Skip to content
Nonprofiteer
← ALLIES HOMES 2005 INC

Form 990 for tax year 2022

Filed by ALLIES HOMES 2005 INC.

Totals

Total revenue
$33,710
Total expenses
$56,597
Contributions and grants received
$18,893
Grants paid
$0
Program service revenue
$14,601
Investment income
$195
Other revenue
$21
Total assets, end of year
$936,634
Total liabilities, end of year
$1,189,761
Net assets or fund balances, end of year
-$253,127
Program services expenses (Part IX)
$44,597
Management and general expenses
$12,000
Fundraising expenses
$0
Program service expenses (Part III)
$44,597

Program services were 78.8% 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)

    $18,893

  • 2a · Program service revenue: TENANT RENT

    total $14,601 · related or exempt $14,601

  • 3 · Investment income

    total $195 · excluded $195

  • 11a · Other revenue: SERVICE REVENUE

    total $21 · related or exempt $21

  • 11e · Other revenue, total

    $21

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $12,000 · management and general $12,000

  • 11a · Fees: management

    total $1,362 · program services $1,362

  • 11c · Fees: accounting

    total $14,000 · program services $14,000

  • 13 · Office expenses

    total $1,256 · program services $1,256

  • 16 · Occupancy

    total $12,322 · program services $12,322

  • 22 · Depreciation, depletion and amortization

    total $10,648 · program services $10,648

  • 23 · Insurance

    total $5,009 · program services $5,009

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,930

  • 2 · Savings and temporary cash investments

    beginning of year $423,091 · end of year $405,674

  • 4 · Accounts receivable

    beginning of year $64,581 · end of year $23,014

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

    $673,509

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

    $165,563

  • 10c · Land, buildings and equipment, net

    beginning of year $491,501 · end of year $507,946

  • 17 · Accounts payable and accrued expenses

    beginning of year $95,669 · end of year $72,085

  • 19 · Deferred revenue

    beginning of year $1,115,443 · end of year $1,115,443

  • 21 · Escrow or custodial account liability

    beginning of year $2,231 · end of year $2,233

  • 27 · Net assets without donor restrictions

    beginning of year -$230,240 · end of year -$253,127

Mission and programs · 2022

Mission

TO PROVIDE AFFORDABLE HOUSING FOR PERSONS WITH DISABILITIES.

Activities or mission (Part I)

OPERATION OF GROUP HOMES FOR PERSONS WITH DEVELOPMENTAL DISABILITES.

  • THE HOMES PROVIDE INDEPENDENT LIVING OPPORTUNITIES TO PEOPLE WITH SPECIAL NEEDS IN A SAFE AND COMFORTABLE ENVIRONMENT.

    Expenses $44,597 · Revenue $14,622

As filed on the 2022 return.

Listed in Part VII

  • Michael Haggerty

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $428,716
    From this org
    $0
    From related orgs
    $384,846
    Other
    $43,870
    Hours/week
    2 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $309,846 related
    Bonus
    $0 + $75,000 related
    Other
    $0
    Deferred
    $0 + $28,642 related
    Nontaxable benefits
    $0 + $15,228 related
    Filer's total
    $0 + $428,716 related

  • Richard Manall

    CHIEF FINANCIAL OFFICER

    Total calculated
    $222,221
    From this org
    $0
    From related orgs
    $204,977
    Other
    $17,244
    Hours/week
    2 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $169,977 related
    Bonus
    $0 + $35,000 related
    Other
    $0
    Deferred
    $0 + $8,400 related
    Nontaxable benefits
    $0 + $8,844 related
    Filer's total
    $0 + $222,221 related

  • Andre Caldini

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Carla Cook

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Paula Jean Harrington

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 8 related

  • Michael Marrazzo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related

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

None.

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
14 March 2024
IRS schema version
2022v5.0
Source object
202420749349300332

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.