Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $194,171

• 1e · Government grants (contributions)

  $1,003,587

• 1f · All other contributions, gifts and grants

  $24,410

• 2a · Program service revenue: RESIDENTIAL PROGRAM - IRA

  total $42,136,749 · related or exempt $42,136,749 · unrelated business $0 · excluded $0

• 2b · Program service revenue: DAY HABILITATION

  total $22,115,135 · related or exempt $22,115,135 · unrelated business $0 · excluded $0

• 2c · Program service revenue: OTHER PROGRAMS

  total $5,665,296 · related or exempt $5,665,296 · 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 $1,141 · related or exempt $0 · unrelated business $0 · excluded $1,141

• 6a · Gross rents

  real property $88,522

• 6c · Rental income or loss

  real property $88,522 · personal property $0

• 6d · Net rental income or loss

  total $88,522 · excluded $88,522

• 7a · Gross sales of assets other than inventory

  other assets $34,758

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

  other assets $6,598

• 7c · Gain or loss

  securities $0 · other assets $28,160

• 7d · Net gain or loss

  total $28,160 · excluded $28,160

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: SALES OF SERVICES

  total $1,343,946 · related or exempt $1,343,946 · unrelated business $0 · excluded $0

• 11b · Other revenue: OTHER INCOME

  total $70,974 · related or exempt $0 · unrelated business $0 · excluded $70,974

• 11c · Other revenue: REFUNDS

  total $16,820 · excluded $16,820

• 11d · All other revenue

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

• 11e · Other revenue, total

  $1,431,740

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $1,029,637 · program services $966,571 · management and general $63,066

• 7 · Other salaries and wages

  total $35,324,752 · program services $33,978,039 · management and general $1,346,713 · fundraising $0

• 8 · Pension plan contributions

  total $260,660 · program services $206,539 · management and general $54,121 · fundraising $0

• 9 · Other employee benefits

  total $11,196,969 · program services $8,872,134 · management and general $2,324,835 · fundraising $0

• 10 · Payroll taxes

  total $3,721,381 · program services $2,948,708 · management and general $772,673 · fundraising $0

• 11b · Fees: legal

  total $15,901 · program services $0 · management and general $15,901 · fundraising $0

• 11c · Fees: accounting

  total $80,998 · program services $0 · management and general $80,998 · fundraising $0

• 11g · Fees: other

  total $2,226,911 · program services $1,984,687 · management and general $242,224 · fundraising $0

• 12 · Advertising and promotion

  total $79,894 · program services $6,307 · management and general $73,587 · fundraising $0

• 13 · Office expenses

  total $373,976 · program services $271,738 · management and general $102,238 · fundraising $0

• 14 · Information technology

  total $93,193 · program services $51,761 · management and general $41,432 · fundraising $0

• 16 · Occupancy

  total $4,208,219 · program services $3,939,617 · management and general $268,602 · fundraising $0

• 17 · Travel

  total $5,392,288 · program services $5,191,262 · management and general $201,026 · fundraising $0

• 19 · Conferences, conventions and meetings

  total $102,336 · program services $54,901 · management and general $47,435 · fundraising $0

• 20 · Interest

  total $83,811 · program services $17,179 · management and general $66,632 · fundraising $0

• 22 · Depreciation, depletion and amortization

  total $1,490,180 · program services $1,132,288 · management and general $357,892 · fundraising $0

• 23 · Insurance

  total $948,358 · program services $800,333 · management and general $148,025 · fundraising $0

• 24a · Other expenses: HOUSEHOLD & PROGRAM SUPLIES

  total $2,067,216 · program services $1,991,430 · management and general $75,786 · fundraising $0

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $896,852 · program services $723,851 · management and general $173,001 · fundraising $0

• 24c · Other expenses: CLIENT RECREATION

  total $512,219 · program services $510,693 · management and general $1,526 · fundraising $0

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $339,235 · program services $190,765 · management and general $148,470 · fundraising $0

• 24e · All other expenses

  total $163,720 · program services $160,610 · management and general $3,110 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $699,556 · end of year $1,002,840

• 2 · Savings and temporary cash investments

  beginning of year $41,326 · end of year $41,699

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $5,630,444 · end of year $10,790,569

