Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: SYSTEM FEE FROM AFFILIATES

  total $7,909,938 · related or exempt $7,909,938

• 2b · Program service revenue: OTHER REVENUE

  total $591,298 · related or exempt $591,298

• 2c · Program service revenue: DEVELOPMENT FEE FROM AFFILIATES

  total $361,788 · related or exempt $361,788

• 2d · Program service revenue: RESERVE FEE FROM AFFILIATES

  total $220,236 · related or exempt $220,236

• 3 · Investment income

  total $243,617 · excluded $243,617

• 7a · Gross sales of assets other than inventory

  securities $3,804,436

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

  securities $3,865,919

• 7c · Gain or loss

  securities -$61,483

• 7d · Net gain or loss

  total -$61,483 · excluded -$61,483

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,494,973 · program services $2,420,124 · fundraising $74,849

• 7 · Other salaries and wages

  total $3,372,532 · program services $3,244,688 · fundraising $127,844

• 8 · Pension plan contributions

  total $311,488 · program services $302,410 · fundraising $9,078

• 9 · Other employee benefits

  total $491,620 · program services $477,132 · fundraising $14,488

• 10 · Payroll taxes

  total $318,364 · program services $308,950 · fundraising $9,414

• 11b · Fees: legal

  total $188,786 · program services $150,126 · management and general $38,660

• 11c · Fees: accounting

  total $114,467 · program services $114,467

• 11g · Fees: other

  total $612,921 · program services $518,099 · management and general $61,861 · fundraising $32,961

• 13 · Office expenses

  total $147,848 · program services $125,923 · management and general $6,171 · fundraising $15,754

• 14 · Information technology

  total $212,212 · program services $212,212

• 16 · Occupancy

  total $32,437 · management and general $32,437

• 17 · Travel

  total $191,238 · program services $160,142 · management and general $26,276 · fundraising $4,820

• 19 · Conferences, conventions and meetings

  total $125,048 · program services $121,223 · management and general $1,053 · fundraising $2,772

• 20 · Interest

  total $108,986 · management and general $108,986

• 22 · Depreciation, depletion and amortization

  total $101,220 · management and general $101,220

• 23 · Insurance

  total $62,697 · management and general $62,697

• 24a · Other expenses: LOSS ON CORPORATE RECEI

  total $4,631,528 · program services $4,631,528

• 24b · Other expenses: UNCOLLECTIBLE

  total $747,732 · management and general $747,732

• 24c · Other expenses: DUES, LICENSES, FEES

  total $118,090 · program services $114,068 · fundraising $4,022

• 24d · Other expenses: STAFF RECRUIT/EDUCATION

  total $102,536 · program services $99,504 · fundraising $3,032

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,224,613 · end of year $419,091

• 2 · Savings and temporary cash investments

  beginning of year $3,142,707 · end of year $1,530,801

• 4 · Accounts receivable

  beginning of year $202,177 · end of year $386,431

• 9 · Prepaid expenses and deferred charges

  beginning of year $135,099 · end of year $9,913

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

  $3,553,383

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

  $3,134,624

• 10c · Land, buildings and equipment, net

  beginning of year $235,951 · end of year $418,759

• 11 · Investments: publicly traded securities

  beginning of year $8,443,351 · end of year $8,457,568

• 15 · Other assets

  beginning of year $11,088,160 · end of year $10,064,086

• 17 · Accounts payable and accrued expenses

  beginning of year $2,405,146 · end of year $2,132,995

• 23 · Secured mortgages and notes payable

  beginning of year $3,000,000 · end of year $2,400,000

• 25 · Other liabilities

  beginning of year $2,993,043 · end of year $3,554,748

• 27 · Net assets without donor restrictions

  beginning of year $16,525,102 · end of year $13,198,906

• 28 · Net assets with donor restrictions

  beginning of year $548,767 · end of year $0

The filer's explanations (Part III)

PART I, LINE 4A

NEGOTIATED SEVERANCE PAYMENT OF $403,875.

PART I, LINE 7

REASONABLE NON-FIXED PERFORMANCE AND RETENTION PAYMENTS ARE MADE TO EMPLOYEES AS APPROVED BY THE BOARD, ALL NON-FIXED PAYMENTS ARE REPORTED AS TAXABLE INCOME TO THE EMPLOYEE AND REPORTED IN THEIR W-2 COMPENSATION. AS PART OF THE EVALUATION, THE BOARD REVIEWED COMPARABLE COMPENSATION INFORMATION FROM VARIOUS DATA SURVEYS. ALL EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A, LINE 1A ARE ALSO LISTED ON SCHEDULE J, PART II. THE FIGURE REPORTED ON SCHEDULE J, PART II, COLUMN B(II) IS THE NON-FIXED PAYMENT MADE TO EACH EMPLOYEE.

Disregarded entities

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

• KENDAL OUTREACH LLC

  PROVIDE SERVICES, EDUCATION, AND RESEARCH IN THE FIELD OF AGING · PA · income $0 · assets $0

  Directly controlled by THE KENDAL CORPORATION