Totals
- Total revenue
- $606,437
- Total expenses
- $729,515
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $603,391
- Investment income
- $2,828
- Other revenue
- $218
- Total assets, end of year
- $2,647,220
- Total liabilities, end of year
- $77,818
- Net assets or fund balances, end of year
- $2,569,402
- Program services expenses (Part IX)
- $604,671
- Management and general expenses
- $124,844
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $604,671
Program services were 82.9% 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 PAYM
total $376,923 · related or exempt $376,923
-
2b · Program service revenue: RENTAL REVENUE
total $226,468 · related or exempt $226,468
-
3 · Investment income
total $2,828 · excluded $2,828
-
11a · Other revenue: OTHER INCOME
total $218 · excluded $218
-
11e · Other revenue, total
$218
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $44,918 · management and general $44,918
-
11b · Fees: legal
total $1,500 · program services $1,500
-
11c · Fees: accounting
total $13,953 · management and general $13,953
-
12 · Advertising and promotion
total $297 · program services $297
-
13 · Office expenses
total $6,850 · program services $6,850
-
14 · Information technology
total $14,406 · program services $14,406
-
16 · Occupancy
total $81,304 · program services $81,304
-
17 · Travel
total $994 · program services $994
-
19 · Conferences, conventions and meetings
total $65,973 · management and general $65,973
-
22 · Depreciation, depletion and amortization
total $111,611 · program services $111,611
-
23 · Insurance
total $60,075 · program services $60,075
-
24a · Other expenses: MANAGEMENT EXPENSE STAF
total $134,425 · program services $134,425
-
24b · Other expenses: CONTRACT SERVICES
total $81,039 · program services $81,039
-
24c · Other expenses: SERVICE COORDINATOR
total $68,811 · program services $68,811
-
24d · Other expenses: SUPPLIES
total $17,300 · program services $17,300
-
24e · All other expenses
total $26,059 · program services $26,059
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,933
-
4 · Accounts receivable
beginning of year $4,766 · end of year $3,056
-
9 · Prepaid expenses and deferred charges
beginning of year $31,116 · end of year $44,415
-
10a · Land, buildings and equipment: cost or other basis
$4,582,183
-
10b · Land, buildings and equipment: accumulated depreciation
$2,446,291
-
10c · Land, buildings and equipment, net
beginning of year $2,242,103 · end of year $2,135,892
-
13 · Investments: program-related
beginning of year $439,649 · end of year $440,151
-
15 · Other assets
beginning of year $23,542 · end of year $23,706
-
17 · Accounts payable and accrued expenses
beginning of year $11,202 · end of year $31,122
-
19 · Deferred revenue
beginning of year $1,257 · end of year $6,318
-
25 · Other liabilities
beginning of year $39,170 · end of year $40,378
-
27 · Net assets without donor restrictions
beginning of year $2,692,480 · end of year $2,569,402
Mission and programs · 2022
Mission
THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY
Activities or mission (Part I)
THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN HOUSING APARTMENT COMMUNITY
-
THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY
Expenses $604,671 · Revenue $603,391
As filed on the 2022 return.
Listed in Part VII
-
THEODORE GULAS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
JAMES PIHAKIS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
PETE TRIANTOS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTO JEBELES
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
TERRY WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MIKE DERZIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALEXANDER GULAS
DIRECTOR
- 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
- 2022
- Filed
- 22 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411139349300931
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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