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Nonprofiteer
← CASPIAN HOUSING CORPORATION

Form 990 for tax year 2023

Filed by CASPIAN HOUSING CORPORATION.

Totals

Total revenue
$253,094
Total expenses
$261,655
Contributions and grants received
$147,513
Grants paid
$0
Program service revenue
$105,016
Investment income
$125
Other revenue
$440
Total assets, end of year
$380,959
Total liabilities, end of year
$952,335
Net assets or fund balances, end of year
-$571,376
Program services expenses (Part IX)
$235,687
Management and general expenses
$25,968
Fundraising expenses
$0
Program service expenses (Part III)
$235,687

Program services were 90.1% 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.

  • 1d · Related organizations

    $6,000

  • 1e · Government grants (contributions)

    $141,513

  • 2a · Program service revenue: RENT REVENUE

    total $104,087 · related or exempt $104,087

  • 2b · Program service revenue: LAUNDRY & VENDING REVENUE

    total $929 · related or exempt $929

  • 3 · Investment income

    total $125 · related or exempt $125

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $440 · related or exempt $440

  • 11e · Other revenue, total

    $440

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $16,368 · management and general $16,368

  • 11c · Fees: accounting

    total $11,527 · program services $1,927 · management and general $9,600

  • 12 · Advertising and promotion

    total $1,200 · program services $1,200

  • 13 · Office expenses

    total $2,091 · program services $2,091

  • 16 · Occupancy

    total $94,562 · program services $94,562

  • 17 · Travel

    total $39 · program services $39

  • 20 · Interest

    total $29,052 · program services $29,052

  • 22 · Depreciation, depletion and amortization

    total $21,758 · program services $21,758

  • 23 · Insurance

    total $10,964 · program services $10,964

  • 24a · Other expenses: MGR/SUPER SALARIES

    total $19,756 · program services $19,756

  • 24b · Other expenses: EXTERMINATING EXPENSE

    total $10,750 · program services $10,750

  • 24c · Other expenses: SNOW REMOVAL EXPENSE

    total $7,982 · program services $7,982

  • 24d · Other expenses: REPAIRS CONTRACTED

    total $6,352 · program services $6,352

  • 24e · All other expenses

    total $29,254 · program services $29,254

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $50 · end of year $50

  • 2 · Savings and temporary cash investments

    beginning of year $92,056 · end of year $55,481

  • 4 · Accounts receivable

    beginning of year $10,640 · end of year $9,310

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,734 · end of year $5,354

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

    $1,648,800

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

    $1,400,715

  • 10c · Land, buildings and equipment, net

    beginning of year $177,603 · end of year $248,085

  • 14 · Intangible assets

    beginning of year $66,260 · end of year $62,679

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,776 · end of year $82,053

  • 23 · Secured mortgages and notes payable

    beginning of year $882,180 · end of year $849,370

  • 24 · Unsecured notes and loans payable

    beginning of year $5,485 · end of year $5,485

  • 25 · Other liabilities

    beginning of year $9,717 · end of year $15,427

  • 27 · Net assets without donor restrictions

    beginning of year -$562,815 · end of year -$571,376

Mission and programs · 2023

Mission

THE MISSION OF THE CASPIAN HOUSING CORPORATION IS TO PROVIDE SUBSIDIZED HOUSING TO ELDERLY INDIVIDUALS. HOUSING PROVIDED TO 28 ELDERLY INDIVIDUALS IN THE CURRENT YEAR.

  • PROVIDE HOUSING TO LOW INCOME ELDERLY INDIVIDUALS.

    Expenses $235,687

As filed on the 2023 return.

Listed in Part VII

  • James Baumgartner

    PRESIDENT

    Total calculated
    $0

  • Douglas Kraatz

    VICE PRESIDE

    Total calculated
    $0

  • Authur Aregoni

    SECRETARY/TR

    Total calculated
    $0

  • Jerry Anderson

    DIRECTOR

    Total calculated
    $0

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.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.0
Source object
202403199349310580

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