Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $130,859

• 1d · Related organizations

  $2,003,372

• 1f · All other contributions, gifts and grants

  $3,592,962

• 1g · Noncash contributions included above

  $28,010

• 2a · Program service revenue: OTHER REVENUE

  total $3,540 · related or exempt $3,540

• 2f · All other program service revenue

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

• 3 · Investment income

  total $476,290 · excluded $476,290

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $1,471,000

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

  securities $1,096,510

• 7c · Gain or loss

  securities $374,490 · other assets $0

• 7d · Net gain or loss

  total $374,490 · excluded $374,490

• 8a · Fundraising events: gross income

  $36,107

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

  $130,859

• 8b · Fundraising events: direct expenses

  $74,459

• 8c · Net income from fundraising events

  total -$38,352 · excluded -$38,352

• 10a · Gross sales of inventory

  $773,713

• 10b · Cost of goods sold

  $512

• 10c · Net income from sales of inventory

  total $773,201 · related or exempt $773,201

• 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 $4,118,611 · program services $4,118,611

• 2 · Grants to domestic individuals

  total $547,106 · program services $547,106

• 7 · Other salaries and wages

  total $1,142,875 · program services $123,945 · management and general $452,593 · fundraising $566,337

• 8 · Pension plan contributions

  total $62,230 · program services $44,876 · fundraising $17,354

• 9 · Other employee benefits

  total $175,884 · program services $84,544 · management and general $74,610 · fundraising $16,730

• 10 · Payroll taxes

  total $84,285 · program services $9,558 · management and general $41,190 · fundraising $33,537

• 11a · Fees: management

  total $639,585 · management and general $639,585

• 11b · Fees: legal

  total $485 · management and general $485

• 11c · Fees: accounting

  total $36,942 · management and general $36,942

• 11g · Fees: other

  total $112,132 · program services $24,412 · management and general $87,720 · fundraising $0

• 12 · Advertising and promotion

  total $17,379 · program services $17,379

• 13 · Office expenses

  total $1,593 · program services $1,593

• 14 · Information technology

  total $7,229 · program services $6,402 · management and general $827

• 16 · Occupancy

  total $39,371 · program services $13,310 · management and general $26,061

• 17 · Travel

  total $8,061 · program services $16 · management and general $8,045

• 19 · Conferences, conventions and meetings

  total $3,510 · program services $116 · management and general $3,394

• 20 · Interest

  total $177 · program services $177

• 22 · Depreciation, depletion and amortization

  total $348,325 · program services $72,589 · management and general $275,736

• 24a · Other expenses: FUNDRAISING EXPENSES

  total $184,519 · fundraising $184,519

• 24b · Other expenses: LICENSES, DUES, SUBSCRIPTION

  total $30,223 · management and general $30,223

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $5,507 · program services $4,943 · management and general $564

• 24e · All other expenses

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

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $134,514 · end of year $133,988

• 2 · Savings and temporary cash investments

  beginning of year $2,005,031 · end of year $1,056,185

• 3 · Pledges and grants receivable

  beginning of year $137,074 · end of year $69,694

• 4 · Accounts receivable

  beginning of year $2,713,658 · end of year $4,110,579

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $32,058 · end of year $5,632

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

  $136,350

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

  $121,397

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $14,953

• 11 · Investments: publicly traded securities

  beginning of year $27,316,792 · end of year $28,366,819

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $3,046,943 · end of year $2,386,663

• 17 · Accounts payable and accrued expenses

  beginning of year $424,685 · end of year $168,517

• 18 · Grants payable

  beginning of year $6,182,466 · end of year $5,958,202

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $3,751,886 · end of year $3,716,398

• 27 · Net assets without donor restrictions

  beginning of year $4,764,000 · end of year $4,355,000

• 28 · Net assets with donor restrictions

  beginning of year $20,263,033 · end of year $21,946,396

The filer's explanations (Part III)

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

SUN HEALTH SERVICES, A RELATED ORGANIZATION, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Schedule J, Part I, Line 4a Severance or change-of-control payment

THE FOLLOWING EMPLOYEES RECEIVED A SEVERANCE PAYMENT IN THE CURRENT YEAR: - GINA ORE - $27,695

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

SOME OFFICERS AND KEY EMPLOYEES PARTICIPATE IN A BOARD ENDORSED 457(B) PLAN. A NONQUALIFIED 457(F) PLAN IS BOARD ENDORSED FOR CERTAIN EXECUTIVES. THIS PLAN CARRIES A SUBSTANTIAL RISK OF FORFEITURE IN THAT VESTING ONLY OCCURS THE EARLIER OF 5 YEARS FROM THE DATE OF DEPOSIT, AGE 60 OR RULE OF 80 (AGE AND SERVICE EQUALS 80 OR MORE). ALL DEPOSITS ARE EMPLOYER CONTRIBUTIONS. SHOULD A PARTICIPANT VOLUNTARILY TERMINATE EMPLOYMENT PRIOR TO A DEPOSIT VESTING, THE DEPOSIT IS FORFEITED. ALL DEPOSITS ARE PAID OUT AND TAXED UPON VESTING. THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(F) PLAN IN 2023 WITH THE FOLLOWING EMPLOYER CONTRIBUTIONS FROM A RELATED ORGANIZATION: - JOSEPH E. LA RUE - $61,500 THERE WERE NO INDIVIDUALS WHO PARTICIPATED IN A 457(F) PLAN IN 2023 WHO RECEIVED DISTRIBUTIONS WHICH WERE REPORTED AS DEFERRED COMPENSATION ON A PRIOR FORM 990.

Schedule J, Part II COMPENSATION

THE SALARY AND BENEFITS INFORMATION DISCLOSED ON SCHEDULE J, PART II, REPRESENTS THE AGGREGATE COMPENSATION TO INDIVIDUALS FOR THEIR SERVICES TO SUN HEALTH SERVICES, SUN HEALTH FOUNDATION, SUN HEALTH PARTNERS, SUN HEALTH SENIOR LIVING, LA LOMA SENIOR LIVING, SUN HEALTH COLONNADE AND GRANDVIEW TERRACE; THE LATTER THREE BEING THREE DISTINCT CONTINUING CARE RETIREMENT COMMUNITIES.