Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $19,132,320

• 1f · All other contributions, gifts and grants

  $8,462,755

• 1g · Noncash contributions included above

  $134,484

• 2a · Program service revenue: Patient Service Revenue

  total $36,750,272 · related or exempt $36,750,272

• 3 · Investment income

  total $139,044 · excluded $139,044

• 11a · Other revenue: Other Income

  total $4,841,206 · excluded $4,841,206

• 11e · Other revenue, total

  $4,841,206

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $100,546 · program services $100,546

• 5 · Compensation of officers, directors and key employees

  total $4,891,696 · program services $3,174,619 · management and general $1,717,077

• 7 · Other salaries and wages

  total $32,366,378 · program services $24,322,935 · management and general $8,043,443

• 9 · Other employee benefits

  total $3,434,076 · program services $2,542,608 · management and general $891,468

• 10 · Payroll taxes

  total $2,455,808 · program services $1,818,293 · management and general $637,515

• 11b · Fees: legal

  total $193,493 · management and general $193,493

• 11c · Fees: accounting

  total $44,559 · management and general $44,559

• 12 · Advertising and promotion

  total $735,013 · program services $100,469 · management and general $634,544

• 13 · Office expenses

  total $3,110,950 · program services $445,645 · management and general $2,665,305

• 16 · Occupancy

  total $2,548,230 · program services $2,548,230

• 17 · Travel

  total $176,097 · program services $121,958 · management and general $54,139

• 19 · Conferences, conventions and meetings

  total $400 · management and general $400

• 20 · Interest

  total $38,135 · management and general $38,135

• 22 · Depreciation, depletion and amortization

  total $2,481,474 · program services $1,753,895 · management and general $727,579

• 23 · Insurance

  total $295,851 · program services $4,369 · management and general $291,482

• 24a · Other expenses: MEDICAL SUPPLIES

  total $12,026,687 · program services $12,026,687

• 24b · Other expenses: Repairs and Maintenance

  total $2,500,404 · program services $122,013 · management and general $2,378,391

• 24c · Other expenses: Purchased Services

  total $1,490,266 · program services $779,433 · management and general $710,833

• 24d · Other expenses: Miscellaneous

  total $953,475 · program services $558,580 · management and general $394,895

• 24e · All other expenses

  total $967,753 · program services $89,615 · management and general $878,138

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $14,603 · end of year $17,326

• 2 · Savings and temporary cash investments

  beginning of year $56,913,348 · end of year $45,555,894

• 3 · Pledges and grants receivable

  beginning of year $1,479,674 · end of year $146,805

• 4 · Accounts receivable

  beginning of year $2,148,423 · end of year $5,738,168

• 7 · Other notes and loans receivable

  beginning of year $19,775 · end of year $223,607

• 8 · Inventories for sale or use

  beginning of year $1,154,620 · end of year $1,387,452

• 9 · Prepaid expenses and deferred charges

  beginning of year $13,486 · end of year $13,520

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

  $70,109,734

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

  $28,609,697

• 10c · Land, buildings and equipment, net

  beginning of year $28,586,506 · end of year $41,500,037

• 12 · Investments: other securities

  beginning of year $606,994 · end of year $833,213

• 17 · Accounts payable and accrued expenses

  beginning of year $7,808,345 · end of year $9,766,634

• 23 · Secured mortgages and notes payable

  beginning of year $5,952,711 · end of year $5,746,528

• 25 · Other liabilities

  beginning of year $6,155,836 · end of year $8,450,884

• 27 · Net assets without donor restrictions

  beginning of year $66,891,863 · end of year $68,030,120

• 28 · Net assets with donor restrictions

  beginning of year $4,128,674 · end of year $3,421,856

The filer's explanations (Part III)

Part I, Line 5

It is common for the physicians' contracts to state that their incentive compensation is based on revenues posted related to that physician's services and performance. Most of the physicians listed have revenues attached to this organization only, but as some of them practice at related organizations, a review of their revenues in total (and not just specifically to this organization) is necessary.