Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $53,500

• 1f · All other contributions, gifts and grants

  $270,149

• 2a · Program service revenue: MEMBERSHIP DUES

  total $5,168,645 · related or exempt $5,168,645

• 2b · Program service revenue: DATABASE PROGRAM FEES

  total $1,980,274 · related or exempt $1,980,274

• 2c · Program service revenue: WORKSHOPS, SEMINARS, CONVENTION

  total $746,554 · related or exempt $746,554

• 3 · Investment income

  total $1,069,380 · excluded $1,069,380

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

  securities $1,976,635

• 7c · Gain or loss

  securities -$1,976,635

• 7d · Net gain or loss

  total -$1,976,635 · excluded -$1,976,635

• 11a · Other revenue: CONSULTING

  total $1,444,909 · related or exempt $628,806 · unrelated business $816,103

• 11b · Other revenue: MISCELLANEOUS

  total $21 · excluded $21

• 11c · Other revenue: CAPTIVE OPERATING INCOME

  total -$842,550 · related or exempt -$842,550

• 11e · Other revenue, total

  $602,380

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,093,023

• 7 · Other salaries and wages

  total $3,508,914

• 8 · Pension plan contributions

  total $515,371

• 9 · Other employee benefits

  total $531,341

• 10 · Payroll taxes

  total $286,643

• 11b · Fees: legal

  total $42,893

• 11c · Fees: accounting

  total $38,140

• 11f · Fees: investment management

  total $22,576

• 11g · Fees: other

  total $314,849

• 12 · Advertising and promotion

  total $967

• 13 · Office expenses

  total $184,726

• 14 · Information technology

  total $1,008,311

• 16 · Occupancy

  total $232,947

• 17 · Travel

  total $90,511

• 19 · Conferences, conventions and meetings

  total $751,941

• 20 · Interest

  total $37,602

• 22 · Depreciation, depletion and amortization

  total $98,064

• 23 · Insurance

  total $52,352

• 24a · Other expenses: MEMBERSHIP ACTIVITIES

  total $98,548

• 24b · Other expenses: SPONSOR EXPENSE

  total $51,549

• 24c · Other expenses: PUBLIC AWARENESS AND AD

  total $38,704

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $13,282

• 24e · All other expenses

  total $2,079

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $513,155 · end of year $557,665

• 4 · Accounts receivable

  beginning of year $1,529,433 · end of year $2,080,953

• 9 · Prepaid expenses and deferred charges

  beginning of year $344,482 · end of year $382,656

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

  $607,220

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

  $515,159

• 10c · Land, buildings and equipment, net

  beginning of year $185,778 · end of year $92,061

• 11 · Investments: publicly traded securities

  beginning of year $12,869,422 · end of year $11,240,068

• 13 · Investments: program-related

  beginning of year $12,314,822 · end of year $12,296,039

• 15 · Other assets

  beginning of year $733,719 · end of year $1,406,675

• 17 · Accounts payable and accrued expenses

  beginning of year $3,522,775 · end of year $3,706,738

• 19 · Deferred revenue

  beginning of year $2,011,360 · end of year $2,114,288

• 25 · Other liabilities

  beginning of year $0 · end of year $1,380,001

• 27 · Net assets without donor restrictions

  beginning of year $22,956,676 · end of year $20,855,090

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION HAS A POLICY THAT STATES: GENERALLY, EXPENSES INCURRED BY A SPOUSE OR COMPANION OF A GHA EMPLOYEE ARE NOT REIMBURSABLE UNLESS THERE IS A BUSINESS PURPOSE FOR THE EXPENSES AND THE GHA EMPLOYEE HAS OBTAINED PRIOR WRITTEN APPROVAL FROM THE EMPLOYEE'S SUPERVISOR. FOR THE PRESIDENT, THE TERMS OF TRAVEL EXPENSE REIMBURSEMENT ARE DICTATED BY HIS EMPLOYMENT CONTRACT: GHA SHALL REIMBURSE THE PRESIDENT FOR TRAVEL, BOARD, MEALS AND OTHER REASONABLY NECESSARY BUSINESS COSTS INCURRED IN CONNECTION WITH, AND NECESSARY FOR THE PERFORMANCE OF, HIS DUTIES AND RESPONSIBILITIES UNDER THIS AGREEMENT. SUCH REIMBURSEMENT SHALL EXTEND TO REASONABLE TRAVEL EXPENSES INCURRED BY THE PRESIDENTS SPOUSE WHERE HER ATTENDENCE IS EXPECTED AT CERTAIN BUSINESS-RELATED FUNCTIONS.

