Form 990 for tax year 2023

1f · All other contributions, gifts and grants

$191,953

2a · Program service revenue: RENTAL OF HOUSING

total $76,102 · related or exempt $76,102

3 · Investment income

total $329 · excluded $329

11a · Other revenue: FORGIVENESS OF PAYABLE

total $5,000 · excluded $5,000

11b · Other revenue: HAP PAYABLE ADJUSTMENT

total $2,502 · excluded $2,502

11c · Other revenue: TENANT CHARGES

total $821 · related or exempt $821

11d · All other revenue

total $269 · excluded $269

11e · Other revenue, total

$8,592

11a · Fees: management

total $13,978 · program services $9,086 · management and general $4,892

11b · Fees: legal

total $481 · management and general $481

11c · Fees: accounting

total $15,917 · program services $1,734 · management and general $14,183

11g · Fees: other

total $38 · program services $38

13 · Office expenses

total $9,842 · program services $8,608 · management and general $1,234

16 · Occupancy

total $138,281 · program services $138,281

20 · Interest

total $49,520 · program services $49,520

22 · Depreciation, depletion and amortization

total $48,226 · program services $48,226

23 · Insurance

total $23,066 · program services $23,066

24a · Other expenses: SITE MANAGEMENT PAYROLL

total $25,104 · program services $21,338 · management and general $3,766

24b · Other expenses: BAD DEBT EXPENSE

total $13,510 · program services $13,510

24c · Other expenses: APPLICATION PROCESSING

total $501 · program services $501

24e · All other expenses

total $3,903 · program services $3,903

1 · Cash, non-interest-bearing

beginning of year $9,403 · end of year $5,479

4 · Accounts receivable

beginning of year $2,552 · end of year $2,828

9 · Prepaid expenses and deferred charges

beginning of year $10,015 · end of year $2,093

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

$1,859,990

10b · Land, buildings and equipment: accumulated depreciation

$1,301,778

10c · Land, buildings and equipment, net

beginning of year $603,014 · end of year $558,212

15 · Other assets

beginning of year $51,155 · end of year $72,747

17 · Accounts payable and accrued expenses

beginning of year $52,007 · end of year $115,392

19 · Deferred revenue

beginning of year $0 · end of year $384

23 · Secured mortgages and notes payable

beginning of year $1,157,809 · end of year $1,137,809

25 · Other liabilities

beginning of year $16,661 · end of year $3,503

27 · Net assets without donor restrictions

beginning of year -$550,338 · end of year -$615,729