Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Tenant Rents

  total $315,759 · related or exempt $315,759

• 2b · Program service revenue: Supporting Revenue

  total $10,353 · related or exempt $10,353

• 3 · Investment income

  total $8,204 · excluded $8,204

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

  other assets $2,895

• 7c · Gain or loss

  other assets -$2,895

• 7d · Net gain or loss

  total -$2,895 · excluded -$2,895

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $9,521 · program services $1,996 · management and general $7,525

• 8 · Pension plan contributions

  total $321 · program services $30 · management and general $291

• 9 · Other employee benefits

  total $1,076 · program services $369 · management and general $707

• 10 · Payroll taxes

  total $684 · program services $140 · management and general $544

• 11a · Fees: management

  total $20,516 · program services $20,516

• 11c · Fees: accounting

  total $2,000 · management and general $2,000

• 11g · Fees: other

  total $15,369 · program services $15,360 · management and general $9

• 13 · Office expenses

  total $7,115 · program services $2,733 · management and general $4,382

• 16 · Occupancy

  total $120,887 · program services $120,887

• 19 · Conferences, conventions and meetings

  total $125 · management and general $125

• 20 · Interest

  total $21,600 · program services $21,600

• 22 · Depreciation, depletion and amortization

  total $55,739 · program services $55,739

• 23 · Insurance

  total $21,490 · management and general $21,490

• 24a · Other expenses: Repairs and Maintenance

  total $19,561 · program services $19,561

• 24e · All other expenses

  total $7,990 · management and general $7,990

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $23,243 · end of year $27,684

• 4 · Accounts receivable

  beginning of year $65 · end of year $313

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

  $2,127,169

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

  $1,732,712

• 10c · Land, buildings and equipment, net

  beginning of year $391,570 · end of year $394,457

• 11 · Investments: publicly traded securities

  beginning of year $650,981 · end of year $630,352

• 17 · Accounts payable and accrued expenses

  beginning of year $12,162 · end of year $31,638

• 20 · Tax-exempt bond liabilities

  beginning of year $456,742 · end of year $363,965

• 21 · Escrow or custodial account liability

  beginning of year $14,744 · end of year $0

• 25 · Other liabilities

  beginning of year $21,801 · end of year $69,366

• 27 · Net assets without donor restrictions

  beginning of year $560,410 · end of year $587,837

The filer's explanations (Part III)

Part I, Line 3

The organization relied on Eventide, a related organization, that used a compensation committee, compensation survey or study, and approval by the board or compensation committee methods described in Sch J, Part I, Line 3 to establish the top management official's compensation. Jon Riewer and Darin Ohe are compensated by Eventide, a related organization, for services provided to that organization, Eventide West Fargo, LLC, Eventide Living Center, and Lake Region Lutheran Home.