Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,000,000

• 2a · Program service revenue: NET RESIDENT SERVICE REVENUE

  total $408,169 · related or exempt $408,169

• 2b · Program service revenue: RESIDENCE MAINTENANCE FEES

  total $221,500 · related or exempt $221,500

• 2f · All other program service revenue

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

• 3 · Investment income

  total $40,508 · excluded $40,508

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  other assets $59,224

• 7c · Gain or loss

  securities $0 · other assets $59,224

• 7d · Net gain or loss

  total $59,224 · excluded $59,224

• 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.

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 11a · Fees: management

  total $36,830 · management and general $36,830

• 11f · Fees: investment management

  total $130 · management and general $130

• 11g · Fees: other

  total $33,058 · program services $33,058 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $502 · program services $273 · management and general $229

• 16 · Occupancy

  total $191,634 · program services $182,068 · management and general $9,566

• 20 · Interest

  total $4,473 · program services $4,249 · management and general $224

• 22 · Depreciation, depletion and amortization

  total $200,165 · program services $190,157 · management and general $10,008

• 23 · Insurance

  total $12,720 · program services $12,084 · management and general $636

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $518,666 · end of year $1,208,644

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $3,303 · end of year $10,936

• 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

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $240,700

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

  $7,768,207

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

  $1,227,784

• 10c · Land, buildings and equipment, net

  beginning of year $5,301,085 · end of year $6,540,423

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $7,380 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $41,134 · end of year $238,319

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $1,939,068 · end of year $2,311,899

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 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 $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $3,313,047 · end of year $3,664,191

• 27 · Net assets without donor restrictions

  beginning of year $537,185 · end of year $1,466,197

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $320,097

The filer's explanations (Part III)

Schedule J, Part I, Line 3 PROCESS TO DETERMINE COMPENSATION

THE COMPENSATION OF THE CEO IS DETERMINED BY THE SUBCOMMITTEE OF THE BOARD OF BLUESTEM COMMUNITIES, INC., A RELATED ORGANIZATION. THE SUBCOMMITTEE USES A COMPENSATION SURVEY OR STUDY, AND THE COMPENSATION IS APPROVED BY THE FULL BOARD OF DIRECTORS OF BLUESTEM COMMUNITIES.