Skip to content
Nonprofiteer
← ASCEND STL INC

Form 990 for tax year 2024

Filed by ASCEND STL INC.

Totals

Total revenue
$47,304
Total expenses
$726,065
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$20,304
Other revenue
$27,000
Total assets, end of year
$17,070,846
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$17,070,846
Program services expenses (Part IX)
$576,282
Management and general expenses
$149,783
Fundraising expenses
$0
Program service expenses (Part III)
$576,282

Program services were 79.4% 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.

  • 3 · Investment income

    total $20,304 · excluded $20,304

  • 11a · Other revenue: OTHER INCOME

    total $27,000 · excluded $27,000

  • 11e · Other revenue, total

    $27,000

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $13,137 · management and general $13,137

  • 22 · Depreciation, depletion and amortization

    total $575,721 · program services $575,721

  • 23 · Insurance

    total $561 · program services $561

  • 24a · Other expenses: SUBSIDY EXPENSES

    total $136,635 · management and general $136,635

  • 24b · Other expenses: ORDINARY MAINTENANCE

    total $11 · management and general $11

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $22,971 · end of year $36,246

  • 2 · Savings and temporary cash investments

    beginning of year $552,581 · end of year $436,235

  • 7 · Other notes and loans receivable

    beginning of year $14,089,592 · end of year $13,513,871

  • 9 · Prepaid expenses and deferred charges

    beginning of year $468 · end of year $468

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

    $3,084,026

  • 10c · Land, buildings and equipment, net

    beginning of year $3,084,026 · end of year $3,084,026

  • 17 · Accounts payable and accrued expenses

    beginning of year $31 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $17,749,607 · end of year $17,070,846

Mission and programs · 2024

Mission

TO PROVIDE LOW-INCOME HOUSING.

Activities or mission (Part I)

LOW INCOME HOUSING.

  • PROVIDE HOUSING AND HOUSING ASSISTANCE TO LOW INCOME FAMILIES WHO QUALIFY UNDER SECTION 7 OF THE U.S. HOUSING ACT. PARTICIPATING IN TRANSACTIONS WITH THE ST. LOUIS HOUSING AUTHORITY, THE CORPORATION IS INVOLVED IN SUPPORTING UNITS THAT WILL BE OPERATED AND MAINTAINED AS QUALIFIED LOW-INCOME UNITS. SOME OF THESE UNITS ARE UNDER SECTION 42 OF THE INTERNAL REVENUE CODE AND OTHERS WILL BE OPERATED AND MAINTAINED AS PUBLIC HOUSING UNITS FOR ELIGIBLE LOW-INCOME FAMILIES.

  • THE MOBILITY CONNECTION PROGRAM IS A FREE SERVICE THAT WORKS WITH THE HOUSING AUTHORITIES IN ST. LOUIS CITY AND COUNTY TO HELP FAMILIES WITH HOUSING CHOICE VOUCHERS MOVE TO HIGH OPPORTUNITY AREAS.WE WORK WITH CLIENTS TO DISCUSS THEIR FAMILY'S HOUSING AND COMMUNITY NEEDS AND CREATE A FAMILY PLAN SO THE FAMILY CAN TRANSITION INTO A NEW AREA. AFTER FAMILIES HAVE MOVED, WE CONTINUE TO OFFER SUPPORT TO FAMILIES THROUGH REGULAR CHECK-INS.

    Expenses $576,282

As filed on the 2024 return.

Listed in Part VII

  • Samuel Coleman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Brian Davies

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Vontriece McDowell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Latasha Barnes

    TREASURER/SECRETARY

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
3 March 2026
IRS schema version
2024v5.5
Source object
202630719349300543

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.