Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $16,552,107 · related or exempt $16,552,107

• 11a · Other revenue: MANAGEMENT FEES

  total $1,910,017 · related or exempt $1,910,017

• 11b · Other revenue: INCENTIVES

  total $356,171 · related or exempt $356,171

• 11c · Other revenue: MISECELLANEOUS

  total $50,461 · related or exempt $50,461

• 11d · All other revenue

  total $60 · related or exempt $60

• 11e · Other revenue, total

  $2,316,709

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,846,536 · program services $1,590,325 · management and general $256,211

• 7 · Other salaries and wages

  total $30,092,093 · program services $28,311,485 · management and general $1,780,608

• 8 · Pension plan contributions

  total $159,054 · program services $145,630 · management and general $13,424

• 9 · Other employee benefits

  total $3,955,377 · program services $3,621,543 · management and general $333,834

• 11a · Fees: management

  total $1,427,561 · management and general $1,427,561

• 11b · Fees: legal

  total $13,159 · management and general $13,159

• 11c · Fees: accounting

  total $41,436 · management and general $41,436

• 11g · Fees: other

  total $7,504,570 · program services $7,504,570

• 12 · Advertising and promotion

  total $46,129 · program services $46,087 · management and general $42

• 13 · Office expenses

  total $276,644 · program services $245,355 · management and general $31,289

• 16 · Occupancy

  total $228,386 · program services $99,279 · management and general $129,107

• 17 · Travel

  total $47,664 · program services $41,557 · management and general $6,107

• 19 · Conferences, conventions and meetings

  total $176,919 · program services $176,919

• 22 · Depreciation, depletion and amortization

  total $869,567 · program services $174,922 · management and general $694,645

• 23 · Insurance

  total $855,733 · program services $781,011 · management and general $74,722

• 24a · Other expenses: MEDICAL SUPPLIES

  total $428,600 · program services $428,600

• 24b · Other expenses: RECRUITMENT

  total $110,733 · program services $110,733

• 24c · Other expenses: DUES & SUBSCRIPTIONS

  total $36,406 · program services $23,669 · management and general $12,737

• 24d · Other expenses: MISCELLANEOUS

  total $26,038 · program services $26,038

• 24e · All other expenses

  total $24,992 · program services $18,711 · management and general $6,281

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $64,671 · end of year $31,031

• 4 · Accounts receivable

  beginning of year $1,359,014 · end of year $1,628,292

• 7 · Other notes and loans receivable

  beginning of year $442,643 · end of year $403,136

• 9 · Prepaid expenses and deferred charges

  beginning of year $773,159 · end of year $730,928

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

  $5,085,684

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

  $4,228,872

• 10c · Land, buildings and equipment, net

  beginning of year $830,315 · end of year $856,812

• 15 · Other assets

  beginning of year $302,164 · end of year $223,445

• 17 · Accounts payable and accrued expenses

  beginning of year $3,588,849 · end of year $4,520,775

• 25 · Other liabilities

  beginning of year $228,439,649 · end of year $256,908,182

• 27 · Net assets without donor restrictions

  beginning of year -$228,256,532 · end of year -$257,555,313

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 1A

THE ORGANIZATION'S POLICY FOR TRAVEL INCLUDES THE REIMBURSEMENT OF REGISTRATION, TRAVEL, AND ENTERTAINMENT EXPENSES FOR GUESTS WHO ACCOMPANY BOARD MEMBERS TO EITHER OF TWO TRUSTEE CONFERENCES WHERE THE PRESENCE OF GUESTS IS CONSIDERED BUSINESS RELATED. RECEIPTS MUST BE SUBMITTED PRIOR TO REIMBURSEMENT AND THE AMOUNTS REIMBURSED ARE NOT INCLUDED IN THE INDIVIDUAL'S TAXABLE INCOME.

SCHEDULE J, PAGE 1, PART I, LINE 3

SEE RESPONSE TO PART VI, QUESTIONS 15A AND 15B ON SCHEDULE O FOR A DETAILED DISCUSSION OF THE COMPENSATION PROCESS FOR EXECUTIVES.

SCHEDULE J, PAGE 1, PART I, LINE 4

DARCY M. CRAVEN 0 180,180 0 BROCK DOCKERY 0 25,920 0

SCHEDULE J, PART III

THE IRS RULES & REGULATIONS REQUIRE THAT CERTAIN NON-CURRENT, NON-CASH ITEMS ARE REPORTED IN PART VII, COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES, AND INDEPENDENT CONTRACTORS, OF THE CORE FORM 990 REGARDLESS OF THE CURRENT BENEFIT TO THE EMPLOYEE. THESE SAME RULES, IN SOME CASES, REQUIRE THE COMPENSATION AND BENEFITS TO BE REPORTED TWICE IN PART VII, ONCE WHEN THE ENTITY ACCRUES FOR A FUTURE PAYMENT AND ONCE WHEN THE PAYMENT IS ACTUALLY MADE TO THE EMPLOYEE. THEREFORE, AN EMPLOYEE'S STATED TOTAL COMPENSATION AND BENEFITS REPORTED ON PART VII ARE SUBSTANTIALLY HIGHER THAN THE ACTUAL CASH COMPENSATION RECEIVED IN THE CURRENT YEAR. AMOUNTS REPORTED AS BENEFITS INCLUDE AMOUNTS FOR LIFE INSURANCE, HEALTH INSURANCE, THRIFT PLAN CONTRIBUTIONS, AND PENSION CONTRIBUTIONS. BENEFITS RELATED TO PENSION AND RETIREMENT PLANS REFLECT AMOUNTS ACCUMULATED, BUT NOT PAID, TO THE INDIVIDUAL IN RECOGNITION OF TOTAL YEARS OF EMPLOYMENT, NOT JUST THE CURRENT YEAR. SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ONE EXECUTIVE PARTICIPATES IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) WHICH IS ACCRUED BUT UNFUNDED IN AN AMOUNT WHICH, WHEN ADDED TO OTHER SOURCES OF RETIREMENT INCOME, WILL AFFORD A RETIREMENT INCOME AT A TARGETED PERCENTAGE OF PRE-RETIREMENT COMPENSATION. THE SERP IS A NONQUALIFIED RETIREMENT PLAN. AMC 457(F) RETIREMENT PLAN CERTAIN EXECUTIVES WHO ARE NOT ELIGIBLE FOR THE SERP MAY BE ELIGIBLE TO PARTICIPATE IN A 457(F) PLAN TO HELP THEM ACCUMULATE FUNDS FOR THEIR LONG- TERM FINANCIAL NEEDS. THE ORGANIZATION MAY CONTRIBUTE A PERCENTAGE OF BASE SALARY INTO AN INDIVIDUAL EXECUTIVES ACCOUNT IF THE ORGANIZATION MEETS CERTAIN FINANCIAL TARGETS. THE ORGANIZATION OWNS ANY PLAN ASSETS UNTIL THEY ARE PAID TO THE EMPLOYEE AND ALL FUNDS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. VESTING BEGINS AT AGE 55 WITH FIVE YEARS OF SERVICE AT A RATE OF 90% AND THEN INCREASES TO 100% AT AGE 60. PAYMENTS ARE MADE ANNUALLY UPON VESTING. BONUS AWARDS: OFFICERS AND PHYSICIANS ARE AWARDED BONUSES/INCENTIVES CONTINGENT IN PART ON MEETING MANAGEMENT-BY-OBJECTIVE INCENTIVE PLAN GOALS.

Related corporations and trusts

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

• GEORGIA-FLORIDA PREFERRED INC

  HEALTHCARE · GA