Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $119,684

• 1f · All other contributions, gifts and grants

  $235,183

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

  total $16,365,914 · related or exempt $16,365,914

• 2b · Program service revenue: Private revenue

  total $2,536,575 · related or exempt $2,536,575

• 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

• 7c · Gain or loss

  securities $0 · other assets $0

• 11a · Other revenue: Rebates & Refunds

  total $39,040 · excluded $39,040

• 11b · Other revenue: Misc Income

  total $31,604 · excluded $31,604

• 11c · Other revenue: Employee & Guest Meals

  total $6,167 · excluded $6,167

• 11d · All other revenue

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

• 11e · Other revenue, total

  $76,811

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $7,492,423 · program services $6,792,141 · management and general $700,282

• 8 · Pension plan contributions

  total $85,206 · program services $74,700 · management and general $10,506

• 9 · Other employee benefits

  total $637,150 · program services $598,373 · management and general $38,777

• 10 · Payroll taxes

  total $636,249 · program services $573,480 · management and general $62,769

• 11a · Fees: management

  total $840,000 · management and general $840,000

• 11b · Fees: legal

  total $24,451 · management and general $24,451

• 11c · Fees: accounting

  total $49,258 · management and general $49,258

• 11g · Fees: other

  total $1,606,368 · program services $1,260,410 · management and general $345,958 · fundraising $0

• 12 · Advertising and promotion

  total $46,884 · management and general $46,884

• 13 · Office expenses

  total $91,557 · management and general $91,557

• 16 · Occupancy

  total $345,711 · program services $345,711

• 17 · Travel

  total $9,222 · management and general $9,222

• 19 · Conferences, conventions and meetings

  total $21,283 · management and general $21,283

• 20 · Interest

  total $1,771 · program services $1,771

• 22 · Depreciation, depletion and amortization

  total $245,496 · program services $245,496

• 23 · Insurance

  total $542,334 · program services $39,536 · management and general $502,798

• 24a · Other expenses: Dietary Contracted Services

  total $1,389,778 · program services $1,389,778

• 24b · Other expenses: Supplies

  total $1,346,820 · program services $1,298,992 · management and general $47,828

• 24c · Other expenses: Speech & Occupational Therapy

  total $759,151 · program services $759,151

• 24d · Other expenses: Medicaid Provider Fee

  total $672,663 · program services $672,663

• 24e · All other expenses

  total $611,687 · program services $451,463 · management and general $160,224 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $14,396 · end of year $1,300

• 4 · Accounts receivable

  beginning of year $1,437,089 · end of year $1,727,511

• 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 $59,311 · end of year $69,399

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

  $9,770,137

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

  $6,561,489

• 10c · Land, buildings and equipment, net

  beginning of year $3,105,509 · end of year $3,208,648

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $7,212,051 · end of year $8,260,858

• 17 · Accounts payable and accrued expenses

  beginning of year $1,306,657 · end of year $811,675

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $58,637

• 27 · Net assets without donor restrictions

  beginning of year $10,521,699 · end of year $12,397,404

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 the Organization. The Board of Trustees of A.G. Rhodes Homes establishes the CEO's compensation.