Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $282,033

• 2a · Program service revenue: RESIDENT SERVICE REV.

  total $12,197,016 · related or exempt $12,197,016

• 2b · Program service revenue: OTHER PATIENT REVENUE

  total $1,166,353 · related or exempt $1,166,353

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $251,598 · management and general $251,598

• 7 · Other salaries and wages

  total $10,972,632 · program services $8,759,093 · management and general $2,213,539

• 8 · Pension plan contributions

  total $133,362 · program services $107,545 · management and general $25,817

• 9 · Other employee benefits

  total $1,486,627 · program services $1,196,170 · management and general $290,457

• 10 · Payroll taxes

  total $1,119,844 · program services $898,274 · management and general $221,570

• 11g · Fees: other

  total $64,381 · program services $34,676 · management and general $29,705

• 12 · Advertising and promotion

  total $103,734 · management and general $103,734

• 13 · Office expenses

  total $439,653 · program services $16,443 · management and general $423,210

• 14 · Information technology

  total $56,163 · management and general $56,163

• 16 · Occupancy

  total $20,053 · program services $707 · management and general $19,346

• 17 · Travel

  total $187,130 · program services $179,125 · management and general $8,005

• 19 · Conferences, conventions and meetings

  total $10,727 · program services $7,011 · management and general $3,716

• 20 · Interest

  total $110,877 · management and general $110,877

• 22 · Depreciation, depletion and amortization

  total $131,063 · management and general $131,063

• 23 · Insurance

  total $176,195 · management and general $176,195

• 24a · Other expenses: BAD DEBT

  total $522,022 · program services $522,022

• 24b · Other expenses: MEDICAL/NURSING SUPPLIE

  total $359,217 · program services $359,217

• 24c · Other expenses: MISCELLANEOUS

  total $32,773 · management and general $32,468 · fundraising $305

• 24d · Other expenses: ANCILLARY EXPENSES

  total $2,871 · program services $2,871

• 24e · All other expenses

  total $2,565 · management and general $2,565

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $73,448 · end of year $134,776

• 2 · Savings and temporary cash investments

  end of year $14,477

• 3 · Pledges and grants receivable

  beginning of year $300,000

• 4 · Accounts receivable

  beginning of year $2,507,616 · end of year $1,682,217

• 9 · Prepaid expenses and deferred charges

  beginning of year $542,033 · end of year $628,062

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

  $4,174,755

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

  $925,105

• 10c · Land, buildings and equipment, net

  beginning of year $3,359,474 · end of year $3,249,650

• 14 · Intangible assets

  beginning of year $150,000 · end of year $150,000

• 15 · Other assets

  beginning of year $13,027,726 · end of year $11,731,732

• 17 · Accounts payable and accrued expenses

  beginning of year $1,724,980 · end of year $1,249,265

• 19 · Deferred revenue

  beginning of year $108,081 · end of year $417,125

• 23 · Secured mortgages and notes payable

  beginning of year $1,818,054 · end of year $1,796,955

• 25 · Other liabilities

  beginning of year $3,500,000 · end of year $3,500,000

• 27 · Net assets without donor restrictions

  beginning of year $12,470,533 · end of year $10,578,098

• 28 · Net assets with donor restrictions

  beginning of year $338,649 · end of year $49,471

The filer's explanations (Part III)

PART I, LINE 3

PART I, LINE 3: THE CEO/EXECUTIVE DIRECTOR OF WAVENY CARE CENTER HEALTH SERVICE, INC. IS PAID BY A RELATED ORGANIZATION, WAVENY CARE CENTER, INC., WHICH USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4A

CHRISTENE FREEDMAN RECEIVED $32,512 IN SEVERANCE PAY.

PART I, LINE 7

ALL COMPENSATION IS PAID BY RELATED ORGANIZATION WAVENY CARE CENTER, INC. THE BOARD OF DIRECTORS DOES A REVIEW OF THE PERFORMANCE OF THE INDIVDIUALS DURING THE YEAR COMPARED TO VARIOUS PERFORMANCE METRIC. AFTER REVIEWING ALL THE INFORMATION, THE INDIVIDUALS WERE AWARDED A DISCRETIONARY BONUS. ALL BONUS PAYMENTS ARE REVIEWED AS PART OF THE INDIVIDUALS FULL COMPENSATION PACKAGE TO MAKE SURE COMPENSATION IS REASONABLE.