Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $11,923

• 1f · All other contributions, gifts and grants

  $680,034

• 1g · Noncash contributions included above

  $1,770

• 3 · Investment income

  total $389,820 · excluded $389,820

• 6a · Gross rents

  real property $44,000

• 6b · Less rental expenses

  real property $8,692

• 6c · Rental income or loss

  real property $35,308

• 6d · Net rental income or loss

  total $35,308 · excluded $35,308

• 7a · Gross sales of assets other than inventory

  securities $3,636,080

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

  securities $3,167,337

• 7c · Gain or loss

  securities $468,743

• 7d · Net gain or loss

  total $468,743 · excluded $468,743

• 8a · Fundraising events: gross income

  $164,871

• 8a · Fundraising events: contributions included on line 1c

  $11,923

• 8b · Fundraising events: direct expenses

  $43,337

• 8c · Net income from fundraising events

  total $121,534 · excluded $121,534

• 11a · Other revenue: VENDING INCOME

  total $94,517 · excluded $94,517

• 11e · Other revenue, total

  $94,517

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $761,610 · program services $761,610

• 2 · Grants to domestic individuals

  total $46,300 · program services $46,300

• 7 · Other salaries and wages

  total $319,590 · program services $239,692 · management and general $73,506 · fundraising $6,392

• 8 · Pension plan contributions

  total $9,566 · program services $6,218 · management and general $3,157 · fundraising $191

• 9 · Other employee benefits

  total $46,650 · program services $30,322 · management and general $15,395 · fundraising $933

• 10 · Payroll taxes

  total $24,905 · program services $18,793 · management and general $5,623 · fundraising $489

• 11b · Fees: legal

  total $5,575 · management and general $5,575

• 11c · Fees: accounting

  total $86,818 · management and general $86,818

• 11f · Fees: investment management

  total $72,907 · management and general $72,907

• 11g · Fees: other

  total $32,478 · program services $31,258 · management and general $1,220

• 12 · Advertising and promotion

  total $636 · fundraising $636

• 13 · Office expenses

  total $19,662 · program services $16,901 · management and general $2,577 · fundraising $184

• 14 · Information technology

  total $21,859 · program services $20,995 · management and general $864

• 16 · Occupancy

  total $619 · management and general $619

• 17 · Travel

  total $4,337 · program services $3,446 · management and general $891

• 22 · Depreciation, depletion and amortization

  total $14,443 · program services $10,808 · management and general $3,635

• 23 · Insurance

  total $3,311 · program services $3,311

• 24a · Other expenses: SPONSORSHIPS

  total $15,643 · program services $12,133 · management and general $3,510

• 24b · Other expenses: CATERING

  total $4,162 · program services $2,537 · management and general $1,381 · fundraising $244

• 24c · Other expenses: DUES & SUBSCRIPTIONS

  total $2,531 · program services $1,328 · management and general $1,203

• 24d · Other expenses: RECOGNITION EXPENSE

  total $1,618 · program services $1,525 · fundraising $93

• 24e · All other expenses

  total $12,678 · program services $9,834 · management and general $2,844

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,225,029 · end of year $829,476

• 3 · Pledges and grants receivable

  beginning of year $350,000 · end of year $150,000

• 4 · Accounts receivable

  beginning of year $83,900 · end of year $86,637

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

  $761,061

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

  $554,970

• 10c · Land, buildings and equipment, net

  beginning of year $229,226 · end of year $206,091

• 11 · Investments: publicly traded securities

  beginning of year $18,128,441 · end of year $20,074,716

• 12 · Investments: other securities

  beginning of year $6,070,746 · end of year $5,669,352

• 17 · Accounts payable and accrued expenses

  beginning of year $97,968 · end of year $73,870

• 18 · Grants payable

  beginning of year $1,231,311 · end of year $984,677

• 19 · Deferred revenue

  beginning of year $2,000 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $5,593,616 · end of year $6,058,374

• 27 · Net assets without donor restrictions

  beginning of year $14,919,013 · end of year $15,236,916

• 28 · Net assets with donor restrictions

  beginning of year $4,243,434 · end of year $4,662,435

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION FOR THE PRESIDENT IS DETERMINED BY A RELATED ORGANIZATION, UNION HOSPITAL INC., USING THE FOLLOWING METHODS: - ANNUAL REVIEW BY EXECUTIVE COMMITTEE BASED ON PERFORMANCE - RESEARCH COMPARISON WITH SIMILAR ORGANIZATIONS

PART I, LINE 4B

THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457F PLAN OF RELATED ORGANIZATION UNION HOSPITAL, INC. STEVEN HOLMAN CONTRIBUTED DURING THE YEAR: $171,465 PAID OUT DURING THE YEAR: $157,858 MATTHEW NEALON CONTRIBUTED DURING THE YEAR: $61,069 PAID OUT DURING THE YEAR: $50,761

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• UNION HOSPITAL THERAPY LLC

  REHABILITATION AND THERAPY SERVICES · IN

• CARDIOVASCULAR MANAGEMENT LLC

  MEDICAL SERVICES · IN

• ONCOLOGY SERVICES GROUP LLC

  MEDICAL SERVICES · IN