Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $58,500

• 1f · All other contributions, gifts and grants

  $654,800

• 2a · Program service revenue: MEMBERSHIP DUES

  total $5,747,075 · related or exempt $5,747,075

• 2b · Program service revenue: DATABASE PROGRAM FEES

  total $1,965,791 · related or exempt $1,965,791

• 2c · Program service revenue: Workshops, Seminars, Convention

  total $588,961 · related or exempt $588,961

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $1,246,452 · excluded $1,246,452

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $1,027,986

• 7c · Gain or loss

  securities $1,027,986 · other assets $0

• 7d · Net gain or loss

  total $1,027,986 · excluded $1,027,986

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: CONSULTING

  total $1,219,907 · related or exempt $461,962 · unrelated business $757,945

• 11b · Other revenue: Captive Operating Income

  total $657,777 · related or exempt $657,777

• 11c · Other revenue: Miscellaneous

  total $600 · excluded $600

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $1,878,284

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $4,690,024

• 7 · Other salaries and wages

  total $672,309

• 8 · Pension plan contributions

  total $478,607

• 9 · Other employee benefits

  total $599,919

• 10 · Payroll taxes

  total $344,193

• 11b · Fees: legal

  total $25,767

• 11c · Fees: accounting

  total $84,824

• 11f · Fees: investment management

  total $24,748

• 11g · Fees: other

  total $477,281

• 12 · Advertising and promotion

  total $17,441

• 13 · Office expenses

  total $213,299

• 14 · Information technology

  total $1,207,448

• 16 · Occupancy

  total $250,071

• 17 · Travel

  total $127,021

• 19 · Conferences, conventions and meetings

  total $929,685

• 20 · Interest

  total $38,992

• 22 · Depreciation, depletion and amortization

  total $12,574

• 23 · Insurance

  total $55,223

• 24a · Other expenses: Income Taxes

  total $354,061

• 24b · Other expenses: MEMBERSHIP ACTIVITIES

  total $162,219

• 24c · Other expenses: PUBLIC AWARENESS AND ADVOCACY

  total $158,582

• 24d · Other expenses: Sponsor Expense

  total $52,969

• 24e · All other expenses

  total -$20,891

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $104,856 · end of year $328,997

• 4 · Accounts receivable

  beginning of year $1,882,419 · end of year $1,979,927

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $355,334 · end of year $458,023

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

  $390,512

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

  $384,055

• 10c · Land, buildings and equipment, net

  beginning of year $15,998 · end of year $6,457

• 11 · Investments: publicly traded securities

  beginning of year $13,256,177 · end of year $12,130,685

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $14,172,020 · end of year $15,718,375

• 15 · Other assets

  beginning of year $1,288,241 · end of year $1,080,767

• 17 · Accounts payable and accrued expenses

  beginning of year $4,061,733 · end of year $1,776,067

• 19 · Deferred revenue

  beginning of year $1,962,980 · end of year $2,023,879

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $1,888,405 · end of year $2,529,875

• 27 · Net assets without donor restrictions

  beginning of year $23,161,927 · end of year $25,373,410

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions

THE ORGANIZATION HAS A POLICY THAT STATES: Generally, expenses incurred by a spouse or companion of a GHA employee are not reimbursable unless there is a business purpose for the expenses and the GHA employee has obtained prior written approval from the employee's supervisor. For the President, the terms of travel expense reimbursement are dictated by their employment contract: GHA shall reimburse the President for travel, board, meals and other reasonably necessary business costs incurred in connection with, and necessary for the performance of, their duties and responsibilities under this agreement. Such reimbursement shall extend to reasonable travel expenses incurred by the Presidents spouse where their attendance is expected at certain business-related functions.

Schedule J, Part I, Line 1a Health or social club dues or initiation fees

Club dues and initiation fees were only paid for the president/CEO and were included as a term of their employment contract.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

CEO and other leadership team members have a 457(f) deferred compensation plan. Plan vested in December 2023 for the following with payout in 2024: Adams, Charles T $81,397.78 Plans vested in January 2024 for the following with payouts in 2024: Adams, Anna $137,098.93; Conley, Keri $191,636.16; Rogers, Earl $1,909,732.11; Summers, Carie $289,191.56

Schedule J, Part II

GEORGIA HOSPITAL ASSOCIATION ISSUES W-2'S FOR ITS OFFICERS, HOWEVER PORTIONS OF THEIR SALARIES AND BENEFITS ARE ALLOCATED TO OTHER RELATED ENTITIES. THE ALLOCATIONS ARE AS FOLLOWS: EARL ROGERS - 100% TO GEORGIA HOSPITAL ASSOCIATION (GHA). CARIE SUMMERS - 70% TO GHA, 15% TO GHAREF, 10% TO HCIR, AND 5% TO GHHS. KERI CONLEY - 65% TO GHA, 25% TO GHREF, 5% TO HCIR AND 5% TO GHHS ANNA ADAMS - 90% TO GHA and 10% to GHREF Caylee Noggle - 80% to GHA, 5% to GHAREF, 10% to HCIR and 5% to GHHS Bill Wylie - 50% to GHA, 5% to GHREF, 25% to HCIR and 20% to GHHS Steven McWilliams - 50% to GHA, 40% to GHREF and 10% to GHHS Leigh Beakley - 55% to GHA, 40% to GHREF, 4% to HCIR and 1% to GHHS Carolyn Gurney - 50% to GHA and 50% to GHREF John Roberts - 100% to GHA Leslie Sainovich - 65% to GHA and 35% to GHREF

Related corporations and trusts

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

• HEALTH CARE INSURANCE RESOURCES

  C Corporation · INSURANCE MARKETING · GA · 100% owned · share of income $5,848,144 · share of assets $7,708,173 · controlled entity

  Directly controlled by GEORGIA HOSPITAL ASSOCIATION INC

• GEORGIA HOSPITAL HEALTH SERVICES

  C Corporation · PROFESSIONAL SERVICES · GA · 100% owned · share of income $450,562 · share of assets $242,536 · controlled entity

  Directly controlled by GEORGIA HOSPITAL ASSOCIATION INC

• GEORGIA HEALTHCARE INSURANCE COMPANY SPC

  C Corporation · INSURANCE · CJ · 100% owned · share of income $1,226,973 · share of assets $9,844,645 · controlled entity

  Directly controlled by GEORGIA HOSPITAL ASSOCIATION INC