Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,548

• 1e · Government grants (contributions)

  $171,606

• 2a · Program service revenue: ROOM/CARE/SKILLED NURS

  total $7,165,435 · related or exempt $7,165,435

• 3 · Investment income

  total $1,554 · excluded $1,554

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

  other assets $2,608

• 7c · Gain or loss

  other assets -$2,608

• 7d · Net gain or loss

  total -$2,608 · excluded -$2,608

• 11a · Other revenue: INSURANCE PROCEEDS

  total $152,612 · related or exempt $152,612

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $29,268 · related or exempt $29,268

• 11e · Other revenue, total

  $181,880

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $3,108,087 · program services $2,894,125 · management and general $213,962

• 8 · Pension plan contributions

  total $5,400 · program services $4,320 · management and general $1,080

• 9 · Other employee benefits

  total $279,912 · program services $206,884 · management and general $73,028

• 10 · Payroll taxes

  total $229,524 · program services $213,975 · management and general $15,549

• 11a · Fees: management

  total $175,094 · management and general $175,094

• 11b · Fees: legal

  total $26,323 · management and general $26,323

• 11d · Fees: lobbying

  total $477 · management and general $477

• 11g · Fees: other

  total $1,739,800 · program services $1,645,249 · management and general $94,551

• 12 · Advertising and promotion

  total $5,066 · program services $4,477 · management and general $589

• 13 · Office expenses

  total $39,864 · program services $489 · management and general $39,375

• 14 · Information technology

  total $33,379 · management and general $33,379

• 16 · Occupancy

  total $231,641 · program services $212,924 · management and general $18,717

• 17 · Travel

  total $61 · program services $61

• 19 · Conferences, conventions and meetings

  total $8,426 · program services $6,684 · management and general $1,742

• 20 · Interest

  total $71,150 · program services $71,150

• 22 · Depreciation, depletion and amortization

  total $283,627 · program services $226,902 · management and general $56,725

• 23 · Insurance

  total $145,200 · management and general $145,200

• 24a · Other expenses: MMQAA PROVIDER TAX

  total $474,227 · program services $474,227

• 24b · Other expenses: DRUGS/MEDICAL SUPPLIES

  total $378,897 · program services $378,897

• 24c · Other expenses: BAD DEBT EXPENSE

  total $84,705 · program services $84,705

• 24d · Other expenses: EQUIPMENT AND RENTAL

  total $73,150 · program services $50,298 · management and general $22,852

• 24e · All other expenses

  total $246,135 · program services $5,538 · management and general $240,597

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $237,314 · end of year $478,376

• 4 · Accounts receivable

  beginning of year $2,294,925 · end of year $2,448,945

• 9 · Prepaid expenses and deferred charges

  beginning of year $36,954 · end of year $24,855

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

  $5,600,731

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

  $1,505,651

• 10c · Land, buildings and equipment, net

  beginning of year $4,288,623 · end of year $4,095,080

• 15 · Other assets

  beginning of year $162,593 · end of year $724,015

• 17 · Accounts payable and accrued expenses

  beginning of year $417,928 · end of year $667,021

• 20 · Tax-exempt bond liabilities

  beginning of year $3,541,129 · end of year $3,443,385

• 25 · Other liabilities

  beginning of year $686,155 · end of year $1,227,577

• 27 · Net assets without donor restrictions

  beginning of year $2,266,650 · end of year $2,323,858

• 28 · Net assets with donor restrictions

  beginning of year $108,547 · end of year $109,430

The filer's explanations (Part III)

PART I, LINE 3

THE PROCESS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT, CEO, AND CFO IS UNDERTAKEN BY LUTHERAN HOMES OF MICHIGAN, INC., A RELATED ORGANIZATION. THE PROCESS INCLUDES USE OF A COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Related partnerships

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

• ALPENA VILLAGE

  RESIDENTIAL CONTINUING CARE RETIREMENT FACILITY · MI · general or managing partner

• GIBRALTER LDHALP

  PROVIDE AFFORDABLE HOUSING TO THE ELDERLY · MI

• MONROE ELDERLY LDHALP

  PROVIDE AFFORDABLE HOUSING TO THE ELDERLY · MI

• ALPENA PINES LDHALP

  PROVIDE AFFORDABLE HOUSING TO THE ELDERLY · MI

• TRANSITIONAL CARE COMMUNITY LLC

  RESIDENTIAL CONTINUING CARE RETIREMENT FACILITY · MI · general or managing partner

Related corporations and trusts

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

• LHM HOUSING SERVICES INC

  C · HOUSING SERVICES · MI

• GIBRALTER MANOR DEVELOPMENT INC

  C · HOUSING SERVICES · MI

• ALPENA PINES DEVELOPMENT INC

  C · HOUSING SERVICES · MI