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← WALTER S BROOKS ELDERLY HOMES AT ORMONT COURT INC

Form 990 for tax year 2022

Filed by WALTER S BROOKS ELDERLY HOMES AT ORMONT COURT INC.

Totals

Total revenue
$224,200
Total expenses
$233,238
Contributions and grants received
$167,645
Grants paid
$0
Program service revenue
$55,435
Investment income
$812
Other revenue
$308
Total assets, end of year
$1,272,017
Total liabilities, end of year
$140,333
Net assets or fund balances, end of year
$1,131,684
Program services expenses (Part IX)
$211,658
Management and general expenses
$21,580
Fundraising expenses
$0
Program service expenses (Part III)
$211,658

Program services were 90.7% 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.

  • 1e · Government grants (contributions)

    $167,645

  • 2a · Program service revenue: TENANT RENTS

    total $55,435 · related or exempt $55,435

  • 3 · Investment income

    total $812 · excluded $812

  • 11a · Other revenue: LAUNDRY & VENDING REVE

    total $308 · related or exempt $308

  • 11e · Other revenue, total

    $308

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $9,360 · management and general $9,360

  • 11b · Fees: legal

    total $534 · program services $534

  • 11c · Fees: accounting

    total $12,220 · management and general $12,220

  • 11g · Fees: other

    total $21,852 · program services $21,852

  • 13 · Office expenses

    total $6,089 · program services $6,089

  • 16 · Occupancy

    total $123,911 · program services $123,911

  • 19 · Conferences, conventions and meetings

    total $303 · program services $303

  • 22 · Depreciation, depletion and amortization

    total $50,538 · program services $50,538

  • 24a · Other expenses: RESIDENT SERVICES

    total $8,264 · program services $8,264

  • 24b · Other expenses: BAD DEBTS

    total $167 · program services $167

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $26,916 · end of year $15,022

  • 4 · Accounts receivable

    beginning of year $245 · end of year $1,799

  • 9 · Prepaid expenses and deferred charges

    end of year $11,876

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

    $1,811,064

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

    $838,641

  • 10c · Land, buildings and equipment, net

    beginning of year $1,019,961 · end of year $972,423

  • 15 · Other assets

    beginning of year $236,186 · end of year $270,897

  • 17 · Accounts payable and accrued expenses

    beginning of year $93,090 · end of year $89,076

  • 19 · Deferred revenue

    beginning of year $664 · end of year $75

  • 21 · Escrow or custodial account liability

    beginning of year $3,761 · end of year $3,761

  • 24 · Unsecured notes and loans payable

    beginning of year $45,071 · end of year $47,421

  • 27 · Net assets without donor restrictions

    beginning of year $1,140,722 · end of year $1,131,684

Mission and programs · 2022

Mission

PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY.

Activities or mission (Part I)

PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY

  • PROVIDE LOW INCOME ELDERLY PERSONS WITH AFFORDABLE HOUSING FACILITIES, AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

    Expenses $211,658 · Revenue $55,743

As filed on the 2022 return.

Listed in Part VII

  • Bishop Theodore Brooks

    PRESIDENT, EXECUTIVE DIREC

    Total calculated
    $0
    Hours/week
    0.1

  • Darrell Brooks

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1

  • Susan McCann

    SECRETARY (UNTIL 7/8/22)

    Total calculated
    $0
    Hours/week
    0.1

  • D Morgan Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Irrita Osborn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Andrea Jackson Brooks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Milton Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Willie Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
25 April 2024
IRS schema version
2022v5.0
Source object
202411209349300636

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