Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 3 · Investment income

  total $457,969 · excluded $457,969

• 7a · Gross sales of assets other than inventory

  securities $21,775,170

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

  securities $23,878,071

• 7c · Gain or loss

  securities -$2,102,901

• 7d · Net gain or loss

  total -$2,102,901 · excluded -$2,102,901

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $355,089 · program services $347,987 · management and general $7,102

• 7 · Other salaries and wages

  total $959,998 · program services $169,414 · management and general $790,584

• 8 · Pension plan contributions

  total $40,827 · management and general $40,827

• 9 · Other employee benefits

  total $38,729 · program services $1,315 · management and general $37,414

• 10 · Payroll taxes

  total $24,877 · program services $4,494 · management and general $20,383

• 11b · Fees: legal

  total $38,767 · program services $37,667 · management and general $1,100

• 11c · Fees: accounting

  total $100,215 · program services $85,155 · management and general $15,060

• 11f · Fees: investment management

  total $20,210 · program services $20,210

• 11g · Fees: other

  total $84,872 · program services $81,444 · management and general $3,428

• 12 · Advertising and promotion

  total $710 · program services $710

• 13 · Office expenses

  total $17,045 · program services $7,190 · management and general $9,855

• 14 · Information technology

  total $97,435 · program services $37,927 · management and general $59,508

• 16 · Occupancy

  total $129,153 · program services $129,153

• 17 · Travel

  total $41,519 · program services $14,494 · management and general $27,025

• 19 · Conferences, conventions and meetings

  total $119,495 · program services $119,295 · management and general $200

• 20 · Interest

  total $3,876 · program services $3,876

• 22 · Depreciation, depletion and amortization

  total $12,539 · program services $12,539

• 23 · Insurance

  total $19,815 · program services $19,815

• 24a · Other expenses: FEES, LICENSES, & DUES

  total $16,500 · program services $1,403 · management and general $15,097

• 24b · Other expenses: TRAINING, SEMINARS & ED

  total $4,500 · program services $4,500

• 24e · All other expenses

  total $7 · management and general $7

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,245,250 · end of year $679,888

• 2 · Savings and temporary cash investments

  beginning of year $94,364 · end of year $344,232

• 7 · Other notes and loans receivable

  beginning of year $340,000 · end of year $511,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $63,621 · end of year $106,426

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

  $78,680

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

  $53,000

• 10c · Land, buildings and equipment, net

  beginning of year $38,218 · end of year $25,680

• 11 · Investments: publicly traded securities

  beginning of year $18,233,427 · end of year $15,500,471

• 12 · Investments: other securities

  beginning of year $8,137,257 · end of year $12,451,614

• 15 · Other assets

  beginning of year $211,553 · end of year $355,941

• 17 · Accounts payable and accrued expenses

  beginning of year $260,753 · end of year $376,046

• 25 · Other liabilities

  beginning of year $359,175 · end of year $488,497

• 27 · Net assets without donor restrictions

  beginning of year $29,743,762 · end of year $29,110,709

The filer's explanations (Part III)

PART I, LINE 5

THE COMPANY HAS AN INCENTIVE COMPENSATION PLAN AND A SALES INCENTIVE PLAN WHICH PROVIDES AN ANNUAL BONUS FOR ALL ELIGIBLE EMPLOYEES IF THE COMPANY REACHES CERTAIN GOALS, INCLUDING A MINIMUM NET GAIN GOAL. ALL ACTIVE FULL-TIME EMPLOYEES ARE ELIGIBLE FOR ONE OF THE INCENTIVE PLANS. THE COMPANY ALSO HAS A LONG-TERM INCENTIVE PROGRAM FOR EXECUTIVES, WHICH IS BASED ON MEMBERSHIP GROWTH, RETURN ON REVENUE, AND STAKEHOLDER EXPERIENCE FACTORS. THE LONG-TERM INCENTIVE PROGRAM HAS THREE-YEAR TARGETS AND PAYOUTS, AND IN MARCH OF 2024 THE PLAN YEAR ENDING DECEMBER 31, 2023 WAS PAID.

PART I, LINE 6

SEE NARRATIVE FOR LINE 5B ABOVE.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• ENSEMBLE COMMUNITY IMPACT FUND

  INVESTMENTS IN COMPANIES THAT IMPROVE COMMUNITY HEALTH AND WELLNESS · CO · income $0 · assets $8,054,420

  Directly controlled by ENSEMBLE INNOVATION VENTURES

Related corporations and trusts

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

• BETA HEALTH ASSOCIATION

  C · PROVIDES NON-INSURED DENTAL BENEFITS TO SUPPORT DENTAL INSURANCE CARRIERS · CO · 100% owned

  Directly controlled by ENSEMBLE INNOVATION VENTURES

• EMBER ASSURANCE INC

  C · MARKET AND ADMINISTER VISION INSURANCE PRODUCTS · CO · 100% owned

  Directly controlled by ENSEMBLE INNOVATION VENTURES