Form 990 for tax year 2023

Filed by MJF HOUSING NO 3 INC.

Totals

Total revenue: $101,244
Total expenses: $142,841
Contributions and grants received: $36,960
Grants paid: $0
Program service revenue: $63,911
Investment income: $236
Other revenue: $137
Total assets, end of year: $762,110
Total liabilities, end of year: $11,381
Net assets or fund balances, end of year: $750,729
Program services expenses (Part IX): $142,841
Management and general expenses: $0
Fundraising expenses: $0
Program service expenses (Part III): $142,841

Program services were 100.0% 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)

$36,960
2a · Program service revenue: RENTAL REVENUE

total $63,240 · related or exempt $63,240
2b · Program service revenue: LAUNDRY AND VENDING RE

total $671 · related or exempt $671
3 · Investment income

total $236 · excluded $236
11a · Other revenue: MISC INCOME

total $137 · excluded $137
11e · Other revenue, total

$137

Functional expenses

Part IX, the statement of functional expenses.

11a · Fees: management

total $12,348 · program services $12,348
11c · Fees: accounting

total $10,790 · program services $10,790
12 · Advertising and promotion

total $120 · program services $120
13 · Office expenses

total $2,698 · program services $2,698
16 · Occupancy

total $62,431 · program services $62,431
22 · Depreciation, depletion and amortization

total $38,783 · program services $38,783
23 · Insurance

total $191 · program services $191
24a · Other expenses: OTHER EXPENSES

total $14,385 · program services $14,385
24b · Other expenses: CARETAKER FEE

total $1,095 · program services $1,095

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $2,890 · end of year $1,346
4 · Accounts receivable

beginning of year $8,095 · end of year $247
9 · Prepaid expenses and deferred charges

beginning of year $1,449 · end of year $1,516
10a · Land, buildings and equipment: cost or other basis

$1,476,958
10b · Land, buildings and equipment: accumulated depreciation

$801,851
10c · Land, buildings and equipment, net

beginning of year $713,890 · end of year $675,107
15 · Other assets

beginning of year $87,701 · end of year $83,894
17 · Accounts payable and accrued expenses

beginning of year $16,144 · end of year $5,161
19 · Deferred revenue

beginning of year $55 · end of year $186
25 · Other liabilities

beginning of year $5,500 · end of year $6,034
27 · Net assets without donor restrictions

beginning of year $792,326 · end of year $750,729

Mission and programs · 2023

Mission

TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

Activities or mission (Part I)

PROVIDE HOUSING FOR ELDERLY AND DISABLED.

HUD SECTION 202 LOW INCOME HOUSING.

Expenses $142,841 · Revenue $63,911

As filed on the 2023 return.

Listed in Part VII

Miryam RosenzweigMIRYAM ROSENZWEIG

MEMBER - TERM ENDED 12/15/23

Total calculated

$303,456

From this org

$0

From related orgs

$282,492

Other

$20,964

Hours/week

0.5 + 40 related

Schedule J breakdown matched by us

Base

$0 + $282,132 related

Bonus

$0

Other

$0 + $360 related

Deferred

$0 + $8,580 related

Nontaxable benefits

$0 + $12,384 related

Filer's total

$0 + $303,456 related
Moshe KatzMOSHE KATZ

PRESIDENT

Total calculated

$0

Hours/week

1 + 2 related
Charlie TruittCHARLIE TRUITT

VICE PRESIDENT

Total calculated

$0

Hours/week

1 + 1 related
Patrick LubarPATRICK LUBAR

TREASURER

Total calculated

$0

Hours/week

1 + 1 related
Florence CarneolFLORENCE CARNEOL

SECRETARY

Total calculated

$0

Hours/week

1 + 1 related
Fred CroenFRED CROEN

MEMBER - TERM ENDED 12/15/23

Total calculated

$0

Hours/week

1 + 1 related
Brian ParrishBRIAN PARRISH

MEMBER

Total calculated

$0

Hours/week

1 + 1 related
Max RasanskyMAX RASANSKY

MEMBER

Total calculated

$0

Hours/week

1 + 1 related
David WernerDAVID WERNER

MEMBER - TERM ENDED 12/15/23

Total calculated

$0

Hours/week

1 + 1 related
Joan LubarJOAN LUBAR

MEMBER

Total calculated

$0

Hours/week

1 + 1 related
Don SchoenfeldDON SCHOENFELD

MEMBER - TERM ENDED 12/15/23

Total calculated

$0

Hours/week

1 + 1 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.

THE MILWAUKEE JEWISH FOUNDATION INC

501(C)(3) · ENSURE THE CONTINUITY OF THE JEWISH PEOPLE · WI
MJF HOUSING NO 2 INC

501(C)(3) · LOW INCOME HOUSING · WI

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.

MJF GOLDA MEIR HOUSING INC

C · REAL ESTATE RENTAL · WI

Provenance

Return type: form_990
Tax year: 2023
Filed: 27 January 2025
IRS schema version: 2023v6.0
Source object: 202530289349300208

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