Form 990 for tax year 2023

2a · Program service revenue: TENANT RENTAL INCOME

total $632,256 · related or exempt $632,256

3 · Investment income

total $139 · excluded $139

11a · Other revenue: MISCELLANEOUS INCOME

total $3,444 · related or exempt $3,444

11b · Other revenue: LAUNDRY AND VENDING IN

total $786 · related or exempt $786

11e · Other revenue, total

$4,230

11a · Fees: management

total $23,640 · management and general $23,640

11b · Fees: legal

total $885 · management and general $885

11g · Fees: other

total $17,026 · management and general $17,026

12 · Advertising and promotion

total $2,606 · program services $2,532 · management and general $74

13 · Office expenses

total $8,565 · management and general $8,565

14 · Information technology

total $4,093 · management and general $4,093

16 · Occupancy

total $80,748 · program services $80,748

20 · Interest

total $46,600 · program services $46,600

22 · Depreciation, depletion and amortization

total $47,894 · program services $47,894

23 · Insurance

total $30,818 · program services $30,818

24a · Other expenses: CONTRACTED SERVICES

total $216,900 · program services $200,374 · management and general $16,526

24b · Other expenses: REPAIRS & MAINTENANCE

total $86,673 · program services $86,673

24c · Other expenses: EMPLOYEE RENT DISCOUNTS

total $15,792 · program services $15,792

24d · Other expenses: TELEPHONE

total $4,149 · management and general $4,149

24e · All other expenses

total $5,055 · program services $3,059 · management and general $1,996

1 · Cash, non-interest-bearing

beginning of year $58,797 · end of year $39,962

2 · Savings and temporary cash investments

beginning of year $13,600 · end of year $14,400

4 · Accounts receivable

beginning of year $2,843 · end of year $0

9 · Prepaid expenses and deferred charges

beginning of year $17,016 · end of year $24,779

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

$2,070,559

10b · Land, buildings and equipment: accumulated depreciation

$1,660,182

10c · Land, buildings and equipment, net

beginning of year $458,271 · end of year $410,377

15 · Other assets

beginning of year $175,320 · end of year $234,654

17 · Accounts payable and accrued expenses

beginning of year $22,351 · end of year $29,609

21 · Escrow or custodial account liability

beginning of year $13,521 · end of year $14,301

23 · Secured mortgages and notes payable

beginning of year $1,371,213 · end of year $1,316,319

27 · Net assets without donor restrictions

beginning of year -$681,238 · end of year -$636,057