Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $3,945,019

• 1f · All other contributions, gifts and grants

  $46,655

• 2a · Program service revenue: Patient & Resident Revenue

  total $15,574,608 · related or exempt $15,574,608

• 2b · Program service revenue: 340B Pharmacy

  total $495,945 · related or exempt $495,945

• 2c · Program service revenue: Other Revenue

  total $169,068 · related or exempt $169,068

• 3 · Investment income

  total $27,242 · excluded $27,242

• 5 · Royalties

  total $327,263 · excluded $327,263

• 6a · Gross rents

  real property $9,468

• 6b · Less rental expenses

  real property $15,417

• 6c · Rental income or loss

  real property -$5,949

• 6d · Net rental income or loss

  total -$5,949 · excluded -$5,949

• 7a · Gross sales of assets other than inventory

  other assets $6,080

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

  securities $12,156 · other assets $0

• 7c · Gain or loss

  securities -$12,156 · other assets $6,080

• 7d · Net gain or loss

  total -$6,076 · excluded -$6,076

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,500 · program services $4,500

• 5 · Compensation of officers, directors and key employees

  total $323,006 · management and general $323,006

• 6 · Compensation of disqualified persons

  total $302,309 · program services $302,309

• 7 · Other salaries and wages

  total $6,911,103 · program services $5,620,881 · management and general $1,290,222

• 8 · Pension plan contributions

  total $262,232 · program services $211,763 · management and general $50,469

• 9 · Other employee benefits

  total $756,175 · program services $600,974 · management and general $155,201

• 10 · Payroll taxes

  total $497,980 · program services $392,101 · management and general $105,879

• 11b · Fees: legal

  total $7,153 · management and general $7,153

• 11c · Fees: accounting

  total $423,841 · management and general $423,841

• 11f · Fees: investment management

  total $5,910 · management and general $5,910

• 11g · Fees: other

  total $2,491,556 · program services $2,491,556

• 12 · Advertising and promotion

  total $40,369 · management and general $40,369

• 13 · Office expenses

  total $500,018 · program services $388,698 · management and general $111,320

• 14 · Information technology

  total $465,039 · management and general $465,039

• 16 · Occupancy

  total $406,800 · program services $403,779 · management and general $3,021

• 17 · Travel

  total $44,247 · program services $16,870 · management and general $27,377

• 19 · Conferences, conventions and meetings

  total $28,026 · program services $14,436 · management and general $13,590

• 20 · Interest

  total $122,486 · program services $122,486

• 22 · Depreciation, depletion and amortization

  total $1,164,775 · program services $1,114,326 · management and general $50,449

• 23 · Insurance

  total $94,709 · program services $94,709

• 24a · Other expenses: Medical Supplies

  total $1,347,257 · program services $1,347,257

• 24b · Other expenses: Repairs and Maintenance

  total $309,492 · program services $268,719 · management and general $40,773

• 24c · Other expenses: Food

  total $236,580 · program services $236,580

• 24d · Other expenses: Dues and Subscriptions

  total $26,566 · management and general $26,566

• 24e · All other expenses

  total $191,789 · program services $80,585 · management and general $111,204

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $5,653,523 · end of year $4,592,196

• 3 · Pledges and grants receivable

  end of year $10,695

• 4 · Accounts receivable

  beginning of year $2,866,507 · end of year $2,910,059

• 8 · Inventories for sale or use

  beginning of year $107,275 · end of year $94,179

• 9 · Prepaid expenses and deferred charges

  beginning of year $105,837 · end of year $133,955

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

  $26,667,458

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

  $15,684,242

• 10c · Land, buildings and equipment, net

  beginning of year $11,814,927 · end of year $10,983,216

• 11 · Investments: publicly traded securities

  beginning of year $1,853,054 · end of year $3,167,735

• 15 · Other assets

  beginning of year $205,871 · end of year $3,831,205

• 17 · Accounts payable and accrued expenses

  beginning of year $1,187,645 · end of year $934,659

• 19 · Deferred revenue

  beginning of year $333,831

• 21 · Escrow or custodial account liability

  beginning of year $11,075 · end of year $10,125

• 23 · Secured mortgages and notes payable

  beginning of year $6,190,509 · end of year $5,889,561

• 25 · Other liabilities

  beginning of year $0 · end of year $358,090

• 27 · Net assets without donor restrictions

  beginning of year $14,877,434 · end of year $18,524,305

• 28 · Net assets with donor restrictions

  beginning of year $6,500 · end of year $6,500

The filer's explanations (Part III)

Part I, Line 1a

The spending account is for a continuing medical education allowance. The doctors have an allowance of $4,000 per year for their continuing education. The board provides direction on the CME allowance. Review of the allowance is completed during each recruitment phase. An estimate is determined by the board based on a reasonable estimate provided by the recruiters. Total expenditures per person are reviewed and examined on an industry standard basis. These numbers are reevaluated each time a new doctor is recruited. Dr. Rotering and Jesse Mitchell live in a Tioga Medical Center apartment. The organization did include this as a taxable benefit income on their W-2.