Form 990 for tax year 2022

1e · Government grants (contributions)

$98,020

1f · All other contributions, gifts and grants

$77,026

2a · Program service revenue: ROOM & BOARD

total $15,567,475 · related or exempt $15,567,475

2b · Program service revenue: MEDICARE/MEDICAID PAYMENTS

total $1,765,552 · related or exempt $1,765,552

3 · Investment income

total $339,753 · excluded $339,753

11a · Other revenue: UTILITY

total $204,890 · excluded $204,890

11b · Other revenue: CAFE SALES

total $65,561 · excluded $65,561

11c · Other revenue: GUEST ROOM

total $6,010 · excluded $6,010

11d · All other revenue

total $40,193 · excluded $40,193

11e · Other revenue, total

$316,654

5 · Compensation of officers, directors and key employees

total $230,246 · program services $230,246

7 · Other salaries and wages

total $5,052,039 · program services $4,655,534 · management and general $396,505

8 · Pension plan contributions

total $9,179 · program services $9,179

9 · Other employee benefits

total $246,440 · program services $223,603 · management and general $22,837

10 · Payroll taxes

total $404,878 · program services $374,220 · management and general $30,658

11a · Fees: management

total $98,654 · management and general $98,654

11b · Fees: legal

total $35,316 · management and general $35,316

11c · Fees: accounting

total $36,656 · management and general $36,656

11g · Fees: other

total $3,641,184 · program services $3,641,184

12 · Advertising and promotion

total $150,035 · management and general $150,035

13 · Office expenses

total $604,974 · management and general $589,943 · fundraising $15,031

14 · Information technology

total $335,496 · program services $335,496

16 · Occupancy

total $904,441 · program services $904,441

17 · Travel

total $18,699 · management and general $18,699

20 · Interest

total $4,210,226 · program services $4,210,226

22 · Depreciation, depletion and amortization

total $4,102,326 · program services $4,102,326

23 · Insurance

total $789,715 · program services $789,715

24a · Other expenses: MEDICAL SUPPLIES

total $2,254,584 · program services $2,254,584

24b · Other expenses: PHARMACY SUPPLIES

total $469,318 · program services $469,318

24c · Other expenses: CABLE

total $189,507 · management and general $189,507

24d · Other expenses: RESIDENT INCENTIVES

total $143,981 · program services $143,981

24e · All other expenses

total $888,963 · program services $150,000 · management and general $738,963

2 · Savings and temporary cash investments

beginning of year $34,157,165 · end of year $39,147,974

3 · Pledges and grants receivable

beginning of year $151,839 · end of year $0

4 · Accounts receivable

beginning of year $1,393,810 · end of year $2,074,183

8 · Inventories for sale or use

beginning of year $70,342 · end of year $48,781

9 · Prepaid expenses and deferred charges

beginning of year $52,944 · end of year $153,344

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

$150,553,953

10b · Land, buildings and equipment: accumulated depreciation

$7,628,601

10c · Land, buildings and equipment, net

beginning of year $143,344,888 · end of year $142,925,352

15 · Other assets

beginning of year $3,117,179 · end of year $1,949,128

17 · Accounts payable and accrued expenses

beginning of year $2,067,583 · end of year $2,622,285

19 · Deferred revenue

beginning of year $85,927,746 · end of year $96,113,185

20 · Tax-exempt bond liabilities

beginning of year $82,840,000 · end of year $82,840,000

23 · Secured mortgages and notes payable

beginning of year $15,500,000 · end of year $15,370,833

25 · Other liabilities

beginning of year $7,356,084 · end of year $6,162,629

27 · Net assets without donor restrictions

beginning of year -$11,555,085 · end of year -$16,959,731

28 · Net assets with donor restrictions

beginning of year $151,839 · end of year $149,561