Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $10,474,975

• 1f · All other contributions, gifts and grants

  $1,080,186

• 2a · Program service revenue: 340B PROGRAM REVENUE

  total $59,295,766 · related or exempt $59,295,766

• 2b · Program service revenue: PHARMACY RETAIL REVENUE

  total $5,268,369 · related or exempt $5,268,369

• 2c · Program service revenue: OTHER PROGRAM REVENUE

  total $135,349 · related or exempt $135,349

• 2d · Program service revenue: PASSTHROUGH GRANTS

  total $118,776 · related or exempt $118,776

• 2e · Program service revenue: STI SERVICE REVENUE

  total $1,800 · related or exempt $1,800

• 2f · All other program service revenue

  total $40 · related or exempt $40

• 3 · Investment income

  total $26,748 · excluded $26,748

• 7a · Gross sales of assets other than inventory

  securities $275,980

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

  securities $218,629

• 7c · Gain or loss

  securities $57,351

• 7d · Net gain or loss

  total $57,351 · excluded $57,351

• 8a · Fundraising events: gross income

  $280,873

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $280,873 · excluded $280,873

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $1,978 · related or exempt $1,978

• 11e · Other revenue, total

  $1,978

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $43,000 · program services $43,000

• 2 · Grants to domestic individuals

  total $4,473,762 · program services $4,473,762

• 5 · Compensation of officers, directors and key employees

  total $2,116,864 · program services $1,799,334 · management and general $296,361 · fundraising $21,169

• 7 · Other salaries and wages

  total $14,048,997 · program services $11,930,224 · management and general $2,014,021 · fundraising $104,752

• 8 · Pension plan contributions

  total $796,305 · program services $676,296 · management and general $113,806 · fundraising $6,203

• 9 · Other employee benefits

  total $1,770,740 · program services $1,503,879 · management and general $253,068 · fundraising $13,793

• 10 · Payroll taxes

  total $1,097,316 · program services $931,943 · management and general $156,826 · fundraising $8,547

• 11c · Fees: accounting

  total $315,127 · program services $170,186 · management and general $118,228 · fundraising $26,713

• 11f · Fees: investment management

  total $12,122 · management and general $12,122

• 11g · Fees: other

  total $4,172,276 · program services $3,601,315 · management and general $558,065 · fundraising $12,896

• 13 · Office expenses

  total $1,896,697 · program services $1,127,061 · management and general $692,489 · fundraising $77,147

• 16 · Occupancy

  total $1,243,494 · program services $1,022,501 · management and general $159,991 · fundraising $61,002

• 17 · Travel

  total $345,716 · program services $159,405 · management and general $184,151 · fundraising $2,160

• 22 · Depreciation, depletion and amortization

  total $806,970 · management and general $806,970

• 23 · Insurance

  total $226,889 · program services $181,359 · management and general $44,833 · fundraising $697

• 24a · Other expenses: PHARMACY

  total $41,678,189 · program services $41,678,189

• 24b · Other expenses: MEDICAL SUPPLIES

  total $598,444 · program services $598,036 · management and general $408

• 24c · Other expenses: MISCELLANEOUS

  total $440,447 · program services $213,927 · management and general $202,415 · fundraising $24,105

• 24d · Other expenses: SUPPLIES

  total $213,931 · program services $167,401 · management and general $38,907 · fundraising $7,623

• 24e · All other expenses

  total $136,269 · program services $87,540 · management and general $48,241 · fundraising $488

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $15,548,194 · end of year $15,875,621

• 3 · Pledges and grants receivable

  beginning of year $2,551,222 · end of year $2,040,426

• 4 · Accounts receivable

  beginning of year $3,528,845 · end of year $4,422,619

• 7 · Other notes and loans receivable

  beginning of year $10,000

• 8 · Inventories for sale or use

  beginning of year $738,458 · end of year $1,322,384

• 9 · Prepaid expenses and deferred charges

  beginning of year $265,894 · end of year $344,963

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

  $6,275,674

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

  $2,771,340

• 10c · Land, buildings and equipment, net

  beginning of year $3,791,076 · end of year $3,504,334

• 12 · Investments: other securities

  beginning of year $1,024,821 · end of year $842,872

• 15 · Other assets

  beginning of year $62,973 · end of year $6,516,627

• 17 · Accounts payable and accrued expenses

  beginning of year $2,323,567 · end of year $3,463,280

• 19 · Deferred revenue

  beginning of year $2,062,523 · end of year $9,863,921

• 27 · Net assets without donor restrictions

  beginning of year $23,063,902 · end of year $21,443,645

• 28 · Net assets with donor restrictions

  beginning of year $71,491 · end of year $99,000

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION'S CEO UNDERGOES A WRITTEN PERFORMANCE EVALUATION CONDUCTED BY THE BOARD OF DIRECTORS IN JANUARY OF EVERY YEAR. THE BOARD OF DIRECTORS THEN COMPARES TOTAL COMPENSATION OF THE ORGANIZATION'S CEO TO THAT OF COMPARABLE ORGANIZATIONS AND APPROVES HIS TOTAL COMPENSATION PACKAGE FOR THE NEXT YEAR.