Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $7,500

• 1e · Government grants (contributions)

  $344,667

• 1f · All other contributions, gifts and grants

  $144,829

• 2a · Program service revenue: MEDICAID WAIVER REVENUE

  total $115,650,194 · related or exempt $115,650,194

• 2b · Program service revenue: CONTRACT REVENUE

  total $10,026,899 · related or exempt $10,026,899

• 2c · Program service revenue: MANAGEMENT FEES

  total $5,515,122 · related or exempt $5,515,122

• 2d · Program service revenue: OTHER PROGRAM SERVICE REVENUE

  total $284,188 · related or exempt $284,188

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $85,429 · excluded $85,429

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  other assets $0

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

  other assets $51,335

• 7c · Gain or loss

  securities $0 · other assets -$51,335

• 7d · Net gain or loss

  total -$51,335 · excluded -$51,335

• 8a · Fundraising events: gross income

  $22,629

• 8a · Fundraising events: contributions included on line 1c

  $7,500

• 8b · Fundraising events: direct expenses

  $22,524

• 8c · Net income from fundraising events

  total $105 · excluded $105

• 11a · Other revenue: INSURANCE PROCEEDS

  total $8,805 · related or exempt $8,805

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $8,805

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,605 · program services $7,605

• 5 · Compensation of officers, directors and key employees

  total $1,283,847 · management and general $1,283,847

• 7 · Other salaries and wages

  total $68,351,445 · program services $62,852,817 · management and general $5,498,628

• 8 · Pension plan contributions

  total $967,898 · program services $848,651 · management and general $119,247

• 9 · Other employee benefits

  total $5,704,508 · program services $5,001,703 · management and general $702,805

• 10 · Payroll taxes

  total $5,489,737 · program services $4,813,392 · management and general $676,345

• 11b · Fees: legal

  total $1,397 · management and general $1,397

• 11c · Fees: accounting

  total $209,671 · management and general $209,671

• 11g · Fees: other

  total $4,454,954 · program services $2,173,618 · management and general $2,281,336 · fundraising $0

• 12 · Advertising and promotion

  total $114,381 · program services $14,444 · management and general $99,937

• 13 · Office expenses

  total $3,121,234 · program services $1,286,809 · management and general $1,834,425

• 16 · Occupancy

  total $6,665,238 · program services $5,617,948 · management and general $1,047,290

• 17 · Travel

  total $1,412,054 · program services $1,393,674 · management and general $18,380

• 19 · Conferences, conventions and meetings

  total $908,765 · program services $160,080 · management and general $748,685

• 20 · Interest

  total $167,827 · program services $164,837 · management and general $2,990

• 22 · Depreciation, depletion and amortization

  total $2,375,697 · program services $2,220,738 · management and general $154,959

• 23 · Insurance

  total $2,304,766 · program services $1,926,425 · management and general $378,341

• 24a · Other expenses: STATE QUALITY ASSESSMENT

  total $5,214,262 · program services $5,214,262

• 24b · Other expenses: PROGRAM AND ADMINISTRATION ALLOCATION

  total $4,950,599 · program services $4,950,599

• 24c · Other expenses: FOOD AND KITCHEN SUPPLIES

  total $2,386,610 · program services $2,386,610

• 24d · Other expenses: PROGRAM SUPPLIES

  total $716,232 · program services $716,232

• 24e · All other expenses

  total $3,026,130 · program services $2,655,572 · management and general $370,558 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $13,276,700 · end of year $26,051,752

• 2 · Savings and temporary cash investments

  beginning of year $1,315,071 · end of year $1,509,697

• 4 · Accounts receivable

  beginning of year $10,528,783 · end of year $11,906,624

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $107,685 · end of year $351,736

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,105,586 · end of year $1,263,130

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

  $26,804,472

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

  $12,580,045

• 10c · Land, buildings and equipment, net

  beginning of year $9,817,566 · end of year $14,224,427

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $3,538,409 · end of year $4,098,379

• 17 · Accounts payable and accrued expenses

  beginning of year $11,072,370 · end of year $13,096,124

• 19 · Deferred revenue

  beginning of year $380,859 · end of year $244,263

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $43,400 · end of year $382,089

• 24 · Unsecured notes and loans payable

  beginning of year $2,258,523 · end of year $2,066,252

• 25 · Other liabilities

  beginning of year $2,338,810 · end of year $6,866,171

• 27 · Net assets without donor restrictions

  beginning of year $23,595,838 · end of year $36,750,846

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

SUNRISE COMMUNITY, INC. MAINTAINS NONQUALIFIED EMPLOYEE DEFERRED COMPENSATION PLANS OPEN TO CERTAIN OFFICERS AND KEY EMPLOYEES UNDER INTERNAL REVENUE CODE 457(B).