Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $175,069

• 1d · Related organizations

  $625,309

• 1f · All other contributions, gifts and grants

  $456,432

• 2a · Program service revenue: SKILLED NURSING SERVICES

  total $23,761,655 · related or exempt $23,761,655

• 2b · Program service revenue: MANAGEMENT FEES

  total $326,289 · related or exempt $326,289

• 2c · Program service revenue: HOME HEALTH SERVICES

  total $256,282 · related or exempt $256,282

• 2d · Program service revenue: OTHER PATIENT REVENUE

  total $193,606 · related or exempt $193,606

• 3 · Investment income

  total $420,374 · excluded $420,374

• 7a · Gross sales of assets other than inventory

  securities $181,461

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

  securities $0

• 7c · Gain or loss

  securities $181,461

• 7d · Net gain or loss

  total $181,461 · excluded $181,461

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $13,694,994 · program services $12,604,932 · management and general $1,044,804 · fundraising $45,258

• 8 · Pension plan contributions

  total $154,427 · program services $142,136 · management and general $11,781 · fundraising $510

• 9 · Other employee benefits

  total $1,156,464 · program services $1,064,414 · management and general $88,228 · fundraising $3,822

• 10 · Payroll taxes

  total $1,016,887 · program services $935,947 · management and general $77,579 · fundraising $3,361

• 11a · Fees: management

  total $1,183,889 · program services $705,389 · management and general $328,294 · fundraising $150,206

• 11c · Fees: accounting

  total $97,759 · management and general $97,759

• 11f · Fees: investment management

  total $33,256 · management and general $33,256

• 11g · Fees: other

  total $4,886,579 · program services $4,383,030 · management and general $494,418 · fundraising $9,131

• 12 · Advertising and promotion

  total $277,505 · management and general $270,434 · fundraising $7,071

• 13 · Office expenses

  total $126,364 · program services $29,198 · management and general $96,282 · fundraising $884

• 16 · Occupancy

  total $829,612 · program services $763,246 · management and general $66,366

• 17 · Travel

  total $37,172 · program services $1,807 · management and general $34,577 · fundraising $788

• 19 · Conferences, conventions and meetings

  total $448 · management and general $448

• 20 · Interest

  total $247,198 · program services $239,082 · management and general $8,116

• 22 · Depreciation, depletion and amortization

  total $1,044,241 · program services $1,009,956 · management and general $34,285

• 23 · Insurance

  total $523,760 · program services $506,564 · management and general $17,196

• 24a · Other expenses: SUPPLIES AND EQUIPMENT

  total $3,112,325 · program services $3,057,316 · management and general $47,736 · fundraising $7,273

• 24b · Other expenses: QUALITY ASSESSMENT FEE

  total $1,204,509 · program services $1,204,509

• 24c · Other expenses: EMPLOYEE EXPENSES

  total $37,930 · program services $3,004 · management and general $34,926

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $488,423 · end of year $404,547

• 4 · Accounts receivable

  beginning of year $4,891,213 · end of year $4,371,278

• 9 · Prepaid expenses and deferred charges

  beginning of year $269,514 · end of year $354,168

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

  $26,255,196

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

  $16,669,225

• 10c · Land, buildings and equipment, net

  beginning of year $10,034,915 · end of year $9,585,971

• 12 · Investments: other securities

  beginning of year $5,978,314 · end of year $5,094,668

• 13 · Investments: program-related

  beginning of year $53,999 · end of year $53,999

• 15 · Other assets

  beginning of year $2,833,183 · end of year $99,183

• 17 · Accounts payable and accrued expenses

  beginning of year $3,577,315 · end of year $4,238,098

• 19 · Deferred revenue

  beginning of year $230,093 · end of year $273,819

• 20 · Tax-exempt bond liabilities

  beginning of year $4,369,617 · end of year $3,898,572

• 21 · Escrow or custodial account liability

  beginning of year $7,492 · end of year $7,546

• 25 · Other liabilities

  beginning of year $616,569 · end of year $1,478,338

• 27 · Net assets without donor restrictions

  beginning of year $12,870,415 · end of year $9,915,780

• 28 · Net assets with donor restrictions

  beginning of year $2,878,060 · end of year $151,661

The filer's explanations (Part III)

PART I, LINE 3

RIVER GARDEN HEBREW HOME FOR THE AGED, INC'S OFFICERS ARE EMPLOYED BY RIVER GARDEN HOLDING COMPANY, INC. ("HOLDING COMPANY"), A RELATED 501(C)(3) ORGANIZATION. HOLDING COMPANY USES THE FOLLOWING TO ESTABLISH COMPENSATION FOR RIVER GARDEN HEBREW HOME FOR THE AGED, INC'S CHIEF EXECUTIVE OFFICER: - COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.