Totals
- Total revenue
- $595,234
- Total expenses
- $215,244
- Contributions and grants received
- $479,002
- Grants paid
- $0
- Program service revenue
- $111,212
- Investment income
- $5,020
- Other revenue
- $0
- Total assets, end of year
- $2,040,060
- Total liabilities, end of year
- $713,860
- Net assets or fund balances, end of year
- $1,326,200
- Program services expenses (Part IX)
- $183,607
- Management and general expenses
- $31,637
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $183,607
Program services were 85.3% 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.
-
1e · Government grants (contributions)
$48,500
-
1f · All other contributions, gifts and grants
$430,502
-
2a · Program service revenue: Rental Income
total $111,212 · related or exempt $111,212
-
3 · Investment income
total $5,020 · related or exempt $5,020
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $72,000 · program services $72,000
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $1,769 · program services $1,769
-
11a · Fees: management
total $4,159 · management and general $4,159
-
11b · Fees: legal
total $4,353 · management and general $4,353
-
11c · Fees: accounting
total $750 · management and general $750
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $6,027 · management and general $6,027
-
12 · Advertising and promotion
total $679 · program services $679
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,181 · program services $2,181
-
17 · Travel
total $1,058 · program services $1,058
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $2,609 · program services $2,609
-
20 · Interest
total $19,382 · program services $19,382
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $43,906 · program services $43,906
-
23 · Insurance
total $10,469 · management and general $10,469
-
24a · Other expenses: Auto
total $5,479 · program services $5,479
-
24b · Other expenses: Bank Charges
total $605 · management and general $605
-
24c · Other expenses: Program Services
total $30,117 · program services $30,117
-
24d · Other expenses: Dues Subscription
total $5,274 · management and general $5,274
-
24e · All other expenses
total $4,427 · program services $4,427
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $444,600 · end of year $496,297
-
8 · Inventories for sale or use
end of year $222,956
-
10a · Land, buildings and equipment: cost or other basis
$1,460,044
-
10b · Land, buildings and equipment: accumulated depreciation
$139,237
-
10c · Land, buildings and equipment, net
beginning of year $1,094,779 · end of year $1,320,807
-
17 · Accounts payable and accrued expenses
beginning of year $1,244 · end of year $1,569
-
19 · Deferred revenue
end of year $13,250
-
23 · Secured mortgages and notes payable
beginning of year $721,217 · end of year $358,962
-
25 · Other liabilities
end of year $340,079
-
31 · Retained earnings, endowment or other funds
beginning of year $816,918 · end of year $1,326,200
Mission and programs · 2022
Mission
to provide workforce development in construction and rebuild blighted housing.
Activities or mission (Part I)
to provide workforce development in construction and rebuild blighted housing. Rebuilt units are maintained for rental purposes.
-
During the year 2022, the organization renovated, remodeled, and upgraded blighted buildings in the Franklinton neighborhood. During the year, 437,535 worth of buildings had been completed. The organization also spent additional 250,674 as ongoing renovation project. The amount is capitalized as construction in progress.
Expenses $153,490
-
Besides the improvements on the blighted buildings, training indoviduals to acquire job skills in construction work is another goal of this organization. The amount spent represents investment on these individuals for training.
Expenses $30,117
As filed on the 2022 return.
Listed in Part VII
-
Steve Wathen
Chairman
- Total calculated
- $0
- Hours/week
- 0.75
-
Tom Heffner
President
- Total calculated
- $0
- Hours/week
- 40
-
Michael Reidelbach
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom Feusse
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Todd Alexander
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Adrian Fredrick
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Francis Wansley
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Bob Apel
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Suzanne Amstutz
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Fred Brothers
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302089349301405
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.