Form 990 for tax year 2023

1f · All other contributions, gifts and grants

$105

2a · Program service revenue: SENIOR HOUSING

total $2,140,072 · related or exempt $2,140,072

2b · Program service revenue: LIFE TENANCY REVENUE

total $45,673 · related or exempt $45,673

7a · Gross sales of assets other than inventory

other assets $19,404

7b · Less cost or other basis and sales expenses

other assets $0

7c · Gain or loss

other assets $19,404

7d · Net gain or loss

total $19,404 · excluded $19,404

11a · Other revenue: BEAUTY/BARBER SERVICES

total $925 · excluded $925

11b · Other revenue: EMPLOYEE/GUEST MEALS

total $910 · excluded $910

11c · Other revenue: MISC. REVENUES

total $520 · excluded $520

11e · Other revenue, total

$2,355

7 · Other salaries and wages

total $389,312 · program services $389,312

9 · Other employee benefits

total $66,361 · program services $66,361

10 · Payroll taxes

total $28,314 · program services $28,314

11a · Fees: management

total $43,697 · management and general $43,697

11g · Fees: other

total $395,305 · program services $395,305

12 · Advertising and promotion

total $23,970 · management and general $23,970

13 · Office expenses

total $48,628 · management and general $48,628

14 · Information technology

total $14,482 · management and general $14,482

16 · Occupancy

total $315,849 · program services $315,849

17 · Travel

total $2,374 · program services $2,374

19 · Conferences, conventions and meetings

total $711 · management and general $711

20 · Interest

total $191,469 · program services $191,469

22 · Depreciation, depletion and amortization

total $337,402 · program services $337,402

23 · Insurance

total $66,586 · management and general $66,586

24a · Other expenses: RESIDENT SERVICES / FOO

total $71,097 · program services $71,097

24b · Other expenses: MAINTENANCE AND REPAIRS

total $53,515 · program services $53,515

24c · Other expenses: DUES AND SUBSCRIPTIONS

total $17,109 · management and general $17,109

24d · Other expenses: MISCELLANEOUS

total $163 · program services $163

1 · Cash, non-interest-bearing

beginning of year $1,000 · end of year $2,500

2 · Savings and temporary cash investments

beginning of year $245,953 · end of year $337,616

4 · Accounts receivable

beginning of year $245 · end of year $411

9 · Prepaid expenses and deferred charges

beginning of year $2,362 · end of year $4,673

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

$12,605,882

10b · Land, buildings and equipment: accumulated depreciation

$7,626,853

10c · Land, buildings and equipment, net

beginning of year $5,116,504 · end of year $4,979,029

17 · Accounts payable and accrued expenses

beginning of year $95,091 · end of year $65,590

19 · Deferred revenue

beginning of year $252,698 · end of year $218,820

20 · Tax-exempt bond liabilities

beginning of year $3,206,588 · end of year $3,206,588

23 · Secured mortgages and notes payable

beginning of year $239,005 · end of year $134,323

25 · Other liabilities

beginning of year $1,428,191 · end of year $1,413,152

27 · Net assets without donor restrictions

beginning of year $144,491 · end of year $285,756