Form 990 for tax year 2023

1f · All other contributions, gifts and grants

$8,846

2a · Program service revenue: RENTAL REVENUE

total $11,090,302 · related or exempt $11,090,302

3 · Investment income

total $391,995 · excluded $391,995

1 · Grants to domestic organizations and governments

total $55,655,649 · program services $55,655,649

5 · Compensation of officers, directors and key employees

total $421,214 · management and general $421,214

6 · Compensation of disqualified persons

total $5,292 · program services $2,567 · management and general $2,725

7 · Other salaries and wages

total $519,701 · program services $446,369 · management and general $73,332

8 · Pension plan contributions

total $45,337 · program services $28,149 · management and general $17,188

9 · Other employee benefits

total $191,366 · program services $163,413 · management and general $27,953

10 · Payroll taxes

total $62,938 · program services $34,308 · management and general $28,630

11b · Fees: legal

total $4,675 · management and general $4,675

11c · Fees: accounting

total $76,175 · program services $10,950 · management and general $65,225

11g · Fees: other

total $699,459 · program services $667,198 · management and general $32,261

12 · Advertising and promotion

total $43,268 · program services $43,268

13 · Office expenses

total $58,415 · program services $23,413 · management and general $35,002

16 · Occupancy

total $6,046,511 · program services $5,754,222 · management and general $292,289

19 · Conferences, conventions and meetings

total $15,138 · program services $5,659 · management and general $9,479

22 · Depreciation, depletion and amortization

total $772,527 · program services $735,717 · management and general $36,810

23 · Insurance

total $181,446 · program services $127,012 · management and general $54,434

24a · Other expenses: BUILDING REPAIRS AND MA

total $338,192 · program services $334,846 · management and general $3,346

24b · Other expenses: STAFF APARTMENTS RENT I

total $115,968 · program services $115,968

24c · Other expenses: VIOLATION FEES

total $13,080 · program services $13,080

24d · Other expenses: DUES & MEMBERSHIP

total $8,466 · program services $255 · management and general $8,211

24e · All other expenses

total $20,209 · program services $9,966 · management and general $10,243

1 · Cash, non-interest-bearing

beginning of year $1,896,962 · end of year $671,974

4 · Accounts receivable

beginning of year $10,810 · end of year $35,540

9 · Prepaid expenses and deferred charges

beginning of year $1,189,796 · end of year $1,236,694

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

$36,757,856

10b · Land, buildings and equipment: accumulated depreciation

$21,632,188

10c · Land, buildings and equipment, net

beginning of year $12,823,352 · end of year $15,125,668

11 · Investments: publicly traded securities

beginning of year $5,348,636 · end of year $6,459,685

15 · Other assets

beginning of year $75,089 · end of year $7,535,963

17 · Accounts payable and accrued expenses

beginning of year $980,015 · end of year $772,083

19 · Deferred revenue

beginning of year $1,290 · end of year $350

21 · Escrow or custodial account liability

beginning of year $75,089 · end of year $77,417

23 · Secured mortgages and notes payable

end of year $63,558,763

27 · Net assets without donor restrictions

beginning of year $19,464,788 · end of year -$34,367,449

28 · Net assets with donor restrictions

beginning of year $823,463 · end of year $1,024,360

HUDSON SQUARE PROPERTIES LLC

REAL ESTATE I · DE

375 HSP LLC

REAL ESTATE I · DE