Totals
- Total revenue
- $95,916
- Total expenses
- $114,663
- Contributions and grants received
- $57,007
- Grants paid
- $0
- Program service revenue
- $38,506
- Investment income
- $73
- Other revenue
- $330
- Total assets, end of year
- $290,639
- Total liabilities, end of year
- $591,233
- Net assets or fund balances, end of year
- -$300,594
- Program services expenses (Part IX)
- $100,433
- Management and general expenses
- $14,230
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $100,433
Program services were 87.6% 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)
$57,007
-
2a · Program service revenue: RENTS - NET
total $38,506 · related or exempt $38,506
-
3 · Investment income
total $73 · excluded $73
-
11a · Other revenue: EXTRAORDINARY INS REV
total $330 · related or exempt $330
-
11e · Other revenue, total
$330
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $6,145 · management and general $6,145
-
11b · Fees: legal
total $840 · program services $840
-
11c · Fees: accounting
total $7,892 · management and general $7,892
-
11g · Fees: other
total $18,745 · program services $18,745
-
12 · Advertising and promotion
total $247 · program services $247
-
13 · Office expenses
total $12,049 · program services $12,049
-
16 · Occupancy
total $20,280 · program services $20,280
-
19 · Conferences, conventions and meetings
total $219 · program services $26 · management and general $193
-
22 · Depreciation, depletion and amortization
total $13,401 · program services $13,401
-
23 · Insurance
total $53 · program services $53
-
24a · Other expenses: CONTRACT SERVICES
total $34,224 · program services $34,224
-
24b · Other expenses: BAD DEBT EXPENSE
total $568 · program services $568
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $445 · end of year $2,403
-
2 · Savings and temporary cash investments
beginning of year $69,982 · end of year $70,033
-
9 · Prepaid expenses and deferred charges
beginning of year $2,860 · end of year $373
-
10a · Land, buildings and equipment: cost or other basis
$698,621
-
10b · Land, buildings and equipment: accumulated depreciation
$485,769
-
10c · Land, buildings and equipment, net
beginning of year $226,253 · end of year $212,852
-
15 · Other assets
beginning of year $4,631 · end of year $4,978
-
17 · Accounts payable and accrued expenses
beginning of year $12,880 · end of year $21,433
-
19 · Deferred revenue
beginning of year $3,620 · end of year $122
-
23 · Secured mortgages and notes payable
beginning of year $565,700 · end of year $565,700
-
25 · Other liabilities
beginning of year $3,818 · end of year $3,978
-
27 · Net assets without donor restrictions
beginning of year -$281,847 · end of year -$300,594
Mission and programs · 2022
Mission
IT IS THE MISSION OF WESTMINSTER GARDENS II, INC. TO PROVIDE ELDERLY PERSONS AND/OR HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, MENTAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS ALL ON A NON-PROFIT BASIS.
-
THE SOLE PURPOSE IS TO PROVIDE SUBSIDIZED LOW AND MODERATE-INCOME APARTMENT RENTAL HOUSING FOR PRIMARILY ELDERLY PERSONS THROUGH THE U.S. DEPARTMENT OF HUD SECTIONS 202 AND 8 PROGRAMS.
Expenses $100,433 · Revenue $38,836
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Wayne KrekoWAYNE KREKO
DIRECTOR/PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Ralph ShawRALPH SHAW
DIRECTOR/TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
James KingJAMES KING
DIRECTOR/VICE - PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Janet BornkesselJANET BORNKESSEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Jessica LlewellynJESSICA LLEWELLYN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Chris LevyCHRIS LEVY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Julius S MegyesiJULIUS S MEGYESI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Anna ArceneauxANNA ARCENEAUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
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.
-
LOW-INCOME HOUSING AND SEE SUPPLEMENTAL INFORMATION · OH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321919349301722
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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