Form 990 for tax year 2023

1e · Government grants (contributions)

$5,500,391

1f · All other contributions, gifts and grants

$118,260

2a · Program service revenue: CONTRACT REVENUE

total $14,215,599 · related or exempt $14,215,599

2b · Program service revenue: FEES FOR SERVICES

total $2,165,241 · related or exempt $2,165,241

2c · Program service revenue: GRADUATE MEDICAL EDUCATION REVENU

total $1,023,830 · related or exempt $1,023,830

2d · Program service revenue: SALARY SUPPORT

total $242,309 · related or exempt $242,309

3 · Investment income

total $333,446 · excluded $333,446

7a · Gross sales of assets other than inventory

securities $3,742,786

7b · Less cost or other basis and sales expenses

securities $3,898,140

7c · Gain or loss

securities -$155,354

7d · Net gain or loss

total -$155,354 · excluded -$155,354

11a · Other revenue: MISCELLANEOUS INCOME

total $187,452 · related or exempt $187,452

11e · Other revenue, total

$187,452

1 · Grants to domestic organizations and governments

total $4,500 · program services $4,500

5 · Compensation of officers, directors and key employees

total $2,838,876 · program services $2,515,436 · management and general $323,440

7 · Other salaries and wages

total $13,587,492 · program services $12,004,298 · management and general $1,583,194

8 · Pension plan contributions

total $448,638 · program services $358,911 · management and general $89,727

9 · Other employee benefits

total $556,648 · program services $445,318 · management and general $111,330

10 · Payroll taxes

total $849,838 · program services $679,870 · management and general $169,968

11a · Fees: management

total $86,945 · management and general $86,945

11b · Fees: legal

total $5,091 · program services $5,091

11c · Fees: accounting

total $32,971 · program services $32,971

11f · Fees: investment management

total $45,453 · management and general $45,453

13 · Office expenses

total $125,074 · program services $100,059 · management and general $25,015

16 · Occupancy

total $430,405 · program services $344,324 · management and general $86,081

19 · Conferences, conventions and meetings

total $111,870 · program services $100,683 · management and general $11,187

22 · Depreciation, depletion and amortization

total $2,250 · program services $2,250

23 · Insurance

total $245,411 · program services $180,368 · management and general $65,043

24a · Other expenses: CONTRACTUAL SERVICES

total $3,254,426 · program services $2,603,541 · management and general $650,885

24b · Other expenses: CHIEF ADMINISTRATIVE OF

total $425,142 · program services $425,142

24c · Other expenses: MEALS AND ENTERTAINMENT

total $80,791 · program services $68,672 · management and general $12,119

24d · Other expenses: RESIDENTS EXPENSE

total $50,229 · program services $50,229

24e · All other expenses

total $61,741 · program services $52,890 · management and general $8,851

1 · Cash, non-interest-bearing

beginning of year $11,764,046 · end of year $0

2 · Savings and temporary cash investments

beginning of year $702,967 · end of year $10,189,726

4 · Accounts receivable

beginning of year $1,842,330 · end of year $2,790,155

9 · Prepaid expenses and deferred charges

beginning of year $77,162 · end of year $46,049

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

$91,836

10b · Land, buildings and equipment: accumulated depreciation

$63,152

10c · Land, buildings and equipment, net

beginning of year $30,934 · end of year $28,684

12 · Investments: other securities

beginning of year $7,024,297 · end of year $10,193,100

15 · Other assets

beginning of year $346,606 · end of year $215,732

17 · Accounts payable and accrued expenses

beginning of year $3,712,000 · end of year $3,903,496

19 · Deferred revenue

end of year $46,200

25 · Other liabilities

beginning of year $370,950 · end of year $228,007

27 · Net assets without donor restrictions

beginning of year $17,705,392 · end of year $19,285,743