Skip to content
Nonprofiteer
← BELOIT ASSISTED LIVING INC

Form 990 for tax year 2023

Filed by BELOIT ASSISTED LIVING INC.

Totals

Total revenue
$212,689
Total expenses
$270,208
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$208,152
Investment income
$3,991
Other revenue
$546
Total assets, end of year
$1,281,318
Total liabilities, end of year
$23,487
Net assets or fund balances, end of year
$1,257,831
Program services expenses (Part IX)
$197,066
Management and general expenses
$73,142
Fundraising expenses
$0
Program service expenses (Part III)
$197,066

Program services were 72.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RENTAL REVENUE

    total $208,152 · related or exempt $208,152

  • 3 · Investment income

    total $3,991 · excluded $3,991

  • 11a · Other revenue: LAUNDRY & VENDING REVENUE

    total $546 · excluded $546

  • 11e · Other revenue, total

    $546

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $20,016 · management and general $20,016

  • 11c · Fees: accounting

    total $9,700 · management and general $9,700

  • 11g · Fees: other

    total $45,543 · program services $10,260 · management and general $35,283

  • 12 · Advertising and promotion

    total $145 · management and general $145

  • 13 · Office expenses

    total $24,089 · program services $16,431 · management and general $7,658

  • 16 · Occupancy

    total $49,573 · program services $49,573

  • 20 · Interest

    total $2 · management and general $2

  • 22 · Depreciation, depletion and amortization

    total $62,885 · program services $62,885

  • 23 · Insurance

    total $6,487 · program services $6,487

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $51,430 · program services $51,430

  • 24b · Other expenses: BANK CHARGES

    total $300 · management and general $300

  • 24c · Other expenses: TRAINING EXPENSE

    total $38 · management and general $38

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $27,851 · end of year $71,199

  • 3 · Pledges and grants receivable

    beginning of year $32,263 · end of year $556

  • 4 · Accounts receivable

    beginning of year $3,437 · end of year $1,173

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,446 · end of year $99

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

    $2,293,002

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

    $1,098,739

  • 10c · Land, buildings and equipment, net

    beginning of year $1,257,148 · end of year $1,194,263

  • 15 · Other assets

    beginning of year $28,322 · end of year $14,028

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,582 · end of year $10,654

  • 19 · Deferred revenue

    beginning of year $3,819 · end of year $3,697

  • 25 · Other liabilities

    beginning of year $8,716 · end of year $9,136

  • 27 · Net assets without donor restrictions

    beginning of year $1,315,350 · end of year $1,257,831

Mission and programs · 2023

Mission

THE BENEVOLENT PURPOSE OF BELOIT ASSISTED LIVING, INC. IS TO PROVIDE ELDERLY PERSONS (AGE 62 AND OVER) AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

Activities or mission (Part I)

THE BENEVOLENT PURPOSE OF BELOIT ASSISTED LIVING, INC. IS TO PROVIDE ELDERLY PERSONS & HANDICAPPED PERSONS WITH HOUSING FACILITIES & SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL & PSYCHOLOGICAL NEEDS & TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, & USEFULNESS IN LONGER LIVING.

  • HOUSING AND HOUSING REHABILITATION - BELOIT ASSISTED LIVING, INC. (BALI) PROVIDES HOUSING NEEDS TO THE ELDERLY. BALI CURRENTLY OWNS AND OPERATES A 30-UNIT HOUSING PROJECT LOCATED IN BELOIT, WISCONSIN.

    Expenses $197,066 · Revenue $208,152

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • J Marcellus Perry

    PRESIDENT

    Total calculated
    $151,083
    From this org
    $0
    From related orgs
    $132,290
    Other
    $18,793
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $132,290 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $9,395 related
    Nontaxable benefits
    $0 + $9,398 related
    Filer's total
    $0 + $151,083 related

  • Debbie Sheldon

    SECRETARY/TREASURER THRU 1/23

    Total calculated
    $8,020
    From this org
    $0
    From related orgs
    $6,658
    Other
    $1,362
    Hours/week
    1 + 40 related

  • Laura Laux

    VICE PRESIDENT

    Total calculated
    $112,010
    From this org
    $0
    From related orgs
    $103,602
    Other
    $8,408
    Hours/week
    1 + 40 related

  • Erin Davis

    CHAIR THRU 6/23

    Total calculated
    $0
    Hours/week
    1

  • Renee Johnson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Alan Kupsik

    SECOND VICE CHAIR THRU 6/23

    Total calculated
    $0
    Hours/week
    1

  • Kelsey McCarthy

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jacob McHugh

    SECOND VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jen O'Connell

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Kitty Rounds

    SECRETARY/TREASURER

    Total calculated
    $82,952
    From this org
    $0
    From related orgs
    $72,324
    Other
    $10,628
    Hours/week
    1 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
2 November 2024
IRS schema version
2023v5.1
Source object
202403129349303230

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.