Totals
- Total revenue
- $56,378
- Total expenses
- $66,011
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $53,376
- Investment income
- $2
- Other revenue
- $3,000
- Total assets, end of year
- $402,582
- Total liabilities, end of year
- $96,179
- Net assets or fund balances, end of year
- $306,403
- Program services expenses (Part IX)
- $50,977
- Management and general expenses
- $15,034
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $50,977
Program services were 77.2% 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: RENT INCOME
total $53,376 · related or exempt $53,376
-
3 · Investment income
total $2 · excluded $2
-
11a · Other revenue: CANCELLATION OF DEBT
total $3,000 · related or exempt $3,000
-
11e · Other revenue, total
$3,000
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $9,798 · management and general $9,798
-
11c · Fees: accounting
total $2,028 · management and general $2,028
-
13 · Office expenses
total $2,438 · management and general $2,438
-
16 · Occupancy
total $13,523 · program services $13,523
-
22 · Depreciation, depletion and amortization
total $15,211 · program services $15,211
-
23 · Insurance
total $4,562 · program services $4,562
-
24a · Other expenses: CONTRACTS
total $9,437 · program services $9,437
-
24b · Other expenses: SNOW REMOVAL
total $5,474 · program services $5,474
-
24c · Other expenses: SUPPLIES
total $1,107 · program services $1,107
-
24d · Other expenses: SECURITY
total $900 · program services $900
-
24e · All other expenses
total $1,533 · program services $763 · management and general $770
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,670 · end of year $3,138
-
4 · Accounts receivable
beginning of year $394 · end of year $797
-
9 · Prepaid expenses and deferred charges
beginning of year $1,478 · end of year $271
-
10a · Land, buildings and equipment: cost or other basis
$660,777
-
10b · Land, buildings and equipment: accumulated depreciation
$288,053
-
10c · Land, buildings and equipment, net
beginning of year $385,490 · end of year $372,724
-
13 · Investments: program-related
beginning of year $22,913 · end of year $23,508
-
15 · Other assets
beginning of year $2,187 · end of year $2,144
-
17 · Accounts payable and accrued expenses
beginning of year $33,660 · end of year $34,837
-
19 · Deferred revenue
beginning of year $999 · end of year $948
-
21 · Escrow or custodial account liability
beginning of year $2,187 · end of year $2,144
-
23 · Secured mortgages and notes payable
beginning of year $61,250 · end of year $58,250
-
27 · Net assets without donor restrictions
beginning of year $316,036 · end of year $306,403
Mission and programs · 2022
Mission
PROVIDES SAFE, CLEAN, AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS.
Activities or mission (Part I)
TO DEVELOP & BUILD A 7-UNIT APT BUILDING FOR THE LOW-INCOME ELDERLY
-
ORGANIZATION OWNS & MAINTAINS A 7-UNIT APARTMENT BUILDING. THE BUILDING PROVIDES SAFE, CLEAN, AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS.
Expenses $50,977 · Revenue $56,376
As filed on the 2022 return.
Listed in Part VII
-
Porter G Peeples SrPORTER G PEEPLES SR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Denise BrownDENISE BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John LoganJOHN LOGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Keith JonesKEITH JONES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ebony WilliamsEBONY WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Abdul MuhammadABDUL MUHAMMAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Raymond SmithRAYMOND SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sherry FieldsSHERRY FIELDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tasha WhiteTASHA WHITE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Larry ForesterLARRY FORESTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Timothy ElleryTIMOTHY ELLERY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Norman FranklinNORMAN FRANKLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
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
- 22 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301149349301015
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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