Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $6,549,841

• 1f · All other contributions, gifts and grants

  $169,682

• 2a · Program service revenue: NURSING HOME REVENUE

  total $13,733,716 · related or exempt $13,733,716

• 2b · Program service revenue: MANAGEMENT FEES

  total $2,284,577 · related or exempt $2,284,577

• 2c · Program service revenue: NURSING SERVICE & SUPPLIES

  total $630,601 · related or exempt $630,601

• 2d · Program service revenue: CATERING

  total $236,337 · related or exempt $236,337

• 2e · Program service revenue: ADULT DAY CARE

  total $79,145 · related or exempt $79,145

• 2f · All other program service revenue

  total $139,248 · related or exempt $139,248

• 3 · Investment income

  total $947 · excluded $947

• 6a · Gross rents

  real property $3,132

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $3,132

• 6d · Net rental income or loss

  total $3,132 · excluded $3,132

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

  other assets $426,052

• 7c · Gain or loss

  other assets -$426,052

• 7d · Net gain or loss

  total -$426,052 · excluded -$426,052

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $313,361 · management and general $313,361

• 7 · Other salaries and wages

  total $11,739,546 · program services $10,627,687 · management and general $1,111,859

• 8 · Pension plan contributions

  total $238,677 · program services $238,677

• 9 · Other employee benefits

  total $1,259,397 · program services $1,259,397

• 10 · Payroll taxes

  total $915,684 · program services $830,627 · management and general $85,057

• 11b · Fees: legal

  total $2,864 · management and general $2,864

• 11c · Fees: accounting

  total $56,453 · management and general $56,453

• 11g · Fees: other

  total $2,426,040 · program services $1,859,927 · management and general $566,113

• 12 · Advertising and promotion

  total $63,139 · management and general $63,139

• 13 · Office expenses

  total $154,917 · program services $47,152 · management and general $107,765

• 14 · Information technology

  total $346,324 · management and general $346,324

• 16 · Occupancy

  total $857,538 · program services $857,538

• 17 · Travel

  total $27,234 · program services $23,406 · management and general $3,828

• 19 · Conferences, conventions and meetings

  total $33,312 · program services $23,449 · management and general $9,863

• 20 · Interest

  total $390,616 · program services $390,616

• 22 · Depreciation, depletion and amortization

  total $1,684,268 · program services $1,624,917 · management and general $59,351

• 23 · Insurance

  total $159,126 · management and general $159,126

• 24a · Other expenses: RAW FOOD

  total $923,285 · program services $923,285

• 24b · Other expenses: SUPPLIES (NURSING, HOUS

  total $564,268 · program services $560,766 · management and general $3,502

• 24c · Other expenses: PROVIDER BED TAX

  total $231,200 · program services $231,200

• 24d · Other expenses: DRUGS/RX

  total $194,949 · program services $194,949

• 24e · All other expenses

  total $484,334 · program services $477,328 · management and general $7,006

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $298,638 · end of year $599,710

• 2 · Savings and temporary cash investments

  beginning of year $32,816 · end of year $0

• 4 · Accounts receivable

  beginning of year $925,644 · end of year $1,458,514

• 9 · Prepaid expenses and deferred charges

  beginning of year $209,757 · end of year $123,738

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

  $47,329,308

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

  $30,270,046

• 10c · Land, buildings and equipment, net

  beginning of year $17,776,552 · end of year $17,059,262

• 15 · Other assets

  beginning of year $16,758,483 · end of year $18,189,309

• 17 · Accounts payable and accrued expenses

  beginning of year $1,319,747 · end of year $2,070,256

• 21 · Escrow or custodial account liability

  beginning of year $18,221 · end of year $15,023

• 23 · Secured mortgages and notes payable

  beginning of year $14,281,693 · end of year $13,043,261

• 25 · Other liabilities

  beginning of year $934,694 · end of year $1,450,792

• 27 · Net assets without donor restrictions

  beginning of year $4,704,076 · end of year $4,463,653

• 28 · Net assets with donor restrictions

  beginning of year $14,743,459 · end of year $16,387,548

The filer's explanations (Part III)

PART I, LINE 4A

MICHAEL SATTELL RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $180,000 DURING CALENDAR YEAR 2024.

PART I, LINE 7

SCHEDULE J, PART II, COLUMN (B)(II) REPORTS DISCRETIONARY INCENTIVE AMOUNTS THAT WERE APPROVED BY THE BOARD BASED UPON PERFORMANCE.