Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $10,384

• 1g · Noncash contributions included above

  $4,000

• 3 · Investment income

  total $3,659 · excluded $3,659

• 7a · Gross sales of assets other than inventory

  securities $8,313

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

  securities $0

• 7c · Gain or loss

  securities $8,313

• 7d · Net gain or loss

  total $8,313 · excluded $8,313

• 8a · Fundraising events: gross income

  $34,612

• 8b · Fundraising events: direct expenses

  $58,122

• 8c · Net income from fundraising events

  total -$23,510 · excluded -$23,510

• 10a · Gross sales of inventory

  $226,679

• 10b · Cost of goods sold

  $131,588

• 10c · Net income from sales of inventory

  total $95,091 · related or exempt $95,091

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $116,124 · program services $58,284 · management and general $40,100 · fundraising $17,740

• 9 · Other employee benefits

  total $720 · program services $720

• 10 · Payroll taxes

  total $174 · program services $174

• 11c · Fees: accounting

  total $3,785 · management and general $3,785

• 11f · Fees: investment management

  total $1,733 · management and general $1,733

• 12 · Advertising and promotion

  total $13,734 · program services $13,734

• 13 · Office expenses

  total $10,309 · management and general $10,309

• 24a · Other expenses: OTHER EXPENSES

  total $11,096 · program services $5,283 · management and general $5,813

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $128,085 · end of year $125,856

• 2 · Savings and temporary cash investments

  end of year $10

• 3 · Pledges and grants receivable

  beginning of year $148,574 · end of year $104,958

• 4 · Accounts receivable

  end of year $11,486

• 8 · Inventories for sale or use

  end of year $20,620

• 9 · Prepaid expenses and deferred charges

  end of year $1,449

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

  $36,983

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $36,983

• 11 · Investments: publicly traded securities

  beginning of year $94,415 · end of year $165,408

• 17 · Accounts payable and accrued expenses

  end of year $1,619

• 25 · Other liabilities

  beginning of year $8,396 · end of year $37,387

• 27 · Net assets without donor restrictions

  beginning of year $362,678 · end of year $427,764

The filer's explanations (Part III)

PART I, LINE 3

FORM 990, PART VI, SECTION B, LINE 15: THE EXECUTIVE COMPENSATION COMMITTEE SHALL BE COMPOSED OF AT LEAST THREE MEMBERS OF THE BOARD, AND SHALL MEET AT LEAST TWICE EACH YEAR. THE COMPOSITION OF THE EXECUTIVE COMPENSATION COMMITTEE SHALL COMPLY WITH THE REQUIREMENTS OF THE BOARD POLICY ON CONFLICTS OF INTEREST. THE COMMITTEE SHALL HAVE THE FOLLOWING SPECIFIC DUTIES AND RESPONSIBILITIES. A. ANNUAL EVALUATION OF THE PERFORMANCE OF THE PRESIDENT. THE EXECUTIVE COMPENSATION COMMITTEE SHALL MAKE A WRITTEN REPORT OF ITS FINDINGS, TOGETHER WITH RECOMMENDATIONS FOR COMPENSATION TO THE BOARD. B. ANNUAL EVALUATION OF THE PERFORMANCE OF THE CHIEF PHYSICIAN EXECUTIVE, THE CHIEF FINANCIAL OFFICER, AND SUCH OTHER VICE PRESIDENTS AS THE BOARD SHALL DETERMINE TO REQUIRE EVALUATION BY THE EXECUTIVE COMPENSATION COMMITTEE. THE EXECUTIVE COMPENSATION COMMITTEE SHALL MAKE A WRITTEN REPORT OF ITS FINDINGS, TOGETHER WITH RECOMMENDATIONS FOR COMPENSATION, TO THE BOARD. C. ANNUAL SELF-EVALUATION OF THE BOARD AND ITS MEMBERS. D. ENSURE THAT NO PERSONAL LOANS ARE MADE TO THE PRESIDENT OR OTHER MEMBERS OF THE ADMINISTRATION OF THE CORPORATION. IN CARRYING OUT ITS DUTIES, THE EXECUTIVE COMPENSATION COMMITTEE SHALL HAVE THE AUTHORITY TO HIRE COMPENSATION CONSULTANTS AND SHALL OBTAIN DATA ON COMPENSATION RANGES FOR COMPARABLE EXECUTIVE POSITIONS AT LEAST EVERY OTHER YEAR.

PART I, LINE 4B

THE CEO OF PLEASANT VALLEY SERVES UNDER A MANAGEMENT CONTRACT GOVERNED BY CABELL HUNTINGTON HOSPITAL. PVH IS NOT PART OF THE PROCESS IN DETERMINING THE CEO'S COMPENSATION, PVH PAYS CHH A MONTHLY FEE.