Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $391,798

• 1f · All other contributions, gifts and grants

  $2,121,922

• 1g · Noncash contributions included above

  $39,252

• 3 · Investment income

  total $59,759 · excluded $59,759

• 6a · Gross rents

  real property $650,162

• 6b · Less rental expenses

  real property $713,640

• 6c · Rental income or loss

  real property -$63,478

• 6d · Net rental income or loss

  total -$63,478 · excluded -$63,478

• 7a · Gross sales of assets other than inventory

  securities $8,819,666

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

  securities $8,764,065

• 7c · Gain or loss

  securities $55,601

• 7d · Net gain or loss

  total $55,601 · excluded $55,601

• 8a · Fundraising events: gross income

  $54,955

• 8a · Fundraising events: contributions included on line 1c

  $391,798

• 8b · Fundraising events: direct expenses

  $469,359

• 8c · Net income from fundraising events

  total -$414,404 · excluded -$414,404

Functional expenses

Part IX, the statement of functional expenses.

• 11f · Fees: investment management

  total $27,629 · management and general $27,629

• 11g · Fees: other

  total $9,568 · management and general $9,568

• 20 · Interest

  total $3,391 · management and general $3,391

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,050,680 · end of year $5,721,124

• 2 · Savings and temporary cash investments

  beginning of year $359,888 · end of year $314,783

• 3 · Pledges and grants receivable

  beginning of year $2,208,732 · end of year $1,421,747

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

  $15,557,234

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

  $2,625,092

• 10c · Land, buildings and equipment, net

  beginning of year $13,403,825 · end of year $12,932,142

• 12 · Investments: other securities

  beginning of year $8,292,595 · end of year $8,237,305

• 15 · Other assets

  beginning of year $1,963,344 · end of year $2,862,390

• 17 · Accounts payable and accrued expenses

  beginning of year $480 · end of year $4,674

• 19 · Deferred revenue

  beginning of year $60,947 · end of year $30,914

• 23 · Secured mortgages and notes payable

  beginning of year $1,716,532 · end of year $1,603,233

• 25 · Other liabilities

  beginning of year $3,850,133 · end of year $5,850,512

• 27 · Net assets without donor restrictions

  beginning of year $12,904,005 · end of year $14,098,936

• 28 · Net assets with donor restrictions

  beginning of year $10,746,967 · end of year $9,901,222

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION'S CEO WAS NOT PAID BY THE FILING ORGANIZATION BUT WAS PAID BY A RELATED ORGANIZATION, SHEPPARD PRATT HEALTH SYSTEM, INC. THE RELATED ENTITY CHECKED THE FOLLOWING BOXES FOR SCHEDULE J, QUESTION 3 ON ITS FORM 990: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

PART I, LINE 4B

DURING CALENDAR YEAR 2023, THE FOLLOWING PARTICIPATED IN SHEPPARD PRATT'S SUPPLEMENTAL EXECUTIVE DEFERRED COMPENSATION PLAN ("SERP"): HARSH TRIVEDI, MD, MBA $ 50,000 KELLY SAVOCA $ 25,000 DURING CALENDAR YEAR 2023, THE FOLLOWING PARTICIPATED IN SHEPPARD PRATT'S SUPPLEMENTAL EXECUTIVE DEFERRED COMPENSATION PLAN ("SERP"): KELLY SAVOCA $ 28,321

PART I, LINE 7

TOP MANAGEMENT COMPENSATION INCLUDES AN ANNUAL INCENTIVE PLAN THAT PROVIDES ADDITIONAL COMPENSATION BASED ON THE ACHIEVEMENT OF ORGANIZATION GOALS AND METRICS INCLUDING FINANCIAL AND NON-FINANCIAL MEASURES. THE PLAN IS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF SHEPPARD PRATT HEALTH SYSTEM, INC.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• SHEPPARD PRATT PROPERTIES LLC

  ACQUIRE, OWN, OPERATE, LEASE AND MANAGE REAL ESTATE · MD · income $650,162 · assets $15,768,561

  Directly controlled by SHEPPARD AND ENOCH PRATT FOUNDATION INC

Related corporations and trusts

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

• SHEPPARD PRATT PREFERRED RESOURCES INC

  C · INACTIVE · MD · controlled entity

• CHARITABLE REMAINDER TRUST

  T · CHARITABLE REMAINDER TRUST · MD

• SHEPPARD PRATT ASSURANCE COMPANY LLC

  C · INSURANCE · CJ · controlled entity

• OMNI HOUSE INC

  C · RENTAL FACILITIES FOR MENTAL HEALTH · MD · controlled entity