Totals
- Total revenue
- $25,302,719
- Total expenses
- $32,051,242
- Contributions and grants received
- $1,542,887
- Grants paid
- $137,932
- Program service revenue
- $23,013,660
- Investment income
- $334,473
- Other revenue
- $411,699
- Total assets, end of year
- $84,238,939
- Total liabilities, end of year
- $96,938,604
- Net assets or fund balances, end of year
- -$12,699,665
- Program services expenses (Part IX)
- $26,343,131
- Management and general expenses
- $5,204,166
- Fundraising expenses
- $503,945
- Program service expenses (Part III)
- $26,343,131
Program services were 82.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,542,887
-
2a · Program service revenue: RESIDENT CARE REVENUE
total $23,013,660 · related or exempt $23,013,660
-
3 · Investment income
total $384,480 · excluded $384,480
-
7a · Gross sales of assets other than inventory
securities $340,872
-
7b · Less cost or other basis and sales expenses
securities $388,327 · other assets $2,552
-
7c · Gain or loss
securities -$47,455 · other assets -$2,552
-
7d · Net gain or loss
total -$50,007 · excluded -$50,007
-
11a · Other revenue: INSURANCE REIMBURSEMENT
total $352,340 · excluded $352,340
-
11b · Other revenue: WELLNESS CENTER
total $25,255 · excluded $25,255
-
11c · Other revenue: MEALS
total $16,479 · excluded $16,479
-
11d · All other revenue
total $17,625 · excluded $17,625
-
11e · Other revenue, total
$411,699
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $137,932 · program services $137,932
-
5 · Compensation of officers, directors and key employees
total $425,385 · program services $329,805 · management and general $86,428 · fundraising $9,152
-
7 · Other salaries and wages
total $9,061,523 · program services $7,025,464 · management and general $1,841,075 · fundraising $194,984
-
8 · Pension plan contributions
total $35,378 · program services $26,178 · management and general $8,514 · fundraising $686
-
9 · Other employee benefits
total $920,534 · program services $699,510 · management and general $201,020 · fundraising $20,004
-
10 · Payroll taxes
total $689,611 · program services $525,051 · management and general $149,968 · fundraising $14,592
-
11a · Fees: management
total $35,259 · program services $35,259
-
11b · Fees: legal
total $204,772 · management and general $204,772
-
11c · Fees: accounting
total $228,791 · management and general $228,791
-
11d · Fees: lobbying
total $1,800 · management and general $1,800
-
11f · Fees: investment management
total $43,298 · management and general $43,298
-
11g · Fees: other
total $5,952,770 · program services $5,319,303 · management and general $631,804 · fundraising $1,663
-
12 · Advertising and promotion
total $3,530 · program services $797 · management and general $2,733
-
13 · Office expenses
total $1,391,862 · program services $421,360 · management and general $735,274 · fundraising $235,228
-
14 · Information technology
total $431,708 · program services $48 · management and general $431,660
-
16 · Occupancy
total $1,219,244 · program services $1,057,261 · management and general $161,983
-
17 · Travel
total $84,991 · program services $82,156 · management and general $2,628 · fundraising $207
-
19 · Conferences, conventions and meetings
total $81 · management and general $81
-
20 · Interest
total $2,531,001 · program services $2,531,001
-
22 · Depreciation, depletion and amortization
total $4,551,980 · program services $4,551,980
-
23 · Insurance
total $459,710 · program services $459,710
-
24a · Other expenses: DIETARY
total $1,638,648 · program services $1,638,648
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $587,246 · program services $563,873 · management and general $23,373
-
24c · Other expenses: GRIEVANCE EXPENSE
total $382,964 · program services $382,964
-
24d · Other expenses: BAD DEBT EXPENSE
total $278,314 · management and general $278,314
-
24e · All other expenses
total $752,910 · program services $554,831 · management and general $170,650 · fundraising $27,429
