Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $90,936

• 1e · Government grants (contributions)

  $1,664,640

• 2a · Program service revenue: MANAGMENT FEE REVENUE

  total $5,511,543 · related or exempt $5,511,543

• 3 · Investment income

  total $7,587 · excluded $7,587

• 11a · Other revenue: OTHER

  total $154,441 · related or exempt $154,441

• 11e · Other revenue, total

  $154,441

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $708,306 · management and general $708,306

• 7 · Other salaries and wages

  total $3,137,151 · program services $474,912 · management and general $2,662,239

• 8 · Pension plan contributions

  total $54,630 · program services $13,675 · management and general $40,955

• 9 · Other employee benefits

  total $384,561 · program services $54,199 · management and general $330,362

• 10 · Payroll taxes

  total $282,232 · program services $37,217 · management and general $245,015

• 11a · Fees: management

  total $339,667 · program services $339,667

• 11b · Fees: legal

  total $24,764 · management and general $24,764

• 11c · Fees: accounting

  total $8,270 · management and general $8,270

• 11g · Fees: other

  total $749,867 · program services $252,974 · management and general $496,893

• 12 · Advertising and promotion

  total $213,750 · management and general $213,750

• 13 · Office expenses

  total $282,946 · program services $90,744 · management and general $192,202

• 16 · Occupancy

  total $22,996 · management and general $22,996

• 17 · Travel

  total $14,807 · program services $5,679 · management and general $9,128

• 19 · Conferences, conventions and meetings

  total $34,850 · program services $4,775 · management and general $30,075

• 23 · Insurance

  total $22,500 · management and general $22,500

• 24a · Other expenses: RENTAL ASSISTANCE

  total $392,237 · program services $392,237

• 24b · Other expenses: ALL OTHER EXPENSES

  total $139,887 · program services $1,565 · management and general $138,322

• 24c · Other expenses: CABLE TV

  total $27,355 · program services $27,355

• 24d · Other expenses: UTILITY ASSISTANCE

  total $25,260 · program services $25,260

• 24e · All other expenses

  total $8,447 · program services $1,371 · management and general $7,076

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $117 · end of year $101

• 2 · Savings and temporary cash investments

  beginning of year $205 · end of year $1

• 3 · Pledges and grants receivable

  end of year $504,574

• 4 · Accounts receivable

  beginning of year $757,363

• 9 · Prepaid expenses and deferred charges

  beginning of year $165,155 · end of year $254,460

• 15 · Other assets

  beginning of year $17,885,101 · end of year $20,329,415

• 17 · Accounts payable and accrued expenses

  beginning of year $195,824 · end of year $57,030

• 19 · Deferred revenue

  beginning of year $90,606 · end of year $289,340

• 25 · Other liabilities

  beginning of year $134,154 · end of year $99,029

• 27 · Net assets without donor restrictions

  beginning of year $8,270,358 · end of year $10,254,951

• 28 · Net assets with donor restrictions

  beginning of year $10,116,999 · end of year $10,388,201

The filer's explanations (Part III)

PART I, LINE 3:

THE ORGANIZATION RELIED ON A RELATED ORGANIZATION THAT USED THE FOLLOWING METHODS TO ESTABLISH EXECUTIVES AND OFFICERS' COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT CONSULTANT, EMPLOYMENT CONTRACT, COMPENSATION STUDY, APPROVAL BY BOARD.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ROCKWOOD SENIOR HOUSING LLC

  PROVIDING AFFORDABLE HOUSING TO SENIORS THROUGH A TAX-CREDIT STRUCTURE · NY

  Directly controlled by EPISCOPAL SENIORLIFE COMMUNITIES INC

Related corporations and trusts

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

• ROCKWOOD HOUSING COMPANY INC

  SOLE MANAGING MEMBER OF ROCKWOOD SENIOR HOUSING, LLC · NY

  Directly controlled by EPISCOPAL SENIORLIFE COMMUNITIES INC