Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,586,120

• 2a · Program service revenue: RENTAL INCOME

  total $655,364 · related or exempt $655,364

• 2b · Program service revenue: OTHER INCOME

  total $7,559 · related or exempt $7,559

• 3 · Investment income

  total $574,018 · excluded $574,018

• 7a · Gross sales of assets other than inventory

  securities $335,321

• 7b · Less cost or other basis and sales expenses

  securities $59,318

• 7c · Gain or loss

  securities $276,003

• 7d · Net gain or loss

  total $276,003 · excluded $276,003

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $376,679 · program services $341,747 · management and general $34,932

• 9 · Other employee benefits

  total $33,179 · program services $33,179

• 10 · Payroll taxes

  total $35,069 · program services $35,069

• 11a · Fees: management

  total $246,959 · program services $246,959

• 11b · Fees: legal

  total $35,234 · program services $213 · management and general $35,021

• 11c · Fees: accounting

  total $32,967 · management and general $32,967

• 11f · Fees: investment management

  total $57,747 · management and general $57,747

• 11g · Fees: other

  total $10,579 · program services $10,579

• 12 · Advertising and promotion

  total $2,838 · program services $2,838

• 13 · Office expenses

  total $37,490 · program services $37,397 · management and general $93

• 22 · Depreciation, depletion and amortization

  total $209,782 · program services $209,782

• 23 · Insurance

  total $48,157 · program services $48,157

• 24a · Other expenses: OPERATING & MAINTENANCE

  total $316,092 · program services $316,092

• 24b · Other expenses: UTILITIES

  total $220,917 · program services $220,917

• 24c · Other expenses: RESIDENT SERVICES

  total $97,725 · program services $97,725

• 24d · Other expenses: SERVICE COORDINATOR

  total $84,710 · program services $84,710

• 24e · All other expenses

  total $95,715 · program services $95,515 · management and general $200

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $121,764 · end of year $426,556

• 2 · Savings and temporary cash investments

  beginning of year $152,058 · end of year $162,579

• 4 · Accounts receivable

  beginning of year $21,091 · end of year $7,185

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,012 · end of year $4,439

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

  $11,009,567

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

  $7,929,772

• 10c · Land, buildings and equipment, net

  beginning of year $3,131,832 · end of year $3,079,795

• 11 · Investments: publicly traded securities

  beginning of year $19,453,570 · end of year $22,722,761

• 15 · Other assets

  beginning of year $208,918 · end of year $397,119

• 17 · Accounts payable and accrued expenses

  beginning of year $107,669 · end of year $87,249

• 19 · Deferred revenue

  beginning of year $2,112 · end of year $683

• 25 · Other liabilities

  beginning of year $50,964 · end of year $51,759

• 27 · Net assets without donor restrictions

  beginning of year $22,933,500 · end of year $26,660,743

The filer's explanations (Part III)

PART I, LINE 3

BOARD OR COMPENSATION COMMITTEE'S APPROVAL IS REQUIRED TO ESTABLISH COMPENSATION OF RELATED ORGANIZATION'S CEO.