Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $10,000

• 1f · All other contributions, gifts and grants

  $30,041

• 2a · Program service revenue: Patient services

  total $1,186,414 · related or exempt $1,186,414

• 2b · Program service revenue: Contracted services

  total $75,450 · related or exempt $75,450

• 9a · Gaming: gross income

  $58,507

• 9b · Gaming: direct expenses

  $4,725

• 9c · Net income from gaming

  total $53,782 · excluded $53,782

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $5,500 · program services $5,033 · management and general $467

• 7 · Other salaries and wages

  total $1,287,795 · program services $1,178,512 · management and general $109,283

• 8 · Pension plan contributions

  total $40,911 · program services $36,453 · management and general $4,458

• 9 · Other employee benefits

  total $107,426 · program services $95,720 · management and general $11,706

• 10 · Payroll taxes

  total $95,756 · program services $88,050 · management and general $7,706

• 11c · Fees: accounting

  total $7,904 · management and general $7,904

• 11g · Fees: other

  total $109,430 · program services $107,736 · management and general $1,694

• 12 · Advertising and promotion

  total $1,338 · program services $1,112 · management and general $226

• 13 · Office expenses

  total $20,999 · program services $17,624 · management and general $3,375

• 14 · Information technology

  total $54,120 · program services $47,552 · management and general $6,568

• 16 · Occupancy

  total $40,557 · program services $32,571 · management and general $7,986

• 17 · Travel

  total $32,275 · program services $32,222 · management and general $53

• 19 · Conferences, conventions and meetings

  total $13,506 · program services $11,555 · management and general $1,951

• 22 · Depreciation, depletion and amortization

  total $292 · program services $292

• 23 · Insurance

  total $4,083 · program services $1,124 · management and general $2,959

• 24a · Other expenses: Med supplies/services

  total $4,082 · program services $4,082

• 24b · Other expenses: Facility repairs/maint.

  total $2,499 · program services $2,499

• 24c · Other expenses: Food/client services

  total $672 · program services $672

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $406,109 · end of year $329,208

• 4 · Accounts receivable

  beginning of year $201,984 · end of year $211,812

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

  $5,250

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

  $5,250

• 10c · Land, buildings and equipment, net

  beginning of year $292 · end of year $0

• 14 · Intangible assets

  end of year $13,251

• 15 · Other assets

  beginning of year $1,288 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $90,811 · end of year $45,035

• 19 · Deferred revenue

  beginning of year $4,321 · end of year $7,810

• 25 · Other liabilities

  beginning of year $99,947 · end of year $560,290

• 27 · Net assets without donor restrictions

  beginning of year -$53,811 · end of year -$184,723

• 28 · Net assets with donor restrictions

  beginning of year $468,405 · end of year $125,859

The filer's explanations (Part III)

Part I, Line 3

The Organization's process for determining the compensation of officers and key employees is ultimately decided by Harbor Homes, Inc., a related organization. The President and CEO is employed by contract, which is reviewed before it expires. The Board of Directors engages legal counsel and other qualified experts for assistance in reviewing the CEO employment contract and any compensation and/or benefit agreements. The base for CEO's compensation is compared with other nonprofit CEOs, reviewed by legal counsel, and approved by the Board of Directors prior to agreement to ensure reasonableness. The President and CEO is responsible for determining and reviewing the compensation of employees and officers that report directly back to the CEO. In cases where the CEO and any directly reporting employees also involves an individual who shares some conflict of interest with the CEO, the CEO will follow the procedures outlined above for determining the President and CEO's own compensation agreement.

Part I, Line 4b

The Organization participates in the consolidated Harbor Care supplemental non-qualified retirement plans and deferred compensation agreements that are provided to certain executives and highly compensated employees. The amounts ultimately due to employees under the plans are to be paid upon the employees attaining certain criteria, including age. Harbor Homes, Inc., a related-organization, maintains a 457(f) ineligible deferred compensation plan for Peter Kelleher, the Organization's President & CEO. Under the terms of the plan, Mr. Kelleher's balance in the plan became vested by June 30, 2022, and he became entitled to receive amounts vested within 30 days of that date. Mr. Kelleher's term of service with the Organization concluded by October 2022. Subsequent to the end of his term of service and after the calendar year ending December 2022, Mr. Kelleher took final distributions of $55,741, which include earnings, from his 457(f) Plan and liquidated his account. Accordingly, such distributions are not reported on this Form 990 for the period ending June 30, 2023, as this Form 990 reports compensation relative to the calendar year ending 2022; Mr. Kelleher did not recognize in his income any distributions from the plan for the period ending December 2022. No other individuals named on this Form 990, Part VII, participated in a 457(f) plan or other supplemental non-qualified retirement plan as defined in the IRS Instructions for Form 990, Schedule J.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• Harbor Homes Plymouth LLC

  C · Residential services to homeless veterans · NH