Form 990 for tax year 2022
Filed by HARMONY VILLAGE SENIOR NONPROFIT HOUSING CORPORATION.
Totals
- Total revenue
- $434,528
- Total expenses
- $623,389
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $425,534
- Investment income
- $650
- Other revenue
- $8,344
- Total assets, end of year
- $3,471,657
- Total liabilities, end of year
- $5,444,728
- Net assets or fund balances, end of year
- -$1,973,071
- Program services expenses (Part IX)
- $510,304
- Management and general expenses
- $113,085
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $510,304
Program services were 81.9% 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.
-
2a · Program service revenue: Apartment rental
total $425,534 · related or exempt $425,534
-
3 · Investment income
total $650 · related or exempt $650
-
11a · Other revenue: laundry vending income
total $3,608 · related or exempt $3,608
-
11d · All other revenue
total $4,736 · related or exempt $4,736
-
11e · Other revenue, total
$8,344
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $56,243 · management and general $56,243
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $55,670 · program services $55,670
-
8 · Pension plan contributions
total $1,311 · program services $481 · management and general $830
-
9 · Other employee benefits
total $18,517 · program services $12,366 · management and general $6,151
-
10 · Payroll taxes
total $7,205 · program services $2,645 · management and general $4,560
-
11a · Fees: management
total $29,687 · management and general $29,687
-
11b · Fees: legal
total $2,328 · management and general $2,328
-
11c · Fees: accounting
total $10,450 · management and general $10,450
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $73,622 · program services $73,622
-
12 · Advertising and promotion
total $222 · program services $222
-
13 · Office expenses
total $12,542 · program services $12,542
-
14 · Information technology
total $21,794 · program services $21,794
-
15 · Royalties
total $0
-
16 · Occupancy
total $127,926 · program services $127,926
-
17 · Travel
total $125 · management and general $125
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $54 · program services $54
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $151,480 · program services $151,480
-
23 · Insurance
total $46,555 · program services $46,555
-
24a · Other expenses: bad debts
total $4,947 · program services $4,947
-
24e · All other expenses
total $2,711 · management and general $2,711
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,350 · end of year $2,251
-
2 · Savings and temporary cash investments
beginning of year $277,940 · end of year $257,112
-
4 · Accounts receivable
beginning of year $4 · end of year $1,123
-
9 · Prepaid expenses and deferred charges
beginning of year $243
-
10a · Land, buildings and equipment: cost or other basis
$5,690,477
-
10b · Land, buildings and equipment: accumulated depreciation
$2,479,306
-
10c · Land, buildings and equipment, net
beginning of year $3,333,338 · end of year $3,211,171
-
17 · Accounts payable and accrued expenses
beginning of year $95,359 · end of year $142,333
-
25 · Other liabilities
beginning of year $5,303,726 · end of year $5,302,395
-
27 · Net assets without donor restrictions
beginning of year -$1,784,210 · end of year -$1,973,071
Mission and programs · 2022
Mission
Provided housing and services to low income senior adults. Facility has 44 apartments
-
provide housing and services to low income senior adults
Expenses $510,304 · Revenue $434,528
As filed on the 2022 return.
Listed in Part VII
-
Tiffani Thomas
Administrator
- Total calculated
- $54,119
- From this org
- $0
- From related orgs
- $54,119
- Other
- $0
- Hours/week
- 40
-
Lisa Watkins
Vice chair
- Total calculated
- $0
- Hours/week
- 1
-
Ronald Spears
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Ruthenia Henderson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
William Thompson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Tod Miller
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Diane McMillan
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Glenn Hicks
Trustee
- 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.
Schedule J
Answered yes
None.
Answered no
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
- 9 · Followed the rebuttable-presumption procedure
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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.
-
Presbyterian Villages of Michigan
3 · property management · MI
-
Presbyterian Villages of Michigan Foundation
3 · foundation · MI
Directly controlled by Presbyterian Villages of MI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349305248
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