Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $582

• 1f · All other contributions, gifts and grants

  $87,192

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $5,146,564 · related or exempt $5,146,564

• 2b · Program service revenue: OTHER PATIENT REVENUE

  total $7,477 · related or exempt $7,477

• 3 · Investment income

  total $164,270 · excluded $164,270

• 6a · Gross rents

  real property $248,652

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $248,652

• 6d · Net rental income or loss

  total $248,652 · excluded $248,652

• 7a · Gross sales of assets other than inventory

  securities $25,000

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

  securities $52,590 · other assets $446,036

• 7c · Gain or loss

  securities -$27,590 · other assets -$446,036

• 7d · Net gain or loss

  total -$473,626 · excluded -$473,626

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $49,928 · excluded $49,928

• 11e · Other revenue, total

  $49,928

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $37,795 · program services $37,795

• 5 · Compensation of officers, directors and key employees

  total $142,460 · management and general $142,460

• 7 · Other salaries and wages

  total $3,721,862 · program services $3,820,190 · management and general -$98,328

• 8 · Pension plan contributions

  total $56,935 · program services $42,315 · management and general $14,620

• 9 · Other employee benefits

  total $922,490 · program services $594,215 · management and general $328,275

• 10 · Payroll taxes

  total $306,228 · program services $222,015 · management and general $84,213

• 11a · Fees: management

  total $2,195,931 · program services $1,592,050 · management and general $603,881

• 11b · Fees: legal

  total $39,694 · management and general $39,694

• 11c · Fees: accounting

  total $72,416 · management and general $72,416

• 11f · Fees: investment management

  total $16,780 · management and general $16,780

• 11g · Fees: other

  total $402,423 · program services $357,084 · management and general $45,339

• 12 · Advertising and promotion

  total $2,877 · management and general $2,877

• 13 · Office expenses

  total $74,581 · program services $47,783 · management and general $26,630 · fundraising $168

• 14 · Information technology

  total $141,244 · program services $92,054 · management and general $49,190

• 16 · Occupancy

  total $177,240 · program services $128,499 · management and general $48,741

• 17 · Travel

  total $105,705 · program services $105,705

• 19 · Conferences, conventions and meetings

  total $620 · management and general $620

• 22 · Depreciation, depletion and amortization

  total $163,074 · program services $118,229 · management and general $44,845

• 23 · Insurance

  total $69,864 · management and general $69,864

• 24a · Other expenses: DRUGS & MEDICAL SUPPLIE

  total $126,554 · program services $126,554

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $55,935 · program services $50 · management and general $55,885

• 24c · Other expenses: BAD DEBT

  total $26,599 · program services $26,599

• 24e · All other expenses

  total $33,344 · program services $15,229 · management and general $15,787 · fundraising $2,328

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $190,404 · end of year $291,652

• 2 · Savings and temporary cash investments

  beginning of year $1,501,999 · end of year $771,733

• 3 · Pledges and grants receivable

  beginning of year $50,000 · end of year $0

• 4 · Accounts receivable

  beginning of year $798,570 · end of year $436,814

• 9 · Prepaid expenses and deferred charges

  beginning of year $216,267 · end of year $35,135

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

  $3,775,028

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

  $1,211,448

• 10c · Land, buildings and equipment, net

  beginning of year $3,163,658 · end of year $2,563,580

• 11 · Investments: publicly traded securities

  beginning of year $3,466,670 · end of year $4,166,877

• 15 · Other assets

  beginning of year $155,479 · end of year $401,819

• 17 · Accounts payable and accrued expenses

  beginning of year $806,920 · end of year $582,218

• 19 · Deferred revenue

  beginning of year $160,864 · end of year $0

• 25 · Other liabilities

  beginning of year $1,611,202 · end of year $4,149,457

• 27 · Net assets without donor restrictions

  beginning of year $4,280,455 · end of year $2,539,566

• 28 · Net assets with donor restrictions

  beginning of year $2,683,606 · end of year $1,396,369

The filer's explanations (Part III)

PART I, LINE 3

THE CEO/EXECUTIVE DIRECTOR OF HOPEHEALTH COMMUNITY VNA IS PAID BY A RELATED ORGANIZATION, HOPEHEALTH INC., WHICH USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 7

AFTER A REVIEW OF PERFORMANCE METRICS, INDIVIDUALS ARE AWARDED BONUS AMOUNTS WITHIN GIVEN PARAMETERS. THE BONUS AMOUNTS ARE REVIEWED AS PART OF BONUS AMOUNTS FOR MANAGERS AND DIRECTORS ARE APPROVED BY THE PRESIDENT & AN INDIVIDUALS' FULL COMPENSATION PACKAGE TO MAKE SURE IT IS REASONABLE. CEO. OTHER BONUS AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS.