Form 990 for tax year 2023

2a · Program service revenue: RESIDENTIAL SERVICES

total $43,108,726 · related or exempt $43,108,726

2b · Program service revenue: AMORTIZATION OF DEFERRED ENTRANCE

total $5,665,844 · related or exempt $5,665,844

3 · Investment income

total $827,457 · excluded $827,457

7a · Gross sales of assets other than inventory

securities $6,301,716

7b · Less cost or other basis and sales expenses

securities $5,366,622 · other assets $66,990

7c · Gain or loss

securities $935,094 · other assets -$66,990

7d · Net gain or loss

total $868,104 · related or exempt -$66,990 · excluded $935,094

11a · Other revenue: OTHER INCOME

total $11,000 · related or exempt $11,000

11e · Other revenue, total

$11,000

7 · Other salaries and wages

total $17,377,460 · program services $13,534,136 · management and general $3,843,324

9 · Other employee benefits

total $2,799,736 · program services $2,180,526 · management and general $619,210

11a · Fees: management

total $5,536,505 · program services $3,388,018 · management and general $2,148,487

20 · Interest

total $8,615,898 · program services $7,567,970 · management and general $1,047,928

22 · Depreciation, depletion and amortization

total $10,196,154 · program services $8,956,024 · management and general $1,240,130

23 · Insurance

total $1,545,894 · program services $1,357,871 · management and general $188,023

24a · Other expenses: MEALS, SUPPLIES, AND OT

total $4,062,582 · program services $4,062,582

24b · Other expenses: UTILITIES

total $2,619,656 · program services $2,301,035 · management and general $318,621

24c · Other expenses: MAINTENANCE AND REPAIR

total $1,896,419 · program services $1,665,763 · management and general $230,656

24d · Other expenses: PROPERTY TAXES

total $1,840,982 · program services $1,617,068 · management and general $223,914

24e · All other expenses

total $2,318,777 · program services $1,610,193 · management and general $708,584

1 · Cash, non-interest-bearing

beginning of year $8,204,576 · end of year $4,726,696

2 · Savings and temporary cash investments

beginning of year $9,006,674 · end of year $11,659,971

4 · Accounts receivable

beginning of year $2,286,789 · end of year $2,403,898

9 · Prepaid expenses and deferred charges

beginning of year $2,229,517 · end of year $1,450,513

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

$337,733,898

10b · Land, buildings and equipment: accumulated depreciation

$55,397,162

10c · Land, buildings and equipment, net

beginning of year $287,402,273 · end of year $282,336,736

12 · Investments: other securities

beginning of year $19,644,160 · end of year $20,945,608

15 · Other assets

beginning of year $16,316,714 · end of year $18,877,233

17 · Accounts payable and accrued expenses

beginning of year $5,592,390 · end of year $5,877,053

19 · Deferred revenue

beginning of year $30,312,048 · end of year $29,838,719

20 · Tax-exempt bond liabilities

beginning of year $172,899,364 · end of year $174,006,766

25 · Other liabilities

beginning of year $227,672,516 · end of year $231,751,564

27 · Net assets without donor restrictions

beginning of year -$91,385,615 · end of year -$99,073,447