Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $54,650

• 1f · All other contributions, gifts and grants

  $866,825

• 1g · Noncash contributions included above

  $147,012

• 3 · Investment income

  total $1,298,274 · excluded $1,298,274

• 7a · Gross sales of assets other than inventory

  securities $750,286

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

  securities $0

• 7c · Gain or loss

  securities $750,286

• 7d · Net gain or loss

  total $750,286 · excluded $750,286

• 8a · Fundraising events: gross income

  $16,050

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

  $54,650

• 8b · Fundraising events: direct expenses

  $55,231

• 8c · Net income from fundraising events

  total -$39,181 · excluded -$39,181

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $784,940 · program services $784,940

• 2 · Grants to domestic individuals

  total $35,920 · program services $35,920

• 7 · Other salaries and wages

  total $163,335 · fundraising $163,335

• 9 · Other employee benefits

  total $33,863 · fundraising $33,863

• 10 · Payroll taxes

  total $12,495 · fundraising $12,495

• 11b · Fees: legal

  total $3,324 · management and general $3,324

• 11f · Fees: investment management

  total $75,896 · management and general $75,896

• 11g · Fees: other

  total $14,442 · fundraising $14,442

• 13 · Office expenses

  total $40,960 · fundraising $40,960

• 16 · Occupancy

  total $428 · fundraising $428

• 22 · Depreciation, depletion and amortization

  total $651 · fundraising $651

• 23 · Insurance

  total $3,207 · fundraising $3,207

• 24a · Other expenses: Catering and Meals

  total $10,256 · fundraising $10,256

• 24b · Other expenses: Tree of Lights

  total $4,991 · fundraising $4,991

• 24e · All other expenses

  total $9,830 · fundraising $9,830

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $843,615 · end of year $1,869,072

• 3 · Pledges and grants receivable

  beginning of year $272,542 · end of year $147,279

• 9 · Prepaid expenses and deferred charges

  beginning of year $23,607 · end of year $300

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

  $509,000

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

  $24,036

• 10c · Land, buildings and equipment, net

  beginning of year $485,615 · end of year $484,964

• 11 · Investments: publicly traded securities

  beginning of year $35,342,189 · end of year $38,023,833

• 12 · Investments: other securities

  beginning of year $6,620,783 · end of year $7,019,009

• 17 · Accounts payable and accrued expenses

  beginning of year $126,175 · end of year $176,538

• 25 · Other liabilities

  beginning of year $2,970,860 · end of year $1,525,481

• 27 · Net assets without donor restrictions

  beginning of year $17,487,654 · end of year $20,674,114

• 28 · Net assets with donor restrictions

  beginning of year $23,003,662 · end of year $25,168,324

The filer's explanations (Part III)

Part I, Line 3

The CEO is compensated by Winona Health Services, a related organization. Winona Health Services used all of the methods on Part I, Line 3 to determine the CEO's compensation.

Part I, Line 4b

The following individuals received employer contriutions to a supplemental non-qualified retirement plan, which is available to executive, physicians, and mid-level providers as determined by the Board of Directors. It is funded by employer contributions, and employees are vested within five years. An alternative plan is available which is funded by employee contributions and not subject to forfeiture. CY2022 Matthew Broghammer, MD $19,553 Katrina Hammel, MD $5,012