Totals
- Total revenue
- $159,238
- Total expenses
- $212,859
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $157,597
- Investment income
- $1,641
- Other revenue
- $0
- Total assets, end of year
- $391,259
- Total liabilities, end of year
- $360,623
- Net assets or fund balances, end of year
- $30,636
- Program services expenses (Part IX)
- $212,859
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $212,859
Program services were 100.0% 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: NET RENTAL REVENUE
total $157,597 · related or exempt $157,597
-
2b · Program service revenue: LAUNDRY OTHER
-
3 · Investment income
total $1,641 · related or exempt $1,641
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $9,834 · program services $9,834
-
10 · Payroll taxes
total $853 · program services $853
-
11a · Fees: management
total $9,198 · program services $9,198
-
11c · Fees: accounting
total $5,783 · program services $5,783
-
12 · Advertising and promotion
total $1,872 · program services $1,872
-
13 · Office expenses
total $3,966 · program services $3,966
-
16 · Occupancy
total $16,822 · program services $16,822
-
20 · Interest
total $15,139 · program services $15,139
-
22 · Depreciation, depletion and amortization
total $37,848 · program services $37,848
-
23 · Insurance
total $29,562 · program services $29,562
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $81,982 · program services $81,982
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,346
-
2 · Savings and temporary cash investments
beginning of year $306,501 · end of year $189,733
-
4 · Accounts receivable
beginning of year $4,977 · end of year $5,190
-
10a · Land, buildings and equipment: cost or other basis
$1,363,904
-
10b · Land, buildings and equipment: accumulated depreciation
$1,168,608
-
10c · Land, buildings and equipment, net
beginning of year $164,630 · end of year $195,296
-
15 · Other assets
beginning of year $1,040 · end of year $1,040
-
17 · Accounts payable and accrued expenses
beginning of year $186,956 · end of year $227,238
-
23 · Secured mortgages and notes payable
beginning of year $201,664 · end of year $130,508
-
25 · Other liabilities
beginning of year $12,617 · end of year $2,877
-
27 · Net assets without donor restrictions
beginning of year $84,257 · end of year $30,636
Mission and programs · 2025
Mission
PROVIDE HOUSING FOR ELDERLY & DISABLED
-
TO CONSTRUCT AN APT COMPLEX OF 30 UNITS UNDER SEC 8 OF THE NATL HOUSING ACT ALONG WITH OPERATING THE UNITS UNDER SEC 8.
Expenses $212,859
As filed on the 2025 return.
Listed in Part VII
-
Clarence Billups
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Sidney Burden
VP
- Total calculated
- $0
- Hours/week
- 0
-
Ronald Paulk
cfo
- Total calculated
- $0
- Hours/week
- 1
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.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 19 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202622629349300007
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.