Totals
- Total revenue
- $840,599
- Total expenses
- $766,069
- Contributions and grants received
- $645,664
- Grants paid
- $0
- Program service revenue
- $191,735
- Investment income
- $0
- Other revenue
- $3,200
- Total assets, end of year
- $1,904,541
- Total liabilities, end of year
- $812,041
- Net assets or fund balances, end of year
- $1,092,500
- Program services expenses (Part IX)
- $478,797
- Management and general expenses
- $287,272
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $478,799
Program services were 62.5% 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.
-
1e · Government grants (contributions)
$639,539
-
1f · All other contributions, gifts and grants
$6,125
-
2a · Program service revenue: Construstion Income
total $171,735 · related or exempt $171,735
-
2b · Program service revenue: 21 Days of Peach
total $20,000 · related or exempt $20,000
-
6a · Gross rents
real property $3,200
-
6c · Rental income or loss
real property $3,200
-
6d · Net rental income or loss
total $3,200
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $58,707 · management and general $58,707
-
7 · Other salaries and wages
total $541,912 · program services $478,437 · management and general $63,475
-
11a · Fees: management
total $3,700 · management and general $3,700
-
11b · Fees: legal
total $16,436 · management and general $16,436
-
11c · Fees: accounting
total $2,500 · management and general $2,500
-
12 · Advertising and promotion
total $1,725 · management and general $1,725
-
13 · Office expenses
total $1,435 · program services $345 · management and general $1,090
-
16 · Occupancy
total $44,433 · management and general $44,433
-
17 · Travel
total $5,611 · program services $15 · management and general $5,596
-
19 · Conferences, conventions and meetings
total $12,282 · management and general $12,282
-
20 · Interest
total $29,159 · management and general $29,159
-
23 · Insurance
total $16,627 · management and general $16,627
-
24a · Other expenses: Construction Materials
total $31,542 · management and general $31,542
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $22,495 · end of year $43,258
-
4 · Accounts receivable
end of year $3,200
-
10a · Land, buildings and equipment: cost or other basis
$1,918,279
-
10b · Land, buildings and equipment: accumulated depreciation
$60,196
-
10c · Land, buildings and equipment, net
beginning of year $1,858,083 · end of year $1,858,083
-
17 · Accounts payable and accrued expenses
beginning of year $4,676 · end of year $4,516
-
23 · Secured mortgages and notes payable
beginning of year $1,144,973 · end of year $807,525
-
27 · Net assets without donor restrictions
beginning of year $730,929 · end of year $1,092,500
Mission and programs · 2023
Mission
Committed to creating decent housing in the Twin Cities area and create jobs to strengthen the community.
Activities or mission (Part I)
Create opportunities and consumerism thru the construction industry
-
21 Days of Peace is an community effort with the faith and community leaders patrolling "hot spots" to get a handle on the violence in the Twin Cities. This outreach is the intentional activation of prayer, persistence and presence of the community to take back the community from violence.
Expenses $68,799
-
Salem, Inc is to promote positive change with the Crime Prevention & Intervention - Street Patrol, Victim Services and Outreach Crisis response. Salem, Inc has partnered with government and social organization in community building of civic engagement and social interaction with the families and individuals. Providing family enrichment, parenting, grief and trauma and street patrolling of the stressed community spots.
Expenses $410,000
As filed on the 2023 return.
Listed in Part VII
-
JERRY MCAFEE
President
- Total calculated
- $0
-
KESSA FORD
Secretary
- Total calculated
- $38,098
- From this org
- $38,098
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
COURTNEY MCAFEE
Board Member
- Total calculated
- $20,708
- From this org
- $20,708
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
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
- 2023
- Filed
- 13 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411359349300606
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