Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,476,891

• 2a · Program service revenue: RESIDENT SERVICE REV.

  total $7,775,097 · related or exempt $7,775,097

• 2b · Program service revenue: OTHER PATIENT REVENUE

  total $52,433 · related or exempt $52,433

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $363,798 · program services $363,798

• 5 · Compensation of officers, directors and key employees

  total $156,217 · management and general $156,217

• 7 · Other salaries and wages

  total $3,248,373 · program services $2,066,632 · management and general $1,181,741

• 8 · Pension plan contributions

  total $11,062 · program services $9,679 · management and general $1,383

• 9 · Other employee benefits

  total $510,469 · program services $430,177 · management and general $80,292

• 10 · Payroll taxes

  total $103,448 · program services $87,045 · management and general $16,403

• 11c · Fees: accounting

  total $120,857 · management and general $120,857

• 11g · Fees: other

  total $114,617 · program services $39,825 · management and general $74,792

• 12 · Advertising and promotion

  total $27,674 · management and general $27,674

• 13 · Office expenses

  total $69,211 · program services $7,867 · management and general $61,344

• 16 · Occupancy

  total $699,594 · program services $667,667 · management and general $31,927

• 19 · Conferences, conventions and meetings

  total $2,213 · program services $486 · management and general $1,727

• 20 · Interest

  total $62,745 · management and general $62,745

• 22 · Depreciation, depletion and amortization

  total $804,154 · program services $765,858 · management and general $38,296

• 23 · Insurance

  total $112,903 · management and general $112,903

• 24a · Other expenses: DIETARY SUPPLIES

  total $1,359,837 · program services $1,359,837

• 24b · Other expenses: HOUSEKEEPING SERVICES

  total $594,060 · program services $594,060

• 24c · Other expenses: MISCELLANEOUS

  total $71,296 · management and general $71,296

• 24d · Other expenses: NURSING SUPPLIES

  total $39,535 · program services $39,535

• 24e · All other expenses

  total $20,505 · program services $10,845 · management and general $9,660

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $626,377 · end of year $664,925

• 4 · Accounts receivable

  beginning of year $150,421 · end of year $1,210,281

• 9 · Prepaid expenses and deferred charges

  beginning of year $46,578 · end of year $49,736

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

  $25,729,165

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

  $15,464,914

• 10c · Land, buildings and equipment, net

  beginning of year $10,722,639 · end of year $10,264,251

• 15 · Other assets

  beginning of year $0 · end of year $253,455

• 17 · Accounts payable and accrued expenses

  beginning of year $261,172 · end of year $334,465

• 19 · Deferred revenue

  beginning of year $399,859 · end of year $390,292

• 23 · Secured mortgages and notes payable

  beginning of year $1,595,935 · end of year $1,100,000

• 25 · Other liabilities

  beginning of year $1,967,619 · end of year $2,090,734

• 27 · Net assets without donor restrictions

  beginning of year $7,321,430 · end of year $7,147,320

• 28 · Net assets with donor restrictions

  end of year $1,379,837

The filer's explanations (Part III)

PART I, LINE 3

PART I, LINE 3: THE CEO/EXECUTIVE DIRECTOR OF WAVENY CARE CENTER HEALTH SERVICE, INC. IS PAID BY A RELATED ORGANIZATION, WAVENY CARE CENTER, INC., WHICH USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4A

CHRISTENE FREEDMAN RECEIVED $32,512 IN SEVERANCE PAY.

PART I, LINE 7

ALL COMPENSATION IS PAID BY RELATED ORGANIZATION WAVENY CARE CENTER, INC. THE BOARD OF DIRECTORS DOES A REVIEW OF THE PERFORMANCE OF THE INDIVDIUALS DURING THE YEAR COMPARED TO VARIOUS PERFORMANCE METRIC. AFTER REVIEWING ALL THE INFORMATION, THE INDIVIDUALS WERE AWARDED A DISCRETIONARY BONUS. ALL BONUS PAYMENTS ARE REVIEWED AS PART OF THE INDIVIDUALS FULL COMPENSATION PACKAGE TO MAKE SURE COMPENSATION IS REASONABLE.