Form 990 for tax year 2024
Filed by ST CLARE APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC.
Totals
- Total revenue
- $357,905
- Total expenses
- $503,821
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $344,412
- Investment income
- $10,697
- Other revenue
- $2,796
- Total assets, end of year
- $1,658,931
- Total liabilities, end of year
- $117,005
- Net assets or fund balances, end of year
- $1,541,926
- Program services expenses (Part IX)
- $310,737
- Management and general expenses
- $193,084
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $310,737
Program services were 61.7% 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: TENANT ASSISTANCE PAYM
total $202,117 · related or exempt $202,117
-
2b · Program service revenue: RENTAL INCOME
total $142,295 · related or exempt $142,295
-
3 · Investment income
total $10,697 · excluded $10,697
-
11a · Other revenue: LAUNDRY & VENDING REVE
total $2,113 · excluded $2,113
-
11b · Other revenue: MISCELLANEOUS
total $500 · excluded $500
-
11c · Other revenue: TENANT CHARGES
total $183 · excluded $183
-
11e · Other revenue, total
$2,796
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $103,047 · program services $24,337 · management and general $78,710
-
9 · Other employee benefits
total $14,659 · program services $3,462 · management and general $11,197
-
10 · Payroll taxes
total $8,835 · program services $2,087 · management and general $6,748
-
11a · Fees: management
total $42,426 · management and general $42,426
-
11b · Fees: legal
total $9,056 · management and general $9,056
-
11c · Fees: accounting
total $3,648 · management and general $3,648
-
11g · Fees: other
total $70,612 · program services $55,147 · management and general $15,465
-
12 · Advertising and promotion
total $430 · management and general $430
-
13 · Office expenses
total $12,502 · management and general $12,502
-
14 · Information technology
total $5,349 · management and general $5,349
-
16 · Occupancy
total $39,674 · program services $39,674
-
19 · Conferences, conventions and meetings
total $223 · management and general $223
-
22 · Depreciation, depletion and amortization
total $80,611 · program services $80,611
-
23 · Insurance
total $31,695 · program services $31,695
-
24a · Other expenses: REPAIRS
total $30,299 · program services $30,299
-
24b · Other expenses: MAINTENANCE SUPPLIES
total $26,583 · program services $26,583
-
24c · Other expenses: GARBAGE & TRASH REMOVAL
total $8,358 · program services $8,358
-
24d · Other expenses: SNOW REMOVAL
total $5,354 · program services $5,354
-
24e · All other expenses
total $10,460 · program services $3,130 · management and general $7,330
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $103,267 · end of year $9,092
-
4 · Accounts receivable
beginning of year $2,743 · end of year $6,582
-
9 · Prepaid expenses and deferred charges
beginning of year $2,168 · end of year $3,257
-
10a · Land, buildings and equipment: cost or other basis
$3,693,592
-
10b · Land, buildings and equipment: accumulated depreciation
$2,518,242
-
10c · Land, buildings and equipment, net
beginning of year $1,255,961 · end of year $1,175,350
-
15 · Other assets
beginning of year $456,242 · end of year $464,650
-
17 · Accounts payable and accrued expenses
beginning of year $116,570 · end of year $105,152
-
19 · Deferred revenue
beginning of year $3,026 · end of year $647
-
25 · Other liabilities
beginning of year $12,943 · end of year $11,206
-
27 · Net assets without donor restrictions
beginning of year $1,687,842 · end of year $1,541,926
Mission and programs · 2024
Mission
TO PROVIDE LOW INCOME HOUSING.
-
TO PROVIDE LOW-INCOME ELDERLY AND DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES TO SPECIFICALLY MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.
Expenses $310,737 · Revenue $344,412
As filed on the 2024 return.
Listed in Part VII
-
Rev Msgr Robert ZapfelREV MSGR ROBERT ZAPFEL
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas GleasonTHOMAS GLEASON
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Penny ArnoldPENNY ARNOLD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Maria GarzonMARIA GARZON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Rusty EdwardsRUSTY EDWARDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Leonardo Sette-CamaraLEONARDO SETTE-CAMARA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Patricia O'ConnorPATRICIA O'CONNOR
BOARD MEMBER
- 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
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523219349313202
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