Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $27,514,993

• 1f · All other contributions, gifts and grants

  $220,000

• 2a · Program service revenue: SERVICE FEES

  total $14,046,102 · related or exempt $14,046,102

• 2b · Program service revenue: RENTAL AND REGISTRATION REVENUE

  total $7,903,446 · related or exempt $7,545,580 · unrelated business $357,866

• 2c · Program service revenue: MEMBERSHIP DUES

  total $7,592,922 · related or exempt $7,592,922

• 2d · Program service revenue: MANAGEMENT FEES

  total $3,070,770 · related or exempt $3,070,770

• 2e · Program service revenue: ADMINISTRATIVE FEES

  total $518,230 · related or exempt $518,230

• 3 · Investment income

  total $1,002,064 · excluded $1,002,064

• 7a · Gross sales of assets other than inventory

  securities $12,000

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

  securities $0

• 7c · Gain or loss

  securities $12,000

• 7d · Net gain or loss

  total $12,000 · excluded $12,000

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $33,957,317

• 5 · Compensation of officers, directors and key employees

  total $1,751,505

• 7 · Other salaries and wages

  total $8,869,692

• 8 · Pension plan contributions

  total $1,052,164

• 9 · Other employee benefits

  total $1,126,045

• 10 · Payroll taxes

  total $502,356

• 11b · Fees: legal

  total $233,604

• 11c · Fees: accounting

  total $75,260

• 11f · Fees: investment management

  total $897,382

• 11g · Fees: other

  total $3,613,043

• 13 · Office expenses

  total $629,224

• 16 · Occupancy

  total $1,214,617

• 17 · Travel

  total $1,620,872

• 22 · Depreciation, depletion and amortization

  total $398,545

• 23 · Insurance

  total $132,637

• 24a · Other expenses: TAXES

  total $238,024

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $215,496

• 24c · Other expenses: BANK FEES

  total $168,942

• 24d · Other expenses: SPONSORSHIPS

  total $166,000

• 24e · All other expenses

  total $267,151

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,045,838 · end of year $579,251

• 2 · Savings and temporary cash investments

  beginning of year $9,392,037 · end of year $14,287,119

• 4 · Accounts receivable

  beginning of year $54,849,334 · end of year $1,961,665

• 7 · Other notes and loans receivable

  beginning of year $7,079,017 · end of year $7,835,779

• 9 · Prepaid expenses and deferred charges

  beginning of year $549,154 · end of year $566,082

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

  $15,068,861

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

  $5,612,884

• 10c · Land, buildings and equipment, net

  beginning of year $9,474,734 · end of year $9,455,977

• 12 · Investments: other securities

  beginning of year $1,240,054 · end of year $3,340,487

• 15 · Other assets

  beginning of year $2,026,150 · end of year $1,498,815

• 17 · Accounts payable and accrued expenses

  beginning of year $58,204,558 · end of year $6,402,555

• 19 · Deferred revenue

  beginning of year $684,653 · end of year $59,865

• 23 · Secured mortgages and notes payable

  beginning of year $4,117,065 · end of year $3,890,637

• 25 · Other liabilities

  beginning of year $4,817,651 · end of year $6,485,232

• 27 · Net assets without donor restrictions

  beginning of year $17,832,391 · end of year $22,686,886

The filer's explanations (Part III)

PART I, LINE 1A

CHARTER TRAVEL IS USED BY BOARD MEMBERS FOR BUSINESS ONLY AND IS NOT TAXED AS COMPENSATION. DISCRETIONARY SPENDING ACCOUNTS ARE USED FOR SELECT INDIVIDUALS AND IS TAXED AS COMPENSATION. BUSINESS CLUBS ARE FOR EXECUTIVE STAFF AND USED FOR BUSINESS PURPOSES, THEREFORE THEY ARE NOT TAXED AS COMPENSATION.

PART I, LINE 4B

THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: - LAURA APPEL - CHARLIE JOHNSON - NANCY MCKEAGUE - BRIAN PETERS - SAM WATSON - CHRISTOPHER MITCHELL THE FOLLOWING INDIVIDUALS RECEIVED A PAYMENT FROM THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN THE CURRENT YEAR: - CHARLIE JOHNSON - $15,391 - NANCY MCKEAGUE - $30,293 - BRIAN PETERS - $169,425 - SAM WATSON - $19,665 - LAURA APPEL - $23,095 - CHRISTOPHER MITCHELL - $172,890

PART I, LINE 7

THE ORGANIZATION PROVIDES NON-FIXED PAYMENTS TO EMPLOYEES ON AN ANNUAL BASIS. THESE BONUSES ARE DISCRETIONARY IN NATURE. THE NON-FIXED PAYMENTS ARE REPORTED AS AMOUNT PROVIDED TO EACH INDIVIDUAL IS DETERMINED BY THE BOARD AND IS BONUS/INCENTIVE COMPENSATION IN PART II OF SCHEDULE J.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• MHA SERVICE CORPORATION

  C · SERVICES TO HOSPITALS · MI · 100% owned · share of income $6,362,071 · share of assets $5,779,295 · controlled entity

  Directly controlled by MICHIGAN HEALTH & HOSPITAL ASSOCIATION