Skip to content
Nonprofiteer
← PRESBYTERIAN RETIREMENT HOMES OF BIRMINGHAM INC

Form 990 for tax year 2023

Filed by PRESBYTERIAN RETIREMENT HOMES OF BIRMINGHAM INC.

Totals

Total revenue
$15,676,626
Total expenses
$15,424,206
Contributions and grants received
$349,352
Grants paid
$0
Program service revenue
$14,756,672
Investment income
$355,930
Other revenue
$214,672
Total assets, end of year
$46,408,326
Total liabilities, end of year
$37,569,476
Net assets or fund balances, end of year
$8,838,850
Program services expenses (Part IX)
$13,991,102
Management and general expenses
$1,433,104
Fundraising expenses
$0
Program service expenses (Part III)
$13,991,102

Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $349,352

  • 2a · Program service revenue: INDEPENDENT LIVING

    total $5,454,601 · related or exempt $5,454,601

  • 2b · Program service revenue: SKILLED NURSING

    total $5,231,959 · related or exempt $5,231,959

  • 2c · Program service revenue: ASSISTED LIVING

    total $4,070,112 · related or exempt $4,070,112

  • 3 · Investment income

    total $75,919 · related or exempt $75,919

  • 7a · Gross sales of assets other than inventory

    securities $2,302,933

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

    securities $2,022,922

  • 7c · Gain or loss

    securities $280,011

  • 7d · Net gain or loss

    total $280,011 · related or exempt $280,011

  • 11a · Other revenue: CARES ACT

    total $115,892 · related or exempt $115,892

  • 11b · Other revenue: EMPLOYEE/GUEST MEALS

    total $66,808 · related or exempt $66,808

  • 11c · Other revenue: EMPLOYEE CHRISTMAS GIFT RECEIPTS

    total $59,495 · related or exempt $59,495

  • 11d · All other revenue

    total -$27,523 · related or exempt -$27,523

  • 11e · Other revenue, total

    $214,672

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $6,157,855 · program services $5,069,813 · management and general $1,088,042

  • 8 · Pension plan contributions

    total $88,142 · program services $58,333 · management and general $29,809

  • 9 · Other employee benefits

    total $517,498 · program services $432,003 · management and general $85,495

  • 10 · Payroll taxes

    total $460,069 · program services $380,664 · management and general $79,405

  • 11b · Fees: legal

    total $31,245 · management and general $31,245

  • 11g · Fees: other

    total $3,506,930 · program services $3,506,930

  • 12 · Advertising and promotion

    total $158,242 · program services $157,914 · management and general $328

  • 13 · Office expenses

    total $169,043 · program services $53,168 · management and general $115,875

  • 14 · Information technology

    total $237,917 · program services $237,917

  • 16 · Occupancy

    total $605,037 · program services $605,037

  • 17 · Travel

    total $6,968 · program services $5,437 · management and general $1,531

  • 19 · Conferences, conventions and meetings

    total $4,645 · program services $3,271 · management and general $1,374

  • 20 · Interest

    total $185,847 · program services $185,847

  • 22 · Depreciation, depletion and amortization

    total $1,285,375 · program services $1,285,375

  • 23 · Insurance

    total $403,725 · program services $403,725

  • 24a · Other expenses: OTHER PROGRAM EXPENSES

    total $797,180 · program services $797,180

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $423,021 · program services $423,021

