Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $167,761

• 2a · Program service revenue: RESIDENT CHARGES

  total $28,218,092 · related or exempt $28,218,092

• 2b · Program service revenue: HEALTH CENTER - CHRRC

  total $4,901,291 · related or exempt $4,901,291

• 2c · Program service revenue: GUESTS' MEALS AND LODG

  total $249,452 · related or exempt $249,452

• 2f · All other program service revenue

  total $191,329 · related or exempt $191,329

• 3 · Investment income

  total $2,644,025 · excluded $2,644,025

• 6a · Gross rents

  real property $163,200

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $163,200

• 6d · Net rental income or loss

  total $163,200 · excluded $163,200

• 7a · Gross sales of assets other than inventory

  securities $50,760,920

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

  securities $46,449,100 · other assets $263,334

• 7c · Gain or loss

  securities $4,311,820 · other assets -$263,334

• 7d · Net gain or loss

  total $4,048,486 · excluded $4,048,486

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $856,775 · program services $856,775

• 2 · Grants to domestic individuals

  total $51,333 · program services $51,333

• 7 · Other salaries and wages

  total $16,110,697 · program services $13,952,529 · management and general $2,158,168

• 8 · Pension plan contributions

  total $550,776 · program services $468,796 · management and general $81,980

• 9 · Other employee benefits

  total $2,436,023 · program services $1,999,235 · management and general $436,788

• 10 · Payroll taxes

  total $1,208,053 · program services $1,061,153 · management and general $146,900

• 11b · Fees: legal

  total $51,507 · management and general $51,507

• 11c · Fees: accounting

  total $92,881 · management and general $92,881

• 11f · Fees: investment management

  total $238,138 · management and general $238,138

• 11g · Fees: other

  total $1,202,311 · program services $857,527 · management and general $344,784

• 12 · Advertising and promotion

  total $56,203 · management and general $56,203

• 13 · Office expenses

  total $1,412,075 · program services $613,166 · management and general $798,909

• 16 · Occupancy

  total $1,367,321 · program services $1,170,374 · management and general $196,947

• 17 · Travel

  total $30,828 · management and general $30,828

• 20 · Interest

  total $855,200 · program services $649,952 · management and general $205,248

• 22 · Depreciation, depletion and amortization

  total $4,355,220 · program services $3,309,967 · management and general $1,045,253

• 23 · Insurance

  total $347,250 · management and general $347,250

• 24a · Other expenses: FOOD PURCHASES

  total $2,062,046 · program services $2,062,046

• 24b · Other expenses: SUPPLIES AND SMALL EQU

  total $1,055,699 · program services $796,221 · management and general $259,478

• 24c · Other expenses: MAINTENANCE AND REPAIRS

  total $993,031 · program services $957,948 · management and general $35,083

• 24d · Other expenses: LICENSES AND DUES

  total $623,349 · program services $61,682 · management and general $561,667

• 24e · All other expenses

  total $13,177 · program services $13,177

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $177,663 · end of year $177,386

• 2 · Savings and temporary cash investments

  beginning of year $2,440,892 · end of year $4,402,227

• 4 · Accounts receivable

  beginning of year $1,667,307 · end of year $2,212,581

• 8 · Inventories for sale or use

  beginning of year $226,920 · end of year $239,628

• 9 · Prepaid expenses and deferred charges

  beginning of year $307,550 · end of year $314,647

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

  $130,088,985

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

  $63,590,552

• 10c · Land, buildings and equipment, net

  beginning of year $61,981,172 · end of year $66,498,433

• 11 · Investments: publicly traded securities

  beginning of year $55,072,345 · end of year $53,948,629

• 15 · Other assets

  beginning of year $125,397

• 17 · Accounts payable and accrued expenses

  beginning of year $3,894,896 · end of year $3,172,898

• 19 · Deferred revenue

  beginning of year $53,159,586 · end of year $55,602,563

• 20 · Tax-exempt bond liabilities

  beginning of year $28,652,922 · end of year $26,087,417

• 24 · Unsecured notes and loans payable

  beginning of year $2,651,624 · end of year $7,562,038

• 27 · Net assets without donor restrictions

  beginning of year $33,585,267 · end of year $35,354,865

• 28 · Net assets with donor restrictions

  beginning of year $54,951 · end of year $13,750

The filer's explanations (Part III)

PART I, LINE 3

ANNUALLY, THE EXECUTIVE COMMITTEE OF THE ORGANIZATION WILL REVIEW THE OFFICERS (PRESIDENT/CEO, CFO) AS WELL AS KEY DEPARTMENT DIRECTOR POSITIONS. THIS IS DOCUMENTED IN THE ORGANIZATION'S MINUTES EVERY THREE TO FOUR YEARS. THE EXECUTIVE COMMITTEE OF THE ORGANIZATION'S BOARD RETAINS AN OUTSIDE CONSULTING FIRM TO ASSESS THE SALARIES OF ITS CORPORATE OFFICERS AS WELL AS KEY DEPARTMENT DIRECTOR POSITIONS. A REPORT IS PREPARED AND PRESENTED TO THE EXECUTIVE COMMITTEE FOR REVIEW. THIS INDEPENDENT, EXTERNAL PROCESS WAS LAST COMPLETED IN 2023.