Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $16,475

• 1f · All other contributions, gifts and grants

  $124,787

• 2a · Program service revenue: Rental Revenue

  total $5,692,225 · related or exempt $5,692,225

• 2b · Program service revenue: Meals Revenue

  total $719,815 · related or exempt $719,815

• 2c · Program service revenue: Laundry Services

  total $45,570 · related or exempt $45,570

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $21,376 · excluded $21,376

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 10a · Gross sales of inventory

  $15,009

• 10b · Cost of goods sold

  $30,578

• 10c · Net income from sales of inventory

  total -$15,569 · excluded -$15,569

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $170,520 · program services $113,737 · management and general $56,783

• 7 · Other salaries and wages

  total $708,162 · program services $481,279 · management and general $226,883

• 9 · Other employee benefits

  total $106,133 · program services $70,112 · management and general $36,021

• 10 · Payroll taxes

  total $79,979 · program services $67,360 · management and general $12,619

• 11b · Fees: legal

  total $342 · management and general $342

• 11c · Fees: accounting

  total $24,458 · management and general $24,458

• 11g · Fees: other

  total $1,774 · program services $0 · management and general $1,774 · fundraising $0

• 12 · Advertising and promotion

  total $45,145 · management and general $45,145

• 13 · Office expenses

  total $99,211 · program services $8,415 · management and general $90,796

• 14 · Information technology

  total $24,188 · management and general $24,188

• 16 · Occupancy

  total $796,036 · program services $796,036

• 17 · Travel

  total $4,056 · program services $4,056

• 20 · Interest

  total $1,099,726 · program services $1,078,969 · management and general $20,757

• 21 · Payments to affiliates

  total $284,399 · management and general $284,399

• 22 · Depreciation, depletion and amortization

  total $1,291,747 · program services $1,267,366 · management and general $24,381

• 23 · Insurance

  total $141,347 · program services $141,347

• 24a · Other expenses: Food Services

  total $1,080,651 · program services $1,080,651

• 24b · Other expenses: Tenant Services

  total $49,192 · program services $49,192

• 24c · Other expenses: Employee Training

  total $12,497 · management and general $12,497

• 24d · Other expenses: Bank Charges

  total $3,335 · management and general $3,335

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,119,583 · end of year $1,116,105

• 2 · Savings and temporary cash investments

  beginning of year $1,287,534 · end of year $2,271

• 4 · Accounts receivable

  beginning of year $69,634 · end of year $157,048

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  end of year $2,107

• 9 · Prepaid expenses and deferred charges

  beginning of year $16,637 · end of year $30,116

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

  $30,582,742

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

  $15,188,098

• 10c · Land, buildings and equipment, net

  beginning of year $15,931,541 · end of year $15,394,644

• 11 · Investments: publicly traded securities

  end of year $2,011,738

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $28,725 · end of year $28,725

• 15 · Other assets

  beginning of year $2,552,253 · end of year $2,517,793

• 17 · Accounts payable and accrued expenses

  beginning of year $163,528 · end of year $238,479

• 21 · Escrow or custodial account liability

  beginning of year $366,628 · end of year $384,643

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $33,456,796 · end of year $33,024,287

• 25 · Other liabilities

  beginning of year $1,042,037 · end of year $1,054,439

• 27 · Net assets without donor restrictions

  beginning of year -$14,023,082 · end of year -$13,441,301

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

Hebrew Seniorlife, Inc. (HSL), the parent organization, establishes compensation of the organization's President/CEO and CFO. HSL utilizes the following in establishing such compensation: compensation committee written employment contract independent compensation consultant compensation survey or study approval by the board or compensation committee.

Related partnerships

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

• CCB Cohen 112 Centre MM LLC

  N/A · Elder Housing · MA · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA

• HSL Fireman Operating LP

  N/A · Elder Housing · MA · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA

Related corporations and trusts

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

• HSL Payroll Services Inc

  C Corporation · Payroll Services · MA · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA

• Hebrew Seniorlife Reage Solutions Inc

  C Corporation · Mgmt & Cons. Svcs · DE · 0% owned · share of income $0 · share of assets $0

  Directly controlled by NA