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Nonprofiteer
← THE GERRY HOMES

Form 990 for tax year 2024

Filed by THE GERRY HOMES.

Totals

Total revenue
$33,660,320
Total expenses
$33,626,962
Contributions and grants received
$3,436,468
Grants paid
$0
Program service revenue
$29,388,223
Investment income
-$7,928
Other revenue
$843,557
Total assets, end of year
$75,988,238
Total liabilities, end of year
$37,959,147
Net assets or fund balances, end of year
$38,029,091
Program services expenses (Part IX)
$25,614,159
Management and general expenses
$8,012,803
Fundraising expenses
$0
Program service expenses (Part III)
$25,614,159

Program services were 76.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $1,500,000

  • 1f · All other contributions, gifts and grants

    $1,936,468

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: NET RESIDENT SERVICE REVENUE

    total $29,252,759 · related or exempt $29,252,759 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: ENTRANCE FEE AMORTIZATION

    total $135,464 · related or exempt $135,464 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $732 · related or exempt $0 · unrelated business $0 · excluded $732

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

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

  • 5 · Royalties

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

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

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

    securities $0 · other assets $8,660

  • 7c · Gain or loss

    securities $0 · other assets -$8,660

  • 7d · Net gain or loss

    total -$8,660 · related or exempt $0 · unrelated business $0 · excluded -$8,660

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11a · Other revenue: COVID RELIEF RELATED & OTHER REVENUE

    total $806,394 · related or exempt $806,394 · unrelated business $0 · excluded $0

  • 11b · Other revenue: REBATES AND REFUNDS

    total $12,598 · related or exempt $12,598 · unrelated business $0 · excluded $0

  • 11c · Other revenue: MEAL INCOME

    total $24,565 · related or exempt $24,565 · unrelated business $0 · excluded $0

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $843,557

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $14,995,400 · program services $14,704,636 · management and general $290,764

  • 8 · Pension plan contributions

    total $85,301 · program services $83,647 · management and general $1,654

  • 9 · Other employee benefits

    total $1,317,511 · program services $1,291,964 · management and general $25,547

  • 10 · Payroll taxes

    total $1,038,538 · program services $1,018,401 · management and general $20,137

  • 11a · Fees: management

    total $4,072,455 · management and general $4,072,455

  • 11b · Fees: legal

    total $4,844 · management and general $4,844

  • 13 · Office expenses

    total $89,984 · program services $1,704 · management and general $88,280

  • 16 · Occupancy

    total $810,924 · program services $617,689 · management and general $193,235

  • 17 · Travel

    total $3,843 · program services $1,957 · management and general $1,886

  • 20 · Interest

    total $3,110,327 · program services $2,369,169 · management and general $741,158

  • 22 · Depreciation, depletion and amortization

    total $1,561,997 · program services $1,189,790 · management and general $372,207

  • 23 · Insurance

    total $1,119,905 · program services $993,358 · management and general $126,547

  • 24a · Other expenses: PURCHASED AND CONTRACTED SERVICES

    total $1,145,468 · program services $738,834 · management and general $406,634 · fundraising $0

  • 24b · Other expenses: SUPPLIES

    total $2,616,257 · program services $2,601,535 · management and general $14,722 · fundraising $0

  • 24c · Other expenses: RECRUITING, DUES

    total $47,944 · program services $0 · management and general $47,944 · fundraising $0

  • 24d · Other expenses: BAD DEBTS, CASH RECEIPTS ASSESSMENT AND OTHER

    total $1,606,264 · program services $1,475 · management and general $1,604,789 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,511,722 · end of year $164,520

  • 4 · Accounts receivable

    beginning of year $2,383,400 · end of year $1,721,839

  • 9 · Prepaid expenses and deferred charges

    beginning of year $643,224 · end of year $521,918

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

    $64,393,542

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

    $42,530,234

  • 10c · Land, buildings and equipment, net

    beginning of year $23,345,379 · end of year $21,863,308

  • 12 · Investments: other securities

    beginning of year $39,708,511 · end of year $38,601,813

  • 15 · Other assets

    beginning of year $9,172,910 · end of year $13,114,840

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,185,939 · end of year $8,719,604

  • 19 · Deferred revenue

    beginning of year $489,173 · end of year $353,709

  • 23 · Secured mortgages and notes payable

    beginning of year $21,998,755 · end of year $20,909,456

  • 25 · Other liabilities

    beginning of year $8,988,858 · end of year $7,976,378

  • 27 · Net assets without donor restrictions

    beginning of year -$608,569 · end of year -$574,508

  • 28 · Net assets with donor restrictions

    beginning of year $39,710,990 · end of year $38,603,599

Mission and programs · 2024

Mission

TO SERVE OTHERS THROUGH CHRIST-CENTERED MINISTRIES WHICH PROMOTE HOPE, DIGNITY AND PURPOSEFUL LIVING.

