Skip to content
Nonprofiteer
← KLEEMAN VILLAGE HOUSING CORPORATION NFP

Form 990 for tax year 2023

Filed by KLEEMAN VILLAGE HOUSING CORPORATION NFP.

Totals

Total revenue
$146,314
Total expenses
$196,790
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$138,312
Investment income
$5,432
Other revenue
$2,570
Total assets, end of year
$949,253
Total liabilities, end of year
$1,916,735
Net assets or fund balances, end of year
-$967,482
Program services expenses (Part IX)
$187,118
Management and general expenses
$9,672
Fundraising expenses
$0
Program service expenses (Part III)
$187,118

Program services were 95.1% 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: RENTAL INCOME

    total $138,312 · related or exempt $138,312

  • 3 · Investment income

    total $5,432 · excluded $5,432

  • 11a · Other revenue: RELATED FEES & OTHER

    total $2,570 · related or exempt $2,570

  • 11e · Other revenue, total

    $2,570

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,512 · program services $1,512

  • 9 · Other employee benefits

    total $2,971 · program services $2,971

  • 10 · Payroll taxes

    total $824 · program services $824

  • 11a · Fees: management

    total $15,019 · program services $5,347 · management and general $9,672

  • 11c · Fees: accounting

    total $16,800 · program services $16,800

  • 11g · Fees: other

    total $2,968 · program services $2,968

  • 13 · Office expenses

    total $1,553 · program services $1,553

  • 16 · Occupancy

    total $42,071 · program services $42,071

  • 22 · Depreciation, depletion and amortization

    total $71,049 · program services $71,049

  • 23 · Insurance

    total $6,277 · program services $6,277

  • 24a · Other expenses: CONTRACTS

    total $27,800 · program services $27,800

  • 24b · Other expenses: APARTMENT VACANCIES

    total $4,071 · program services $4,071

  • 24c · Other expenses: SUPPLIES

    total $2,963 · program services $2,963

  • 24d · Other expenses: LEASE

    total $912 · program services $912

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,247 · end of year $484

  • 2 · Savings and temporary cash investments

    beginning of year $41,230 · end of year $49,128

  • 4 · Accounts receivable

    beginning of year $740 · end of year $8,299

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

    $2,089,628

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

    $1,224,253

  • 10c · Land, buildings and equipment, net

    beginning of year $936,424 · end of year $865,375

  • 11 · Investments: publicly traded securities

    beginning of year $20,534 · end of year $25,967

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,724 · end of year $7,607

  • 19 · Deferred revenue

    beginning of year $23 · end of year $278

  • 23 · Secured mortgages and notes payable

    beginning of year $1,995,600 · end of year $1,905,600

  • 25 · Other liabilities

    beginning of year $2,834 · end of year $3,250

  • 27 · Net assets without donor restrictions

    beginning of year -$1,007,006 · end of year -$967,482

Mission and programs · 2023

Mission

TO PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS WITH SEVERE, CHRONIC MENTAL ILLNESS WHO MEET LOW AND MODERATE INCOME REQUIREMENTS AS DETERMINED BY THE COMMISSIONER OF FEDERAL HOUSING ADMINISTRATION.

Activities or mission (Part I)

PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS WITH SEVERE, CHRONIC MENTAL ILLNESS WHO MEET LOW AND MODERATE INCOME REQUIREMENTS AS DETERMINED BY THE COMMISSIONER OF FEDERAL HOUSING ADMINISTRATION.

  • TO PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS WITH DISABILITIES WITHOUT REGARD OF RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, ANCESTRY, AGE, MARITAL STATUS, PHYSICAL OR MENTAL HANDICAP.

    Expenses $187,118 · Revenue $138,312

As filed on the 2023 return.

Listed in Part VII

  • Maggie Jewitt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Scott Miller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephen Moore

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amber Polen

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Marcia Wise

    BOARD MEMBER

    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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
18 November 2024
IRS schema version
2023v5.0
Source object
202433379349301028

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.