Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MGMT/AFFILIATE SUPPORT

  total $7,779,945 · related or exempt $7,779,945

• 2b · Program service revenue: NET RESIDENT REVENUE

  total $5,481,005 · related or exempt $5,481,005

• 2f · All other program service revenue

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

• 3 · Investment income

  total $34,870 · excluded $34,870

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $870,108

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

  securities $881,002

• 7c · Gain or loss

  securities -$10,894 · other assets $0

• 7d · Net gain or loss

  total -$10,894 · excluded -$10,894

• 11a · Other revenue: MISCELLANEOUS

  total $12,984 · related or exempt $12,984

• 11b · Other revenue: GUEST ROOM INCOME

  total $10,500 · related or exempt $10,500

• 11d · All other revenue

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

• 11e · Other revenue, total

  $23,484

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,830 · program services $12,830

• 5 · Compensation of officers, directors and key employees

  total $1,399,013 · program services $1,136,913 · management and general $262,100

• 7 · Other salaries and wages

  total $6,317,362 · program services $5,133,827 · management and general $1,183,535

• 8 · Pension plan contributions

  total $173,009 · program services $140,596 · management and general $32,413

• 9 · Other employee benefits

  total $1,108,844 · program services $901,106 · management and general $207,738

• 10 · Payroll taxes

  total $557,803 · program services $453,301 · management and general $104,502

• 11b · Fees: legal

  total $71,099 · management and general $71,099

• 11c · Fees: accounting

  total $47,741 · management and general $47,741

• 11g · Fees: other

  total $1,017,198 · program services $1,017,198 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $212,906 · program services $212,906

• 13 · Office expenses

  total $866,760 · management and general $866,760

• 14 · Information technology

  total $136,380 · program services $136,380

• 16 · Occupancy

  total $492,260 · program services $492,260

• 17 · Travel

  total $145,035 · program services $145,035

• 19 · Conferences, conventions and meetings

  total $15,486 · management and general $15,486

• 20 · Interest

  total $586,535 · program services $586,535

• 22 · Depreciation, depletion and amortization

  total $572,949 · program services $572,949

• 23 · Insurance

  total $89,438 · program services $89,438

• 24a · Other expenses: FACILITY MANAGEMENT

  total $298,109 · program services $298,109

• 24b · Other expenses: OTHER

  total $172,682 · program services $172,682

• 24c · Other expenses: PROF. DEVELOPMENT

  total $110,129 · program services $110,129

• 24d · Other expenses: REPAIRS & MAINTENANCE

  total $18,799 · program services $18,799

• 24e · All other expenses

  total $16,124 · program services $16,124 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $200 · end of year $1,200

• 2 · Savings and temporary cash investments

  beginning of year $4,065,692 · end of year $5,942,569

• 4 · Accounts receivable

  beginning of year $339,752 · end of year $941,640

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $688 · end of year $768

• 9 · Prepaid expenses and deferred charges

  beginning of year $116,884 · end of year $465,133

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

  $17,432,764

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

  $2,072,227

• 10c · Land, buildings and equipment, net

  beginning of year $730,699 · end of year $15,360,537

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $9,434,314 · end of year $5,019,596

• 17 · Accounts payable and accrued expenses

  beginning of year $3,008,888 · end of year $5,363,026

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  end of year $14,442,992

• 25 · Other liabilities

  beginning of year $4,511,841 · end of year $2,153,508

• 27 · Net assets without donor restrictions

  beginning of year $7,167,500 · end of year $5,771,917

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

MARK KING - $0 JINNY LONGBRAKE - $0 2000 SERP: EFFECTIVE JANUARY 1, 2000, THE BOARD OF DIRECTORS OF GREENCROFT GOSHEN ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN UNDER SECTION 457(F) ((AN UNQUALIFIED PLAN)) TO PROVIDE ITS EXECUTIVE GROUP OF EMPLOYEES WITH CERTAIN RETIREMENT BENEFITS. THE EXECUTIVE MUST HAVE BEEN EMPLOYED UNTIL AGE 62 TO RECEIVE THE BENEFIT. THIS PLAN ENDED. THE PLAN WAS RESTATED IN 2005 TO A QUALIFIED PLAN. NO PAYMENTS WERE MADE TO LISTED PERSONS IN CALENDAR YEAR 2025. PARTICIPANTS OF THE RESTATED 2005 PLAN (UNDER SECTION 457(B)) FOR FISCAL YEAR 2025 ARE JINNY LONGBRAKE, MARK KING AND LYNDA OLINSKI.

Schedule J, Part I, Line 7 Non-fixed payments

A COMPLETE DESCRIPTION OF THE ORGANIZATION'S COMPENSATION PHILOSOPHY AND METHODOLOGY FOR ESTABLISHING COMPENSATION IS PROVIDED ON SCHEDULE O UNDER THE HEADING "FORM 990, PART VI. SECTION B, LINE 15."

Disregarded entities

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

• THE WINDSOR OF SAVOY

  HOUSING · IN · income $5,490,448 · assets $19,115,561

  Directly controlled by GRC

• WINDSOR OF SAVOY F&B LLC

  HOUSING · IN · income $0 · assets $0

  Directly controlled by GRC

Related corporations and trusts

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

• GREENCROFT MANAGEMENT INC

  C Corporation · MGMT SERVICES · IN · 100% owned · share of income -$5,050 · share of assets $46,891 · controlled entity

  Directly controlled by GRC