Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MANAGEMENT FEE

  total $3,336,144 · related or exempt $3,336,144

• 2b · Program service revenue: NET RESIDENT SERVICE R

  total $444,626 · related or exempt $444,626

• 2c · Program service revenue: ACCOMMODATION REVENUE

  total $24,080 · related or exempt $24,080

• 3 · Investment income

  total $120,386 · excluded $120,386

• 7a · Gross sales of assets other than inventory

  securities $781,501

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

  securities $801,785

• 7c · Gain or loss

  securities -$20,284

• 7d · Net gain or loss

  total -$20,284 · excluded -$20,284

• 11a · Other revenue: CONSULTING REVENUES

  total $438,800 · unrelated business $283,319 · excluded $155,481

• 11e · Other revenue, total

  $438,800

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,059,496 · program services $1,059,496

• 7 · Other salaries and wages

  total $2,109,177 · program services $2,109,177

• 8 · Pension plan contributions

  total $74,484 · program services $74,484

• 9 · Other employee benefits

  total $333,159 · program services $333,159

• 10 · Payroll taxes

  total $216,337 · program services $216,337

• 11a · Fees: management

  total $43,030 · program services $43,030

• 11b · Fees: legal

  total $10,178 · management and general $10,178

• 11c · Fees: accounting

  total $78,350 · management and general $78,350

• 11g · Fees: other

  total $371,362 · program services $325,066 · management and general $46,296

• 12 · Advertising and promotion

  total $3,734 · management and general $3,734

• 13 · Office expenses

  total $19,955 · program services $19,955

• 14 · Information technology

  total $56,194 · program services $56,194

• 16 · Occupancy

  total $13,680 · program services $13,680

• 17 · Travel

  total $35,855 · program services $35,855

• 20 · Interest

  total $54 · program services $54

• 22 · Depreciation, depletion and amortization

  total $42,614 · program services $42,614

• 24a · Other expenses: TRAINING & EDUCATION

  total $41,869 · program services $41,869

• 24b · Other expenses: LICENSES, DUES & SUBSCR

  total $40,932 · management and general $40,932

• 24c · Other expenses: OTHER EXPENSE

  total $5,604 · management and general $5,604

• 24d · Other expenses: EVENTS

  total $2,012 · program services $2,012

• 24e · All other expenses

  total $877 · program services $877

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $231,831 · end of year $90,628

• 4 · Accounts receivable

  beginning of year $221,463 · end of year $78,024

• 9 · Prepaid expenses and deferred charges

  beginning of year $50,790 · end of year $53,814

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

  $870,581

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

  $212,455

• 10c · Land, buildings and equipment, net

  beginning of year $695,553 · end of year $658,126

• 11 · Investments: publicly traded securities

  beginning of year $4,336,504 · end of year $4,551,870

• 15 · Other assets

  beginning of year $238,989 · end of year $484,031

• 17 · Accounts payable and accrued expenses

  beginning of year $424,263 · end of year $427,400

• 25 · Other liabilities

  beginning of year $937,964 · end of year $1,216,691

• 27 · Net assets without donor restrictions

  beginning of year $4,412,903 · end of year $4,272,402

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE COMMITTEE OF THE RELATED ENTITY GARDEN SPOT VILLAGE APPROVES ALL SALARIES FOR OFFICERS AND TOP MANAGEMENT. SALARIES ARE DETERMINED BASED ON REVIEW OF AN ANNUAL SURVEY PROVIDED BY TRADE ASSOCIATION TO ENSURE COMPENSATION DOES NOT EXCEED FAIR MARKET VALUE. COMPENSATION REVIEW IS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE MEETING.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• AT HOME SERVICES LLC

  PROVIDE HOME CARE SERVICES · PA · income $445,343 · assets $71,089

  Directly controlled by GARDEN SPOT COMMUNITIES

• GARDEN SPOT COLIVING LLC

  COOPERATIVE HOUSING UNITS · PA · income $25,241 · assets $14,423

  Directly controlled by GARDEN SPOT COMMUNITIES