Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $18,000

• 2a · Program service revenue: LOW INCOME HOUSING

  total $174,374 · related or exempt $174,374

• 3 · Investment income

  total $3,679 · excluded $3,679

• 11a · Other revenue: VENDING REVENUE

  total $264 · related or exempt $264

• 11e · Other revenue, total

  $264

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $18,000 · management and general $18,000

• 7 · Other salaries and wages

  total $76,202 · program services $28,430 · management and general $47,772

• 11g · Fees: other

  total $16,975 · management and general $16,975

• 13 · Office expenses

  total $6,358 · management and general $6,358

• 16 · Occupancy

  total $44,932 · program services $44,932

• 20 · Interest

  total $1,000 · program services $1,000

• 22 · Depreciation, depletion and amortization

  total $38,184 · program services $38,184

• 23 · Insurance

  total $7,517 · program services $7,517

• 24a · Other expenses: REPAIRS AND MAINTENANCE

  total $20,315 · program services $20,315

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $13,436 · end of year $2,693

• 2 · Savings and temporary cash investments

  beginning of year $101,921 · end of year $112,924

• 4 · Accounts receivable

  end of year $39,161

• 9 · Prepaid expenses and deferred charges

  end of year $728

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

  $1,543,472

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

  $649,580

• 10c · Land, buildings and equipment, net

  beginning of year $932,075 · end of year $893,892

• 15 · Other assets

  beginning of year $23,750 · end of year $22,750

• 17 · Accounts payable and accrued expenses

  beginning of year $23,154 · end of year $57,567

• 21 · Escrow or custodial account liability

  beginning of year $5,005 · end of year $4,724

• 23 · Secured mortgages and notes payable

  beginning of year $1,311,700 · end of year $1,311,700

• 25 · Other liabilities

  beginning of year $3,825 · end of year $3,825

• 27 · Net assets without donor restrictions

  beginning of year -$272,502 · end of year -$305,668

The filer's explanations (Part III)

PART I, LINE 3

CHRISTOPHER P. WIDMAN RECEIVED $253,606 IN BASE COMPENSATION AND $35,884 IN RETIREMENT AND OTHER DEFERRED COMPENSATION FROM GOOD SHEPHERD HOME, A RELATED ORGANIZATION. THESE AMOUNTS ARE REPORTED IN COLUMN (B)(III) TO REFLECT TOTAL COMPENSATION FROM ALL RELATED ORGANIZATIONS. THE COMPENSATION WAS PAID DIRECTLY BY GOOD SHEPHERD HOME FOR SERVICES RENDERED TO PROGRAMS JOINTLY SUPPORTED BY BOTH ENTITIES.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• WESLEY COMMONS LLC

  RELATED · RENTAL · OH