563

• 9 · Prepaid expenses and deferred charges

  beginning of year $746,550 · end of year $1,667,245

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

  $41,241,886

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

  $10,096,310

• 10c · Land, buildings and equipment, net

  beginning of year $26,556,424 · end of year $31,145,576

• 15 · Other assets

  beginning of year $3,156,265 · end of year $15,382,303

• 17 · Accounts payable and accrued expenses

  beginning of year $10,409,712 · end of year $12,302,796

• 19 · Deferred revenue

  beginning of year $200,451 · end of year $949,403

• 20 · Tax-exempt bond liabilities

  beginning of year $6,200,095 · end of year $5,888,775

• 21 · Escrow or custodial account liability

  beginning of year $740,179 · end of year $826,309

• 23 · Secured mortgages and notes payable

  beginning of year $8,718,197 · end of year $7,623,145

• 25 · Other liabilities

  beginning of year $2,364 · end of year $10,960,811

• 27 · Net assets without donor restrictions

  beginning of year $39,337,175 · end of year $56,193,101

• 28 · Net assets with donor restrictions

  beginning of year $749,335 · end of year $818,679

The filer's explanations (Part III)

PART I, LINE 4B

THE ORGANIZATION HAS A $500,000 DEFERRED COMPENSATION AGREEMENT FOR A KEY MEMBER OF BHN'S MANAGEMENT WHO RETIRED EFFECTIVE JUNE 30, 2021, AND SHALL BE PAID $50,000 ANNUALLY FOR A PERIOD OF TEN YEARS UPON RETIREMENT IN ACCORDANCE WITH THE AGREEMENT WITH THIS INDIVIDUAL. IN CONJUNCTION WITH THE DEFERRED COMPENSATION AGREEMENT, THE ORGANIZATION ALSO INVESTED $307,000 IN A DEFERRED VARIABLE ANNUITY CONTRACT TO PROVIDE FURTHER FUNDING FOR THESE ARRANGEMENTS. THE INVESTMENT IS COMPRISED OF A TEN-YEAR GUARANTEED STABLE VALUE FUND AND A MML MODERATE ALLOCATION FUND.