Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $597,515

• 1f · All other contributions, gifts and grants

  $650

• 2a · Program service revenue: ROOM, BOARD & ENTRANCE FEES

  total $19,905,693 · related or exempt $19,905,693

• 3 · Investment income

  total $434,419 · excluded $434,419

• 6a · Gross rents

  real property $9,975

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $9,975

• 6d · Net rental income or loss

  total $9,975 · excluded $9,975

• 7a · Gross sales of assets other than inventory

  securities $164,237

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

  securities $11,609 · other assets $585,045

• 7c · Gain or loss

  securities $152,628 · other assets -$585,045

• 7d · Net gain or loss

  total -$432,417 · excluded -$432,417

• 10a · Gross sales of inventory

  $124,415

• 10b · Cost of goods sold

  $150,209

• 10c · Net income from sales of inventory

  total -$25,794 · excluded -$25,794

• 11a · Other revenue: EMPLOYEE & GUEST MEALS

  total $899,305 · excluded $899,305

• 11b · Other revenue: CHILDCARE INCOME

  total $33,900 · excluded $33,900

• 11c · Other revenue: BEAUTY AND BARBER FEES

  total $31,407 · excluded $31,407

• 11d · All other revenue

  total $47,213 · excluded $47,213

• 11e · Other revenue, total

  $1,011,825

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,675 · program services $5,675

• 7 · Other salaries and wages

  total $10,898,505 · program services $9,644,513 · management and general $1,253,992

• 8 · Pension plan contributions

  total $435,193 · program services $415,478 · management and general $19,715

• 9 · Other employee benefits

  total $1,411,987 · program services $1,213,846 · management and general $198,141

• 10 · Payroll taxes

  total $807,803 · program services $716,168 · management and general $91,635

• 11a · Fees: management

  total $1,124,371 · management and general $1,124,371

• 11b · Fees: legal

  total $55,462 · management and general $55,462

• 11c · Fees: accounting

  total $70,552 · management and general $70,552

• 11d · Fees: lobbying

  total $1,546 · management and general $1,546

• 11f · Fees: investment management

  total $74,733 · management and general $74,733

• 11g · Fees: other

  total $2,084,590 · program services $1,844,071 · management and general $240,519

• 12 · Advertising and promotion

  total $88,304 · management and general $88,304

• 13 · Office expenses

  total $685,208 · program services $532,926 · management and general $152,282

• 14 · Information technology

  total $171,715 · program services $22,840 · management and general $148,875

• 16 · Occupancy

  total $880,938 · program services $880,938

• 17 · Travel

  total $6,110 · program services $6,110

• 19 · Conferences, conventions and meetings

  total $20,337 · management and general $20,337

• 20 · Interest

  total $124,408 · program services $124,408

• 22 · Depreciation, depletion and amortization

  total $1,781,859 · program services $1,781,859

• 23 · Insurance

  total $72,012 · program services $72,012

• 24a · Other expenses: DIETARY EXPENSE

  total $1,331,221 · program services $1,331,221

• 24b · Other expenses: MEDICAL SUPPLIES

  total $382,131 · program services $382,131

• 24c · Other expenses: NURSING HOME ASSESSMENT

  total $171,162 · program services $171,162

• 24d · Other expenses: ACTIVITIES AND TRIPS

  total $112,588 · program services $112,588

• 24e · All other expenses

  total $170,817 · program services $128,959 · management and general $41,858

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $763 · end of year $763

• 2 · Savings and temporary cash investments

  beginning of year $14,728

• 4 · Accounts receivable

  beginning of year $832,929 · end of year $955,121

• 9 · Prepaid expenses and deferred charges

  beginning of year $106,335 · end of year $101,817

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

  $53,670,296

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

  $22,141,413

• 10c · Land, buildings and equipment, net

  beginning of year $26,543,578 · end of year $31,528,883

• 11 · Investments: publicly traded securities

  beginning of year $8,772,514 · end of year $9,221,750

• 15 · Other assets

  beginning of year $956,959 · end of year $823,624

• 17 · Accounts payable and accrued expenses

  beginning of year $3,271,609 · end of year $2,821,370

• 19 · Deferred revenue

  beginning of year $138,201 · end of year $0

• 20 · Tax-exempt bond liabilities

  beginning of year $6,178,743 · end of year $13,191,791

• 25 · Other liabilities

  beginning of year $930,502 · end of year $844,537

• 27 · Net assets without donor restrictions

  beginning of year $25,208,751 · end of year $25,774,260

• 28 · Net assets with donor restrictions

  beginning of year $1,500,000 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

OFFICERS AND KEY EMPLOYEES ARE PAID BY A RELATED ORGANIZATION. COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS OR STUDIES, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.