Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $212,195

• 3 · Investment income

  total $244,749 · excluded $244,749

• 7a · Gross sales of assets other than inventory

  securities $3,703,551

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

  securities $4,096,901

• 7c · Gain or loss

  securities -$393,350

• 7d · Net gain or loss

  total -$393,350 · excluded -$393,350

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $110,000 · program services $110,000

• 5 · Compensation of officers, directors and key employees

  total $19,352 · program services $1,580 · management and general $17,772

• 7 · Other salaries and wages

  total $29,057 · program services $4,194 · management and general $24,863

• 8 · Pension plan contributions

  total $1,734 · program services $241 · management and general $1,493

• 9 · Other employee benefits

  total $6,396 · program services $1,278 · management and general $5,118

• 10 · Payroll taxes

  total $5,513 · program services $723 · management and general $4,790

• 11b · Fees: legal

  total $185 · management and general $185

• 11c · Fees: accounting

  total $1,890 · management and general $1,890

• 11f · Fees: investment management

  total $21,824 · management and general $21,824

• 11g · Fees: other

  total $50,400 · program services $400 · management and general $50,000

• 13 · Office expenses

  total $2,915 · program services $2,356 · management and general $559

• 14 · Information technology

  total $3,790 · management and general $3,790

• 17 · Travel

  total $57 · program services $57

• 19 · Conferences, conventions and meetings

  total $750 · management and general $750

• 21 · Payments to affiliates

  total $1,127 · management and general $1,127

• 23 · Insurance

  total $4,289 · management and general $4,289

• 24a · Other expenses: BOARDS AND COMMITTEES

  total $3,000 · management and general $3,000

• 24b · Other expenses: MEALS AND CATERING

  total $1,047 · program services $183 · management and general $864

• 24c · Other expenses: DUES MEMBERSHIPS LICENS

  total $130 · management and general $130

• 24d · Other expenses: BANK AND CREDIT CARD FE

  total $24 · management and general $24

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $110,656 · end of year $51,813

• 2 · Savings and temporary cash investments

  beginning of year $138,550 · end of year $1,910,384

• 3 · Pledges and grants receivable

  beginning of year $1,920,000

• 4 · Accounts receivable

  end of year $200,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $341 · end of year $359

• 11 · Investments: publicly traded securities

  beginning of year $20,212,272 · end of year $16,705,803

• 15 · Other assets

  beginning of year $24,452 · end of year $27,153

• 17 · Accounts payable and accrued expenses

  beginning of year $26,465 · end of year $48,768

• 27 · Net assets without donor restrictions

  beginning of year $21,409,806 · end of year $17,716,905

• 28 · Net assets with donor restrictions

  beginning of year $970,000 · end of year $1,129,839

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT'S COMPENSATION IS SET BY EMPIRE HEALTH FOUNDATION. THE FOLLOWING ARE USED BY EMPIRE HEALTH FOUNDATION TO SET THE PRESIDENT'S COMPENSATION: A) COMPENSATION COMMITTEE B) WRITTEN EMPLOYMENT CONTRACT C) COMPENSATION SURVEY OR STUDY D) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE