Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $204,645

• 2a · Program service revenue: NET PATIENT SERVICES

  total $16,678,556 · related or exempt $16,678,556

• 2b · Program service revenue: LAUNDRY INCOME

  total $7,555 · related or exempt $7,555

• 2c · Program service revenue: BARBER & BEAUTY INCOME

  total $10,527 · related or exempt $10,527

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $358,143 · excluded $358,143

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $131,389 · other assets $386,318

• 7c · Gain or loss

  securities $131,389 · other assets $386,318

• 7d · Net gain or loss

  total $517,707 · excluded $517,707

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $8,416,669 · program services $7,420,846 · management and general $995,823

• 8 · Pension plan contributions

  total $59,125 · management and general $59,125

• 9 · Other employee benefits

  total $857,707 · program services $796,648 · management and general $61,059

• 10 · Payroll taxes

  total $623,832 · program services $558,589 · management and general $65,243

• 11a · Fees: management

  total $679,063 · management and general $679,063

• 11b · Fees: legal

  total $58,927 · management and general $58,927

• 11c · Fees: accounting

  total $19,000 · management and general $19,000

• 11g · Fees: other

  total $2,329,960 · program services $2,307,601 · management and general $22,359 · fundraising $0

• 12 · Advertising and promotion

  total $15,722 · management and general $15,722

• 13 · Office expenses

  total $284,260 · management and general $284,260

• 14 · Information technology

  total $8,114 · management and general $8,114

• 17 · Travel

  total $41,100 · management and general $41,100

• 19 · Conferences, conventions and meetings

  total $6,155 · management and general $6,155

• 20 · Interest

  total $25,632 · management and general $25,632

• 22 · Depreciation, depletion and amortization

  total $305,433 · program services $305,433

• 23 · Insurance

  total $168,739 · management and general $168,739

• 24a · Other expenses: MEDICAID ASSESSMENT

  total $646,617 · program services $646,617

• 24b · Other expenses: DRUGS & MEDICAL SUPPLIES

  total $599,145 · program services $599,145

• 24c · Other expenses: FOOD & DIETARY SUPPLIES

  total $504,508 · program services $504,508

• 24d · Other expenses: UTILITIES

  total $188,498 · program services $171,534 · management and general $16,964

• 24e · All other expenses

  total $255,630 · program services $235,367 · management and general $20,263 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,382,617 · end of year $2,890,044

• 2 · Savings and temporary cash investments

  beginning of year $543,484 · end of year $489,768

• 4 · Accounts receivable

  beginning of year $1,777,141 · end of year $1,583,701

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $72,797 · end of year $49,874

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,596 · end of year $9,562

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

  $12,811,690

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

  $9,134,957

• 10c · Land, buildings and equipment, net

  beginning of year $3,928,909 · end of year $3,676,733

• 11 · Investments: publicly traded securities

  beginning of year $11,277,468 · end of year $13,870,342

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $18,863 · end of year $23,045

• 17 · Accounts payable and accrued expenses

  beginning of year $961,750 · end of year $718,179

• 19 · Deferred revenue

  beginning of year $35,340 · end of year $35,340

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $18,863 · end of year $23,045

• 27 · Net assets without donor restrictions

  beginning of year $18,991,922 · end of year $21,792,200

• 28 · Net assets with donor restrictions

  end of year $24,305

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN

TED GOINS AND KIRBY NICKERSON PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN OFFERED BY THE LUTHERAN SERVICES FOR THE AGING. AMOUNTS WILL BE DISTRIBUTED TO THE EMPLOYEE THROUGH A PAYMENT SCHEDULE COMMENCING AT RETIREMENT. NO AMOUNTS WERE CONTRIBUTED TO THE PLAN DURING CALENDAR YEAR 2024.