Skip to content
Nonprofiteer
← SOUTHWEST FLORIDA GWI HOUSING XV INC

Form 990 for tax year 2025

Filed by SOUTHWEST FLORIDA GWI HOUSING XV INC.

Totals

Total revenue
$121,361
Total expenses
$224,456
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$121,355
Investment income
$6
Other revenue
$0
Total assets, end of year
$1,678,366
Total liabilities, end of year
$2,480,076
Net assets or fund balances, end of year
-$801,710
Program services expenses (Part IX)
$203,022
Management and general expenses
$21,434
Fundraising expenses
$0
Program service expenses (Part III)
$203,022

Program services were 90.5% 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: RENT REVENUE

    total $121,355 · related or exempt $121,355

  • 3 · Investment income

    total $6 · related or exempt $6

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $15,470 · program services $15,470

  • 9 · Other employee benefits

    total $2,313 · program services $2,313

  • 10 · Payroll taxes

    total $1,146 · program services $1,146

  • 11a · Fees: management

    total $14,213 · management and general $14,213

  • 11c · Fees: accounting

    total $6,849 · management and general $6,849

  • 13 · Office expenses

    total $8,323 · program services $8,323

  • 16 · Occupancy

    total $38,431 · program services $38,431

  • 19 · Conferences, conventions and meetings

    total $372 · management and general $372

  • 22 · Depreciation, depletion and amortization

    total $106,458 · program services $106,458

  • 23 · Insurance

    total $185 · program services $185

  • 24a · Other expenses: MISC. OPERATING & MAINT.

    total $26,007 · program services $26,007

  • 24b · Other expenses: MISC. ADMIN

    total $4,564 · program services $4,564

  • 24c · Other expenses: MISC. TAXES

    total $125 · program services $125

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $432 · end of year $49

  • 4 · Accounts receivable

    beginning of year $6,525 · end of year $1,497

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,500

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

    $2,477,804

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

    $865,983

  • 10c · Land, buildings and equipment, net

    beginning of year $1,692,679 · end of year $1,611,821

  • 15 · Other assets

    beginning of year $82,321 · end of year $64,999

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,716 · end of year $4,405

  • 19 · Deferred revenue

    beginning of year $1,221 · end of year $656

  • 23 · Secured mortgages and notes payable

    beginning of year $2,471,128 · end of year $2,471,128

  • 25 · Other liabilities

    beginning of year $3,249 · end of year $3,887

  • 27 · Net assets without donor restrictions

    beginning of year -$699,857 · end of year -$801,710

Mission and programs · 2025

Mission

PROVIDING HUD SPONSORED INDEPENDENT LIVING FACILITIES FOR LOW INCOME DISABLED INDIVIDUALS.

  • OPERATION OF 14 RESIDENTIAL RENTAL APARTMENTS IN SOUTHWEST FLORIDA DESIGNATED SPECIFICALLY FOR THE OCCUPANCY OF DISABLED PERSONS.

    Expenses $203,022 · Revenue $121,355

As filed on the 2025 return.

Listed in Part VII

  • KEN BENNETT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 1.3 related

  • JENNIFER FISHER

    CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 1.3 related

  • DALE SCHNEIDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 1.3 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.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2025
Filed
3 March 2026
IRS schema version
2025v4.0
Source object
202621319349302422

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.