$42K in expenses

The purpose of ST. Alexis hospital association, from the date of its incorporation in 1895, was to establish, maintain and conduct a hospital and long term care facility in the city of cleveland, ohio, to provide spiritual and medical counsel and aid for the care of sick and injured persons regardless of race, color, creed or other condition or circumstance, to engage in education relating to these services, and to provide and maintain facilities for such purposes. In 1995, the hospital business was sold to an unrelated exempt organization. However, ST. Alexis hospital association still acts as a member of alexia manor housing corporation whose purpose is to provide elderly or disabled 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. The ST. Alexis hospital association balance sheet consists primarily of cash and investments, in which the investment income is used to fund various expenditures of alexia manor housing corporation which are not covered by medicare, medicaid, or HUD, as well as community needs in the greater cleveland area. The expenditures provided to alexia manor housing corporation include an activities director.