Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $226,625

• 1f · All other contributions, gifts and grants

  $81,381

• 2a · Program service revenue: PROGRAM SERVICE REVENUE

  total $18,465,502 · related or exempt $18,465,502

• 3 · Investment income

  total $16,107 · excluded $16,107

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $3,117 · related or exempt $3,117

• 11e · Other revenue, total

  $3,117

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $9,312,900 · program services $8,824,847 · management and general $488,053

• 9 · Other employee benefits

  total $568,738 · program services $538,933 · management and general $29,805

• 10 · Payroll taxes

  total $716,199 · program services $678,666 · management and general $37,533

• 11a · Fees: management

  total $1,101,442 · management and general $1,101,442

• 11b · Fees: legal

  total $32,378 · management and general $32,378

• 11c · Fees: accounting

  total $70,783 · management and general $70,783

• 11g · Fees: other

  total $34,423 · management and general $34,423

• 13 · Office expenses

  total $269,545 · program services $86,357 · management and general $183,188

• 14 · Information technology

  total $106,075 · program services $33,984 · management and general $72,091

• 16 · Occupancy

  total $517,805 · program services $517,805

• 17 · Travel

  total $5,238 · program services $1,678 · management and general $3,560

• 19 · Conferences, conventions and meetings

  total $5,355 · program services $1,716 · management and general $3,639

• 20 · Interest

  total $465,866 · program services $465,866

• 22 · Depreciation, depletion and amortization

  total $938,561 · program services $938,561

• 23 · Insurance

  total $326,112 · management and general $326,112

• 24a · Other expenses: NURSING FACILITY USER F

  total $1,119,770 · program services $1,119,770

• 24b · Other expenses: FOOD

  total $579,722 · program services $579,722

• 24c · Other expenses: MEDICAL SUPPLIES

  total $513,639 · program services $513,639

• 24d · Other expenses: NURSING SUPPLIES

  total $299,701 · program services $299,701

• 24e · All other expenses

  total $591,043 · program services $207,761 · management and general $383,282

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,293,471 · end of year $2,439,492

• 3 · Pledges and grants receivable

  beginning of year $50,848

• 4 · Accounts receivable

  beginning of year $1,948,925 · end of year $2,216,678

• 9 · Prepaid expenses and deferred charges

  beginning of year $198,598 · end of year $192,563

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

  $24,859,386

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

  $15,087,500

• 10c · Land, buildings and equipment, net

  beginning of year $10,193,180 · end of year $9,771,886

• 11 · Investments: publicly traded securities

  beginning of year $500,000 · end of year $503,065

• 15 · Other assets

  beginning of year $8,050,012 · end of year $8,390,453

• 17 · Accounts payable and accrued expenses

  beginning of year $966,549 · end of year $1,408,712

• 19 · Deferred revenue

  beginning of year $33,094 · end of year $1,854

• 23 · Secured mortgages and notes payable

  beginning of year $16,846,315 · end of year $16,587,006

• 25 · Other liabilities

  beginning of year $3,012,700 · end of year $2,900,201

• 27 · Net assets without donor restrictions

  beginning of year -$934,676 · end of year $282,761

• 28 · Net assets with donor restrictions

  beginning of year $2,311,052 · end of year $2,333,603

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