Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $85,130

• 2a · Program service revenue: Rental Revenue

  total $7,658,667 · related or exempt $7,658,667

• 2b · Program service revenue: Other Operating Revenue

  total $1,092,426 · related or exempt $1,092,426

• 2f · All other program service revenue

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

• 3 · Investment income

  total $24,829 · excluded $24,829

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 10a · Gross sales of inventory

  $162,944

• 10b · Cost of goods sold

  $160,899

• 10c · Net income from sales of inventory

  total $2,045 · excluded $2,045

• 11d · All other revenue

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

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $179,226 · program services $161,303 · management and general $17,923

• 7 · Other salaries and wages

  total $1,708,580 · program services $1,522,574 · management and general $186,006

• 9 · Other employee benefits

  total $263,125 · program services $241,616 · management and general $21,509

• 10 · Payroll taxes

  total $140,320 · program services $121,441 · management and general $18,879

• 11b · Fees: legal

  total $12,263 · management and general $12,263

• 11c · Fees: accounting

  total $19,234 · management and general $19,234

• 11f · Fees: investment management

  total $24,375 · management and general $24,375

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $51,635 · management and general $51,635

• 14 · Information technology

  total $41,678 · management and general $41,678

• 16 · Occupancy

  total $1,609,274 · program services $1,609,274

• 20 · Interest

  total $1,426,125 · program services $998,287 · management and general $427,838

• 21 · Payments to affiliates

  total $382,911 · management and general $382,911

• 22 · Depreciation, depletion and amortization

  total $1,804,632 · program services $1,263,243 · management and general $541,389

• 23 · Insurance

  total $356,838 · program services $356,838

• 24a · Other expenses: Food Service

  total $471,032 · program services $471,032

• 24b · Other expenses: Tenant Service

  total $78,756 · program services $78,756

• 24e · All other expenses

  total $68,169 · program services $0 · management and general $68,169 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,733,949 · end of year $3,186,255

• 3 · Pledges and grants receivable

  beginning of year $39,559 · end of year $70,805

• 4 · Accounts receivable

  beginning of year $32,411 · end of year $38,861

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $38,204 · end of year $39,443

• 9 · Prepaid expenses and deferred charges

  beginning of year $139,577 · end of year $164,583

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

  $43,730,607

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

  $31,944,402

• 10c · Land, buildings and equipment, net

  beginning of year $12,389,391 · end of year $11,786,205

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $5,500 · end of year $5,500

• 15 · Other assets

  beginning of year $5,256,391 · end of year $3,710,570

• 17 · Accounts payable and accrued expenses

  beginning of year $631,258 · end of year $812,722

• 21 · Escrow or custodial account liability

  beginning of year $130,849 · end of year $141,163

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $54,359,002 · end of year $53,352,573

• 25 · Other liabilities

  beginning of year $192,678 · end of year $49,645

• 27 · Net assets without donor restrictions

  beginning of year -$35,790,459 · end of year -$35,576,726

• 28 · Net assets with donor restrictions

  beginning of year $111,654 · end of year $222,845

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

Hebrew Seniorlife, Inc. (HSL), the parent organization, establishes compensation of the organization's President/CEO and CFO. HSL utilizes the following in establishing such compensation: compensation committee written employment contract independent compensation consultant compensation survey or study approval by the board or compensation committee

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• CCB Cohen 112 Centre MM LLC

  N/A · Elder Housing · MA · share of income $0 · share of assets $0

  Directly controlled by NA

• HSL Fireman Operating LP

  N/A · Elder Housing · MA · share of income $0 · share of assets $0

  Directly controlled by NA

Related corporations and trusts

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

• HSL PAYROLL SERVICES INC

  C Corporation · Payroll Services · MA · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA

• HEBREW SENIORLIFE REAGE SOLUTIONS INC

  C Corporation · MGMT & CONS. SVCS · DE · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA