Skip to content
Nonprofiteer
← VISALIA SENIOR HOUSING II INC

Form 990 for tax year 2024

Filed by VISALIA SENIOR HOUSING II INC.

Totals

Total revenue
$630,469
Total expenses
$774,725
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$622,549
Investment income
$7,920
Other revenue
$0
Total assets, end of year
$3,768,527
Total liabilities, end of year
$6,416,612
Net assets or fund balances, end of year
-$2,648,085
Program services expenses (Part IX)
$704,578
Management and general expenses
$70,147
Fundraising expenses
$0
Program service expenses (Part III)
$704,578

Program services were 90.9% 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 OF HSG TO ELDERLY

    total $622,549 · related or exempt $622,549

  • 3 · Investment income

    total $7,920 · related or exempt $7,920

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $127,962 · program services $127,962

  • 9 · Other employee benefits

    total $48,536 · program services $48,536

  • 10 · Payroll taxes

    total $10,226 · program services $10,226

  • 11a · Fees: management

    total $52,478 · management and general $52,478

  • 11b · Fees: legal

    total $110 · management and general $110

  • 11c · Fees: accounting

    total $17,559 · management and general $17,559

  • 12 · Advertising and promotion

    total $2,063 · program services $2,063

  • 13 · Office expenses

    total $37,958 · program services $37,958

  • 16 · Occupancy

    total $96,219 · program services $96,219

  • 20 · Interest

    total $27,000 · program services $27,000

  • 22 · Depreciation, depletion and amortization

    total $170,810 · program services $170,810

  • 23 · Insurance

    total $3,881 · program services $3,881

  • 24a · Other expenses: OPERATING & MAINTENANCE

    total $107,349 · program services $107,349

  • 24b · Other expenses: ELDERLY CARE SERVICES

    total $52,406 · program services $52,406

  • 24c · Other expenses: OTHER ADMINISTRATIVE

    total $19,537 · program services $19,537

  • 24d · Other expenses: MISC TAXES

    total $631 · program services $631

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $31,075 · end of year $56,885

  • 4 · Accounts receivable

    beginning of year $638 · end of year $4,929

  • 9 · Prepaid expenses and deferred charges

    beginning of year $33,305 · end of year $39,149

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

    $6,511,272

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

    $3,463,141

  • 10c · Land, buildings and equipment, net

    beginning of year $3,218,941 · end of year $3,048,131

  • 15 · Other assets

    beginning of year $566,725 · end of year $619,433

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,517 · end of year $57,211

  • 19 · Deferred revenue

    beginning of year $249 · end of year $2,494

  • 23 · Secured mortgages and notes payable

    beginning of year $6,316,838 · end of year $6,335,984

  • 25 · Other liabilities

    beginning of year $16,909 · end of year $20,923

  • 27 · Net assets without donor restrictions

    beginning of year -$2,503,829 · end of year -$2,648,085

Mission and programs · 2024

Mission

PROVIDES HOUSING TO LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

  • PROVIDES HOUSING TO LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

    Expenses $704,578 · Revenue $622,549

As filed on the 2024 return.

Listed in Part VII

  • Sharon Adams

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Rona Swanson

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Betty-Lee Blackmon

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • David Reimer

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Bob Green

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Rick Wehmueller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Leslie Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cathy Perring

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Regan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Edward Gomez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Heather Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kara Korbel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bill McCall

    EXECUTIVE DI

    Total calculated
    $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.

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
2024
Filed
9 September 2024
IRS schema version
2024v5.0
Source object
202533169349303663

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.