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $128,840 · end of year $42,552

• 9 · Prepaid expenses and deferred charges

  beginning of year $118,391 · end of year $95,613

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

  $38,913,443

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

  $5,835,283

• 10c · Land, buildings and equipment, net

  beginning of year $30,594,938 · end of year $33,078,160

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $9,415,019 · end of year $9,321,419

• 17 · Accounts payable and accrued expenses

  beginning of year $4,121,261 · end of year $7,198,844

• 18 · Grants payable

  beginning of year $0

• 19 · Deferred revenue

  beginning of year $97,688 · end of year $116,206

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $13,918,787 · end of year $14,341,578

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $8,684,385 · end of year $10,519,634

• 27 · Net assets without donor restrictions

  beginning of year $19,741,500 · end of year $22,142,741

• 28 · Net assets with donor restrictions

  beginning of year $64,893 · end of year $53,849

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

MARYHAVEN CENTER OF HOPE, INC. DOES NOT COMPENSATE THE ORGANIZATION'S CEO, WALTER STOCKTON. KINEXION, THE SOLE CORPORATE OWNER OF THE REPORTING ORGANIZATION, PAID COMPENSATION TO THE CEO. KINEXION HAS ESTABLISHED HIS COMPENSATION USING: INDEPENDENT COMPENSATION CONSULTANT, FORM 990 TAX RETURNS OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS OR STUDY, AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE. KINEXION HAS WRITTEN EMPLOYMENT AGREEMENTS IN PLACE FOR HIM, WHICH OUTLINES COMPENSATION INCLUDING ALL FORMS OF WAGES AND FRINGE BENEFITS. KINEXION USES AN OUTSIDE INDEPENDENT ACCOUNTING CONSULTANT FIRM WITH EXPERTISE IN THE NOT-FOR PROFIT INDUSTRY TO PERFORM COMPENSATION ANALYSES OF THE EXECUTIVE POSITIONS. THE COMPENSATION ANALYSIS INCLUDES COMPENSATION SURVEYS OF COMPARABLE POSITIONS BASED UPON THE COMPENSATION AND FRINGE BENEFITS REPORTED ON THE 990 TAX RETURNS FOR COMPARABLE AGENCIES IN THE INDUSTRY. THE RESULTS OF THE COMPENSATION ANALYSIS ARE PRESENTED TO THE BOARD OF DIRECTORS, WHO REVIEW THE ANALYSIS TO DETERMINE APPROPRIATE COMPENSATION LEVELS AND ENSURE COMPLIANCE WITH THE DUE DILIGENCE GUIDELINES AS OUTLINED IN IRC SEC 4958. THE BASIS FOR ITS DETERMINATION AND ALL DECISIONS MADE ARE CONTEMPORANEOUSLY DOCUMENTED IN MEETING MINUTES. THE ORGANIZATION REGULARLY COMMISSIONS AN INDEPENDENT COMPENSATION STUDY; THE LAST SURVEY WAS COMPLETED IN 2024.

Schedule J, Part I, Line 4a Severance or change-of-control payment

JAMES MARTINSEN, TRUSTEE RECEIVED A SEVERANCE PAYMENT OF $2,500.00 FOR HEALTH INSURANCE COVERAGE PAID THRU AFFILIATE EEDA.

Schedule J, Part I, Line 7 Non-fixed payments

ALL BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS AND CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES. EXECUTIVE BONUSES ARE BASED ON PERFORMANCE EVALUATIONS AND DO NOT EXCEED 5%. NO INDIVIDUAL RECEIVING A BONUS HAD ANY INPUT IN THE DECISION-MAKING PROCESS ON HIS OR HER OWN BONUS.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• KINEXION MEDICAL SERVICES PC

  C Corporation · MEDICAL SVCS · NY · 0% owned · share of income $0 · share of assets $0

  Directly controlled by KINEXION

• MARYHAVEN SCHOOL

  C Corporation · SCHOOL · NY · 100% owned · share of income $0 · share of assets $0 · controlled entity

  Directly controlled by MARYHAVENCTR

• KINEXION LTC PHARMACY LLC

  C Corporation · PHARMACY · NY · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA