Totals
- Total revenue
- $4,479,767
- Total expenses
- $4,599,560
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $4,387,847
- Investment income
- $91,920
- Other revenue
- $0
- Total assets, end of year
- $24,275,293
- Total liabilities, end of year
- $41,373,258
- Net assets or fund balances, end of year
- -$17,097,965
- Program services expenses (Part IX)
- $4,468,138
- Management and general expenses
- $131,422
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,468,138
Program services were 97.1% 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 $4,247,607 · related or exempt $4,247,607
-
2b · Program service revenue: TENANT REVENUE
total $140,240 · related or exempt $140,240
-
3 · Investment income
total $91,920 · excluded $91,920
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $131,838 · program services $131,838
-
11b · Fees: legal
total $1,492 · management and general $1,492
-
11c · Fees: accounting
total $12,440 · management and general $12,440
-
11g · Fees: other
total $65,528 · management and general $65,528
-
12 · Advertising and promotion
total $28,305 · program services $28,305
-
13 · Office expenses
total $51,962 · management and general $51,962
-
20 · Interest
total $1,908,199 · program services $1,908,199
-
21 · Payments to affiliates
total $463,877 · program services $463,877
-
22 · Depreciation, depletion and amortization
total $1,198,732 · program services $1,198,732
-
23 · Insurance
total $75,163 · program services $75,163
-
24a · Other expenses: CONTRACT SERVICES
total $369,193 · program services $369,193
-
24b · Other expenses: MAINTENANCE
total $284,509 · program services $284,509
-
24c · Other expenses: UTILITIES
total $8,322 · program services $8,322
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $6,045,926 · end of year $6,486,620
-
4 · Accounts receivable
beginning of year $4,016 · end of year $343
-
9 · Prepaid expenses and deferred charges
beginning of year $13,482 · end of year $12,947
-
10a · Land, buildings and equipment: cost or other basis
$32,775,185
-
10b · Land, buildings and equipment: accumulated depreciation
$14,999,802
-
10c · Land, buildings and equipment, net
beginning of year $18,775,824 · end of year $17,775,383
-
17 · Accounts payable and accrued expenses
beginning of year $274,785 · end of year $514,252
-
19 · Deferred revenue
beginning of year $22,000 · end of year $43,349
-
20 · Tax-exempt bond liabilities
beginning of year $36,117,431 · end of year $35,484,972
-
25 · Other liabilities
beginning of year $8,982,952 · end of year $5,330,685
-
27 · Net assets without donor restrictions
beginning of year -$20,557,920 · end of year -$17,097,965
Mission and programs · 2022
Mission
IN AN EFFORT TO ADVANCE THE MISSION OF THE UNIVERSITY, MASON HOUSING PROVIDES AFFORDABLE MULTI-FAMILY HOUSING FOR GEORGE MASON UNIVERSITY'S FACULTY, STAFF, GRADUATE STUDENTS AND AFFILIATES, FAIRFAX COUNTY AND CITY EMPLOYEES, AND ACTIVE MEMBERS OF US MILITARY.
Activities or mission (Part I)
MASON HOUSING PROVIDES AFFORDABLE MULTI-FAMILY HOUSING FOR GEORGE MASON UNIVERSITY'S FACULTY, STAFF, GRADUATE STUDENTS AND AFFILIATES, FAIRFAX COUNTY AND CITY EMPLOYEES, AND ACTIVE MEMBERS OF US MILITARY.
-
LEASING OF RENTAL UNITS TO GMU FACULTY, STAFF, GRADUATE STUDENTS AND AFFILIATES, FAIRFAX COUNTY AND CITY EMPLOYEES AND ACTIVE MEMBERS OF US MILITARY.
Expenses $4,468,138 · Revenue $4,387,847
As filed on the 2022 return.
Listed in Part VII
-
Paul KylePAUL KYLE
CHAIRMAN/PRESID
- Total calculated
- $0
- Hours/week
- 1
-
Jon PetersonJON PETERSON
V- CHAIRMAN/SEC
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen McKayKATHLEEN MCKAY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth BallKENNETH BALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laurence BrayLAURENCE BRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas CalhounTHOMAS CALHOUN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Justine FitzgeraldJUSTINE FITZGERALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott PleinSCOTT PLEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Monica MichaudMONICA MICHAUD
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
- 29 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301809349301620
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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