Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $27,801

• 1e · Government grants (contributions)

  $109,000

• 2a · Program service revenue: SERVICE REVENUE

  total $2,157,096 · related or exempt $2,157,096

• 2b · Program service revenue: MANAGEMENT SERVICES REVENUE

  total $108,166 · related or exempt $108,166

• 7a · Gross sales of assets other than inventory

  other assets $86,626

• 7b · Less cost or other basis and sales expenses

  other assets $274,343

• 7c · Gain or loss

  other assets -$187,717

• 7d · Net gain or loss

  total -$187,717 · excluded -$187,717

• 11a · Other revenue: OTHER

  total $16,685 · related or exempt $16,685

• 11e · Other revenue, total

  $16,685

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $1,158,287 · program services $1,010,789 · management and general $147,498

• 8 · Pension plan contributions

  total $31,028 · program services $27,179 · management and general $3,849

• 9 · Other employee benefits

  total $128,547 · program services $112,599 · management and general $15,948

• 10 · Payroll taxes

  total $92,419 · program services $80,954 · management and general $11,465

• 11a · Fees: management

  total $277,461 · program services $25,374 · management and general $252,087

• 11b · Fees: legal

  total $927 · program services $927

• 11c · Fees: accounting

  total $4,260 · management and general $4,260

• 11g · Fees: other

  total $135,020 · program services $125,689 · management and general $9,331

• 12 · Advertising and promotion

  total $46,928 · management and general $46,928

• 13 · Office expenses

  total $52,098 · program services $41,076 · management and general $11,022

• 16 · Occupancy

  total $492,650 · program services $487,197 · management and general $5,453

• 22 · Depreciation, depletion and amortization

  total $21,667 · program services $21,427 · management and general $240

• 23 · Insurance

  total $2,480 · program services $2,453 · management and general $27

• 24a · Other expenses: FOOD

  total $107,661 · program services $107,661

• 24b · Other expenses: SUPPLIES

  total $32,253 · program services $32,200 · management and general $53

• 24c · Other expenses: OTHER

  total $31,388 · program services $9,613 · management and general $21,775

• 24d · Other expenses: CABLE TV

  total $13,845 · program services $13,845

• 24e · All other expenses

  total -$100,861 · program services -$100,861

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $500,800 · end of year $68,479

• 2 · Savings and temporary cash investments

  end of year $143

• 4 · Accounts receivable

  beginning of year $13,968 · end of year $18,441

• 9 · Prepaid expenses and deferred charges

  beginning of year $26,397 · end of year $32,251

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

  $709,965

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

  $20,506

• 10c · Land, buildings and equipment, net

  beginning of year $842,672 · end of year $689,459

• 15 · Other assets

  beginning of year $183,478 · end of year $2,499,369

• 17 · Accounts payable and accrued expenses

  beginning of year $120,377 · end of year $7,120

• 19 · Deferred revenue

  beginning of year $6,367 · end of year $145,109

• 21 · Escrow or custodial account liability

  beginning of year $183,478 · end of year $176,322

• 25 · Other liabilities

  beginning of year $934,407 · end of year $2,999,262

• 27 · Net assets without donor restrictions

  beginning of year $322,686 · end of year -$19,671

The filer's explanations (Part III)

PART I, LINE 1A

LOREN RANALETTA, CEO RECEIVED REIMBURSEMENT FOR MEMBERSHIP DUES IN THE AMOUNT OF $2,682; THIS MEMBERSHIP SUPPORTS ESLC'S BUSINESS OPERATIONS.

PART I, LINE 3

THE ORGANIZATION RELIED ON A RELATED ORGANIZATION THAT USED THE FOLLOWING METHODS TO ESTABLISH EXECUTIVES AND OFFICERS COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT CONSULTANT, EMPLOYMENT CONTRACT, COMPENSATION STUDY, APPROVAL BY THE BOARD.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ROCKWOOD SENIOR HOUSING LLC

  INDEPENDENT SENIOR HOUSING · NY

  Directly controlled by EPISCOPAL SENIORLIFE COMMUNITIES INC

Related corporations and trusts

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

• ROCKWOOD HOUSING COMPANY INC

  INDEPENDENT SENIOR HOUSING · NY

  Directly controlled by EPISCOPAL SENIORLIFE COMMUNITIES INC