Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RESIDENT REVENUE

  total $7,616,781 · related or exempt $7,616,781

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $2,833 · excluded $2,833

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11a · Other revenue: CABLE TV

  total $136,070 · excluded $136,070

• 11b · Other revenue: GUEST MEALS

  total $56,076 · excluded $56,076

• 11c · Other revenue: CONCIERGE

  total $21,538 · excluded $21,538

• 11d · All other revenue

  total $111,589 · related or exempt $0 · unrelated business $0 · excluded $111,589

• 11e · Other revenue, total

  $325,273

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $143,803 · management and general $143,803

• 7 · Other salaries and wages

  total $1,847,515 · program services $1,706,164 · management and general $141,351

• 8 · Pension plan contributions

  total $54,841 · program services $51,781 · management and general $3,060

• 9 · Other employee benefits

  total $372,162 · program services $331,282 · management and general $40,880

• 10 · Payroll taxes

  total $143,252 · program services $123,758 · management and general $19,494

• 11b · Fees: legal

  total $25,760 · management and general $25,760

• 11c · Fees: accounting

  total $5,400 · management and general $5,400

• 11d · Fees: lobbying

  total $963 · management and general $963

• 11g · Fees: other

  total $647,861 · program services $610,067 · management and general $37,794 · fundraising $0

• 12 · Advertising and promotion

  total $150,135 · program services $150,135

• 13 · Office expenses

  total $6,808 · program services $5,926 · management and general $882

• 14 · Information technology

  total $70,028 · program services $70,028

• 16 · Occupancy

  total $1,097,369 · program services $1,097,369

• 17 · Travel

  total $1,980 · program services $641 · management and general $1,339

• 19 · Conferences, conventions and meetings

  total $300 · management and general $300

• 20 · Interest

  total $510,076 · program services $510,076

• 22 · Depreciation, depletion and amortization

  total $1,128,798 · program services $1,128,798

• 23 · Insurance

  total $138,996 · program services $138,996

• 24a · Other expenses: DIETARY

  total $517,432 · program services $517,008 · management and general $424

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $235,626 · program services $235,579 · management and general $47

• 24c · Other expenses: SUPPLIES

  total $99,601 · program services $87,331 · management and general $12,270

• 24d · Other expenses: SHARED SERVICES

  total $335,869 · management and general $335,869

• 24e · All other expenses

  total $33,951 · program services $16,875 · management and general $17,076 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $597,948 · end of year $530,760

• 2 · Savings and temporary cash investments

  beginning of year $1,496,498 · end of year $1,146,498

• 4 · Accounts receivable

  beginning of year $18,384 · end of year $104,317

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  end of year $84,735

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

  $25,719,715

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

  $6,990,797

• 10c · Land, buildings and equipment, net

  beginning of year $18,722,120 · end of year $18,728,918

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $345,480 · end of year $308,132

• 15 · Other assets

  beginning of year $2,727,238 · end of year $2,918,678

• 17 · Accounts payable and accrued expenses

  beginning of year $423,265 · end of year $680,645

• 19 · Deferred revenue

  beginning of year $15,200,678 · end of year $14,442,647

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $9,689,875 · end of year $9,414,936

• 25 · Other liabilities

  beginning of year $3,047,821 · end of year $3,007,707

• 27 · Net assets without donor restrictions

  beginning of year -$4,453,971 · end of year -$3,723,897

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

THE ORGANIZATIONS CEO, JON-PAUL VENOIT IS COMPENSATED BY A RELATED ORGANIZATION, MASONICARE CORPORATION, WHICH USES THE FOLLOWING METHODS TO ESTABLISH HIS COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Related corporations and trusts

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

• GENM SENIOR CARE CONSULTING GROUP LLC

  C Corporation · CONSULTING · CT

  Directly controlled by MASONICARE CORPORATIO N