Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $16,375

• 1e · Government grants (contributions)

  $350,405

• 1f · All other contributions, gifts and grants

  $1,094,364

• 2a · Program service revenue: RESIDENT REVENUE

  total $9,683,492 · related or exempt $9,683,492

• 3 · Investment income

  total $36,221 · excluded $36,221

• 6a · Gross rents

  real property $446,007

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $446,007

• 6d · Net rental income or loss

  total $446,007 · related or exempt $446,007

• 7a · Gross sales of assets other than inventory

  other assets $3,000

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

  other assets $0

• 7c · Gain or loss

  other assets $3,000

• 7d · Net gain or loss

  total $3,000 · excluded $3,000

• 11a · Other revenue: MAINTENANCE ALLOCATION

  total $70,308 · excluded $70,308

• 11b · Other revenue: RESIDENT FUNDS

  total $24,620 · excluded $24,620

• 11c · Other revenue: CELL TOWER

  total $13,688 · unrelated business $13,688

• 11d · All other revenue

  total $15,838 · excluded $15,838

• 11e · Other revenue, total

  $124,454

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $4,755,842 · program services $4,362,558 · management and general $393,284

• 8 · Pension plan contributions

  total $19,104 · program services $13,810 · management and general $5,294

• 9 · Other employee benefits

  total $721,390 · program services $711,480 · management and general $9,910

• 10 · Payroll taxes

  total $465,660 · program services $329,759 · management and general $135,901

• 11b · Fees: legal

  total $36,722 · management and general $36,722

• 11c · Fees: accounting

  total $83,872 · management and general $83,872

• 11g · Fees: other

  total $3,097,754 · program services $2,774,840 · management and general $322,914

• 12 · Advertising and promotion

  total $1,743 · management and general $1,743

• 13 · Office expenses

  total $136,616 · program services $129,739 · management and general $6,877

• 16 · Occupancy

  total $527,617 · program services $527,617

• 17 · Travel

  total $3,724 · program services $3,724

• 19 · Conferences, conventions and meetings

  total $7,656 · program services $4,904 · management and general $2,752

• 20 · Interest

  total $99,130 · program services $99,130

• 22 · Depreciation, depletion and amortization

  total $509,200 · program services $509,200

• 23 · Insurance

  total $148,557 · program services $148,557

• 24a · Other expenses: SUPPLIES

  total $897,908 · program services $872,038 · management and general $25,870

• 24b · Other expenses: BAD DEBT EXPENSE

  total $648,007 · program services $648,007

• 24c · Other expenses: ASSESSMENT FEES

  total $485,093 · program services $485,093

• 24d · Other expenses: RECRUITMENT

  total $97,534 · management and general $97,534

• 24e · All other expenses

  total $129,751 · program services $11,328 · management and general $118,423

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $473,483 · end of year $417,338

• 4 · Accounts receivable

  beginning of year $1,389,771 · end of year $1,656,700

• 9 · Prepaid expenses and deferred charges

  beginning of year $254,666 · end of year $169,085

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

  $26,392,794

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

  $23,599,293

• 10c · Land, buildings and equipment, net

  beginning of year $2,914,943 · end of year $2,793,501

• 11 · Investments: publicly traded securities

  beginning of year $1,068,665 · end of year $1,016,023

• 15 · Other assets

  beginning of year $3,102,014 · end of year $9,517,876

• 17 · Accounts payable and accrued expenses

  beginning of year $1,095,469 · end of year $1,115,670

• 25 · Other liabilities

  beginning of year $5,524,949 · end of year $13,144,602

• 27 · Net assets without donor restrictions

  beginning of year $2,091,928 · end of year $817,854

• 28 · Net assets with donor restrictions

  beginning of year $491,196 · end of year $492,397

The filer's explanations (Part III)

PART I, LINE 3

THE HR COMMITTEE OF THE WEXNER HERITAGE VILLAGE BOARD OF DIRECTORS UTILIZED LOCAL MARKET KNOWLEDGE AND ANNUAL PERFORMANCE EVALUATIONS TO ESTABLISH COMPENSATION FOR EXECUTIVES. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS ESTABLISHED BY THE CEO, CFO & PRESIDENT UNDER GUIDELINES ESTABLISHED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGET PROCESS. THE PROCESS IS COMPLETED ANNUALLY AND WAS LAST COMPLETED IN 2022.