Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,197,859

• 2a · Program service revenue: PROGRAM RENTAL INCOME

  total $525,010 · related or exempt $525,010

• 11a · Other revenue: OTHER REVENUE

  total $32,417 · excluded $32,417

• 11e · Other revenue, total

  $32,417

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $607,842 · program services $607,842

• 8 · Pension plan contributions

  total $24,767 · program services $24,767

• 9 · Other employee benefits

  total $148,717 · program services $148,717

• 10 · Payroll taxes

  total $54,745 · program services $54,745

• 11a · Fees: management

  total $187,921 · management and general $187,921

• 11b · Fees: legal

  total $4,029 · program services $4,029

• 11c · Fees: accounting

  total $18,449 · program services $18,449

• 11g · Fees: other

  total $224,509 · program services $224,509

• 13 · Office expenses

  total $56,831 · program services $56,831

• 14 · Information technology

  total $5,854 · program services $5,854

• 16 · Occupancy

  total $107,175 · program services $107,175

• 17 · Travel

  total $2,066 · program services $2,066

• 20 · Interest

  total $1,295 · program services $1,295

• 22 · Depreciation, depletion and amortization

  total $79,369 · management and general $79,369

• 23 · Insurance

  total $15,417 · program services $15,417

• 24a · Other expenses: BAD DEBT EXPENSE

  total $45,845 · management and general $45,845

• 24b · Other expenses: FOOD EXPENSES

  total $43,566 · program services $43,566

• 24c · Other expenses: CONSUMABLE SUPPLIES

  total $32,377 · program services $32,377

• 24d · Other expenses: CLIENT SUPPORT EXPENSES

  total $12,552 · program services $12,552

• 24e · All other expenses

  total $3,691 · program services $3,691

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $21,530 · end of year $62,652

• 3 · Pledges and grants receivable

  beginning of year $1,275,797 · end of year $310,863

• 9 · Prepaid expenses and deferred charges

  beginning of year $179 · end of year $3,270

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

  $2,616,638

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

  $2,135,086

• 10c · Land, buildings and equipment, net

  beginning of year $560,921 · end of year $481,552

• 15 · Other assets

  beginning of year $89,867 · end of year $1,019,833

• 17 · Accounts payable and accrued expenses

  beginning of year $236,533 · end of year $294,373

• 19 · Deferred revenue

  beginning of year $509,757 · end of year $125,407

• 21 · Escrow or custodial account liability

  beginning of year $35,295 · end of year $14,224

• 25 · Other liabilities

  beginning of year $358,423 · end of year $557,611

• 27 · Net assets without donor restrictions

  beginning of year $808,286 · end of year $886,555

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT & CEO IS PAID BY LUTHERAN SOCIAL SERVICES OF NEW YORK (LSSNY), A RELATED ORGANIZATION. LSSNY USES THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION FOR THE OFFICERS: COMPENSATION COMMITTEE, WRITTEN CONTRACT AGREEMENT, FORM 990S OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ST JOHN'S HOUSE II LP

  UNRELATED · REAL ESTATE · NY

  Directly controlled by ENTERPRISE HOUSING ALLIANCE FUND LP

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• HEINEMEIER OPERATING CORP

  C · RESIDENTIAL SERVICES · NY

  Directly controlled by ST JOHN'S COMMUNITY HDFC

• NEW TIMES PLAZA OPERATING CORP

  C · GENERAL PARTNER IN LOW- INCOME HOUSING PROPERTY · NY

  Directly controlled by LUTHERAN SOCIAL SERVICES OF NEW YORK