Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $144,841

• 1g · Noncash contributions included above

  $2,905

• 2a · Program service revenue: Resident Revenue

  total $9,230,526 · related or exempt $9,230,526

• 2f · All other program service revenue

  total $2,200 · related or exempt $2,200

• 3 · Investment income

  total $9,181 · excluded $9,181

• 6a · Gross rents

  real property $59,768

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $59,768

• 6d · Net rental income or loss

  total $59,768 · excluded $59,768

• 7a · Gross sales of assets other than inventory

  other assets $262,018

• 7b · Less cost or other basis and sales expenses

  other assets $0

• 7c · Gain or loss

  other assets $262,018

• 7d · Net gain or loss

  total $262,018 · excluded $262,018

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $6,692,418 · program services $6,167,781 · management and general $524,637

• 9 · Other employee benefits

  total $309,647 · program services $264,679 · management and general $44,968

• 10 · Payroll taxes

  total $510,437 · program services $469,268 · management and general $41,169

• 11g · Fees: other

  total $744,498 · program services $489,148 · management and general $254,653 · fundraising $697

• 13 · Office expenses

  total $152,851 · program services $133,536 · management and general $18,492 · fundraising $823

• 16 · Occupancy

  total $310,020 · program services $252,697 · management and general $57,323

• 17 · Travel

  total $6,249 · program services $3,367 · management and general $2,882

• 19 · Conferences, conventions and meetings

  total $11,100 · program services $5,319 · management and general $5,781

• 20 · Interest

  total $155,333 · program services $130,092 · management and general $25,241

• 22 · Depreciation, depletion and amortization

  total $437,746 · program services $321,866 · management and general $115,880

• 23 · Insurance

  total $63,686 · program services $50,745 · management and general $12,941

• 24a · Other expenses: Food

  total $370,094 · program services $370,050 · management and general $44

• 24b · Other expenses: Dues and Subscriptions

  total $31,726 · program services $17,825 · management and general $13,901

• 24e · All other expenses

  total $36,650 · program services $4,436 · management and general $32,210 · fundraising $4

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $385,146 · end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $2,134,162 · end of year $0

• 3 · Pledges and grants receivable

  end of year $0

• 4 · Accounts receivable

  beginning of year $672,029 · end of year $0

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $0

• 8 · Inventories for sale or use

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $57,462 · end of year $0

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $6,571,863 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $654,930 · end of year $0

• 12 · Investments: other securities

  end of year $0

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  end of year $0

• 15 · Other assets

  beginning of year $86,398 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $858,350

• 23 · Secured mortgages and notes payable

  beginning of year $4,893,743

• 27 · Net assets without donor restrictions

  beginning of year $4,809,897 · end of year $0

The filer's explanations (Part III)

Part I, Line 1b:

John Estrem and Kristin Pyka are employees of Hammer Residences, Inc., a related organization, therefore their compensation is set by the related organization.