Skip to content
Nonprofiteer
← MOUNT ZION HOUSING AUTHORITY OF HAMMOND INC

Form 990 for tax year 2022

Filed by MOUNT ZION HOUSING AUTHORITY OF HAMMOND INC.

Totals

Total revenue
$1,832,100
Total expenses
$1,833,728
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,819,734
Investment income
$7,220
Other revenue
$5,146
Total assets, end of year
$2,890,426
Total liabilities, end of year
$4,731,303
Net assets or fund balances, end of year
-$1,840,877
Program services expenses (Part IX)
$1,752,963
Management and general expenses
$80,765
Fundraising expenses
$0
Program service expenses (Part III)
$1,752,963

Program services were 95.6% 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: TENANT ASSISTANCE

    total $1,320,688 · related or exempt $1,320,688

  • 2b · Program service revenue: RENTAL INCOME

    total $499,046 · related or exempt $499,046

  • 3 · Investment income

    total $7,220 · excluded $7,220

  • 11a · Other revenue: LAUNDRY & VENDING INCO

    total $4,667 · related or exempt $4,667

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $479 · related or exempt $479

  • 11e · Other revenue, total

    $5,146

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $309,694 · program services $286,236 · management and general $23,458

  • 8 · Pension plan contributions

    total $7,313 · program services $7,313

  • 9 · Other employee benefits

    total $34,404 · program services $34,404

  • 10 · Payroll taxes

    total $28,975 · program services $27,417 · management and general $1,558

  • 11a · Fees: management

    total $82,628 · program services $53,708 · management and general $28,920

  • 11b · Fees: legal

    total $11,000 · management and general $11,000

  • 11c · Fees: accounting

    total $8,095 · management and general $8,095

  • 13 · Office expenses

    total $59,336 · program services $51,602 · management and general $7,734

  • 16 · Occupancy

    total $679,615 · program services $679,615

  • 19 · Conferences, conventions and meetings

    total $1,818 · program services $1,818

  • 20 · Interest

    total $146,617 · program services $146,617

  • 22 · Depreciation, depletion and amortization

    total $258,712 · program services $258,712

  • 23 · Insurance

    total $67,281 · program services $67,281

  • 24a · Other expenses: ELDERLY CARE EXPENSE

    total $118,568 · program services $118,568

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $19,672 · program services $19,672

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $508,706 · end of year $113,201

  • 2 · Savings and temporary cash investments

    beginning of year $42,369 · end of year $63,753

  • 4 · Accounts receivable

    beginning of year $11,674 · end of year $7,200

  • 9 · Prepaid expenses and deferred charges

    beginning of year $114,621 · end of year $110,419

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

    $9,044,192

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

    $7,439,746

  • 10c · Land, buildings and equipment, net

    beginning of year $1,247,676 · end of year $1,604,446

  • 15 · Other assets

    beginning of year $1,182,112 · end of year $991,407

  • 17 · Accounts payable and accrued expenses

    beginning of year $41,526 · end of year $65,383

  • 19 · Deferred revenue

    beginning of year $49,449 · end of year $4,413

  • 23 · Secured mortgages and notes payable

    beginning of year $4,817,859 · end of year $4,624,214

  • 25 · Other liabilities

    beginning of year $37,573 · end of year $37,293

  • 27 · Net assets without donor restrictions

    beginning of year -$1,839,249 · end of year -$1,840,877

Mission and programs · 2022

Mission

TO PROVIDE HOUSING FOR THE ELDERLY & HANDICAPPED.

Activities or mission (Part I)

TO PROVIDE HOUSING FOR THE ELDERLY & HANDICAPPED

  • PROVIDED LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED.

    Expenses $1,752,963 · Revenue $1,824,880

As filed on the 2022 return.

Listed in Part VII

  • Yvonne Wardlow-Bryant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • Eric L Alexander

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4

  • David Jasper

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Rev William Collins

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Timel Moore

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

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
2022
Filed
25 October 2023
IRS schema version
2022v5.0
Source object
202333059349301718

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.