Form 990 for tax year 2023

2a · Program service revenue: RESIDENT FEES AND INCOME

total $16,289,638 · related or exempt $16,289,638

2b · Program service revenue: OTHER RESIDENT REVENUE

total $14,309 · related or exempt $14,309

3 · Investment income

total $850,283 · excluded $850,283

7b · Less cost or other basis and sales expenses

other assets $123,661

7c · Gain or loss

other assets -$123,661

7d · Net gain or loss

total -$123,661 · excluded -$123,661

11a · Other revenue: OTHER REVENUE

total $675 · related or exempt $675

11e · Other revenue, total

$675

7 · Other salaries and wages

total $6,058,200 · program services $5,602,750 · management and general $455,450

8 · Pension plan contributions

total $108,567 · program services $100,244 · management and general $8,323

9 · Other employee benefits

total $1,310,113 · program services $1,251,191 · management and general $58,922

10 · Payroll taxes

total $499,703 · program services $461,880 · management and general $37,823

11a · Fees: management

total $667,788 · management and general $667,788

11b · Fees: legal

total $13,876 · management and general $13,876

11c · Fees: accounting

total $61,184 · management and general $61,184

11g · Fees: other

total $1,106,903 · program services $696,749 · management and general $410,154

12 · Advertising and promotion

total $120,842 · management and general $120,842

13 · Office expenses

total $1,624,921 · program services $1,461,265 · management and general $163,656

16 · Occupancy

total $1,909,764 · program services $1,765,269 · management and general $144,495

17 · Travel

total $62,933 · program services $48,875 · management and general $14,058

19 · Conferences, conventions and meetings

total $9,282 · program services $2,176 · management and general $7,106

20 · Interest

total $290,507 · program services $287,055 · management and general $3,452

22 · Depreciation, depletion and amortization

total $2,869,141 · program services $2,835,046 · management and general $34,095

23 · Insurance

total $316,362 · program services $168,985 · management and general $147,377

24a · Other expenses: BAD DEBT EXPENSE

total $402 · program services $402

24b · Other expenses: OTHER EXPENSE

total $153 · management and general $153

1 · Cash, non-interest-bearing

beginning of year $1,985,241 · end of year $311,909

2 · Savings and temporary cash investments

beginning of year $3,843,838 · end of year $8,744,745

4 · Accounts receivable

beginning of year $266,891 · end of year $1,279,913

8 · Inventories for sale or use

beginning of year $38,167 · end of year $42,786

9 · Prepaid expenses and deferred charges

beginning of year $35,234 · end of year $33,995

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

$65,305,914

10b · Land, buildings and equipment: accumulated depreciation

$25,211,925

10c · Land, buildings and equipment, net

beginning of year $40,203,387 · end of year $40,093,989

11 · Investments: publicly traded securities

beginning of year $22,480,115 · end of year $21,727,324

15 · Other assets

beginning of year $5,928,137 · end of year $5,693,481

17 · Accounts payable and accrued expenses

beginning of year $1,699,110 · end of year $1,538,004

20 · Tax-exempt bond liabilities

beginning of year $14,250,000 · end of year $13,350,000

25 · Other liabilities

beginning of year $62,031,216 · end of year $64,980,758

27 · Net assets without donor restrictions

beginning of year -$3,199,316 · end of year -$1,940,620