Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $288,754

• 1f · All other contributions, gifts and grants

  $399,879

• 3 · Investment income

  total $1,008,066 · excluded $1,008,066

• 7a · Gross sales of assets other than inventory

  securities $6,606,069

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

  securities $6,879,347

• 7c · Gain or loss

  securities -$273,278

• 7d · Net gain or loss

  total -$273,278 · excluded -$273,278

• 8a · Fundraising events: gross income

  $58,651

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

  $288,754

• 8b · Fundraising events: direct expenses

  $135,211

• 8c · Net income from fundraising events

  total -$76,560 · excluded -$76,560

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $803,472 · program services $803,472

• 2 · Grants to domestic individuals

  total $203,100 · program services $203,100

• 11c · Fees: accounting

  total $3,890 · management and general $3,890

• 11f · Fees: investment management

  total $28,939 · management and general $28,939

• 12 · Advertising and promotion

  total $2,808 · fundraising $2,808

• 13 · Office expenses

  total $6,696 · management and general $197 · fundraising $6,499

• 16 · Occupancy

  total $26,837 · management and general $26,837

• 17 · Travel

  total $10,611 · management and general $292 · fundraising $10,319

• 22 · Depreciation, depletion and amortization

  total $1,147 · management and general $1,147

• 23 · Insurance

  total $34 · management and general $34

• 24a · Other expenses: PURCHASED SERVICES

  total $531,587 · management and general $531,399 · fundraising $188

• 24b · Other expenses: PURCHASED SALARIES

  total $371,158 · management and general $6,223 · fundraising $364,935

• 24c · Other expenses: FUNDRAISING MATERIALS

  total $22,961 · fundraising $22,961

• 24d · Other expenses: DONOR STEWARDSHIP

  total $20,760 · fundraising $20,760

• 24e · All other expenses

  total -$1,027,428 · management and general -$598,958 · fundraising -$428,470

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  end of year $421,099

• 2 · Savings and temporary cash investments

  beginning of year $873,876 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $1,831,159 · end of year $1,055,815

• 4 · Accounts receivable

  beginning of year $4,896 · end of year $88

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

  $11,468

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

  $8,509

• 10c · Land, buildings and equipment, net

  beginning of year $4,107 · end of year $2,959

• 11 · Investments: publicly traded securities

  beginning of year $23,974,514 · end of year $29,349,926

• 12 · Investments: other securities

  end of year $88,521

• 15 · Other assets

  beginning of year $103,820 · end of year $103,820

• 17 · Accounts payable and accrued expenses

  beginning of year $6,456 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $2,500 · end of year $2,500

• 25 · Other liabilities

  beginning of year $41,240 · end of year $41,720

• 27 · Net assets without donor restrictions

  beginning of year $9,195,672 · end of year $12,301,753

• 28 · Net assets with donor restrictions

  beginning of year $17,546,504 · end of year $18,676,255

The filer's explanations (Part III)

PART I, LINE 1A

CERTAIN ITEMS LISTED ON LINE 1A ARE PROVIDED BY RELATED ORGANIZATIONS.

PART I, LINE 3

SANFORD ENGAGES A NATIONALLY RECOGNIZED INDEPENDENT COMPENSATION CONSULTING FIRM ANNUALLY TO REVIEW THE TOTAL COMPENSATION ARRANGEMENTS OF THE OFFICERS AND EXECUTIVES OF THE ORGANIZATION, INCLUDING THE CEO, AND TO REPORT THE FINDINGS TO THEM FOR DELIBERATION AND ACTION. THE DELIBERATIONS AND ACTIONS ARE RECORDED IN THE MINUTES OF THE SANFORD BOARD OF TRUSTEES. THE MOST RECENT STUDY WAS COMPLETED IN 2023.

