Form 990 for tax year 2024

1e · Government grants (contributions)

$2,169,367

2a · Program service revenue: RENTS

total $432,857 · related or exempt $432,857

2b · Program service revenue: PROGRAM INVESTMENT INC

total $1,386 · related or exempt $1,386

11a · Other revenue: MISCELLANEOUS INCOME

total $2,740 · excluded $2,740

11e · Other revenue, total

$2,740

7 · Other salaries and wages

total $292,727 · program services $191,151 · management and general $101,576

8 · Pension plan contributions

total $3,601 · program services $2,351 · management and general $1,250

9 · Other employee benefits

total $56,233 · program services $36,721 · management and general $19,512

10 · Payroll taxes

total $26,360 · program services $17,213 · management and general $9,147

11a · Fees: management

total $72,465 · management and general $72,465

11c · Fees: accounting

total $50,736 · program services $45,662 · management and general $5,074

12 · Advertising and promotion

total $1,193 · management and general $1,193

13 · Office expenses

total $69,123 · program services $62,211 · management and general $6,912

16 · Occupancy

total $392,340 · program services $353,106 · management and general $39,234

20 · Interest

total $79,058 · program services $71,152 · management and general $7,906

22 · Depreciation, depletion and amortization

total $201,559 · program services $181,403 · management and general $20,156

23 · Insurance

total $162,189 · program services $145,970 · management and general $16,219

24a · Other expenses: OPERATING AND MAINTENAN

total $620,763 · program services $558,687 · management and general $62,076

24b · Other expenses: UTILITIES

total $220,702 · program services $198,632 · management and general $22,070

24c · Other expenses: SERVICE COORDINATOR

total $86,108 · program services $77,497 · management and general $8,611

24d · Other expenses: AMORTIZATION

total $4,898 · management and general $4,898

24e · All other expenses

total $6,178 · program services $5,561 · management and general $617

1 · Cash, non-interest-bearing

beginning of year $387,409 · end of year $488,065

2 · Savings and temporary cash investments

beginning of year $30,281 · end of year $32,896

4 · Accounts receivable

beginning of year $11,590 · end of year $6,841

9 · Prepaid expenses and deferred charges

beginning of year $117,335 · end of year $138,475

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

$8,751,601

10b · Land, buildings and equipment: accumulated depreciation

$5,082,415

10c · Land, buildings and equipment, net

beginning of year $3,795,836 · end of year $3,669,186

13 · Investments: program-related

beginning of year $1,748,011 · end of year $1,986,291

15 · Other assets

beginning of year $7,715,988 · end of year $7,569,885

17 · Accounts payable and accrued expenses

beginning of year $195,055 · end of year $204,007

19 · Deferred revenue

beginning of year $5,106 · end of year $12,618

23 · Secured mortgages and notes payable

beginning of year $3,528,240 · end of year $3,334,233

25 · Other liabilities

beginning of year $8,291,229 · end of year $8,293,844

27 · Net assets without donor restrictions

beginning of year $1,786,820 · end of year $2,046,937