Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $2,500

• 2a · Program service revenue: RENTAL INCOME

  total $470,949 · related or exempt $470,949

• 2b · Program service revenue: DIETARY INCOME

  total $856 · related or exempt $856

• 3 · Investment income

  total $551 · excluded $551

• 7a · Gross sales of assets other than inventory

  other assets $193,514

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

  other assets $9,775

• 7c · Gain or loss

  other assets $183,739

• 7d · Net gain or loss

  total $183,739 · excluded $183,739

• 11a · Other revenue: OTHER TENANT CHARGES

  total $17,212 · related or exempt $17,212

• 11b · Other revenue: LAUNDRY INCOME

  total $3,663 · related or exempt $3,663

• 11e · Other revenue, total

  $20,875

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $47,664 · program services $47,664

• 7 · Other salaries and wages

  total $142,353 · program services $142,353

• 10 · Payroll taxes

  total $14,304 · program services $14,304

• 11a · Fees: management

  total $43,623 · management and general $43,623

• 11b · Fees: legal

  total $1,438 · management and general $1,438

• 11c · Fees: accounting

  total $16,836 · management and general $16,836

• 11g · Fees: other

  total $5,257 · program services $5,257

• 13 · Office expenses

  total $4,200 · management and general $4,200

• 16 · Occupancy

  total $114,252 · program services $114,252

• 22 · Depreciation, depletion and amortization

  total $104,337 · program services $104,337

• 24a · Other expenses: REPAIRS AND MAINTENANCE

  total $29,757 · program services $29,757

• 24b · Other expenses: MISC. EXPENSES

  total $17,932 · program services $17,932

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $144,032 · end of year $7,590

• 2 · Savings and temporary cash investments

  beginning of year $173,599 · end of year $198,106

• 9 · Prepaid expenses and deferred charges

  beginning of year $30 · end of year $5,192

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

  $4,161,819

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

  $2,424,426

• 10c · Land, buildings and equipment, net

  beginning of year $1,838,453 · end of year $1,737,393

• 15 · Other assets

  beginning of year $29,414 · end of year $30,898

• 17 · Accounts payable and accrued expenses

  beginning of year $14,868 · end of year $14,327

• 19 · Deferred revenue

  beginning of year $13,167 · end of year $1,737

• 21 · Escrow or custodial account liability

  beginning of year $38,239 · end of year $47,816

• 23 · Secured mortgages and notes payable

  beginning of year $1,245,022 · end of year $1,240,078

• 25 · Other liabilities

  beginning of year $336,528 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $537,704 · end of year $675,221

The filer's explanations (Part III)

PART I, LINE 7

INDIVIDUALS RECEIVED PERFORMANCE BONUS, WHICH WAS APPROVED BY THE BOARD OF DIRECTORS.

Related corporations and trusts

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

• CEDAR LANE SENIOR LIVING COMMUNITY LLC

  C · RENTAL HOUSING · MD