Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PATIENT SERVICES

  total $2,435,791 · related or exempt $2,435,791

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $2,328,865 · program services $2,328,865

• 10 · Payroll taxes

  total $174,963 · program services $174,963

• 11g · Fees: other

  total $54,803 · program services $54,803 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $815 · program services $815

• 13 · Office expenses

  total $222,040 · program services $222,040

• 16 · Occupancy

  total $51,776 · program services $51,776

• 17 · Travel

  total $21,191 · program services $21,191

• 19 · Conferences, conventions and meetings

  total $3,096 · program services $3,096

• 22 · Depreciation, depletion and amortization

  total $24,928 · program services $24,928

• 23 · Insurance

  total $32,898 · program services $32,898

• 24a · Other expenses: SHARED RESOURCE ALLOCATION

  total $590,860 · program services $590,860

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $54,630 · program services $54,630

• 24c · Other expenses: PROVIDER TAXES

  total $44,333 · program services $44,333

• 24d · Other expenses: SUPPLIES

  total $13,380 · program services $13,380

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $18,962 · end of year $0

• 4 · Accounts receivable

  beginning of year $692,501 · end of year $922,130

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $12,075 · end of year $14,802

• 9 · Prepaid expenses and deferred charges

  end of year $40,876

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

  $489,955

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

  $184,141

• 10c · Land, buildings and equipment, net

  beginning of year $282,278 · end of year $305,814

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $662,412 · end of year $662,412

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $2,411 · end of year $15,125

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $8,924,685 · end of year $10,372,564

• 27 · Net assets without donor restrictions

  beginning of year -$7,258,868 · end of year -$8,441,655

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

ESTABLISHING CEO COMPENSATION ------------------------------- THE CEO IS COMPENSATED BY EPRHAIM MCDOWELL HEALTH, INC. (EMH), A RELATED ORGANIZATION. EMH USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE CEO: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYEMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization

MANAGEMENT INCENTIVE PLAN -------------------------- MCDOWELL HOME HEALTH AGENCY, INC. IS AN AFFILIATE OF EPHRAIM MCDOWELL HEALTH, INC., WHO HAS MANAGEMENT INCENTIVE PLANS FOR CORPORATE OFFICERS, SENIOR VICE-PRESIDENTS, VICE-PRESIDENTS, AND DIRECTORS. ANNUAL PAYOUTS RELATED TO THESE INCENTIVE PLANS HAVE TWO COMPONENTS. 30% OF THE ANNUAL PAYOUT IS BASED ON NET OPERATING INCOME GOALS COMPARED TO BUDGET. THE OTHER 70% IS BASED ON QUALITY MEASURES, PATIENT SATISFACTION GOALS, ASSOCIATE SATISFACTION GOALS, AND SAFETY MEASURES.

Related corporations and trusts

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

• COOPERATIVECARE INC

  C Corporation · CONTRACTING S · KY

  Directly controlled by NA