PART I, LINES 4A-B

ETHAN JAMES, EXECUTIVE VICE PRESIDENT, RECEIVED SEVERANCE PAYMENTS TOTALING $154,917 IN CY 2022 CEO AND OTHER LEADERSHIP TEAM MEMBERS HAVE A 457(F) DEFERRED COMPENSATION PLAN. ONLY CHARLES ADAMS, EXECUTIVE VICE PRESIDENT, RECEIVED A 457(F) PAYOUT OF $283,493 IN CY 2022. THE FOLLOWING AMOUNTS ACCRUED UNDER THE TERMS OF THE PLAN: EARL ROGERS - $ 220,935 CARIE SUMMERS - $ 52,457 CHARLES ADAMS - $ 69,256 ANNA ADAMS - $ 45,632 KERI CONLEY - $ 47,999

PART I, LINE 6

THE CEO AND LEADERSHIP TEAM MEMBERS ARE SUBJECT TO RECEIVE INCENTIVE COMPENSATION BASED ON THE PERFORMANCE OF CORPORATE GOALS. ONE CORPORATE GOAL IS TO MEET THE OPERATING NET INCOME BUDGET. THIS GOAL IS WORTH 7.5% OF THE TOTAL INCENTIVE PAYMENT AVAILABLE.

SCHEDULE J, PART II

GEORGIA HOSPITAL ASSOCIATION ISSUES W-2'S FOR ITS OFFICERS, HOWEVER PORTIONS OF THEIR SALARIES AND BENEFITS ARE ALLOCATED TO OTHER RELATED ENTITIES. THE ALLOCATIONS ARE AS FOLLOWS: EARL ROGERS - 90% TO GEORGIA HOSPITAL ASSOCIATION (GHA), 3% TO GEORGIA HOSPITAL ASSOCIATION RESEARCH AND EDUCATION FOUNDATION (GHAREF), 4% TO HEALTH CARE INSURANCE RESOURCES (HCIR), AND 3% TO GEORGIA HOSPITAL HEALTH SERVICES, INC (GHHS). CHARLES ADAMS - 30% TO GHA, 25% TO GHAREF, 25% TO HCIR, AND 20% TO GHHS. CARIE SUMMERS - 75% TO GHA, 15% TO GHAREF, 5% TO HCIR, AND 5% TO GHHS. KERI CONLEY - 65% TO GHA, 25% TO GHREF, 5% TO HCIR AND 5% TO GHHS ANNA ADAMS - 90% TO GHA, 10% TO GHREF

Related corporations and trusts

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

• HEALTH CARE INSURANCE RESOURCES

  C · INSURANCE MARKETING · GA · 100% owned · share of income $4,809,158 · share of assets $6,045,614 · controlled entity

  Directly controlled by GEORGIA HOSPITAL ASSOCIATION INC

• GEORGIA HOSPITAL HEALTH SERVICES

  C · PROFESSIONAL SERVICES · GA · 100% owned · share of income $1,200,664 · share of assets $479,523 · controlled entity

  Directly controlled by GEORGIA HOSPITAL ASSOCIATION INC

• GEORGIA HEALTHCARE INSURANCE COMPANY SPC

  C · INSURANCE · CJ · 100% owned · share of income -$694,927 · share of assets $8,156,446 · controlled entity

  Directly controlled by GEORGIA HOSPITAL ASSOCIATION INC