Form 990 for tax year 2022

1c · Fundraising events

$80,271

1e · Government grants (contributions)

$114,966

1f · All other contributions, gifts and grants

$561,052

2a · Program service revenue: NET RESIDENT SERVICE REVENUE

total $44,645,629 · related or exempt $44,645,629

3 · Investment income

total $1,129,255 · excluded $1,129,255

6a · Gross rents

real property $1,508,921

6b · Less rental expenses

real property $599,866

6c · Rental income or loss

real property $909,055

6d · Net rental income or loss

total $909,055 · excluded $909,055

7a · Gross sales of assets other than inventory

securities $18,028,543 · other assets $16,250

7b · Less cost or other basis and sales expenses

securities $18,424,924 · other assets $23,840

7c · Gain or loss

securities -$396,381 · other assets -$7,590

7d · Net gain or loss

total -$403,971 · excluded -$403,971

8a · Fundraising events: gross income

$91,430

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

$80,271

8b · Fundraising events: direct expenses

$91,430

8c · Net income from fundraising events

total $0

10a · Gross sales of inventory

$163,101

10b · Cost of goods sold

$27,912

10c · Net income from sales of inventory

total $135,189 · excluded $135,189

11a · Other revenue: MEALS

total $230,518 · excluded $230,518

11b · Other revenue: ADVERTISING

total $40,160 · unrelated business $40,160

11c · Other revenue: GUEST ROOM

total $39,733 · excluded $39,733

11d · All other revenue

total $31,372 · excluded $31,372

11e · Other revenue, total

$341,783

1 · Grants to domestic organizations and governments

total $920,992 · program services $920,992

7 · Other salaries and wages

total $13,987,866 · program services $13,779,819 · management and general $60,341 · fundraising $147,706

8 · Pension plan contributions

total $380,298 · program services $373,968 · management and general $2,555 · fundraising $3,775

9 · Other employee benefits

total $1,818,722 · program services $1,792,211 · management and general $6,949 · fundraising $19,562

10 · Payroll taxes

total $1,030,366 · program services $1,018,479 · management and general $1,368 · fundraising $10,519

11a · Fees: management

total $3,207,796 · program services $4,015 · management and general $3,203,781

11b · Fees: legal

total $22,208 · program services $682 · management and general $21,526

11c · Fees: accounting

total $6,750 · management and general $6,750

11d · Fees: lobbying

total $30,464 · management and general $30,464

11f · Fees: investment management

total $85,647 · management and general $85,647

11g · Fees: other

total $3,167,795 · program services $3,107,522 · management and general $60,273

12 · Advertising and promotion

total $373,116 · program services $372,796 · management and general $320

13 · Office expenses

total $369,889 · program services $202,022 · management and general $162,623 · fundraising $5,244

14 · Information technology

total $1,390,442 · program services $180,796 · management and general $1,203,089 · fundraising $6,557

16 · Occupancy

total $2,718,186 · program services $2,669,676 · management and general $48,510

17 · Travel

total $107,844 · program services $51,753 · management and general $56,091

20 · Interest

total $2,041,806 · program services $2,041,806

22 · Depreciation, depletion and amortization

total $7,859,401 · program services $7,859,401

23 · Insurance

total $553,478 · management and general $553,478

24a · Other expenses: FOOD

total $1,976,513 · program services $1,962,645 · management and general $13,613 · fundraising $255

24b · Other expenses: MEDICAL SUPPLIES

total $1,434,721 · program services $1,428,444 · management and general $6,277

24c · Other expenses: MAINTENANCE & REPAIRS

total $530,351 · program services $528,254 · management and general $2,097

24d · Other expenses: EMPLOYEE EXPENSES

total $401,940 · program services $26,181 · management and general $375,759

24e · All other expenses

total $1,182,563 · program services $684,019 · management and general $492,760 · fundraising $5,784

1 · Cash, non-interest-bearing

beginning of year $1,478,911 · end of year $2,792,525

2 · Savings and temporary cash investments

beginning of year $4,447,322 · end of year $5,625,635

4 · Accounts receivable

beginning of year $947,822 · end of year $1,122,123

8 · Inventories for sale or use

beginning of year $119,750 · end of year $125,361

9 · Prepaid expenses and deferred charges

beginning of year $1,554,436 · end of year $1,217,305

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

$226,214,765

10b · Land, buildings and equipment: accumulated depreciation

$99,868,479

10c · Land, buildings and equipment, net

beginning of year $128,509,560 · end of year $126,346,286

11 · Investments: publicly traded securities

beginning of year $33,138,656 · end of year $32,752,087

15 · Other assets

beginning of year $7,572,168 · end of year $9,798,091

17 · Accounts payable and accrued expenses

beginning of year $3,362,835 · end of year $3,944,928

19 · Deferred revenue

beginning of year $80,378,050 · end of year $78,476,982

21 · Escrow or custodial account liability

beginning of year $2,623,826 · end of year $2,044,846

23 · Secured mortgages and notes payable

beginning of year $60,701,009 · end of year $58,044,445

25 · Other liabilities

beginning of year $4,368,657 · end of year $6,062,202

27 · Net assets without donor restrictions

beginning of year $25,816,840 · end of year $30,908,540

28 · Net assets with donor restrictions

beginning of year $517,408 · end of year $297,470

GSV LLC

LEASE A BUILDING FOR USE AS MEDICAL OFFICES · PA · income $1,466,935 · assets $15,550,085

Directly controlled by GARDEN SPOT VILLAGE