Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $275,366

• 1f · All other contributions, gifts and grants

  $30,000

• 2a · Program service revenue: PATIENT SERVICE REVENUE

  total $41,201,839 · related or exempt $41,201,839

• 2b · Program service revenue: Medical Office Building Rental

  total $128,658 · related or exempt $128,658

• 2c · Program service revenue: OTHER PROGRAM SERVICE REVENUE

  total $95,439 · related or exempt $95,439

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $1,092,135 · excluded $1,092,135

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,637,353 · management and general $1,637,353

• 7 · Other salaries and wages

  total $20,948,437 · program services $16,337,070 · management and general $4,611,367

• 8 · Pension plan contributions

  total $2,646,931 · program services $2,064,264 · management and general $582,667

• 9 · Other employee benefits

  total $253,989 · program services $198,079 · management and general $55,910

• 10 · Payroll taxes

  total $1,586,590 · program services $1,237,335 · management and general $349,255

• 11a · Fees: management

  total $31,500 · program services $24,566 · management and general $6,934

• 11b · Fees: legal

  total $23,964 · program services $18,689 · management and general $5,275

• 11g · Fees: other

  total $7,911,165 · program services $6,169,685 · management and general $1,741,480 · fundraising $0

• 12 · Advertising and promotion

  total $16,007 · program services $12,483 · management and general $3,524

• 13 · Office expenses

  total $2,797,458 · program services $2,181,655 · management and general $615,803

• 16 · Occupancy

  total $877,337 · program services $684,209 · management and general $193,128

• 17 · Travel

  total $123,893 · program services $96,621 · management and general $27,272

• 19 · Conferences, conventions and meetings

  total $14,754 · program services $11,506 · management and general $3,248

• 20 · Interest

  total $831,322 · program services $648,324 · management and general $182,998

• 22 · Depreciation, depletion and amortization

  total $1,993,229 · program services $1,554,461 · management and general $438,768

• 23 · Insurance

  total $1,092,379 · program services $851,914 · management and general $240,465

• 24a · Other expenses: MEDICAL SUPPLIES

  total $2,289,474 · program services $2,289,474

• 24b · Other expenses: FOOD

  total $326,537 · program services $254,657 · management and general $71,880

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $270,154 · program services $210,685 · management and general $59,469

• 24d · Other expenses: HAZARDOUS WASTE

  total $60,023 · program services $46,810 · management and general $13,213

• 24e · All other expenses

  total $678,737 · program services $529,326 · management and general $149,411 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $20,219,781 · end of year $12,477,480

• 2 · Savings and temporary cash investments

  beginning of year $1,043,613 · end of year $3,708,687

• 4 · Accounts receivable

  beginning of year $4,417,351 · end of year $5,489,641

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  beginning of year $1,007,305 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $1,406,457 · end of year $1,887,119

• 9 · Prepaid expenses and deferred charges

  beginning of year $647,743 · end of year $389,053

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

  $72,648,896

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

  $53,581,744

• 10c · Land, buildings and equipment, net

  beginning of year $19,453,141 · end of year $19,067,152

• 11 · Investments: publicly traded securities

  beginning of year $61,817 · end of year $61,817

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $82,828 · end of year $0

• 15 · Other assets

  beginning of year $725 · end of year $199,675

• 17 · Accounts payable and accrued expenses

  beginning of year $4,325,177 · end of year $3,221,498

• 20 · Tax-exempt bond liabilities

  beginning of year $17,365,000 · end of year $16,202,763

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year -$326,258 · end of year $467,317

• 27 · Net assets without donor restrictions

  beginning of year $26,976,842 · end of year $23,389,046

The filer's explanations (Part III)

Schedule J, Part I, Line 7 Non-fixed payments

PHYSICIANS HAVE A RVU TARGET. EACH YEAR THEY RECEIVE A BONUS BASED ON HOW MANY RVUS THEY ARE ABOVE THE TARGET.