Form 990 for tax year 2025

1d · Related organizations

$611,598

2a · Program service revenue: RESIDENT SERVICE FEES

total $15,308,073 · related or exempt $15,308,073

2b · Program service revenue: ENTRANCE FEES

total $728,521 · related or exempt $728,521

3 · Investment income

total $1,468,672 · excluded $1,468,672

7a · Gross sales of assets other than inventory

securities $11,324,331

7b · Less cost or other basis and sales expenses

securities $11,138,870

7c · Gain or loss

securities $185,461

7d · Net gain or loss

total $185,461 · excluded $185,461

5 · Compensation of officers, directors and key employees

total $251,835 · program services $193,912 · management and general $57,923

7 · Other salaries and wages

total $6,635,285 · program services $5,161,323 · management and general $1,473,962

8 · Pension plan contributions

total $177,823 · program services $131,997 · management and general $45,826

9 · Other employee benefits

total $1,166,295 · program services $719,518 · management and general $446,777

10 · Payroll taxes

total $490,860 · program services $390,812 · management and general $100,048

11b · Fees: legal

total $43,422 · management and general $43,422

11c · Fees: accounting

total $53,706 · program services $203 · management and general $53,503

11f · Fees: investment management

total $68,694 · management and general $68,694

11g · Fees: other

total $452,955 · program services $101,737 · management and general $351,218

12 · Advertising and promotion

total $163,173 · program services $81,753 · management and general $81,420

13 · Office expenses

total $346,275 · program services $316,977 · management and general $29,298

14 · Information technology

total $372,370 · program services $126,048 · management and general $246,322

16 · Occupancy

total $1,863,926 · program services $1,842,261 · management and general $21,665

17 · Travel

total $9,004 · program services $3,115 · management and general $5,889

20 · Interest

total $1,770,029 · program services $1,752,236 · management and general $17,793

22 · Depreciation, depletion and amortization

total $3,087,287 · program services $2,981,261 · management and general $106,026

23 · Insurance

total $343,240 · program services $20,858 · management and general $322,382

24a · Other expenses: DINING FOOD COST

total $759,668 · program services $759,668

24b · Other expenses: PILOT

total $212,996 · program services $212,996

24c · Other expenses: OPERATING/MEDICAL SUPPL

total $127,431 · program services $125,325 · management and general $2,106

24d · Other expenses: GRANTS AND OUTREACH

total $121,925 · program services $121,925

1 · Cash, non-interest-bearing

beginning of year $400 · end of year $400

2 · Savings and temporary cash investments

beginning of year $525,568 · end of year $967,964

4 · Accounts receivable

beginning of year $144,129 · end of year $147,211

9 · Prepaid expenses and deferred charges

beginning of year $40 · end of year $0

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

$77,766,416

10b · Land, buildings and equipment: accumulated depreciation

$55,800,481

10c · Land, buildings and equipment, net

beginning of year $23,179,144 · end of year $21,965,935

11 · Investments: publicly traded securities

beginning of year $30,273,722 · end of year $36,855,402

15 · Other assets

beginning of year $17,092,015 · end of year $16,191,834

17 · Accounts payable and accrued expenses

beginning of year $96,538 · end of year $82,520

19 · Deferred revenue

beginning of year $4,405,522 · end of year $4,409,821

20 · Tax-exempt bond liabilities

beginning of year $27,411,743 · end of year $26,888,999

25 · Other liabilities

beginning of year $75,641,114 · end of year $78,666,192

27 · Net assets without donor restrictions

beginning of year -$36,715,184 · end of year -$34,363,811

28 · Net assets with donor restrictions

beginning of year $375,285 · end of year $445,025