Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $5,263

• 2a · Program service revenue: SENIOR HOUSING

  total $1,916,244 · related or exempt $1,916,244

• 2b · Program service revenue: LIFE TENANCY REVENUE

  total $108,312 · related or exempt $108,312

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

  other assets $2,989

• 7c · Gain or loss

  other assets -$2,989

• 7d · Net gain or loss

  total -$2,989 · excluded -$2,989

• 11a · Other revenue: MISC. REVENUES

  total $3,783 · excluded $3,783

• 11b · Other revenue: BEAUTY/BARBER SERVICES

  total $1,462 · excluded $1,462

• 11c · Other revenue: EMPLOYEE/GUEST MEALS

  total $63 · excluded $63

• 11e · Other revenue, total

  $5,308

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $434,362 · program services $434,362

• 9 · Other employee benefits

  total $72,330 · program services $72,330

• 10 · Payroll taxes

  total $32,428 · program services $32,428

• 11a · Fees: management

  total $117,904 · management and general $117,904

• 11g · Fees: other

  total $306,667 · program services $306,667

• 12 · Advertising and promotion

  total $21,399 · management and general $21,399

• 13 · Office expenses

  total $51,583 · management and general $51,583

• 14 · Information technology

  total $24,748 · management and general $24,748

• 16 · Occupancy

  total $267,126 · program services $267,126

• 17 · Travel

  total $3,046 · program services $3,046

• 19 · Conferences, conventions and meetings

  total $3,092 · management and general $3,092

• 20 · Interest

  total $198,649 · program services $198,649

• 22 · Depreciation, depletion and amortization

  total $323,098 · program services $323,098

• 23 · Insurance

  total $54,566 · management and general $54,566

• 24a · Other expenses: RESIDENT SERVICES / FOO

  total $111,125 · program services $111,125

• 24b · Other expenses: MAINTENANCE AND REPAIRS

  total $62,074 · program services $62,074

• 24c · Other expenses: DUES AND SUBSCRIPTIONS

  total $6,800 · management and general $6,800

• 24d · Other expenses: MISCELLANEOUS

  total $290 · program services $290

• 24e · All other expenses

  total $25 · program services $25

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $250 · end of year $1,000

• 2 · Savings and temporary cash investments

  beginning of year $329,631 · end of year $245,953

• 4 · Accounts receivable

  beginning of year $1,620 · end of year $245

• 9 · Prepaid expenses and deferred charges

  end of year $2,362

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

  $12,423,574

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

  $7,307,070

• 10c · Land, buildings and equipment, net

  beginning of year $5,203,707 · end of year $5,116,504

• 17 · Accounts payable and accrued expenses

  beginning of year $92,975 · end of year $95,091

• 19 · Deferred revenue

  beginning of year $353,680 · end of year $252,698

• 20 · Tax-exempt bond liabilities

  beginning of year $3,206,588 · end of year $3,206,588

• 23 · Secured mortgages and notes payable

  beginning of year $343,071 · end of year $239,005

• 25 · Other liabilities

  beginning of year $1,335,229 · end of year $1,428,191

• 27 · Net assets without donor restrictions

  beginning of year $203,665 · end of year $144,491

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3

THE FILING ORGANIZATION RELIED ON A RELATED ORGANIZATION TO ESTABLISH COMPENSATION FOR THE ORGANIZATION'S PRESIDENT & CEO. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.