Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $117,088

• 1e · Government grants (contributions)

  $30,542

• 1f · All other contributions, gifts and grants

  $904,398

• 2a · Program service revenue: OTHER REVENUE

  total $768 · related or exempt $768

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $191,764 · excluded $191,764

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $1,470,247

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

  securities $1,128,858

• 7c · Gain or loss

  securities $341,389 · other assets $0

• 7d · Net gain or loss

  total $341,389 · excluded $341,389

• 8a · Fundraising events: gross income

  $13,700

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

  $117,088

• 8b · Fundraising events: direct expenses

  $42,311

• 8c · Net income from fundraising events

  total -$28,611 · excluded -$28,611

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,080,748 · program services $1,080,748

• 2 · Grants to domestic individuals

  total $37,103 · program services $37,103

• 7 · Other salaries and wages

  total $64,748 · fundraising $64,748

• 9 · Other employee benefits

  total $19,425 · fundraising $19,425

• 11f · Fees: investment management

  total $2,779 · management and general $2,779

• 11g · Fees: other

  total $215,454 · program services $79,755 · management and general $0 · fundraising $135,699

• 13 · Office expenses

  total $58,637 · program services $30,541 · fundraising $28,096

• 23 · Insurance

  total $677 · program services $677

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,165,916 · end of year $1,040,500

• 3 · Pledges and grants receivable

  beginning of year $813,540 · end of year $748,317

• 4 · Accounts receivable

  beginning of year $15 · end of year $300

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $12,557 · end of year $2,534

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

  $989,630

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

  $17,277

• 10c · Land, buildings and equipment, net

  beginning of year $972,353 · end of year $972,353

• 11 · Investments: publicly traded securities

  beginning of year $10,278,011 · end of year $12,870,237

• 12 · Investments: other securities

  beginning of year $3,291,352 · end of year $3,349,534

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $19,824 · end of year $21,184

• 17 · Accounts payable and accrued expenses

  beginning of year $9,994 · end of year $6,283

• 19 · Deferred revenue

  beginning of year $70,719 · end of year $58,058

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $217,226 · end of year $192,185

• 27 · Net assets without donor restrictions

  beginning of year $8,354,715 · end of year $11,096,489

• 28 · Net assets with donor restrictions

  beginning of year $7,900,914 · end of year $7,651,944

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

COPLEY HOSPITAL, INC, A RELATED PARTY OF THE ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Related corporations and trusts

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

• HEALTH CENTER BUILDING INC

  C Corporation · OFFICE BLDG RENT · VT · 100% owned · share of income $341,690 · share of assets $1,467,355 · controlled entity

  Directly controlled by CHSI