Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $9,600

• 1f · All other contributions, gifts and grants

  $1,260,658

• 3 · Investment income

  total $547,434 · excluded $547,434

• 6a · Gross rents

  real property $532,395

• 6b · Less rental expenses

  real property $299,150

• 6c · Rental income or loss

  real property $233,245

• 6d · Net rental income or loss

  total $233,245 · excluded $233,245

• 7a · Gross sales of assets other than inventory

  securities $7,348,684

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

  securities $6,942,228

• 7c · Gain or loss

  securities $406,456

• 7d · Net gain or loss

  total $406,456 · excluded $406,456

• 8a · Fundraising events: gross income

  $106,836

• 8a · Fundraising events: contributions included on line 1c

  $9,600

• 8b · Fundraising events: direct expenses

  $11,298

• 8c · Net income from fundraising events

  total $95,538 · excluded $95,538

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $241,937 · program services $241,937

• 11g · Fees: other

  total $398,313 · program services $13,211 · management and general $213,359 · fundraising $171,743

• 12 · Advertising and promotion

  total $5,830 · fundraising $5,830

• 13 · Office expenses

  total $162,836 · fundraising $162,836

• 16 · Occupancy

  total $6,735 · management and general $6,735

• 19 · Conferences, conventions and meetings

  total $1,738 · fundraising $1,738

• 22 · Depreciation, depletion and amortization

  total $536 · management and general $536

• 23 · Insurance

  total $7,728 · management and general $5,747 · fundraising $1,981

• 24a · Other expenses: DONOR RECOGNITION AND C

  total $24,759 · management and general $24,759

• 24b · Other expenses: BAD DEBT

  total $15,226 · management and general $15,226

• 24e · All other expenses

  total $1,926 · management and general $1,926

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,352,022 · end of year $1,278,808

• 3 · Pledges and grants receivable

  end of year $721,343

• 7 · Other notes and loans receivable

  end of year $273,181

• 9 · Prepaid expenses and deferred charges

  beginning of year $18,829 · end of year $71

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

  $9,768,974

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

  $2,975,813

• 10c · Land, buildings and equipment, net

  beginning of year $7,047,782 · end of year $6,793,161

• 11 · Investments: publicly traded securities

  beginning of year $22,210,189 · end of year $25,091,143

• 15 · Other assets

  beginning of year $4,975 · end of year $71,923

• 17 · Accounts payable and accrued expenses

  beginning of year $119,628 · end of year $47,180

• 20 · Tax-exempt bond liabilities

  beginning of year $1,870,000 · end of year $1,690,000

• 25 · Other liabilities

  beginning of year $550,320 · end of year $634,504

• 27 · Net assets without donor restrictions

  beginning of year $27,963,849 · end of year $30,570,690

• 28 · Net assets with donor restrictions

  beginning of year $130,000 · end of year $1,287,256

The filer's explanations (Part III)

PART I, LINE 3:

PAY RANGE DATA FOR THE PRESIDENT IS DETERMINED BASED ON COMPARABILITY DATA PROVIDED BY THE HOSPITAL'S HUMAN RESOURCES DEPARTMENT. PAY WITHIN THAT RANGE IS DETERMINED BASED ON LONGEVITY AND QUANTIFIED BASED ON PERFORMANCE REVIEW COMPLETED BY THE VICE PRESIDENT, WITH INPUT FROM THE BOARD.

PART II, COLUMN C:

RETIREMENT AND OTHER DEFERRED COMPENSATION - THIS COLUMN IS REFLECTIVE OF THE ACTUARIAL CHANGE IN DEFINED BENEFIT PENSION PLAN AND POST-RETIREMENT BENEFITS FOR THE TAX YEAR.