Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $100,703

• 2a · Program service revenue: ELDERLY HOUSING

  total $60,253 · related or exempt $60,253

• 3 · Investment income

  total $84 · excluded $84

• 11a · Other revenue: BAD DEBT RECOVERIES

  total $1,141 · excluded $1,141

• 11d · All other revenue

  total $3,641 · excluded $3,641

• 11e · Other revenue, total

  $4,782

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $25,056 · program services $19,046 · management and general $6,010

• 8 · Pension plan contributions

  total $1,412 · program services $1,078 · management and general $334

• 9 · Other employee benefits

  total $247 · program services $189 · management and general $58

• 10 · Payroll taxes

  total $1,671 · program services $1,276 · management and general $395

• 11a · Fees: management

  total $16,639 · program services $14,544 · management and general $2,095

• 11c · Fees: accounting

  total $850 · program services $743 · management and general $107

• 11g · Fees: other

  total $13,929 · program services $12,175 · management and general $1,754

• 13 · Office expenses

  total $813 · program services $711 · management and general $102

• 16 · Occupancy

  total $15,829 · program services $13,836 · management and general $1,993

• 17 · Travel

  total $533 · program services $466 · management and general $67

• 20 · Interest

  total $3,268 · program services $3,268

• 22 · Depreciation, depletion and amortization

  total $37,553 · program services $36,315 · management and general $1,238

• 23 · Insurance

  total $3,263 · program services $2,852 · management and general $411

• 24a · Other expenses: REPAIRS AND MAINTENANCE

  total $4,543 · program services $3,971 · management and general $572

• 24b · Other expenses: TAXES AND LICENSES

  total $3,718 · program services $3,250 · management and general $468

• 24c · Other expenses: SUPPLIES

  total $1,688 · program services $1,475 · management and general $213

• 24d · Other expenses: FOOD SUPPLIES

  total $281 · program services $246 · management and general $35

• 24e · All other expenses

  total $179 · program services $156 · management and general $23

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,921 · end of year $166,487

• 8 · Inventories for sale or use

  beginning of year $542 · end of year $0

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

  $1,124,563

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

  $822,340

• 10c · Land, buildings and equipment, net

  beginning of year $332,405 · end of year $302,223

• 15 · Other assets

  beginning of year $45,289 · end of year $52,754

• 17 · Accounts payable and accrued expenses

  beginning of year $2,592 · end of year $1,593

• 20 · Tax-exempt bond liabilities

  beginning of year $268,650 · end of year $251,484

• 21 · Escrow or custodial account liability

  beginning of year $6,448 · end of year $6,239

• 25 · Other liabilities

  beginning of year $199,264 · end of year $319,595

• 27 · Net assets without donor restrictions

  beginning of year -$91,797 · end of year -$57,447

The filer's explanations (Part III)

PART I, LINE 3

A RELATED ORGANIZATION OF THE FILING ORGANIZATION USES ONE OR MORE OF THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: -INDEPENDENT COMPENSATION CONSULTANT -WRITTEN EMPLOYMENT CONTRACT -COMPENSATION SURVEY OR STUDY, AND -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PLEASE REFER TO THE FORM 990, PART VI, LINE 15A DISCLOSURE IN SCHEDULE O FOR ADDITIONAL DETAILS ON HOW COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED.