Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $37,000

• 1e · Government grants (contributions)

  $786

• 1f · All other contributions, gifts and grants

  $194,037

• 2a · Program service revenue: RESIDENT SERVICES

  total $29,077,233 · related or exempt $29,077,233

• 3 · Investment income

  total $1,008,179 · excluded $1,008,179

• 11a · Other revenue: CONCESSIONS

  total $38,111 · excluded $38,111

• 11b · Other revenue: CREDIT CARD FEE

  total $22,322 · excluded $22,322

• 11c · Other revenue: REFUNDS & OTHER INCOME

  total $16,664 · excluded $16,664

• 11e · Other revenue, total

  $77,097

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $816,197 · program services $816,197

• 7 · Other salaries and wages

  total $10,204,866 · program services $10,000,769 · management and general $204,097

• 8 · Pension plan contributions

  total $77,023 · program services $75,483 · management and general $1,540

• 9 · Other employee benefits

  total $1,134,528 · program services $1,111,837 · management and general $22,691

• 10 · Payroll taxes

  total $773,025 · program services $757,565 · management and general $15,460

• 11a · Fees: management

  total $1,250,436 · management and general $1,250,436

• 11c · Fees: accounting

  total $8,022 · management and general $8,022

• 11g · Fees: other

  total $4,244,513 · program services $4,159,623 · management and general $84,890

• 12 · Advertising and promotion

  total $702,766 · program services $702,766

• 13 · Office expenses

  total $119,093 · program services $22,143 · management and general $96,950

• 14 · Information technology

  total $55,867 · program services $9,584 · management and general $46,283

• 16 · Occupancy

  total $2,416,591 · program services $2,371,238 · management and general $45,353

• 17 · Travel

  total $37,003 · program services $30,921 · management and general $6,082

• 19 · Conferences, conventions and meetings

  total $2,320 · management and general $2,320

• 20 · Interest

  total $9,882,371 · program services $9,882,371

• 22 · Depreciation, depletion and amortization

  total $5,592,825 · program services $5,592,825

• 23 · Insurance

  total $364,001 · program services $344,384 · management and general $19,617

• 24a · Other expenses: FOOD COST

  total $1,936,132 · program services $1,915,917 · management and general $20,215

• 24b · Other expenses: MEDICAL COST

  total $848,001 · program services $848,001

• 24c · Other expenses: RESIDENT ACTIVITIES

  total $820,448 · program services $820,448

• 24d · Other expenses: SUPPLIES

  total $110,054 · program services $110,054

• 24e · All other expenses

  total $96,771 · program services $37,690 · management and general $59,081

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,681,034 · end of year $2,276,915

• 2 · Savings and temporary cash investments

  beginning of year $8,024,971 · end of year $5,102,474

• 4 · Accounts receivable

  beginning of year $847,975 · end of year $966,710

• 8 · Inventories for sale or use

  beginning of year $35,764 · end of year $47,854

• 9 · Prepaid expenses and deferred charges

  beginning of year $81,133 · end of year $105,740

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

  $197,772,046

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

  $23,323,241

• 10c · Land, buildings and equipment, net

  beginning of year $178,740,183 · end of year $174,448,805

• 15 · Other assets

  beginning of year $13,030,995 · end of year $14,813,638

• 17 · Accounts payable and accrued expenses

  beginning of year $2,447,383 · end of year $2,495,224

• 20 · Tax-exempt bond liabilities

  beginning of year $143,247,085 · end of year $143,376,097

• 25 · Other liabilities

  beginning of year $129,990,287 · end of year $134,474,057

• 27 · Net assets without donor restrictions

  beginning of year -$71,242,700 · end of year -$82,583,242

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT/CEO OF BSL IS EMPLOYED BY BUCKNER INTERNATIONAL, A RELATED 501(C)(3) ORGANIZATION. BUCKNER INTERNATIONAL USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE PRESIDENT/CEO: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF BUCKNER INTERNATIONAL IS RESPONSIBLE FOR EVALUATING THE PERFORMANCE OF AND SETTING THE COMPENSATION FOR THE PRESIDENT/CEO OF BUCKNER INTERNATIONAL ON AN ANNUAL BASIS. THE EVALUATION IS BASED ON PERFORMANCE CRITERIA AND AGREED UPON GOALS AND INCLUDES A WRITTEN SELF-EVALUATION BY THE PRESIDENT/CEO, AS WELL AS INVITED COMMENTS FROM BOARD MEMBERS WHO REVIEW THE SELF-EVALUATION. THE EXECUTIVE COMMITTEE REPORTS ON ITS REVIEW TO THE BOARD, INCLUDING RECOMMENDATIONS REGARDING THE PRESIDENT/CEO'S COMPENSATION, WHICH THE BOARD THEN ACTS UPON. DURING THIS PROCESS, AGREED UPON PERFORMANCE GOALS ARE SET FOR THE NEXT YEAR AND ARE FORMALLY DOCUMENTED. AT LEAST EVERY THREE YEARS, A TASK FORCE MAY BE FORMED TO CONDUCT A CAREFULLY PLANNED COMPREHENSIVE REVIEW, WHICH MAY INCLUDE INVITING FEEDBACK FROM STAFF, PEERS IN BUCKNER INTERNATIONAL'S SECTOR, AND INDIVIDUALS OUTSIDE THE ORGANIZATION WHO HAVE INTERACTED WITH THE PRESIDENT/CEO.

PART I, LINES 4A-B

AN INDIVIDUAL LEFT THE ORGANIZATION AND RECEIVED A SEVERANCE PAYMENT IN 2023. DUE TO CONFIDENTIALITY, NEITHER THE NAME NOR THE AMOUNT WILL BE LISTED. IT IS INCLUDED IN FORM 990, PART VII, SECTION A, COLUMN D. THE 457(F) PLAN IS A DEFERRED COMPENSATION PLAN THAT ALLOWS BUCKNER TO CONTRIBUTE MONEY ON A PRE-TAX BASIS INTO INVESTMENTS THAT PROVIDE KEY EXECUTIVES WITH A RETIREMENT BENEFIT. ALL CONTRIBUTIONS REMAIN AN ASSET OF THE ORGANIZATION UNTIL DISTRIBUTED. DR. ALBERT REYES $63,923 CHARLIE WILSON $32,273 JEFFREY GENTRY $27,042 PRISCILLA REIMER $25,499 RICHARD MUNOZ $9,815 KAYLA COLEMAN $2,500

PART I, LINE 7

THE BUCKNER GOAL ACHIEVEMENT PROGRAM (GAP) IS INTENDED TO REWARD SELECTED MANAGERS FOR THE ACHIEVEMENT OF PRE-ESTABLISHED GOALS AND OBJECTIVES, WHICH ARE TIED TO THE BUSINESS PLAN AND BUDGET. GAP PAYMENTS ARE SUBJECT TO APPROVAL BY THE BOARD AT THE END OF EACH YEAR.