Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $225,000

• 1f · All other contributions, gifts and grants

  $1,500

• 2a · Program service revenue: RESIDENT SERVICES REVE

  total $1,387,391 · related or exempt $1,387,391

• 2b · Program service revenue: APPLICATION FEES

  total $27,500 · related or exempt $27,500

• 3 · Investment income

  total $89 · excluded $89

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $451 · related or exempt $451

• 11e · Other revenue, total

  $451

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $782,497 · program services $782,497

• 8 · Pension plan contributions

  total $37,103 · program services $37,103

• 9 · Other employee benefits

  total $70,524 · program services $70,524

• 10 · Payroll taxes

  total $59,196 · program services $59,196

• 11c · Fees: accounting

  total $14,645 · management and general $14,645

• 11g · Fees: other

  total $41 · management and general $41

• 12 · Advertising and promotion

  total $9,228 · program services $2,353 · management and general $6,875

• 13 · Office expenses

  total $21,186 · program services $15,703 · management and general $5,483

• 16 · Occupancy

  total $349,451 · program services $13,303 · management and general $336,148

• 17 · Travel

  total $1,966 · program services $1,966

• 19 · Conferences, conventions and meetings

  total $948 · program services $948

• 20 · Interest

  total $126,179 · program services $126,179

• 22 · Depreciation, depletion and amortization

  total $183,455 · program services $183,455

• 23 · Insurance

  total $38,952 · program services $38,952

• 24a · Other expenses: ADMIN & SUPPORT SERVICE

  total $276,000 · management and general $276,000

• 24b · Other expenses: DIETARY CONTRACT

  total $266,391 · program services $266,391

• 24c · Other expenses: PURCHASED SERVICES

  total $37,055 · program services $33,590 · management and general $3,465

• 24d · Other expenses: AND MAINTENANCE

  total $25,377 · program services $25,377

• 24e · All other expenses

  total $4,001 · program services $2,164 · management and general $1,837

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $173,539 · end of year $166,395

• 4 · Accounts receivable

  beginning of year $20,623 · end of year $19,673

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

  $5,609,439

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

  $3,342,750

• 10c · Land, buildings and equipment, net

  beginning of year $2,396,674 · end of year $2,266,689

• 15 · Other assets

  beginning of year $2,867,826 · end of year $2,925,204

• 17 · Accounts payable and accrued expenses

  beginning of year $145,808 · end of year $200,561

• 19 · Deferred revenue

  beginning of year $30,308 · end of year $6,265

• 21 · Escrow or custodial account liability

  beginning of year $3,578 · end of year $3,158

• 23 · Secured mortgages and notes payable

  beginning of year $2,412,094 · end of year $2,262,343

• 25 · Other liabilities

  beginning of year $2,016,879 · end of year $2,717,903

• 27 · Net assets without donor restrictions

  beginning of year $768,218 · end of year $105,954

• 28 · Net assets with donor restrictions

  beginning of year $81,777 · end of year $81,777

The filer's explanations (Part III)

PART I, LINE 3

THE CEO & CFO SERVE SIX 501(C)(3) AFFILIATED COMPANIES. THOSE WAGES WERE PAID 100% THROUGH THE JEWISH HOME OF CENTRAL NEW YORK. SUPPORT SERVICES ARE SOLD VIA WRITTEN AGREEMENTS WITH THE OTHER FIVE AFFILIATES. SERVICES SOLD TO THIS COMPANY, SENIOR APARTMENTS, INCLUDE THE CEO, CFO, ACCOUNTING, PAYROLL, ALL FEDERAL AND STATE REPORTING, HUMAN RESOURCES, AND MAINTENANCE AS NEEDED.