Form 990 for tax year 2023
Filed by KUTZTOWN RESOURCE MANAGEMENT INC.
Totals
- Total revenue
- $472,735
- Total expenses
- $448,837
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $472,570
- Investment income
- $165
- Other revenue
- $0
- Total assets, end of year
- $3,164,334
- Total liabilities, end of year
- $2,080,603
- Net assets or fund balances, end of year
- $1,083,731
- Program services expenses (Part IX)
- $248,837
- Management and general expenses
- $200,000
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $248,837
Program services were 55.4% 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.
-
2a · Program service revenue: HOUSING
total $472,570 · related or exempt $472,570
-
3 · Investment income
total $165 · excluded $165
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $200,000 · management and general $200,000
-
11c · Fees: accounting
total $2,080 · program services $2,080
-
14 · Information technology
total $566 · program services $566
-
16 · Occupancy
total $125,375 · program services $125,375
-
22 · Depreciation, depletion and amortization
total $80,891 · program services $80,891
-
23 · Insurance
total $23,455 · program services $23,455
-
24a · Other expenses: PROPERTY MANAGEMENT SER
total $11,669 · program services $11,669
-
24b · Other expenses: BANK FEES
total $3,136 · program services $3,136
-
24c · Other expenses: TAXES, PERMITS, LICENSE
total $1,665 · program services $1,665
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $105,974 · end of year $205,505
-
9 · Prepaid expenses and deferred charges
beginning of year $11,732 · end of year $12,292
-
10a · Land, buildings and equipment: cost or other basis
$4,879,667
-
10b · Land, buildings and equipment: accumulated depreciation
$1,933,130
-
10c · Land, buildings and equipment, net
beginning of year $3,027,428 · end of year $2,946,537
-
17 · Accounts payable and accrued expenses
beginning of year $10,151 · end of year $5,453
-
25 · Other liabilities
beginning of year $2,075,150 · end of year $2,075,150
-
27 · Net assets without donor restrictions
beginning of year $1,059,833 · end of year $1,083,731
Mission and programs · 2023
Mission
TO PROVIDE HOUSING AND OTHER SERVICES TO THE STUDENTS OF KUTZTOWN UNIVERSITY.
-
PROVIDE CONVENIENT, ON-CAMPUS HOUSING TO THE STUDENTS OF KUTZTOWN UNIVERSITY. FOR INSTANCE, THE GOLDEN BEAR VILLAGE WEST PROPERTY, WHICH HOUSES 107 STUDENTS.
Expenses $248,837 · Revenue $472,570
As filed on the 2023 return.
Listed in Part VII
-
Charles PerkinsCHARLES PERKINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Diane PiscitelliDIANE PISCITELLI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Drita Brija EsqDRITA BRIJA ESQ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Dean D'AmicoDEAN D'AMICO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Jeffrey FussnerJEFFREY FUSSNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Kathleen Nolan StuardiKATHLEEN NOLAN STUARDI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Kevin RockKEVIN ROCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Carol GaukerCAROL GAUKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Marilyn G StewartMARILYN G STEWART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Mary GreenMARY GREEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Michelle MasonMICHELLE MASON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Nathiel J WilliamsNATHIEL J WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Nico GoffredoNICO GOFFREDO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Norman InkpenNORMAN INKPEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Shari VandergastSHARI VANDERGAST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Scot HorstSCOT HORST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Scott DornSCOTT DORN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Susan PichiniSUSAN PICHINI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Susan ZiegenfusSUSAN ZIEGENFUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Thomas E KauffmanTHOMAS E KAUFFMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Timothy MaslukTIMOTHY MASLUK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
William KreitzWILLIAM KREITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Willis RappWILLIS RAPP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
KUTZTOWN UNIVERSITY FOUNDATION
501(C)(3) · PROVIDE SCHOLARSHIPS TO KUZTOWN UNIVERSITY STUDENTS · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520599349300202
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