Skip to content
Nonprofiteer
← THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE

Form 990 for tax year 2022

Filed by THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE.

Totals

Total revenue
$398,968
Total expenses
$329,173
Contributions and grants received
$394,641
Grants paid
$75,000
Program service revenue
$0
Investment income
$132
Other revenue
$4,195
Total assets, end of year
$744,623
Total liabilities, end of year
$113,528
Net assets or fund balances, end of year
$631,095
Program services expenses (Part IX)
$185,343
Management and general expenses
$99,762
Fundraising expenses
$44,068
Program service expenses (Part III)
$185,343

Program services were 56.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $17,875

  • 1f · All other contributions, gifts and grants

    $376,766

  • 3 · Investment income

    total $132 · excluded $132

  • 8a · Fundraising events: gross income

    $7,460

  • 8b · Fundraising events: direct expenses

    $3,265

  • 8c · Net income from fundraising events

    total $4,195 · excluded $4,195

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,000 · program services $50,000

  • 2 · Grants to domestic individuals

    total $25,000 · program services $25,000

  • 7 · Other salaries and wages

    total $117,917 · program services $47,167 · management and general $47,167 · fundraising $23,583

  • 9 · Other employee benefits

    total $12,991 · program services $5,196 · management and general $5,197 · fundraising $2,598

  • 10 · Payroll taxes

    total $9,296 · program services $3,719 · management and general $3,718 · fundraising $1,859

  • 11c · Fees: accounting

    total $8,000 · management and general $8,000

  • 11g · Fees: other

    total $8,745 · program services $2,450 · management and general $1,503 · fundraising $4,792

  • 12 · Advertising and promotion

    total $225 · management and general $225

  • 13 · Office expenses

    total $16,992 · program services $2,672 · management and general $8,643 · fundraising $5,677

  • 14 · Information technology

    total $11,025 · management and general $11,025

  • 16 · Occupancy

    total $15,040 · program services $6,497 · management and general $5,695 · fundraising $2,848

  • 17 · Travel

    total $22,589 · program services $18,044 · management and general $3,565 · fundraising $980

  • 19 · Conferences, conventions and meetings

    total $8,547 · program services $6,994 · management and general $1,553

  • 22 · Depreciation, depletion and amortization

    total $3,758 · program services $1,504 · management and general $1,502 · fundraising $752

  • 23 · Insurance

    total $1,538 · management and general $1,538

  • 24a · Other expenses: REGISTRATION FEES

    total $16,100 · program services $16,100

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $979 · fundraising $979

  • 24c · Other expenses: MISCELLANEOUS

    total $431 · management and general $431

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $195,586 · end of year $330,770

  • 2 · Savings and temporary cash investments

    beginning of year $237,412 · end of year $237,412

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

    $13,385

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

    $3,758

  • 10c · Land, buildings and equipment, net

    beginning of year $2,939 · end of year $9,627

  • 12 · Investments: other securities

    beginning of year $196,520 · end of year $166,814

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,593 · end of year $5,608

  • 25 · Other liabilities

    beginning of year $30,858 · end of year $107,920

  • 27 · Net assets without donor restrictions

    beginning of year $591,006 · end of year $580,149

  • 28 · Net assets with donor restrictions

    end of year $50,946

Mission and programs · 2022

Mission

TO ADVANCE EXCELLENCE AND INNOVATION IN THE LONG-TERM CARE CONTINUUM THROUGH RESEARCH AND ITS TRANSLATION INTO PRACTICE.

  • AWARDS AND GRANTS FUNDING PROJECTS - THE FOUNDATION ACCEPTS REQUESTS FOR FUNDING THAT MEET ITS MISSION AREAS OF SUPPORTING RESEARCH, CLINICAL PRACTICE TOOLS, EDUCATION AND WORKFORCE DEVELOPMENT INITIATIVES. GUIDELINES FOR SUBMITTING PROPOSALS HAVE BEEN DEVELOPED AND PROCEDURES ARE IN PLACE FOR A COMMITTEE OF VOLUNTEERS TO REVIEW AND RECOMMEND FUNDING PROJECTS TO THE FOUNDATION BOARD OF DIRECTORS FOR APPROVAL.

    Expenses $91,628 · Grants $75,000

  • INDUSTRY PROGRAMS - THE FOUNDATION HOSTS THE ANNUAL INDUSTRY ADVISORY BOARD (IAB) PROGRAM TO CONNECT CORPORATE INDUSTRY LEADERS WITH PALTC PRACTITIONERS AND MEDICAL LEADERS FOR COLLABORATIVE DISCUSSIONS FOR THE BENEFIT OF THE EXCELLENCE IN THE DELIVERY OF PALTC CARE.

    Expenses $56,685

  • ANNUAL CONFERENCE - THE FOUNDATION PARTICIPATES IN AMDA'S ANNUAL CONFERENCE BY PROMOTING ITS MISSION, AND IMPACT FROM THE PRIOR YEAR, WHILE RECOGNIZING EXISTING DONORS AND ENCOURAGING FUTURE DONOR ENGAGEMENT. THE FOUNDATION ALSO RECOGNIZES EXCELLENCE IN THE FIELD OF POST-ACUTE AND LONG-TERM CARE ("PALTC") THROUGH ITS ANNUAL EXCELLENCE AWARDS PROGRAM PUBLICLY RECOGNIZING THOSE WHO HAVE BEEN NOMINATED AND SELECTED FOR THE FOUR NAMED INDIVIDUAL AWARDS. THE FOUNDATION FUNDS AMDA'S FUTURES PROGRAM, A WORKFORCE DEVELOPMENT INITIATIVE MANAGED WHICH IS AN INTENSIVE LEARNING EXPERIENCE DESIGNED TO EXPOSE RESIDENTS, FELLOWS, AND ADVANCED PRACTITIONERS TO THE CAREER OPPORTUNITIES AVAILABLE IN POST-ACUTE AND LONG-TERM CARE MEDICINE.

    Expenses $37,030

As filed on the 2022 return.

Listed in Part VII

  • James Lett MD Cmdr

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • Susan Levy MD Cmd

    CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • J Kenneth Brubaker MD Cmd

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    2.5

  • Heidi White MD Med MPH Cmd

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • Denise Wassenaar RN Ms Nha

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2.5

  • Barbara Zarowitz Pharmd Bcgp Fccp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2.5

  • Christopher E Laxton Cae

    EXECUTIVE DIRECTOR

    Total calculated
    $312,828
    From this org
    $0
    From related orgs
    $292,061
    Other
    $20,767
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $292,061 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $8,179 related
    Nontaxable benefits
    $0 + $12,588 related
    Filer's total
    $0 + $312,828 related

  • Victoria Hann

    FOUNDATION DIRECTOR

    Total calculated
    $100,971
    From this org
    $0
    From related orgs
    $92,123
    Other
    $8,848
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
28 July 2023
IRS schema version
2022v5.0
Source object
202302129349300720

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.