Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $563,285

• 2a · Program service revenue: BETHANY VILLAGE RESIDENT FEES

  total $38,844,856 · related or exempt $38,844,856

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

  total $13,725,945 · related or exempt $13,725,945

• 2c · Program service revenue: RELATED ENTITY MGMT SERVICES

  total $3,166,676 · related or exempt $3,166,676

• 3 · Investment income

  total $1,001,643 · excluded $1,001,643

• 6a · Gross rents

  real property $90,593

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $90,593

• 6d · Net rental income or loss

  total $90,593 · excluded $90,593

• 7a · Gross sales of assets other than inventory

  securities $13,758,400 · other assets $28,000

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

  securities $13,868,772 · other assets $0

• 7c · Gain or loss

  securities -$110,372 · other assets $28,000

• 7d · Net gain or loss

  total -$82,372 · excluded -$82,372

• 10a · Gross sales of inventory

  $6,924

• 10b · Cost of goods sold

  $9,446

• 10c · Net income from sales of inventory

  total -$2,522 · excluded -$2,522

• 11a · Other revenue: BOOKKEEPING FEES

  total $6,528 · unrelated business $6,528

• 11d · All other revenue

  total $3,484 · excluded $3,484

• 11e · Other revenue, total

  $10,012

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,179,054 · management and general $1,179,054

• 7 · Other salaries and wages

  total $24,262,052 · program services $21,528,090 · management and general $2,589,350 · fundraising $144,612

• 8 · Pension plan contributions

  total $384,252 · program services $305,369 · management and general $74,921 · fundraising $3,962

• 9 · Other employee benefits

  total $3,597,585 · program services $3,113,526 · management and general $466,936 · fundraising $17,123

• 10 · Payroll taxes

  total $2,053,177 · program services $1,781,824 · management and general $260,851 · fundraising $10,502

• 11b · Fees: legal

  total $87,308 · program services $10,904 · management and general $76,404

• 11c · Fees: accounting

  total $84,305 · management and general $84,305

• 11f · Fees: investment management

  total $60,000 · management and general $60,000

• 12 · Advertising and promotion

  total $210,113 · program services $184,483 · management and general $25,430 · fundraising $200

• 13 · Office expenses

  total $98,989 · program services $40,113 · management and general $47,588 · fundraising $11,288

• 16 · Occupancy

  total $4,345,914 · program services $4,322,693 · management and general $23,221

• 17 · Travel

  total $191,035 · program services $184,449 · management and general $6,229 · fundraising $357

• 19 · Conferences, conventions and meetings

  total $16,197 · program services $7,640 · management and general $8,557

• 20 · Interest

  total $4,005,311 · program services $4,005,311

• 22 · Depreciation, depletion and amortization

  total $8,006,563 · program services $7,660,129 · management and general $346,434

• 23 · Insurance

  total $545,643 · program services $501,752 · management and general $43,891

• 24a · Other expenses: PURCHASED SERVICES

  total $2,711,110 · program services $2,453,663 · management and general $237,002 · fundraising $20,445

• 24b · Other expenses: REPAIR & MAINTENANCE

  total $1,845,424 · program services $1,189,672 · management and general $649,250 · fundraising $6,502

• 24c · Other expenses: FOOD

  total $1,671,565 · program services $1,663,493 · management and general $8,072

• 24d · Other expenses: SUPPLIES

  total $1,152,126 · program services $1,129,976 · management and general $16,950 · fundraising $5,200

• 24e · All other expenses

  total $2,758,087 · program services $1,408,462 · management and general $1,343,934 · fundraising $5,691

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,450,589 · end of year $4,723,994

• 4 · Accounts receivable

  beginning of year $4,315,039 · end of year $5,279,648

• 8 · Inventories for sale or use

  beginning of year $168,198 · end of year $198,310

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,940,656 · end of year $1,917,110

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

  $191,610,220

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

  $103,225,165

• 10c · Land, buildings and equipment, net

  beginning of year $89,894,268 · end of year $88,385,055

• 11 · Investments: publicly traded securities

  beginning of year $44,572,186 · end of year $29,869,390

• 15 · Other assets

  beginning of year $3,206,580 · end of year $10,667,420

• 17 · Accounts payable and accrued expenses

  beginning of year $5,709,393 · end of year $7,170,080

• 19 · Deferred revenue

  beginning of year $29,150,293 · end of year $30,292,733

• 20 · Tax-exempt bond liabilities

  beginning of year $81,848,189 · end of year $80,446,378

• 21 · Escrow or custodial account liability

  beginning of year $42,915 · end of year $53,260

• 27 · Net assets without donor restrictions

  beginning of year $31,440,705 · end of year $22,798,940

• 28 · Net assets with donor restrictions

  beginning of year $356,021 · end of year $279,536

The filer's explanations (Part III)

PART I, LINE 4B

NON-QUALIFIED DEFERRED COMPENSATION PLAN, SECTION 457(B): JUDY A. BUDI, EMPLOYEE CONTRIBUTION - $2,972, EMPLOYER CONTRIBUTION - $2,972

Disregarded entities

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

• GW REAL PROPERTY LLC

  TO HOLD REAL ESTATE · OH · income $3,484 · assets $244,114

  Directly controlled by GRACEWORKS LUTHERAN SERVICES