Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 6a · Gross rents

  real property $546,064

• 6b · Less rental expenses

  real property $1,447,814

• 6c · Rental income or loss

  real property -$901,750

• 6d · Net rental income or loss

  total -$901,750 · related or exempt -$901,750

Functional expenses

Part IX, the statement of functional expenses.

• 13 · Office expenses

  total $13,373 · management and general $13,373

• 23 · Insurance

  total $12,365 · management and general $12,365

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,531,361 · end of year $1,171,166

• 4 · Accounts receivable

  end of year $371,064

• 9 · Prepaid expenses and deferred charges

  beginning of year $12,022

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

  $31,994,857

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

  $1,263,722

• 10c · Land, buildings and equipment, net

  beginning of year $30,604,478 · end of year $30,731,135

• 15 · Other assets

  beginning of year $1,389 · end of year $17,419

• 17 · Accounts payable and accrued expenses

  beginning of year $951,084

• 23 · Secured mortgages and notes payable

  beginning of year $12,667,794 · end of year $12,687,400

• 25 · Other liabilities

  beginning of year $21,267 · end of year $21,767

• 27 · Net assets without donor restrictions

  beginning of year $20,509,105 · end of year $19,581,617

The filer's explanations (Part III)

PART I, LINE 3

THE TOP MANAGEMENT AND FINANCIAL OFFICIAL ARE COMPENSATED BY YAKIMA VALLEY FARM WORKERS CLINIC (YVFWC), A RELATED ORGANIZATION. COMPENSATION AND BENEFITS FOR THE CEO, CFO, AND TOP MANAGEMENT POSITIONS ARE BASED UPON MARKET RESEARCH AND RECOMMENDATIONS PROVIDED BY AN OUTSIDE COMPENSATION SPECIALTY FIRM ENGAGED BY THE BOARD OF DIRECTORS. FINAL COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS; FINAL COMPENSATION FOR THE CFO AND OTHER TOP MANAGEMENT IS DETERMINED BY THE CEO. YVFWC USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY/STUDY, AND APPROVAL BY THE BOARD

PART I, LINE 4B

YAKIMA VALLEY FARM WORKERS CLINIC INSTITUTED SUPPLEMENTAL EXECUTIVE BENEFIT PLANS EFFECTIVE NOVEMBER 1, 2001. THESE PLANS PROVIDE FOR EMPLOYER-PAID LIFE INSURANCE AND A RETIREMENT BENEFIT PLAN FOR MANAGEMENT EXECUTIVES, CLINIC ADMINISTRATORS, PROGRAM DIRECTORS, EXECUTIVE SECRETARIES, FACILITY MANAGERS, BILLING MANAGERS, AND DENTAL COORDINATORS.