Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $113,203

• 1e · Government grants (contributions)

  $115,388

• 2a · Program service revenue: RESIDENT ROUTINE CARE

  total $14,976,488 · related or exempt $14,976,488

• 2b · Program service revenue: HOUSING MAINTENANCE FEE INCOME

  total $644,202 · related or exempt $644,202

• 2c · Program service revenue: ENTRANCE FEE AMORTIZATION

  total $225,733 · related or exempt $225,733

• 2f · All other program service revenue

  total $44,818 · related or exempt $44,818

• 3 · Investment income

  total $162,428 · excluded $162,428

• 6a · Gross rents

  real property $96,737

• 6b · Less rental expenses

  real property $24,623

• 6c · Rental income or loss

  real property $72,114

• 6d · Net rental income or loss

  total $72,114 · related or exempt $55,324 · excluded $16,790

• 7a · Gross sales of assets other than inventory

  securities $7,895,832 · other assets $479,589

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

  securities $8,000,438 · other assets $120,301

• 7c · Gain or loss

  securities -$104,606 · other assets $359,288

• 7d · Net gain or loss

  total $254,682 · excluded $254,682

• 10a · Gross sales of inventory

  $3,623

• 10b · Cost of goods sold

  $2,352

• 10c · Net income from sales of inventory

  total $1,271 · excluded $1,271

• 11a · Other revenue: EMPLOYEE RETENTION CREDIT

  total $3,554,209 · related or exempt $3,554,209

• 11e · Other revenue, total

  $3,554,209

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $240 · program services $240

• 5 · Compensation of officers, directors and key employees

  total $348,930 · management and general $348,930

• 7 · Other salaries and wages

  total $8,588,474 · program services $7,964,280 · management and general $539,670 · fundraising $84,524

• 8 · Pension plan contributions

  total $44,090 · program services $34,019 · management and general $10,071

• 9 · Other employee benefits

  total $546,405 · program services $491,305 · management and general $55,085 · fundraising $15

• 10 · Payroll taxes

  total $651,407 · program services $582,043 · management and general $62,903 · fundraising $6,461

• 11b · Fees: legal

  total $2,119 · management and general $2,119

• 11c · Fees: accounting

  total $65,127 · management and general $65,127

• 11f · Fees: investment management

  total $20,062 · management and general $20,062

• 11g · Fees: other

  total $1,768,757 · program services $1,594,425 · management and general $174,332

• 12 · Advertising and promotion

  total $40,407 · program services $4,543 · management and general $35,864

• 13 · Office expenses

  total $712,415 · program services $594,746 · management and general $113,196 · fundraising $4,473

• 14 · Information technology

  total $205,454 · management and general $205,454

• 16 · Occupancy

  total $930,460 · program services $856,528 · management and general $73,932

• 17 · Travel

  total $48,846 · program services $47,949 · management and general $897

• 19 · Conferences, conventions and meetings

  total $61,405 · program services $27,857 · management and general $33,548

• 20 · Interest

  total $695,004 · program services $695,004

• 22 · Depreciation, depletion and amortization

  total $1,503,066 · program services $1,399,699 · management and general $103,367

• 23 · Insurance

  total $266,506 · program services $248,001 · management and general $18,505

• 24a · Other expenses: MEDICAL SUPPLIES

  total $722,952 · program services $709,934 · management and general $13,018

• 24b · Other expenses: FOOD

  total $703,726 · program services $703,726

• 24c · Other expenses: BAD DEBT EXPENSE

  total $149,956 · program services $149,956

• 24d · Other expenses: WORKERS COMPENSATION IN

  total $102,835 · management and general $102,835

• 24e · All other expenses

  total $151,184 · program services $84,690 · management and general $66,494

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $956,709 · end of year $175,400

• 4 · Accounts receivable

  beginning of year $1,084,071 · end of year $1,014,767

• 7 · Other notes and loans receivable

  beginning of year $44,135 · end of year $8,084

• 8 · Inventories for sale or use

  beginning of year $70,137 · end of year $76,800

• 9 · Prepaid expenses and deferred charges

  beginning of year $70,632 · end of year $57,179

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

  $42,709,215

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

  $20,705,194

• 10c · Land, buildings and equipment, net

  beginning of year $22,075,141 · end of year $22,004,021

• 11 · Investments: publicly traded securities

  beginning of year $4,922,504 · end of year $3,351,693

• 15 · Other assets

  beginning of year $20,013 · end of year $3,574,633

• 17 · Accounts payable and accrued expenses

  beginning of year $1,209,322 · end of year $1,099,164

• 19 · Deferred revenue

  beginning of year $122,262 · end of year $24,026

• 21 · Escrow or custodial account liability

  beginning of year $23,099 · end of year $22,322

• 23 · Secured mortgages and notes payable

  beginning of year $15,382,694 · end of year $14,845,964

• 25 · Other liabilities

  beginning of year $8,842,946 · end of year $8,707,851

• 27 · Net assets without donor restrictions

  beginning of year $3,638,019 · end of year $5,563,250

• 28 · Net assets with donor restrictions

  beginning of year $25,000 · end of year $0

The filer's explanations (Part III)

PART I, LINE 7

DEBORAH HERRBOLDT RECEIVED A BONUS FOR HAVING GOOD SURVEY RESULTS. PRIOR YEAR SURVEYS INCLUDED NUMEROUS "TAGS" FOR VARIOUS ITEMS AND THIS YEAR SHOWED SIGNIFICANT IMPROVEMENT.