Skip to content
Nonprofiteer
← THE OAK CLINIC

Form 990 for tax year 2022

Filed by THE OAK CLINIC.

Totals

Total revenue
$56,705,896
Total expenses
$55,688,796
Contributions and grants received
$257,539
Grants paid
$0
Program service revenue
$56,243,526
Investment income
$204,831
Other revenue
$0
Total assets, end of year
$20,375,738
Total liabilities, end of year
$2,388,445
Net assets or fund balances, end of year
$17,987,293
Program services expenses (Part IX)
$55,285,049
Management and general expenses
$403,747
Fundraising expenses
$0
Program service expenses (Part III)
$55,285,049

Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $257,539

  • 2a · Program service revenue: INFUSION INCOME

    total $46,318,924 · related or exempt $46,318,924

  • 2b · Program service revenue: PHARMACY INCOME

    total $9,924,602 · related or exempt $9,924,602

  • 3 · Investment income

    total $204,831 · excluded $204,831

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,384,913 · program services $1,384,913

  • 7 · Other salaries and wages

    total $1,855,361 · program services $1,698,929 · management and general $156,432

  • 8 · Pension plan contributions

    total $446,945 · program services $423,480 · management and general $23,465

  • 9 · Other employee benefits

    total $577,226 · program services $553,145 · management and general $24,081

  • 10 · Payroll taxes

    total $208,313 · program services $197,957 · management and general $10,356

  • 11a · Fees: management

    total $146,016 · program services $146,016

  • 11b · Fees: legal

    total $1,206 · management and general $1,206

  • 11c · Fees: accounting

    total $46,881 · program services $17,890 · management and general $28,991

  • 11g · Fees: other

    total $483,888 · program services $474,952 · management and general $8,936

  • 13 · Office expenses

    total $290,726 · program services $210,644 · management and general $80,082

  • 16 · Occupancy

    total $183,771 · program services $183,771

  • 17 · Travel

    total $3,900 · program services $3,900

  • 22 · Depreciation, depletion and amortization

    total $78,978 · program services $78,978

  • 23 · Insurance

    total $71,126 · program services $928 · management and general $70,198

  • 24a · Other expenses: MEDICAL SUPPLIES & LAB

    total $42,290,946 · program services $42,290,946

  • 24b · Other expenses: PHARMACY EXPENSE

    total $7,611,290 · program services $7,611,290

  • 24c · Other expenses: PATIENT EDUCATION

    total $3,894 · program services $3,894

  • 24d · Other expenses: BAD DEBTS

    total $3,416 · program services $3,416

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,596,844 · end of year $1,612,369

  • 4 · Accounts receivable

    beginning of year $3,968,988 · end of year $3,389,592

  • 8 · Inventories for sale or use

    beginning of year $9,601 · end of year $151,686

  • 9 · Prepaid expenses and deferred charges

    beginning of year $20,610 · end of year $21,360

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

    $1,737,107

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

    $1,198,218

  • 10c · Land, buildings and equipment, net

    beginning of year $361,036 · end of year $538,889

  • 11 · Investments: publicly traded securities

    beginning of year $18,617,909 · end of year $14,661,301

  • 15 · Other assets

    beginning of year $8,880 · end of year $541

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,916,432 · end of year $2,388,445

  • 27 · Net assets without donor restrictions

    beginning of year $3,953,262 · end of year $3,295,192

  • 28 · Net assets with donor restrictions

    beginning of year $18,714,174 · end of year $14,692,101

Mission and programs · 2022

Mission

THE ORGANIZATION PROVIDES COMPREHENSIVE MEDICAL SERVICES FOR MULTIPLE SCLEROSIS PATIENTS, PROMOTES RESEARCH FOR TREATMENTS AND CURES FOR MULTIPLE SCLEROSIS, AND EDUCATES INDIVIDUALS WITH MULTIPLE SCLEROSIS AND THE PUBLIC ABOUT MULTIPLE SCLEROSIS.

  • PROVIDED COMPREHENSIVE MEDICAL SERVICES FOR 2000 MULTIPLE SCLEROSIS PATIENTS.

As filed on the 2022 return.

Listed in Part VII

  • James Oelschlager

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Vanita Oelschlager

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Robert Briggs

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sheila Tarr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Timothy Carrabine

    CLINIC DIRECTOR

    Total calculated
    $414,521
    From this org
    $414,521
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $414,521
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $414,521

  • Christopher Sheppard MD

    MEDICAL DIRECTOR

    Total calculated
    $414,302
    From this org
    $414,302
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $414,302
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $414,302

  • Patricia Jones

    EMPLOYEE

    Total calculated
    $194,117
    From this org
    $194,117
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,117
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $194,117

  • Lauren Junk

    EMPLOYEE

    Total calculated
    $154,508
    From this org
    $154,508
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,508
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $154,508

  • Suzanne Arnold

    EMPLOYEE

    Total calculated
    $100,115
    From this org
    $100,115
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Marge Hein

    EMPLOYEE

    Total calculated
    $107,350
    From this org
    $107,350
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION IS DETERMINED BY THE BOARD BASED ON COMPARABLE COMPENSATION RECEIVED BY SIMILARLY TRAINED MEDICAL PERSONNEL.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323199349304962

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.