Totals
- Total revenue
- $3,442,045
- Total expenses
- $69,651
- Contributions and grants received
- $6,674,700
- Grants paid
- $10,000
- Program service revenue
- $77,007
- Investment income
- -$3,310,043
- Other revenue
- $381
- Total assets, end of year
- $654,838
- Total liabilities, end of year
- $1,049
- Net assets or fund balances, end of year
- $653,789
- Program services expenses (Part IX)
- $59,855
- Management and general expenses
- $9,796
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $59,855
Program services were 85.9% 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.
-
1e · Government grants (contributions)
$6,674,700
-
2a · Program service revenue: TENANT ASSISTANCE PAYMENTS
total $62,006 · related or exempt $62,006
-
2b · Program service revenue: RENTAL REVENUE, NET
total $15,001 · related or exempt $15,001
-
3 · Investment income
total $103 · excluded $103
-
7a · Gross sales of assets other than inventory
other assets $294,829
-
7b · Less cost or other basis and sales expenses
other assets $3,604,975
-
7c · Gain or loss
other assets -$3,310,146
-
7d · Net gain or loss
total -$3,310,146 · excluded -$3,310,146
-
11a · Other revenue: OTHER REVENUE
total $381 · related or exempt $381
-
11e · Other revenue, total
$381
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,000 · program services $10,000
-
7 · Other salaries and wages
total $4,364 · program services $4,364
-
9 · Other employee benefits
total $555 · program services $555
-
10 · Payroll taxes
total $902 · program services $902
-
11a · Fees: management
total $3,196 · management and general $3,196
-
11c · Fees: accounting
total $6,600 · management and general $6,600
-
13 · Office expenses
total $1,086 · program services $1,086
-
16 · Occupancy
total $9,249 · program services $9,249
-
22 · Depreciation, depletion and amortization
total $19,817 · program services $19,817
-
23 · Insurance
total $3,104 · program services $3,104
-
24a · Other expenses: REPAIRS & MAINTENANCE
total $10,531 · program services $10,531
-
24b · Other expenses: OTHER RENTING EXPENSES
total $93 · program services $93
-
24c · Other expenses: LICENSES & PERMITS
total $80 · program services $80
-
24d · Other expenses: MISC ADMINISTRATIVE EXP
total $74 · program services $74
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $285,023 · end of year $563,768
-
4 · Accounts receivable
beginning of year $350
-
9 · Prepaid expenses and deferred charges
beginning of year $16,369
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $3,269,045
-
15 · Other assets
beginning of year $448,550 · end of year $91,070
-
17 · Accounts payable and accrued expenses
beginning of year $30,098 · end of year $1,049
-
19 · Deferred revenue
beginning of year $2,933
-
24 · Unsecured notes and loans payable
beginning of year $6,674,700
-
25 · Other liabilities
beginning of year $30,211 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year -$2,718,605 · end of year $653,789
Mission and programs · 2022
Mission
TO PROVIDE LOW RENT AND QUALITY HOUSING TO ELDERLY AND HANDICAPPED INDIVIDUALS.
Activities or mission (Part I)
TO PROVIDE LOW RENT AND QUALITY HOUSING TO THE ELDERLY AND HANDICAPPED INDIVIDUALS.
-
OPERATE A LOW INCOME HOUSING PROJECT FOR ELDERLY AND HANDICAPPED INDIVIDUALS.
Expenses $59,855 · Grants $10,000 · Revenue $77,388
As filed on the 2022 return.
Listed in Part VII
-
Robert BaldacciROBERT BALDACCI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Helaine BlumHELAINE BLUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joshua HammondJOSHUA HAMMOND
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Matthew C OsborneMATTHEW C OSBORNE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Paul PontePAUL PONTE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Mark SegelMARK SEGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick SheaPATRICK SHEA
TREASURER
- 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.
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
CPT II LP
$294,829
Disposition · SALE OF RENTAL PROPERTY · Jan 28, 2022 · PARTNERSHIP
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349306693
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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