Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $742,176

• 1f · All other contributions, gifts and grants

  $2,768,499

• 1g · Noncash contributions included above

  $351,008

• 3 · Investment income

  total $1,088,364 · excluded $1,088,364

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7a · Gross sales of assets other than inventory

  securities $6,754,983

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

  securities $6,519,008

• 7c · Gain or loss

  securities $235,975

• 7d · Net gain or loss

  total $235,975 · excluded $235,975

• 8a · Fundraising events: gross income

  $1,265,162

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

  $742,176

• 8b · Fundraising events: direct expenses

  $1,772,938

• 8c · Net income from fundraising events

  total -$507,776 · excluded -$507,776

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: PARKING REVENUES

  total $3,042 · related or exempt $3,042

• 11e · Other revenue, total

  $3,042

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,541,571 · program services $1,541,571

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $0

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $0

• 8 · Pension plan contributions

  total $0

• 9 · Other employee benefits

  total $0

• 10 · Payroll taxes

  total $0

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $33,686 · program services $0 · management and general $33,686 · fundraising $0

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $42,235 · program services $0 · management and general $42,235 · fundraising $0

• 11g · Fees: other

  total $56,158 · fundraising $56,158

• 12 · Advertising and promotion

  total $33,149 · program services $0 · management and general $8,450 · fundraising $24,699

• 13 · Office expenses

  total $194,980 · program services $0 · management and general $50,661 · fundraising $144,319

• 14 · Information technology

  total $56,529 · program services $0 · management and general $56,529 · fundraising $0

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $3,366 · program services $0 · management and general $0 · fundraising $3,366

• 17 · Travel

  total $1,056 · program services $0 · management and general $1,056 · fundraising $0

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $0

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $5,238 · program services $0 · management and general $2,619 · fundraising $2,619

• 23 · Insurance

  total $50,708 · program services $0 · management and general $24,825 · fundraising $25,883

• 24a · Other expenses: MEALS AND ENTERTAINMENT

  total $48,344 · program services $0 · management and general $156 · fundraising $48,188

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $5,705 · program services $0 · management and general $5,705 · fundraising $0

• 24c · Other expenses: BAD DEBT LOSS

  total -$1,500 · program services $0 · management and general -$1,500 · fundraising $0

• 24d · Other expenses: ALL OTHER EXPENSES

  total $15,339 · program services $0 · management and general $2,750 · fundraising $12,589

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,328,278 · end of year $2,433,697

• 2 · Savings and temporary cash investments

  beginning of year $479,883 · end of year $524,764

• 3 · Pledges and grants receivable

  beginning of year $1,288,749 · end of year $1,614,320

• 4 · Accounts receivable

  beginning of year $0 · end of year $0

• 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

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $495,616 · end of year $313,883

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

  $632,809

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

  $474,388

• 10c · Land, buildings and equipment, net

  beginning of year $163,660 · end of year $158,421

• 11 · Investments: publicly traded securities

  beginning of year $23,104,598 · end of year $24,377,705

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $204,968 · end of year $202,653

• 17 · Accounts payable and accrued expenses

  beginning of year $39,761 · end of year $36,129

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $2,650 · end of year $47,357

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $2,207,683 · end of year $269,158

• 27 · Net assets without donor restrictions

  beginning of year $2,676,169 · end of year $4,111,493

• 28 · Net assets with donor restrictions

  beginning of year $22,139,489 · end of year $25,161,306

The filer's explanations (Part III)

FORM 990, SCHEDULE J, LINE 3

TOP MANAGEMENT COMPENSATION THE ORGANIZATION IS AN AFFILIATE OF TALLAHASSEE MEMORIAL HEALTHCARE, INC. ("TMH"). ALL COMPENSATION ARRANGEMENTS ARE DETERMINED BY AND PAID THROUGH TMH. AS PROVIDED IN THE FORM 990, SCHEDULE J INSTRUCTIONS, SINCE THE ORGANIZATION RELIES ON A RELATED ORGANIZATION WHICH USES ONE OR MORE OF THE METHODS DESCRIBED IN LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIALS' COMPENSATION, THIS QUESTION HAS BEEN LEFT UNANSWERED. ---------------

FORM 990, SCHEDULE J, LINE 4B

DETAIL OF SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A RECEIVED DISTRIBUTIONS DURING THE YEAR FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: G. MARK O'BRYANT- $1,431,242 ---------- TMH ALSO MAINTAINS AN IRC SECTION 457(F) PLAN DESIGNED FOR CERTAIN SENIOR ADMINISTRATORS OF THE ORGANIZATION. THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A PARTICIPATED IN THE TMH 457(F) PLAN AND/OR RECEIVED DISTRIBUTIONS DURING THE YEAR: NIGEL ALLEN- NO DISTRIBUTIONS G. MARK O'BRYANT- NO DISTRIBUTIONS ----------------

FORM 990, SCHEDULE J, LINE 7

PROVISION OF NON-FIXED PAYMENTS THIS ORGANIZATION IS AN AFFILIATE OF TMH. ALL COMPENSATION ARRANGEMENTS ARE DETERMINED BY AND PAID THROUGH TMH. TMH MAINTAINS A VARIABLE COMPENSATION PROGRAM FOR CERTAIN MANAGERS THAT MAKES A BONUS PAYMENT BASED UPON ATTAINMENT OF INDIVIDUAL AND CORPORATE GOALS. INDIVIDUAL GOALS ARE ESTABLISHED AT THE BEGINNING OF THE FISCAL YEAR AND INCLUDE QUALITATIVE AND QUANTITATIVE RESULTS. CORPORATE GOALS ARE ESTABLISHED AT THE BEGINNING OF THE YEAR AND ARE BASED UPON THE BUDGET APPROVED BY THE BOARD OF DIRECTORS. NO PAYMENT IS MADE FOR VARIABLE COMPENSATION PAYMENT UNLESS THE ORGANIZATION MEETS OR EXCEEDS ITS BUDGETED OPERATING MARGIN FOR THE YEAR. UPON DETERMINATION THAT THE ACTUAL OPERATING MARGIN HAS MET OR EXCEEDED THE BUDGET VIA THE AUDITED FINANCIAL STATEMENTS, OTHER INDIVIDUAL AND CORPORATE GOALS ARE SCORED TO DETERMINE IF THEY MET OR EXCEEDED THE PRE-ESTABLISHED MEASUREMENT FOR THE YEAR. THE ACTUAL AMOUNT OF THE BONUS IS BASED UPON AN INDIVIDUAL'S BASE COMPENSATION FOR THE FISCAL YEAR AND THE PERCENTAGE ATTAINMENT OF INDIVIDUAL AND CORPORATE GOALS. PAYMENTS MADE TO ANY DISQUALIFIED PERSON ARE APPROVED BY THE TMH COMPENSATION COMMITTEE THROUGH THE PROCESS DESCRIBED IN FORM 990, PART VI, SECTION B, LINE 15. ---------------

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• CADUCEUS PROPERTIES LLC

  INVESTMENT · FL

  Directly controlled by TMHV

• RED HILL SURGICAL CENTER LLC

  HEALTHCARE · FL

  Directly controlled by TMHV

• TALLAHASSEE DIAGNOSTIC IMAGING CTR

  HEALTHCARE · FL

  Directly controlled by TMHV

Related corporations and trusts

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

• TALLAHASSEE MEMORIAL HEALTH VENTURES INC

  C CORP · HOLDING COMPANY · FL

  Directly controlled by TMH