2026-04-14T08:54:21-05:00 2025-05-31 351178661 BLUE & CO LLC 2650 EASTPOINT PKWY SUITE 300 LOUISVILLE KY 40223 990 2024-06-01 611383955 THE EDITH & HENRY HEUSER HEARING INSTITUTE INC EDIT 5025153320 111 E KENTUCKY STREET BLDG B LOUISVILLE KY 40203 BRETT BACHMANN CEO 5025153320 2026-04-13 1 1 EMILIE M KNIERIEM CPA P01330194 5029923500 2026-04-13 2024 2025-03-06 01:10:19Z BRETT BACHMANN 111 E KENTUCKY STREET BLDG B LOUISVILLE KY 40203 5787590 0 X WWW.THEHEARINGINSTITUTE.ORG X 2001 KY EDUCATIONAL, AUDIOLOGICAL, DIAGNOSTIC, COCHLEAR IMPLANT, AND EAR RELATED MEDICAL SERVICES. 20 20 0 198 0 0 2241024 2974391 641173 825618 0 0 534458 681606 3416655 4481615 0 0 0 0 1810282 2098028 0 0 67398 1300783 1338094 3111065 3436122 305590 1045493 2129822 3273195 2939809 3037689 -809987 235506 EDUCATIONAL, AUDIOLOGICAL, DIAGNOSTIC, COCHLEAR IMPLANT, AND EAR RELATED MEDICAL SERVICES. 0 0 2847358 1507224 THE INSTITUTE IS A COMPREHENSIVE HEARING SERVICES CENTER FOR CHILDREN AND ADULTS AND PROVIDES EDUCATIONAL, AUDIOLOGICAL, DIAGNOSTIC, COCHLEAR IMPLANT, AND EAR RELATED MEDICAL SERVICES. 2847358 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 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 1 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 KY X THE ORGANIZATION 5025153320 111 E KENTUCKY STREET BLDG B LOUISVILLE KY 40203 RALPH BARRINGER PRESIDENT 1.00 1.00 X X 0 0 0 JENNY HEADLEE VICE PRESIDENT 1.00 1.00 X X 0 0 0 WILL BUSCHMANN TREASURER/SECRETARY 1.00 1.00 X X 0 0 0 BRAD BROECKER DIRECTOR 1.00 1.00 X 0 0 0 BEAU HANDY DIRECTOR 1.00 1.00 X 0 0 0 BRIAN BAKER DIRECTOR 1.00 1.00 X 0 0 0 BOBBY ENNIS DIRECTOR 1.00 1.00 X 0 0 0 MATTHEW HORN DIRECTOR (BEG 03/25) 1.00 1.00 X 0 0 0 JACOB MCGILL DIRECTOR 1.00 1.00 X 0 0 0 REBECCA THOMAS DIRECTOR 1.00 1.00 X 0 0 0 PETER THURMAN DIRECTOR 1.00 1.00 X 0 0 0 BRACK TURNER DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL ERSKINE DIRECTOR 1.00 1.00 X 0 0 0 JENNY HYLAND DIRECTOR 1.00 1.00 X 0 0 0 JIM OETKEN DIRECTOR 1.00 1.00 X 0 0 0 LAURA DUANE DIRECTOR 1.00 1.00 X 0 0 0 PEGGY DUANE DIRECTOR 1.00 1.00 X 0 0 0 SHANNON COGAN DIRECTOR 1.00 1.00 X 0 0 0 GAIL DEYE DIRECTOR 1.00 1.00 X 0 0 0 DEREK HOPPE DIRECTOR 1.00 1.00 X 0 0 0 JOSHUA T HONAKER DIRECTOR (END 04/25) 1.00 1.00 X 0 0 0 PAULA HARSHAW DIRECTOR (END 09/24) 1.00 1.00 X 0 0 0 ROSEMARY KIRKWOOD DIRECTOR (END 05/25) 1.00 1.00 X 0 0 0 BRETT BACHMANN CEO 32.00 8.00 X 225839 56460 28483 225839 56460 28483 1 0 1 0 0 2178041 796350 2974391 NET PATIENT SERVICE REVENUE 900099 825618 825618 825618 1946519 1305975 640544 640544 MISCELLANEOUS INCOME 900099 23751 23751 REBATES 900099 17311 17311 41062 4481615 1507224 0 0 X 242758 226007 10971 5780 1606231 1495398 72591 38242 31065 28921 1404 740 77043 71727 3482 1834 140931 131207 6369 3355 