Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $2,798,280

• 2a · Program service revenue: RESIDENT AND NET PATIENT SERVICES

  total $307,905,780 · related or exempt $307,905,780

• 2b · Program service revenue: AMORTIZATION OF ACCOMODATION FEES

  total $41,438,245 · related or exempt $41,438,245

• 2c · Program service revenue: OTHER ANCILLARY INCOME

  total $602,855 · related or exempt $602,855

• 2f · All other program service revenue

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

• 3 · Investment income

  total $10,560,927 · excluded $10,560,927

• 6a · Gross rents

  real property $903,470

• 6b · Less rental expenses

  real property $8,014

• 6c · Rental income or loss

  real property $895,456 · personal property $0

• 6d · Net rental income or loss

  total $895,456 · excluded $895,456

• 7a · Gross sales of assets other than inventory

  securities $355,712,399

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

  securities $340,734,984 · other assets $12,459

• 7c · Gain or loss

  securities $14,977,415 · other assets -$12,459

• 7d · Net gain or loss

  total $14,964,956 · excluded $14,964,956

• 10a · Gross sales of inventory

  $82,896

• 10b · Cost of goods sold

  $96,641

• 10c · Net income from sales of inventory

  total -$13,745 · excluded -$13,745

• 11a · Other revenue: OTHER INCOME

  total $2,288,247 · related or exempt $2,288,247

• 11b · Other revenue: Asbestos Settlement Loss

  total -$1,250,000 · excluded -$1,250,000

• 11d · All other revenue

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

• 11e · Other revenue, total

  $1,038,247

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $5,007,556 · program services $2,180,147 · management and general $2,827,409

• 6 · Compensation of disqualified persons

  total $645,258 · management and general $645,258

• 7 · Other salaries and wages

  total $124,246,174 · program services $95,070,179 · management and general $29,175,995

• 8 · Pension plan contributions

  total $2,347,943 · program services $1,334,493 · management and general $1,013,450

• 9 · Other employee benefits

  total $30,705,355 · program services $25,148,697 · management and general $5,556,658

• 10 · Payroll taxes

  total $11,115,439 · program services $8,536,171 · management and general $2,579,268

• 11b · Fees: legal

  total $1,230,020 · management and general $1,230,020

• 11c · Fees: accounting

  total $543,038 · management and general $543,038

• 11f · Fees: investment management

  total $1,551,096 · program services $1,551,096

• 11g · Fees: other

  total $20,606,002 · program services $14,644,559 · management and general $5,961,443 · fundraising $0

• 12 · Advertising and promotion

  total $4,232,562 · program services $1,340,478 · management and general $2,892,084

• 13 · Office expenses

  total $9,052,421 · program services $6,752,331 · management and general $2,300,090

• 14 · Information technology

  total $1,277,029 · program services $25,724 · management and general $1,251,305

• 16 · Occupancy

  total $21,797,422 · program services $18,269,478 · management and general $3,527,944

• 17 · Travel

  total $2,078,290 · program services $872,014 · management and general $1,206,276

• 19 · Conferences, conventions and meetings

  total $44,490 · program services $1,939 · management and general $42,551

• 20 · Interest

  total $11,667,615 · program services $11,667,615

• 22 · Depreciation, depletion and amortization

  total $83,370,442 · program services $83,370,442

• 23 · Insurance

  total $6,338,838 · program services $6,293,412 · management and general $45,426

• 24a · Other expenses: FOOD

  total $19,021,151 · program services $18,957,254 · management and general $63,897

• 24b · Other expenses: EQUIPMENT RENTAL & MAINTENANCE

  total $6,806,865 · program services $2,923,737 · management and general $3,883,128

• 24c · Other expenses: TAXES, LICENSES AND DUES

  total $5,578,843 · program services $1,150,798 · management and general $4,428,045

• 24d · Other expenses: EDUCATION, EMPLOYEE RECRUITMENT, & UNIFORMS

  total $2,679,965 · program services $229,049 · management and general $2,450,916

• 24e · All other expenses

  total $4,374,811 · program services $2,840,847 · management and general $1,533,964 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $746,590 · end of year $10,980,472

• 2 · Savings and temporary cash investments

  beginning of year $12,102,372 · end of year $17,868,344

• 4 · Accounts receivable

  beginning of year $12,271,841 · end of year $9,789,414

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  beginning of year $3,158,873 · end of year $10,805,407

• 8 · Inventories for sale or use

  beginning of year $614,743 · end of year $306,877

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,824,595 · end of year $4,291,952

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

  $1,523,303,812

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

  $546,092,955

• 10c · Land, buildings and equipment, net

  beginning of year $922,123,490 · end of year $977,210,857

• 11 · Investments: publicly traded securities

  beginning of year $449,145,290 · end of year $434,383,031

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $29,739,295 · end of year $24,822,181

• 14 · Intangible assets

  beginning of year $53,339,622 · end of year $43,716,733

• 15 · Other assets

  beginning of year $33,504,484 · end of year $33,983,106

• 17 · Accounts payable and accrued expenses

  beginning of year $44,215,957 · end of year $57,923,001

• 19 · Deferred revenue

  beginning of year $237,453,963 · end of year $239,655,371

• 20 · Tax-exempt bond liabilities

  beginning of year $318,941,496 · end of year $315,593,070

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $99,345,391 · end of year $92,935,391

• 25 · Other liabilities

  beginning of year $175,980,584 · end of year $172,442,923

• 27 · Net assets without donor restrictions

  beginning of year $642,949,873 · end of year $688,441,970

• 28 · Net assets with donor restrictions

  beginning of year $1,683,931 · end of year $1,166,648

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Personal services

FINANCIAL PLANNING SERVICES ARE PROVIDED TO CERTAIN OFFICERS, KEY EMPLOYEES AND THE HIGHEST COMPENSATED EMPLOYEES; THE VALUE OF THIS BENEFIT IS INCLUDED IN THEIR INCOME. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS ARE MADE WITH RESPECT TO SUCH PAYMENTS.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DESCRIBED IN 457(f): AMOUNTS INCLUDED IN W-2 JOHN WOODWARD $8,110 EDUARDO SALVADOR $18,125 RACHEL VRANICH $16,282 CHRIS ICHIEN $13,408 RANDY HERZIG $10,986 JEFF SIANKO $14,894 Craig Sumner $10,448 KARI OLSON $18,424 George Akopyan $1,458 MARY MCMULLIN $15,067 DEBBIE ROMPAL $11,728 AMOUNTS IN DEFERRED JOHN WOODWARD NONE EDUARDO SALVADOR NONE RACHEL VRANICH NONE CHRIS ICHIEN NONE RANDY HERZIG NONE JEFF SIANKO NONE Craig Sumner NONE KARI OLSON NONE George Akopyan NONE MARY MCMULLIN NONE DEBBIE ROMPAL NONE

Related partnerships

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

• OAK CENTERS LP

  N/A · PROVIDE AFFORDABLE HOUSING TO ELDERLY · CA

  Directly controlled by NA