Form 990 for tax year 2023

1d · Related organizations

$154,327

1e · Government grants (contributions)

$860,200

2a · Program service revenue: PATIENT SERVICE REVENUE

total $54,954,827 · related or exempt $54,954,827

3 · Investment income

total $64,209 · excluded $64,209

6a · Gross rents

real property $323,873

6b · Less rental expenses

real property $320,873

6c · Rental income or loss

real property $3,000

6d · Net rental income or loss

total $3,000 · excluded $3,000

7a · Gross sales of assets other than inventory

other assets $66,588

7b · Less cost or other basis and sales expenses

other assets $10,664

7c · Gain or loss

other assets $55,924

7d · Net gain or loss

total $55,924 · excluded $55,924

11a · Other revenue: INCREASE IN CASH SURRENDER

total $23,134 · excluded $23,134

11e · Other revenue, total

$23,134

7 · Other salaries and wages

total $26,617,672 · program services $12,399,645 · management and general $14,218,027

8 · Pension plan contributions

total $63,642 · program services $49,240 · management and general $14,402

9 · Other employee benefits

total $1,640,007 · program services $1,095,927 · management and general $544,080

10 · Payroll taxes

total $1,257,624 · program services $968,683 · management and general $288,941

11c · Fees: accounting

total $83,969 · management and general $83,969

11f · Fees: investment management

total $7,500 · management and general $7,500

12 · Advertising and promotion

total $141,075 · management and general $141,075

13 · Office expenses

total $313,994 · management and general $313,994

16 · Occupancy

total $1,092,702 · management and general $1,092,702

17 · Travel

total $865,459 · program services $761,466 · management and general $103,993

20 · Interest

total $452,677 · management and general $452,677

22 · Depreciation, depletion and amortization

total $864,970 · management and general $864,970

23 · Insurance

total $419,721 · management and general $419,721

24a · Other expenses: ROOM AND BOARD

total $10,116,065 · program services $10,116,065

24b · Other expenses: DRUGS AND SUPPLIERS

total $3,869,492 · program services $3,869,492

24c · Other expenses: DIRECT PATIENT COST

total $836,288 · program services $836,288

24d · Other expenses: CONTRACT CARE

total $654,343 · program services $654,343

24e · All other expenses

total $268,276 · management and general $268,276

1 · Cash, non-interest-bearing

beginning of year $9,705 · end of year $30,354

2 · Savings and temporary cash investments

beginning of year $2,235,846 · end of year $4,251,560

3 · Pledges and grants receivable

beginning of year $7,742,906 · end of year $8,294,406

4 · Accounts receivable

beginning of year $12,458,782 · end of year $6,924,065

8 · Inventories for sale or use

beginning of year $83,013 · end of year $83,143

9 · Prepaid expenses and deferred charges

beginning of year $423,963 · end of year $285,047

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

$23,996,795

10b · Land, buildings and equipment: accumulated depreciation

$13,890,932

10c · Land, buildings and equipment, net

beginning of year $10,488,654 · end of year $10,105,863

11 · Investments: publicly traded securities

beginning of year $47,180 · end of year $41,843

14 · Intangible assets

beginning of year $251,184 · end of year $201,451

15 · Other assets

beginning of year $46,588,432 · end of year $50,065,700

17 · Accounts payable and accrued expenses

beginning of year $8,002,878 · end of year $10,623,192

20 · Tax-exempt bond liabilities

beginning of year $5,382,446

23 · Secured mortgages and notes payable

beginning of year $3,865,184 · end of year $6,891,916

27 · Net assets without donor restrictions

beginning of year $61,019,431 · end of year $60,735,305

28 · Net assets with donor restrictions

beginning of year $2,059,726 · end of year $2,033,019

CHARITABLE REMAINDER TRUST

T · TRUST · FL

Directly controlled by COVENANT HOSPICE INC