Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $93,093

• 2a · Program service revenue: PROPERTY MANAGEMENT

  total $65,404 · related or exempt $65,404

• 3 · Investment income

  total $5 · excluded $5

• 11a · Other revenue: WARRANT/MAINTENANCE

  total $682 · related or exempt $682

• 11e · Other revenue, total

  $682

Functional expenses

Part IX, the statement of functional expenses.

• 11a · Fees: management

  total $20,177 · program services $13,115 · management and general $7,062

• 11b · Fees: legal

  total $772 · management and general $772

• 11c · Fees: accounting

  total $15,932 · program services $1,213 · management and general $14,719

• 13 · Office expenses

  total $4,967 · program services $4,294 · management and general $673

• 14 · Information technology

  total $996 · program services $996

• 16 · Occupancy

  total $72,412 · program services $72,412

• 22 · Depreciation, depletion and amortization

  total $52,532 · program services $52,532

• 23 · Insurance

  total $11,925 · program services $11,925

• 24a · Other expenses: SITE MANAGEMENT PAYROLL

  total $20,999 · program services $17,849 · management and general $3,150

• 24b · Other expenses: APPLICATION PROCESSING

  total $413 · program services $413

• 24c · Other expenses: BAD DEBT EXPENSE

  total -$870 · program services -$870

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,230 · end of year $6,867

• 4 · Accounts receivable

  beginning of year $1,196 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,121 · end of year $815

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

  $1,622,178

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

  $1,095,164

• 10c · Land, buildings and equipment, net

  beginning of year $569,660 · end of year $527,014

• 15 · Other assets

  beginning of year $67,084 · end of year $38,133

• 17 · Accounts payable and accrued expenses

  beginning of year $111,278 · end of year $79,817

• 19 · Deferred revenue

  beginning of year $1,690 · end of year $2,487

• 25 · Other liabilities

  beginning of year $3,140 · end of year $3,413

• 27 · Net assets without donor restrictions

  beginning of year $528,183 · end of year $487,112

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION OF THE ORGANIZATION'S OFFICERS IS SUBJECT TO APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.