Form 990 for tax year 2022

1e · Government grants (contributions)

$236

1f · All other contributions, gifts and grants

$48,582

2a · Program service revenue: RESIDENTIAL SERVICES

total $39,819,729 · related or exempt $39,819,729

2b · Program service revenue: AMORTIZATION OF DEFERRED ENTRANCE

total $4,757,159 · related or exempt $4,757,159

3 · Investment income

total $803,513 · excluded $803,513

7a · Gross sales of assets other than inventory

securities $2,647,374

7b · Less cost or other basis and sales expenses

securities $2,084,194 · other assets $13,876

7c · Gain or loss

securities $563,180 · other assets -$13,876

7d · Net gain or loss

total $549,304 · related or exempt -$13,876 · excluded $563,180

7 · Other salaries and wages

total $17,032,812 · program services $13,323,475 · management and general $3,709,337

9 · Other employee benefits

total $2,714,550 · program services $2,123,386 · management and general $591,164

11a · Fees: management

total $5,631,771 · program services $3,487,454 · management and general $2,144,317

12 · Advertising and promotion

total $304,459 · management and general $304,459

20 · Interest

total $7,766,384 · program services $6,821,780 · management and general $944,604

22 · Depreciation, depletion and amortization

total $9,540,297 · program services $8,379,937 · management and general $1,160,360

23 · Insurance

total $1,782,027 · program services $1,565,284 · management and general $216,743

24a · Other expenses: MEALS, SUPPLIES, AND OT

total $3,978,926 · program services $3,978,926

24b · Other expenses: UTILITIES

total $2,654,102 · program services $2,331,291 · management and general $322,811

24c · Other expenses: SUPPLIES

total $1,741,607 · program services $1,448,299 · management and general $293,308

24d · Other expenses: MAINTENANCE AND REPAIR

total $1,722,576 · program services $1,513,064 · management and general $209,512

24e · All other expenses

total $2,461,093 · program services $1,711,078 · management and general $750,015

1 · Cash, non-interest-bearing

beginning of year $9,746,741 · end of year $8,204,576

2 · Savings and temporary cash investments

beginning of year $12,184,790 · end of year $9,006,674

4 · Accounts receivable

beginning of year $2,298,479 · end of year $2,286,789

9 · Prepaid expenses and deferred charges

beginning of year $1,546,912 · end of year $2,229,517

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

$332,945,463

10b · Land, buildings and equipment: accumulated depreciation

$45,543,190

10c · Land, buildings and equipment, net

beginning of year $172,433,943 · end of year $287,402,273

12 · Investments: other securities

beginning of year $7,268,908 · end of year $19,644,160

15 · Other assets

beginning of year $226,911,291 · end of year $16,316,714

17 · Accounts payable and accrued expenses

beginning of year $10,146,150 · end of year $5,592,390

19 · Deferred revenue

beginning of year $27,030,793 · end of year $30,312,048

20 · Tax-exempt bond liabilities

beginning of year $259,589,644 · end of year $172,899,364

25 · Other liabilities

beginning of year $214,981,583 · end of year $227,672,516

27 · Net assets without donor restrictions

beginning of year -$79,357,106 · end of year -$91,385,615