Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: OTHER CONTRACT REVENUE

  total $3,106,761 · related or exempt $3,106,761

• 3 · Investment income

  total $202,762 · unrelated business $129,547 · excluded $73,215

• 6a · Gross rents

  real property $16,861

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $16,861

• 6d · Net rental income or loss

  total $16,861 · excluded $16,861

• 7a · Gross sales of assets other than inventory

  securities $1,975,808

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

  securities $1,863,730 · other assets $113,607

• 7c · Gain or loss

  securities $112,078 · other assets -$113,607

• 7d · Net gain or loss

  total -$1,529 · unrelated business -$113,607 · excluded $112,078

• 11a · Other revenue: SCHEDULE K-1 ORDINARY INCOME - VE

  total -$112,312 · unrelated business -$112,312

• 11d · All other revenue

  total $690 · related or exempt $690

• 11e · Other revenue, total

  -$111,622

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $597,260 · program services $201,407 · management and general $395,853

• 7 · Other salaries and wages

  total $1,744,866 · program services $588,402 · management and general $1,156,464

• 8 · Pension plan contributions

  total $70,661 · program services $23,828 · management and general $46,833

• 9 · Other employee benefits

  total $296,769 · program services $100,076 · management and general $196,693

• 10 · Payroll taxes

  total $179,945 · program services $60,681 · management and general $119,264

• 11a · Fees: management

  total $329,507 · management and general $329,507

• 11b · Fees: legal

  total $19,531 · management and general $19,531

• 11c · Fees: accounting

  total $118,981 · management and general $118,981

• 11f · Fees: investment management

  total $24,275 · management and general $24,275

• 11g · Fees: other

  total $679,621 · program services $661,736 · management and general $17,885

• 13 · Office expenses

  total $224,252 · program services $121,597 · management and general $102,655

• 16 · Occupancy

  total $68,406 · program services $605 · management and general $67,801

• 17 · Travel

  total $18,320 · program services $1,302 · management and general $17,018

• 19 · Conferences, conventions and meetings

  total $103,175 · management and general $103,175

• 22 · Depreciation, depletion and amortization

  total $16,861 · management and general $16,861

• 23 · Insurance

  total $95,447 · management and general $95,447

• 24a · Other expenses: EQUIPMENT RENTAL

  total $24,247 · management and general $24,247

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $844 · management and general $844

• 24e · All other expenses

  total $78,918 · program services $24,823 · management and general $54,095

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $630 · end of year $630

• 2 · Savings and temporary cash investments

  beginning of year $365,771 · end of year $202,174

• 4 · Accounts receivable

  beginning of year $796,975 · end of year $666,597

• 9 · Prepaid expenses and deferred charges

  beginning of year $261,764 · end of year $244,141

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

  $96,661

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

  $55,812

• 10c · Land, buildings and equipment, net

  beginning of year $57,710 · end of year $40,849

• 11 · Investments: publicly traded securities

  beginning of year $9,284,127 · end of year $7,210,277

• 14 · Intangible assets

  end of year $166,033

• 15 · Other assets

  beginning of year $1,138,303 · end of year $1,140,100

• 17 · Accounts payable and accrued expenses

  beginning of year $455,871 · end of year $764,697

• 25 · Other liabilities

  beginning of year $112,442 · end of year $1,139,038

• 27 · Net assets without donor restrictions

  beginning of year $11,336,967 · end of year $7,767,066

The filer's explanations (Part III)

PART I, LINE 4A

MARY JANE BRUBAKER, OUTGOING CEO RECEIVED SEVERANCE OF $81,149 IN 2022.

PART I, LINE 7

INCLUDED ON SCHEDULE J, PART II, COLUMN B(II) REPRESENTS BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S W-2'S.

Related corporations and trusts

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

• VERITAS MEDICAL REVIEW SOLUTIONS LLC

  S · MEDICAL REVIEW · PA · 100% owned · share of income -$712,705 · share of assets $5,545,075 · controlled entity

  Directly controlled by HQSI