Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $10,239

• 1e · Government grants (contributions)

  $35,239

• 1f · All other contributions, gifts and grants

  $585

• 2a · Program service revenue: NURSING SERVICES

  total $7,825,683 · related or exempt $7,825,683

• 2b · Program service revenue: RESIDENT SERVICES

  total $1,435,499 · related or exempt $1,435,499

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $61,041 · excluded $61,041

• 6a · Gross rents

  real property $36,615

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $36,615 · personal property $0

• 6d · Net rental income or loss

  total $36,615 · excluded $36,615

• 7a · Gross sales of assets other than inventory

  other assets $731,721

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

  other assets $0

• 7c · Gain or loss

  securities $0 · other assets $731,721

• 7d · Net gain or loss

  total $731,721 · excluded $731,721

• 11a · Other revenue: TV/PHONE/MAINTENANCE

  total $84,814 · related or exempt $84,814

• 11b · Other revenue: TRANSPORTATION

  total $26,918 · related or exempt $26,918

• 11c · Other revenue: BEAUTY/BARBER SHOP

  total $7,642 · related or exempt $7,642

• 11d · All other revenue

  total $26,627 · related or exempt $26,627 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $146,001

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,600 · program services $12,600

• 7 · Other salaries and wages

  total $3,691,217 · program services $3,485,577 · management and general $205,640

• 8 · Pension plan contributions

  total $107,087 · program services $101,121 · management and general $5,966

• 9 · Other employee benefits

  total $277,350 · program services $261,899 · management and general $15,451

• 10 · Payroll taxes

  total $359,908 · program services $339,857 · management and general $20,051

• 11a · Fees: management

  total $135,500 · management and general $135,500

• 11b · Fees: legal

  total $8,834 · management and general $8,834

• 11c · Fees: accounting

  total $23,152 · management and general $23,152

• 11g · Fees: other

  total $2,234,268 · program services $2,162,439 · management and general $71,829 · fundraising $0

• 12 · Advertising and promotion

  total $63,672 · management and general $63,672

• 13 · Office expenses

  total $595,835 · program services $506,460 · management and general $89,375

• 14 · Information technology

  total $9,049 · program services $7,691 · management and general $1,358

• 16 · Occupancy

  total $596,917 · program services $400,808 · management and general $196,109

• 17 · Travel

  total $16,806 · program services $16,806

• 20 · Interest

  total $845,782 · program services $845,782

• 22 · Depreciation, depletion and amortization

  total $901,028 · program services $901,028

• 23 · Insurance

  total $46,542 · program services $39,561 · management and general $6,981

• 24a · Other expenses: LICENSE & FEES

  total $461,075 · program services $446,827 · management and general $14,248

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $10,485 · program services $8,912 · management and general $1,573

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $148,131 · program services $148,131

• 24d · Other expenses: OTHER EXPENSES

  total $361,543 · program services $303,697 · management and general $57,846

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,078 · end of year $1,999

• 2 · Savings and temporary cash investments

  beginning of year $4,118,420 · end of year $3,289,769

• 4 · Accounts receivable

  beginning of year $556,307 · end of year $872,516

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $15,312 · end of year $18,429

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

  $22,534,254

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

  $10,772,878

• 10c · Land, buildings and equipment, net

  beginning of year $12,735,468 · end of year $11,761,376

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $731,000 · end of year $731,000

• 15 · Other assets

  beginning of year $178,932 · end of year $169,309

• 17 · Accounts payable and accrued expenses

  beginning of year $873,872 · end of year $981,179

• 19 · Deferred revenue

  beginning of year $1,658,354 · end of year $1,737,920

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $8,181,550 · end of year $7,497,524

• 24 · Unsecured notes and loans payable

  beginning of year $4,035,878 · end of year $3,651,536

• 25 · Other liabilities

  beginning of year $5,482,685 · end of year $5,406,246

• 27 · Net assets without donor restrictions

  beginning of year -$2,076,862 · end of year -$2,611,076

• 28 · Net assets with donor restrictions

  beginning of year $182,040 · end of year $181,069

The filer's explanations (Part III)

Schedule J, Part I

THIS ENTITY RELIED ON A RELATED ORGANIZATION THAT USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE PRESIDENT/CEO: 1. COMPENSATION SURVEY OR STUDY 2. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Related corporations and trusts

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

• GREENCROFT MANAGEMENT INC

  C Corporation · MGMT SERVICES · IN · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA