Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $3,810,323

• 1f · All other contributions, gifts and grants

  $87,028

• 1g · Noncash contributions included above

  $122

• 2a · Program service revenue: INTERMEDIATE CARE

  total $18,380,115 · related or exempt $18,380,115

• 2b · Program service revenue: SKILLED NURSING

  total $6,908,716 · related or exempt $6,908,716

• 2c · Program service revenue: OTHER REVENUE

  total $67,046 · related or exempt $67,046

• 3 · Investment income

  total $208,156 · excluded $208,156

• 7a · Gross sales of assets other than inventory

  securities $296,654

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

  securities $268,415 · other assets $1,212

• 7c · Gain or loss

  securities $28,239 · other assets -$1,212

• 7d · Net gain or loss

  total $27,027 · excluded $27,027

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $259,444 · program services $233,419 · management and general $26,025

• 7 · Other salaries and wages

  total $9,211,847 · program services $9,152,418 · management and general $59,429

• 8 · Pension plan contributions

  total $109,168 · program services $108,428 · management and general $740

• 9 · Other employee benefits

  total $2,252,972 · program services $2,176,463 · management and general $76,509

• 10 · Payroll taxes

  total $751,241 · program services $738,989 · management and general $12,252

• 11a · Fees: management

  total $207,173 · management and general $207,173

• 11b · Fees: legal

  total $77,724 · management and general $77,724

• 11c · Fees: accounting

  total $1,043,345 · management and general $1,043,345

• 11f · Fees: investment management

  total $9,281 · management and general $9,281

• 11g · Fees: other

  total $6,920,203 · program services $6,447,829 · management and general $472,374

• 12 · Advertising and promotion

  total $79,083 · management and general $79,083

• 13 · Office expenses

  total $128,940 · program services $120,094 · management and general $8,846

• 14 · Information technology

  total $408,276 · program services $306,207 · management and general $102,069

• 16 · Occupancy

  total $650,719 · program services $623,172 · management and general $27,547

• 17 · Travel

  total $783 · program services $180 · management and general $603

• 20 · Interest

  total $534 · management and general $534

• 21 · Payments to affiliates

  total $100 · management and general $100

• 22 · Depreciation, depletion and amortization

  total $811,081 · program services $811,081

• 23 · Insurance

  total $85,715 · program services $68,572 · management and general $17,143

• 24a · Other expenses: LTCF ASSESSMENT

  total $1,531,444 · program services $1,531,444

• 24b · Other expenses: FOOD COSTS

  total $532,369 · program services $532,369

• 24c · Other expenses: MEDICAL SUPPLIES

  total $495,699 · program services $495,699

• 24d · Other expenses: PHARMACY

  total $412,677 · program services $412,677

• 24e · All other expenses

  total $1,024,241 · program services $567,372 · management and general $6,694 · fundraising $450,175

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,918,229 · end of year $2,926,494

• 2 · Savings and temporary cash investments

  end of year $652,016

• 4 · Accounts receivable

  beginning of year $2,238,283 · end of year $2,616,645

• 7 · Other notes and loans receivable

  beginning of year $120,632 · end of year $193,943

• 9 · Prepaid expenses and deferred charges

  beginning of year $206,912 · end of year $310,454

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

  $22,857,684

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

  $16,501,648

• 10c · Land, buildings and equipment, net

  beginning of year $6,850,707 · end of year $6,356,036

• 11 · Investments: publicly traded securities

  beginning of year $1,947,175 · end of year $3,167,122

• 15 · Other assets

  beginning of year $5,164,932 · end of year $5,837,406

• 17 · Accounts payable and accrued expenses

  beginning of year $1,957,047 · end of year $2,364,710

• 24 · Unsecured notes and loans payable

  beginning of year $2,000,000 · end of year $2,000,000

• 27 · Net assets without donor restrictions

  beginning of year $17,736,540 · end of year $17,625,178

• 28 · Net assets with donor restrictions

  beginning of year $753,283 · end of year $70,228

The filer's explanations (Part III)

FORM 990 PART VII AND SCHEDULE J

THE SISTERS OF ST. MARY OF OREGON RECEIVE COMPENSATION ON BEHALF OF SR. ADELE MARIE ALTENHOFEN FROM SSMO MINISTRIES, A RELATED ORGANIZATION.