Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $6,322,686

• 1f · All other contributions, gifts and grants

  $632,413

• 1g · Noncash contributions included above

  $629,581

• 2a · Program service revenue: MEDICAID

  total $5,778,075 · related or exempt $5,778,075

• 2b · Program service revenue: OTHER THIRD-PARTY PAYORS

  total $4,213,079 · related or exempt $4,213,079

• 2c · Program service revenue: 340B PHARMACY

  total $1,200,002 · related or exempt $1,200,002

• 2d · Program service revenue: SELF-PAY

  total $891,857 · related or exempt $891,857

• 2e · Program service revenue: MEDICARE

  total $622,930 · related or exempt $622,930

• 3 · Investment income

  total $19,039 · excluded $19,039

• 6a · Gross rents

  real property $76,261

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $76,261

• 6d · Net rental income or loss

  total $76,261 · excluded $76,261

• 7a · Gross sales of assets other than inventory

  securities $1,941

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

  securities $0

• 7c · Gain or loss

  securities $1,941

• 7d · Net gain or loss

  total $1,941 · excluded $1,941

• 11a · Other revenue: KUMED FELLOWSHIP

  total $54,916 · related or exempt $54,916

• 11d · All other revenue

  total $49,774 · related or exempt $49,774

• 11e · Other revenue, total

  $104,690

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $25,652 · program services $25,652

• 5 · Compensation of officers, directors and key employees

  total $214,223 · program services $176,850 · management and general $37,373

• 7 · Other salaries and wages

  total $11,812,026 · program services $9,673,543 · management and general $2,138,483

• 8 · Pension plan contributions

  total $12,542 · program services $11,235 · management and general $1,307

• 9 · Other employee benefits

  total $1,619,805 · program services $1,450,994 · management and general $168,811

• 10 · Payroll taxes

  total $883,413 · program services $791,347 · management and general $92,066

• 11b · Fees: legal

  total $94,330 · management and general $94,330

• 11c · Fees: accounting

  total $53,795 · management and general $53,795

• 11g · Fees: other

  total $739,736 · program services $626,707 · management and general $113,029

• 12 · Advertising and promotion

  total $75,637 · program services $46,405 · management and general $29,232

• 13 · Office expenses

  total $540,809 · program services $310,966 · management and general $229,843

• 14 · Information technology

  total $104,997 · program services $72,513 · management and general $32,484

• 16 · Occupancy

  total $820,591 · program services $733,706 · management and general $86,885

• 17 · Travel

  total $88,258 · program services $70,408 · management and general $17,850

• 19 · Conferences, conventions and meetings

  total $114,935 · program services $85,005 · management and general $29,930

• 20 · Interest

  total $52,416 · program services $13,335 · management and general $39,081

• 22 · Depreciation, depletion and amortization

  total $160,720 · management and general $160,720

• 23 · Insurance

  total $134,359 · program services $10,329 · management and general $124,030

• 24a · Other expenses: MEDICAL SUPPLIES

  total $2,083,844 · program services $2,072,336 · management and general $11,508

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $179,740 · program services $95,243 · management and general $84,497

• 24c · Other expenses: LICENSES AND DUES

  total $172,274 · program services $32,614 · management and general $139,660

• 24d · Other expenses: RECRUITING

  total $7,779 · program services $1,250 · management and general $6,529

• 24e · All other expenses

  total $35,778 · program services $15,683 · management and general $20,095

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $747,940 · end of year $1,110,577

• 2 · Savings and temporary cash investments

  beginning of year $250,828 · end of year $259,878

• 3 · Pledges and grants receivable

  beginning of year $595,534 · end of year $388,851

• 4 · Accounts receivable

  beginning of year $1,044,258 · end of year $2,103,711

• 8 · Inventories for sale or use

  beginning of year $22,751 · end of year $76,233

• 9 · Prepaid expenses and deferred charges

  beginning of year $124,666 · end of year $190,810

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

  $3,887,819

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

  $1,593,634

• 10c · Land, buildings and equipment, net

  beginning of year $2,380,836 · end of year $2,294,185

• 11 · Investments: publicly traded securities

  beginning of year $150,165 · end of year $149,445

• 14 · Intangible assets

  end of year $1,588,723

• 15 · Other assets

  beginning of year $110,400 · end of year $110,400

• 17 · Accounts payable and accrued expenses

  beginning of year $1,352,468 · end of year $2,298,028

• 19 · Deferred revenue

  beginning of year $203,503 · end of year $228,443

• 23 · Secured mortgages and notes payable

  beginning of year $585,791 · end of year $1,233,574

• 25 · Other liabilities

  beginning of year $0 · end of year $1,394,501

• 27 · Net assets without donor restrictions

  beginning of year $3,113,952 · end of year $2,595,045

• 28 · Net assets with donor restrictions

  beginning of year $171,664 · end of year $523,222

The filer's explanations (Part III)

PART II, COLUMN B(II):

INCLUDED ON SCHEDULE J, PART II, COLUMN B(II) ARE AMOUNTS REPRESENTING PERFORMANCE INCENTIVES FOR PHYSICIANS BASED ON ACTUAL PRODUCTION INCLUDED IN CONTRACTUAL AGREEMENT.