Form 990 for tax year 2024

1d · Related organizations

$1,200,000

1f · All other contributions, gifts and grants

$452,695

2a · Program service revenue: ROOM & BOARD

total $23,066,091 · related or exempt $23,066,091

2b · Program service revenue: MEDICARE/MEDICAID PAYMENTS

total $2,559,635 · related or exempt $2,559,635

3 · Investment income

total $1,031,545 · excluded $1,031,545

11a · Other revenue: UTILITY

total $247,180 · excluded $247,180

11b · Other revenue: CAFE SALES

total $99,211 · excluded $99,211

11c · Other revenue: GUEST ROOM

total $7,460 · excluded $7,460

11d · All other revenue

total $37,185 · excluded $37,185

11e · Other revenue, total

$391,036

5 · Compensation of officers, directors and key employees

total $226,391 · program services $213,492 · management and general $12,899

7 · Other salaries and wages

total $7,617,707 · program services $7,174,525 · management and general $443,182

8 · Pension plan contributions

total $18,673 · program services $18,673

9 · Other employee benefits

total $668,161 · program services $629,404 · management and general $38,757

10 · Payroll taxes

total $632,631 · program services $595,935 · management and general $36,696

11a · Fees: management

total $98,223 · management and general $98,223

11b · Fees: legal

total $31,596 · management and general $31,596

11c · Fees: accounting

total $67,551 · management and general $67,551

11g · Fees: other

total $3,860,779 · program services $3,860,779

12 · Advertising and promotion

total $102,171 · management and general $102,171

13 · Office expenses

total $868,554 · management and general $868,554

14 · Information technology

total $446,722 · program services $446,722

16 · Occupancy

total $985,881 · program services $985,881

17 · Travel

total $20,958 · management and general $20,958

20 · Interest

total $3,529,356 · program services $3,529,356

22 · Depreciation, depletion and amortization

total $4,404,543 · program services $4,404,543

23 · Insurance

total $1,276,774 · program services $1,276,774

24a · Other expenses: MEDICAL SUPPLIES

total $2,966,723 · program services $2,935,039 · management and general $31,684

24b · Other expenses: PHARMACY SUPPLIES

total $932,554 · program services $932,554

24c · Other expenses: CABLE

total $329,687 · management and general $329,687

24d · Other expenses: RESIDENT INCENTIVES

total $14,124 · program services $4,327 · management and general $9,797

24e · All other expenses

total $894,720 · management and general $894,720

2 · Savings and temporary cash investments

beginning of year $22,093,086 · end of year $22,037,067

3 · Pledges and grants receivable

beginning of year $31,455

4 · Accounts receivable

beginning of year $1,495,063 · end of year $907,601

8 · Inventories for sale or use

beginning of year $70,360 · end of year $107,741

9 · Prepaid expenses and deferred charges

beginning of year $194,332 · end of year $89,133

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

$153,541,739

10b · Land, buildings and equipment: accumulated depreciation

$16,272,286

10c · Land, buildings and equipment, net

beginning of year $141,008,278 · end of year $137,269,453

15 · Other assets

beginning of year $1,708,153 · end of year $1,611,386

17 · Accounts payable and accrued expenses

beginning of year $3,031,953 · end of year $2,637,989

19 · Deferred revenue

beginning of year $96,520,738 · end of year $95,716,877

20 · Tax-exempt bond liabilities

beginning of year $42,330,000 · end of year $41,795,000

23 · Secured mortgages and notes payable

beginning of year $40,000,000 · end of year $39,463,214

25 · Other liabilities

beginning of year $4,702,323 · end of year $3,687,065

27 · Net assets without donor restrictions

beginning of year -$20,301,129 · end of year -$21,594,606

28 · Net assets with donor restrictions

beginning of year $316,842 · end of year $316,842