Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,050

• 1c · Fundraising events

  $154,949

• 1e · Government grants (contributions)

  $880,000

• 1f · All other contributions, gifts and grants

  $2,222,842

• 1g · Noncash contributions included above

  $196,990

• 2a · Program service revenue: COMMUNITY BASED SERVICES

  total $6,462,701 · related or exempt $6,462,701

• 2b · Program service revenue: RESIDENTIAL

  total $5,456,393 · related or exempt $5,456,393

• 3 · Investment income

  total $119,070 · excluded $119,070

• 6a · Gross rents

  real property $275,834

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $275,834

• 6d · Net rental income or loss

  total $275,834 · excluded $275,834

• 7a · Gross sales of assets other than inventory

  securities $363,000

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

  securities $372,361 · other assets $13,124

• 7c · Gain or loss

  securities -$9,361 · other assets -$13,124

• 7d · Net gain or loss

  total -$22,485 · excluded -$22,485

• 8a · Fundraising events: gross income

  $45,158

• 8a · Fundraising events: contributions included on line 1c

  $154,949

• 8b · Fundraising events: direct expenses

  $53,424

• 8c · Net income from fundraising events

  total -$8,266 · excluded -$8,266

• 9a · Gaming: gross income

  $1,840

• 9b · Gaming: direct expenses

  $128

• 9c · Net income from gaming

  total $1,712 · excluded $1,712

• 11a · Other revenue: INSURANCE PROCEEDS

  total $118,702 · excluded $118,702

• 11b · Other revenue: OTHER INCOME

  total $1,636 · excluded $1,636

• 11e · Other revenue, total

  $120,338

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $921,576 · program services $328,202 · management and general $325,723 · fundraising $267,651

• 7 · Other salaries and wages

  total $5,054,661 · program services $4,684,885 · management and general $317,712 · fundraising $52,064

• 8 · Pension plan contributions

  total $144,151 · program services $122,240 · management and general $14,848 · fundraising $7,063

• 9 · Other employee benefits

  total $631,608 · program services $590,366 · management and general $37,172 · fundraising $4,070

• 10 · Payroll taxes

  total $451,247 · program services $382,657 · management and general $46,479 · fundraising $22,111

• 11b · Fees: legal

  total $6,446 · program services $758 · management and general $2,809 · fundraising $2,879

• 11c · Fees: accounting

  total $33,140 · program services $3,899 · management and general $14,439 · fundraising $14,802

• 11d · Fees: lobbying

  total $17,477 · program services $2,056 · management and general $7,615 · fundraising $7,806

• 11g · Fees: other

  total $236,821 · program services $27,861 · management and general $103,185 · fundraising $105,775

• 13 · Office expenses

  total $52,816 · program services $5,559 · management and general $40,108 · fundraising $7,149

• 14 · Information technology

  total $285,385 · program services $218,738 · management and general $44,652 · fundraising $21,995

• 16 · Occupancy

  total $301,162 · program services $219,556 · management and general $77,744 · fundraising $3,862

• 17 · Travel

  total $67,589 · program services $38,526 · management and general $16,133 · fundraising $12,930

• 20 · Interest

  total $157,893 · program services $95,923 · management and general $58,868 · fundraising $3,102

• 22 · Depreciation, depletion and amortization

  total $719,421 · program services $545,954 · management and general $164,040 · fundraising $9,427

• 23 · Insurance

  total $189,023 · program services $150,338 · management and general $33,164 · fundraising $5,521

• 24a · Other expenses: CONTRACT ADJUSTMENTS -

  total $2,601,370 · program services $2,601,370

• 24b · Other expenses: CONTRACT ADJUSTMENTS -

  total $1,690,335 · program services $1,690,335

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $427,563 · program services $266,257 · management and general $152,816 · fundraising $8,490

• 24d · Other expenses: PERSONNEL EXPENSES

  total $303,057 · program services $256,992 · management and general $31,215 · fundraising $14,850

• 24e · All other expenses

  total $527,789 · program services $425,816 · management and general $89,838 · fundraising $12,135

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $14,389 · end of year $36,779

• 3 · Pledges and grants receivable

  beginning of year $1,176,805 · end of year $1,189,113

• 4 · Accounts receivable

  beginning of year $583,911 · end of year $593,241

• 9 · Prepaid expenses and deferred charges

  beginning of year $47,182 · end of year $90,407

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

  $17,698,853

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

  $6,864,822

• 10c · Land, buildings and equipment, net

  beginning of year $10,434,201 · end of year $10,834,031

• 11 · Investments: publicly traded securities

  beginning of year $2,825,794 · end of year $3,644,774

• 12 · Investments: other securities

  beginning of year $1,638,688 · end of year $1,724,371

• 15 · Other assets

  beginning of year $880,623 · end of year $761,723

• 17 · Accounts payable and accrued expenses

  beginning of year $1,218,552 · end of year $1,154,302

• 23 · Secured mortgages and notes payable

  beginning of year $4,144,061 · end of year $3,982,369

• 25 · Other liabilities

  beginning of year $0 · end of year $356,641

• 27 · Net assets without donor restrictions

  beginning of year $8,214,871 · end of year $9,805,360

• 28 · Net assets with donor restrictions

  beginning of year $4,024,109 · end of year $3,575,767

The filer's explanations (Part III)

PART I, LINE 4B

DURING 2015, CHNK ENTERED INTO A DEFERRED COMPENSATION AGREEMENT WITH ITS CHIEF EXECUTIVE OFFICER, WHO IS SERVING AS THE AGENCY'S CHIEF DEVELOPMENTAL OFFICER. THE ANNUAL INCENTIVE IS TO BE DEPOSITED IN AN INVESTMENT ACCOUNT UNDER CHNK'S NAME, BUT THE CEO MAY DIRECT THE INVESTMENT VEHICLE THE FUNDS ARE INVESTED. UNDER THIS AGREEMENT, THE CEO WILL BE RESPONSIBLE FOR ANY GAINS OR LOSSES AND WOULD SOLELY ACCRUE TO THE BENEFIT OR DETRIMENT OF THE CEO. IN THE EVENT ANY PORTION OF THE ACCOUNT WOULD BE FORFEITED DUE TO ANY REASON, THE UNINVESTED AMOUNTS WOULD REVERT TO CHNK AND THE INVESTMENT DECISIONS WOULD ALSO REVERT TO CHNK.

PART I, LINE 5

DURING FY 2023 CHNK ENTERED INTO AN AGREEMENT WITH OUR APRN WHERE HER PAY IS BASED ON THE AMOUNT OF REVENUE SHE GENERATES MONTHLY. SHE IS PAID 65% OF THAT MONTHLY REVENUE.

PART I, LINE 6

CHNK ENETERED INTO AN OPERATIONAL EFFECTIVE BONUS (OEB) WITH ITS CHIEF EXECUTIVE OFFICER, WHO IS SERVING AS THE ORGANIZATION'S CHIEF DEVELOPMENT OFFICER. UNDER THIS AGREEMENT, IF CHNK'S CHANGE IN NET ASSETS IS POSITIVE OR BETTER THAN BUDGETED, THE CEO WILL BE ELIGABLE FOR THE OEB EQUAL TO 20% OF THE CEO'S BASE SALARY, PAID OVER A 2-YEAR PERIOD. IF THE CEO WERE TO LEAVE CHNK WITHIN THE 2-YEAR PERIOD, ANY REMAINING INSTALLMENTS ARE FORFEITED. DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, THE ORGANIZATION HAS AN APPROVED LONG-TERM RETENTION INCENTIVE THAT VESTS OVER A 10-YEAR PERIOD, AND AN OPERATIONAL EFFECTIVENESS BONUS BASED ON SPECIFIC CRITERIA, THAT IS PAID OVER TWO YEARS SUBJECT TO CONTINUED EMPLOYMENT FOR ITS CEO. A YEARLY INCREASE OF $46,550 WAS RECOGNIZED FOR THE ACCRUAL OF BENEFITS FOR THE YEAR ENDING JUNE 30,2023.