Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $496,969

• 1e · Government grants (contributions)

  $135,000

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $112,383,696 · related or exempt $112,383,696

• 2b · Program service revenue: THERAPY OTHER REVENUES

  total $484,530 · related or exempt $484,530

• 2c · Program service revenue: MOB RENTAL INCOME

  total $299,203 · related or exempt $299,203

• 2d · Program service revenue: CAFETERIA REVENUES

  total $290,464 · excluded $290,464

• 2e · Program service revenue: OCCUPATIONAL HEALTH AND WELLNESS

  total $31,145 · related or exempt $31,145

• 2f · All other program service revenue

  total $1,988,691 · related or exempt $1,988,691

• 3 · Investment income

  total $2,057,823 · excluded $2,057,823

• 6a · Gross rents

  real property $132,740

• 6b · Less rental expenses

  real property $20,392

• 6c · Rental income or loss

  real property $112,348

• 6d · Net rental income or loss

  total $112,348 · excluded $112,348

• 7a · Gross sales of assets other than inventory

  securities $22,756,118 · other assets $63,000

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

  securities $20,961,939 · other assets $0

• 7c · Gain or loss

  securities $1,794,179 · other assets $63,000

• 7d · Net gain or loss

  total $1,857,179 · excluded $1,857,179

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,500 · program services $12,500

• 5 · Compensation of officers, directors and key employees

  total $2,322,346 · program services $2,064,794 · management and general $257,552

• 7 · Other salaries and wages

  total $56,531,339 · program services $50,261,917 · management and general $6,269,422

• 8 · Pension plan contributions

  total $2,783,647 · program services $2,474,936 · management and general $308,711

• 9 · Other employee benefits

  total $9,003,631 · program services $8,005,113 · management and general $998,518

• 10 · Payroll taxes

  total $3,514,100 · program services $3,124,380 · management and general $389,720

• 11b · Fees: legal

  total $176,463 · program services $79,389 · management and general $97,074

• 11c · Fees: accounting

  total $74,045 · program services $13,492 · management and general $60,553

• 11d · Fees: lobbying

  total $16,522 · management and general $16,522

• 11f · Fees: investment management

  total $222,353 · management and general $222,353

• 11g · Fees: other

  total $13,093,922 · program services $11,830,113 · management and general $1,263,809

• 12 · Advertising and promotion

  total $855,835 · program services $25,980 · management and general $829,855

• 13 · Office expenses

  total $1,962,001 · program services $1,653,548 · management and general $308,453

• 14 · Information technology

  total $2,685,703 · program services $746,985 · management and general $1,938,718

• 16 · Occupancy

  total $1,908,063 · program services $1,763,257 · management and general $144,806

• 17 · Travel

  total $524,324 · program services $378,489 · management and general $145,835

• 20 · Interest

  total $221,166 · program services $208,712 · management and general $12,454

• 22 · Depreciation, depletion and amortization

  total $4,517,598 · program services $4,263,202 · management and general $254,396

• 23 · Insurance

  total $566,193 · program services $162,285 · management and general $403,908

• 24a · Other expenses: MEDICAL SUPPLIES

  total $7,093,712 · program services $7,093,712

• 24b · Other expenses: PHARMACEUTICALS

  total $4,180,456 · program services $4,180,456

• 24c · Other expenses: BAD DEBT EXPENSE

  total $1,335,302 · program services $1,335,302

• 24d · Other expenses: EQUIPMENT RENTAL

  total $209,863 · program services $209,863

• 24e · All other expenses

  total $1,336,501 · program services $842,960 · management and general $493,541

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,375 · end of year $3,378

• 2 · Savings and temporary cash investments

  beginning of year $8,388,103 · end of year $10,386,875

• 4 · Accounts receivable

  beginning of year $13,528,749 · end of year $15,458,072

• 7 · Other notes and loans receivable

  beginning of year $436,708 · end of year $764,478

• 8 · Inventories for sale or use

  beginning of year $1,966,456 · end of year $1,926,129

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,648,861 · end of year $2,080,404

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

  $77,806,253

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

  $25,219,353

• 10c · Land, buildings and equipment, net

  beginning of year $53,682,885 · end of year $52,586,900

• 11 · Investments: publicly traded securities

  beginning of year $63,404,643 · end of year $70,342,584

• 15 · Other assets

  beginning of year $6,250,114 · end of year $6,497,828

• 17 · Accounts payable and accrued expenses

  beginning of year $10,192,196 · end of year $7,935,750

• 20 · Tax-exempt bond liabilities

  beginning of year $4,908,058 · end of year $4,444,737

• 23 · Secured mortgages and notes payable

  beginning of year $1,383,541 · end of year $758,897

• 25 · Other liabilities

  beginning of year $1,924,972 · end of year $2,583,366

• 27 · Net assets without donor restrictions

  beginning of year $131,104,059 · end of year $141,429,908

• 28 · Net assets with donor restrictions

  beginning of year $797,068 · end of year $2,893,990

The filer's explanations (Part III)

PART I, LINE 1A

PHYSICIANS ARE ALLOWED UP TO $1,000 FOR SPOUSE TRAVEL TO CONFERENCES. SUPPORTING DOCUMENTATION OF THE EXPENSES IS MAINTAINED AND TRACKED BY THE PHYSICIANS. SPOUSE TRAVEL AMOUNTS ARE INCLUDED IN TAXABLE COMPENSATION.