Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RESIDENT SERVICE REVEN

  total $204,990 · related or exempt $204,990

• 3 · Investment income

  total $1,003 · excluded $1,003

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $34,671 · program services $5,117 · management and general $29,554

• 9 · Other employee benefits

  total $1,547 · program services $228 · management and general $1,319

• 10 · Payroll taxes

  total $2,705 · program services $399 · management and general $2,306

• 11a · Fees: management

  total $26,423 · management and general $26,423

• 11c · Fees: accounting

  total $15,285 · management and general $15,285

• 11g · Fees: other

  total $2,597 · program services $2,492 · management and general $105

• 12 · Advertising and promotion

  total $43 · management and general $43

• 13 · Office expenses

  total $1,017 · management and general $1,017

• 14 · Information technology

  total $25,119 · program services $24,100 · management and general $1,019

• 16 · Occupancy

  total $72,075 · program services $69,151 · management and general $2,924

• 20 · Interest

  total $86 · program services $83 · management and general $3

• 22 · Depreciation, depletion and amortization

  total $70,627 · program services $67,762 · management and general $2,865

• 24a · Other expenses: REPAIRS & MAINTENANCE

  total $7,987 · program services $7,663 · management and general $324

• 24b · Other expenses: MEDICAL SUPPLIES

  total $2,790 · program services $2,677 · management and general $113

• 24c · Other expenses: MISCELLANEOUS EXPENSE

  total $1,884 · management and general $1,884

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $978 · end of year $75

• 2 · Savings and temporary cash investments

  beginning of year $86,554 · end of year $89,415

• 4 · Accounts receivable

  beginning of year $1,607 · end of year $2,163

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,183 · end of year $1,913

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

  $3,190,293

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

  $2,184,276

• 10c · Land, buildings and equipment, net

  beginning of year $1,020,942 · end of year $1,006,017

• 15 · Other assets

  beginning of year $71,357 · end of year $36,220

• 17 · Accounts payable and accrued expenses

  beginning of year $5,993 · end of year $14,260

• 21 · Escrow or custodial account liability

  beginning of year $14,374 · end of year $14,152

• 27 · Net assets without donor restrictions

  beginning of year $1,166,254 · end of year $1,107,391

The filer's explanations (Part III)

PART I, LINE 3

THE CEO IS COMPENSATED BY BETHESDA, A MINNESOTA NON-PROFIT RELATED ORGANIZATION. BETHESDA USES THE FOLLOWING TO ESTABLISH THE CEO'S COMPENSATION: 1. INDEPENDENT COMPENSATION SONSULTANT 2. CONDENSATION SURVEY 3. APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE.