Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $235,012

• 2a · Program service revenue: RESIDENT SERVICES

  total $12,316,686 · related or exempt $12,316,686

• 2b · Program service revenue: AMORTIZATION OF ADVANCE FEES

  total $352,091 · related or exempt $352,091

• 3 · Investment income

  total $34,075 · excluded $34,075

• 7a · Gross sales of assets other than inventory

  other assets $99,537

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

  other assets $108,098

• 7c · Gain or loss

  other assets -$8,561

• 7d · Net gain or loss

  total -$8,561 · excluded -$8,561

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $103,303 · excluded $103,303

• 11e · Other revenue, total

  $103,303

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $6,339,744 · program services $5,370,203 · management and general $969,541

• 8 · Pension plan contributions

  total $17,714 · program services $17,714

• 9 · Other employee benefits

  total $794,057 · program services $794,057

• 10 · Payroll taxes

  total $483,532 · program services $483,532

• 11b · Fees: legal

  total $51,099 · program services $50,376 · management and general $723

• 11c · Fees: accounting

  total $119,900 · program services $118,206 · management and general $1,694

• 11g · Fees: other

  total $2,214,780 · program services $2,167,259 · management and general $47,521

• 12 · Advertising and promotion

  total $34,098 · program services $30,800 · management and general $3,298

• 13 · Office expenses

  total $293,472 · program services $288,593 · management and general $4,879

• 16 · Occupancy

  total $689,521 · program services $689,521

• 17 · Travel

  total $46,664 · program services $46,664

• 19 · Conferences, conventions and meetings

  total $21,900 · program services $18,740 · management and general $3,160

• 20 · Interest

  total $190,721 · program services $190,721

• 22 · Depreciation, depletion and amortization

  total $1,037,836 · program services $1,037,836

• 23 · Insurance

  total $252,191 · program services $252,191

• 24a · Other expenses: FOOD

  total $528,914 · program services $518,876 · management and general $10,038

• 24b · Other expenses: FRANCHISE TAXES

  total $455,014 · program services $455,014

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $237,292 · program services $237,292

• 24d · Other expenses: MEDICAL SUPPLIES

  total $205,786 · program services $201,881 · management and general $3,905

• 24e · All other expenses

  total $50,822 · program services $47,596 · management and general $3,226

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,700 · end of year $72,112

• 2 · Savings and temporary cash investments

  beginning of year $484,037 · end of year $141,719

• 3 · Pledges and grants receivable

  end of year $70,000

• 4 · Accounts receivable

  beginning of year $2,848,446 · end of year $2,445,311

• 9 · Prepaid expenses and deferred charges

  beginning of year $229,960 · end of year $88,013

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

  $35,214,484

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

  $21,795,504

• 10c · Land, buildings and equipment, net

  beginning of year $14,108,856 · end of year $13,418,980

• 11 · Investments: publicly traded securities

  beginning of year $27,960 · end of year $31,290

• 17 · Accounts payable and accrued expenses

  beginning of year $1,452,964 · end of year $1,390,474

• 19 · Deferred revenue

  beginning of year $3,307,510 · end of year $3,894,736

• 20 · Tax-exempt bond liabilities

  beginning of year $5,211,090 · end of year $4,941,490

• 25 · Other liabilities

  beginning of year $3,129,153 · end of year $1,779,645

• 27 · Net assets without donor restrictions

  beginning of year $4,602,242 · end of year $4,261,080

The filer's explanations (Part III)

PART I, LINE 3

THERE ARE PERIODIC REVIEWS WHETHER COMPENSATON ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING.