Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $105,289

• 1f · All other contributions, gifts and grants

  $243,008

• 2a · Program service revenue: Medicare and Medicaid payments

  total $13,626,189 · related or exempt $13,626,189

• 2b · Program service revenue: Private revenue

  total $6,046,615 · related or exempt $6,046,615

• 2f · All other program service revenue

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

• 6c · Rental income or loss

  real property $0 · personal property $0

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

  securities $28

• 7c · Gain or loss

  securities -$28 · other assets $0

• 7d · Net gain or loss

  total -$28 · excluded -$28

• 11a · Other revenue: Miscellaneous income

  total $74,606 · excluded $74,606

• 11b · Other revenue: Rebates and Refunds

  total $41,415 · excluded $41,415

• 11c · Other revenue: Employee & Guest Meals

  total $5,060 · excluded $5,060

• 11d · All other revenue

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

• 11e · Other revenue, total

  $121,081

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $8,093,868 · program services $7,523,832 · management and general $570,036

• 8 · Pension plan contributions

  total $91,882 · program services $84,780 · management and general $7,102

• 9 · Other employee benefits

  total $817,977 · program services $743,124 · management and general $74,853

• 10 · Payroll taxes

  total $615,345 · program services $560,756 · management and general $54,589

• 11a · Fees: management

  total $900,000 · management and general $900,000

• 11b · Fees: legal

  total $36,759 · management and general $36,759

• 11c · Fees: accounting

  total $50,271 · management and general $50,271

• 11g · Fees: other

  total $749,357 · program services $749,357 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $30,416 · management and general $30,416

• 16 · Occupancy

  total $529,973 · program services $529,973

• 17 · Travel

  total $1,912 · management and general $1,912

• 19 · Conferences, conventions and meetings

  total $20,496 · management and general $20,496

• 20 · Interest

  total $1,974 · management and general $1,974

• 22 · Depreciation, depletion and amortization

  total $396,574 · program services $396,574

• 23 · Insurance

  total $469,502 · program services $44,380 · management and general $425,122

• 24a · Other expenses: Dietary Contract Services

  total $1,662,219 · program services $1,662,219

• 24b · Other expenses: Supplies

  total $1,470,232 · program services $1,439,493 · management and general $30,739

• 24c · Other expenses: Physical, Occup, and Speech Thearapy Svc

  total $1,404,959 · program services $1,404,959

• 24d · Other expenses: Skilled Contracted Services

  total $1,099,805 · program services $1,099,805

• 24e · All other expenses

  total $1,132,355 · program services $1,051,323 · management and general $81,032 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $43,538 · end of year $1,771

• 4 · Accounts receivable

  beginning of year $1,957,879 · end of year $1,950,306

• 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 $133,887 · end of year $124,169

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

  $14,634,034

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

  $8,310,555

• 10c · Land, buildings and equipment, net

  beginning of year $4,888,781 · end of year $6,323,479

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $6,354,122 · end of year $4,874,765

• 17 · Accounts payable and accrued expenses

  beginning of year $1,582,805 · end of year $842,523

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $38,899 · end of year $109,186

• 27 · Net assets without donor restrictions

  beginning of year $11,756,503 · end of year $12,322,781

The filer's explanations (Part III)

Schedule J, Part I, Line 3

The CEO of A.G. Rhodes Health & Rehabilitation Management Company is considered to be the de facto CEO of this Organization. The Board of Trustees of A.G. Rhodes Homes establishes the CEO's compensation.