Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $755

• 1f · All other contributions, gifts and grants

  $5,858,140

• 1g · Noncash contributions included above

  $5,477

• 3 · Investment income

  total $5,229 · excluded $5,229

• 8a · Fundraising events: gross income

  $159,911

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

  $755

• 8b · Fundraising events: direct expenses

  $51,619

• 8c · Net income from fundraising events

  total $108,292 · excluded $108,292

• 10a · Gross sales of inventory

  $37,612

• 10b · Cost of goods sold

  $23,862

• 10c · Net income from sales of inventory

  total $13,750 · excluded $13,750

• 11a · Other revenue: OTHER REVENUE

  total $1,473,455 · excluded $1,473,455

• 11e · Other revenue, total

  $1,473,455

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $538,107 · program services $503,919 · management and general $34,188

• 9 · Other employee benefits

  total $123,765 · program services $123,765

• 11b · Fees: legal

  total $1,896 · management and general $1,896

• 11c · Fees: accounting

  total $408 · management and general $408

• 11g · Fees: other

  total $14,042 · program services $14,042

• 13 · Office expenses

  total $40,309 · program services $37,802 · management and general $2,507

• 17 · Travel

  total $1,200 · program services $1,200

• 19 · Conferences, conventions and meetings

  total $5,854 · program services $5,854

• 22 · Depreciation, depletion and amortization

  total $895 · program services $895

• 23 · Insurance

  total $15,245 · management and general $15,245

• 24a · Other expenses: CULTIVATION EVENTS

  total $15,110 · program services $15,110

• 24b · Other expenses: CREDIT CARD FEES

  total $7,391 · program services $7,391

• 24c · Other expenses: BANK SERVICE CHARGE

  total $1,209 · program services $1,209

• 24e · All other expenses

  total $41,163 · program services $41,163

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $0 · end of year $2,507,031

• 3 · Pledges and grants receivable

  beginning of year $1,608,397 · end of year $1,553,055

• 9 · Prepaid expenses and deferred charges

  end of year $78,303

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

  $12,452

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

  $1,473

• 10c · Land, buildings and equipment, net

  beginning of year $11,873 · end of year $10,979

• 12 · Investments: other securities

  beginning of year $10,257,644 · end of year $13,744,748

• 15 · Other assets

  beginning of year $807,095 · end of year $20,657

• 17 · Accounts payable and accrued expenses

  beginning of year $83,646 · end of year $101,966

• 25 · Other liabilities

  beginning of year $99,118 · end of year $127,707

• 27 · Net assets without donor restrictions

  beginning of year $723,923 · end of year $2,478,629

• 28 · Net assets with donor restrictions

  beginning of year $11,778,322 · end of year $15,206,471

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 3

THE COMPENSATION OF THE CEO IS DETERMINED BY SOUTH COUNTY HOSPITAL HEALTHCARE SYSTEM WHICH USED THE FORM 990 OF OTHER ORGANIZATIONS, A COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE COMPENSATION.

Related corporations and trusts

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

• SILVER SPRING HEALTH CARE MANAGEMENT

  C · HOLDING COMPANY · RI · 100% owned · controlled entity

  Directly controlled by SCH HEALTHCARE

• SOUTH COUNTY QUALITY CARE

  C · PERSONAL CARE · RI · 100% owned · controlled entity

  Directly controlled by SS HEALTHCARE

• SSHM SURGICAL SUPPLY INC

  C · RETAIL OF MED EQP · RI · 100% owned · controlled entity

  Directly controlled by SS HEALTHCARE

• CHARITABLE REMAINDER TRUSTS (3)

  T · CHARITABLE TRUST · RI · controlled entity