Form 990 for tax year 2024

1e · Government grants (contributions)

$171,569

1f · All other contributions, gifts and grants

$484,253

1g · Noncash contributions included above

$102,080

2a · Program service revenue: HOME AND LAND SALES

total $1,660,000 · related or exempt $1,660,000

2b · Program service revenue: MORTGAGE LOAN INCOME

total $3,998 · related or exempt $3,998

3 · Investment income

total $2,742 · excluded $2,742

8a · Fundraising events: gross income

$88,094

8b · Fundraising events: direct expenses

$25,882

8c · Net income from fundraising events

total $62,212 · excluded $62,212

10a · Gross sales of inventory

$192,356

10b · Cost of goods sold

$0

10c · Net income from sales of inventory

total $192,356 · related or exempt $192,356

11a · Other revenue: MISC. REVENUE-RELATED-

total $2,290 · related or exempt $2,290

11e · Other revenue, total

$2,290

5 · Compensation of officers, directors and key employees

total $141,623 · program services $70,811 · management and general $70,812

7 · Other salaries and wages

total $248,237 · program services $124,119 · management and general $124,118

8 · Pension plan contributions

total $3,959 · program services $3,959

9 · Other employee benefits

total $50,856 · program services $50,856

10 · Payroll taxes

total $34,517 · program services $34,517

11c · Fees: accounting

total $54,523 · management and general $54,523

12 · Advertising and promotion

total $3,666 · program services $477 · management and general $2,981 · fundraising $208

13 · Office expenses

total $127,974 · program services $27,974 · management and general $100,000

16 · Occupancy

total $128,200 · program services $97,200 · management and general $31,000

19 · Conferences, conventions and meetings

total $1,325 · program services $1,325

20 · Interest

total $160,253 · program services $80,126 · management and general $80,127

22 · Depreciation, depletion and amortization

total $13,406 · program services $13,406

23 · Insurance

total $42,028 · program services $37,628 · management and general $4,400

24a · Other expenses: COST OF HOME SALES

total $1,319,523 · program services $1,319,523

24b · Other expenses: FORGIVENESS OF DEBT

total $32,108 · management and general $32,108

24c · Other expenses: FUNDRAISING

total $25,882 · fundraising $25,882

24d · Other expenses: NATIONAL COMMUNITY SERV

total $22,236 · program services $22,236

24e · All other expenses

total $5,000 · program services $5,000

1 · Cash, non-interest-bearing

beginning of year $69,113 · end of year $152,878

2 · Savings and temporary cash investments

beginning of year $64,596 · end of year $1,104

3 · Pledges and grants receivable

end of year $10,662

4 · Accounts receivable

beginning of year $32,206

7 · Other notes and loans receivable

beginning of year $628,223 · end of year $731,944

9 · Prepaid expenses and deferred charges

beginning of year $13,654 · end of year $12,643

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

$135,862

10b · Land, buildings and equipment: accumulated depreciation

$105,798

10c · Land, buildings and equipment, net

beginning of year $43,470 · end of year $30,064

12 · Investments: other securities

beginning of year $32,070 · end of year $33,530

14 · Intangible assets

beginning of year $232,942 · end of year $165,901

15 · Other assets

beginning of year $2,299,048 · end of year $1,713,705

17 · Accounts payable and accrued expenses

beginning of year $240,528 · end of year $108,563

22 · Loans and payables to officers and key people

beginning of year $70,000

25 · Other liabilities

beginning of year $1,835,745 · end of year $1,284,833

27 · Net assets without donor restrictions

beginning of year $1,215,135 · end of year $1,437,651

28 · Net assets with donor restrictions

beginning of year $53,914 · end of year $21,384