Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $188,711

• 1f · All other contributions, gifts and grants

  $131,125

• 1g · Noncash contributions included above

  $5,800

• 2a · Program service revenue: RESIDENTIAL SERVICE FEES

  total $6,821,659 · related or exempt $6,821,659

• 2b · Program service revenue: DEPARTMENTAL REVENUE

  total $41,220 · related or exempt $41,220

• 2c · Program service revenue: REFUNDABLE LIFE USER FEE AMORTIZA

  total $7,656 · related or exempt $7,656

• 3 · Investment income

  total $52,556 · excluded $52,556

• 4 · Income from investment of tax-exempt bond proceeds

  total $3 · excluded $3

• 7a · Gross sales of assets other than inventory

  securities $4,300,540

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

  securities $4,510,097

• 7c · Gain or loss

  securities -$209,557

• 7d · Net gain or loss

  total -$209,557 · excluded -$209,557

• 11a · Other revenue: DIETARY

  total $33,393 · excluded $33,393

• 11b · Other revenue: AGENCY REVENUE

  total $25,096 · excluded $25,096

• 11c · Other revenue: BEAUTY AND BARBER

  total $11,585 · excluded $11,585

• 11d · All other revenue

  total $8,971 · excluded $8,971

• 11e · Other revenue, total

  $79,045

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,324 · program services $4,324

• 5 · Compensation of officers, directors and key employees

  total $150,856 · management and general $150,856

• 7 · Other salaries and wages

  total $2,265,239 · program services $2,195,635 · management and general $69,604

• 8 · Pension plan contributions

  total $40,649 · program services $36,940 · management and general $3,709

• 9 · Other employee benefits

  total $279,771 · program services $254,243 · management and general $25,528

• 10 · Payroll taxes

  total $180,014 · program services $163,588 · management and general $16,426

• 11b · Fees: legal

  total $6,901 · management and general $6,901

• 11c · Fees: accounting

  total $9,803 · management and general $9,803

• 11f · Fees: investment management

  total $9,366 · management and general $9,366

• 11g · Fees: other

  total $1,453,375 · program services $1,450,071 · management and general $3,304

• 12 · Advertising and promotion

  total $190,146 · management and general $190,146

• 13 · Office expenses

  total $803,292 · program services $737,958 · management and general $65,334

• 14 · Information technology

  total $81,737 · management and general $81,737

• 16 · Occupancy

  total $421,077 · program services $402,831 · management and general $18,246

• 17 · Travel

  total $15,939 · program services $14,485 · management and general $1,454

• 20 · Interest

  total $100,784 · program services $96,417 · management and general $4,367

• 22 · Depreciation, depletion and amortization

  total $703,433 · program services $672,953 · management and general $30,480

• 23 · Insurance

  total $86,769 · program services $83,009 · management and general $3,760

• 24a · Other expenses: CORPORATE SERVICE FEES

  total $426,720 · management and general $426,720

• 24b · Other expenses: RLUF FINANCING

  total $176,356 · program services $176,356

• 24c · Other expenses: BAD DEBT/OTHER ADMINIST

  total $71,273 · program services $71,273

• 24d · Other expenses: UNUSUAL (COVID) EXPENSE

  total $34,075 · program services $34,075

• 24e · All other expenses

  total $68,564 · program services $34,620 · management and general $33,944

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,200 · end of year $1,275

• 4 · Accounts receivable

  beginning of year $546,650 · end of year $681,649

• 8 · Inventories for sale or use

  beginning of year $18,162 · end of year $19,305

• 9 · Prepaid expenses and deferred charges

  beginning of year $40,941 · end of year $57,769

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

  $18,801,286

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

  $10,042,352

• 10c · Land, buildings and equipment, net

  beginning of year $9,128,051 · end of year $8,758,934

• 11 · Investments: publicly traded securities

  beginning of year $4,201,025 · end of year $2,877,042

• 14 · Intangible assets

  beginning of year $100,000 · end of year $100,000

• 17 · Accounts payable and accrued expenses

  beginning of year $986,262 · end of year $712,032

• 20 · Tax-exempt bond liabilities

  beginning of year $3,021,098 · end of year $2,914,180

• 21 · Escrow or custodial account liability

  beginning of year $1,200 · end of year $1,275

• 23 · Secured mortgages and notes payable

  beginning of year $403,673 · end of year $348,962

• 25 · Other liabilities

  beginning of year $4,172,411 · end of year $3,804,541

• 27 · Net assets without donor restrictions

  beginning of year $5,068,202 · end of year $4,201,525

• 28 · Net assets with donor restrictions

  beginning of year $383,183 · end of year $513,459

The filer's explanations (Part III)

PART I, LINE 3

A RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

PART I, LINE 4B

EFFECTIVE DECEMBER 31, 2021 THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) BENEFITS WERE FROZEN AND THE PLAN WAS CLOSED TO NEW ENTRANTS. ALL ACTIVE PARTICIPANTS WERE PAID LUMP SUMS OF THEIR BENEFITS LEAVING ONLY BENEFITS TO BE PAID TO RETIRED EMPLOYEES. JAMES GREEN $955,231 JASON MILLER $764,215 JILL WILSON $1,941,414