Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $300,189

• 1e · Government grants (contributions)

  $1,121,155

• 1f · All other contributions, gifts and grants

  $424,853

• 2a · Program service revenue: RESIDENT SERVICES

  total $18,784,595 · related or exempt $18,784,595

• 2b · Program service revenue: ANCILLARY SERVICES

  total $59,322 · related or exempt $59,322

• 3 · Investment income

  total $123,628 · excluded $123,628

• 8a · Fundraising events: gross income

  $22,903

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

  $300,189

• 8b · Fundraising events: direct expenses

  $29,472

• 8c · Net income from fundraising events

  total -$6,569 · excluded -$6,569

• 11a · Other revenue: OTHER REVENUE

  total $15,604 · excluded $15,604

• 11e · Other revenue, total

  $15,604

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,813,530 · program services $1,813,530

• 5 · Compensation of officers, directors and key employees

  total $543,643 · program services $140,520 · management and general $267,403 · fundraising $135,720

• 7 · Other salaries and wages

  total $10,284,509 · program services $9,046,497 · management and general $1,150,603 · fundraising $87,409

• 8 · Pension plan contributions

  total $183,512 · program services $164,782 · management and general $18,475 · fundraising $255

• 9 · Other employee benefits

  total $642,977 · program services $554,645 · management and general $78,623 · fundraising $9,709

• 10 · Payroll taxes

  total $879,393 · program services $747,484 · management and general $114,321 · fundraising $17,588

• 11b · Fees: legal

  total $19,656 · management and general $19,656

• 11c · Fees: accounting

  total $52,889 · management and general $52,889

• 11g · Fees: other

  total $2,462,177 · program services $2,166,715 · management and general $246,218 · fundraising $49,244

• 12 · Advertising and promotion

  total $20,849 · program services $18,347 · management and general $2,085 · fundraising $417

• 13 · Office expenses

  total $133,458 · program services $117,443 · management and general $13,346 · fundraising $2,669

• 14 · Information technology

  total $204,981 · program services $180,383 · management and general $20,498 · fundraising $4,100

• 16 · Occupancy

  total $504,567 · program services $444,019 · management and general $50,457 · fundraising $10,091

• 17 · Travel

  total $85,460 · program services $75,205 · management and general $8,546 · fundraising $1,709

• 20 · Interest

  total $134,760 · program services $118,589 · management and general $13,476 · fundraising $2,695

• 22 · Depreciation, depletion and amortization

  total $1,259,401 · program services $1,108,273 · management and general $125,940 · fundraising $25,188

• 23 · Insurance

  total $340,912 · program services $300,003 · management and general $34,091 · fundraising $6,818

• 24a · Other expenses: SUPPLIES

  total $1,493,184 · program services $1,493,184

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $146,983 · program services $129,345 · management and general $14,698 · fundraising $2,940

• 24c · Other expenses: EDUCATION

  total $83,812 · program services $73,755 · management and general $8,381 · fundraising $1,676

• 24d · Other expenses: EMPLOYEE EXPENSES

  total $50,880 · program services $44,774 · management and general $5,088 · fundraising $1,018

• 24e · All other expenses

  total $129,326 · program services $113,807 · management and general $12,932 · fundraising $2,587

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $21,230 · end of year $466,355

• 2 · Savings and temporary cash investments

  beginning of year $23,542 · end of year $29,957

• 3 · Pledges and grants receivable

  beginning of year $296,257 · end of year $202,043

• 4 · Accounts receivable

  beginning of year $1,439,924 · end of year $1,010,548

• 9 · Prepaid expenses and deferred charges

  beginning of year $220,247 · end of year $225,942

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

  $31,324,075

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

  $21,235,565

• 10c · Land, buildings and equipment, net

  beginning of year $9,995,190 · end of year $10,088,510

• 17 · Accounts payable and accrued expenses

  beginning of year $1,343,094 · end of year $1,289,464

• 19 · Deferred revenue

  beginning of year $11,200 · end of year $12,450

• 21 · Escrow or custodial account liability

  beginning of year $23,542 · end of year $29,957

• 23 · Secured mortgages and notes payable

  beginning of year $1,721,721 · end of year $2,407,083

• 25 · Other liabilities

  beginning of year $0 · end of year $35,650

• 27 · Net assets without donor restrictions

  beginning of year $8,575,823 · end of year $8,054,188

• 28 · Net assets with donor restrictions

  beginning of year $321,010 · end of year $194,563

The filer's explanations (Part III)

PART I, LINE 7

THE CEO, CFO, NURSING HOME ADMINISTRATOR, DIRECTOR OF NURSING, AND DIRECTOR OF HUMAN RESOURCES RECEIVED BONUSES AT YEAR END.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• SHALOM CARES WELLNESS CENTER LLC

  FITNESS AND THERAPY · CO · income $230,766 · assets $4,322,059

  Directly controlled by BETH ISRAEL FOUNDATION FOR THE AGED