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,096 · end of year $60,000
-
2 · Savings and temporary cash investments
beginning of year $1,791,255 · end of year $1,832,752
-
3 · Pledges and grants receivable
beginning of year $770,505 · end of year $318,907
-
4 · Accounts receivable
beginning of year $1,167,962 · end of year $1,384,559
-
8 · Inventories for sale or use
beginning of year $104,345 · end of year $38,379
-
9 · Prepaid expenses and deferred charges
beginning of year $540,200 · end of year $135,517
-
10a · Land, buildings and equipment: cost or other basis
$124,365,106
-
10b · Land, buildings and equipment: accumulated depreciation
$52,648,240
-
10c · Land, buildings and equipment, net
beginning of year $74,964,594 · end of year $71,716,866
-
11 · Investments: publicly traded securities
beginning of year $14,481,547 · end of year $7,846,717
-
15 · Other assets
beginning of year $1,012,685 · end of year $905,242
-
17 · Accounts payable and accrued expenses
beginning of year $3,044,538 · end of year $2,771,032
-
19 · Deferred revenue
beginning of year $49,581,866 · end of year $50,067,193
-
20 · Tax-exempt bond liabilities
beginning of year $47,332,334 · end of year $43,803,610
-
21 · Escrow or custodial account liability
beginning of year $4,292 · end of year $2,012
-
24 · Unsecured notes and loans payable
beginning of year $305,380
-
25 · Other liabilities
beginning of year $1,014,747 · end of year $294,757
-
27 · Net assets without donor restrictions
beginning of year -$10,025,675 · end of year -$15,349,445
-
28 · Net assets with donor restrictions
beginning of year $3,580,707 · end of year $2,649,780
Mission and programs · 2023
Mission
OUR MISSION IS TO NURTURE THE PHYSICAL, EMOTIONAL, SOCIAL AND SPIRITUAL WELL-BEING OF EVERY INDIVIDUAL WHOM WE ARE PRIVILEGED TO SERVE, INSPIRED BY OUR HERITAGE AS A JEWISH-SPONSORED CONTINUING-CARE RETIREMENT COMMUNITY.
Activities or mission (Part I)
HIGH QUALITY RESIDENT CARE TO SENIORS TO SUPPORT THEIR HIGHEST LEVEL OF INDEPENDENCE.
-
ACROSS THE SPECTRUM OF OUR PROGRAMS AND SERVICES, VILLAGE SHALOM IS COMMITTED TO A PHILOSOPHY OF PROVIDING CARE THAT SUPPORTS THE HIGHEST LEVEL OF INDEPENDENCE FOR AN INDIVIDUAL. MOREOVER, WE ARE COMMITTED TO PROVIDING SENIORS WITH THE HIGHEST QUALITY CARE REGARDLESS OF THEIR LEVEL OF NEED, FROM BASIC RETIREMENT LIVING TO FULL NURSING CARE, AND REGARDLESS OF THEIR ABILITY TO PAY. FOR OVER 100 YEARS, VILLAGE SHALOM HAS PROVIDED EXCEPTIONAL LONG-TERM CARE FOR SENIORS IN THE GREATER KANSAS CITY AREA. WE ARE PLEASED TO BE ABLE TO OFFER TAILORED PROGRAMS AND SERVICES TO SENIORS IN AN AWARD-WINNING INNOVATIVE ENVIRONMENT THAT PROVIDES MAXIMUM INDEPENDENCE TO OUR RESIDENTS. VILLAGE SHALOM IS, AND REMAINS, A LEADER WITHIN THE SENIOR LIVING CARE INDUSTRY. VILLAGE SHALOM COMMITS TIME AND RESOURCES AND RETAINS OUTSTANDING PROFESSIONALS DEVOTED TO DEVELOPING NEW AND INNOVATIVE SERVICES THAT ENRICH THE LIVES OF SENIORS REGARDLESS OF ECONOMIC RESOURCES. NEARLY FORTY PERCENT OF THE RESIDENTS AT VILLAGE SHALOM ARE RECIPIENTS OF MORE THAN $1.8 MILLION IN FINANCIAL ASSISTANCE. OUR FINANCIAL ASSISTANCE PROGRAM ACCOMPLISHES OUR MISSION BY ENSURING ALL RESIDENTS, EVEN THOSE WHO HAVE EXHAUSTED THEIR FINANCIAL RESOURCES, OR HAVE COME TO US WITH NO RESOURCES, ARE PROVIDED 24/7 NURSING CARE, THERAPIES, PRESCRIPTION MANAGEMENT, ENGAGING PROGRAMMING, INDIVIDUALIZED AND GROUP WELLNESS OPPORTUNITIES, CUSTOMIZED MEALS PER DIETARY RESTRICTIONS, AND A SAFE AND SECURE PLACE TO CALL HOME. THEIR DIGNITY, PRIVACY, AND LONG-TERM CARE ARE OUR PRIMARY CONCERN. NO RESIDENT HAS EVER BEEN ASKED TO LEAVE DUE TO THE INABILITY TO PAY FOR THE COST OF THEIR CARE. THIS IS UNIQUE IN SENIOR LIVING AND A POINT OF PRIDE FOR VILLAGE SHALOM.THE ORGANIZATION PROVIDES SERVICES TO RESIDENTS WHO MEET CERTAIN CRITERIA UNDER ITS BENEVOLENT CARE POLICY AT AMOUNTS LESS THAN ITS ESTABLISHED RATES. BECAUSE THE ORGANIZATION DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO QUALIFY AS BENEVOLENT CARE, THE AMOUNTS ARE NOT REPORTED AS REVENUE.
