Form 990 for tax year 2024

2a · Program service revenue: RENTS

total $5,426,916 · related or exempt $5,426,916

2b · Program service revenue: ASS'D LIVING/FOOD SERV

total $504,110 · related or exempt $504,110

3 · Investment income

total $97,192 · excluded $97,192

7a · Gross sales of assets other than inventory

securities $6,897

7b · Less cost or other basis and sales expenses

securities $7,662

7c · Gain or loss

securities -$765

7d · Net gain or loss

total -$765 · excluded -$765

11a · Other revenue: TENANT CHARGES

total $164,098 · related or exempt $164,098

11e · Other revenue, total

$164,098

7 · Other salaries and wages

total $1,929,626 · program services $1,254,257 · management and general $675,369

8 · Pension plan contributions

total $1,892 · program services $1,230 · management and general $662

9 · Other employee benefits

total $127,312 · program services $82,753 · management and general $44,559

10 · Payroll taxes

total $136,962 · program services $89,025 · management and general $47,937

11a · Fees: management

total $301,451 · management and general $301,451

11b · Fees: legal

total $452 · management and general $452

11c · Fees: accounting

total $14,950 · management and general $14,950

11g · Fees: other

total $687 · management and general $687

12 · Advertising and promotion

total $126,635 · management and general $126,635

13 · Office expenses

total $157,322 · program services $78,661 · management and general $78,661

16 · Occupancy

total $316,840 · program services $316,840

20 · Interest

total $916,266 · program services $916,266

22 · Depreciation, depletion and amortization

total $563,583 · program services $563,583

23 · Insurance

total $286,789 · program services $286,789

24a · Other expenses: FOOD SERVICE, ASSISTED

total $682,029 · program services $682,029

24b · Other expenses: OPERATING & MAINTENANCE

total $270,579 · program services $270,579

24c · Other expenses: MORTGAGE INSURANCE PREM

total $36,252 · program services $36,252

24d · Other expenses: TRAVEL

total $10,496 · management and general $10,496

1 · Cash, non-interest-bearing

beginning of year $485,400 · end of year $814,853

2 · Savings and temporary cash investments

beginning of year $1,131,033 · end of year $1,544,638

3 · Pledges and grants receivable

beginning of year $179,290

4 · Accounts receivable

beginning of year $97,504 · end of year $54,962

7 · Other notes and loans receivable

beginning of year $1,629,176 · end of year $175,232

9 · Prepaid expenses and deferred charges

beginning of year $284,873 · end of year $10,920

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

$18,414,421

10b · Land, buildings and equipment: accumulated depreciation

$6,942,643

10c · Land, buildings and equipment, net

beginning of year $11,685,069 · end of year $11,471,778

11 · Investments: publicly traded securities

end of year $1,253,197

14 · Intangible assets

beginning of year $18,408 · end of year $712,226

15 · Other assets

beginning of year $512,262 · end of year $0

17 · Accounts payable and accrued expenses

beginning of year $53,677 · end of year $118,892

21 · Escrow or custodial account liability

beginning of year $28,526 · end of year $29,929

23 · Secured mortgages and notes payable

beginning of year $13,513,133 · end of year $13,093,972

25 · Other liabilities

beginning of year $159,663 · end of year $150,251

27 · Net assets without donor restrictions

beginning of year $2,268,016 · end of year $2,644,762