Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RENTAL INCOME

  total $435,279 · related or exempt $435,279

• 2b · Program service revenue: DIETARY INCOME

  total $3,029 · related or exempt $3,029

• 3 · Investment income

  total $192 · excluded $192

• 11a · Other revenue: OTHER TENANT CHARGES

  total $38,523 · excluded $38,523

• 11b · Other revenue: LAUNDRY INCOME

  total $2,790 · excluded $2,790

• 11e · Other revenue, total

  $41,313

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $42,223 · program services $42,223

• 7 · Other salaries and wages

  total $129,621 · program services $129,621

• 8 · Pension plan contributions

  total $3,779 · program services $3,779

• 9 · Other employee benefits

  total $19,755 · program services $19,755

• 10 · Payroll taxes

  total $18,439 · program services $18,439

• 11b · Fees: legal

  total $395 · management and general $395

• 11c · Fees: accounting

  total $10,230 · management and general $10,230

• 11g · Fees: other

  total $9,440 · program services $6,448 · management and general $2,992

• 12 · Advertising and promotion

  total $2,371 · management and general $2,371

• 13 · Office expenses

  total $11,858 · management and general $11,858

• 16 · Occupancy

  total $125,835 · program services $125,835

• 17 · Travel

  total $816 · management and general $816

• 22 · Depreciation, depletion and amortization

  total $104,769 · program services $104,769

• 23 · Insurance

  total $338 · program services $338

• 24a · Other expenses: REPAIRS AND MAINTENANCE

  total $93,193 · program services $93,193

• 24b · Other expenses: MISC. EXPENSES

  total $18,602 · program services $16,750 · management and general $1,852

• 24c · Other expenses: DIETARY EXPENSES

  total $2,599 · program services $2,599

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $211,237 · end of year $11,114

• 2 · Savings and temporary cash investments

  beginning of year $216,261 · end of year $219,930

• 4 · Accounts receivable

  beginning of year $1,186 · end of year $19

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,312 · end of year $2,392

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

  $3,771,068

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

  $2,110,345

• 10c · Land, buildings and equipment, net

  beginning of year $1,764,705 · end of year $1,660,723

• 15 · Other assets

  beginning of year $82,617 · end of year $156,662

• 17 · Accounts payable and accrued expenses

  beginning of year $37,333 · end of year $43,458

• 19 · Deferred revenue

  beginning of year $7,712 · end of year $71

• 21 · Escrow or custodial account liability

  beginning of year $38,778 · end of year $37,659

• 23 · Secured mortgages and notes payable

  beginning of year $1,385,686 · end of year $1,339,702

• 25 · Other liabilities

  beginning of year $68,409 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $744,400 · end of year $629,950

The filer's explanations (Part III)

PART I, LINE 7

INDIVIDUALS RECEIVED PERFORMANCE BONUS, WHICH WAS APPROVED BY THE BOARD OF DIRECTORS.