Totals
- Total revenue
- $492,435
- Total expenses
- $185,144
- Contributions and grants received
- $0
- Grants paid
- $103,300
- Program service revenue
- $0
- Investment income
- $492,435
- Other revenue
- $0
- Total assets, end of year
- $5,446,030
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,446,030
- Program services expenses (Part IX)
- $103,300
- Management and general expenses
- $81,844
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $103,300
Program services were 55.8% 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.
-
3 · Investment income
total $146,674 · excluded $146,674
-
7a · Gross sales of assets other than inventory
securities $1,228,138
-
7b · Less cost or other basis and sales expenses
securities $882,377
-
7c · Gain or loss
securities $345,761
-
7d · Net gain or loss
total $345,761 · excluded $345,761
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $103,300 · program services $103,300
-
5 · Compensation of officers, directors and key employees
total $2,400 · management and general $2,400
-
11c · Fees: accounting
total $13,000 · management and general $13,000
-
11f · Fees: investment management
total $65,240 · management and general $65,240
-
24a · Other expenses: FOREIGN TAX
total $1,204 · management and general $1,204
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $108,766 · end of year $114,159
-
11 · Investments: publicly traded securities
beginning of year $4,872,522 · end of year $5,331,871
-
28 · Net assets with donor restrictions
beginning of year $4,981,288 · end of year $5,446,030
Mission and programs · 2024
Mission
THE ORGANIZATION'S SOLE PURPOSE IS TO ASSIST IN PROVIDING LOW COST HOUSING TO THE ELDERLY AND LOW INCOME POPULATION.
Activities or mission (Part I)
TO ASSIST IN PROVIDING LOW COST HOUSING TO THE ELDERLY & LOW INCOME POPULATION.
-
THE ORGANIZATION'S SOLE PURPOSE IS TO ASSIST IN PROVIDING LOW COST HOUSING TO THE ELDERLY & LOW INCOME POPULATION.
Expenses $78,300 · Grants $78,300
-
FUNDING TO CULTIVATE COMMUNITY THROUGH PROGRAMS OF MENTORSHIP FOR LOW-INCOME HOUSEHOLDS. IN 2024 THE ORGANIZATION FUNDED THE GREEN HEART PROJECT WHICH BUILDS GARDEN-BASED LEARNING PROJECTS THAT PROVIDE LOW-INCOME HOUSEHOLDS WITH WHOLE, FRESH FRUITS AND VEGETABLES WHILE PROVIDING MENTORSHIP.
Expenses $25,000 · Grants $25,000
As filed on the 2024 return.
Listed in Part VII
-
CARMEL R DODDS
1ST VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
YW SCARBOROUGH III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
IVAN V ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
GEORGE E GRIMBALL III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
JAMES HOWE JR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
PARK B SMITH JR
SECRETARY/TREASURER
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
ELIZABETH D HASSELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
ROBERT HUDSON MYERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
ROBERT B MYERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
J PALMER GAILLARD III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.1
-
WILBUR JOHNSON
2ND VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
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
-
LOW INCOME HOUSING.
-
MENTORSHIP PROGRAM FOR INDIVIDUALS IN LOW INCOME HOUSING
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 June 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541629349300504
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