Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$230,303

2a · Program service revenue: HOME SALES

total $295,000 · related or exempt $295,000

2b · Program service revenue: MORTGAGE DISCOUNT AMOR

total $52,952 · related or exempt $52,952

2f · All other program service revenue

total $65,091 · related or exempt $65,091

3 · Investment income

total $15,103 · excluded $15,103

8a · Fundraising events: gross income

$30,950

8b · Fundraising events: direct expenses

$6,227

8c · Net income from fundraising events

total $24,723 · excluded $24,723

10a · Gross sales of inventory

$314,671

10b · Cost of goods sold

$223,074

10c · Net income from sales of inventory

total $91,597 · related or exempt $91,597

5 · Compensation of officers, directors and key employees

total $60,486 · program services $60,486

7 · Other salaries and wages

total $78,263 · program services $35,291 · management and general $18,215 · fundraising $24,757

9 · Other employee benefits

total $3,991 · program services $2,768 · management and general $544 · fundraising $679

10 · Payroll taxes

total $10,573 · program services $7,294 · management and general $1,388 · fundraising $1,891

11b · Fees: legal

total $9,700 · management and general $9,700

11c · Fees: accounting

total $2,976 · management and general $2,976

13 · Office expenses

total $15,777 · program services $9,480 · management and general $6,297

20 · Interest

total $2,831 · management and general $2,831

22 · Depreciation, depletion and amortization

total $5,989 · program services $1,491 · management and general $4,498

23 · Insurance

total $22,133 · program services $3,626 · management and general $18,507

24a · Other expenses: COST OF HOMES TRANSFERR

total $300,081 · program services $300,081

24b · Other expenses: DISCOUNT ON NEW MORTGAG

total $180,857 · program services $180,857

24c · Other expenses: IMPUTED INTEREST ON LOA

total $18,103 · program services $18,103

24d · Other expenses: UTILITIES

total $4,965 · management and general $4,965

1 · Cash, non-interest-bearing

beginning of year $107,022 · end of year $304,326

3 · Pledges and grants receivable

beginning of year $18,482 · end of year $5,895

7 · Other notes and loans receivable

beginning of year $598,624 · end of year $649,669

8 · Inventories for sale or use

beginning of year $0 · end of year $41

9 · Prepaid expenses and deferred charges

beginning of year $5,983 · end of year $8,056

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

$1,091,241

10b · Land, buildings and equipment: accumulated depreciation

$287,531

10c · Land, buildings and equipment, net

beginning of year $829,258 · end of year $803,710

11 · Investments: publicly traded securities

beginning of year $350,351 · end of year $213,271

15 · Other assets

beginning of year $654,015 · end of year $613,679

17 · Accounts payable and accrued expenses

beginning of year $36,256 · end of year $42,087

23 · Secured mortgages and notes payable

beginning of year $502,679 · end of year $473,716

27 · Net assets without donor restrictions

beginning of year $2,024,800 · end of year $2,082,844