  • 24c · Other expenses: THERAPY

    total $314,969 · program services $314,969

  • 24d · Other expenses: FOOD & NOURISHMENTS

    total $70,498 · program services $70,498

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,248 · end of year $3,242

  • 2 · Savings and temporary cash investments

    beginning of year $760,531 · end of year $396,247

  • 3 · Pledges and grants receivable

    beginning of year $10,000 · end of year $10,000

  • 4 · Accounts receivable

    beginning of year $701,600 · end of year $902,487

  • 8 · Inventories for sale or use

    beginning of year $44,619 · end of year $59,579

  • 9 · Prepaid expenses and deferred charges

    beginning of year $150,745 · end of year $163,645

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

    $60,595,695

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

    $19,457,467

  • 10c · Land, buildings and equipment, net

    beginning of year $12,632,397 · end of year $41,138,228

  • 11 · Investments: publicly traded securities

    beginning of year $3,431,281 · end of year $2,516,580

  • 12 · Investments: other securities

    beginning of year $25,700 · end of year $25,700

  • 15 · Other assets

    beginning of year $21,981,336 · end of year $1,192,618

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,084,156 · end of year $1,346,057

  • 19 · Deferred revenue

    beginning of year $3,346,682 · end of year $3,381,939

  • 23 · Secured mortgages and notes payable

    beginning of year $24,309,867 · end of year $30,483,863

  • 25 · Other liabilities

    beginning of year $2,404,505 · end of year $2,357,617

  • 27 · Net assets without donor restrictions

    beginning of year $8,596,247 · end of year $8,838,850

Mission and programs · 2023

Mission

THE MISSION IS TO MEET THE SOCIAL, PHYSICAL, AND ECONOMIC NEEDS OF THE AGING BY PROVIDING SERVICES INCLUDING INDEPENDENT LIVING ACCOMMODATIONS, ASSISTED LIVING AND SKILLED NURSING CARE OF A COMPREHENSIVE NATURE TO PERSONS REQUIRING THOSE DEGREES OF CARE.

  • SKILLED NURSING

    Expenses $4,960,527 · Revenue $5,231,959

  • ASSISTED LIVING

    Expenses $3,858,956 · Revenue $4,070,112

  • INDEPENDENT LIVING

    Expenses $4,422,742 · Revenue $4,664,747

  • PERSONAL CARE SERVICES

    Expenses $748,877 · Revenue $789,854

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • SUSIE ABBOTT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MARGARET ALEXANDER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • PAT M FORMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • JAMES E GRISHAM III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • VERNA L LYONS

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • ROGER S MCCULLOUGH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • KATHY T LEAVER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MERRY LEWIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • HENRY B RAY JR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • ROGER A HARTLINE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • FRANK H SUTHERLAND JR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • RICHARD H MONK III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • JAMES W SHEPHERD JR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MARION F WALKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • JOHN D HIGGINS III

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0

  • MARGARET H BRUNSTAD

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    0

  • JAMES S SNOW

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • JOHN L FEAGIN JR

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • CHAD CARTER

    PRESIDENT

    Total calculated
    $153,845
    From this org
    $126,988
    From related orgs
    $0
    Other
    $26,857
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,988
    Bonus
    $0
    Other
    $0
    Deferred
    $23,052
    Nontaxable benefits
    $3,805
    Filer's total
    $153,845

  • WILLIAM WIDMAN

    CFO

    Total calculated
    $130,885
    From this org
    $115,745
    From related orgs
    $0
    Other
    $15,140
    Hours/week
    40

  • LASHAUNA HOOPER

    NURSING

    Total calculated
    $146,668
    From this org
    $132,493
    From related orgs
    $0
    Other
    $14,175
    Hours/week
    40

  • MARGARET PETTY

    NURSING

    Total calculated
    $130,789
    From this org
    $121,540
    From related orgs
    $0
    Other
    $9,249
    Hours/week
    47.47

  • GAYLE LEDBETTER

    NURSING

    Total calculated
    $151,074
    From this org
    $143,458
    From related orgs
    $0
    Other
    $7,616
    Hours/week
    56.82

    Schedule J breakdown matched by us

    Base
    $143,458
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $7,616
    Filer's total
    $151,074

  • NADINE PORTER

    NURSING

    Total calculated
    $144,523
    From this org
    $131,320
    From related orgs
    $0
    Other
    $13,203
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
4 September 2024
IRS schema version
2023v5.1
Source object
202432499349300923

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.