Form 990 for tax year 2023

2a · Program service revenue: RENTAL INCOME

total $42,066 · related or exempt $42,066

11a · Fees: management

total $48,109 · program services $48,109

11b · Fees: legal

total $1,971 · program services $1,971

16 · Occupancy

total $8,129 · program services $6,097 · management and general $2,032

22 · Depreciation, depletion and amortization

total $63,872 · program services $63,872

23 · Insurance

total $8,226 · program services $6,170 · management and general $2,056

24a · Other expenses: PROPERTY MAINTENANCE

total $20,509 · program services $20,509

24b · Other expenses: PROPERTY TAX

total $4,240 · program services $2,120 · management and general $2,120

24c · Other expenses: TELEPHONE

total $378 · program services $189 · management and general $189

24d · Other expenses: MISCELLANEOUS

total $25 · program services $13 · management and general $12

1 · Cash, non-interest-bearing

beginning of year $1,206 · end of year $1,778

9 · Prepaid expenses and deferred charges

beginning of year $2,280 · end of year $2,363

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

$1,757,792

10b · Land, buildings and equipment: accumulated depreciation

$595,454

10c · Land, buildings and equipment, net

beginning of year $1,213,874 · end of year $1,162,338

15 · Other assets

beginning of year $49,178 · end of year $32,064

17 · Accounts payable and accrued expenses

beginning of year $2,853 · end of year $1,111

23 · Secured mortgages and notes payable

beginning of year $1,521,000 · end of year $1,521,000

25 · Other liabilities

beginning of year $54,712 · end of year $101,852

27 · Net assets without donor restrictions

beginning of year -$312,027 · end of year -$425,420