Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RESIDENT SERVICES

  total $10,341,796 · related or exempt $10,341,796

• 2b · Program service revenue: MANAGEMENT FEE

  total $63,319 · related or exempt $63,319

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $945 · excluded $945

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7b · Less cost or other basis and sales expenses

  other assets $69

• 7c · Gain or loss

  securities $0 · other assets -$69

• 7d · Net gain or loss

  total -$69 · excluded -$69

• 11a · Other revenue: BEAUTY/BARBERSHOP

  total $34,650 · related or exempt $34,650

• 11b · Other revenue: TELEHPHONE INCOME

  total $5,838 · related or exempt $5,838

• 11c · Other revenue: OTHER

  total $3,682 · related or exempt $3,682

• 11d · All other revenue

  total $1,529 · related or exempt $1,529 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $45,699

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,600 · program services $12,600

• 7 · Other salaries and wages

  total $3,766,510 · program services $3,540,519 · management and general $225,991

• 8 · Pension plan contributions

  total $124,503 · program services $117,033 · management and general $7,470

• 9 · Other employee benefits

  total $505,938 · program services $475,582 · management and general $30,356

• 10 · Payroll taxes

  total $272,173 · program services $255,843 · management and general $16,330

• 11a · Fees: management

  total $898,046 · program services $429,046 · management and general $469,000

• 11b · Fees: legal

  total $272 · management and general $272

• 11c · Fees: accounting

  total $32,700 · management and general $32,700

• 11g · Fees: other

  total $2,282,100 · program services $2,116,646 · management and general $165,454 · fundraising $0

• 12 · Advertising and promotion

  total $67,313 · management and general $67,313

• 13 · Office expenses

  total $415,315 · program services $278,261 · management and general $137,054

• 16 · Occupancy

  total $453,876 · program services $340,407 · management and general $113,469

• 17 · Travel

  total $6,969 · program services $5,227 · management and general $1,742

• 20 · Interest

  total $416,547 · program services $416,547

• 22 · Depreciation, depletion and amortization

  total $677,699 · program services $508,274 · management and general $169,425

• 23 · Insurance

  total $143,790 · management and general $143,790

• 24a · Other expenses: BAD DEBT EXPENSE

  total $1,064,237 · program services $1,064,237

• 24b · Other expenses: DIETARY

  total $291,537 · program services $291,537

• 24c · Other expenses: MEDICAL SUPPLIES

  total $282,012 · program services $282,012

• 24d · Other expenses: REPAIRS & MAINTENACE

  total $137,801 · program services $137,801

• 24e · All other expenses

  total $79,834 · program services $79,834 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,200 · end of year $1,192

• 2 · Savings and temporary cash investments

  beginning of year -$99,861 · end of year $521,918

• 4 · Accounts receivable

  beginning of year $1,314,017 · end of year $2,110,384

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $38,414 · end of year $38,414

• 9 · Prepaid expenses and deferred charges

  beginning of year $15,394 · end of year $50,837

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

  $24,230,605

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

  $12,081,777

• 10c · Land, buildings and equipment, net

  beginning of year $12,115,888 · end of year $12,148,828

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $1,547,429 · end of year $1,050,801

• 17 · Accounts payable and accrued expenses

  beginning of year $477,398 · end of year $1,020,047

• 19 · Deferred revenue

  beginning of year $1,104,933 · end of year $1,196,349

• 20 · Tax-exempt bond liabilities

  beginning of year $12,431,316 · end of year $12,050,926

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $2,498,194 · end of year $4,711,704

• 27 · Net assets without donor restrictions

  beginning of year -$1,583,789 · end of year -$3,059,801

• 28 · Net assets with donor restrictions

  beginning of year $4,429 · end of year $3,149

The filer's explanations (Part III)

Schedule J, Part I

THIS ENTITY RELIED ON A RELATED ORGANIZATION THAT USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE PRESIDENT/CEO: 1. COMPENSATION SURVEY OR STUDY 2. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• GREENCROFT MANAGEMENT INC

  C Corporation · MGMT · IN · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA