Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: ADULT DAY HEALTH SRVCS

  total $1,477,266 · related or exempt $1,477,266

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

  other assets $32

• 7c · Gain or loss

  other assets -$32

• 7d · Net gain or loss

  total -$32 · excluded -$32

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $204,146 · program services $204,146

• 7 · Other salaries and wages

  total $1,836,832 · program services $1,497,566 · management and general $339,266

• 8 · Pension plan contributions

  total $145,005 · program services $118,377 · management and general $26,628

• 9 · Other employee benefits

  total $347,227 · program services $288,411 · management and general $58,816

• 10 · Payroll taxes

  total $190,612 · program services $158,655 · management and general $31,957

• 11g · Fees: other

  total $215,949 · program services $188,228 · management and general $27,721

• 13 · Office expenses

  total $24,169 · program services $19,294 · management and general $4,875

• 14 · Information technology

  total $164,962 · management and general $164,962

• 16 · Occupancy

  total $119,232 · program services $57,698 · management and general $61,534

• 17 · Travel

  total $1,104 · management and general $1,104

• 19 · Conferences, conventions and meetings

  total $1,500 · program services $500 · management and general $1,000

• 22 · Depreciation, depletion and amortization

  total $104,433 · program services $104,433

• 23 · Insurance

  total $92,517 · program services $92,517

• 24a · Other expenses: LOSS ON INV. IN JV

  total $621,753 · program services $621,753

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $318,960 · program services $54,180 · management and general $264,780

• 24c · Other expenses: FOOD EXPENSE

  total $181,975 · program services $181,975

• 24d · Other expenses: RESIDENT ACTIVITIES

  total $52,829 · program services $52,829

• 24e · All other expenses

  total $35,925 · program services $8,920 · management and general $27,005

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $200 · end of year $200

• 2 · Savings and temporary cash investments

  beginning of year $297,829 · end of year $121,510

• 4 · Accounts receivable

  beginning of year $109,355 · end of year $212,769

• 9 · Prepaid expenses and deferred charges

  beginning of year $33,520 · end of year $37,013

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

  $1,433,413

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

  $642,208

• 10c · Land, buildings and equipment, net

  beginning of year $390,409 · end of year $791,205

• 12 · Investments: other securities

  beginning of year $0 · end of year $5,188,645

• 17 · Accounts payable and accrued expenses

  beginning of year $14,245 · end of year $13,893

• 27 · Net assets without donor restrictions

  beginning of year $817,068 · end of year $6,337,449

The filer's explanations (Part III)

PART I, LINE 3

A RELATED ORGANIZATION, PARKER HEALTH GROUP, INC., USES AN INDEPENDENT CONSULTANT, A COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE THE CEO'S COMPENSATION.

PART I, LINE 7

EXECUTIVES AND MANAGEMENT PERSONNEL RECEIVED BONUSES AS PART OF THEIR COMPENSATION FOR THE YEAR 2023. THE BONUSES ARE BASED UPON PERFORMANCE EVALUATIONS THAT REFLECT PREVIOUSLY AGREED UPON GOALS AND OBJECTIVES WHICH HAVE BOTH FINANCIAL AND NON-FINANCIAL ELEMENTS.

Related corporations and trusts

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

• PARKER AT EAST WINDSOR

  C · NURSING HOME CARE · NJ