Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $967,146

• 2a · Program service revenue: PATIENT REVENUE, NET

  total $19,657,968 · related or exempt $19,657,968

• 2b · Program service revenue: INDEPENDENT LIVING

  total $3,356,164 · related or exempt $3,356,164

• 2c · Program service revenue: ASSISTED LIVING

  total $2,406,423 · related or exempt $2,406,423

• 2d · Program service revenue: ENTRANCE FEES EARNED

  total $1,494,547 · related or exempt $1,494,547

• 2e · Program service revenue: MEMORY CARE

  total $1,204,501 · related or exempt $1,204,501

• 3 · Investment income

  total $72,564 · excluded $72,564

• 7a · Gross sales of assets other than inventory

  securities $12,489

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

  securities $0 · other assets $20,700

• 7c · Gain or loss

  securities $12,489 · other assets -$20,700

• 7d · Net gain or loss

  total -$8,211 · excluded -$8,211

• 11a · Other revenue: OTHER REVENUE

  total $385,362 · excluded $385,362

• 11e · Other revenue, total

  $385,362

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $910,454 · program services $668,578 · management and general $241,876

• 7 · Other salaries and wages

  total $15,695,075 · program services $13,892,991 · management and general $1,802,084

• 8 · Pension plan contributions

  total $166,002 · program services $145,662 · management and general $20,340

• 9 · Other employee benefits

  total $1,613,963 · program services $1,314,888 · management and general $299,075

• 10 · Payroll taxes

  total $1,268,026 · program services $1,139,989 · management and general $128,037

• 11a · Fees: management

  total $16,957 · management and general $16,957

• 11b · Fees: legal

  total $69,042 · management and general $69,042

• 11c · Fees: accounting

  total $49,458 · management and general $49,458

• 11g · Fees: other

  total $4,807,913 · program services $4,408,464 · management and general $399,449

• 12 · Advertising and promotion

  total $963,413 · program services $21,333 · management and general $942,080

• 13 · Office expenses

  total $182,556 · program services $17,155 · management and general $165,401

• 14 · Information technology

  total $290,456 · management and general $290,456

• 16 · Occupancy

  total $1,776,884 · program services $1,776,884

• 17 · Travel

  total $66,505 · program services $47,770 · management and general $18,735

• 19 · Conferences, conventions and meetings

  total $45,568 · program services $33,076 · management and general $12,492

• 20 · Interest

  total $1,573,208 · program services $714,285 · management and general $858,923

• 22 · Depreciation, depletion and amortization

  total $3,060,800 · program services $1,389,698 · management and general $1,671,102

• 23 · Insurance

  total $378,862 · program services $314,922 · management and general $63,940

• 24a · Other expenses: BAD DEBTS

  total $2,109,132 · management and general $2,109,132

• 24b · Other expenses: MENTOR/RECRUITING

  total $200,704 · program services $200,215 · management and general $489

• 24c · Other expenses: OTHER OVERHEAD EXPENSE

  total $122,454 · program services $122,454

• 24d · Other expenses: LICENSES & FEES

  total $122,152 · program services $122,152

• 24e · All other expenses

  total $214,093 · program services $74,511 · management and general $139,582

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,048,944 · end of year $3,199,738

• 3 · Pledges and grants receivable

  beginning of year $113,901 · end of year $30,357

• 4 · Accounts receivable

  beginning of year $1,496,378 · end of year $2,560,273

• 8 · Inventories for sale or use

  beginning of year $45,196 · end of year $48,641

• 9 · Prepaid expenses and deferred charges

  beginning of year $378,734 · end of year $211,893

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

  $115,966,499

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

  $34,024,890

• 10c · Land, buildings and equipment, net

  beginning of year $64,094,480 · end of year $81,941,609

• 11 · Investments: publicly traded securities

  beginning of year $1,559,418 · end of year $1,348,009

• 15 · Other assets

  beginning of year $35,152,950 · end of year $16,267,330

• 17 · Accounts payable and accrued expenses

  beginning of year $8,372,028 · end of year $3,874,580

• 19 · Deferred revenue

  beginning of year $5,695,163 · end of year $16,174,070

• 20 · Tax-exempt bond liabilities

  beginning of year $84,875,173 · end of year $84,543,400

• 21 · Escrow or custodial account liability

  beginning of year $144,920 · end of year $116,416

• 23 · Secured mortgages and notes payable

  beginning of year $7,500,000

• 25 · Other liabilities

  beginning of year $2,178,712 · end of year $9,699,704

• 27 · Net assets without donor restrictions

  beginning of year -$2,875,995 · end of year -$8,800,320

The filer's explanations (Part III)

PART I, LINE 1A

ELISEO'S LEADERS RECEIVE HOLIDAY BONUSES THAT RANGE FROM $250 TO $600 AND ARE GROSSED UP FOR TAX PURPOSES. THESE AMOUNTS ARE INCLUDED IN TAXABLE COMPENSATION.

Disregarded entities

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

• AGE DIFFERENTLY CONSULTING AND MANAGEMENT LLC

  ENHANCE SERVICES TO THE ELDERLY · WA · income $0 · assets $0

  Directly controlled by ELISEO

• TACOMA LUTHERAN HOME LLC

  PROPERTY HOLDING COMPANY · WA · income $0 · assets $0

  Directly controlled by ELISEO