2025-03-18T07:42:22-05:00 2024-05-31 611064249 DEMING MALONE LIVESAY & OSTROFF PSC 9300 SHELBYVILLE RD STE 1100 LOUISVILLE KY 402225187 990 2023-06-01 610492369 HEUSER HEARING & LANGUAGE ACADEMY HEUS 5025153320 111 EAST KENTUCKY STREET LOUISVILLE KY 40203 BRETT BACHMANN CEO 5025153320 2025-02-20 1 0 CHRISTINE N KOENIG P01022180 5024269660 2025-02-18 2023 2025-03-06 01:10:19Z BRETT BACHMANN 111 EAST KENTUCKY STREET LOUISVILLE KY 40203 3582879 0 X THEHEARINGINSTITUTE.ORG X 1954 KY PROVIDE A COMPREHENSIVE DAILY PROGRAM FOR CHILDREN WITH HEARING LOSS AND THOSE WITH SEVERE SPEECH DELAYS. 26 26 74 100 0 0 2746236 1863569 433302 574470 116778 323282 118907 57325 3415223 2818646 0 0 0 0 1436826 1505717 0 0 43413 1426123 1327067 2862949 2832784 552274 -14138 17247750 18357845 2511369 2512029 14736381 15845816 TO PROVIDE A COMPREHENSIVE DAILY PROGRAM IN SPEECH/LANGUAGE DEVELOPMENT AND AUDITORY SKILL DEVELOPMENT FOR CHILDREN WITH HEARING LOSS AND THOSE WITH SEVERE SPEECH DELAYS. 0 0 2412738 672788 THE ORGANIZATION PROVIDES A COMPREHENSIVE DAILY PROGRAM IN SPEECH/LANGUAGE DEVELOPMENT AND AUDITORY SKILL DEVELOPMENT FOR HEARING IMPAIRED PRESCHOOL CHILDREN. 2412738 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 31 0 1 74 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 1 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 8.00 32.00 X X 44415 177659 22044 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 BRACK TURNER 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 REBECCA THOMAS DIRECTOR 0.50 0.50 X 0 0 0 PETER THURMAN DIRECTOR 0.50 0.50 X 0 0 0 RALPH BARRINGER DIRECTOR 0.50 0.50 X 0 0 0 44415 177659 22044 0 0 1 0 0 244579 119500 1499490 500622 1863569 NET PATIENT SERVICES 900099 399264 399264 TUITION & SERVICE FEES 611600 175206 175206 574470 246436 246436 49665 0 49665 49665 49665 791744 714898 76846 76846 76846 8342 244579 49335 -40993 -40993 MISCELLANEOUS 900099 48653 48653 48653 2818646 672788 0 282289 48798 24399 24399 1264212 1238460 20154 5598 30656 30516 140 67377 65962 1117 298 94674 91205 3064 405 129668 129668 158752 145789 10145 2818 71968 59402 12566 75889 68305 5935 1649 54869 49322 4341 1206 144379 129783 11423 3173 53937 48484 4268 1185 72239 17520 54719 323551 223250 90594 9707 43646 39234 3453 959 REPAIRS AND MAINTENANCE 112189 102808 7342 2039 DUES AND SUBSCRIPTIONS 47494 42692 3758 1044 MISCELLANEOUS 38486 35607 2253 626 2832784 2412738 376633 43413 57499 118097 325496 49539 1555014 1171 138 12077 40994 9450805 6362685 3286871 3088120 5002472 7049792 7008183 8010132 17247750 18357845 169369 227188 842000 784841 1500000 1500000 2511369 2512029 X 7978807 7723126 6757574 8122690 14736381 15845816 17247750 18357845 -14138 1123573 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8254625 1199234 52075 9401784 8643325 -347928 40772 8254625 9317596 -634466 39805 8643325 7254746 2143167 80317 9317596 7165473 11001 117964 39692 7254746 0.24447 0.75553 0.00000 1 0 243946 243946 6572761 4105628 2467133 2634098 2257057 377041 3088120 BENEFICIAL INTEREST IN FOUNDATION 5648050 BENEFICIAL INTEREST IN CHARITABLE TRUST 400932 ADVANCES TO AFFILIATES 1961150 8010132 X PART V, LINE 4: THE ORGANIZATION'S ENDOWMENTS CONSIST OF BOARD-DESIGNATED FUNDS AND INDIVIDUAL DONOR-RESTRICTED FUNDS ESTABLISHED BY THE DONORS TO FUNCTION AS ENDOWMENTS FOR THE LONG-TERM SUPPORT OF THE ORGANIZATION. PART X, LINE 2: THE HEUSER HEARING & LANGUAGE ACADEMY (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, 2024 AND 2023, 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. 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION FOLLOWS THE JEFFERSON COUNTY, KENTUCKY PUBLIC SCHOOL POLICY. SEE PART II. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION FOLLOWS THE JEFFERSON COUNTY, KENTUCKY PUBLIC SCHOOL POLICY. SEE PART II. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION HAS AN AGREEMENT WITH THE BOARD OF EDUCATION OF JEFFERSON COUNTY, KY (THE BOARD OF EDUCATION) WHEREBY THE ORGANIZATION PROVIDES THE USE OF ITS FACILITIES FOR THE BENEFIT OF STUDENTS OF JEFFERSON COUNTY WITH HEARING LOSS. TEACHER ASSISTANTS AND A MINIMUM SUPPLY BUDGET PROVIDED UNDER THE AGREEMENT ARE PAID FOR BY THE BOARD OF EDUCATION BASED ON A 6 (STUDENTS) TO 1 (TEACHER) STATE RATIO FOR SELF-CONTAINED CLASSES FOR HEARING IMPAIRED CHILDREN. THE ORGANIZATION RECEIVES NO COMPENSATION UNDER THE AGREEMENT. THIS ARRANGEMENT WAS ENTERED INTO TO PROVIDE SPECIALIZED EARLY CHILDHOOD EDUCATION FOR THE DEAF AND HARD OF HEARING CHILDREN WHICH HELPS TO PROVIDE A STRONG FOUNDATION FOR THE SMOOTH TRANSITION INTO JEFFERSON COUNTY, KENTUCKY PUBLIC SCHOOL'S MAINSTREAM RESOURCE, ITINERANT, OR SELF-CONTAINED PROGRAMS. FOR STUDENTS OUTSIDE JEFFERSON COUNTY, KENTUCKY, THE COMMONWEALTH OF KENTUCKY PROVIDES AN ALLOCATION OF STATE FUNDS TO THE ORGANIZATION. HEAR ON THE RIVER, HISTORY WALL 93786 87690 6096 11768 6096 11093 BUTTERFLIES IN MOTION 159135 156889 2246 2246 18132 252921 244579 8342 11768 8342 29225 49335 -40993 X X X X 0 0 0 0 1 0 0 1 0 BRETT BACHMANN CEO 39215 156859 5200 20800 0 0 2133 8534 2275 9102 48823 195295 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS PAID BY THIS ORGANIZATION. A PORTION OF THE COMPENSATION EXPENSE IS ALLOCATED TO A RELATED 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 OF THE EDITH & HENRY HEUSER HEARING INSTITUTE, INC. 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 OF THE EDITH & HENRY HEUSER HEARING INSTITUTE, INC. BONUS STRUCTURE WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS X 1 500622 FAIR MARKET VALUE 0 0 1 PART I, LINE 32B: DONATED SECURITIES ARE RECEIVED INTO AN INVESTMENT ACCOUNT CUSTODIED BY A THIRD PARTY INVESTMENT BROKER. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIP BETWEEN LAURA DUANE AND PEGGY DUANE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED WITH HEALTHCARE REVENUE GROUP (HRG) TO PERFORM THE ACCOUNTING FUNCTIONS FOR THE ORGANIZATION. ULTIMATELY THE CEO HAS THE 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 ORGANIZATION 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 COMPENSATION IS PAID BY THIS ORGANIZATION. A PORTION OF THE COMPENSATION EXPENSE IS ALLOCATED TO A RELATED 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 IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE EDITH & HENRY HEUSER HEARING INSTITUTE 111 E KENTUCKY ST LOUISVILLE KY 40203 611353955 HELPING HEARING IMPAIRED WITH SPEECH AND AUDITORY SKILLS KY 501(C)(3) LINE 10 N/A 0 HEUSER HEARING PRODUCTS INC 111 E KENTUCKY STREET LOUISVILLE KY 40203 300040334 PROVIDE AUDIOLOGICAL MEDICAL SERVICES KY N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1