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Nonprofiteer
← THE GERRY HOMES

Form 990 for tax year 2023

Filed by THE GERRY HOMES.

Totals

Total revenue
$30,727,294
Total expenses
$33,512,960
Contributions and grants received
$2,178,775
Grants paid
$0
Program service revenue
$28,362,279
Investment income
-$3,331,165
Other revenue
$3,517,405
Total assets, end of year
$75,996,274
Total liabilities, end of year
$38,312,215
Net assets or fund balances, end of year
$37,684,059
Program services expenses (Part IX)
$25,555,518
Management and general expenses
$7,957,442
Fundraising expenses
$0
Program service expenses (Part III)
$25,555,518

Program services were 76.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $2,178,775

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: NET RESIDENT SERVICE REVENUE

    total $28,194,803 · related or exempt $28,194,803 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: ENTRANCE FEE AMORTIZATION

    total $167,476 · related or exempt $167,476 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $1,641 · related or exempt $0 · unrelated business $0 · excluded $1,641

  • 4 · Income from investment of tax-exempt bond proceeds

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

  • 5 · Royalties

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

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

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

    securities $0 · other assets $3,332,806

  • 7c · Gain or loss

    securities $0 · other assets -$3,332,806

  • 7d · Net gain or loss

    total -$3,332,806 · related or exempt -$3,332,806 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11a · Other revenue: ALL OTHER OPERATING INCOME

    total $306,592 · related or exempt $306,592 · unrelated business $0 · excluded $0

  • 11b · Other revenue: COVID RELIEF RELATED & OTHER

    total $3,081,904 · related or exempt $3,081,904 · unrelated business $0 · excluded $0

  • 11c · Other revenue: REBATES, REFUNDS AND CASH DISCOUNTS

    total $95,070 · related or exempt $95,070 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $33,839 · related or exempt $33,839 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $3,517,405

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $15,831,853 · program services $15,273,619 · management and general $558,234 · fundraising $0

  • 8 · Pension plan contributions

    total $195,695 · program services $188,795 · management and general $6,900 · fundraising $0

  • 9 · Other employee benefits

    total $1,860,276 · program services $1,794,682 · management and general $65,594 · fundraising $0

  • 10 · Payroll taxes

    total $1,173,140 · program services $1,131,775 · management and general $41,365 · fundraising $0

  • 11a · Fees: management

    total $3,719,165 · program services $0 · management and general $3,719,165 · fundraising $0

  • 11b · Fees: legal

    total $14,896 · program services $0 · management and general $14,896 · fundraising $0

  • 11c · Fees: accounting

    total $24,443 · program services $0 · management and general $24,443 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $86,047 · program services $1,692 · management and general $84,355 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $803,429 · program services $612,660 · management and general $190,769 · fundraising $0

  • 17 · Travel

    total $2,893 · program services $1,636 · management and general $1,257 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $2,000,897 · program services $1,525,797 · management and general $475,100 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $1,414,485 · program services $1,078,624 · management and general $335,861 · fundraising $0

  • 23 · Insurance

    total $1,021,813 · program services $913,666 · management and general $108,147 · fundraising $0

  • 24a · Other expenses: PURCHASED AND CONTRACTED SERVICES

    total $1,084,256 · program services $659,833 · management and general $424,423 · fundraising $0

  • 24b · Other expenses: MEDICAL AND OTHER SUPPLIES

    total $2,382,170 · program services $2,372,194 · management and general $9,976 · fundraising $0

  • 24c · Other expenses: BAD DEBTS, CASH RECEIPTS ASSESSMENT & OTHER

    total $1,869,772 · program services $545 · management and general $1,869,227 · fundraising $0

  • 24d · Other expenses: DUES

    total $23,898 · program services $0 · management and general $23,898 · fundraising $0

  • 24e · All other expenses

    total $3,832 · program services $0 · management and general $3,832 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $554,263 · end of year $1,511,722

  • 4 · Accounts receivable

    beginning of year $2,258,436 · end of year $1,797,431

  • 9 · Prepaid expenses and deferred charges

    beginning of year $517,041 · end of year $643,224

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

    $64,313,617

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

    $40,968,238

  • 10c · Land, buildings and equipment, net

    beginning of year $28,068,313 · end of year $23,345,379

  • 12 · Investments: other securities

    beginning of year $36,794,348 · end of year $39,708,511

  • 15 · Other assets

    beginning of year $7,421,256 · end of year $8,990,007

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,121,210 · end of year $6,488,006

  • 19 · Deferred revenue

    beginning of year $609,984 · end of year $489,173

  • 23 · Secured mortgages and notes payable

    beginning of year $23,160,262 · end of year $21,998,755

  • 25 · Other liabilities

    beginning of year $8,784,044 · end of year $9,336,281

  • 27 · Net assets without donor restrictions

    beginning of year $1,255,522 · end of year -$1,910,904

  • 28 · Net assets with donor restrictions

    beginning of year $36,682,635 · end of year $39,594,963

Mission and programs · 2023

Mission

TO SERVE OTHERS THROUGH CHRIST-CENTERED MINISTRIES WHICH PROMOTE HOPE, DIGNITY AND PURPOSEFUL LIVING.

  • ESTABLISH, MAINTAIN AND OPERATE TWO NURSING HOMES FOR THE ELDERLY WHICH INCLUDES FULL TIME MEDICAL CARE AND SUPERVISION.

    Expenses $20,302,346 · Revenue $24,903,401

  • ESTABLISH, MAINTAIN AND OPERATE TWO RETIREMENT CAMPUS AND TWO ASSISTED LIVING COMMUNITIES.

    Expenses $5,253,172 · Revenue $3,643,477

As filed on the 2023 return.

Listed in Part VII

  • Lisa Haglund

    President & CEO

    Total calculated
    $329,522
    From this org
    $0
    From related orgs
    $307,380
    Other
    $22,142
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $300,000 related
    Bonus
    $0
    Other
    $0 + $7,380 related
    Deferred
    $0 + $3,379 related
    Nontaxable benefits
    $0 + $18,763 related
    Filer's total
    $0 + $329,522 related

  • Meghan Aldrich

    Chief Operating Officer

    Total calculated
    $260,497
    From this org
    $0
    From related orgs
    $256,426
    Other
    $4,071
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $224,231 related
    Bonus
    $0 + $32,000 related
    Other
    $0 + $195 related
    Deferred
    $0 + $3,238 related
    Nontaxable benefits
    $0 + $833 related
    Filer's total
    $0 + $260,497 related

  • Mark Wilcox

    Chief Information Officer

    Total calculated
    $204,457
    From this org
    $0
    From related orgs
    $182,939
    Other
    $21,518
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $176,475 related
    Bonus
    $0
    Other
    $0 + $6,464 related
    Deferred
    $0 + $2,755 related
    Nontaxable benefits
    $0 + $18,763 related
    Filer's total
    $0 + $204,457 related

  • Danielle Bozich

    Chief Human Resources Officer

    Total calculated
    $193,883
    From this org
    $0
    From related orgs
    $181,081
    Other
    $12,802
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $180,821 related
    Bonus
    $0
    Other
    $0 + $260 related
    Deferred
    $0 + $2,727 related
    Nontaxable benefits
    $0 + $10,075 related
    Filer's total
    $0 + $193,883 related

  • Samuel Hill

    Chief of Mission Advancement

    Total calculated
    $175,404
    From this org
    $0
    From related orgs
    $157,479
    Other
    $17,925
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $157,154 related
    Bonus
    $0
    Other
    $0 + $325 related
    Deferred
    $0 + $2,289 related
    Nontaxable benefits
    $0 + $15,636 related
    Filer's total
    $0 + $175,404 related

  • Robin DiGregorio

    Regional Nursing Home Administrator

    Total calculated
    $167,521
    From this org
    $0
    From related orgs
    $152,678
    Other
    $14,843
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $152,400 related
    Bonus
    $0
    Other
    $0 + $278 related
    Deferred
    $0 + $2,285 related
    Nontaxable benefits
    $0 + $12,558 related
    Filer's total
    $0 + $167,521 related

  • Matthew Boswell

    Vice President of Finance

    Total calculated
    $164,122
    From this org
    $0
    From related orgs
    $154,219
    Other
    $9,903
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $154,016 related
    Bonus
    $0
    Other
    $0 + $203 related
    Deferred
    $0 + $2,311 related
    Nontaxable benefits
    $0 + $7,592 related
    Filer's total
    $0 + $164,122 related

  • Richard Whitver

    Managing Pharmacist

    Total calculated
    $163,091
    From this org
    $0
    From related orgs
    $160,525
    Other
    $2,566
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $159,367 related
    Bonus
    $0 + $1,000 related
    Other
    $0 + $158 related
    Deferred
    $0 + $2,416 related
    Nontaxable benefits
    $0 + $150 related
    Filer's total
    $0 + $163,091 related

  • Kathy Wetherell

    RN Supervisor

    Total calculated
    $143,967
    From this org
    $0
    From related orgs
    $127,527
    Other
    $16,440
    Hours/week
    1 + 39 related

  • Tracy Nelson

    Vice President of Human Resources

    Total calculated
    $130,139
    From this org
    $0
    From related orgs
    $127,206
    Other
    $2,933
    Hours/week
    1 + 39 related

  • Paul DeSantis

    Chief Financial Officer

    Total calculated
    $120,795
    From this org
    $0
    From related orgs
    $114,509
    Other
    $6,286
    Hours/week
    1 + 39 related

  • Lisa Ressman

    Chief Financial Officer

    Total calculated
    $37,798
    From this org
    $0
    From related orgs
    $36,586
    Other
    $1,212
    Hours/week
    1 + 39 related

  • Walter Fleming

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Susan Wilston

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Honna Curtis

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Janet Snyder

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Larry Roberts

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Susanne Mohnkern

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Brent Richardson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Charles Toy

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Joanne Smikle

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Peter Schmitt

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Judy Rich

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.0
Source object
202433209349312453

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