Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $13,966

• 2a · Program service revenue: RESIDENT SERVICES REVENUE

  total $12,962,078 · related or exempt $12,962,078

• 3 · Investment income

  total $105,313 · excluded $105,313

• 11a · Other revenue: OTHER INCOME

  total $75,878 · excluded $75,878

• 11e · Other revenue, total

  $75,878

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $8,035,022 · program services $7,078,051 · management and general $956,971

• 8 · Pension plan contributions

  total $119,989 · program services $115,669 · management and general $4,320

• 9 · Other employee benefits

  total $801,888 · program services $773,020 · management and general $28,868

• 10 · Payroll taxes

  total $638,097 · program services $615,125 · management and general $22,972

• 11b · Fees: legal

  total $926 · management and general $926

• 11c · Fees: accounting

  total $19,598 · management and general $19,598

• 11g · Fees: other

  total $945,324 · program services $945,324

• 12 · Advertising and promotion

  total $17,714 · program services $17,714

• 13 · Office expenses

  total $153,170 · program services $148,446 · management and general $4,724

• 14 · Information technology

  total $38,181 · program services $38,181

• 16 · Occupancy

  total $620,313 · program services $239,441 · management and general $380,872

• 17 · Travel

  total $4,721 · program services $1,822 · management and general $2,899

• 19 · Conferences, conventions and meetings

  total $24,799 · program services $9,572 · management and general $15,227

• 22 · Depreciation, depletion and amortization

  total $308,738 · program services $5,897 · management and general $302,841

• 24a · Other expenses: SUPPLIES

  total $794,655 · program services $765,729 · management and general $28,926

• 24b · Other expenses: BED TAX ASSESSMENT

  total $406,806 · management and general $406,806

• 24c · Other expenses: DUES/SUBSCRIPTIONS

  total $13,703 · program services $5,290 · management and general $8,413

• 24d · Other expenses: BAD DEBT

  total $12,656 · management and general $12,656

• 24e · All other expenses

  total $860,921 · program services $851,065 · management and general $9,856

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,247,553 · end of year $823,251

• 2 · Savings and temporary cash investments

  end of year $418,505

• 4 · Accounts receivable

  beginning of year $824,530 · end of year $1,243,936

• 9 · Prepaid expenses and deferred charges

  beginning of year $125,232 · end of year $124,822

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

  $10,261,120

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

  $7,328,463

• 10c · Land, buildings and equipment, net

  beginning of year $2,855,019 · end of year $2,932,657

• 11 · Investments: publicly traded securities

  beginning of year $1,600,754 · end of year $1,741,984

• 15 · Other assets

  beginning of year $8,560 · end of year $7,570

• 17 · Accounts payable and accrued expenses

  beginning of year $1,777,237 · end of year $1,726,289

• 21 · Escrow or custodial account liability

  beginning of year $88,090 · end of year $89,131

• 25 · Other liabilities

  beginning of year $45,732 · end of year $333,528

• 27 · Net assets without donor restrictions

  beginning of year $5,750,589 · end of year $5,143,777

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION UTILIZES HOLY REDEEMER HEALTH SYSTEM (HRHS), A RELATED PENNSYLVANIA 501(C)(3) PUBLIC CHARITY, AS ITS COMMON PAYMASTER. THE TOP MANAGEMENT OFFICIAL PERFORMS SERVICES FOR MULTIPLE RELATED ENTITIES AND EACH ENTITY PAYS FOR THEIR PORTION OF SERVICES BY REMITTING FUNDS TO HRHS; THE OVERALL COMPENSATION PACKAGE IS REVIEWED AND APPROVED BY HRHS. HRHS USES THE FOLLOWING WHEN DETERMINING THE TOP MANAGEMENT OFFICIAL'S COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER SIMILAR ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE COMPENSATION COMMITTEE.

Related partnerships

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

• THE VIEWS AT PINE VALLEY III LP

  INACTIVE ORGANIZATION · PA

• INNOVATIVE WELLNESS ALLIANCE LLC

  PHYSICIAN CLINICALLY INTEGRATED NETWORK · PA · general or managing partner

• COMMUNITY CARE COLLABORATIVE OF PENNSYLVANIA AND NEW JERSEY LLC

  ACCOUNTABLE CARE ORGANIZATION · PA · general or managing partner

• SOUTH POINT HEALTH NETWORK LLC

  INACTIVE ORGANIZATION · NJ · general or managing partner

• ROTHMAN ORTHOPAEDIC SPECIALTY HOSPITAL LLC

  ORTHOPAEDIC SERVICES · PA · general or managing partner

• MUVE - WARMINSTER LLC

  ORTHOPAEDIC SERVICES · PA · general or managing partner

• HOLY REDEEMER AMBULATORY SURGERY CENTER LLC

  MOBILE SURGERY SERVICES · PA · general or managing partner

• ORTHOPEDIC SURGERY & REHABILITATION ASSOCIATES LLC

  PROVIDE ORTHOPEDIC SURGERY AND REHABILIATION SERVICES · PA · general or managing partner

• PGC ACQUISITIONS LLC

  INACTIVE ORGANIZATION · PA · general or managing partner

• THE VILLAGES AT PINE VALLEY MEDICAL OFFICE BUILDING LP

  INACTIVE ORGANIZATION · PA

• VW 201 LLC

  PROPERTY MANAGERS · PA · general or managing partner

• THE VIEWS AT PINE VALLEY I LP

  CCRC OPERATING ENTITY · PA

• THE VIEWS AT PINE VALLEY I LLC

  CCRC GENERAL PARTNER · PA

• THE VIEWS AT PINE VALLEY II LP

  CCRC OPERATING ENTITY · PA

• THE VIEWS AT PINE VALLEY II LLC

  CCRC GENERAL PARTNER · PA · general or managing partner

Related corporations and trusts

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

• THR INSURANCE COMPANY LTD

  C · PROVIDE MALPRACTICE AND OTHER INSURANCE · CJ

• HOLY REDEEMER ACTIVE AND RETIREMENT LIVING COMMUNITIES INC

  C · CCRC PROPERTY MANAGERS · PA

• VISITING NURSE VENTURES INC

  C · INACTIVE · NJ

• VISITING NURSE MANAGEMENT CO INC

  C · INACTIVE · NJ