Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $7,449,068

• 1g · Noncash contributions included above

  $100,353

• 3 · Investment income

  total $992,186 · excluded $992,186

• 7a · Gross sales of assets other than inventory

  securities $97,291

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

  securities $109,495

• 7c · Gain or loss

  securities -$12,204

• 7d · Net gain or loss

  total -$12,204 · excluded -$12,204

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $738,986 · program services $738,986

• 11f · Fees: investment management

  total $9,573 · management and general $9,573

• 11g · Fees: other

  total $3,276 · management and general $3,276

• 24a · Other expenses: BAD DEBT ALLOWANCE

  total $7,079 · program services $0 · management and general $7,079 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $514,295 · end of year $409,854

• 2 · Savings and temporary cash investments

  beginning of year $19,700,196 · end of year $30,408,748

• 3 · Pledges and grants receivable

  beginning of year $57,618,871 · end of year $54,679,132

• 11 · Investments: publicly traded securities

  beginning of year $10,648,416 · end of year $11,406,208

• 15 · Other assets

  beginning of year $256,258 · end of year $312,799

• 27 · Net assets without donor restrictions

  beginning of year $11,921,390 · end of year $13,471,387

• 28 · Net assets with donor restrictions

  beginning of year $76,816,646 · end of year $83,745,354

The filer's explanations (Part III)

PART I, LINE 1A

PEACEHEALTH A (RELATED ORGANIZATION) HAS POLICES REGARDING THE ELIGIBILITY OF EXECUTIVES FOR THESE ITEMS. FOR EXAMPLE TRAVEL FOR COMPANIONS AND HOUSING ALLOWANCES ARE RELATED TO RELOCATION BENEFITS OR FIRST CLASS TRAVEL FOR FLIGHTS EXCEEDING SIX HOURS IN DURATION. THESE BENEFITS WERE REPORTED AND TREATED AS TAXABLE.

PART I, LINE 3

THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES. EMPLOYEES ARE COMPENSATED BY PEACEHEALTH (A RELATED ORGANIZATION) WHICH USES A MARKET BASED COMPENSATION PROGRAM UTILIZING SEVERAL INDEPENDENT THIRD PARTY COMPENSATION MARKET SURVEYS TO ESTABLISH PAY RANGES FOR THE POSITION. PEACEHEALTH ESTABLISHES THE INDIVIDUAL RATE OF PAY WITHIN THE PAY RANGE BASED ON RELEVANT EXPERIENCE/SKILLS/COMPETENCE TO DO THE JOB. THE RANGES OF PAY RATES ARE REVIEWED ON AN ANNUAL BASIS.

PART I, LINE 4B

PEACEHEALTH (A RELATED ORGANIZATION) HAS POLICES REGARDING THE ELIGIBILITY OF EXECUTIVES FOR THESE ITEMS. BOARD MEMBERS LISTED ON SCHEDULE J ARE EMPLOYEES OF PEACEHEALTH (A RELATED ORGANIZATION) AND PEACEHEALTH'S CEO, EXECUTIVE VICE PRESIDENT, SENIOR VICE PRESIDENT, CERTAIN PHYSICIANS AND OTHER HIGHLY COMPENSATED EMPLOYEES ARE ELIGIBLE TO PARTICIPATE IN VARIOUS NONQUALIFIED RETIREMENT PLANS. CONTRIBUTIONS TO THESE PLANS AND RELATED INVESTMENT RETURNS ARE DISCLOSED ON SCHEDULE J AS DEFERRED COMPENSATION AND AS BONUS COMPENSATION WHEN PAID TO THE INDIVIDUAL.