Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $239,530

• 1f · All other contributions, gifts and grants

  $11,900

• 2a · Program service revenue: Medicare and Medicaid payments

  total $12,216,212 · related or exempt $12,216,212

• 2b · Program service revenue: Private revenue

  total $4,387,600 · related or exempt $4,387,600

• 3 · Investment income

  total $224,838 · excluded $224,838

• 11a · Other revenue: Miscellaneous income

  total $554,293 · related or exempt $554,293

• 11b · Other revenue: Meal revenue

  total $4,658 · related or exempt $4,658

• 11c · Other revenue: Telephone Service Revenue

  total $148 · related or exempt $148

• 11e · Other revenue, total

  $559,099

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $6,859,664 · program services $6,299,692 · management and general $559,972

• 8 · Pension plan contributions

  total $90,431 · program services $80,211 · management and general $10,220

• 9 · Other employee benefits

  total $746,626 · program services $686,140 · management and general $60,486

• 10 · Payroll taxes

  total $507,701 · program services $466,935 · management and general $40,766

• 11a · Fees: management

  total $900,000 · management and general $900,000

• 11b · Fees: legal

  total $107,269 · management and general $107,269

• 11c · Fees: accounting

  total $42,042 · management and general $42,042

• 11g · Fees: other

  total $4,594,549 · program services $4,353,478 · management and general $241,071

• 12 · Advertising and promotion

  total $27,068 · management and general $27,068

• 14 · Information technology

  total $127,941 · management and general $127,941

• 16 · Occupancy

  total $371,911 · program services $371,911

• 17 · Travel

  total $14,481 · management and general $14,481

• 20 · Interest

  total $9,096 · program services $9,096

• 22 · Depreciation, depletion and amortization

  total $368,286 · program services $368,286

• 23 · Insurance

  total $376,962 · management and general $376,962

• 24a · Other expenses: Program supplies

  total $1,031,068 · program services $1,031,068

• 24b · Other expenses: Medicaid Provider Fee

  total $633,639 · program services $633,639

• 24c · Other expenses: Bad debt expense

  total $136,182 · program services $136,182

• 24d · Other expenses: Telephone

  total $105,659 · management and general $105,659

• 24e · All other expenses

  total $277,418 · program services $118,747 · management and general $158,671

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,500 · end of year $18,404

• 4 · Accounts receivable

  beginning of year $4,656,390 · end of year $1,324,863

• 9 · Prepaid expenses and deferred charges

  beginning of year $120,479 · end of year $94,421

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

  $12,276,965

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

  $7,684,287

• 10c · Land, buildings and equipment, net

  beginning of year $4,282,763 · end of year $4,592,678

• 15 · Other assets

  beginning of year $3,315,009 · end of year $6,201,702

• 17 · Accounts payable and accrued expenses

  beginning of year $1,069,344 · end of year $1,049,065

• 25 · Other liabilities

  beginning of year $434,980 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $10,871,817 · end of year $11,183,003

The filer's explanations (Part III)

Part I, Line 3

The CEO of A.G. Rhodes Health & Rehabilitation Management Company is considered to be the de facto CEO of this Organization. The Board of Trustees of A.G. Rhodes Homes establishes the CEO's compensation.

Part I, Line 7

Bonus based on patient care criteria and cash flow.