Skip to content
Nonprofiteer
← OPERATION LIFE INC

Form 990 for tax year 2022

Filed by OPERATION LIFE INC.

Totals

Total revenue
$528,799
Total expenses
$487,366
Contributions and grants received
$426,512
Grants paid
$0
Program service revenue
$102,231
Investment income
$56
Other revenue
$0
Total assets, end of year
$967,202
Total liabilities, end of year
$649,171
Net assets or fund balances, end of year
$318,031
Program services expenses (Part IX)
$459,173
Management and general expenses
$28,193
Fundraising expenses
$0
Program service expenses (Part III)
$459,173

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $426,512

  • 2a · Program service revenue: TENANT RENTAL INCOME

    total $100,096 · related or exempt $100,096

  • 2b · Program service revenue: LAUNDRY AND VENDING

    total $2,135 · related or exempt $2,135

  • 3 · Investment income

    total $56 · excluded $56

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $104,337 · program services $96,877 · management and general $7,460

  • 9 · Other employee benefits

    total $42,662 · program services $39,612 · management and general $3,050

  • 10 · Payroll taxes

    total $13,654 · program services $12,678 · management and general $976

  • 11a · Fees: management

    total $23,040 · program services $23,040

  • 11c · Fees: accounting

    total $12,260 · management and general $12,260

  • 13 · Office expenses

    total $4,411 · management and general $4,411

  • 16 · Occupancy

    total $42,956 · program services $42,956

  • 20 · Interest

    total $7,277 · program services $7,277

  • 22 · Depreciation, depletion and amortization

    total $65,957 · program services $65,957

  • 23 · Insurance

    total $26,198 · program services $26,198

  • 24a · Other expenses: OPERATING AND MAINTENAN

    total $144,468 · program services $144,468

  • 24b · Other expenses: MISCELLANEOUS TAXES, LI

    total $110 · program services $110

  • 24c · Other expenses: MISC ADMIN EXPENSE

    total $36 · management and general $36

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $40,094 · end of year $121,312

  • 4 · Accounts receivable

    beginning of year $6,580 · end of year $59,715

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,797 · end of year $3,064

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

    $2,335,843

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

    $1,853,392

  • 10c · Land, buildings and equipment, net

    beginning of year $326,064 · end of year $482,451

  • 15 · Other assets

    beginning of year $250,143 · end of year $300,660

  • 17 · Accounts payable and accrued expenses

    beginning of year $191,396 · end of year $616,057

  • 19 · Deferred revenue

    beginning of year $9,497 · end of year $6,896

  • 23 · Secured mortgages and notes payable

    beginning of year $144,118 · end of year $21,567

  • 25 · Other liabilities

    beginning of year $5,069 · end of year $4,651

  • 27 · Net assets without donor restrictions

    beginning of year $276,598 · end of year $318,031

Mission and programs · 2022

Mission

TO PROVIDE HOUSING FOR INDIVIDUALS WITH PHYSICAL DISABILITIES, ENABLING THESE PEOPLE TO LIVE INDEPENDENT, HEALTHY AND SECURE LIVES.

  • PROVIDED A BARRIER-FREE ENVIRONMENT AND PERMITTED ADULTS WHO HAVE DEVELOPMENTAL AND MULTIPLE PHYSICAL DISABILITIES TO RESIDE IN THEIR OWN APARTMENTS WITHIN THE COMMUNITY. 24 CLIENTS SERVED FOR 365 DAYS DURING THE YEAR. ADDITIONAL FUNDING FOR THIS PROGRAM IS PROVIDED THROUGH FEDERAL GRANTS.

    Expenses $459,173 · Revenue $102,231

As filed on the 2022 return.

Listed in Part VII

  • VINCENT VIVONA DO JD

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • CHRISTINE RUSSELL GRAY

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • STEPHAN LOWY

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • STEPHEN F BELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • PATRICIA B CARLESIMO

    EXECUTIVE DIRECTOR

    Total calculated
    $259,768
    From this org
    $0
    From related orgs
    $196,363
    Other
    $63,405
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $196,363 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $40,546 related
    Nontaxable benefits
    $0 + $22,859 related
    Filer's total
    $0 + $259,768 related

  • CRYSTAL PENDRY

    DIRECTOR OF FINANCE

    Total calculated
    $118,001
    From this org
    $0
    From related orgs
    $105,462
    Other
    $12,539
    Hours/week
    1 + 39 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • LADACIN NETWORK INC

    501(C)(3) · SOCIAL SERVICES AND EDUCATION · NJ

  • M&O HOUSING INC

    501(C)(3) · RESIDENTIAL HOUSING FOR THE DEVELOPMENTALLY DISABLED · NJ

    Directly controlled by LADACIN NETWORK

  • OCEAN UCP HOUSING INC

    501(C)(3) · RESIDENTIAL HOUSING FOR THE DEVELOPMENTALLY DISABLED · NJ

    Directly controlled by LADACIN NETWORK

  • MONMOUTH UCP HOUSING INC

    501(C)(3) · RESIDENTIAL HOUSING FOR THE DEVELOPMENTALLY DISABLED · NJ

    Directly controlled by LADACIN NETWORK

  • RESIDENTIAL RESOURCES INC

    501(C)(3) · RESIDENTIAL HOUSING FOR THE DEVELOPMENTALLY DISABLED · NJ

    Directly controlled by LADACIN NETWORK

Provenance

Return type
form_990
Tax year
2022
Filed
2 March 2024
IRS schema version
2022v5.0
Source object
202410659349301361

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.