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Nonprofiteer
← UNION AVENUE APARTMENTS INC

Form 990 for tax year 2024

Filed by UNION AVENUE APARTMENTS INC.

Totals

Total revenue
$112,050
Total expenses
$166,684
Contributions and grants received
$71,989
Grants paid
$0
Program service revenue
$38,383
Investment income
$13
Other revenue
$1,665
Total assets, end of year
$727,692
Total liabilities, end of year
$16,152
Net assets or fund balances, end of year
$711,540
Program services expenses (Part IX)
$153,459
Management and general expenses
$13,225
Fundraising expenses
$0
Program service expenses (Part III)
$153,459

Program services were 92.1% 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)

    $71,989

  • 2a · Program service revenue: RENTAL INCOME APARTMEN

    total $38,385 · related or exempt $38,385

  • 2b · Program service revenue: VACANCIES

    total -$2 · related or exempt -$2

  • 3 · Investment income

    total $13 · excluded $13

  • 11a · Other revenue: LAUNDRY AND VENDING IN

    total $1,439 · related or exempt $1,439

  • 11b · Other revenue: TENANT CHARGES

    total $226 · related or exempt $226

  • 11e · Other revenue, total

    $1,665

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $23,154 · program services $23,154

  • 9 · Other employee benefits

    total $6,262 · program services $6,262

  • 10 · Payroll taxes

    total $1,847 · program services $1,847

  • 11a · Fees: management

    total $8,950 · management and general $8,950

  • 11c · Fees: accounting

    total $3,300 · management and general $3,300

  • 13 · Office expenses

    total $5,092 · program services $5,092

  • 16 · Occupancy

    total $46,047 · program services $46,047

  • 19 · Conferences, conventions and meetings

    total $975 · management and general $975

  • 22 · Depreciation, depletion and amortization

    total $55,521 · program services $55,521

  • 24a · Other expenses: CONTRACTS

    total $10,733 · program services $10,733

  • 24b · Other expenses: SUPPLIES

    total $3,501 · program services $3,501

  • 24c · Other expenses: MISCELLANEOUS TAXES AND

    total $786 · program services $786

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $370 · program services $370

  • 24e · All other expenses

    total $146 · program services $146

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,919 · end of year $1,566

  • 2 · Savings and temporary cash investments

    beginning of year $1,989 · end of year $2,112

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,882 · end of year $10,329

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

    $1,440,017

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

    $771,411

  • 10c · Land, buildings and equipment, net

    beginning of year $688,319 · end of year $668,606

  • 15 · Other assets

    beginning of year $76,605 · end of year $45,079

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,488 · end of year $13,997

  • 19 · Deferred revenue

    beginning of year $63 · end of year $43

  • 25 · Other liabilities

    beginning of year $1,989 · end of year $2,112

  • 27 · Net assets without donor restrictions

    beginning of year -$551,089 · end of year -$605,723

  • 28 · Net assets with donor restrictions

    beginning of year $1,317,263 · end of year $1,317,263

Mission and programs · 2024

Mission

TO PROVIDE LOW-COST HOUSING TO THOSE IN NEED.

  • UNION AVENUE APARTMENTS, INC. IS ORGANIZED TO PROVIDE LOW-COST HOUSING ON A NON-PROFIT BASIS. THE PROJECT IS AN 11-UNIT COMPLEX DESIGNED FOR THE CHRONICALLY MENTALLY ILL AND IS LOCATED IN ALTOONA, PA.

    Expenses $153,459 · Revenue $40,048

As filed on the 2024 return.

Listed in Part VII

  • KATHRYN A RUTTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • REGINA L GEISHAUSER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • ALEX J SELTZER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • JENNIFER MIKOLAJCZYK

    SECRETARY

    Total calculated
    $0
    Hours/week
    0
  • REV JOHN L EMIG

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • CLAIRE J WHITE

    TREASURER

    Total calculated
    $0
    Hours/week
    0
  • JOSEPH G KELLER

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0

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.

Provenance

Return type
form_990
Tax year
2024
Filed
16 February 2025
IRS schema version
2024v5.0
Source object
202520649349300607

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