Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $133,850

• 1f · All other contributions, gifts and grants

  $74,741

• 2a · Program service revenue: PATIENT REVENUE

  total $4,902,700 · related or exempt $4,902,700

• 3 · Investment income

  total $54,945 · excluded $54,945

• 7a · Gross sales of assets other than inventory

  securities $53,806

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

  securities $0

• 7c · Gain or loss

  securities $53,806

• 7d · Net gain or loss

  total $53,806 · excluded $53,806

• 8a · Fundraising events: gross income

  $26,930

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

  $133,850

• 8b · Fundraising events: direct expenses

  $13,984

• 8c · Net income from fundraising events

  total $12,946 · excluded $12,946

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $3,028,455 · program services $2,544,376 · management and general $484,079

• 8 · Pension plan contributions

  total $186,213 · program services $147,108 · management and general $39,105

• 9 · Other employee benefits

  total $532,036 · program services $409,667 · management and general $122,369

• 10 · Payroll taxes

  total $168,478 · program services $133,098 · management and general $35,380

• 11a · Fees: management

  total $46,968 · program services $36,689 · management and general $10,279

• 11c · Fees: accounting

  total $39,587 · management and general $39,587

• 12 · Advertising and promotion

  total $45,364 · fundraising $45,364

• 13 · Office expenses

  total $48,070 · management and general $47,370 · fundraising $700

• 14 · Information technology

  total $89,933 · program services $89,933

• 16 · Occupancy

  total $140,348 · program services $87,677 · management and general $52,671

• 17 · Travel

  total $63,683 · program services $63,683

• 22 · Depreciation, depletion and amortization

  total $161,142 · program services $92,455 · management and general $68,687

• 24a · Other expenses: HOSPICE COSTS

  total $567,753 · program services $567,753

• 24b · Other expenses: DME

  total $134,622 · program services $134,622

• 24c · Other expenses: PHARMACY COSTS

  total $100,637 · program services $100,637

• 24e · All other expenses

  total $36,450 · program services $33,510 · fundraising $2,940

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $221,869 · end of year $190,452

• 4 · Accounts receivable

  beginning of year $644,847 · end of year $545,681

• 9 · Prepaid expenses and deferred charges

  beginning of year $55,216 · end of year $43,742

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

  $5,069,340

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

  $2,903,069

• 10c · Land, buildings and equipment, net

  beginning of year $2,322,414 · end of year $2,166,271

• 11 · Investments: publicly traded securities

  beginning of year $2,140,744 · end of year $2,384,232

• 15 · Other assets

  beginning of year $30,019 · end of year $16,274

• 17 · Accounts payable and accrued expenses

  beginning of year $327,238 · end of year $328,211

• 25 · Other liabilities

  beginning of year $54,512 · end of year $7,095

• 27 · Net assets without donor restrictions

  beginning of year $5,033,359 · end of year $5,011,346

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION IS DETERMINED BY THE HUMAN RESOURCES DEPARTMENT OF SCOTLAND MEMORIAL HOSPITAL BASED ON EXTERNAL HOSPICE SALARY SCALES. A SALARY SCALE FOR EACH POSITION IS COMPARED FROM OUR HEALTHCARE SYSTEM, MVI,AND AVAILABLE COMPENSATION STUDIES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. GREGORY WOOD, PRESIDENT AND CEO, AND LUCIEN ST. ONGE, SENIOR VICE PRESIDENT OF FINANCE, ARE BOTH COMPENSATED BY AN UNRELATED ENTITY.