Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $29,719

• 3 · Investment income

  total $66,637 · excluded $66,637

• 7a · Gross sales of assets other than inventory

  securities $843,402

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

  securities $679,276

• 7c · Gain or loss

  securities $164,126

• 7d · Net gain or loss

  total $164,126 · excluded $164,126

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $176,275 · program services $176,275

• 11c · Fees: accounting

  total $12,200 · management and general $12,200

• 11f · Fees: investment management

  total $16,479 · management and general $16,479

• 11g · Fees: other

  total $25,861 · program services $25,861

• 13 · Office expenses

  total $2,300 · management and general $2,300

• 22 · Depreciation, depletion and amortization

  total $492 · management and general $492

• 23 · Insurance

  total $3,274 · management and general $3,274

• 24a · Other expenses: ALLOCATED PAYROLL AND B

  total $35,459 · fundraising $35,459

• 24b · Other expenses: STRATEGIC PLANNING

  total $2,700 · program services $2,700

• 24c · Other expenses: OTHER EXPENSES

  total $760 · fundraising $760

• 24d · Other expenses: LICENSES & DUES

  total $413 · management and general $413

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $17,224 · end of year $17,079

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,229 · end of year $4,037

• 11 · Investments: publicly traded securities

  beginning of year $3,343,325 · end of year $2,474,697

• 17 · Accounts payable and accrued expenses

  beginning of year $27,650 · end of year $23,339

• 25 · Other liabilities

  beginning of year $134,836 · end of year $7,433

• 27 · Net assets without donor restrictions

  beginning of year $2,142,982 · end of year $1,574,375

• 28 · Net assets with donor restrictions

  beginning of year $1,058,310 · end of year $890,666

The filer's explanations (Part III)

PART I, LINE 3:

THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS OF STEERE HOUSE NURSING & REHABILITATION CENTER, A RELATED ENTITY, AS THE EXECUTIVE DIRECTOR IS EMPLOYED BY STEERE HOUSE NURSING & REHABILITATION CENTER. IN ADDITION, STEERE HOUSE NURSING & REHABILITATION CENTER AND THE EXECUTIVE DIRECTOR ENTERED INTO A WRITTEN EMPLOYMENT CONTRACT.