Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $47,612

• 2a · Program service revenue: RESIDENTIAL & HC SVCS

  total $35,962,818 · related or exempt $35,962,818

• 2b · Program service revenue: MEDICARE/MEDICAID PAYMENTSENTS

  total $1,098,506 · related or exempt $1,098,506

• 2f · All other program service revenue

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

• 3 · Investment income

  total $1,517,738 · excluded $1,517,738

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $17,834,232

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

  securities $18,236,644 · other assets $45,921

• 7c · Gain or loss

  securities -$402,412 · other assets -$45,921

• 7d · Net gain or loss

  total -$448,333 · excluded -$448,333

• 11a · Other revenue: S. SETAUKET RE TAX REIM

  total $773,854 · excluded $773,854

• 11b · Other revenue: INSURANCE REIMBURSEMENT

  total $315,765 · excluded $315,765

• 11c · Other revenue: CAFE/DINING

  total $202,352 · excluded $202,352

• 11d · All other revenue

  total $300,965 · related or exempt $0 · unrelated business $0 · excluded $300,965

• 11e · Other revenue, total

  $1,592,936

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $40,781 · program services $40,781

• 2 · Grants to domestic individuals

  total $86,124 · program services $86,124

• 5 · Compensation of officers, directors and key employees

  total $1,123,920 · program services $1,123,920

• 7 · Other salaries and wages

  total $11,941,627 · program services $9,719,303 · management and general $2,222,324

• 8 · Pension plan contributions

  total $542,905 · program services $542,905

• 9 · Other employee benefits

  total $2,235,682 · program services $2,224,339 · management and general $11,343

• 10 · Payroll taxes

  total $994,192 · program services $852,487 · management and general $141,705

• 11b · Fees: legal

  total $46,478 · management and general $46,478

• 11c · Fees: accounting

  total $113,826 · management and general $113,826

• 11d · Fees: lobbying

  total $986 · management and general $986

• 11f · Fees: investment management

  total $190,599 · management and general $190,599

• 11g · Fees: other

  total $4,727,572 · program services $4,549,665 · management and general $177,907 · fundraising $0

• 12 · Advertising and promotion

  total $169,095 · program services $169,095

• 13 · Office expenses

  total $3,635,037 · program services $3,602,102 · management and general $32,935

• 14 · Information technology

  total $447,557 · program services $75,882 · management and general $371,675

• 16 · Occupancy

  total $3,914,998 · program services $3,862,815 · management and general $52,183

• 17 · Travel

  total $60,664 · program services $60,664

• 20 · Interest

  total $2,937,348 · program services $2,907,170 · management and general $30,178

• 22 · Depreciation, depletion and amortization

  total $7,015,588 · program services $6,948,544 · management and general $67,044

• 23 · Insurance

  total $113,999 · program services $113,999

• 24a · Other expenses: REPAIRS & MAINTENANCE

  total $338,542 · program services $338,542

• 24b · Other expenses: STAFF DEVELOPMENT

  total $135,266 · program services $135,266

• 24c · Other expenses: RENTAL & LEASING

  total $84,124 · program services $84,124

• 24d · Other expenses: LICENSES & FEES

  total $83,132 · program services $11,078 · management and general $72,054

• 24e · All other expenses

  total $215,271 · program services $215,271 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,692,263 · end of year $13,971,938

• 2 · Savings and temporary cash investments

  beginning of year $7,528,989 · end of year $571,340

• 4 · Accounts receivable

  beginning of year $884,627 · end of year $909,256

• 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

• 7 · Other notes and loans receivable

  end of year $10,004

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,238,490 · end of year $1,170,605

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

  $200,368,790

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

  $83,344,675

• 10c · Land, buildings and equipment, net

  beginning of year $104,073,718 · end of year $117,024,115

• 11 · Investments: publicly traded securities

  beginning of year $80,174,319 · end of year $70,840,657

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $1,799,900 · end of year $1,973,716

• 15 · Other assets

  beginning of year $110,056 · end of year $85,827

• 17 · Accounts payable and accrued expenses

  beginning of year $8,463,954 · end of year $10,752,404

• 19 · Deferred revenue

  beginning of year $35,442,818 · end of year $36,527,026

• 20 · Tax-exempt bond liabilities

  beginning of year $101,439,962 · end of year $86,258,129

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $98,846,966 · end of year $112,777,822

• 27 · Net assets without donor restrictions

  beginning of year -$43,989,410 · end of year -$41,077,952

• 28 · Net assets with donor restrictions

  beginning of year $1,298,072 · end of year $1,320,029

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THE FOLLOWING RECEIVED CONTRIBUTION/DEFERRAL FOR THE CURRENT YEAR: ROBERT CAULFIELD - $80,250

Schedule J, Part I, Line 7 Non-fixed payments

Bonus structure for the CEO, Health Center Administrator and CFO: THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES ALL BONUSES FOR THE OFFICERS AND OTHER KEY EXECUTIVES. The key factors that determine the bonus are: Benefit to the organization of the employees, employee's performance and productivity, overall performance and productivity of the organization and the employee's administrative performance and other market conditions. BONUSES REPORTED ON SCHEDULE J REFLECT BONUSES EARNED and paid in 2023.

Disregarded entities

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

• SOUTH SETAUKET ILU LLC

  REAL ESTATE HOLDING COMPANY · NY · income $773,854 · assets $718,986

  Directly controlled by ACTIVE RETIREMENT COMMUNITY INC

Related corporations and trusts

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

• CHARITABLE REMAINDER ANNUITY TRUSTS (4)

  Trust · ANNUITY TRUST · NY

  Directly controlled by NA