Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $34,300

• 1e · Government grants (contributions)

  $186,159

• 1f · All other contributions, gifts and grants

  $415,226

• 2a · Program service revenue: RESIDENT REVENUE

  total $12,385,920 · related or exempt $12,385,920

• 3 · Investment income

  total $111,749 · excluded $111,749

• 6a · Gross rents

  real property $455,856

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $455,856

• 6d · Net rental income or loss

  total $455,856 · related or exempt $455,856

• 11a · Other revenue: MAINTENANCE ALLOCATION

  total $39,150 · excluded $39,150

• 11b · Other revenue: REBATES AND REFUNDS

  total $9,182 · excluded $9,182

• 11d · All other revenue

  total $20,715 · excluded $20,715

• 11e · Other revenue, total

  $69,047

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $4,967,558 · program services $4,333,444 · management and general $634,114

• 8 · Pension plan contributions

  total $16,917 · program services $12,067 · management and general $4,850

• 9 · Other employee benefits

  total $611,607 · program services $1,867 · management and general $609,740

• 10 · Payroll taxes

  total $441,542 · program services $319,061 · management and general $122,481

• 11a · Fees: management

  total $338,795 · program services $65,644 · management and general $273,151

• 11b · Fees: legal

  total $34,020 · management and general $34,020

• 11c · Fees: accounting

  total $58,943 · management and general $58,943

• 11g · Fees: other

  total $3,079,071 · program services $2,181,916 · management and general $897,155

• 12 · Advertising and promotion

  total $2,723 · management and general $2,723

• 13 · Office expenses

  total $247,053 · program services $171,628 · management and general $75,425

• 16 · Occupancy

  total $573,839 · program services $573,839

• 17 · Travel

  total $3,708 · program services $434 · management and general $3,274

• 19 · Conferences, conventions and meetings

  total $8,542 · program services $8,542

• 20 · Interest

  total $166,968 · program services $166,968

• 22 · Depreciation, depletion and amortization

  total $501,199 · program services $501,199

• 23 · Insurance

  total $164,879 · program services $164,879

• 24a · Other expenses: SUPPLIES

  total $973,111 · program services $861,937 · management and general $111,174

• 24b · Other expenses: BAD DEBT EXPENSE

  total $715,779 · program services $715,779

• 24c · Other expenses: ASSESSMENT FEES

  total $505,351 · program services $505,351

• 24d · Other expenses: DUES, LICENSES, & CERTI

  total $52,244 · program services $4,786 · management and general $47,458

• 24e · All other expenses

  total $41,677 · program services $200 · management and general $41,477

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $417,338 · end of year $237,937

• 2 · Savings and temporary cash investments

  end of year $2,626,719

• 4 · Accounts receivable

  beginning of year $1,656,700 · end of year $2,335,141

• 9 · Prepaid expenses and deferred charges

  beginning of year $169,085 · end of year $174,454

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

  $26,656,925

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

  $24,100,493

• 10c · Land, buildings and equipment, net

  beginning of year $2,793,501 · end of year $2,556,432

• 11 · Investments: publicly traded securities

  beginning of year $1,016,023 · end of year $1,176,527

• 15 · Other assets

  beginning of year $9,517,876 · end of year $15,900,654

• 17 · Accounts payable and accrued expenses

  beginning of year $1,115,670 · end of year $1,139,791

• 25 · Other liabilities

  beginning of year $13,144,602 · end of year $18,262,786

• 27 · Net assets without donor restrictions

  beginning of year $817,854 · end of year $5,111,522

• 28 · Net assets with donor restrictions

  beginning of year $492,397 · end of year $493,765

The filer's explanations (Part III)

PART I, LINE 3

THE HR COMMITTEE OF THE WEXNER HERITAGE VILLAGE BOARD OF DIRECTORS UTILIZED LOCAL MARKET KNOWLEDGE AND ANNUAL PERFORMANCE EVALUATIONS TO ESTABLISH COMPENSATION FOR EXECUTIVES. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS ESTABLISHED BY THE CEO, CFO & PRESIDENT UNDER GUIDELINES ESTABLISHED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGET PROCESS. THE PROCESS IS COMPLETED ANNUALLY AND WAS LAST COMPLETED IN 2023.

PART I, LINE 4A

GARY F ROSENSTEIN RECEIVED SEVERANCE PAYMENTS TOTALING $98,076 DURING CALENDAR YEAR 2023. CHRISTOPHER C CHRISTIAN RECEIVED SEVERANCE PAYMENTS TOTALING $38,310 DURING CALENDAR YEAR 2023.