Skip to content
Nonprofiteer
← ASSISI HOUSING CORPORATION

Form 990 for tax year 2023

Filed by ASSISI HOUSING CORPORATION.

Totals

Total revenue
$267,461
Total expenses
$333,330
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$265,512
Investment income
$1,626
Other revenue
$323
Total assets, end of year
$2,495,747
Total liabilities, end of year
$2,976,805
Net assets or fund balances, end of year
-$481,058
Program services expenses (Part IX)
$327,113
Management and general expenses
$6,217
Fundraising expenses
$0
Program service expenses (Part III)
$327,113

Program services were 98.1% 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: RENTAL INCOME

    total $246,346 · related or exempt $246,346

  • 2b · Program service revenue: SUPPORTIVE SVCS FEES

    total $19,166 · related or exempt $19,166

  • 3 · Investment income

    total $1,626 · excluded $1,626

  • 11a · Other revenue: LAUNDRY INCOME

    total $182 · related or exempt $182

  • 11b · Other revenue: MISCELLANEOUS

    total $141 · related or exempt $141

  • 11e · Other revenue, total

    $323

Functional expenses

Part IX, the statement of functional expenses.

  • 10 · Payroll taxes

    total $6,537 · program services $6,537

  • 11a · Fees: management

    total $12,015 · program services $9,612 · management and general $2,403

  • 11b · Fees: legal

    total $2,748 · management and general $2,748

  • 11c · Fees: accounting

    total $17,547 · program services $17,547

  • 11g · Fees: other

    total $70,306 · program services $70,306

  • 13 · Office expenses

    total $354 · program services $301 · management and general $53

  • 16 · Occupancy

    total $87,832 · program services $87,832

  • 20 · Interest

    total $13,936 · program services $13,936

  • 22 · Depreciation, depletion and amortization

    total $91,543 · program services $91,543

  • 23 · Insurance

    total $19,639 · program services $19,639

  • 24a · Other expenses: TELEPHONE AND INTERNET

    total $6,063 · program services $5,154 · management and general $909

  • 24b · Other expenses: VEHICLE EXPENSES

    total $260 · program services $156 · management and general $104

  • 24c · Other expenses: OPERATIONAL EXPENSES

    total $4,550 · program services $4,550

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $66,986 · end of year $94,634

  • 4 · Accounts receivable

    beginning of year $4,044 · end of year $923

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

    $3,002,231

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

    $846,466

  • 10c · Land, buildings and equipment, net

    beginning of year $2,247,308 · end of year $2,155,765

  • 15 · Other assets

    beginning of year $237,836 · end of year $244,425

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,934 · end of year $42,474

  • 21 · Escrow or custodial account liability

    beginning of year $1,437 · end of year $1,445

  • 23 · Secured mortgages and notes payable

    beginning of year $2,942,992 · end of year $2,932,886

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$415,189 · end of year -$481,058

Mission and programs · 2023

Mission

PROVIDE HOUSING FACILITIES TO INCOME ELIGIBLE INDIVIDUALS AND FAMILIES INTENDED TO MEET THEIR PHYSICAL, SOCIAL, ECONOMIC AND PSYCHOLOGICAL NEEDS.

  • PROVIDE CLEAN, SAFE AND AFFORDABLE HOUSING UNITS TO 19 FAMILIES WITH LOW OR MODERATE INCOMES AND PROVIDED SUPPORTIVE SERVICES TO THESE FAMILIES.

    Expenses $327,113 · Revenue $267,461

As filed on the 2023 return.

Listed in Part VII

  • Victor Andreozzi

    EXECUTIVE DIRECTOR

    Total calculated
    $62,250
    From this org
    $0
    From related orgs
    $62,250
    Other
    $0
    Hours/week
    5 + 35 related

  • Kevin Kiley

    CLERK

    Total calculated
    $0
    Hours/week
    0.1

  • Edgar M Da Cunha

    PRESIDENT TREASURER AND DIRE

    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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
17 September 2024
IRS schema version
2023v5.1
Source object
202442999349300039

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.