Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Patient service revenue

  total $10,792,346 · related or exempt $10,792,346

• 2b · Program service revenue: Rental income

  total $620,516 · related or exempt $620,516

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

  other assets $6,214

• 7c · Gain or loss

  other assets -$6,214

• 7d · Net gain or loss

  total -$6,214 · excluded -$6,214

Functional expenses

Part IX, the statement of functional expenses.

• 11a · Fees: management

  total $325,907 · management and general $325,907

• 11g · Fees: other

  total $12,370,831 · program services $12,370,831

• 13 · Office expenses

  total $25,843 · program services $25,843

• 16 · Occupancy

  total $1,479,044 · program services $1,479,044

• 17 · Travel

  total $17,468 · program services $17,468

• 19 · Conferences, conventions and meetings

  total $662 · program services $662

• 22 · Depreciation, depletion and amortization

  total $2,608 · program services $2,608

• 23 · Insurance

  total $103,482 · program services $103,482

• 24a · Other expenses: Medical/pharmaceutical

  total $1,107,721 · program services $1,107,721

• 24b · Other expenses: Provision for bad debts

  total $389,402 · program services $389,402

• 24c · Other expenses: Equipment rental

  total $48,380 · program services $48,380

• 24d · Other expenses: Forms and supplies

  total $4,776 · program services $4,776

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,485,359 · end of year $122,041

• 4 · Accounts receivable

  beginning of year $2,470,916 · end of year $917,909

• 9 · Prepaid expenses and deferred charges

  beginning of year $88,979 · end of year $107,276

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $8,823

• 14 · Intangible assets

  end of year $1,535,456

• 17 · Accounts payable and accrued expenses

  beginning of year $3,774,400 · end of year $31,355

• 24 · Unsecured notes and loans payable

  beginning of year $237,163 · end of year $0

• 25 · Other liabilities

  beginning of year $4,972 · end of year $1,783,261

• 27 · Net assets without donor restrictions

  beginning of year $37,542 · end of year $868,066

The filer's explanations (Part III)

Part I, Line 3

The Organization's President & CEO's compensation was established by a related organization, Catholic Medical Center. That organization used a compensation committee, independent compensation consultant, Form 990 of other organizations, a compensation survey/study, and approval by their board of directors/compensation committee to determine the President & CEO's compensation and benefits.

Part I, Lines 4a-b

Schedule J, Page 1, Line 4a, severance payments: Dr. Joseph Pepe, who previously served as the Organization's President and CEO, retired in June, 2021. As part of his retirement, Dr. Pepe became entitled to severance compensation, as per his employment agreement, from the Catholic Medical Center (a related organization). Dr. Pepe received severance compensation of $733,333 during calendar year 2022, after his formal retirement in June, 2021. This severance was included in his 2022 Form W-2 wages, and is also included in the amount of compensation reported on this Schedule J, Part II, Column B(iii). Schedule J, Page 1, Line 4b, supplemental non-qualified retirement plans: The following individuals take part in a section 457(f) forfeitable nonqualified deferred compensation plan. The amounts listed represent calendar year 2022 contributions for many years of service, and are included in the total deferred compensation reported on this Schedule J, Part II, Column C. - Edward Dudley, III: $211,145 - Alexander Walker, Jr., Esq.: $280,646

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• Alliance Urgent Care Services LLC

  Health Care Services · NH

• Bedford Ambulatory Surgical Center LLC

  Surgical Center · NH

Related corporations and trusts

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

• Alliance Enterprises

  C · Real Estate · NH

• Doctors' Medical Association

  C · Medical Office Building · NH