Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,127,685

• 1f · All other contributions, gifts and grants

  $300,663

• 2a · Program service revenue: Net Resident Service Revenue

  total $100,141,961 · related or exempt $100,141,961

• 2b · Program service revenue: V.A. Stipend Revenue

  total $10,373,067 · related or exempt $10,373,067

• 2c · Program service revenue: Other Revenue

  total $720,877 · related or exempt $277,869 · unrelated business $276,052 · excluded $166,956

• 3 · Investment income

  total $741,267 · excluded $741,267

• 7a · Gross sales of assets other than inventory

  other assets $56,500

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

  securities $369 · other assets $0

• 7c · Gain or loss

  securities -$369 · other assets $56,500

• 7d · Net gain or loss

  total $56,131 · excluded $56,131

• 10a · Gross sales of inventory

  $16,127,425

• 10b · Cost of goods sold

  $10,248,427

• 10c · Net income from sales of inventory

  total $5,878,998 · related or exempt $6,407,866 · unrelated business -$528,868

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $795,296 · management and general $795,296

• 7 · Other salaries and wages

  total $58,037,124 · program services $53,248,836 · management and general $4,788,288

• 8 · Pension plan contributions

  total $5,778,752 · program services $5,239,547 · management and general $539,205

• 9 · Other employee benefits

  total $9,128,574 · program services $8,310,568 · management and general $818,006

• 10 · Payroll taxes

  total $1,113,366 · program services $1,008,570 · management and general $104,796

• 11b · Fees: legal

  total $141,504 · management and general $141,504

• 11c · Fees: accounting

  total $115,214 · management and general $115,214

• 11d · Fees: lobbying

  total $77,254 · management and general $77,254

• 11f · Fees: investment management

  total $37,533 · management and general $37,533

• 11g · Fees: other

  total $4,889,313 · program services $3,303,803 · management and general $1,585,510

• 12 · Advertising and promotion

  total $100,159 · management and general $100,159

• 13 · Office expenses

  total $2,940,633 · program services $1,531,011 · management and general $1,409,622

• 14 · Information technology

  total $403,378 · management and general $403,378

• 16 · Occupancy

  total $3,261,846 · program services $3,261,846

• 17 · Travel

  total $87,970 · program services $14,426 · management and general $73,544

• 19 · Conferences, conventions and meetings

  total $66,295 · program services $25,233 · management and general $41,062

• 20 · Interest

  total $944,990 · management and general $944,990

• 22 · Depreciation, depletion and amortization

  total $8,288,198 · program services $8,288,198

• 23 · Insurance

  total $522,178 · management and general $522,178

• 24a · Other expenses: Miscellaneous Expense

  total $5,127,437 · program services $4,969,349 · management and general $158,088

• 24b · Other expenses: Health Care Provider Ta

  total $5,084,634 · program services $5,084,634

• 24c · Other expenses: Food and Janitorial Sup

  total $2,795,197 · program services $2,795,197

• 24d · Other expenses: Medical Supplies

  total $1,859,789 · program services $1,859,789

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,950 · end of year $7,700

• 2 · Savings and temporary cash investments

  beginning of year $6,401,948 · end of year $17,777,412

• 3 · Pledges and grants receivable

  beginning of year $44,782 · end of year $64,525

• 4 · Accounts receivable

  beginning of year $7,705,785 · end of year $8,618,774

• 8 · Inventories for sale or use

  beginning of year $1,176,558 · end of year $1,092,558

• 9 · Prepaid expenses and deferred charges

  beginning of year $154,734 · end of year $335,264

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

  $206,116,236

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

  $84,442,125

• 10c · Land, buildings and equipment, net

  beginning of year $127,694,980 · end of year $121,674,111

• 11 · Investments: publicly traded securities

  beginning of year $15,495,006 · end of year $17,187,647

• 14 · Intangible assets

  beginning of year $2,987,228 · end of year $2,978,331

• 15 · Other assets

  beginning of year $10,961,754 · end of year $15,300,041

• 17 · Accounts payable and accrued expenses

  beginning of year $9,237,710 · end of year $9,764,214

• 20 · Tax-exempt bond liabilities

  beginning of year $20,437,796 · end of year $20,111,130

• 25 · Other liabilities

  beginning of year $22,402,812 · end of year $25,626,672

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $120,551,407 · end of year $129,534,347

The filer's explanations (Part III)

Part I, Line 7

Bonuses were awarded in the calendar year based on performance and were approved by the board of directors.