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Nonprofiteer
← CAMDEN APARTMENTS INCORPORATED

Form 990 for tax year 2022

Filed by CAMDEN APARTMENTS INCORPORATED.

Totals

Total revenue
$272,517
Total expenses
$234,420
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$268,380
Investment income
$138
Other revenue
$3,999
Total assets, end of year
$639,192
Total liabilities, end of year
$215,636
Net assets or fund balances, end of year
$423,556
Program services expenses (Part IX)
$144,091
Management and general expenses
$90,329
Fundraising expenses
$0
Program service expenses (Part III)
$144,091

Program services were 61.5% 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: RENT INCOME- APTS

    total $268,380 · related or exempt $268,380

  • 3 · Investment income

    total $138 · related or exempt $138

  • 11a · Other revenue: LAUNDRY & VENDING REVE

    total $3,849 · excluded $3,849

  • 11b · Other revenue: TENANT CHARGES

    total $120 · excluded $120

  • 11c · Other revenue: MISC REVENUE

    total $30 · excluded $30

  • 11e · Other revenue, total

    $3,999

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $21,764 · management and general $21,764

  • 7 · Other salaries and wages

    total $45,570 · program services $45,570

  • 11a · Fees: management

    total $29,610 · management and general $29,610

  • 11c · Fees: accounting

    total $14,900 · management and general $14,900

  • 11g · Fees: other

    total $1,826 · program services $1,826

  • 12 · Advertising and promotion

    total $1,743 · management and general $1,743

  • 13 · Office expenses

    total $33,652 · program services $16,277 · management and general $17,375

  • 16 · Occupancy

    total $16,017 · program services $16,017

  • 19 · Conferences, conventions and meetings

    total $294 · management and general $294

  • 20 · Interest

    total $2,456 · program services $2,456

  • 22 · Depreciation, depletion and amortization

    total $18,976 · program services $18,976

  • 23 · Insurance

    total $15,339 · program services $10,696 · management and general $4,643

  • 24a · Other expenses: EQUIPMENT RENTAL & MAIN

    total $22,771 · program services $22,771

  • 24b · Other expenses: SNOW REMOVAL

    total $5,176 · program services $5,176

  • 24c · Other expenses: TRASH REMOVAL

    total $3,951 · program services $3,951

  • 24d · Other expenses: MISC OPER & MAINT EXPEN

    total $375 · program services $375

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $34,664 · end of year $14,609

  • 4 · Accounts receivable

    beginning of year $3,626 · end of year $200

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,036 · end of year $2,442

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

    $1,545,345

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

    $1,248,890

  • 10c · Land, buildings and equipment, net

    beginning of year $312,170 · end of year $296,455

  • 15 · Other assets

    beginning of year $271,519 · end of year $325,486

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,420 · end of year $6,928

  • 23 · Secured mortgages and notes payable

    beginning of year $214,054 · end of year $187,913

  • 25 · Other liabilities

    beginning of year $20,082 · end of year $20,795

  • 27 · Net assets without donor restrictions

    beginning of year $385,459 · end of year $423,556

Mission and programs · 2022

Mission

CAMDEN APARTMENTS, INC. OPERATES A 40 UNIT APARTMENT PROJECT IN CAMDEN, NY. THE ORGANIZATION PRIMARILY PROVIDES HOUSING FOR TENANTS.

  • CAMDEN APARTMENTS, INC. OPERATES A 40 UNIT APARTMENT PROJECT IN CAMDEN, NY. THE ORGANIZATION PRIMARILY PROVIDES HOUSING FOR TENANTS.RENTS ARE SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT AND THE STATE HOUSING AGENCY.

    Expenses $144,091 · Revenue $268,518

As filed on the 2022 return.

Listed in Part VII

  • Donald Davidson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • David Carello

    SR. VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Patricia Caprio

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • John F Buffa

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • David Collis

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • Walter Madej

    CHAPLAIN

    Total calculated
    $0
    Hours/week
    0

  • Timothy Birnie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Frederick T Griffin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Cindy Lafountain

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • John B Ligas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Matthew Nimey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Robert Ryan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Mary E Rhoades

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Richard F Sanborn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Christina Sanfilippo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • John N Vagianelis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

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
21 September 2023
IRS schema version
2022v5.0
Source object
202323129349301137

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