Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $2,897,940

• 1f · All other contributions, gifts and grants

  $446,264

• 2a · Program service revenue: PATIENT SERVICES

  total $20,670,644 · related or exempt $20,670,644

• 2b · Program service revenue: HEALTHCENTRIC TRAINING

  total $42,096 · related or exempt $42,096

• 3 · Investment income

  total $312,453 · excluded $312,453

• 11a · Other revenue: MANAGEMENT FEE

  total $246,714 · excluded $246,714

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $30,060 · excluded $30,060

• 11c · Other revenue: MEALS REVENUE

  total $3,629 · excluded $3,629

• 11e · Other revenue, total

  $280,403

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $740,182 · program services $236,374 · management and general $503,808

• 7 · Other salaries and wages

  total $11,998,472 · program services $10,667,945 · management and general $1,162,062 · fundraising $168,465

• 8 · Pension plan contributions

  total $370,029 · program services $370,029

• 9 · Other employee benefits

  total $1,268,150 · program services $1,130,201 · management and general $97,736 · fundraising $40,213

• 10 · Payroll taxes

  total $980,209 · program services $769,515 · management and general $120,136 · fundraising $90,558

• 11b · Fees: legal

  total $3,403 · management and general $3,403

• 11c · Fees: accounting

  total $46,600 · management and general $46,600

• 11g · Fees: other

  total $3,741,074 · program services $3,549,814 · management and general $191,075 · fundraising $185

• 12 · Advertising and promotion

  total $75,947 · program services $48,511 · management and general $27,436

• 13 · Office expenses

  total $238,976 · program services $213,400 · management and general $25,576

• 14 · Information technology

  total $322,123 · program services $86,335 · management and general $235,788

• 16 · Occupancy

  total $452,212 · program services $452,212

• 17 · Travel

  total $15,802 · program services $15,802

• 19 · Conferences, conventions and meetings

  total $20,972 · program services $20,972

• 20 · Interest

  total $519,463 · program services $519,463

• 22 · Depreciation, depletion and amortization

  total $1,142,873 · program services $1,142,873

• 23 · Insurance

  total $301,523 · program services $301,523

• 24a · Other expenses: SUPPLIES AND OTHER EXPE

  total $2,025,341 · program services $2,025,341

• 24b · Other expenses: PROVIDER ASSESSMENT

  total $1,099,730 · program services $1,099,730

• 24c · Other expenses: FOOD AND DIETARY

  total $727,579 · program services $727,579

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $55,956 · program services $55,956

• 24e · All other expenses

  total $1,359 · program services $1,359

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $841,805 · end of year $536,051

• 4 · Accounts receivable

  beginning of year $5,040,349 · end of year $1,530,564

• 8 · Inventories for sale or use

  beginning of year $64,347 · end of year $62,860

• 9 · Prepaid expenses and deferred charges

  beginning of year $158,006 · end of year $80,988

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

  $30,210,464

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

  $14,934,293

• 10c · Land, buildings and equipment, net

  beginning of year $15,610,683 · end of year $15,276,171

• 15 · Other assets

  beginning of year $1,295,458 · end of year $917,956

• 17 · Accounts payable and accrued expenses

  beginning of year $4,180,034 · end of year $4,346,687

• 23 · Secured mortgages and notes payable

  beginning of year $11,945,347 · end of year $11,671,879

• 25 · Other liabilities

  beginning of year $4,289,177 · end of year $1,288,109

• 27 · Net assets without donor restrictions

  beginning of year $2,459,391 · end of year $982,020

• 28 · Net assets with donor restrictions

  beginning of year $136,699 · end of year $115,895

The filer's explanations (Part III)

PART I, LINE 3

A SALARY SURVEY WAS COMPLETED. RESULTS OF THE SURVEY ARE USED BY THE ORGANIZATION AND COMPARED AGAINST INDUSTRY STATISTICS AND INFLATION RATES IN DETERMINING APPROPRIATE COMPENSATION.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ST ELIZABETH ASSISTED LIVING LP

  OPERATES ASSISTED LIVING FACILITY · RI

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• SEAL MELROSE INC

  C · REAL ESTATE DEVELOPERS · RI