  • ESTABLISH, MAINTAIN AND OPERATE TWO NURSING HOMES FOR THE ELDERLY WHICH INCLUDES FULL TIME MEDICAL CARE AND SUPERVISION.

    Expenses $19,718,443 · Revenue $19,718,443

  • ESTABLISH, MAINTAIN AND OPERATE TWO RETIREMENT CAMPUS AND TWO ASSISTED LIVING COMMUNITIES.

    Expenses $5,895,716 · Revenue $4,437,236

As filed on the 2024 return.

Listed in Part VII

  • Lisa Haglund

    President & CEO

    Total calculated
    $360,404
    From this org
    $0
    From related orgs
    $337,676
    Other
    $22,728
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $308,513 related
    Bonus
    $0 + $7,657 related
    Other
    $0 + $21,506 related
    Deferred
    $0 + $3,503 related
    Nontaxable benefits
    $0 + $19,225 related
    Filer's total
    $0 + $360,404 related

  • Mark Wilcox

    Chief Information Officer

    Total calculated
    $218,710
    From this org
    $0
    From related orgs
    $196,526
    Other
    $22,184
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $182,500 related
    Bonus
    $0 + $7,583 related
    Other
    $0 + $6,444 related
    Deferred
    $0 + $2,959 related
    Nontaxable benefits
    $0 + $19,225 related
    Filer's total
    $0 + $218,711 related

  • Lisa Ressman

    Chief Financial Officer

    Total calculated
    $213,913
    From this org
    $0
    From related orgs
    $200,294
    Other
    $13,619
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $196,294 related
    Bonus
    $0
    Other
    $0 + $4,000 related
    Deferred
    $0 + $2,746 related
    Nontaxable benefits
    $0 + $10,873 related
    Filer's total
    $0 + $213,913 related

  • Danielle Bozich

    Chief Human Resources Officer

    Total calculated
    $208,062
    From this org
    $0
    From related orgs
    $190,268
    Other
    $17,794
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $190,008 related
    Bonus
    $0 + $20 related
    Other
    $0 + $240 related
    Deferred
    $0 + $2,865 related
    Nontaxable benefits
    $0 + $14,929 related
    Filer's total
    $0 + $208,062 related

  • Samuel Hill

    Chief of Mission Advancement

    Total calculated
    $206,878
    From this org
    $0
    From related orgs
    $184,880
    Other
    $21,998
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $180,000 related
    Bonus
    $0 + $4,520 related
    Other
    $0 + $360 related
    Deferred
    $0 + $2,773 related
    Nontaxable benefits
    $0 + $19,225 related
    Filer's total
    $0 + $206,878 related

  • Robin DiGregorio

    Regional Nursing Home Administrator

    Total calculated
    $175,358
    From this org
    $0
    From related orgs
    $160,278
    Other
    $15,080
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $142,862 related
    Bonus
    $0 + $17,020 related
    Other
    $0 + $396 related
    Deferred
    $0 + $2,306 related
    Nontaxable benefits
    $0 + $12,774 related
    Filer's total
    $0 + $175,358 related

  • Richard Whitver

    Managing Pharmacist

    Total calculated
    $162,795
    From this org
    $0
    From related orgs
    $160,634
    Other
    $2,161
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $158,756 related
    Bonus
    $0 + $1,620 related
    Other
    $0 + $258 related
    Deferred
    $0 + $2,047 related
    Nontaxable benefits
    $0 + $114 related
    Filer's total
    $0 + $162,795 related

  • Matthew Boswell

    Director of Regulatory and Budget

    Total calculated
    $157,058
    From this org
    $0
    From related orgs
    $147,109
    Other
    $9,949
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $146,406 related
    Bonus
    $0 + $520 related
    Other
    $0 + $183 related
    Deferred
    $0 + $2,217 related
    Nontaxable benefits
    $0 + $7,732 related
    Filer's total
    $0 + $157,058 related

  • Kerstin Wyman

    Director of Sales and Business Development

    Total calculated
    $144,859
    From this org
    $0
    From related orgs
    $135,203
    Other
    $9,656
    Hours/week
    1 + 39 related

  • Tracy Nelson

    Vice President of Human Resources

    Total calculated
    $133,584
    From this org
    $0
    From related orgs
    $130,670
    Other
    $2,914
    Hours/week
    1 + 39 related

  • Walter Fleming

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Susan Wilston

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Honna Curtis

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Susanne Mohnkern

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Brent Richardson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Joanne Smikle

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Peter Schmitt

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Judy Rich

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Peter Stark

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Mary Ann Spanos

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Gregory Fernandez

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Pamela Noll

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4
LISA RESSMAN - SEVERANCE PAYMENT TOTAL $3,654.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.0
Source object
202503219349323000

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