Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $259,559

• 1e · Government grants (contributions)

  $14,890,374

• 1f · All other contributions, gifts and grants

  $801,094

• 1g · Noncash contributions included above

  $15,520

• 2a · Program service revenue: LOW-INCOME CONSUMER RENT

  total $106,093 · related or exempt $106,093

• 2b · Program service revenue: TUITION AND FEES

  total $81,479 · related or exempt $81,479

• 3 · Investment income

  total $140,127 · excluded $140,127

• 6a · Gross rents

  real property $262,648

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $262,648

• 6d · Net rental income or loss

  total $262,648 · excluded $262,648

• 7a · Gross sales of assets other than inventory

  securities $998,380

• 7b · Less cost or other basis and sales expenses

  securities $788,981

• 7c · Gain or loss

  securities $209,399

• 7d · Net gain or loss

  total $209,399 · excluded $209,399

• 8a · Fundraising events: gross income

  $89,585

• 8a · Fundraising events: contributions included on line 1c

  $259,559

• 8b · Fundraising events: direct expenses

  $196,853

• 8c · Net income from fundraising events

  total -$107,268 · excluded -$107,268

• 11a · Other revenue: GAIN ON DISPOSAL OF ASSETS

  total $23,500 · excluded $23,500

• 11b · Other revenue: INSURANCE PROCEEDS

  total $19,682 · related or exempt $19,682

• 11d · All other revenue

  total $40,196 · related or exempt $40,196

• 11e · Other revenue, total

  $83,378

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $799,377 · program services $754,199 · management and general $29,286 · fundraising $15,892

• 7 · Other salaries and wages

  total $9,313,950 · program services $8,808,665 · management and general $326,737 · fundraising $178,548

• 8 · Pension plan contributions

  total $41,918 · program services $36,503 · management and general $3,627 · fundraising $1,788

• 9 · Other employee benefits

  total $504,079 · program services $438,967 · management and general $43,615 · fundraising $21,497

• 10 · Payroll taxes

  total $766,790 · program services $666,406 · management and general $74,662 · fundraising $25,722

• 11a · Fees: management

  total $15,491 · program services $11,324 · management and general $4,167

• 11b · Fees: legal

  total $60,968 · program services $14,077 · management and general $46,891

• 11c · Fees: accounting

  total $45,096 · program services $38,037 · management and general $7,059

• 11f · Fees: investment management

  total $30,924 · management and general $30,924

• 11g · Fees: other

  total $318,214 · program services $181,713 · management and general $91,630 · fundraising $44,871

• 13 · Office expenses

  total $470,848 · program services $358,015 · management and general $71,315 · fundraising $41,518

• 16 · Occupancy

  total $234,915 · program services $204,388 · management and general $28,313 · fundraising $2,214

• 22 · Depreciation, depletion and amortization

  total $321,048 · program services $284,425 · management and general $28,879 · fundraising $7,744

• 23 · Insurance

  total $681,781 · program services $630,747 · management and general $44,615 · fundraising $6,419

• 24a · Other expenses: RESIDENTIAL PROGRAMS

  total $563,603 · program services $563,603

• 24b · Other expenses: STAFF DEVELOPMENT

  total $555,253 · program services $535,227 · management and general $15,803 · fundraising $4,223

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $520,812 · program services $373,886 · management and general $139,461 · fundraising $7,465

• 24d · Other expenses: AFFILIATE RESERVE

  total $287,625 · management and general $287,625

• 24e · All other expenses

  total $346,968 · program services $223,928 · management and general $23,250 · fundraising $99,790

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,276,244 · end of year $1,321,217

• 2 · Savings and temporary cash investments

  beginning of year $1,607,234 · end of year $611,597

• 3 · Pledges and grants receivable

  beginning of year $200,000 · end of year $160,975

• 4 · Accounts receivable

  beginning of year $1,659,507 · end of year $2,330,730

• 9 · Prepaid expenses and deferred charges

  beginning of year $254,208 · end of year $167,291

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

  $10,272,221

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

  $7,305,624

• 10c · Land, buildings and equipment, net

  beginning of year $2,863,093 · end of year $2,966,597

• 11 · Investments: publicly traded securities

  beginning of year $8,372,942 · end of year $10,969,709

• 14 · Intangible assets

  end of year $245,751

• 15 · Other assets

  beginning of year $2,828,631 · end of year $2,871,889

• 17 · Accounts payable and accrued expenses

  beginning of year $1,551,095 · end of year $1,804,426

• 19 · Deferred revenue

  beginning of year $82,050 · end of year $98,350

• 21 · Escrow or custodial account liability

  beginning of year $29,247 · end of year $26,085

• 23 · Secured mortgages and notes payable

  beginning of year $15,762 · end of year $6,180

• 25 · Other liabilities

  beginning of year $856,141 · end of year $1,048,570

• 27 · Net assets without donor restrictions

  beginning of year $13,304,414 · end of year $13,975,934

• 28 · Net assets with donor restrictions

  beginning of year $4,223,150 · end of year $4,686,211

The filer's explanations (Part III)

PART I, LINE 7

DAVID YAEGER RECEIVED A DISCRETIONARY BONUS WHICH WAS INCLUDED IN FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN B(II). THE BONUS IS DETERMINED BASED ON A PERCENTAGE OF BASE WAGES.