PART I, LINES 4A-B

LINE 4A - SEVERANCE OR CHANGE OF CONTROL PAYMENT UPON HIRE OR PROMOTION, SELECT OFFICERS AND KEY EMPLOYEES SIGN AN EXECUTIVE SEVERANCE AGREEMENT (THE "AGREEMENT"). THE AGREEMENT PROVIDES THAT THE EXECUTIVE WILL RECEIVE A MULTIPLE OF HIS OR HER SALARY (BASED ON YEARS OF SERVICE OR POSITION) AS A PAYMENT IN THE EVENT OF A DEFINED SEPARATION EVENT, WHICH CAN INCLUDE AN INVOLUNTARY SEPARATION OR AN EMPLOYEE VOLUNTARILY LEAVING FOR A DEFINED CONTRACTUAL REASON. EXECUTIVES MAY ALSO QUALIFY FOR A PAYMENT FOR SATISFYING A NON-COMPETE. FINAL SEPARATION PAYMENTS MIGHT VARY FROM THE AMOUNT PROVIDED IN THE AGREEMENT AS A RESULT OF NEGOTIATIONS SURROUNDING POST-SEPARATION OBLIGATIONS AND INCENTIVES (THE "SEPARATION" PAYMENT). LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PAYMENTS SANFORD SPONSORS NONQUALIFIED RETIREMENT PLANS FOR SELECT OFFICERS OR KEY EMPLOYEES. CERTAIN OF THE BELOW OFFICERS OR KEY EMPLOYEES WERE PAID AS A RESULT OF A VESTING EVENT. LINES 4A AND 4B - PAYMENTS THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE OR CHANGE OF CONTROL PAYMENTS AND/OR SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PAYMENTS: MICHELLE BRUHN: SEPARATION..................................$2,157,592 NONQUALIFIED RETIREMENT PLAN..................$576,899 TOTAL.......................................$2,734,491 BILL MARLETTE: NON-COMPETE...................................$436,802 MICAH ABERSON: NON-COMPETE...................................$453,110 BOBBIE TIBBETTS: NON-COMPETE...................................$124,802

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ADA COUNTY GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• ADAMS COUNTY GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• COLLISTER DRIVE HOUSING LLC

  LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS AS GP · SD

• HASTINGS VILLAGE GARDENS GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• LILAC WAY GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• MILLARD GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• OLATHE GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• PENNINGTON COUNTY GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• PRESCOTT GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• RAPID CITY GOOD SAMARITAN HOUSING LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• RUTH STREET GOOD SAMARITAN HOUSING LLC

  LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS AS GP · SD

• SIOUX FALLS DOWNTOWN GOOD SAMARITAN LP

  PROVIDE LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS · SD

• TEXAS GOOD SAMARITAN HOUSING LLC

  LOW-INCOME HOUSING TO SENIORS AND OTHER ELIGIBLE POPULATIONS AS GP · SD

Related corporations and trusts

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

• GOOD SAMARITAN INSURANCE PLAN OF NEBRASKA INC

  C · INSURANCE · NE

• GOOD SAMARITAN SOCIETY INSURANCE LTD

  C · INSURANCE · CJ

• HERITAGE HEALTHCARE OF NORTHERN NEW MEXICO INC

  S · PROVIDE HOME AND COMMUNITY BASED SERVICES · NM

• HERITAGE HEALTHCARE SERVICES INC

  S · PROVIDE HOME AND COMMUNITY BASED SERVICES · NM

• HERITAGE HOME HEALTHCARE & HOSPICE INC

  S · PROVIDE HOME AND COMMUNITY BASED SERVICES · NM

• HERITAGE HOME HEALTHCARE OF ARIZONA INC

  S · PROVIDE HOME AND COMMUNITY BASED SERVICES · NM

• HERITAGE HOME HEALTHCARE SERVICES INC

  S · PROVIDE HOME AND COMMUNITY BASED SERVICES · NM

• SANFORD FRONTIERS

  C · SPORTS/ALTERNATIVE INVESTMENTS · SD

• SANFORD HEALTH PLAN

  C · INSURANCE · SD

• SANFORD HEALTH PLAN OF MN

  C · INSURANCE · MN

• SANFORD INTERNATIONAL - MUNICH GMBH

  C · HEALTHCARE · GM

• SANFORD WORLD CLINICS - GHANA

  C · HEALTHCARE · GH

• SHANGHAI SANFORD HEALTHCARE MANAGEMENT CONSULTING CO LTD

  C · HEALTHCARE · CH