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Nonprofiteer
← IDEAL SENIOR LIVING CENTER HOUSING CORPORATION

Form 990 for tax year 2023

Filed by IDEAL SENIOR LIVING CENTER HOUSING CORPORATION.

Totals

Total revenue
$3,622,091
Total expenses
$4,041,721
Contributions and grants received
$64,924
Grants paid
$0
Program service revenue
$3,449,505
Investment income
$110,528
Other revenue
-$2,866
Total assets, end of year
$7,366,836
Total liabilities, end of year
$9,099,361
Net assets or fund balances, end of year
-$1,732,525
Program services expenses (Part IX)
$3,577,365
Management and general expenses
$464,356
Fundraising expenses
$0
Program service expenses (Part III)
$3,577,365

Program services were 88.5% 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

    $64,924

  • 2a · Program service revenue: ADULT CARE/ASSISTED LI

    total $2,960,834 · related or exempt $2,960,834

  • 2b · Program service revenue: APARTMENT RENT

    total $488,671 · related or exempt $488,671

  • 3 · Investment income

    total $112,128 · excluded $112,128

  • 7a · Gross sales of assets other than inventory

    other assets $1,400

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

    other assets $3,000

  • 7c · Gain or loss

    other assets -$1,600

  • 7d · Net gain or loss

    total -$1,600 · excluded -$1,600

  • 11a · Other revenue: MORTGAGE INSURANCE

    total $12,860 · related or exempt $12,860

  • 11b · Other revenue: MISCELLANEOUS SERVICES

    total -$4,726 · related or exempt -$4,726

  • 11c · Other revenue: PENSION DEFINED BENEFI

    total -$11,000 · related or exempt -$11,000

  • 11e · Other revenue, total

    -$2,866

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $57,263 · management and general $57,263

  • 7 · Other salaries and wages

    total $1,726,128 · program services $1,726,128

  • 8 · Pension plan contributions

    total $47,257 · program services $47,257

  • 9 · Other employee benefits

    total $219,695 · program services $219,695

  • 10 · Payroll taxes

    total $168,218 · program services $168,218

  • 11a · Fees: management

    total $20,394 · management and general $20,394

  • 11c · Fees: accounting

    total $23,305 · management and general $23,305

  • 11d · Fees: lobbying

    total $195 · management and general $195

  • 11g · Fees: other

    total $248,172 · program services $87,692 · management and general $160,480

  • 13 · Office expenses

    total $4,580 · program services $788 · management and general $3,792

  • 16 · Occupancy

    total $264,855 · program services $264,855

  • 17 · Travel

    total $2,889 · program services $2,889

  • 20 · Interest

    total $212,210 · program services $202,642 · management and general $9,568

  • 22 · Depreciation, depletion and amortization

    total $313,106 · program services $313,106

  • 23 · Insurance

    total $111,017 · management and general $111,017

  • 24a · Other expenses: SERVICE CONTRACTS

    total $396,121 · program services $378,723 · management and general $17,398

  • 24b · Other expenses: OPERATING EXPENSES

    total $132,006 · program services $127,774 · management and general $4,232

  • 24c · Other expenses: INDEPENDENT MEALS

    total $49,262 · management and general $49,262

  • 24d · Other expenses: BAD DEBT

    total $32,486 · program services $32,486

  • 24e · All other expenses

    total $12,562 · program services $5,112 · management and general $7,450

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $275,046 · end of year $166,925

  • 4 · Accounts receivable

    beginning of year $73,381 · end of year $94,719

  • 7 · Other notes and loans receivable

    beginning of year $4,241,125 · end of year $2,375,980

  • 9 · Prepaid expenses and deferred charges

    beginning of year $49,636 · end of year $89,539

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

    $14,931,123

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

    $12,959,188

  • 10c · Land, buildings and equipment, net

    beginning of year $2,129,525 · end of year $1,971,935

  • 15 · Other assets

    beginning of year $2,486,652 · end of year $2,667,738

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,806,729 · end of year $525,147

  • 21 · Escrow or custodial account liability

    beginning of year $59,092 · end of year $60,548

  • 23 · Secured mortgages and notes payable

    beginning of year $5,529,389 · end of year $4,780,162

  • 25 · Other liabilities

    beginning of year $3,246,165 · end of year $3,733,504

  • 27 · Net assets without donor restrictions

    beginning of year -$2,268,923 · end of year -$2,682,741

  • 28 · Net assets with donor restrictions

    beginning of year $882,913 · end of year $950,216

Mission and programs · 2023

Mission

SEE SCHEDULE OUHS SENIOR LIVING AT IDEAL PROVIDES SECURITY AND PEACE OF MIND TO SENIORS, OUR RESIDENTS, AND THEIR FAMILIES BY OFFERING COMPASSIONATE, PERSONALIZED CARE TO PROMOTE THE HIGHEST LEVEL OF HEALTHCARE FUNCTIONING. WE DO THIS IN A FULL CONTINUUM THAT INCLUDES HOME CARE, RESIDENTIAL, AND SKILLED NURSING SERVICES.WE ARE STEWARDS TO THE COMMUNITY AT LARGE, AND FULFILL THIS COMMUNITY NEED AS A MEMBER OF UHS. AS SUCH, WE ARE EVER MINDFUL OF OUR RESPONSIBILITY TO MANAGE OUR FINANCES TO SUSTAIN OUR ORGANIZATION.

