Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $98

• 1e · Government grants (contributions)

  $1,247,166

• 1f · All other contributions, gifts and grants

  $82,212

• 11a · Other revenue: PAYROLL TAX REFUND

  total $173,942 · excluded $173,942

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $22,232 · excluded $22,232

• 11e · Other revenue, total

  $196,174

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $395,202 · program services $395,202

• 7 · Other salaries and wages

  total $1,063,676 · program services $873,428 · management and general $190,248

• 9 · Other employee benefits

  total $159,829 · program services $139,333 · management and general $20,496

• 10 · Payroll taxes

  total $88,995 · program services $75,129 · management and general $13,866

• 11b · Fees: legal

  total $21,615 · management and general $21,615

• 11c · Fees: accounting

  total $62,384 · management and general $62,384

• 11g · Fees: other

  total $298,983 · program services $47,615 · management and general $251,368

• 12 · Advertising and promotion

  total $18,430 · program services $2,000 · management and general $16,430

• 13 · Office expenses

  total $421,601 · program services $9,250 · management and general $412,220 · fundraising $131

• 14 · Information technology

  total $57,276 · program services $15,020 · management and general $42,256

• 16 · Occupancy

  total $596,369 · management and general $596,369

• 17 · Travel

  total $37,635 · program services $28,910 · management and general $7,853 · fundraising $872

• 19 · Conferences, conventions and meetings

  total $2,875 · program services $595 · management and general $2,138 · fundraising $142

• 22 · Depreciation, depletion and amortization

  total $73,041 · program services $4,046 · management and general $68,995

• 23 · Insurance

  total $686 · program services $686

• 24a · Other expenses: ADMIN. ALLOCATION

  total $598,228 · management and general $598,228

• 24b · Other expenses: MSA FEES

  total $324,558 · program services $324,558

• 24c · Other expenses: PROGRAM MATERIALS

  total $141,409 · program services $141,236 · management and general $173

• 24d · Other expenses: PATIENT MEDICATION

  total $40,069 · management and general $40,069

• 24e · All other expenses

  total $6,158 · program services -$93,390 · management and general $94,227 · fundraising $5,321

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $768,046 · end of year $2,562,203

• 3 · Pledges and grants receivable

  beginning of year $698,555 · end of year $248,037

• 9 · Prepaid expenses and deferred charges

  beginning of year $11,130 · end of year $0

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

  $3,742,548

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

  $102,735

• 10c · Land, buildings and equipment, net

  beginning of year $11,173 · end of year $3,639,813

• 15 · Other assets

  beginning of year $448,284 · end of year $3,210,663

• 17 · Accounts payable and accrued expenses

  beginning of year $367,688 · end of year $738,030

• 19 · Deferred revenue

  beginning of year $11,282 · end of year $0

• 25 · Other liabilities

  beginning of year $1,709,884 · end of year $11,957,721

• 27 · Net assets without donor restrictions

  beginning of year -$151,666 · end of year -$3,035,035

The filer's explanations (Part III)

PART I, LINE 3

ALL EMPLOYEES WERE PAID OUT OF VIVENT HEALTH ("VH") A RELATED ORGANIZATION. VIVENT HEALTH USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE PRESIDENT & CEO: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4B

PRESIDENT AND CEO, BRANDON HILL, AND CHIEF FINANCIAL OFFICER, TIMOTHY DYER, PARTICIPATE IN A 457(F) PLAN SPONSORED BY VIVENT HEALTH. TIMOTHY DYER WAS PAID OUT $45,438 FROM THE 457 (F) PLAN DURING THE CALENDAR YEAR ENDING WITHIN THE TAXABLE YEAR.

PART I, LINE 6

ALL STAFF HAVE PAY FOR PERFORMANCE GOALS EACH YEAR, AND AS PART OF THOSE GOALS, SOME SENIOR STAFF HAVE A NET EARNINGS TARGET AS ONE OF THEIR GOALS. HOWEVER, COMPENSATION IS NOT CALCULATED BASED ON THE NET EARNINGS, BUT ON THE ACHIEVEMENT OF THE NET EARNINGS GOAL ITSELF.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• VIVENT PHARMACY MICHIGAN LLC

  RETAIL PHARMACY · MI · income $0 · assets $581,513

  Directly controlled by WELLNESS NETWORKS INC DBA VIVENT HEALTH MICHIGAN