Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $216,000

• 1f · All other contributions, gifts and grants

  $211,701

• 2a · Program service revenue: DISPATCH REVENUE

  total $1,711,539 · related or exempt $1,711,539

• 2b · Program service revenue: MANAGEMENT FEES

  total $1,458,224 · related or exempt $1,458,224

• 2c · Program service revenue: TUITION REVENUE

  total $603,904 · related or exempt $603,904

• 3 · Investment income

  total $84,687 · excluded $84,687

• 7a · Gross sales of assets other than inventory

  other assets $2,601

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

  other assets $0

• 7c · Gain or loss

  other assets $2,601

• 7d · Net gain or loss

  total $2,601 · excluded $2,601

• 11a · Other revenue: FUEL REWARDS

  total $7,890 · related or exempt $7,890

• 11e · Other revenue, total

  $7,890

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $268,920 · program services $268,920

• 5 · Compensation of officers, directors and key employees

  total $1,047,139 · program services $542,219 · management and general $504,920

• 7 · Other salaries and wages

  total $10,428,525 · program services $5,451,453 · management and general $4,977,072

• 8 · Pension plan contributions

  total $322,320 · program services $156,485 · management and general $165,835

• 9 · Other employee benefits

  total $1,373,325 · program services $666,746 · management and general $706,579

• 10 · Payroll taxes

  total $819,275 · program services $436,215 · management and general $383,060

• 11a · Fees: management

  total $23,878 · program services $5,072 · management and general $18,806

• 11b · Fees: legal

  total $61,013 · program services $12,959 · management and general $48,054

• 11c · Fees: accounting

  total $115,041 · program services $24,435 · management and general $90,606

• 11g · Fees: other

  total $870,735 · program services $184,945 · management and general $685,790

• 12 · Advertising and promotion

  total $18,882 · program services $5,656 · management and general $6,544 · fundraising $6,682

• 13 · Office expenses

  total $69,747 · program services $11,191 · management and general $58,478 · fundraising $78

• 14 · Information technology

  total $37,206 · program services $29,205 · management and general $8,001

• 16 · Occupancy

  total $22,994 · program services $22,994

• 17 · Travel

  total $58,231 · program services $11,973 · management and general $46,258

• 19 · Conferences, conventions and meetings

  total $36,517 · program services $7,508 · management and general $29,009

• 20 · Interest

  total $29,134 · management and general $29,134

• 22 · Depreciation, depletion and amortization

  total $443,497 · program services $381,672 · management and general $61,825

• 23 · Insurance

  total $630,401 · program services $51,378 · management and general $579,023

• 24a · Other expenses: REPAIRS & MAINTENANCE

  total $1,442,229 · program services $1,322,287 · management and general $119,942

• 24b · Other expenses: TELEPHONE

  total $270,801 · program services $235,649 · management and general $35,152

• 24c · Other expenses: EMPLOYEE RELATIONS

  total $150,905 · program services $31,028 · management and general $119,877

• 24d · Other expenses: SUPPLIES

  total $129,506 · program services $123,109 · management and general $6,397

• 24e · All other expenses

  total -$12,907,650 · program services -$6,120,703 · management and general -$6,786,947

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,580 · end of year $4,375

• 2 · Savings and temporary cash investments

  beginning of year $1,066,423 · end of year $966,947

• 3 · Pledges and grants receivable

  beginning of year $69,914 · end of year $18,841

• 4 · Accounts receivable

  beginning of year $52,801 · end of year $861,016

• 7 · Other notes and loans receivable

  end of year $256,250

• 8 · Inventories for sale or use

  beginning of year $45,107 · end of year $29,136

• 9 · Prepaid expenses and deferred charges

  beginning of year $203,602 · end of year $791,264

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

  $5,307,900

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

  $3,700,313

• 10c · Land, buildings and equipment, net

  beginning of year $1,517,523 · end of year $1,607,587

• 11 · Investments: publicly traded securities

  beginning of year $2,953,645 · end of year $5,316,498

• 12 · Investments: other securities

  beginning of year $42,691,633 · end of year $43,936,811

• 15 · Other assets

  beginning of year $11,728,795 · end of year $5,002,504

• 17 · Accounts payable and accrued expenses

  beginning of year $5,545,350 · end of year $5,550,134

• 19 · Deferred revenue

  beginning of year $99,209 · end of year $121,307

• 23 · Secured mortgages and notes payable

  beginning of year $1,800,000 · end of year $0

• 25 · Other liabilities

  beginning of year $932,344 · end of year $889,675

• 27 · Net assets without donor restrictions

  beginning of year $51,957,120 · end of year $52,084,412

• 28 · Net assets with donor restrictions

  end of year $145,701

The filer's explanations (Part III)

PART I, LINE 3

THE CEO COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE REVIEWS THE FORM 990 OF OTHER AMBULANCE COMPANIES ALONG WITH VARIOUS PUBLIC COMPENSATION SURVEY INFORMATION THAT IS AVAILABLE. PERIODICALLY THE EXECUTIVE COMMITTEE HAS A FORMAL SURVEY DONE BY AN INDEPENDENT THIRD PARTY TO ENSURE THAT THE COMPENSATION OF THE PRESIDENT AND CEO IS REASONABLE. THE CONCLUSIONS ARE APPROVED BY THE EXECUTIVE COMMITTEE AND DOCUMENTED VIA A WRITTEN EMPLOYMENT CONTRACT.

FORM 990, SCHEDULE J, PART II

DURING 2023 THE TIMING OF THE BONUS PAYOUT FOR PRESIDENT & CEO RONALD SLAGELL WAS CHANGED. THE BONUS REPRTED ON THIS RETURN REFLECTS 2 YEARS OF EARNINGS PAID IN THE SAME YEAR.