Activities or mission (Part I)

103 UNIT FACILITY TO PROVIDE HOUSING AND ASSISTED LIVING SERVICES TO THE ELDERLY.

  • SEE SCHEDULE OISLCHC PROVIDES HOUSING AND HEALTH & WELLNESS SERVICES TO THE ELDERLY RESIDENTS OF BROOME COUNTY AND SURROUNDING AREAS. ISLCHC INCLUDES 33 INDEPENDENT LIVING APARTMENTS, 35 ADULT CARE FACILITY BEDS, AND 35 ASSISTED LIVING PROGRAM BEDS. VARIOUS SERVICES SUCH AS MEALS, HOUSEKEEPING, ACTIVITIES PROGRAM AND SOCIAL TRANSPORTATION ARE PROVIDED TO ALL RESIDENTS TO ENHANCE THE QUALITY OF THEIR LIVES. ASSISTED LIVING PROGRAM RESIDENTS RECEIVE NURSING, THERAPY AND HOME HEALTH AND PERSONAL CARE SERVICES AS NEEDED. ISLCHC IS A MEMBER OF THE UNITED HEALTH SERVICES HEALTH CARE SYSTEM AND IS LOCATED ON THE SAME CAMPUS AS ITS SISTER COMPANY: IDEAL SENIOR LIVING CENTER, INC., A 150 BED SKILLED NURSING FACILITY.DURING 2023, APPROXIMATELY 30% OF INDEPENDENT APARTMENTS WERE LEASED TO LOW INCOME ELDERLY TENANTS. ADDITIONALLY, APPROXIMATELY 60% OF ALP ROOMS AND 30% OF ACF ROOMS WERE LEASED TO LOW INCOME ELDERLY RESIDENTS.

    Expenses $3,577,365 · Revenue $3,446,639

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sharon Yaple

    BOARD MEMBER/CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Lillian Levy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Kay Boland

    BOARD MEMBER/VICE CHAIR

    Total calculated
    $780,095
    From this org
    $0
    From related orgs
    $656,383
    Other
    $123,712
    Hours/week
    2 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $655,970 related
    Bonus
    $0
    Other
    $0 + $413 related
    Deferred
    $0 + $106,650 related
    Nontaxable benefits
    $0 + $17,062 related
    Filer's total
    $0 + $780,095 related

  • John Carrigg

    BOARD MEMBER

    Total calculated
    $806,114
    From this org
    $0
    From related orgs
    $702,511
    Other
    $103,603
    Hours/week
    2 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $702,511 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $71,251 related
    Nontaxable benefits
    $0 + $32,352 related
    Filer's total
    $0 + $806,114 related

  • Larry Wiesner Do

    BOARD MEMBER

    Total calculated
    $1,211,802
    From this org
    $0
    From related orgs
    $1,168,288
    Other
    $43,514
    Hours/week
    2 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,168,288 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $43,514 related
    Filer's total
    $0 + $1,211,802 related

  • Christopher Roma

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Gail Thalacker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Peggy Thomas

    BOARD MEMBER

    Total calculated
    $347,941
    From this org
    $0
    From related orgs
    $314,633
    Other
    $33,308
    Hours/week
    2 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $314,633 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $33,308 related
    Filer's total
    $0 + $347,941 related

  • Marilyn Barbieri

    DIRECTOR OF FINANCE

    Total calculated
    $131,407
    From this org
    $33,296
    From related orgs
    $77,690
    Other
    $20,421
    Hours/week
    14 + 41 related

  • James Shadduck

    ADMINISTRATOR

    Total calculated
    $178,407
    From this org
    $14,934
    From related orgs
    $134,409
    Other
    $29,064
    Hours/week
    3 + 52 related

    Schedule J breakdown matched by us

    Base
    $14,934 + $134,409 related
    Bonus
    $0
    Other
    $0
    Deferred
    $621 + $5,591 related
    Nontaxable benefits
    $2,285 + $20,567 related
    Filer's total
    $17,840 + $160,567 related

  • Michelle Karedes

    FORMER TRUSTEE

    Total calculated
    $246,451
    From this org
    $0
    From related orgs
    $198,707
    Other
    $47,744
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $198,707 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,839 related
    Nontaxable benefits
    $0 + $33,905 related
    Filer's total
    $0 + $246,451 related

  • Cory Jacobs

    FORMER EX-OFFICIO

    Total calculated
    $176,453
    From this org
    $0
    From related orgs
    $168,523
    Other
    $7,930
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $168,523 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $6,757 related
    Nontaxable benefits
    $0 + $1,173 related
    Filer's total
    $0 + $176,453 related

  • Michele Gordon

    FORMER ADMINISTRATOR

    Total calculated
    $188,847
    From this org
    $0
    From related orgs
    $164,227
    Other
    $24,620
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $164,227 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $11,437 related
    Nontaxable benefits
    $0 + $13,183 related
    Filer's total
    $0 + $188,847 related

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 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART 1, LINE 4B
PAYMENT IN 2023 FROM A NON-QUALIFIED PLAN: JOHN CARRIGG FOR $702,511 RE: SCHEDULE J, PART II, LINE 1, BIII - OTHER REPORTABLE COMPENSATION IN THE AMOUNT OF $702,511 INCLUDES A NON-QUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). EARLY SERP DISTRIBUTIONS WERE RELATED TO INCOME TAX PAYMENTS; THE REMAINING AMOUNTS ARE DEFERRED UNTIL SUBSEQUENT TRIGGERING EVENTS. PART II THE ORGANIZATION DOES NOT COMPENSATE FOR BOARD SERVICE. THE SALARIES LISTED ARE FOR SERVICES PROVIDED AS EMPLOYEES.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202433189349304588

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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