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Nonprofiteer
← VILLA ST FRANCIS REAL ESTATE HOLDINGS INC

Form 990 for tax year 2022

Filed by VILLA ST FRANCIS REAL ESTATE HOLDINGS INC.

Totals

Total revenue
$459,479
Total expenses
$479,341
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$459,479
Investment income
$0
Other revenue
$0
Total assets, end of year
$8,180,860
Total liabilities, end of year
$4,222,304
Net assets or fund balances, end of year
$3,958,556
Program services expenses (Part IX)
$356,543
Management and general expenses
$122,798
Fundraising expenses
$0
Program service expenses (Part III)
$356,543

Program services were 74.4% 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 $459,479 · related or exempt $459,479

Functional expenses

Part IX, the statement of functional expenses.

  • 16 · Occupancy

    total $81,003 · program services $81,003

  • 20 · Interest

    total $122,798 · management and general $122,798

  • 22 · Depreciation, depletion and amortization

    total $233,102 · program services $233,102

  • 24a · Other expenses: SUPPLIES AND OTHER EXPENS

    total $42,438 · program services $42,438

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $116 · end of year $107

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

    $8,122,545

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

    $252,527

  • 10c · Land, buildings and equipment, net

    beginning of year $8,103,120 · end of year $7,870,018

  • 15 · Other assets

    beginning of year $293,714 · end of year $310,735

  • 17 · Accounts payable and accrued expenses

    beginning of year $293,714 · end of year $275,010

  • 23 · Secured mortgages and notes payable

    beginning of year $4,143,543 · end of year $4,013,182

  • 25 · Other liabilities

    end of year -$65,888

  • 27 · Net assets without donor restrictions

    beginning of year $3,959,693 · end of year $3,958,556

Mission and programs · 2022

Mission

VILLA ST. FRANCIS REAL ESTATE HOLDINGS, INC OWNS THE BUILDING THAT VILLA ST. FRANCIS CATHOLIC CARE CENTER, INC OCCUPIES AS A LONG TERM CARE NURSING HOME FACILITY.

Activities or mission (Part I)

VILLA ST. FRANCIS REAL ESTATE HOLDINGS, INC. OWNS THE BUILDING THAT VILLA ST. FRANCIS CATHOLIC CARE CENTER, INC. OCCUPIES AS A LONG TERM CARE NURSING HOME FACILITY.

  • VILLA ST. FRANCIS REAL ESTATE HOLDINGS, INC OWNS THE BUILDING THAT VILLA ST. FRANCIS CATHOLIC CARE CENTER, INC OCCUPIES AS A LONG TERM CARE NURSING HOME FACILITY.

    Expenses $356,543 · Revenue $459,479

As filed on the 2022 return.

Listed in Part VII

  • Nicole Anthony

    CFO

    Total calculated
    $196,894
    From this org
    $0
    From related orgs
    $185,485
    Other
    $11,409
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    not reported + $185,485 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $11,409 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $196,894 related
  • Jacqueline Hollis

    COO

    Total calculated
    $183,405
    From this org
    $0
    From related orgs
    $177,524
    Other
    $5,881
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $177,524 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $5,881 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $183,405 related
  • Rodney Whittington

    CEO

    Total calculated
    $159,760
    From this org
    $0
    From related orgs
    $157,146
    Other
    $2,614
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $157,146 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $2,614 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $159,760 related
  • JD Benning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Bibler

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Bob Bregant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Heady

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Rhonda Janky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Patricia Markey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark McKinzie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brett Parise

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gary Pennings

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Michael Skoch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Virgo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349319968

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