Skip to content
Nonprofiteer
← BARRIO VIEJO ELDERLY HOUSING INC

Form 990 for tax year 2024

Filed by BARRIO VIEJO ELDERLY HOUSING INC.

Totals

Total revenue
$658,353
Total expenses
$606,603
Contributions and grants received
$404,122
Grants paid
$0
Program service revenue
$253,492
Investment income
$549
Other revenue
$190
Total assets, end of year
$1,795,557
Total liabilities, end of year
$3,673,885
Net assets or fund balances, end of year
-$1,878,328
Program services expenses (Part IX)
$606,603
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$606,603

Program services were 100.0% 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)

    $404,122

  • 2a · Program service revenue: RENTAL INCOME

    total $249,556 · related or exempt $249,556

  • 2b · Program service revenue: LAUNDRY INCOME

    total $3,916 · related or exempt $3,916

  • 2c · Program service revenue: TENANT CHARGES

    total $20 · related or exempt $20

  • 3 · Investment income

    total $549 · related or exempt $549

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $190 · related or exempt $190

  • 11e · Other revenue, total

    $190

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $103,667 · program services $103,667

  • 9 · Other employee benefits

    total $18,892 · program services $18,892

  • 10 · Payroll taxes

    total $8,241 · program services $8,241

  • 11a · Fees: management

    total $35,712 · program services $35,712

  • 11c · Fees: accounting

    total $12,110 · program services $12,110

  • 22 · Depreciation, depletion and amortization

    total $147,331 · program services $147,331

  • 23 · Insurance

    total $24,009 · program services $24,009

  • 24a · Other expenses: UTILITIES

    total $119,514 · program services $119,514

  • 24b · Other expenses: CONTRACT SERVICES

    total $90,118 · program services $90,118

  • 24c · Other expenses: SUPPLIES

    total $17,359 · program services $17,359

  • 24d · Other expenses: MISCELLANEOUS OPERATING

    total $13,645 · program services $13,645

  • 24e · All other expenses

    total $16,005 · program services $16,005

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $71 · end of year $138,231

  • 4 · Accounts receivable

    beginning of year $134,879

  • 9 · Prepaid expenses and deferred charges

    beginning of year $757 · end of year $1,069

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

    $4,579,894

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

    $3,091,723

  • 10c · Land, buildings and equipment, net

    beginning of year $1,504,068 · end of year $1,488,171

  • 15 · Other assets

    beginning of year $74,188 · end of year $168,086

  • 17 · Accounts payable and accrued expenses

    beginning of year $121,403 · end of year $148,981

  • 23 · Secured mortgages and notes payable

    beginning of year $3,506,700 · end of year $3,506,700

  • 25 · Other liabilities

    beginning of year $15,938 · end of year $18,204

  • 27 · Net assets without donor restrictions

    beginning of year -$1,930,078 · end of year -$1,878,328

Mission and programs · 2024

Mission

BARRIO VIEJO ELDERLY HOUSING, INC., AN ARIZONA NON-PROFIT CORPORATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND/OR EDUCATIONAL PURPOSES WITH A SINGLE MISSION TO DEVELOP, OWN AND OPERATE 62 UNITS OF SUBSIDIZED HOUSING FOR VERY-LOW INCOME ELDERLY AND ELDERLY HANDICAPPED PERSONS UNDER HUD'S SECTION 202 SUPPORTIVE HOUSING FOR ELDERLY PROGRAM. THE HOUSING FACILITIES AND SERVICES ARE SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THE HEALTH, SECURITY, HAPPINESS AND USEFULNESS OF THE RESIDENTS IN LONGER LIVING, THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION THEREOF ON A NON-PROFIT BASIS. TO QUALIFY FOR OCCUPANCY, RESIDENTS MUST BE AT LEAST 62 YEARS OF AGE, OR OLDER, AND HAVE INCOME LEVELS AT OR BELOW 50% OF THE AREA MEDIAN.

  • BARRIO VEIJO ELDERLY HOUSING, INC. IS A SINGLE-PURPOSE 501(C)(3) TAX EXEMPT ORGANIZATION. THE ORGANIZATION DEVELOPED AND CONTINUES TO OPERATE 62 UNITS OF HOUSING UNDER HUD'S SECTION 202 SUPPORTIVE HOUSING FOR ELDERLY PROGRAM. THE 62 UNITS ARE OCCUPIED BY VERY LOW-INCOME ELDERLY FAMILIES THAT QUALIFY AS VERY LOW INCOME; THOSE WHO ARE AT LEAST 62 YEARS OF AGE AND WHOSE INCOME LEVELS ARE AT OR BELOW 50% OF AREA MEDIAN. THE 62 UNITS ALSO CARRY PROJECT RENTAL ASSISTANCE (PRAC); QUALIFIED TENANTS PAY ONLY 1/3 OF THEIR ADJUSTED MONTHLY INCOME TOWARD RENT AND UTILITIES.

    Expenses $606,603 · Revenue $254,231

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ARMANDO MONTANO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MELISSA FITCH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RENEE MORTON

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MARGUERITE D HARMON

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • PETER CHALUPSKY

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

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
2024
Filed
28 March 2025
IRS schema version
2024v5.1
Source object
202530889349300723

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.