Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,219,492

• 1g · Noncash contributions included above

  $348,578

• 2a · Program service revenue: SERVICE FEES

  total $19,295,866 · related or exempt $19,295,866

• 3 · Investment income

  total $254,241 · excluded $254,241

• 7a · Gross sales of assets other than inventory

  securities $3,382,019

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

  securities $2,609,150

• 7c · Gain or loss

  securities $772,869

• 7d · Net gain or loss

  total $772,869 · excluded $772,869

• 11a · Other revenue: MISC.

  total $109,302 · related or exempt $109,302

• 11e · Other revenue, total

  $109,302

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,353,589 · program services $1,489,041 · management and general $864,548

• 7 · Other salaries and wages

  total $7,724,653 · program services $7,253,846 · management and general $470,807

• 8 · Pension plan contributions

  total $20,408 · program services $15,408 · management and general $5,000

• 9 · Other employee benefits

  total $931,791 · program services $826,859 · management and general $104,932

• 10 · Payroll taxes

  total $662,459 · program services $568,984 · management and general $93,475

• 11a · Fees: management

  total $19,200 · management and general $19,200

• 11b · Fees: legal

  total $229,988 · program services $110,000 · management and general $119,988

• 11c · Fees: accounting

  total $109,575 · management and general $109,575

• 11d · Fees: lobbying

  total $42,000 · management and general $42,000

• 11g · Fees: other

  total $875,753 · program services $708,886 · management and general $166,867

• 12 · Advertising and promotion

  total $241,210 · management and general $241,210

• 13 · Office expenses

  total $56,693 · program services $7,495 · management and general $49,198

• 14 · Information technology

  total $83,793 · program services $24,646 · management and general $59,147

• 16 · Occupancy

  total $1,046,741 · program services $889,730 · management and general $157,011

• 20 · Interest

  total $208,753 · program services $177,440 · management and general $31,313

• 22 · Depreciation, depletion and amortization

  total $607,270 · program services $516,180 · management and general $91,090

• 23 · Insurance

  total $226,092 · program services $98,444 · management and general $127,648

• 24a · Other expenses: ELECTRONIC HEALTH RECOR

  total $1,417,056 · program services $1,417,056

• 24b · Other expenses: SUPPLIES

  total $882,356 · program services $861,908 · management and general $20,448

• 24c · Other expenses: BAD DEBT EXPENSE

  total $621,380 · program services $621,380

• 24d · Other expenses: 340B COST OF DRUGS

  total $303,620 · program services $303,620

• 24e · All other expenses

  total $546,120 · program services $285,927 · management and general $260,193

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,405,457 · end of year $412,417

• 3 · Pledges and grants receivable

  beginning of year $660,947 · end of year $205,731

• 4 · Accounts receivable

  beginning of year $2,492,456 · end of year $2,863,621

• 9 · Prepaid expenses and deferred charges

  end of year $55,314

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

  $7,826,829

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

  $4,224,487

• 10c · Land, buildings and equipment, net

  beginning of year $2,354,171 · end of year $3,602,342

• 12 · Investments: other securities

  beginning of year $6,560,852 · end of year $11,068,160

• 15 · Other assets

  beginning of year $2,405,696 · end of year $3,185,592

• 17 · Accounts payable and accrued expenses

  beginning of year $451,575 · end of year $640,719

• 19 · Deferred revenue

  end of year $82,500

• 20 · Tax-exempt bond liabilities

  beginning of year $3,679,182 · end of year $3,469,647

• 25 · Other liabilities

  beginning of year $4,532,328 · end of year $5,470,964

• 27 · Net assets without donor restrictions

  beginning of year $6,566,494 · end of year $11,279,347

• 28 · Net assets with donor restrictions

  beginning of year $650,000 · end of year $450,000

The filer's explanations (Part III)

PART I, LINE 7

SOME DOCTORS ARE ELIGIBLE FOR BONUSES BASED ON THE AMOUNT OF PATIENT ENCOUNTERS THEY HAVE IN A GIVEN YEAR OR BASED ON VARIOUS OTHER PERFORMANCE METRICS.