Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $199,338

• 1e · Government grants (contributions)

  $1,857,378

• 1f · All other contributions, gifts and grants

  $580,182

• 2a · Program service revenue: RENTS

  total $3,970,667 · related or exempt $3,970,667

• 2b · Program service revenue: ACCESIBILITY INCOME

  total $272,706 · related or exempt $272,706

• 2c · Program service revenue: MGMT & CONSULTING FEES

  total $234,263 · related or exempt $234,263

• 3 · Investment income

  total $146,992 · excluded $146,992

• 6a · Gross rents

  real property $104,273

• 6b · Less rental expenses

  real property $112,601

• 6c · Rental income or loss

  real property -$8,328

• 6d · Net rental income or loss

  total -$8,328 · unrelated business -$8,328

• 7a · Gross sales of assets other than inventory

  other assets $141,621

• 7b · Less cost or other basis and sales expenses

  other assets $47,992

• 7c · Gain or loss

  other assets $93,629

• 7d · Net gain or loss

  total $93,629 · excluded $93,629

• 8a · Fundraising events: gross income

  $126,899

• 8a · Fundraising events: contributions included on line 1c

  $199,338

• 8b · Fundraising events: direct expenses

  $221,952

• 8c · Net income from fundraising events

  total -$95,053 · excluded -$95,053

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $54,314 · related or exempt $42,755 · unrelated business $11,559

• 11e · Other revenue, total

  $54,314

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $802,330 · program services $514,134 · management and general $230,426 · fundraising $57,770

• 7 · Other salaries and wages

  total $1,521,809 · program services $974,819 · management and general $437,344 · fundraising $109,646

• 8 · Pension plan contributions

  total $17,556 · program services $11,250 · management and general $5,042 · fundraising $1,264

• 9 · Other employee benefits

  total $328,700 · program services $210,631 · management and general $94,401 · fundraising $23,668

• 10 · Payroll taxes

  total $184,178 · program services $118,022 · management and general $52,895 · fundraising $13,261

• 11b · Fees: legal

  total $34,724 · program services $3,680 · management and general $31,044

• 11c · Fees: accounting

  total $39,267 · program services $4,161 · management and general $35,106

• 11f · Fees: investment management

  total $27,200 · management and general $27,200

• 11g · Fees: other

  total $220,024 · program services $17,531 · management and general $147,893 · fundraising $54,600

• 12 · Advertising and promotion

  total $49,848 · program services $43,989 · management and general $4,699 · fundraising $1,160

• 13 · Office expenses

  total $217,061 · program services $189,782 · management and general $21,877 · fundraising $5,402

• 14 · Information technology

  total $27,090 · program services $23,905 · management and general $2,554 · fundraising $631

• 16 · Occupancy

  total $2,171,565 · program services $1,912,451 · management and general $207,799 · fundraising $51,315

• 19 · Conferences, conventions and meetings

  total $9,916 · program services $6,354 · management and general $2,848 · fundraising $714

• 20 · Interest

  total $36,537 · management and general $36,537

• 22 · Depreciation, depletion and amortization

  total $1,494,519 · program services $1,401,563 · management and general $87,904 · fundraising $5,052

• 23 · Insurance

  total $182,721 · program services $161,244 · management and general $17,224 · fundraising $4,253

• 24a · Other expenses: ACCESSIBILITY MOD COGS

  total $166,830 · program services $166,830

• 24b · Other expenses: VEHICLE EXPENSE

  total $137,779 · program services $131,955 · management and general $5,824

• 24c · Other expenses: OTHER EXPENSE

  total $3,436 · program services $3,031 · management and general $324 · fundraising $81

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $13,625 · end of year $94,914

• 2 · Savings and temporary cash investments

  beginning of year $283,886 · end of year $356,108

• 3 · Pledges and grants receivable

  end of year $115,000

• 4 · Accounts receivable

  beginning of year $477,676 · end of year $228,491

• 7 · Other notes and loans receivable

  beginning of year $542,965

• 9 · Prepaid expenses and deferred charges

  beginning of year $72,848 · end of year $30,287

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

  $52,613,905

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

  $31,090,301

• 10c · Land, buildings and equipment, net

  beginning of year $21,518,621 · end of year $21,523,604

• 11 · Investments: publicly traded securities

  beginning of year $3,375,752 · end of year $3,748,111

• 14 · Intangible assets

  beginning of year $296,570 · end of year $258,710

• 15 · Other assets

  beginning of year $1,802,567 · end of year $2,855,210

• 17 · Accounts payable and accrued expenses

  beginning of year $748,822 · end of year $479,252

• 19 · Deferred revenue

  end of year $5,000

• 21 · Escrow or custodial account liability

  beginning of year $359,531 · end of year $292,089

• 23 · Secured mortgages and notes payable

  beginning of year $9,799,693 · end of year $10,891,657

• 27 · Net assets without donor restrictions

  beginning of year $16,027,633 · end of year $16,375,679

• 28 · Net assets with donor restrictions

  beginning of year $1,448,831 · end of year $1,166,758

The filer's explanations (Part III)

PART I, LINE 4A

JAMES LASHER, CFO 1/1/2024-3/31/2024 SEVERANCE PAYMENTS: SALARY - $100,719 BENEFITS - $11,131 KARL DRIGGS, FORMER COO SEVERANCE PAYMENTS: SALARY - $36,779 BENEFITS - $1,994