Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $36,845

• 2a · Program service revenue: RENTAL FROM AFFILIATES

  total $110,439 · related or exempt $110,439

• 2b · Program service revenue: PROGRAMS

  total $13,370 · related or exempt $13,370

• 3 · Investment income

  total $692,670 · unrelated business $326,076 · excluded $366,594

• 6a · Gross rents

  real property $139,500

• 6b · Less rental expenses

  real property $90,041

• 6c · Rental income or loss

  real property $49,459

• 6d · Net rental income or loss

  total $49,459 · unrelated business $49,459

• 11a · Other revenue: VENDING MACHINE

  total $131 · excluded $131

• 11e · Other revenue, total

  $131

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,855,942 · program services $1,855,942

• 5 · Compensation of officers, directors and key employees

  total $458,267 · program services $80,788 · management and general $303,272 · fundraising $74,207

• 8 · Pension plan contributions

  total $10,437 · program services $2,014 · management and general $6,767 · fundraising $1,656

• 9 · Other employee benefits

  total $60,765 · program services $11,724 · management and general $39,400 · fundraising $9,641

• 10 · Payroll taxes

  total $20,966 · program services $11,675 · management and general $7,465 · fundraising $1,826

• 11b · Fees: legal

  total $20,637 · management and general $20,637

• 11c · Fees: accounting

  total $56,631 · management and general $56,631

• 11f · Fees: investment management

  total $239,335 · management and general $239,335

• 11g · Fees: other

  total $49,081 · program services $35,621 · management and general $1,070 · fundraising $12,390

• 13 · Office expenses

  total $57,547 · program services $21,691 · management and general $14,165 · fundraising $21,691

• 16 · Occupancy

  total $254,979 · management and general $244,944 · fundraising $10,035

• 17 · Travel

  total $3,960 · management and general $3,960

• 19 · Conferences, conventions and meetings

  total $8,830 · program services $5,059 · management and general $3,771

• 20 · Interest

  total $90,026 · management and general $90,026

• 22 · Depreciation, depletion and amortization

  total $178,450 · management and general $178,450

• 24a · Other expenses: UBI TAX

  total $110,000 · management and general $110,000

• 24b · Other expenses: TAXES & LICENSES

  total $61,276 · program services $2,915 · management and general $57,611 · fundraising $750

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $353,606 · end of year $205,510

• 4 · Accounts receivable

  beginning of year $295,306 · end of year $340,499

• 9 · Prepaid expenses and deferred charges

  beginning of year $21,709 · end of year $79,150

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

  $4,510,348

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

  $2,184,504

• 10c · Land, buildings and equipment, net

  beginning of year $2,482,562 · end of year $2,325,844

• 12 · Investments: other securities

  beginning of year $110,923,075 · end of year $94,556,007

• 17 · Accounts payable and accrued expenses

  beginning of year $177,798 · end of year $194,454

• 23 · Secured mortgages and notes payable

  beginning of year $1,928,841 · end of year $1,800,191

• 25 · Other liabilities

  beginning of year $366,500 · end of year $311,857

• 27 · Net assets without donor restrictions

  beginning of year $110,176,263 · end of year $93,947,282

• 28 · Net assets with donor restrictions

  beginning of year $1,426,856 · end of year $1,253,226

The filer's explanations (Part III)

PART I, LINE 1A

COLUMBUS MEDICAL ASSOCIATION FOUNDATION PROVIDES A MEMBERSHIP TO AN ATHLETIC CLUB FOR THE CEO. THE PRIMARY PURPOSE OF THIS MEMBERSHIP IS FOR THE CEO TO BE ABLE TO HOLD MEETINGS AT THIS LOCATION.