Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $15,877,687

• 1e · Government grants (contributions)

  $7,048,597

• 1f · All other contributions, gifts and grants

  $8,012,736

• 2a · Program service revenue: PATIENT SERVICE

  total $6,139,909 · related or exempt $6,139,909

• 3 · Investment income

  total $11,543,783 · excluded $11,543,783

• 6a · Gross rents

  real property $1,275,594

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $1,275,594

• 6d · Net rental income or loss

  total $1,275,594 · excluded $1,275,594

• 7a · Gross sales of assets other than inventory

  securities $103,906,705

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

  securities $95,464,662 · other assets $12,144

• 7c · Gain or loss

  securities $8,442,043 · other assets -$12,144

• 7d · Net gain or loss

  total $8,429,899 · excluded $8,429,899

• 10a · Gross sales of inventory

  $253,801

• 10b · Cost of goods sold

  $217,691

• 10c · Net income from sales of inventory

  total $36,110 · excluded $36,110

• 11d · All other revenue

  total $262,626 · related or exempt $234,593 · excluded $28,033

• 11e · Other revenue, total

  $262,626

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $21,149,988 · program services $20,418,311 · management and general $399,375 · fundraising $332,302

• 8 · Pension plan contributions

  total $2,429,206 · program services $2,345,168 · management and general $45,871 · fundraising $38,167

• 9 · Other employee benefits

  total $3,532,452 · program services $3,410,248 · management and general $66,703 · fundraising $55,501

• 10 · Payroll taxes

  total $1,765,798 · program services $1,704,711 · management and general $33,343 · fundraising $27,744

• 11f · Fees: investment management

  total $677,637 · management and general $677,637

• 11g · Fees: other

  total $13,296,935 · program services $13,282,171 · management and general $1,564 · fundraising $13,200

• 12 · Advertising and promotion

  total $27,125 · program services $5,055 · fundraising $22,070

• 13 · Office expenses

  total $1,083,963 · program services $1,004,430 · management and general $17,021 · fundraising $62,512

• 14 · Information technology

  total $23,626 · program services $23,626

• 16 · Occupancy

  total $3,395,449 · program services $3,395,449

• 17 · Travel

  total $238,585 · program services $186,083 · management and general $40,870 · fundraising $11,632

• 19 · Conferences, conventions and meetings

  total $29,231 · program services $27,561 · management and general $900 · fundraising $770

• 22 · Depreciation, depletion and amortization

  total $4,434,847 · program services $4,434,847

• 23 · Insurance

  total $776,887 · management and general $776,887

• 24a · Other expenses: MEDICAL SUPPLIES

  total $2,776,671 · program services $2,750,182 · management and general $5,444 · fundraising $21,045

• 24b · Other expenses: TAXES AND FEES RELATED

  total $1,943,376 · program services $1,943,376

• 24c · Other expenses: PATIENT TRAVEL COSTS

  total $226,160 · program services $226,160

• 24d · Other expenses: DUES AND REGISTRATIONS

  total $88,102 · program services $50,914 · management and general $36,214 · fundraising $974

• 24e · All other expenses

  total $534,064 · program services $424,435 · management and general $26,010 · fundraising $83,619

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $231,086 · end of year $212,711

• 4 · Accounts receivable

  beginning of year $1,661,378 · end of year $1,819,826

• 8 · Inventories for sale or use

  beginning of year $379,511 · end of year $478,412

• 9 · Prepaid expenses and deferred charges

  beginning of year $429,059 · end of year $509,356

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

  $163,974,485

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

  $113,820,795

• 10c · Land, buildings and equipment, net

  beginning of year $53,243,739 · end of year $50,153,690

• 11 · Investments: publicly traded securities

  beginning of year $358,052,494 · end of year $404,431,446

• 15 · Other assets

  beginning of year $95,727,707 · end of year $89,089,486

• 17 · Accounts payable and accrued expenses

  beginning of year $6,111,653 · end of year $5,662,370

• 27 · Net assets without donor restrictions

  beginning of year $503,613,321 · end of year $541,032,557

The filer's explanations (Part III)

PART I, LINE 1A

FIRST CLASS TRAVEL IS AVAILABLE ONLY TO BOARD MEMBERS AND EXECUTIVE STAFF AND ONLY IF THE FLIGHT IS LONGER THAN ONE AND A HALF HOURS. A COMPANION ONLY QUALIFIES FOR TRAVEL IF HE OR SHE IS A COMPANION OF A BOARD MEMBER AND IS ACTIVELY PARTICIPATING IN SHRINE BUSINESS DURING THE TRIP. FOR SOME KEY EMPLOYEES, IF RELOCATION IS REQUIRED, A TEMPORARY HOUSING ALLOWANCE MAY BE PROVIDED AS A MEANS TO RECRUIT TOP INDIVIDUALS.

PART I, LINE 4B

THE ORGANIZATION OFFERS A DEFINED BENEFIT SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (DB SERP). EMPLOYEES WHO ARE VESTED IN THE ORGANIZATION'S RETIREMENT PLAN AND EARN OVER THE SALARY CAP QUALIFY FOR A DB SERP BENEFIT. PARTICIPANTS VEST AT AGE 62. UPON RETIREMENT, THE DB SERP BENEFIT IS PAYABLE AS A LUMP SUM. PARTICIPANTS OF THE DB SERP DURING 2023 INCLUDE ROBERT SHERIDAN, LAEL LUEDTKE, FRANCES MARTHONE, AND WAYMAN LEE. NO TAXABLE BENEFITS WERE RECEIVED BY THE PARTICIPANTS DURING 2023. NON-VESTED CONTRIBUTIONS OF $28,800, $29,366, $5,102, AND $3,648 WERE MADE ON BEHALF THE PARTICIPANTS, RESPECTIVELY.