Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Tenant Rents

  total $327,040 · related or exempt $327,040

• 2f · All other program service revenue

  total $10,055 · related or exempt $10,055

• 3 · Investment income

  total $10,667 · excluded $10,667

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $7,412 · management and general $7,412

• 9 · Other employee benefits

  total $2,181 · management and general $2,181

• 10 · Payroll taxes

  total $466 · management and general $466

• 11a · Fees: management

  total $21,259 · program services $21,259

• 11c · Fees: accounting

  total $2,100 · management and general $2,100

• 11g · Fees: other

  total $26,600 · program services $26,482 · management and general $118

• 13 · Office expenses

  total $9,875 · program services $7,903 · management and general $1,972

• 16 · Occupancy

  total $89,263 · program services $89,263

• 20 · Interest

  total $11,782 · program services $11,782

• 22 · Depreciation, depletion and amortization

  total $54,803 · program services $54,803

• 23 · Insurance

  total $24,078 · program services $24,078

• 24a · Other expenses: Repairs and Maintenance

  total $8,069 · program services $8,069

• 24e · All other expenses

  total $6,950 · management and general $6,950

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $33,745 · end of year $679,837

• 4 · Accounts receivable

  beginning of year $1,961 · end of year $12,999

• 9 · Prepaid expenses and deferred charges

  end of year $3,467

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

  $2,316,480

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

  $1,835,347

• 10c · Land, buildings and equipment, net

  beginning of year $348,805 · end of year $481,133

• 11 · Investments: publicly traded securities

  beginning of year $597,971

• 17 · Accounts payable and accrued expenses

  beginning of year $17,823 · end of year $9,075

• 20 · Tax-exempt bond liabilities

  beginning of year $266,419 · end of year $163,864

• 21 · Escrow or custodial account liability

  beginning of year $14,476 · end of year $14,749

• 25 · Other liabilities

  beginning of year $14,852 · end of year $237,912

• 27 · Net assets without donor restrictions

  beginning of year $668,912 · end of year $751,836

The filer's explanations (Part III)

Part I, Line 3

The organization relied on Eventide, a related organization, that used a compensation committee, compensation survey or study, and approval by the board or compensation committee methods described in Sch J, Part I, Line 3 to establish the top management official's compensation. Jon Riewer and Darin Ohe are compensated by Eventide, a related organization, for services provided to that organization, Eventide West Fargo, LLC, Eventide Living Center, Lake Region Lutheran Home, Tabitha, Inc., Tabitha Foundation, Inc., Tabitha Grand Island, Inc., and Tabitha Alf Real Estate Holding, Inc.

Related partnerships

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

• Sanders Flats LLC

  Senior Living · MN · general or managing partner

• Tabitha Home Health Care & Hospice LLC

  Home health care and hospice · NE