Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $92,443

• 1d · Related organizations

  $1,589,531

• 1e · Government grants (contributions)

  $7,004,997

• 1f · All other contributions, gifts and grants

  $4,661,222

• 1g · Noncash contributions included above

  $1,062,865

• 3 · Investment income

  total $395,958 · excluded $395,958

• 8a · Fundraising events: gross income

  $897,404

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

  $92,443

• 8b · Fundraising events: direct expenses

  $326,542

• 8c · Net income from fundraising events

  total $570,862 · excluded $570,862

• 11a · Other revenue: TRUST INCOME

  total $55,611 · excluded $55,611

• 11e · Other revenue, total

  $55,611

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,338,720 · program services $9,338,720

• 2 · Grants to domestic individuals

  total $42,901 · program services $42,901

• 5 · Compensation of officers, directors and key employees

  total $490,885 · management and general $88,359 · fundraising $402,526

• 7 · Other salaries and wages

  total $677,887 · management and general $134,252 · fundraising $543,635

• 9 · Other employee benefits

  total $420,758 · management and general $78,031 · fundraising $342,727

• 11f · Fees: investment management

  total $46,905 · management and general $46,905

• 12 · Advertising and promotion

  total $259,686 · management and general $13,500 · fundraising $246,186

• 13 · Office expenses

  total $50,981 · management and general $17,854 · fundraising $33,127

• 14 · Information technology

  total $29,366 · management and general $25,366 · fundraising $4,000

• 17 · Travel

  total $14,168 · management and general $1,136 · fundraising $13,032

• 19 · Conferences, conventions and meetings

  total $4,559 · management and general $4,559

• 22 · Depreciation, depletion and amortization

  total $286 · management and general $286

• 24a · Other expenses: DONOR CULTIVATION

  total $79,821 · fundraising $79,821

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $440,790 · end of year $572,430

• 3 · Pledges and grants receivable

  beginning of year $2,814,993 · end of year $5,951,794

• 9 · Prepaid expenses and deferred charges

  beginning of year $12,044 · end of year $36,644

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

  $69,050

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

  $67,731

• 10c · Land, buildings and equipment, net

  beginning of year $1,604 · end of year $1,319

• 11 · Investments: publicly traded securities

  beginning of year $28,588,176 · end of year $30,051,124

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $440,790 · end of year $572,430

• 19 · Deferred revenue

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $6,276,195 · end of year $7,704,392

• 28 · Net assets with donor restrictions

  beginning of year $25,140,622 · end of year $28,336,489

The filer's explanations (Part III)

PART I, LINE 3

THE BOARD OF DIRECTORS OF BEEBE MEDICAL CENTER, INC. APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. AN INDEPENDENT COMPENSATION CONSULTANT IS UTILIZED TO COMPILE SALARY INFORMATION FOR THIS POSITION. MINUTES OF MEETINGS ARE MAINTAINED TO DOCUMENT DELIBERATION AND DECISIONS.

PART I, LINE 4A:

JEFFREY M. FRIED : 232,000

Related corporations and trusts

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

• PERPETUAL TRUST

  T · INVESTMENT · DE