Skip to content
Nonprofiteer
← FRIENDLY TEMPLE APARTMENTS II INC

Form 990 for tax year 2023

Filed by FRIENDLY TEMPLE APARTMENTS II INC.

Totals

Total revenue
$528,083
Total expenses
$672,759
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$391,957
Investment income
$1,493
Other revenue
$134,633
Total assets, end of year
$3,944,984
Total liabilities, end of year
$5,739,231
Net assets or fund balances, end of year
-$1,794,247
Program services expenses (Part IX)
$586,170
Management and general expenses
$86,589
Fundraising expenses
$0
Program service expenses (Part III)
$586,170

Program services were 87.1% 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: TENANT ASSISTANCE PAYMENTS

    total $196,879 · related or exempt $196,879

  • 2b · Program service revenue: TENANT RENT PAYMENTS

    total $195,078 · related or exempt $195,078

  • 3 · Investment income

    total $1,493 · excluded $1,493

  • 11a · Other revenue: MISCELLAENOUS

    total $134,633 · related or exempt $134,633

  • 11e · Other revenue, total

    $134,633

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $47,217 · program services $30,109 · management and general $17,108

  • 9 · Other employee benefits

    total $3,910 · program services $3,910

  • 10 · Payroll taxes

    total $4,125 · program services $4,125

  • 11a · Fees: management

    total $27,798 · management and general $27,798

  • 11b · Fees: legal

    total $5,257 · management and general $5,257

  • 11c · Fees: accounting

    total $6,870 · management and general $6,870

  • 12 · Advertising and promotion

    total $32 · management and general $32

  • 13 · Office expenses

    total $11,852 · management and general $11,852

  • 16 · Occupancy

    total $55,525 · program services $55,525

  • 22 · Depreciation, depletion and amortization

    total $168,418 · program services $168,418

  • 23 · Insurance

    total $26,611 · program services $26,611

  • 24a · Other expenses: CONTRACTS

    total $268,392 · program services $268,392

  • 24b · Other expenses: GARBAGE & TRASH REMOVAL

    total $13,386 · program services $13,386

  • 24c · Other expenses: SUPPLIES

    total $9,810 · program services $9,810

  • 24d · Other expenses: MISC ADMIN EXPENSE

    total $9,410 · management and general $9,410

  • 24e · All other expenses

    total $14,146 · program services $5,884 · management and general $8,262

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $76,752 · end of year $71,976

  • 4 · Accounts receivable

    beginning of year $59,063 · end of year $73,043

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,437 · end of year $1,621

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

    $5,947,142

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

    $2,355,773

  • 10c · Land, buildings and equipment, net

    beginning of year $3,582,752 · end of year $3,591,369

  • 15 · Other assets

    beginning of year $256,163 · end of year $206,975

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,591 · end of year $147,550

  • 23 · Secured mortgages and notes payable

    beginning of year $5,576,900 · end of year $5,576,900

  • 25 · Other liabilities

    beginning of year $15,247 · end of year $14,781

  • 27 · Net assets without donor restrictions

    beginning of year -$1,649,571 · end of year -$1,794,247

Mission and programs · 2023

Mission

LOW INCOME HOUSING

  • FRIENDLY TEMPLE APARTMENTS II IS A NONPROFIT CORPORATION ESTABLISHED TO PROVIDE ELDERLY AND DISABLED PERSONS WITH HOUSING UTILIZING FUNDS PROVIDED BY A CAPITAL ADVANCE UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959, AS AMENDED. THE CAPITAL ADVANCE REQUIREMENTS ARE IN COMPLIANCE WITH THE PROVISIONS OF THE ACT.

    Expenses $586,170 · Revenue $391,957

As filed on the 2023 return.

Listed in Part VII

  • Lisa Calliott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Belinda Farrington

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bill Holman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Deacon James Joiner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bishop Michael Jones

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Scott Lynam

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Shelly Mathon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Theodore Winters

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joseph Girardi

    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
2023
Filed
5 September 2024
IRS schema version
2023v5.0
Source object
202432569349300503

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.