2024-04-12T07:16:18-05:00 2023-05-31 611064249 DEMING MALONE LIVESAY & OSTROFF PSC 9300 SHELBYVILLE RD STE 1100 LOUISVILLE KY 402225187 990 2022-06-01 611383955 THE EDITH & HENRY HEUSER HEARING INSTITUTE INC EDIT 5025153320 111 EAST KENTUCKY STREET LOUISVILLE KY 40203 BRETT BACHMANN CEO 5025153320 2024-04-08 1 BRETT BACHMANN 999009999 0 CHRISTINE N KOENIG P01022180 5024269660 2024-04-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRETT BACHMANN 111 EAST KENTUCKY STREET LOUISVILLE KY 40203 3887845 0 X THEHEARINGINSTITUTE.ORG X 2001 KY EDUCATIONAL, AUDIOLOGICAL, DIAGNOSTIC, COCHLEAR IMPLANT, AND EAR RELATED MEDICAL SERVICES. 26 26 0 200 0 0 0 1500000 563371 612302 0 0 1013301 924349 1576672 3036651 0 0 0 0 1193739 1425270 0 0 15053 715952 754581 1909691 2179851 -333019 856800 1172127 1126678 3144504 2242255 -1972377 -1115577 TO PROVIDE EDUCATIONAL, AUDIOLOGICAL, DIAGNOSTIC, COCHLEAR IMPLANT, AND EAR RELATED MEDICAL SERVICES. 0 0 1933608 1536651 THE INSTITUTE IS A COMPREHENSIVE HEARING SERVICES CENTER FOR CHILDREN AND ADULTS AND PROVIDES EDUCATIONAL, AUDIOLOGICAL, DIAGNOSTIC, COCHLEAR IMPLANT, AND EAR RELATED MEDICAL SERVICES. 1933608 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 KY X THE ORGANIZATION 5025153320 111 EAST KENTUCKY STREET LOUISVILLE KY 40203 BRETT BACHMANN CEO 32.00 8.00 X X 165442 41360 26480 JENNY HEADLEE PRESIDENT 0.50 0.50 X X 0 0 0 RALPH BARRINGER VICE PRESIDENT 0.50 0.50 X X 0 0 0 WILL BUSCHMANN TREASURER/SECRETARY 0.50 0.50 X X 0 0 0 BRIAN BAKER DIRECTOR 0.50 0.50 X 0 0 0 BRAD BROECKER DIRECTOR 0.50 0.50 X 0 0 0 KOFI CASH DIRECTOR 0.50 0.50 X 0 0 0 SHANNON COGAN DIRECTOR 0.50 0.50 X 0 0 0 GAIL DEYE DIRECTOR 0.50 0.50 X 0 0 0 LAURA DUANE DIRECTOR 0.50 0.50 X 0 0 0 PEGGY DUANE DIRECTOR 0.50 0.50 X 0 0 0 BOBBY ENNIS DIRECTOR 0.50 0.50 X 0 0 0 MICHAEL ERSKINE DIRECTOR 0.50 0.50 X 0 0 0 BEAU HANDY DIRECTOR 0.50 0.50 X 0 0 0 PAULA HARSHAW DIRECTOR 0.50 0.50 X 0 0 0 TIM HEID DIRECTOR 0.50 0.50 X 0 0 0 HUGH HOAGLAND DIRECTOR 0.50 0.50 X 0 0 0 JOSHUA T HONAKER DIRECTOR 0.50 0.50 X 0 0 0 DEREK HOPPE DIRECTOR 0.50 0.50 X 0 0 0 JENNY HYLAND DIRECTOR 0.50 0.50 X 0 0 0 ROSEMARY KIRKWOOD DIRECTOR 0.50 0.50 X 0 0 0 JACOB MCGILL DIRECTOR 0.50 0.50 X 0 0 0 JAMES OETKEN DIRECTOR 0.50 0.50 X 0 0 0 LIBBY PARKINSON DIRECTOR 0.50 0.50 X 0 0 0 LINDA STEDER DIRECTOR 0.50 0.50 X 0 0 0 REBECCA THOMAS DIRECTOR 0.50 0.50 X 0 0 0 PETER THURMAN DIRECTOR 0.50 0.50 X 0 0 0 JANICE MUELLER DIRECTOR (PREVIOUS) 0.50 0.50 X 0 0 0 HAZEL SULLIVAN DIRECTOR (PREVIOUS) 0.50 0.50 X 0 0 0 PAM THOMPSON DIRECTOR (PREVIOUS) 0.50 0.50 X 0 0 0 TRUDY WHEELER DIRECTOR (PREVIOUS) 0.50 0.50 X 0 0 0 165442 41360 26480 1 0 1 0 HEALTHCARE REVENUE GROUP 6701 WEST 64TH ST STE 125 OVERLAND PARK KS 66202 ACCOUNTING/CFO SERVICES 168026 1 1500000 1500000 AUDIOLOGY SERVICES, NET 900099 401081 401081 VESTIBULAR & OTHER SERVICES, NET 900099 211221 211221 612302 1732937 851194 881743 881743 MISC. INCOME 900099 42606 42606 42606 3036651 1536651 0 0 226968 113484 113484 1058469 1058079 390 43599 43579 20 96234 92614 3590 30 69611 69611 122770 118399 4015 356 128099 121647 6452 19763 16926 2364 473 83196 71254 9952 1990 134284 115009 16063 3212 17481 14972 2091 418 18 18 11240 7756 3147 337 11330 9704 1355 271 MISCELLANEOUS 64621 62252 1974 395 REPAIRS AND MAINTENANCE 58135 56907 1023 205 DUES AND SUBSCRIPTIONS 21203 18178 2521 504 AUDIOLOGY SUPPLIES 12830 12830 2179851 1933608 231190 15053 790439 45118 272700 274874 8086 31246 85206 202604 1650 16198 529584 78748 14046 450836 0 105802 1172127 1126678 314412 364114 13118 2830092 1865023 3144504 2242255 X -1972377 -1687074 571497 -1972377 -1115577 1172127 1126678 856800 0 X 0 1 X 1 0 X 46146 1500000 1546146 2341607 2576470 2338263 2229828 2345239 11831407 2341607 2576470 2384409 2229828 3845239 13377553 0 0 0 13377553 9808 41062 23205 48061 42606 164742 2351415 2617532 2407614 2277889 3887845 13542295 0.98780 0.98690 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 435000 5438 429562 81554 73310 8244 13030 13030 450836 OPERATING LEASE RIGHT-OF-USE ASSET 105802 105802 ADVANCES FROM AFFILIATES 1759310 OPERATING LEASE LIABILITY 105713 1865023 X PART X, LINE 2: THE EDITH & HENRY HEUSER HEARING INSTITUTE, INC. (ORGANIZATION) IS EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND WITH THE KENTUCKY OFFICE OF ATTORNEY GENERAL. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNREALTED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF MAY 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. X X X X 0 0 0 1 0 0 0 1 0 BRETT BACHMANN CEO 142242 35560 23200 5800 0 0 10454 2614 10730 2682 186626 46656 0 0 PART I, LINE 3 THE CEO'S COMPSENSATION IS PAID BY A RELATED ORGANIZATION. A PORTION OF THE COMPENSATION EXPENSE IS ALLOCATED TO THIS ORGANIZATION. BOTH ORGANIZATIONS MAINTAIN THE SAME BOARD OF DIRECTORS, WHICH IS RESPONSIBLE FOR DETERMINING THE CEO'S TOTAL COMPENSATION. PART I, LINE 5 CEO EARNS BONUSES ON A MONTHLY BASIS BY ACHIEVING DESIGNATED METRICS BASED ON MEETING OPERATIONAL GOALS. BONUS STRUCTURE WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. PART I, LINE 7 CEO EARNS BONUSES ON A MONTHLY BASIS BY ACHIEVING DESIGNATED METRICS BASED ON MEETING OPERATIONAL GOALS. BONUS STRUCTURE WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART I, LINE 5 STAFF ARE COMPENSATED BY A RELATED ORGANIZATION VIA A COMMON PAYMASTER. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED WITH HEALTHCARE REVENUE GROUP (HRG) TO PERFORM THE ACCOUNTING FUNCTIONS FOR THE ENTITY. ULTIMATELY THE CEO HAS FINAL APPROVAL, BUT HE DOES RELY ON THE INFORMATION AND DATA PROVIDED BY HRG. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE, BOARD CHAIR, CEO AND CFO REVIEW AND COMMENT ON THE FORM 990 PRIOR TO ITS FILING. A FINAL VERSION OF THE FORM 990 IS LATER PROVIDED TO ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PRESIDENT ADDRESSES THE TOPIC AT THE BOARD MEETING WHEN NEW MEMBERS BEGIN AND ANNUAL STATEMENTS OF DISCLOSURE OF CONFLICT OF INTEREST ARE DISTRIBUTED FOR EACH BOARD MEMBER TO DOCUMENT ANY POTENTIAL CONFLICTS. IN ADDITION, THE EXECUTIVE DIRECTOR, CFO, BOARD PRESIDENT, AND BOARD SECRETARY/TREASURER MONITOR AGENCY BUSINESS DECISIONS AND DEALINGS TO ENSURE THAT THOSE REMAIN FREE OF CONNECTIONS TO BOARD MEMBERS OR KEY EMPLOYEES THAT MIGHT REACH THE LEVEL OF CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE SECRETARY/TREASURER AND BOARD PRESIDENT REVIEW COMPARATIVE SALARY DATA FOR SIMILAR POSITIONS AT OTHER NONPROFITS IN THE SAME GEOGRAPHICAL AREAS WITHIN THE SAME INDUSTRY. THE CEO'S COMPSENSATION IS PAID BY A RELATED ORGANIZATION. A PORTION OF THE COMPENSATION EXPENSE IS ALLOCATED TO THIS ORGANIZATION. BOTH ORGANIZATIONS MAINTAIN THE SAME BOARD OF DIRECTORS, WHICH IS RESPONSIBLE FOR DETERMINING THE CEO'S TOTAL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. HEUSER HEARING AND LANGUAGE ACADEMY 111 E KENTUCKY STREET LOUISVILLE KY 40203 610492369 HELPING HEARING IMPAIRED WITH SPEECH AND AUDITORY SKILLS KY 501(C)(3) LINE 2 N/A 0 HEUSER HEARING PRODUCTS INC 111 E KENTUCKY STREET LOUISVILLE KY 40203 300040334 PROVIDE AUDIOLOGICAL MEDICAL SERVICES KY THE EDITH & HENRY HEUSER HEARING INSTITUTE INC C 1.00000 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1