Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PATIENT SERVICE REVENU

  total $9,306,244 · related or exempt $9,306,244

• 3 · Investment income

  total $59,492 · excluded $59,492

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

  securities $10,764

• 7c · Gain or loss

  securities -$10,764

• 7d · Net gain or loss

  total -$10,764 · excluded -$10,764

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $198,163 · related or exempt $198,163

• 11e · Other revenue, total

  $198,163

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $3,903,115 · program services $3,422,950 · management and general $480,165

• 9 · Other employee benefits

  total $242,112 · program services $212,327 · management and general $29,785

• 10 · Payroll taxes

  total $297,624 · program services $261,010 · management and general $36,614

• 11a · Fees: management

  total $567,215 · management and general $567,215

• 11b · Fees: legal

  total $7,220 · management and general $7,220

• 11c · Fees: accounting

  total $27,494 · management and general $27,494

• 11g · Fees: other

  total $10,171 · management and general $10,171

• 12 · Advertising and promotion

  total $11,389 · program services $6,761 · management and general $4,628

• 13 · Office expenses

  total $153,229 · program services $90,964 · management and general $62,265

• 14 · Information technology

  total $25,808 · program services $15,321 · management and general $10,487

• 16 · Occupancy

  total $464,789 · program services $464,789

• 17 · Travel

  total $871 · program services $517 · management and general $354

• 19 · Conferences, conventions and meetings

  total $17,798 · program services $10,566 · management and general $7,232

• 20 · Interest

  total $336,123 · program services $336,123

• 22 · Depreciation, depletion and amortization

  total $646,970 · program services $646,970

• 23 · Insurance

  total $152,058 · management and general $152,058

• 24a · Other expenses: PURCHASED SERVICES

  total $702,236 · program services $416,881 · management and general $285,355

• 24b · Other expenses: FOOD EXPENSE

  total $640,177 · program services $640,177

• 24c · Other expenses: MISCELLANEOUS EXPENSE

  total $182,068 · program services $108,085 · management and general $73,983

• 24d · Other expenses: MEDICAL SUPPLIES

  total $99,371 · program services $99,371

• 24e · All other expenses

  total $92,107 · program services $56,706 · management and general $35,401

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,596,551 · end of year $1,068,324

• 2 · Savings and temporary cash investments

  beginning of year $63,247

• 4 · Accounts receivable

  beginning of year $82,454 · end of year $216,711

• 9 · Prepaid expenses and deferred charges

  beginning of year $234,982 · end of year $287,730

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

  $23,826,720

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

  $11,759,958

• 10c · Land, buildings and equipment, net

  beginning of year $12,006,261 · end of year $12,066,762

• 11 · Investments: publicly traded securities

  beginning of year $1,136,525 · end of year $1,899,145

• 15 · Other assets

  beginning of year $1,758,525 · end of year $3,589,240

• 17 · Accounts payable and accrued expenses

  beginning of year $595,401 · end of year $609,306

• 19 · Deferred revenue

  beginning of year $162,105 · end of year $54,515

• 20 · Tax-exempt bond liabilities

  beginning of year $11,273,319 · end of year $10,996,764

• 23 · Secured mortgages and notes payable

  end of year $1,500,000

• 25 · Other liabilities

  beginning of year $2,263,435 · end of year $2,556,820

• 27 · Net assets without donor restrictions

  beginning of year $2,369,197 · end of year $3,195,419

• 28 · Net assets with donor restrictions

  beginning of year $215,088 · end of year $215,088

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION'S CEO IS PAID BY A RELATED ORGANIZATION, CHELSEA JEWISH LIFECARE. CHELSEA JEWISH LIFECARE USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE CEO: -COMPENSATION COMMITTEE -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE