Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $906,774

• 2a · Program service revenue: SKILLED NURSING

  total $9,711,093 · related or exempt $9,711,093

• 2b · Program service revenue: INDEPENDENT LIVING

  total $8,996,795 · related or exempt $8,996,795

• 2c · Program service revenue: ENTRANCE FEES

  total $4,098,051 · related or exempt $4,098,051

• 2d · Program service revenue: ASSISTED LIVING

  total $3,213,420 · related or exempt $3,213,420

• 2e · Program service revenue: OTHER PROGRAM REVENUE

  total $117,201 · related or exempt $117,201

• 3 · Investment income

  total $706,769 · excluded $706,769

• 7a · Gross sales of assets other than inventory

  securities $8,791,775

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

  securities $7,256,994

• 7c · Gain or loss

  securities $1,534,781

• 7d · Net gain or loss

  total $1,534,781 · excluded $1,534,781

• 8a · Fundraising events: gross income

  $310,500

• 8b · Fundraising events: direct expenses

  $30,299

• 8c · Net income from fundraising events

  total $280,201 · excluded $280,201

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $678,429 · program services $492,231 · management and general $162,844 · fundraising $23,354

• 7 · Other salaries and wages

  total $10,502,415 · program services $7,704,878 · management and general $2,537,446 · fundraising $260,091

• 8 · Pension plan contributions

  total $213,020 · program services $141,241 · management and general $68,412 · fundraising $3,367

• 9 · Other employee benefits

  total $1,373,367 · program services $1,000,476 · management and general $342,978 · fundraising $29,913

• 10 · Payroll taxes

  total $859,749 · program services $639,675 · management and general $196,797 · fundraising $23,277

• 11b · Fees: legal

  total $23,109 · program services $7,993 · management and general $15,116

• 11c · Fees: accounting

  total $79,174 · management and general $79,174

• 11f · Fees: investment management

  total $313,952 · management and general $313,952

• 11g · Fees: other

  total $1,993,365 · program services $1,949,536 · management and general $43,829

• 12 · Advertising and promotion

  total $100,589 · program services $26,499 · management and general $46,655 · fundraising $27,435

• 13 · Office expenses

  total $152,445 · program services $73,868 · management and general $70,903 · fundraising $7,674

• 16 · Occupancy

  total $1,268,591 · program services $1,060,445 · management and general $208,146

• 17 · Travel

  total $7,014 · program services $929 · management and general $6,085

• 19 · Conferences, conventions and meetings

  total $104,038 · program services $13,345 · management and general $87,648 · fundraising $3,045

• 20 · Interest

  total $1,529,660 · program services $73,368 · management and general $1,456,292

• 22 · Depreciation, depletion and amortization

  total $3,057,992 · program services $2,911,515 · management and general $146,477

• 23 · Insurance

  total $520,810 · program services $540,260 · management and general -$19,450

• 24a · Other expenses: FOOD AND CONTRACT SERVI

  total $2,084,791 · program services $2,084,791

• 24b · Other expenses: PURCHASED SERVICES

  total $1,882,888 · program services $714,411 · management and general $1,060,865 · fundraising $107,612

• 24c · Other expenses: SUPPLIES AND EQUIPMENT

  total $695,802 · program services $554,839 · management and general $136,299 · fundraising $4,664

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $424,663 · program services $199,881 · management and general $133,915 · fundraising $90,867

• 24e · All other expenses

  total $233,448 · program services $140,251 · management and general $75,131 · fundraising $18,066

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,596,803 · end of year $1,578,748

• 2 · Savings and temporary cash investments

  beginning of year $5,745,182 · end of year $8,439,378

• 4 · Accounts receivable

  beginning of year $1,728,038 · end of year $2,514,280

• 8 · Inventories for sale or use

  beginning of year $24,847 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $388,530 · end of year $328,566

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

  $100,170,557

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

  $53,548,161

• 10c · Land, buildings and equipment, net

  beginning of year $48,632,464 · end of year $46,622,396

• 12 · Investments: other securities

  beginning of year $18,677,827 · end of year $20,651,931

• 17 · Accounts payable and accrued expenses

  beginning of year $1,660,188 · end of year $1,362,329

• 19 · Deferred revenue

  beginning of year $12,059,628 · end of year $15,247,442

• 20 · Tax-exempt bond liabilities

  beginning of year $30,509,445 · end of year $29,656,150

• 25 · Other liabilities

  beginning of year $1,182,136 · end of year $723,004

• 27 · Net assets without donor restrictions

  beginning of year $15,267,033 · end of year $15,689,754

• 28 · Net assets with donor restrictions

  beginning of year $16,115,261 · end of year $17,456,620

The filer's explanations (Part III)

PART I, LINE 1B

DIANNA FISHER RECEIVED SEVERANCE PAY OF $22,321