Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $8,824

• 1e · Government grants (contributions)

  $90,416

• 1f · All other contributions, gifts and grants

  $704,032

• 2a · Program service revenue: Net Patient Service Re

  total $6,464,293 · related or exempt $6,464,293

• 2b · Program service revenue: Medicine Chest Revenue

  total $297,214 · related or exempt $297,214

• 2c · Program service revenue: Misc Income

  total $127,147 · related or exempt $127,147

• 3 · Investment income

  total $133,804 · excluded $133,804

• 7a · Gross sales of assets other than inventory

  securities $1,244,241

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

  securities $1,219,180

• 7c · Gain or loss

  securities $25,061

• 7d · Net gain or loss

  total $25,061 · excluded $25,061

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $303,252 · management and general $303,252

• 7 · Other salaries and wages

  total $4,386,148 · program services $3,566,138 · management and general $820,010

• 8 · Pension plan contributions

  total $114,517 · program services $94,433 · management and general $20,084

• 9 · Other employee benefits

  total $953,825 · program services $766,572 · management and general $187,253

• 10 · Payroll taxes

  total $371,262 · program services $285,278 · management and general $85,984

• 11c · Fees: accounting

  total $77,887 · management and general $77,887

• 11f · Fees: investment management

  total $12,558 · management and general $12,558

• 11g · Fees: other

  total $143,537 · program services $27,860 · management and general $115,677

• 13 · Office expenses

  total $138,873 · program services $106,710 · management and general $32,163

• 14 · Information technology

  total $309,157 · program services $237,556 · management and general $71,601

• 16 · Occupancy

  total $120,600 · program services $92,670 · management and general $27,930

• 17 · Travel

  total $211,845 · program services $199,583 · management and general $12,262

• 22 · Depreciation, depletion and amortization

  total $80,149 · program services $61,595 · management and general $18,554

• 23 · Insurance

  total $61,619 · program services $47,348 · management and general $14,271

• 24a · Other expenses: Other Expenses

  total $463,578 · program services $353,979 · management and general $109,599

• 24b · Other expenses: Program Supplies

  total $234,841 · program services $234,841

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $300 · end of year $300

• 2 · Savings and temporary cash investments

  beginning of year $3,443,354 · end of year $2,640,468

• 4 · Accounts receivable

  beginning of year $1,043,527 · end of year $1,137,411

• 8 · Inventories for sale or use

  beginning of year $138,492 · end of year $244,964

• 9 · Prepaid expenses and deferred charges

  beginning of year $145,853 · end of year $171,283

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

  $2,420,425

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

  $1,415,991

• 10c · Land, buildings and equipment, net

  beginning of year $482,151 · end of year $1,004,434

• 11 · Investments: publicly traded securities

  beginning of year $2,622,861 · end of year $2,946,506

• 14 · Intangible assets

  beginning of year $17,922 · end of year $706,318

• 17 · Accounts payable and accrued expenses

  beginning of year $644,943 · end of year $775,932

• 25 · Other liabilities

  beginning of year $32,892 · end of year $734,798

• 27 · Net assets without donor restrictions

  beginning of year $7,071,564 · end of year $7,195,318

• 28 · Net assets with donor restrictions

  beginning of year $145,061 · end of year $145,636

The filer's explanations (Part III)

Part I, Line 7

During 2023, employees received bonuses based on merit.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• The Medicine Chest LLC

  Medical Equipment Retailer · VT · income $297,214 · assets $1,055,824

  Directly controlled by Addison County Home Health & Hospice Inc