Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,683,495

• 1f · All other contributions, gifts and grants

  $3,849

• 2a · Program service revenue: RESIDENT SERVICE FEES

  total $17,314,157 · related or exempt $17,314,157

• 2b · Program service revenue: HEALTH CENTER FEES

  total $9,110,211 · related or exempt $9,110,211

• 2c · Program service revenue: EARNED ENTRANCE FEES

  total $6,488,680 · related or exempt $6,488,680

• 3 · Investment income

  total $1,738,761 · excluded $1,738,761

• 6a · Gross rents

  real property $34,519

• 6b · Less rental expenses

  real property $33,748

• 6c · Rental income or loss

  real property $771

• 6d · Net rental income or loss

  total $771 · excluded $771

• 7a · Gross sales of assets other than inventory

  securities $1,142,115 · other assets $47,000

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

  securities $920,333 · other assets $37,821

• 7c · Gain or loss

  securities $221,782 · other assets $9,179

• 7d · Net gain or loss

  total $230,961 · excluded $230,961

• 11a · Other revenue: HOME HEALTH

  total $133,827 · excluded $133,827

• 11b · Other revenue: GUEST MEAL REVENUE

  total $121,008 · excluded $121,008

• 11c · Other revenue: GUEST ROOM RENTAL

  total $78,120 · excluded $78,120

• 11d · All other revenue

  total $145,977 · excluded $145,977

• 11e · Other revenue, total

  $478,932

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,692 · program services $8,692

• 2 · Grants to domestic individuals

  total $190,852 · program services $190,852

• 5 · Compensation of officers, directors and key employees

  total $688,431 · management and general $688,431

• 7 · Other salaries and wages

  total $11,961,115 · program services $10,396,793 · management and general $1,564,322

• 8 · Pension plan contributions

  total $399,208 · program services $398,447 · management and general $761

• 9 · Other employee benefits

  total $2,024,235 · program services $1,852,500 · management and general $171,735

• 10 · Payroll taxes

  total $900,291 · program services $801,906 · management and general $98,385

• 11b · Fees: legal

  total $51,752 · management and general $51,752

• 11c · Fees: accounting

  total $79,283 · management and general $79,283

• 11d · Fees: lobbying

  total $899 · management and general $899

• 11g · Fees: other

  total $778,264 · program services $752,400 · management and general $25,864

• 12 · Advertising and promotion

  total $56,191 · management and general $56,191

• 13 · Office expenses

  total $899,877 · program services $684,922 · management and general $214,955

• 14 · Information technology

  total $437,145 · management and general $437,145

• 16 · Occupancy

  total $2,963,139 · program services $2,941,967 · management and general $21,172

• 17 · Travel

  total $90,359 · program services $71,638 · management and general $18,721

• 20 · Interest

  total $1,451,874 · program services $1,441,533 · management and general $10,341

• 22 · Depreciation, depletion and amortization

  total $5,034,310 · program services $4,998,349 · management and general $35,961

• 23 · Insurance

  total $246,220 · program services $224,476 · management and general $21,744

• 24a · Other expenses: FOOD

  total $1,407,172 · program services $1,407,172

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $956,133 · program services $956,133

• 24c · Other expenses: RESIDENT ACTIVITIES

  total $102,162 · program services $102,162

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $64,226 · program services $26,888 · management and general $37,338

• 24e · All other expenses

  total $144,501 · program services $82,086 · management and general $62,415

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,981 · end of year $17,046

• 2 · Savings and temporary cash investments

  beginning of year $3,143,994 · end of year $3,391,940

• 4 · Accounts receivable

  beginning of year $234,197 · end of year $1,141,929

• 8 · Inventories for sale or use

  beginning of year $68,279 · end of year $26,075

• 9 · Prepaid expenses and deferred charges

  beginning of year $665,017 · end of year $591,856

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

  $130,009,342

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

  $58,482,777

• 10c · Land, buildings and equipment, net

  beginning of year $74,423,741 · end of year $71,526,565

• 11 · Investments: publicly traded securities

  beginning of year $23,531,793 · end of year $36,109,712

• 15 · Other assets

  beginning of year $4,050,860 · end of year $2,472,686

• 17 · Accounts payable and accrued expenses

  beginning of year $1,953,477 · end of year $2,543,586

• 19 · Deferred revenue

  beginning of year $69,508,723 · end of year $73,879,353

• 20 · Tax-exempt bond liabilities

  beginning of year $48,707,335 · end of year $46,311,074

• 21 · Escrow or custodial account liability

  beginning of year $4,980 · end of year $3,086

• 23 · Secured mortgages and notes payable

  beginning of year $1,667,564 · end of year $39,559

• 25 · Other liabilities

  beginning of year $3,840 · end of year $3,840

• 27 · Net assets without donor restrictions

  beginning of year -$15,999,143 · end of year -$7,781,264

• 28 · Net assets with donor restrictions

  beginning of year $288,086 · end of year $278,575

The filer's explanations (Part III)

PART I, LINE 7

CERTAIN EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A RECEIVED PERFORMANCE AND/OR HOLIDAY BONUSES.