Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $3,336,821

• 1e · Government grants (contributions)

  $23,589

• 1f · All other contributions, gifts and grants

  $29,304

• 2a · Program service revenue: FEES FOR SERVICES

  total $567,328 · related or exempt $567,328

• 2b · Program service revenue: EDUCATION REGISTRATION INCOME

  total $110,085 · related or exempt $110,085

• 6a · Gross rents

  real property $2,028,873

• 6b · Less rental expenses

  real property $2,078,853

• 6c · Rental income or loss

  real property -$49,980

• 6d · Net rental income or loss

  total -$49,980 · excluded -$49,980

• 7a · Gross sales of assets other than inventory

  other assets $49,980

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

  other assets $0

• 7c · Gain or loss

  other assets $49,980

• 7d · Net gain or loss

  total $49,980 · excluded $49,980

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $1,013,504 · program services $1,013,504

• 8 · Pension plan contributions

  total $39,652 · program services $39,652

• 9 · Other employee benefits

  total $141,485 · program services $141,485

• 10 · Payroll taxes

  total $56,734 · program services $56,734

• 11b · Fees: legal

  total $25,773 · program services $25,773

• 11g · Fees: other

  total $293,273 · program services $293,273

• 13 · Office expenses

  total $3,425 · program services $3,425

• 14 · Information technology

  total $139,772 · program services $139,772

• 16 · Occupancy

  total $32,308 · program services $32,308

• 17 · Travel

  total $7,615 · program services $7,615

• 19 · Conferences, conventions and meetings

  total $27,396 · program services $27,396

• 22 · Depreciation, depletion and amortization

  total $2,399 · program services $2,399

• 24a · Other expenses: OVERHEAD EXPENSE

  total $719,780 · management and general $719,780

• 24b · Other expenses: BAD DEBT

  total $26,835 · program services $26,835

• 24c · Other expenses: MEMBERSHIP DUES

  total $1,825 · program services $1,825

• 24d · Other expenses: LICENSE & MAINTANCE CON

  total $282 · program services $282

• 24e · All other expenses

  total $7,013 · program services $7,013

Balance sheet

Part X, book values.

• 4 · Accounts receivable

  beginning of year $520,661 · end of year $6,225

• 9 · Prepaid expenses and deferred charges

  beginning of year $30,893 · end of year $24,944

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

  $22,711,385

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

  $9,016,417

• 10c · Land, buildings and equipment, net

  beginning of year $12,913,117 · end of year $13,694,968

• 15 · Other assets

  beginning of year $1,438,536 · end of year $83,513

• 17 · Accounts payable and accrued expenses

  beginning of year $293,651 · end of year $347,171

• 19 · Deferred revenue

  beginning of year $235,972 · end of year $221,530

• 23 · Secured mortgages and notes payable

  beginning of year $5,000,000 · end of year $5,000,000

• 25 · Other liabilities

  beginning of year $5,408,740 · end of year $3,008,864

• 27 · Net assets without donor restrictions

  beginning of year $3,964,844 · end of year $5,232,085

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION IS PAID BY A RELATED ORGANIZATION, CONNECTICUT HOSPITAL ASSOCIATION INCORPORATED THAT USES THE FOLLOWING PROCEDURES TO DETERMINE COMPENSATION: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Related corporations and trusts

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

• CHA INSURANCE SERVICES INC

  C · MARKETING SERVICES · CT

• CHIME INC

  C · DEVELOPING INFORMATION SYSTEMS · CT

• CHIMENET INC

  C · SERVICES · CT

• DIVERSIFIED NETWORK SERVICES INC

  C · SERVICES · CT