Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,380,057

• 1f · All other contributions, gifts and grants

  $289,683

• 2a · Program service revenue: Resident Service Revenue

  total $79,189,405 · related or exempt $79,189,405

• 2b · Program service revenue: V.A. Stipend Revenue

  total $6,312,184 · related or exempt $6,312,184

• 2c · Program service revenue: Other Revenue

  total $815,871 · related or exempt $556,904 · unrelated business $258,967

• 2d · Program service revenue: Contractual Adjustments

  total -$5,329,599 · related or exempt -$5,329,599

• 3 · Investment income

  total $638,606 · excluded $638,606

• 7a · Gross sales of assets other than inventory

  securities $7,785,761 · other assets $3,051,460

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

  securities $6,218,086 · other assets $4,037,055

• 7c · Gain or loss

  securities $1,567,675 · other assets -$985,595

• 7d · Net gain or loss

  total $582,080 · excluded $582,080

• 10a · Gross sales of inventory

  $11,725,032

• 10b · Cost of goods sold

  $7,140,696

• 10c · Net income from sales of inventory

  total $4,584,336 · related or exempt $5,688,097 · unrelated business -$1,103,761

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $747,772 · management and general $747,772

• 7 · Other salaries and wages

  total $48,035,288 · program services $43,199,589 · management and general $4,835,699

• 8 · Pension plan contributions

  total $4,189,177 · program services $3,725,988 · management and general $463,189

• 9 · Other employee benefits

  total $8,120,284 · program services $7,233,345 · management and general $886,939

• 10 · Payroll taxes

  total $747,343 · program services $662,760 · management and general $84,583

• 11b · Fees: legal

  total $162,697 · management and general $162,697

• 11c · Fees: accounting

  total $136,821 · management and general $136,821

• 11d · Fees: lobbying

  total $64,291 · management and general $64,291

• 11f · Fees: investment management

  total $35,761 · management and general $35,761

• 11g · Fees: other

  total $12,052,908 · program services $10,741,334 · management and general $1,311,574

• 12 · Advertising and promotion

  total $178,332 · management and general $178,332

• 13 · Office expenses

  total $2,878,456 · program services $1,231,033 · management and general $1,647,423

• 14 · Information technology

  total $390,830 · management and general $390,830

• 16 · Occupancy

  total $2,489,025 · program services $2,398,825 · management and general $90,200

• 17 · Travel

  total $69,014 · program services $16,907 · management and general $52,107

• 19 · Conferences, conventions and meetings

  total $71,178 · program services $26,029 · management and general $45,149

• 20 · Interest

  total $1,202,604 · management and general $1,202,604

• 22 · Depreciation, depletion and amortization

  total $8,355,686 · program services $8,039,273 · management and general $316,413

• 23 · Insurance

  total $438,691 · program services $1,196 · management and general $437,495

• 24a · Other expenses: Health Care Provider Ta

  total $4,261,709 · program services $4,261,709

• 24b · Other expenses: Miscellaneous Expense

  total $4,226,456 · program services $4,089,579 · management and general $136,877

• 24c · Other expenses: Food and Janitorial Sup

  total $2,687,131 · program services $2,687,131

• 24d · Other expenses: Medical Supplies

  total $1,543,853 · program services $1,543,853

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,301,604 · end of year $219,163

• 2 · Savings and temporary cash investments

  beginning of year $251,099 · end of year $1,627,035

• 3 · Pledges and grants receivable

  beginning of year $1,025,133 · end of year $452,324

• 4 · Accounts receivable

  beginning of year $4,775,974 · end of year $6,398,637

• 8 · Inventories for sale or use

  beginning of year $1,020,431 · end of year $763,791

• 9 · Prepaid expenses and deferred charges

  beginning of year $300,059 · end of year $82,263

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

  $204,259,918

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

  $69,100,501

• 10c · Land, buildings and equipment, net

  beginning of year $144,650,605 · end of year $135,159,417

• 11 · Investments: publicly traded securities

  beginning of year $28,575,120 · end of year $22,590,357

• 14 · Intangible assets

  beginning of year $4,821,461 · end of year $2,994,031

• 15 · Other assets

  beginning of year $14,002,385 · end of year $14,814,782

• 17 · Accounts payable and accrued expenses

  beginning of year $11,137,665 · end of year $12,846,208

• 20 · Tax-exempt bond liabilities

  beginning of year $20,000,000 · end of year $19,996,561

• 25 · Other liabilities

  beginning of year $28,500,601 · end of year $24,198,417

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $142,085,605 · end of year $128,060,614

The filer's explanations (Part III)

Part I, Line 7

During 2022, the Organization paid bonus and incentive compensation to certain employees listed on Form 990, Part VII, Section A. Bonus and incentive compensation paid was either merit based or for relocation assistance and was reported as part of taxable compensation to the respective employees.