Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $498,282

• 1f · All other contributions, gifts and grants

  $136,932

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

  total $31,586,672 · related or exempt $31,586,672

• 2b · Program service revenue: PA NURSING HOME ASSESSMENT

  total $1,847,184 · related or exempt $1,847,184

• 2c · Program service revenue: DAY VISITOR REVENUE

  total $1,906 · related or exempt $1,906

• 3 · Investment income

  total $1,818,505 · excluded $1,818,505

• 7a · Gross sales of assets other than inventory

  securities $6,956,905

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

  securities $6,963,962

• 7c · Gain or loss

  securities -$7,057

• 7d · Net gain or loss

  total -$7,057 · excluded -$7,057

• 8a · Fundraising events: gross income

  $136

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $136 · excluded $136

• 11a · Other revenue: DAY PROGRAM

  total $545,403 · excluded $545,403

• 11b · Other revenue: CATERING INCOME

  total $48,023 · excluded $48,023

• 11c · Other revenue: CAFETERIA INCOME

  total $38,391 · excluded $38,391

• 11d · All other revenue

  total $30,101 · excluded $30,101

• 11e · Other revenue, total

  $661,918

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $23,170,596 · program services $20,909,932 · management and general $2,260,664

• 8 · Pension plan contributions

  total $1,245,679 · program services $1,124,143 · management and general $121,536

• 9 · Other employee benefits

  total $5,856,391 · program services $5,467,838 · management and general $388,553

• 10 · Payroll taxes

  total $1,785,745 · program services $1,610,123 · management and general $175,622

• 11b · Fees: legal

  total $37,880 · management and general $37,880

• 11c · Fees: accounting

  total $100,038 · management and general $100,038

• 11f · Fees: investment management

  total $109,662 · management and general $109,662

• 11g · Fees: other

  total $2,559,825 · program services $2,215,737 · management and general $344,088

• 12 · Advertising and promotion

  total $308 · management and general $308

• 13 · Office expenses

  total $1,929,405 · program services $1,686,611 · management and general $242,794

• 14 · Information technology

  total $381,215 · management and general $381,215

• 16 · Occupancy

  total $787,711 · program services $602,723 · management and general $184,988

• 17 · Travel

  total $327,873 · program services $327,034 · management and general $839

• 19 · Conferences, conventions and meetings

  total $27,054 · program services $12,231 · management and general $14,823

• 22 · Depreciation, depletion and amortization

  total $1,381,905 · program services $1,381,905

• 23 · Insurance

  total $1,239,203 · program services $5,455 · management and general $1,233,748

• 24a · Other expenses: SUPPORT SERVICES FEE

  total $5,002,154 · management and general $5,002,154

• 24b · Other expenses: PA NURSING HOME ASSESSM

  total $2,163,948 · program services $2,163,948

• 24c · Other expenses: DIETARY COSTS

  total $1,186,547 · program services $1,186,547

• 24d · Other expenses: MEDICAL SUPPLIES

  total $253,722 · program services $253,722

• 24e · All other expenses

  total $548,188 · program services $435,016 · management and general $113,172

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,149 · end of year $2,149

• 2 · Savings and temporary cash investments

  beginning of year $1,792,224 · end of year $1,795,690

• 3 · Pledges and grants receivable

  end of year $400

• 4 · Accounts receivable

  beginning of year $2,923,467 · end of year $3,462,383

• 8 · Inventories for sale or use

  beginning of year $186,389 · end of year $156,609

• 9 · Prepaid expenses and deferred charges

  beginning of year $884,554 · end of year $1,279,942

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

  $74,149,162

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

  $65,510,102

• 10c · Land, buildings and equipment, net

  beginning of year $9,584,950 · end of year $8,639,060

• 11 · Investments: publicly traded securities

  beginning of year $24,791,607 · end of year $26,768,768

• 12 · Investments: other securities

  beginning of year $3,256,268 · end of year $3,417,235

• 15 · Other assets

  beginning of year $20,969,693 · end of year $21,821,297

• 17 · Accounts payable and accrued expenses

  beginning of year $5,106,930 · end of year $4,003,878

• 19 · Deferred revenue

  end of year $115,339

• 21 · Escrow or custodial account liability

  beginning of year $622,223 · end of year $539,372

• 25 · Other liabilities

  beginning of year $41,675,508 · end of year $56,352,490

• 27 · Net assets without donor restrictions

  beginning of year -$32,091,323 · end of year -$45,088,474

• 28 · Net assets with donor restrictions

  beginning of year $49,077,963 · end of year $51,420,928

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION POLICY OF RELATED ORGANIZATION: THE PARENT ORGANIZATION, INGLIS FOUNDATION, RETAINS AN EXTERNAL FIRM TO CONDUCT MARKET STUDIES AND MAKE RECOMMENDATIONS FOR COMPENSATION. EXECUTIVE COMPENSATION IS EVALUATED ANNUALLY AND THE FINDINGS ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. AN ANNUAL BENCHMARK IS CONDUCTED FOR EXECUTIVE COMPENSATION AND FOR ANY POSITION THAT IS IN HIGH DEMAND, AND AN EXTERNAL FIRM PROVIDES OVERALL TRENDS FOR THE YEAR. COMPENSATION HAS BEEN REVIEWED IN 2022. THE ORGANIZATION USES THIS POLICY TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT/CEO: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

PART I, LINE 7

BONUSES ARE APPROVED BY THE COMMITTEE OF THE BOARD AND BOARD CHAIR. THE AMOUNTS WERE DETERMINED BY THE CEO AND THE BOARD BASED ON AN INCENTIVE PLAN CALLED SUCCESS MEASURES. THERE ARE VARIOUS PERFORMANCE TARGETS THAT MUST BE MET FOR THE ORGANIZATION THAT INCLUDE BOTH FINANCIAL AND NON-FINANCIAL MEASURES.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• INGLIS APARTMENTS AT ELMWOOD LP

  TO OWN AND OPERATE HOUSING UNITS FOR PERSONS WITH PHYSICAL DISABILITIES · PA

• MISSION GREEN LP

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• BELMONT SPECIALTY HOUSING I LP

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• BELMONT SPECIALTY HOUSING II LP

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• BELMONT SPECIALTY HOUSING GENERAL PARTNER I LP

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• BELMONT SPECIALTY HOUSING GENERAL PARTNER II LP

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• BELMONT SPECIALTY HOUSING MANAGER LLC

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• BELMONT SPECIALTY HOUSING GP II LLC

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• INGLIS METHODIST GARDENS LP

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• MAKEMIE COURT LP

  TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

Related corporations and trusts

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

• INGLIS APARTMENTS AT ELMWOOD INC

  C · TO PROVIDE HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES · PA

• INGLIS APARTMENTS AT MISSION GREEN INC

  C · TO PROVIDE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• PERPETUAL TRUSTS (25)

  T · INVESTMENTS · PA

• BELMONT SPECIALTY HOUSING MANAGER LLC

  C · TO PROVIDE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• INGLIS IMG INC

  C · TO PROVIDE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA

• IHC MAKEMIE HOUSING INC

  C · TO PROVIDE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS · PA