Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 3 · Investment income

  total $20,330 · excluded $20,330

• 11a · Other revenue: APPLICATION FEES

  total $14,602 · excluded $14,602

• 11e · Other revenue, total

  $14,602

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $4,459,021 · management and general $4,459,021

• 7 · Other salaries and wages

  total $3,617,096 · management and general $3,617,096

• 8 · Pension plan contributions

  total $871,830 · management and general $871,830

• 9 · Other employee benefits

  total $1,288,956 · management and general $1,288,956

• 10 · Payroll taxes

  total $702,031 · management and general $702,031

• 11b · Fees: legal

  total $99,954 · management and general $99,954

• 11c · Fees: accounting

  total $325,361 · management and general $325,361

• 11d · Fees: lobbying

  total $341 · management and general $341

• 11g · Fees: other

  total $677,876 · program services $419,792 · management and general $258,084

• 12 · Advertising and promotion

  total $489,035 · management and general $489,035

• 13 · Office expenses

  total $66,602 · program services $29,203 · management and general $37,399

• 14 · Information technology

  total $26 · management and general $26

• 16 · Occupancy

  total $83,517 · management and general $83,517

• 17 · Travel

  total $73,245 · management and general $73,245

• 19 · Conferences, conventions and meetings

  total $183,258 · program services $45,243 · management and general $138,015

• 22 · Depreciation, depletion and amortization

  total $1,070,675 · program services $1,070,675

• 23 · Insurance

  total $154,800 · management and general $154,800

• 24a · Other expenses: STRATEGIC PLANNING

  total $1,920,805 · management and general $1,920,805

• 24b · Other expenses: EMPLOYEE ACTIVITIES

  total $181,625 · management and general $181,625

• 24c · Other expenses: REPAIR & MAINTENANCE

  total $174,655 · program services $136,251 · management and general $38,404

• 24d · Other expenses: EMPLOYEE EXPENSES

  total $107,003 · management and general $107,003

• 24e · All other expenses

  total $312,314 · program services $105,090 · management and general $207,224

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,431 · end of year $8,166

• 2 · Savings and temporary cash investments

  beginning of year $6,693,490 · end of year $6,936,905

• 9 · Prepaid expenses and deferred charges

  beginning of year $552,147 · end of year $596,829

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

  $24,628,658

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

  $2,232,999

• 10c · Land, buildings and equipment, net

  beginning of year $21,817,668 · end of year $22,395,659

• 12 · Investments: other securities

  beginning of year $2,910,398 · end of year $0

• 14 · Intangible assets

  beginning of year $372,000 · end of year $372,000

• 17 · Accounts payable and accrued expenses

  beginning of year $9,579,804 · end of year $9,594,238

• 25 · Other liabilities

  beginning of year $9,233,318 · end of year $7,704,240

• 27 · Net assets without donor restrictions

  beginning of year $13,538,012 · end of year $13,011,081

The filer's explanations (Part III)

PART I, LINE 1A

AS PART OF THE WELLNESS MEMBERSHIP REIMBURSEMENT POLICY, ALL FULL-TIME EMPLOYEES CAN BE REIMBURSED UP TO $100 PER QUARTER FOR A MEMBERSHIP. IN 2023, 6 EMPLOYEES RECEIVED THE BENEFIT.

PART I, LINE 7

EXECUTIVES AND MANAGEMENT PERSONNEL RECEIVED BONUSES AS A PART OF THEIR COMPENSATION FOR THE YEAR 2023. BONUSES ARE BASED UPON PERFORMANCE EVALUATIONS THAT REFLECT PREVIOUSLY AGREED UPON GOALS AND OBJECTIVES WHICH HAVE BOTH FINANCIAL AND NON-FINANCIAL ELEMENTS.

Related corporations and trusts

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

• PARKER AT EAST WINDSOR

  C · NURSING HOME CARE · NJ · 100% owned · controlled entity

  Directly controlled by PARKER HEALTH GROUP INC