Expenses $26,343,131 · Grants $137,932 · Revenue $23,013,660
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
BOB GERSHON
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
NEAL SCHWARTZ
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
SIMON ABRAHMS
TREASURER/INTERIM CEO (AS OF 6/23)
- Total calculated
- $50,754
- From this org
- $50,754
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
RACHEL KRANTZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
ASHLEY ALPERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT BARAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALLISON BEREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
IRENE BETTINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHIRLEY HELZBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES KLEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JEREMY KRASHIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
FRANK LIPSMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMANDA PALAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROSANNE ROSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEVE RUBEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TRACY SHAFTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEN SIGMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVID SPIZMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEWART STEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TODD STETTNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BEN WARNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MATTHEW LEWIS
PRESIDENT/CEO (UNTIL 06/30/23)
- Total calculated
- $297,606
- From this org
- $279,042
- From related orgs
- $0
- Other
- $18,564
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,707
- Bonus
- $0
- Other
- $94,335
- Deferred
- $9,235
- Nontaxable benefits
- $9,329
- Filer's total
- $297,606
-
SHARON LATIMER
CFO (UNTIL 02/24/23)
- Total calculated
- $32,454
- From this org
- $27,211
- From related orgs
- $0
- Other
- $5,243
- Hours/week
- 40
-
MARK CAMPBELL
CFO (AS OF 9/23)
- Total calculated
- $44,572
- From this org
- $43,269
- From related orgs
- $0
- Other
- $1,303
- Hours/week
- 40
-
DEBRA GILLETTE
DIRECTOR OF HR
- Total calculated
- $150,746
- From this org
- $150,746
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,746
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $150,746
-
JAMIE PAREDES
CHIEF OPERATING OFFICER
- Total calculated
- $165,263
- From this org
- $144,279
- From related orgs
- $0
- Other
- $20,984
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,279
- Bonus
- $0
- Other
- $0
- Deferred
- $7,214
- Nontaxable benefits
- $13,770
- Filer's total
- $165,263
-
LYNETTE PLAISTED
MC SKILLED NURSE
- Total calculated
- $149,878
- From this org
- $134,200
- From related orgs
- $0
- Other
- $15,678
- Hours/week
- 40
-
JILL ALLIN
DIRECTOR OF SALES & MARKETING
- Total calculated
- $184,820
- From this org
- $167,551
- From related orgs
- $0
- Other
- $17,269
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,311
- Bonus
- $42,240
- Other
- $0
- Deferred
- $6,686
- Nontaxable benefits
- $10,583
- Filer's total
- $184,820
-
NIKOL TERRILL
DIRECTOR OF PHILANTHROPY
- Total calculated
- $108,862
- From this org
- $103,544
- From related orgs
- $0
- Other
- $5,318
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 7 · Other non-fixed payments
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4A
- MATTHEW LEWIS RECEIVED A SEVERANCE OF $94,335.
- PART I, LINE 7
- BONUSES ARE BASED ON A NUMBER OF FACTORS INCLUDING EXCEPTIONAL PERFORMANCE, OPERATIONAL AND ORGANIZATION-BASED GOALS, AND KEY INITIATIVES. BONUSES ARE TIED TO KEY ANNUAL STRATEGIC GOALS THAT SUPPORT THE MISSION, THE ACHIEVEMENT OF THE ORGANIZATION'S MISSION, AND THE ANNUAL REVIEW PROCESS. SALARIES OF COMPARABLE POSITIONS AT ORGANIZATIONS OF SIMILAR SIZES AND MISSION ARE EVALUATED AS PART OF THE PROCESS AS WELL. THE BOARD HAS SOLE DISCRETION TO REDUCE OR REVOKE THE BONUS AMOUNT.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432559349300403
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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