Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $70,992

• 1d · Related organizations

  $505,185

• 1f · All other contributions, gifts and grants

  $1,614,325

• 3 · Investment income

  total $246,159 · excluded $246,159

• 6a · Gross rents

  real property $178,775

• 6c · Rental income or loss

  real property $178,775

• 6d · Net rental income or loss

  total $178,775 · excluded $178,775

• 7a · Gross sales of assets other than inventory

  securities $364,263

• 7c · Gain or loss

  securities $364,263

• 7d · Net gain or loss

  total $364,263 · excluded $364,263

• 8a · Fundraising events: gross income

  $138,984

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

  $70,992

• 8b · Fundraising events: direct expenses

  $61,478

• 8c · Net income from fundraising events

  total $77,506 · excluded $77,506

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $470,796 · program services $470,796

• 2 · Grants to domestic individuals

  total $84,625 · program services $84,625

• 13 · Office expenses

  total $2,833 · management and general $2,833

• 22 · Depreciation, depletion and amortization

  total $63,377 · management and general $63,377

• 24a · Other expenses: PLEDGE ALLOWANCE

  total $208,779 · fundraising $208,779

• 24b · Other expenses: TAXES AND LICENSES

  total $23,813 · management and general $23,813

• 24c · Other expenses: MISCELLANEOUS FUNDRAISING

  total $9,461 · fundraising $9,461

• 24d · Other expenses: MAINTENANCE

  total $75 · management and general $75

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $838,144 · end of year $583,575

• 3 · Pledges and grants receivable

  beginning of year $16,000 · end of year $1,124,072

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

  $2,344,203

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

  $225,439

• 10c · Land, buildings and equipment, net

  beginning of year $1,492,140 · end of year $2,118,764

• 11 · Investments: publicly traded securities

  beginning of year $11,234,347 · end of year $12,990,605

• 15 · Other assets

  beginning of year $5,485

• 17 · Accounts payable and accrued expenses

  beginning of year $576 · end of year $475

• 25 · Other liabilities

  end of year $481,719

• 27 · Net assets without donor restrictions

  beginning of year $11,491,683 · end of year $12,771,417

• 28 · Net assets with donor restrictions

  beginning of year $2,093,857 · end of year $3,563,405

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3

NONE OF THE INDIVIDUAL BOARD MEMBERS OR OFFICERS ARE COMPENSATED BY THE FILING ORGANIZATION AND THE ORGANIZATION MUST RELY ON THE METHODS EMPLOYED BY THE RELATED ORGANIZATION, COLQUITT REGIONAL MEDICAL CENTER (CRMC), TO DETERMINE REASONABLE COMPENSATION FOR THE INDIVIDUALS. COMPENSATION DETERMINATION BY CRMC INCLUDES AN INDEPENDENT COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION SURVEY, AND BOARD APPROVAL.

SCHEDULE J, PAGE 1, PART I, LINE 4

SHAMB PUROHIT 0 64,482 0 DAWN JOHNS 0 44,484 0 JULIE BHAVNANI 0 39,518 0

SCHEDULE J, PART III

BONUSES/INCENTIVE PAYMENTS INCENTIVE BONUSES AWARDED TO OFFICERS BASED ON MEASURES OF SUCCESS IN ACHIEVING ANNUAL CORPORATE AND INDIVIDUAL GOALS AND IN ACCORDANCE WITH POLICY.

Related corporations and trusts

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

• COLQUITT REGIONAL MEDICAL INC

  PHYS OFC · GA