Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $5,741,197

• 1f · All other contributions, gifts and grants

  $763,404

• 2a · Program service revenue: Primary Care

  total $19,322,205 · related or exempt $19,322,205

• 2b · Program service revenue: Home Care

  total $8,225,975 · related or exempt $8,225,975

• 3 · Investment income

  total $368,485 · excluded $368,485

• 7a · Gross sales of assets other than inventory

  securities $1,016,844

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

  securities $943,014 · other assets $60,487

• 7c · Gain or loss

  securities $73,830 · other assets -$60,487

• 7d · Net gain or loss

  total $13,343 · excluded $13,343

• 8a · Fundraising events: gross income

  $8,871

• 8b · Fundraising events: direct expenses

  $6,001

• 8c · Net income from fundraising events

  total $2,870 · excluded $2,870

• 9a · Gaming: gross income

  $7,443

• 9b · Gaming: direct expenses

  $1,200

• 9c · Net income from gaming

  total $6,243 · excluded $6,243

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $10,000 · program services $10,000

• 5 · Compensation of officers, directors and key employees

  total $613,397 · management and general $613,397

• 7 · Other salaries and wages

  total $19,270,309 · program services $18,443,384 · management and general $826,925

• 8 · Pension plan contributions

  total $604,262 · program services $578,176 · management and general $26,086

• 9 · Other employee benefits

  total $3,518,856 · program services $3,262,786 · management and general $256,070

• 10 · Payroll taxes

  total $1,424,693 · program services $1,312,757 · management and general $111,936

• 11b · Fees: legal

  total $85,308 · management and general $85,308

• 11c · Fees: accounting

  total $87,750 · management and general $87,750

• 11g · Fees: other

  total $1,263,659 · program services $1,148,259 · management and general $115,400

• 12 · Advertising and promotion

  total $75,629 · program services $59,993 · management and general $15,636

• 13 · Office expenses

  total $192,538 · program services $152,737 · management and general $39,801

• 14 · Information technology

  total $917,220 · program services $727,600 · management and general $189,620

• 16 · Occupancy

  total $708,722 · program services $603,677 · management and general $105,045

• 17 · Travel

  total $407,435 · program services $323,208 · management and general $84,227

• 22 · Depreciation, depletion and amortization

  total $829,396 · program services $759,909 · management and general $69,487

• 23 · Insurance

  total $115,503 · program services $95,692 · management and general $19,811

• 24a · Other expenses: Program Supplies

  total $3,185,934 · program services $3,185,934

• 24b · Other expenses: Miscellaneous Expense

  total $533,889 · program services $421,440 · management and general $112,449

• 24c · Other expenses: Staff Appreciation & Tr

  total $112,846 · program services $89,520 · management and general $23,326

• 24d · Other expenses: Medicaid Provider Tax

  total $79,093 · program services $79,093

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $104,372 · end of year $174,197

• 2 · Savings and temporary cash investments

  beginning of year $10,812,166 · end of year $8,905,405

• 3 · Pledges and grants receivable

  beginning of year $762,006 · end of year $612,590

• 4 · Accounts receivable

  beginning of year $2,325,409 · end of year $3,927,100

• 8 · Inventories for sale or use

  beginning of year $26,319 · end of year $43,456

• 9 · Prepaid expenses and deferred charges

  beginning of year $692,829 · end of year $203,841

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

  $14,224,993

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

  $7,471,917

• 10c · Land, buildings and equipment, net

  beginning of year $6,649,160 · end of year $6,753,076

• 11 · Investments: publicly traded securities

  beginning of year $5,246,069 · end of year $6,208,273

• 15 · Other assets

  beginning of year $2,732,613 · end of year $3,328,285

• 17 · Accounts payable and accrued expenses

  beginning of year $2,584,530 · end of year $2,591,930

• 27 · Net assets without donor restrictions

  beginning of year $26,543,758 · end of year $27,551,614

• 28 · Net assets with donor restrictions

  beginning of year $222,655 · end of year $12,679

The filer's explanations (Part III)

Part I, Line 5

Sarah Morgan is paid for on-call services at Copley Hospital based on payments associated with billing at the hospital.

Part I, Line 7

We paid bonuses to all qualifying employees using premium pay funds. We also paid a bonus to senior leadership based on position. We paid retention bonuses for hard to hire/keep positions. We paid one off bonuses for additional work performed or special services, such as the new EHR implementation.