Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RESIDENT SERVICE REVEN

  total $200,109 · related or exempt $200,109

• 3 · Investment income

  total $787 · excluded $787

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

  other assets $27,362

• 7c · Gain or loss

  other assets -$27,362

• 7d · Net gain or loss

  total -$27,362 · excluded -$27,362

• 11a · Other revenue: INSURANCE PROCEEDS

  total $189,780 · excluded $189,780

• 11e · Other revenue, total

  $189,780

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $32,448 · management and general $32,448

• 9 · Other employee benefits

  total $1,465 · management and general $1,465

• 10 · Payroll taxes

  total $2,524 · management and general $2,524

• 11a · Fees: management

  total $25,870 · management and general $25,870

• 11c · Fees: accounting

  total $5,725 · management and general $5,725

• 11g · Fees: other

  total $3,621 · program services $3,491 · management and general $130

• 13 · Office expenses

  total $274 · management and general $274

• 14 · Information technology

  total $12,805 · management and general $12,805

• 16 · Occupancy

  total $80,245 · program services $77,359 · management and general $2,886

• 20 · Interest

  total $36 · program services $35 · management and general $1

• 22 · Depreciation, depletion and amortization

  total $75,814 · program services $73,087 · management and general $2,727

• 23 · Insurance

  total $2,062 · program services $1,988 · management and general $74

• 24a · Other expenses: REPAIRS & MAINTENANCE

  total $10,515 · program services $10,137 · management and general $378

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $75 · end of year $75

• 2 · Savings and temporary cash investments

  beginning of year $123,458 · end of year $71,124

• 4 · Accounts receivable

  beginning of year $1,209 · end of year $1,549

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,959 · end of year $4,537

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

  $3,128,809

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

  $2,045,520

• 10c · Land, buildings and equipment, net

  beginning of year $992,030 · end of year $1,083,289

• 15 · Other assets

  beginning of year $35,529 · end of year $63,373

• 17 · Accounts payable and accrued expenses

  beginning of year $38,447 · end of year $4,641

• 21 · Escrow or custodial account liability

  beginning of year $13,446 · end of year $14,042

• 25 · Other liabilities

  beginning of year $10,013 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $1,095,354 · end of year $1,205,264

The filer's explanations (Part III)

PART I, LINE 3

THE CEO IS COMPENSATED BY BETHESDA, A MINNESOTA NON-PROFIT RELATED ORGANIZATION. BETHESDA USES THE FOLLOWING TO ESTABLISH THE CEO'S COMPENSATION: 1. INDEPENDENT COMPENSATION SONSULTANT 2. CONDENSATION SURVEY 3. APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE.