Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $53,578

• 1d · Related organizations

  $395,748

• 1e · Government grants (contributions)

  $1,187,339

• 1f · All other contributions, gifts and grants

  $311,164

• 2a · Program service revenue: RESIDENT SERVICES

  total $16,034,753 · related or exempt $16,034,753

• 2b · Program service revenue: ANCILLARY SERVICES

  total $91,968 · related or exempt $91,968

• 3 · Investment income

  total $109 · excluded $109

• 8a · Fundraising events: gross income

  $349,251

• 8a · Fundraising events: contributions included on line 1c

  $53,578

• 8b · Fundraising events: direct expenses

  $35,788

• 8c · Net income from fundraising events

  total $313,463 · excluded $313,463

• 11a · Other revenue: OTHER REVENUE

  total $17,083 · excluded $17,083

• 11e · Other revenue, total

  $17,083

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $400 · program services $400

• 5 · Compensation of officers, directors and key employees

  total $339,914 · management and general $220,944 · fundraising $118,970

• 7 · Other salaries and wages

  total $9,533,837 · program services $8,377,701 · management and general $1,072,277 · fundraising $83,859

• 8 · Pension plan contributions

  total $128,331 · program services $116,889 · management and general $11,442

• 9 · Other employee benefits

  total $517,548 · program services $447,097 · management and general $62,888 · fundraising $7,563

• 10 · Payroll taxes

  total $803,792 · program services $683,223 · management and general $104,493 · fundraising $16,076

• 11b · Fees: legal

  total $10,091 · management and general $10,091

• 11c · Fees: accounting

  total $60,480 · management and general $60,480

• 11g · Fees: other

  total $2,344,897 · program services $1,993,162 · management and general $304,837 · fundraising $46,898

• 12 · Advertising and promotion

  total $26,479 · program services $22,507 · management and general $3,442 · fundraising $530

• 13 · Office expenses

  total $148,376 · program services $126,120 · management and general $19,289 · fundraising $2,967

• 14 · Information technology

  total $199,137 · program services $169,266 · management and general $25,888 · fundraising $3,983

• 16 · Occupancy

  total $426,252 · program services $362,314 · management and general $55,413 · fundraising $8,525

• 17 · Travel

  total $67,962 · program services $57,768 · management and general $8,835 · fundraising $1,359

• 20 · Interest

  total $32,940 · program services $27,999 · management and general $4,282 · fundraising $659

• 22 · Depreciation, depletion and amortization

  total $930,407 · program services $790,846 · management and general $120,953 · fundraising $18,608

• 23 · Insurance

  total $320,058 · program services $272,049 · management and general $41,608 · fundraising $6,401

• 24a · Other expenses: SUPPLIES

  total $1,400,571 · program services $1,400,571

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $127,282 · program services $108,189 · management and general $16,547 · fundraising $2,546

• 24c · Other expenses: EDUCATION

  total $78,737 · program services $66,926 · management and general $10,236 · fundraising $1,575

• 24d · Other expenses: EMPLOYEE EXPENSES

  total $63,671 · program services $54,121 · management and general $8,277 · fundraising $1,273

• 24e · All other expenses

  total $146,219 · program services $124,286 · management and general $19,008 · fundraising $2,925

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $232,837 · end of year $21,230

• 2 · Savings and temporary cash investments

  beginning of year $23,360 · end of year $23,542

• 3 · Pledges and grants receivable

  beginning of year $360,976 · end of year $296,257

• 4 · Accounts receivable

  beginning of year $1,303,581 · end of year $1,439,924

• 9 · Prepaid expenses and deferred charges

  beginning of year $215,316 · end of year $220,247

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

  $30,002,582

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

  $20,007,392

• 10c · Land, buildings and equipment, net

  beginning of year $7,784,574 · end of year $9,995,190

• 15 · Other assets

  beginning of year $134,282 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $1,118,623 · end of year $1,343,094

• 19 · Deferred revenue

  beginning of year $16,865 · end of year $11,200

• 21 · Escrow or custodial account liability

  beginning of year $23,360 · end of year $23,542

• 23 · Secured mortgages and notes payable

  beginning of year $425,923 · end of year $1,721,721

• 25 · Other liabilities

  beginning of year $271,146 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $7,735,333 · end of year $8,575,823

• 28 · Net assets with donor restrictions

  beginning of year $463,676 · end of year $321,010

The filer's explanations (Part III)

PART I, LINE 7

CEO, CFO, NURSING HOME ADMINISTRATOR AND DIRECTOR OF NURSING RECEIVED BONUS AT YEAR END.

Disregarded entities

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

• SHALOM CARES WELLNESS CENTER LLC

  FITNESS AND THERAPY · CO · income $280,974 · assets $4,590,461

  Directly controlled by BETH ISRAEL FOUNDATION FOR THE AGED