Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $54,741

• 2a · Program service revenue: NET RESIDENT SERVICE R

  total $4,922,455 · related or exempt $4,922,455

• 3 · Investment income

  total $5,012 · excluded $5,012

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $1,710,040 · program services $1,511,786 · management and general $198,254

• 8 · Pension plan contributions

  total $141,823 · program services $125,381 · management and general $16,442

• 9 · Other employee benefits

  total $427,130 · program services $377,611 · management and general $49,519

• 10 · Payroll taxes

  total $209,490 · program services $185,203 · management and general $24,287

• 11a · Fees: management

  total $337,743 · management and general $337,743

• 11b · Fees: legal

  total $27,025 · management and general $27,025

• 11c · Fees: accounting

  total $36,246 · management and general $36,246

• 11g · Fees: other

  total $876,648 · program services $861,326 · management and general $15,322

• 13 · Office expenses

  total $140,493 · program services $125,193 · management and general $15,300

• 16 · Occupancy

  total $586,631 · program services $586,631

• 20 · Interest

  total $6,387 · program services $6,387

• 22 · Depreciation, depletion and amortization

  total $436,514 · program services $436,514

• 23 · Insurance

  total $302,445 · program services $302,445

• 24a · Other expenses: FOOD EXPENSES

  total $89,819 · program services $89,819

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $20,487 · program services $19,395 · management and general $1,092

• 24c · Other expenses: MISCELLAENOUS EXPENSE

  total $1,380 · program services $1,025 · management and general $355

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $186,384 · end of year $420,244

• 2 · Savings and temporary cash investments

  beginning of year $44,678 · end of year $59,771

• 4 · Accounts receivable

  beginning of year $244,630 · end of year $277,090

• 9 · Prepaid expenses and deferred charges

  beginning of year $31,519 · end of year $69,717

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

  $12,267,553

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

  $9,387,188

• 10c · Land, buildings and equipment, net

  beginning of year $3,235,889 · end of year $2,880,365

• 15 · Other assets

  beginning of year $2,096,795 · end of year $1,650,994

• 17 · Accounts payable and accrued expenses

  beginning of year $732,517 · end of year $654,738

• 19 · Deferred revenue

  beginning of year $68,689 · end of year $71,344

• 21 · Escrow or custodial account liability

  beginning of year $68,731 · end of year $57,729

• 23 · Secured mortgages and notes payable

  beginning of year $9,433,588 · end of year $9,259,866

• 25 · Other liabilities

  beginning of year $910,047 · end of year $3,387,703

• 27 · Net assets without donor restrictions

  beginning of year -$5,373,677 · end of year -$8,073,199

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF EGER LUTHERAN HOMES AND SERVICES, INC. AND SUBSIDIARIES; A TAX-EXEMPT HEALTHCARE SYSTEM COMPOSED OF A NURSING HOME AND OTHER ENTITIES WHOSE PURPOSE IS TO SERVE THE COMMUNITY ("SYSTEM"). THE SYSTEM HAS AN EXECUTIVE COMMITTEE ("COMMITTEE") OF THE BOARD OF TRUSTEES. THE COMPENSATION AND BENEFITS OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER ARE REVIEWED BY THE COMMITTEE TO ENSURE FAIR MARKET VALUE COMPENSATION IS PAID. WHERE APPROPRIATE, THE BOARD REVIEWS EXTERNAL COMPARABLE DATA AND SEEKS ADVICE OF THE COMMITTEE TO ENSURE TOTAL COMPENSATION OF THIS INDIVIDUAL IS REASONABLE AT FAIR MARKET VALUE. OTHER MEMBERS OF MANAGEMENT, INCLUDING, BUT NOT LIMITED TO, THESE REPORTED ON FORM 990 ARE REVIEWED BY THE PRESIDENT/CHIEF EXECUTIVE OFFICER AND THE VICE PRESIDENT OF HUMAN RESOURCES, IN ACCORDANCE WITH JOB PERFORMANCE AND CURRENT FAIR MARKET VALUE SALARY DATA.