Form 990 for tax year 2024

1c · Fundraising events

$90,579

1f · All other contributions, gifts and grants

$1,879,889

2a · Program service revenue: ROOM & BOARD

total $31,258,414 · related or exempt $31,258,414

2b · Program service revenue: AMORTIZATION OF ENTRAN

total $2,212,913 · related or exempt $2,212,913

2c · Program service revenue: RESIDENT THERAPY & PHA

total $680,946 · related or exempt $680,946

3 · Investment income

total $2,113,489 · excluded $2,113,489

6a · Gross rents

real property $41,000

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $41,000

6d · Net rental income or loss

total $41,000 · excluded $41,000

7a · Gross sales of assets other than inventory

securities $4,426,567

7b · Less cost or other basis and sales expenses

securities $2,102,967

7c · Gain or loss

securities $2,323,600

7d · Net gain or loss

total $2,323,600 · excluded $2,323,600

8a · Fundraising events: gross income

$5,550

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

$90,579

8b · Fundraising events: direct expenses

$12,440

8c · Net income from fundraising events

total -$6,890 · excluded -$6,890

11a · Other revenue: PROCESSING FEE REVENUE

total $121,950 · excluded $121,950

11b · Other revenue: OVERLOOK UPGRADES

total $85,786 · excluded $85,786

11c · Other revenue: CHANGE IN PARTNERSHIP

total -$438,876 · excluded -$438,876

11d · All other revenue

total $300,028 · excluded $300,028

11e · Other revenue, total

$68,888

5 · Compensation of officers, directors and key employees

total $699,123 · program services $545,277 · management and general $153,846

7 · Other salaries and wages

total $15,501,750 · program services $11,832,089 · management and general $3,669,661

8 · Pension plan contributions

total $245,092 · program services $190,094 · management and general $54,998

9 · Other employee benefits

total $1,157,593 · program services $898,237 · management and general $259,356

10 · Payroll taxes

total $1,193,559 · program services $937,574 · management and general $255,985

11b · Fees: legal

total $78,776 · management and general $78,776

11c · Fees: accounting

total $80,640 · management and general $80,640

11e · Fees: professional fundraising services

total $58,775 · fundraising $58,775

11f · Fees: investment management

total $67,615 · management and general $67,615

11g · Fees: other

total $2,925,204 · program services $625,000 · management and general $2,300,204

12 · Advertising and promotion

total $146,665 · management and general $146,665

13 · Office expenses

total $12,336 · management and general $12,336

14 · Information technology

total $172,735 · management and general $172,735

16 · Occupancy

total $2,276,469 · program services $2,223,790 · management and general $52,679

17 · Travel

total $35,714 · management and general $35,714

19 · Conferences, conventions and meetings

total $77,781 · management and general $77,781

20 · Interest

total $3,672,836 · program services $2,311,369 · management and general $1,361,467

22 · Depreciation, depletion and amortization

total $4,430,607 · program services $2,896,850 · management and general $1,533,757

23 · Insurance

total $1,222,263 · management and general $1,222,263

24a · Other expenses: FOOD COSTS

total $1,890,238 · program services $1,890,238

24b · Other expenses: SUPPLIES

total $1,627,872 · program services $1,244,109 · management and general $383,763

24c · Other expenses: BAD DEBT

total $900,842 · management and general $900,842

24d · Other expenses: PLANT OPERATIONS & MANA

total $738,180 · program services $738,180

24e · All other expenses

total $1,698,658 · program services $817,340 · management and general $759,451 · fundraising $121,867

1 · Cash, non-interest-bearing

beginning of year $1,379,678 · end of year $301,186

2 · Savings and temporary cash investments

beginning of year $714,768 · end of year $370,968

3 · Pledges and grants receivable

beginning of year $9,405,208 · end of year $440,856

4 · Accounts receivable

beginning of year $1,661,821 · end of year $7,732,826

7 · Other notes and loans receivable

end of year $166,145

8 · Inventories for sale or use

beginning of year $65,429 · end of year $54,738

9 · Prepaid expenses and deferred charges

beginning of year $378,191 · end of year $419,129

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

$153,111,679

10b · Land, buildings and equipment: accumulated depreciation

$81,623,031

10c · Land, buildings and equipment, net

beginning of year $73,231,418 · end of year $71,488,648

11 · Investments: publicly traded securities

beginning of year $46,152,841 · end of year $5,087,179

12 · Investments: other securities

beginning of year $2,679,476 · end of year $57,660,815

15 · Other assets

beginning of year $14,769,206 · end of year $40,205,953

17 · Accounts payable and accrued expenses

beginning of year $4,886,634 · end of year $7,687,838

19 · Deferred revenue

beginning of year $30,003,376 · end of year $30,202,262

20 · Tax-exempt bond liabilities

beginning of year $91,568,812 · end of year $120,019,951

25 · Other liabilities

beginning of year $1,197,778 · end of year $4,043,892

27 · Net assets without donor restrictions

beginning of year $14,059,275 · end of year $11,817,407

28 · Net assets with donor restrictions

beginning of year $8,722,161 · end of year $10,157,093

MMCARE LLC

HOME HEALTH IN TEXAS · TX · income $1,135,642 · assets $738,682

Directly controlled by MORNINGSIDE MINISTRIES