Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: HEALTHCARE MANAGEMENT FEES

  total $50,062,015 · related or exempt $50,062,015

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $3,215,574 · program services $3,215,574

• 7 · Other salaries and wages

  total $15,543,500 · program services $15,543,500

• 8 · Pension plan contributions

  total $314,711 · program services $314,711

• 9 · Other employee benefits

  total $3,522,355 · program services $3,522,355

• 10 · Payroll taxes

  total $1,298,926 · program services $1,298,926

• 11b · Fees: legal

  total $928,203 · program services $928,203

• 11c · Fees: accounting

  total $365,000 · program services $365,000

• 11f · Fees: investment management

  total $339,463 · program services $339,463

• 11g · Fees: other

  total $7,558,997 · program services $7,558,997

• 12 · Advertising and promotion

  total $4,483 · program services $4,483

• 13 · Office expenses

  total $1,049,219 · program services $1,049,219

• 14 · Information technology

  total $14,554,114 · program services $14,554,114

• 17 · Travel

  total $351,186 · program services $351,186

• 23 · Insurance

  total $1,200 · program services $1,200

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $352,449 · program services $352,449

• 24b · Other expenses: RECRUITMENT

  total $319,869 · program services $319,869

• 24c · Other expenses: CONTINGENCY

  total $294,175 · program services $294,175

• 24d · Other expenses: REPAIRS & MAINTENANCE

  total $26,018 · program services $26,018

• 24e · All other expenses

  total $22,576 · program services $22,576

Balance sheet

Part X, book values.

• 11 · Investments: publicly traded securities

  beginning of year $1,282,497 · end of year $1,575,483

• 13 · Investments: program-related

  beginning of year $283,284 · end of year $283,284

• 15 · Other assets

  beginning of year $30,324,126 · end of year $32,131,978

• 17 · Accounts payable and accrued expenses

  beginning of year $23,727,176 · end of year $21,541,387

• 25 · Other liabilities

  beginning of year $8,159,618 · end of year $12,446,248

• 27 · Net assets without donor restrictions

  beginning of year $3,113 · end of year $3,110

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 1A

THE ORGANIZATION'S POLICY FOR TRAVEL INCLUDES THE REIMBURSEMENT OF EXPENSES INCURRED BY TRUSTEES WHILE REPRESENTING THE BUSINESS INTERESTS OF ANY ARCHBOLD ENTITY. TRUSTEES MAY PARTICIPATE IN DESIGNATED EDUCATIONAL ENRICHMENT OPPORTUNITIES THAT WILL ENHANCE THEIR KNOWLEDGE AND EXPERTISE IN FULFILLING THEIR DUTIES AS A BOARD MEMBER OF A NON-PROFIT HEALTHCARE ORGANIZATION. IF THE TRAVEL IS OF THE NATURE THAT A SPOUSE OR COMPANION ARE EXPECTED TO ATTEND, TRAVEL EXPENSES ATTRIBUTED TO THE COMPANION WHO MIGHT ACCOMPANY A BOARD MEMBER ON AN OUT-OF-TOWN TRIP WILL BE REIMBURSED. RECEIPTS MUST BE SUBMITTED PRIOR TO REIMBURSEMENT AND THE AMOUNTS REIMBURSED ARE NOT INCLUDED IN THE INDIVIDUAL'S TAXABLE INCOME.

SCHEDULE J, PAGE 1, PART I, LINE 4

DARCY M. CRAVEN 0 180,180 0 CARLA PEARCE 0 6,297 0 STACEY HANCOCK 0 46,350 0

SCHEDULE J, PART III

THE IRS RULES & REGULATIONS REQUIRE THAT CERTAIN NON-CURRENT, NON-CASH ITEMS ARE REPORTED IN PART VII, COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES, AND INDEPENDENT CONTRACTORS, OF THE CORE FORM 990 REGARDLESS OF THE CURRENT BENEFIT TO THE EMPLOYEE. THESE SAME RULES, IN SOME CASES, REQUIRE THE COMPENSATION AND BENEFITS TO BE REPORTED TWICE IN PART VII, ONCE WHEN THE ENTITY ACCRUES FOR A FUTURE PAYMENT AND ONCE WHEN THE PAYMENT IS ACTUALLY MADE TO THE EMPLOYEE. THEREFORE, AN EMPLOYEE'S STATED TOTAL COMPENSATION AND BENEFITS REPORTED ON PART VII ARE SUBSTANTIALLY HIGHER THAN THE ACTUAL CASH COMPENSATION RECEIVED IN THE CURRENT YEAR. AMOUNTS REPORTED AS BENEFITS INCLUDE AMOUNTS FOR LIFE INSURANCE, HEALTH INSURANCE, THRIFT PLAN CONTRIBUTIONS, AND PENSION CONTRIBUTIONS. BENEFITS RELATED TO PENSION AND RETIREMENT PLANS REFLECT AMOUNTS ACCUMULATED, BUT NOT PAID, TO THE INDIVIDUAL IN RECOGNITION OF TOTAL YEARS OF EMPLOYMENT, NOT JUST THE CURRENT YEAR. SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ONE EXECUTIVE PARTICIPATES IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) WHICH IS ACCRUED BUT UNFUNDED IN AN AMOUNT WHICH, WHEN ADDED TO OTHER SOURCES OF RETIREMENT INCOME, WILL AFFORD A RETIREMENT INCOME AT A TARGETED PERCENTAGE OF PRE-RETIREMENT COMPENSATION. THE SERP IS A NONQUALIFIED RETIREMENT PLAN. AMC 457(F) RETIREMENT PLAN CERTAIN EXECUTIVES WHO ARE NOT ELIGIBLE FOR THE SERP MAY BE ELIGIBLE TO PARTICIPATE IN A 457(F) PLAN TO HELP THEM ACCUMULATE FUNDS FOR THEIR LONG- TERM FINANCIAL NEEDS. THE ORGANIZATION MAY CONTRIBUTE A PERCENTAGE OF BASE SALARY INTO AN INDIVIDUAL EXECUTIVES ACCOUNT IF THE ORGANIZATION MEETS CERTAIN FINANCIAL TARGETS. THE ORGANIZATION OWNS ANY PLAN ASSETS UNTIL THEY ARE PAID TO THE EMPLOYEE AND ALL FUNDS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. VESTING BEGINS AT AGE 55 WITH FIVE YEARS OF SERVICE AT A RATE OF 90% AND THEN INCREASES TO 100% AT AGE 60. PAYMENTS ARE MADE ANNUALLY UPON VESTING. BONUS AWARDS OFFICERS AND PHYSICIANS ARE AWARDED BONUSES/INCENTIVES CONTINGENT IN PART ON MEETING MANAGEMENT-BY-OBJECTIVE INCENTIVE PLAN GOALS.

Related corporations and trusts

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

• GEORGIA-FLORIDA PREFERRED INC

  C CORP · HEALTHCARE · GA

  Directly controlled by JDAMH