Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $15,667

• 2a · Program service revenue: RENTAL REVENUE

  total $5,895,414 · related or exempt $5,895,414

• 2b · Program service revenue: LAUNDRY / VENDING REVENUE

  total $38,974 · related or exempt $38,974

• 2c · Program service revenue: MEALS REVENUE

  total $11,796 · related or exempt $11,796

• 2f · All other program service revenue

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

• 3 · Investment income

  total $129,888 · excluded $129,888

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 10a · Gross sales of inventory

  $13,109

• 10b · Cost of goods sold

  $11,712

• 10c · Net income from sales of inventory

  total $1,397 · related or exempt $1,397

• 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 $875,878 · program services $571,831 · management and general $304,047

• 9 · Other employee benefits

  total $130,573 · program services $84,506 · management and general $46,067

• 10 · Payroll taxes

  total $71,038 · program services $43,573 · management and general $27,465

• 11a · Fees: management

  total $296,781 · management and general $296,781

• 11b · Fees: legal

  total $5,733 · management and general $5,733

• 11c · Fees: accounting

  total $39,529 · management and general $39,529

• 11g · Fees: other

  total $31,695 · program services $0 · management and general $31,695 · fundraising $0

• 12 · Advertising and promotion

  total $70,211 · management and general $70,211

• 13 · Office expenses

  total $28,413 · management and general $28,413

• 14 · Information technology

  total $17,498 · management and general $17,498

• 16 · Occupancy

  total $901,545 · program services $901,545

• 17 · Travel

  total $3,420 · program services $3,420

• 20 · Interest

  total $789,706 · program services $746,437 · management and general $43,269

• 22 · Depreciation, depletion and amortization

  total $1,239,438 · program services $1,171,527 · management and general $67,911

• 23 · Insurance

  total $269,883 · program services $250,069 · management and general $19,814

• 24a · Other expenses: TENANT SERVICES

  total $64,594 · program services $64,594

• 24b · Other expenses: APARTMENT MAINTENANCE

  total $37,080 · program services $37,080

• 24c · Other expenses: BAD DEBT

  total $33,091 · program services $33,091

• 24d · Other expenses: HUMAN RESOURCE EXPENSES

  total $18,660 · management and general $18,660

• 24e · All other expenses

  total $20,570 · program services $20,570 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,100,206 · end of year $2,569,835

• 2 · Savings and temporary cash investments

  beginning of year $38,384 · end of year $38,438

• 4 · Accounts receivable

  beginning of year $19,768 · end of year $76,286

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $32,095 · end of year $136,532

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

  $28,809,741

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

  $15,622,580

• 10c · Land, buildings and equipment, net

  beginning of year $13,178,106 · end of year $13,187,161

• 11 · Investments: publicly traded securities

  beginning of year $2,100,055 · end of year $2,172,598

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $7,000 · end of year $7,000

• 15 · Other assets

  beginning of year $2,417,893 · end of year $1,992,445

• 17 · Accounts payable and accrued expenses

  beginning of year $314,002 · end of year $306,751

• 19 · Deferred revenue

  beginning of year $33,282 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $242,980 · end of year $234,970

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $24,656,362 · end of year $23,750,495

• 25 · Other liabilities

  beginning of year $644,533 · end of year $737,931

• 27 · Net assets without donor restrictions

  beginning of year -$5,997,652 · end of year -$4,849,852

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION

HEBREW SENIORLIFE, INC. (HSL), THE PARENT ORGANIZATION, ESTABLISHES COMPENSATION OF THE ORGANIZATION'S PRESIDENT/CEO AND CFO. HSL UTILIZES THE FOLLOWING IN ESTABLISHING SUCH COMPENSATION: COMPENSATION COMMITTEE WRITTEN EMPLOYMENT CONTRACT INDEPENDENT COMPENSATION CONSULTANT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

SCHEDULE J, PART I, LINE 4A SEVERANCE OR CHANGE-OF-CONTROL PAYMENT

THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS FROM THE LISTED ORGANIZATION. THESE PAYMENTS WERE TREATED AS TAXABLE WAGES AND INCLUDED IN THEIR CALENDAR YEAR 2024 FORM W-2S. STEVE LANDERS - $593,752 - HEBREW SENIOR LIFE, INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• CCN COHEN 112 CENTRE MM LLC

  N/A · ELDER HOUSING · MA

  Directly controlled by NA

• HSL FIREMEN OPERATING LP

  N/A · ELDER HOUSING · MA

  Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• HSL PAYROLL SERVICES INC

  C CORPORATION · PAYROLL SERVICES · MA

  Directly controlled by NA

• HEBREW SENIORLIFE REAGE SOLUTIONS INC

  C CORPORATION · MGMT & CONS. SVCS · DE

  Directly controlled by NA