Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 3 · Investment income

  total $33,817 · excluded $33,817

• 6a · Gross rents

  real property $292,140

• 6b · Less rental expenses

  real property $416,768

• 6c · Rental income or loss

  real property -$124,628

• 6d · Net rental income or loss

  total -$124,628 · related or exempt -$124,628

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $293 · end of year $16,402

• 4 · Accounts receivable

  beginning of year $4,082 · end of year $3,630

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,606 · end of year $15,665

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

  $1,693,168

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

  $449,150

• 10c · Land, buildings and equipment, net

  beginning of year $1,283,449 · end of year $1,244,018

• 12 · Investments: other securities

  beginning of year $1,410,690 · end of year $1,574,891

• 15 · Other assets

  beginning of year $1,364,199 · end of year $1,312,938

• 17 · Accounts payable and accrued expenses

  beginning of year $208,088 · end of year $235,115

• 21 · Escrow or custodial account liability

  beginning of year $10,683 · end of year $12,491

• 23 · Secured mortgages and notes payable

  beginning of year $2,250,000 · end of year $2,250,000

• 27 · Net assets without donor restrictions

  beginning of year $1,596,548 · end of year $1,669,938

The filer's explanations (Part III)

PART I, LINE 3

UNDER THE ORGANIZATION'S BY-LAWS, THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR CONDUCTING THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT/CEO AND MAKING ITS RECOMMENDATION TO THE BOARD OF DIRECTORS REGARDING COMPENSATION & BENEFITS. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE EMPLOYMENT, DISCHARGE & COMPENSATION OF THE PRESDIENT/CEO. THE EXECUTIVE COMMITTEE IS PROVIDED WITH COMPARATIVE COMPENSATION DATA FROM THE MENTAL HEALTH CORPORATION OF AMERICA (MHCA), CONNECTICUT COMMUNITY NONPROFIT ALLIANCE & HARTFORD BUSINESS JOURNAL FOR THE PRESIDENT/CEO, MEDICAL DIRECTOR, SENIOR VICE PRESIDENT/CFO AND VICE PRESIDENT OF SERVICES. THE PRESIDENT/CEO DETERMINES THE COMPENSATION OF THE OTHER OFFICERS AND THE AMOUNTS ARE INCLUDED IN THE ORGANIZATION'S ANNUAL BUDGET. THE ANNUAL BUDGET IS REVIEWED BY THE FINANCE COMMITTEE AND ONCE APPROVED IT IS PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL.