Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $58,530

• 1f · All other contributions, gifts and grants

  $53,181

• 2a · Program service revenue: MONTHLY SERVICE FEES

  total $34,578,682 · related or exempt $34,578,682

• 2b · Program service revenue: ENTRANCE FEES

  total $2,076,375 · related or exempt $2,076,375

• 2c · Program service revenue: SKILLED NURSING ANCILL

  total $1,555,314 · related or exempt $1,555,314

• 3 · Investment income

  total $4,628,309 · unrelated business $4,646 · excluded $4,623,663

• 6a · Gross rents

  real property $45,288

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $45,288

• 6d · Net rental income or loss

  total $45,288 · excluded $45,288

• 7a · Gross sales of assets other than inventory

  securities $27,298,021

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

  securities $23,632,140

• 7c · Gain or loss

  securities $3,665,881

• 7d · Net gain or loss

  total $3,665,881 · excluded $3,665,881

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $354,854 · excluded $354,854

• 11e · Other revenue, total

  $354,854

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,613,940 · program services $12,613,940

• 7 · Other salaries and wages

  total $12,346,807 · program services $9,555,144 · management and general $2,791,663

• 8 · Pension plan contributions

  total $492,058 · program services $386,709 · management and general $105,349

• 9 · Other employee benefits

  total $2,650,562 · program services $2,072,602 · management and general $577,960

• 10 · Payroll taxes

  total $1,354,758 · program services $853,896 · management and general $500,862

• 11a · Fees: management

  total $3,575,279 · management and general $3,575,279

• 11b · Fees: legal

  total $80,083 · management and general $80,083

• 11c · Fees: accounting

  total $148,019 · management and general $148,019

• 11f · Fees: investment management

  total $1,177,524 · management and general $1,177,524

• 11g · Fees: other

  total $2,319,392 · program services $1,510,097 · management and general $809,295

• 12 · Advertising and promotion

  total $373,638 · program services $8,625 · management and general $365,013

• 13 · Office expenses

  total $79,197 · program services $12,300 · management and general $66,897

• 16 · Occupancy

  total $4,096,512 · program services $4,080,605 · management and general $15,907

• 17 · Travel

  total $78,193 · program services $8,486 · management and general $69,707

• 20 · Interest

  total $1,083,087 · management and general $1,083,087

• 22 · Depreciation, depletion and amortization

  total $5,979,604 · management and general $5,979,604

• 23 · Insurance

  total $1,010,191 · program services $952,218 · management and general $57,973

• 24a · Other expenses: UBI TAXES

  total $193 · management and general $193

• 24b · Other expenses: FOOD

  total $3,161,931 · program services $3,139,869 · management and general $22,062

• 24c · Other expenses: EQUIPMENT & SUPPLIES

  total $1,122,684 · program services $892,484 · management and general $230,200

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $269,726 · management and general $269,726

• 24e · All other expenses

  total $702,721 · program services $441,702 · management and general $261,019

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,793,025 · end of year $3,453,843

• 2 · Savings and temporary cash investments

  beginning of year $14,161,448 · end of year $23,292,431

• 4 · Accounts receivable

  beginning of year $597,155 · end of year $459,676

• 7 · Other notes and loans receivable

  beginning of year $2,185,571 · end of year $621,670

• 8 · Inventories for sale or use

  beginning of year $122,782 · end of year $131,110

• 9 · Prepaid expenses and deferred charges

  beginning of year $610,895 · end of year $1,698,010

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

  $182,963,390

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

  $91,096,412

• 10c · Land, buildings and equipment, net

  beginning of year $91,747,472 · end of year $91,866,978

• 11 · Investments: publicly traded securities

  beginning of year $81,642,043 · end of year $94,556,145

• 12 · Investments: other securities

  beginning of year $68,126,912 · end of year $62,931,265

• 15 · Other assets

  beginning of year $41,660,614 · end of year $41,450,761

• 17 · Accounts payable and accrued expenses

  beginning of year $2,436,545 · end of year $4,120,080

• 20 · Tax-exempt bond liabilities

  beginning of year $39,791,871 · end of year $36,949,816

• 21 · Escrow or custodial account liability

  beginning of year $3,480,000 · end of year $4,090,000

• 25 · Other liabilities

  beginning of year $297,005,650 · end of year $323,062,465

• 27 · Net assets without donor restrictions

  beginning of year -$51,131,064 · end of year -$47,776,592

• 28 · Net assets with donor restrictions

  beginning of year $11,064,915 · end of year $16,120

The filer's explanations (Part III)

PART I, LINE 5

THE MANAGEMENT TEAM CAN RECEIVE BONUSES FROM KAHALA NUI SENIOR LIVING THAT ARE BASED ON SEVERAL VARIABLES INCLUDING FINANCIAL PERFORMANCE, RESIDENT SATISFACTION, AND GROWTH.