Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $128,457

• 1f · All other contributions, gifts and grants

  $669,072

• 3 · Investment income

  total $68,258 · excluded $68,258

• 7a · Gross sales of assets other than inventory

  securities $60,177 · other assets $3,589,977

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

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $60,177 · other assets $3,589,977

• 7d · Net gain or loss

  total $3,650,154 · excluded $3,650,154

• 8a · Fundraising events: gross income

  $26,788

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

  $128,457

• 8b · Fundraising events: direct expenses

  $39,861

• 8c · Net income from fundraising events

  total -$13,073 · excluded -$13,073

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $325,524 · program services $325,524

• 11f · Fees: investment management

  total $26,017 · management and general $26,017

• 11g · Fees: other

  total $184,987 · program services $154,809 · management and general $30,178

• 12 · Advertising and promotion

  total $24,607 · program services $23,468 · management and general $1,139

• 13 · Office expenses

  total $12,057 · program services $10 · management and general $12,047

• 17 · Travel

  total $119 · program services $81 · management and general $38

• 19 · Conferences, conventions and meetings

  total $829 · program services $271 · management and general $558

• 24a · Other expenses: RESTRICTED GIFTS

  total $162,380 · program services $51,878 · management and general $110,502

• 24b · Other expenses: LICENSES/MEMBERSHIP FEE

  total $9,239 · program services $7,688 · management and general $1,551

• 24c · Other expenses: ACTIVITIES FUND

  total $500 · program services $500

• 24d · Other expenses: CORPORATE FEES

  total $479 · program services $399 · management and general $80

• 24e · All other expenses

  total $69,416 · program services $22,177 · management and general $47,239

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $256,912 · end of year $171,572

• 3 · Pledges and grants receivable

  beginning of year $509,765 · end of year $391,966

• 4 · Accounts receivable

  end of year $264

• 9 · Prepaid expenses and deferred charges

  beginning of year $167

• 11 · Investments: publicly traded securities

  beginning of year $6,410,316 · end of year $6,439,517

• 12 · Investments: other securities

  beginning of year $5,510,851 · end of year $5,629,944

• 15 · Other assets

  beginning of year $122,775 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $5,658 · end of year $48,206

• 25 · Other liabilities

  beginning of year $392,613 · end of year $275,391

• 27 · Net assets without donor restrictions

  beginning of year $3,490,529 · end of year $4,635,959

• 28 · Net assets with donor restrictions

  beginning of year $8,921,986 · end of year $7,673,707

The filer's explanations (Part III)

PART I, LINE 3

METHODS USED TO DETERMINE COMPENSATION: COMPENSATION PAID BY BHI RETIREMENT COMMUNITIES IS DETERMINED BY THE REVIEW AND APPROVAL OF THE BHI SENIOR LIVING BOARD WHICH INCLUDES CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• WESLEY MANOR SOUTHSIDE LP

  RETIRE LIVING · IN · general or managing partner

Related corporations and trusts

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

• SLDEVELOPMENT INC

  C · GOLF COURSE · IN · controlled entity

• BHI HOME CARE INC

  C · HOME CARE · IN · controlled entity

• 1546 SHERMAN STREET LLC

  C · INVESTMENT COMPANY · MI · controlled entity