99816 51689 47183 944 394211 204141 186342 3728 314373 162797 148603 2973 66309 59631 5445 1233 146319 131526 11577 3216 82719 74388 6793 1538 11686 8063 3272 351 20839 18732 1649 458 REPAIRS AND MAINTENANCE 72936 65590 5990 1356 CONTINUING EDUCATION 56763 51046 4662 1055 BAD DEBT 25414 22855 2087 472 MEDICAL SUPPLIES 21872 21305 444 123 24837 22335 2502 3436122 2847358 521366 67398 31084 26821 0 25870 185458 649594 272216 467995 15229 3028 251391 273731 27334 16706 1436655 152790 1304944 1283865 42166 525585 2129822 3273195 927099 485834 2012710 2551855 2939809 3037689 X -917668 127825 107681 107681 -809987 235506 2129822 3273195 1045493 0 X 0 1 X 1 0 X 46146 1500000 2241024 2974391 6761561 2338263 2229828 2345239 2000262 3090273 12003865 2384409 2229828 3845239 4241286 6064664 18765426 0 0 0 18765426 23205 48061 42606 40552 40162 194586 2407614 2277889 3887845 4281838 6104826 18960012 0.98970 0.98740 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65250 65250 369750 18533 351217 81554 81554 920101 134257 785844 1283865 ROU ASSET - OPERATING LEASE 519710 ROU ASSET - FINANCE LEASE 5875 525585 ADVANCE FROM AFFILIATES 2026269 ROU LIABILITY - OPERATING LEASE 519710 ROU LIABILITY - FINANCE LEASE 5876 2551855 X PART X, LINE 2: 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, 2025 AND 2024, 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 0 0 0 0 0 0 0 0 0 BRETT BACHMANN CEO 160774 40194 64400 16100 665 166 11379 2845 11407 2852 248625 62157 0 0 PART I, LINE 3 THE CEO'S COMPENSATION 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 A, LINE 2 LAURA DUANE (BOD) IS THE DAUGHTER-IN-LAW OF PEGGY DUANE (BOD). 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 CFO REVIEWS THE 990 IN DETAIL FIRST, AND THEN REVIEWS THE 990 WITH THE CEO PRIOR TO FILING. THE BOARD HAS THE ALWAYS HAS THE OPTION OF REVIEWING THE 990 PRIOR TO FILING AS WELL. 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 15A THE SECRETARY/TREASURER AND BOARD PRESIDENT REVIEW COMPARATIVE SALARY DATA FOR SIMILAR POSITIONS AT OTHER NON-PROFITS IN THE SAME GEOGRAPHICAL AREAS WITHIN THE SAME INDUSTRY. THE CEO'S COMPENSATION IS PAID BY RELATED ORGANIZATION, HEUSER HEARING & LANGUAGE ACADEMY. 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. FORM 990, PART IX, LINE 11G MAINTENANCE CONTRACTS : PROGRAM SERVICE EXPENSES 7,703. MANAGEMENT AND GENERAL EXPENSES 7,031. FUNDRAISING EXPENSES 141. TOTAL EXPENSES 14,875. PURCHASED SERVICES : PROGRAM SERVICE EXPENSES 192,349. MANAGEMENT AND GENERAL EXPENSES 175,578. FUNDRAISING EXPENSES 3,512. TOTAL EXPENSES 371,439. OTHER FEES : PROGRAM SERVICE EXPENSES 4,089. MANAGEMENT AND GENERAL EXPENSES 3,733. FUNDRAISING EXPENSES 75. TOTAL EXPENSES 7,897. 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 0 0