Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $11,364

• 1f · All other contributions, gifts and grants

  $1,021,654

• 2a · Program service revenue: RESIDENT SERVICES

  total $27,727,021 · related or exempt $27,727,021

• 2b · Program service revenue: HEALTH CARE

  total $4,271,489 · related or exempt $4,271,489

• 2c · Program service revenue: DUKE CENTER FOR LIVING

  total $884,188 · related or exempt $884,188

• 2d · Program service revenue: OTHER

  total $809,718 · related or exempt $809,718

• 3 · Investment income

  total $864,083 · excluded $864,083

• 6a · Gross rents

  real property $73,604

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $73,604

• 6d · Net rental income or loss

  total $73,604 · excluded $73,604

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $85,200 · program services $85,200

• 7 · Other salaries and wages

  total $12,599,901 · program services $12,599,901

• 8 · Pension plan contributions

  total $119,153 · program services $119,153

• 9 · Other employee benefits

  total $240,215 · program services $220,264 · management and general $19,951

• 10 · Payroll taxes

  total $810,776 · program services $810,776

• 11b · Fees: legal

  total $43,152 · management and general $43,152

• 11c · Fees: accounting

  total $111,360 · management and general $111,360

• 11g · Fees: other

  total $2,818,457 · management and general $2,818,457

• 12 · Advertising and promotion

  total $277,119 · management and general $277,119

• 13 · Office expenses

  total $1,223,746 · program services $784,039 · management and general $439,707

• 14 · Information technology

  total $427,076 · management and general $427,076

• 16 · Occupancy

  total $1,984,038 · program services $1,792,617 · management and general $191,421

• 17 · Travel

  total $11,073 · program services $11,073

• 19 · Conferences, conventions and meetings

  total $95,615 · management and general $95,615

• 20 · Interest

  total $2,791,838 · program services $2,791,838

• 22 · Depreciation, depletion and amortization

  total $4,347,009 · program services $4,347,009

• 23 · Insurance

  total $501,646 · management and general $501,646

• 24a · Other expenses: DIETARY EXPENSE

  total $1,636,238 · program services $1,636,238

• 24b · Other expenses: MEDICAL SUPPLIES

  total $1,298,068 · program services $1,298,068

• 24c · Other expenses: MISCELLANEOUS

  total $639 · program services $520 · management and general $119

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,545,255 · end of year $1,078,446

• 2 · Savings and temporary cash investments

  beginning of year $5,000 · end of year $5,000

• 4 · Accounts receivable

  beginning of year $596,294 · end of year $1,004,973

• 8 · Inventories for sale or use

  beginning of year $204,900 · end of year $280,076

• 9 · Prepaid expenses and deferred charges

  beginning of year $279,746 · end of year $316,034

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

  $148,867,564

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

  $59,689,004

• 10c · Land, buildings and equipment, net

  beginning of year $89,204,799 · end of year $89,178,560

• 11 · Investments: publicly traded securities

  beginning of year $25,280,743 · end of year $32,547,573

• 14 · Intangible assets

  beginning of year $6,412,174 · end of year $5,917,223

• 15 · Other assets

  beginning of year $7,337,875 · end of year $6,900,442

• 17 · Accounts payable and accrued expenses

  beginning of year $7,858,874 · end of year $5,344,234

• 19 · Deferred revenue

  beginning of year $89,684,369 · end of year $90,599,496

• 20 · Tax-exempt bond liabilities

  beginning of year $62,801,240 · end of year $70,907,447

• 24 · Unsecured notes and loans payable

  end of year $187,119

• 25 · Other liabilities

  beginning of year $170,640 · end of year $44,052

• 27 · Net assets without donor restrictions

  beginning of year -$34,432,000 · end of year -$34,205,490

• 28 · Net assets with donor restrictions

  beginning of year $4,783,663 · end of year $4,351,469

The filer's explanations (Part III)

PART I, LINE 3

THE CEO/EXECUTIVE DIRECTOR'S POSITION IS REVIEWED BY THE PRESIDENT AND BOARD CHAIRMAN AND APPROVED BY THE BOARD.

PART I, LINE 7

THE EXECUTIVE DIRECTOR AND DEPARTMENTAL HEADS ARE ELIGIBLE FOR PERFORMANCE BONUSES BASED ON AGREED UPON GOALS FOR THE YEAR.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• GRI PROPERTIES LLC

  RELATED · NC · income $0 · assets $0