Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $539,528

• 2a · Program service revenue: BETHANY VILLAGE RESIDENT FEES

  total $43,090,491 · related or exempt $43,090,491

• 2b · Program service revenue: MEDICARE/MEDICAID REVENUE

  total $15,186,457 · related or exempt $15,186,457

• 2c · Program service revenue: RELATED ENTITY MGMT SERVICES

  total $2,983,388 · related or exempt $2,983,388

• 3 · Investment income

  total $1,301,878 · excluded $1,301,878

• 6a · Gross rents

  real property $95,004

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $95,004

• 6d · Net rental income or loss

  total $95,004 · excluded $95,004

• 7a · Gross sales of assets other than inventory

  other assets $9,500

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

  other assets $0

• 7c · Gain or loss

  other assets $9,500

• 7d · Net gain or loss

  total $9,500 · excluded $9,500

• 10a · Gross sales of inventory

  $9,137

• 10b · Cost of goods sold

  $5,327

• 10c · Net income from sales of inventory

  total $3,810 · excluded $3,810

• 11a · Other revenue: BOOKKEEPING FEES

  total $6,528 · unrelated business $6,528

• 11d · All other revenue

  total $3,412 · excluded $3,412

• 11e · Other revenue, total

  $9,940

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,017,197 · management and general $1,017,197

• 7 · Other salaries and wages

  total $24,367,574 · program services $21,580,135 · management and general $2,638,924 · fundraising $148,515

• 8 · Pension plan contributions

  total $405,301 · program services $319,040 · management and general $82,133 · fundraising $4,128

• 9 · Other employee benefits

  total $3,944,278 · program services $3,414,094 · management and general $506,821 · fundraising $23,363

• 10 · Payroll taxes

  total $1,951,740 · program services $1,683,670 · management and general $257,571 · fundraising $10,499

• 11b · Fees: legal

  total $128,895 · program services $29,281 · management and general $99,614

• 11c · Fees: accounting

  total $94,610 · management and general $94,610

• 11f · Fees: investment management

  total $60,000 · management and general $60,000

• 12 · Advertising and promotion

  total $364,812 · program services $307,763 · management and general $57,049

• 13 · Office expenses

  total $173,640 · program services $50,370 · management and general $112,281 · fundraising $10,989

• 16 · Occupancy

  total $4,213,339 · program services $4,189,228 · management and general $24,111

• 17 · Travel

  total $218,610 · program services $206,624 · management and general $11,230 · fundraising $756

• 19 · Conferences, conventions and meetings

  total $25,503 · program services $4,714 · management and general $20,789

• 20 · Interest

  total $3,944,816 · program services $3,944,816

• 22 · Depreciation, depletion and amortization

  total $8,414,157 · program services $8,076,683 · management and general $337,474

• 23 · Insurance

  total $617,209 · program services $562,892 · management and general $54,317

• 24a · Other expenses: PURCHASED SERVICES

  total $3,530,432 · program services $3,194,896 · management and general $308,036 · fundraising $27,500

• 24b · Other expenses: REPAIR & MAINTENANCE

  total $2,144,655 · program services $1,348,623 · management and general $771,969 · fundraising $24,063

• 24c · Other expenses: FOOD

  total $1,819,465 · program services $1,813,907 · management and general $5,558

• 24d · Other expenses: SUPPLIES

  total $1,373,746 · program services $1,321,044 · management and general $52,361 · fundraising $341

• 24e · All other expenses

  total $2,776,530 · program services $1,514,992 · management and general $1,258,317 · fundraising $3,221

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,723,994 · end of year $6,896,923

• 4 · Accounts receivable

  beginning of year $5,279,648 · end of year $6,217,968

• 8 · Inventories for sale or use

  beginning of year $198,310 · end of year $173,864

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,917,110 · end of year $1,933,413

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

  $207,476,476

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

  $111,130,596

• 10c · Land, buildings and equipment, net

  beginning of year $88,385,055 · end of year $96,345,880

• 11 · Investments: publicly traded securities

  beginning of year $29,869,390 · end of year $35,271,727

• 15 · Other assets

  beginning of year $10,667,420 · end of year $929,975

• 17 · Accounts payable and accrued expenses

  beginning of year $7,170,080 · end of year $6,657,380

• 19 · Deferred revenue

  beginning of year $30,292,733 · end of year $34,744,377

• 20 · Tax-exempt bond liabilities

  beginning of year $80,446,378 · end of year $78,987,281

• 21 · Escrow or custodial account liability

  beginning of year $53,260 · end of year $63,332

• 27 · Net assets without donor restrictions

  beginning of year $22,798,940 · end of year $27,023,204

• 28 · Net assets with donor restrictions

  beginning of year $279,536 · end of year $294,176

The filer's explanations (Part III)

PART I, LINE 4B

NON-QUALIFIED DEFERRED COMPENSATION PLAN, SECTION 457(B): JUDY A. BUDI, EMPLOYEE CONTRIBUTION - $2,500, EMPLOYER CONTRIBUTION - $2,400

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• GW REAL PROPERTY LLC

  TO HOLD REAL ESTATE · OH · income $3,412 · assets $244,114

  Directly controlled by GRACEWORKS LUTHERAN SERVICES