Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,552,194

• 1f · All other contributions, gifts and grants

  $41,073

• 1g · Noncash contributions included above

  $57,640

• 2a · Program service revenue: LIFE TENANCY

  total $5,610,217 · related or exempt $5,610,217

• 2b · Program service revenue: NURSING CARE

  total $3,383,423 · related or exempt $3,383,423

• 2c · Program service revenue: SENIOR HOUSING

  total $88,211 · related or exempt $88,211

• 3 · Investment income

  total $71,571 · excluded $71,571

• 7a · Gross sales of assets other than inventory

  other assets $593,529

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

  other assets $0

• 7c · Gain or loss

  other assets $593,529

• 7d · Net gain or loss

  total $593,529 · excluded $593,529

• 11a · Other revenue: OTHER PERSONAL SERVICES FOR RESID

  total $27,330 · excluded $27,330

• 11b · Other revenue: MISCELLANEOUS REVENUE

  total $10,399 · excluded $10,399

• 11c · Other revenue: CATERING SERVICES

  total $7,250 · excluded $7,250

• 11e · Other revenue, total

  $44,979

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $6,063,145 · program services $5,461,706 · management and general $601,439

• 9 · Other employee benefits

  total $639,403 · program services $599,698 · management and general $39,705

• 10 · Payroll taxes

  total $459,169 · program services $412,198 · management and general $46,971

• 11b · Fees: legal

  total $21,700 · program services $10,639 · management and general $11,061

• 11c · Fees: accounting

  total $76,006 · program services $1,700 · management and general $74,306

• 11f · Fees: investment management

  total $579,519 · program services $579,519

• 11g · Fees: other

  total $944,840 · program services $803,434 · management and general $141,406

• 12 · Advertising and promotion

  total $36,848 · program services $36,848

• 13 · Office expenses

  total $466,956 · program services $441,203 · management and general $25,753

• 14 · Information technology

  total $149,991 · program services $139,495 · management and general $10,496

• 16 · Occupancy

  total $907,975 · program services $886,336 · management and general $21,639

• 17 · Travel

  total $18,782 · program services $9,791 · management and general $8,991

• 19 · Conferences, conventions and meetings

  total $8,257 · program services $6,709 · management and general $1,548

• 20 · Interest

  total $447,625 · program services $380,759 · management and general $66,866

• 22 · Depreciation, depletion and amortization

  total $834,152 · program services $793,175 · management and general $40,977

• 23 · Insurance

  total $415,705 · program services $282,194 · management and general $133,511

• 24a · Other expenses: RESIDENT RELATED SUPPLI

  total $858,263 · program services $856,202 · management and general $2,061

• 24b · Other expenses: MAINTENANCE AND REPAIRS

  total $228,286 · program services $225,590 · management and general $2,696

• 24c · Other expenses: BAD DEBT

  total $184,721 · program services $184,721

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $92,390 · program services $68,854 · management and general $23,536

• 24e · All other expenses

  total $54,482 · program services $43,743 · management and general $10,739

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,103,465 · end of year $2,640,364

• 2 · Savings and temporary cash investments

  beginning of year $703,444 · end of year $740,676

• 4 · Accounts receivable

  beginning of year $3,078,948 · end of year $1,998,093

• 8 · Inventories for sale or use

  beginning of year $62,457 · end of year $67,434

• 9 · Prepaid expenses and deferred charges

  beginning of year $406,027 · end of year $68,228

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

  $27,519,214

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

  $16,941,662

• 10c · Land, buildings and equipment, net

  beginning of year $10,740,339 · end of year $10,577,552

• 11 · Investments: publicly traded securities

  beginning of year $2,256,332 · end of year $2,187,397

• 12 · Investments: other securities

  beginning of year $623,441 · end of year $535,261

• 15 · Other assets

  beginning of year $5,533,144 · end of year $7,520,159

• 17 · Accounts payable and accrued expenses

  beginning of year $1,068,028 · end of year $574,514

• 19 · Deferred revenue

  beginning of year $15,167 · end of year $10,078

• 20 · Tax-exempt bond liabilities

  beginning of year $6,492,288 · end of year $6,115,240

• 21 · Escrow or custodial account liability

  beginning of year $36,188 · end of year $9,190

• 23 · Secured mortgages and notes payable

  beginning of year $2,044,168 · end of year $1,604,254

• 25 · Other liabilities

  beginning of year $11,392,331 · end of year $11,911,078

• 27 · Net assets without donor restrictions

  beginning of year $6,646,550 · end of year $4,740,104

• 28 · Net assets with donor restrictions

  beginning of year $1,812,877 · end of year $1,370,706

The filer's explanations (Part III)

PART I, LINE 4A

RONALD ESTES, PRESIDENT / CEO / CFO, DONNA TAYLOR, EXECUTIVE VP / COO, AND JULIE HOFFMANN, CONTROLLER, ALL RECEIVED SEVERANCE PAYMENTS.

Related corporations and trusts

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

• CHARITABLE TRUST (1)

  T · INVESTMENTS · AZ · 100% owned · controlled entity

  Directly controlled by LIFESTREAM COMPLETE SENIOR LIVING INC