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Nonprofiteer
← GRACE HEALTH INC

Form 990 for tax year 2022

Filed by GRACE HEALTH INC.

Totals

Total revenue
$40,496,787
Total expenses
$36,882,609
Contributions and grants received
$11,477,050
Grants paid
$0
Program service revenue
$28,639,913
Investment income
$245,398
Other revenue
$134,426
Total assets, end of year
$41,960,686
Total liabilities, end of year
$3,134,872
Net assets or fund balances, end of year
$38,825,814
Program services expenses (Part IX)
$27,052,945
Management and general expenses
$9,829,664
Fundraising expenses
$0
Program service expenses (Part III)
$27,052,945

Program services were 73.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $150,000

  • 1e · Government grants (contributions)

    $8,860,144

  • 1f · All other contributions, gifts and grants

    $2,466,906

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $17,760,373 · related or exempt $17,760,373

  • 2b · Program service revenue: PHARMACY REVENUE

    total $10,879,540 · related or exempt $10,879,540

  • 3 · Investment income

    total $245,398 · excluded $245,398

  • 11a · Other revenue: OTHER INCOME

    total $134,426 · related or exempt $134,426

  • 11e · Other revenue, total

    $134,426

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $897,526 · management and general $897,526

  • 7 · Other salaries and wages

    total $20,069,523 · program services $16,123,699 · management and general $3,945,824

  • 8 · Pension plan contributions

    total $544,847 · program services $512,835 · management and general $32,012

  • 9 · Other employee benefits

    total $3,152,773 · program services $1,849,188 · management and general $1,303,585

  • 10 · Payroll taxes

    total $1,508,033 · program services $1,183,799 · management and general $324,234

  • 11b · Fees: legal

    total $72,030 · management and general $72,030

  • 11c · Fees: accounting

    total $76,728 · program services $13,855 · management and general $62,873

  • 11g · Fees: other

    total $2,398,410 · program services $1,647,577 · management and general $750,833

  • 12 · Advertising and promotion

    total $173,415 · program services $14,346 · management and general $159,069

  • 13 · Office expenses

    total $420,202 · program services $115,532 · management and general $304,670

  • 14 · Information technology

    total $1,219,021 · program services $180,866 · management and general $1,038,155

  • 16 · Occupancy

    total $438,568 · program services $310,520 · management and general $128,048

  • 17 · Travel

    total $300,146 · program services $178,296 · management and general $121,850

  • 22 · Depreciation, depletion and amortization

    total $883,212 · program services $517,180 · management and general $366,032

  • 23 · Insurance

    total $89,754 · program services $80,223 · management and general $9,531

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $4,151,851 · program services $4,064,715 · management and general $87,136

  • 24b · Other expenses: MAINTENANCE

    total $303,341 · program services $78,846 · management and general $224,495

  • 24c · Other expenses: MISCELLANEOUS

    total $183,229 · program services $181,468 · management and general $1,761

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,213,276 · end of year $10,015,323

  • 3 · Pledges and grants receivable

    beginning of year $75,000 · end of year $75,000

  • 4 · Accounts receivable

    beginning of year $3,139,510 · end of year $3,719,898

  • 8 · Inventories for sale or use

    beginning of year $730,792 · end of year $808,283

  • 9 · Prepaid expenses and deferred charges

    beginning of year $278,551 · end of year $309,633

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

    $29,637,844

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

    $12,731,099

  • 10c · Land, buildings and equipment, net

    beginning of year $15,749,271 · end of year $16,906,745

  • 11 · Investments: publicly traded securities

    beginning of year $9,121,005 · end of year $9,982,464

  • 15 · Other assets

    beginning of year $134,601 · end of year $143,340

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,476,688 · end of year $2,902,691

  • 25 · Other liabilities

    beginning of year $1,977,527 · end of year $232,181

  • 27 · Net assets without donor restrictions

    beginning of year $36,854,599 · end of year $38,700,695

  • 28 · Net assets with donor restrictions

    beginning of year $133,192 · end of year $125,119

Mission and programs · 2022

Mission

TO PROVIDE PATIENT-CENTERED HEALTHCARE WITH EXCELLENCE IN QUALITY, SERVICE AND ACCESS.

  • PRIMARY HEALTH CARE IN FAMILY PRACTICE MEDICINE, PEDIATRICS, INTERNAL MEDICINE, OBSTETRICS/GYNECOLOGY, BEHAVIORAL HEALTH, OPTOMETRY, PHYSICAL THERAPY, PODIATRY, DENTAL AND PHARMACY SERVICES.

    Expenses $27,052,945 · Revenue $28,774,339

As filed on the 2022 return.

Listed in Part VII

  • DEAN NEWSOME

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5

  • TIMOTHY KOOL

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • ANN GALLAGHER

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • JAMES REED

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • JIM BLOCKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • YANIRA FLORES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • BRIDGETTE JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • CHRISTOPHER MCCOY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • THA PAR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • LATOSHA POTTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • KATHERINE SEGAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • SONJA ELDER

    VICE PRESIDENT/CIO

    Total calculated
    $218,331
    From this org
    $202,778
    From related orgs
    $0
    Other
    $15,553
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,778
    Bonus
    $0
    Other
    $0
    Deferred
    $8,015
    Nontaxable benefits
    $7,538
    Filer's total
    $218,331

  • BRIAN HUTCHINGS

    VICE PRESIDENT/CFO

    Total calculated
    $216,838
    From this org
    $192,106
    From related orgs
    $0
    Other
    $24,732
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,106
    Bonus
    $0
    Other
    $0
    Deferred
    $7,512
    Nontaxable benefits
    $17,220
    Filer's total
    $216,838

  • JILL WISE

    VICE PRESIDENT/COO

    Total calculated
    $187,198
    From this org
    $163,115
    From related orgs
    $0
    Other
    $24,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,115
    Bonus
    $0
    Other
    $0
    Deferred
    $6,863
    Nontaxable benefits
    $17,220
    Filer's total
    $187,198

  • PETER CHANG

    PRESIDENT/CEO

    Total calculated
    $368,947
    From this org
    $339,527
    From related orgs
    $0
    Other
    $29,420
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $339,527
    Bonus
    $0
    Other
    $0
    Deferred
    $12,200
    Nontaxable benefits
    $17,220
    Filer's total
    $368,947

  • JEFFFREY CUSTER

    PHYSICIAN

    Total calculated
    $380,604
    From this org
    $354,373
    From related orgs
    $0
    Other
    $26,231
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $354,373
    Bonus
    $0
    Other
    $0
    Deferred
    $12,200
    Nontaxable benefits
    $14,031
    Filer's total
    $380,604

  • BENDAN COLLINS

    PHYSICIAN

    Total calculated
    $309,672
    From this org
    $282,202
    From related orgs
    $0
    Other
    $27,470
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $282,202
    Bonus
    $0
    Other
    $0
    Deferred
    $10,250
    Nontaxable benefits
    $17,220
    Filer's total
    $309,672

  • NICOLE SALERNO-FETTERHOFF

    PHYSICIAN

    Total calculated
    $254,443
    From this org
    $245,025
    From related orgs
    $0
    Other
    $9,418
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,025
    Bonus
    $0
    Other
    $0
    Deferred
    $8,578
    Nontaxable benefits
    $840
    Filer's total
    $254,443

  • BARBARA BUEHLER

    PHYSICIAN

    Total calculated
    $232,134
    From this org
    $217,104
    From related orgs
    $0
    Other
    $15,030
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,104
    Bonus
    $0
    Other
    $0
    Deferred
    $7,362
    Nontaxable benefits
    $7,668
    Filer's total
    $232,134

  • ELIZABETH METTLER

    PHYSICIAN

    Total calculated
    $203,086
    From this org
    $194,614
    From related orgs
    $0
    Other
    $8,472
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $194,614
    Bonus
    $0
    Other
    $0
    Deferred
    $7,632
    Nontaxable benefits
    $840
    Filer's total
    $203,086

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE COMPENSATION OF THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS. THE BOARD CHAIR COMPARES THE COMPENSATION TO SALARY RANGES SET BY NATIONAL INDUSTRY ASSOCIATIONS FOR VALIDATION. THE BOARD CHAIR NOTIFIES THE CEO AND CFO OF THE BOARD APPROVED AMOUNT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
23 March 2023
IRS schema version
2022v5.0
Source object
202320949349301722

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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