Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $289,633

• 1f · All other contributions, gifts and grants

  $391,652

• 3 · Investment income

  total $28,044 · excluded $28,044

• 7a · Gross sales of assets other than inventory

  securities $8,976

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

  securities $0

• 7c · Gain or loss

  securities $8,976

• 7d · Net gain or loss

  total $8,976 · excluded $8,976

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $416,477 · program services $416,477

• 7 · Other salaries and wages

  total $162,841 · program services $61,065 · management and general $61,065 · fundraising $40,711

• 8 · Pension plan contributions

  total $2,819 · program services $1,057 · management and general $1,057 · fundraising $705

• 9 · Other employee benefits

  total $24,237 · program services $9,089 · management and general $9,089 · fundraising $6,059

• 10 · Payroll taxes

  total $12,032 · program services $4,512 · management and general $4,512 · fundraising $3,008

• 11f · Fees: investment management

  total $10,395 · management and general $10,395

• 12 · Advertising and promotion

  total $23,457 · program services $3,519 · management and general $14,699 · fundraising $5,239

• 13 · Office expenses

  total $8,551 · program services $2,505 · management and general $4,886 · fundraising $1,160

• 17 · Travel

  total $9,626 · program services $5,259 · management and general $4,367

• 24a · Other expenses: Stewardship & Cultivati

  total $14,025 · program services $2,014 · fundraising $12,011

• 24b · Other expenses: Administrative Expense

  total $11,385 · program services $2,793 · management and general $8,592

• 24c · Other expenses: Purchased Services

  total $2,250 · management and general $2,250

• 24d · Other expenses: Other Expenses

  total $1,703 · program services $707 · management and general $996

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,428,852 · end of year $1,542,962

• 3 · Pledges and grants receivable

  beginning of year $444,630 · end of year $424,241

• 9 · Prepaid expenses and deferred charges

  beginning of year $220,508 · end of year $12,460

• 11 · Investments: publicly traded securities

  beginning of year $1,274,403 · end of year $1,899,773

• 12 · Investments: other securities

  beginning of year $1,025 · end of year $1,025

• 15 · Other assets

  beginning of year -$400 · end of year $0

• 25 · Other liabilities

  beginning of year $210,839 · end of year $1,129,239

• 27 · Net assets without donor restrictions

  beginning of year $1,655,540 · end of year $1,327,593

• 28 · Net assets with donor restrictions

  beginning of year $1,502,639 · end of year $1,423,629

The filer's explanations (Part III)

Part I, Line 3

Baptist Health Deaconess LLC, a related organization of Baptist Health Deaconess Madisonville Foundation, Inc., used the following to establish the compensation of the organization's President (through 12/16/2022): - Compensation committee, - Independent compensation consultant, - Form 990 of other organizations, - Written employment contract, - Compensation survey or study, and - Approval by the Board or Compensation committee

Part I, Line 6

Compensation Contingent Upon Net Earnings: Incentive compensation payments made by a related organization are based upon the successful achievement of established inpatient satisfaction measures, outpatient satisfaction measures, compliance with publicly reported quality indicators, operating margin as well as other technical and personal functional goals of both the organization and related organizations. The incentive compensation programs are formulated to reward behavior that balances patient needs and the efficient delivery of patient care to ensure the best outcomes are achieved.

Related partnerships

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

• Baptist Health Deaconess LLC

  N/A · Management · KY