Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $19,165

• 1f · All other contributions, gifts and grants

  $409,644

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

  total $12,438,847 · related or exempt $12,438,847

• 2b · Program service revenue: RESIDENT/EMPLOYEE/GUEST MEALS

  total $189,993 · related or exempt $189,993

• 2c · Program service revenue: MANAGEMENT FEES

  total $244,835 · related or exempt $244,835

• 2d · Program service revenue: WELLNESS CENTER

  total $7,138 · related or exempt $7,138

• 2e · Program service revenue: OTHER REVENUE

  total $66,131 · related or exempt $66,131

• 2f · All other program service revenue

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

• 3 · Investment income

  total $387,256 · excluded $387,256

• 5 · Royalties

  total $9,495 · excluded $9,495

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $13,487,921

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

  securities $13,460,792 · other assets $16,710

• 7c · Gain or loss

  securities $27,129 · other assets -$16,710

• 7d · Net gain or loss

  total $10,419 · excluded $10,419

• 8a · Fundraising events: gross income

  $2,310

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

  $19,165

• 8b · Fundraising events: direct expenses

  $7,235

• 8c · Net income from fundraising events

  total -$4,925 · excluded -$4,925

• 11d · All other revenue

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

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 11a · Fees: management

  total $1,088,352 · program services $1,088,352

• 11d · Fees: lobbying

  total $2,080 · management and general $2,080

• 11f · Fees: investment management

  total $33,607 · management and general $33,607

• 11g · Fees: other

  total $7,979,538 · program services $7,465,062 · management and general $358,762 · fundraising $155,714

• 12 · Advertising and promotion

  total $33,227 · program services $24,597 · management and general $2,242 · fundraising $6,388

• 13 · Office expenses

  total $164,753 · program services $132,795 · management and general $31,958

• 14 · Information technology

  total $21,864 · program services $14,605 · management and general $7,259

• 16 · Occupancy

  total $718,343 · program services $701,827 · management and general $16,516

• 17 · Travel

  total $7,906 · program services $7,906

• 19 · Conferences, conventions and meetings

  total $14,410 · program services $9,817 · management and general $4,593

• 20 · Interest

  total $417,027 · program services $417,027

• 22 · Depreciation, depletion and amortization

  total $1,439,927 · program services $1,435,624 · management and general $4,303

• 23 · Insurance

  total $243,833 · program services $243,681 · management and general $152

• 24a · Other expenses: FOOD

  total $610,841 · program services $610,841

• 24b · Other expenses: MEDICAL SUPPLIES

  total $193,049 · program services $193,049

• 24c · Other expenses: PROVISION FOR UNCOLLECT. ACC

  total $143,716 · program services $143,716

• 24d · Other expenses: EQUPMENT, REPAIRS & MAINT.

  total $132,417 · program services $129,475 · management and general $2,942

• 24e · All other expenses

  total $221,927 · program services $207,623 · management and general $10,485 · fundraising $3,819

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $819 · end of year $800

• 2 · Savings and temporary cash investments

  beginning of year $3,192,410 · end of year $6,261,772

• 3 · Pledges and grants receivable

  beginning of year $377,658 · end of year $218,707

• 4 · Accounts receivable

  beginning of year $763,634 · end of year $621,569

• 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 $95,927 · end of year $93,330

• 9 · Prepaid expenses and deferred charges

  beginning of year $100,518 · end of year $124,544

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

  $44,134,070

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

  $16,265,912

• 10c · Land, buildings and equipment, net

  beginning of year $27,871,457 · end of year $27,868,158

• 11 · Investments: publicly traded securities

  beginning of year $3,693,621 · end of year $4,447,488

• 12 · Investments: other securities

  beginning of year $2,343,699 · end of year $191,571

• 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 $1,628,019 · end of year $1,572,969

• 17 · Accounts payable and accrued expenses

  beginning of year $913,847 · end of year $1,017,873

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $6,552,329 · end of year $6,231,896

• 20 · Tax-exempt bond liabilities

  beginning of year $11,495,627 · end of year $11,131,446

• 21 · Escrow or custodial account liability

  beginning 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 $0

• 24 · Unsecured notes and loans payable

  beginning of year $0

• 25 · Other liabilities

  beginning of year $10,521,188 · end of year $11,767,462

• 27 · Net assets without donor restrictions

  beginning of year $10,327,290 · end of year $11,047,237

• 28 · Net assets with donor restrictions

  beginning of year $257,481 · end of year $204,994

The filer's explanations (Part III)

Schedule J, Part I, Line 3 PROCESS TO ESTABLISH COMPENSATION

THE COMPENSATION OF THE CEO IS DETERMINED BY THE SUBCOMMITTEE OF THE BOARD OF BLUESTEM COMMUNITIES, INC., A RELATED ORGANIZATION. THE SUBCOMMITTEE USES A COMPENSATION SURVEY OR STUDY, AND THE COMPENSATION IS APPROVED BY THE FULL BOARD OF DIRECTORS OF BLUESTEM COMMUNITIES.