Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,405,509

• 3 · Investment income

  total $256,320 · excluded $256,320

• 7a · Gross sales of assets other than inventory

  securities $5,320,653

• 7b · Less cost or other basis and sales expenses

  securities $4,068,871

• 7c · Gain or loss

  securities $1,251,782

• 7d · Net gain or loss

  total $1,251,782 · excluded $1,251,782

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $239,420 · program services $239,420

• 2 · Grants to domestic individuals

  total $169,704 · program services $169,704

• 7 · Other salaries and wages

  total $255,374 · fundraising $255,374

• 11b · Fees: legal

  total $2,461 · fundraising $2,461

• 11c · Fees: accounting

  total $2,206 · fundraising $2,206

• 11f · Fees: investment management

  total $15,774 · management and general $15,774

• 11g · Fees: other

  total $108,184 · fundraising $108,184

• 13 · Office expenses

  total $5,802 · fundraising $5,802

• 14 · Information technology

  total $14,911 · fundraising $14,911

• 17 · Travel

  total $63,625 · fundraising $63,625

• 19 · Conferences, conventions and meetings

  total $15,468 · fundraising $15,468

• 24a · Other expenses: WELLNESS EMPLOYEE BENEF

  total $603,481 · fundraising $603,481

• 24b · Other expenses: INTERCOMPANY ALLOCATION

  total $362,928 · fundraising $362,928

• 24c · Other expenses: FLEA MARKET EXPENSES

  total $28,447 · fundraising $28,447

• 24d · Other expenses: BOARD EXPENSE

  total $241 · fundraising $241

• 24e · All other expenses

  total $27,194 · fundraising $27,194

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $26,795 · end of year $163,708

• 2 · Savings and temporary cash investments

  beginning of year $901,785 · end of year $210,912

• 3 · Pledges and grants receivable

  end of year $225,170

• 11 · Investments: publicly traded securities

  beginning of year $6,225,767 · end of year $6,887,624

• 12 · Investments: other securities

  beginning of year $32,857

• 15 · Other assets

  beginning of year $21,341 · end of year $20,336

• 17 · Accounts payable and accrued expenses

  beginning of year $48,041 · end of year $36,154

• 25 · Other liabilities

  beginning of year $167,634 · end of year $147,403

• 27 · Net assets without donor restrictions

  beginning of year $5,900,154 · end of year $5,591,624

• 28 · Net assets with donor restrictions

  beginning of year $1,092,716 · end of year $1,732,569

The filer's explanations (Part III)

FORM 990, SCH J, PART I, LINE 3

METHODS USED TO DETERMINE COMPENSATION: COMPENSATION PAID BY BHI RETIREMENT COMMUNITIES IS DETERMINED BY THE REVIEW AND APPROVAL OF THE BOARD WHICH INCLUDES CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.

SCHEDULE J, PART I, LINE 4B

NONQUALIFIED RETIREMENT PLAN: A 457(F) DEFERRED COMPENSATION PLAN WAS SET UP FOR JOHN DATTILO AND ROGER WEIDEMAN IN APRIL OF 2019. JOHN DATTILO'S PLAN BEGINS VESTING IN 2031 AND ROGER WEIDEMAN'S PLAN BEGINS VESTING IN 2034

Related partnerships

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

• WESLEY MANOR SOUTHSIDE LP

  RETIRE LIVING · IN · general or managing partner

Related corporations and trusts

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

• SLDEVELOPMENT INC

  C · GOLF COURSE · IN · controlled entity

• BHI HOME CARE INC

  C · HOME CARE · IN · controlled entity