Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $61,010

• 2a · Program service revenue: MEDICAID

  total $7,841,432 · related or exempt $7,841,432

• 2b · Program service revenue: PARTICIPANT FEES

  total $358,819 · related or exempt $358,819

• 3 · Investment income

  total $80,981 · excluded $80,981

• 7a · Gross sales of assets other than inventory

  securities $304,486

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

  securities $306,051

• 7c · Gain or loss

  securities -$1,565

• 7d · Net gain or loss

  total -$1,565 · excluded -$1,565

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $4,812,803 · program services $4,812,803

• 8 · Pension plan contributions

  total $196,263 · program services $196,263

• 9 · Other employee benefits

  total $664,079 · program services $664,079

• 10 · Payroll taxes

  total $358,779 · program services $358,779

• 11a · Fees: management

  total $626,482 · management and general $626,482

• 11c · Fees: accounting

  total $8,750 · program services $8,750

• 13 · Office expenses

  total $118,747 · program services $118,747

• 16 · Occupancy

  total $704,062 · program services $704,062

• 17 · Travel

  total $36,735 · program services $36,735

• 22 · Depreciation, depletion and amortization

  total $26,238 · program services $26,238

• 23 · Insurance

  total $13,407 · program services $13,407

• 24a · Other expenses: FOOD

  total $106,438 · program services $106,438

• 24b · Other expenses: MAINTENANCE AND REPAIR

  total $47,878 · program services $47,878

• 24c · Other expenses: TRAINING AND RECRUITING

  total $24,775 · program services $24,775

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $10,528 · program services $10,528

• 24e · All other expenses

  total $3,578 · program services $3,578

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,147,322 · end of year $3,311,914

• 2 · Savings and temporary cash investments

  beginning of year $267,011 · end of year $233,477

• 4 · Accounts receivable

  beginning of year $951,777 · end of year $744,513

• 9 · Prepaid expenses and deferred charges

  beginning of year $109,491 · end of year $60,696

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

  $498,709

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

  $448,642

• 10c · Land, buildings and equipment, net

  beginning of year $66,075 · end of year $50,067

• 11 · Investments: publicly traded securities

  beginning of year $1,092,223 · end of year $1,176,617

• 12 · Investments: other securities

  beginning of year $2,511,832 · end of year $3,165,293

• 15 · Other assets

  beginning of year $1,380,935 · end of year $491,150

• 17 · Accounts payable and accrued expenses

  beginning of year $559,539 · end of year $1,003,101

• 19 · Deferred revenue

  beginning of year $63,117 · end of year $2,107

• 25 · Other liabilities

  beginning of year $210,151 · end of year $328,620

• 27 · Net assets without donor restrictions

  beginning of year $6,693,859 · end of year $7,899,899

The filer's explanations (Part III)

PART I, LINE 3

NYSARC, INC. - MONTGOMERY COUNTY CHAPTER, AN AFFILIATE OF THE REPORTING ORGANIZATION, PAID COMPENSATION TO THE REPORTING ORGANIZATION'S TOP MANAGEMENT OFFICIALS. THE CHAPTER HAS ESTABLISHED THE COMPENSATION OF THE TOP MANAGEMENT OFFICIALS USING AN INDEPENDENT COMPENSATION CONSULTANT, FORM 990S OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS OR STUDIES, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

PART I, LINE 4B

JENNIFER SAUNDERS - $15000