Totals
- Total revenue
- $11,361,912
- Total expenses
- $1,855,574
- Contributions and grants received
- $10,000
- Grants paid
- $325,310
- Program service revenue
- $2,875,812
- Investment income
- $8,476,100
- Other revenue
- $0
- Total assets, end of year
- $15,564,825
- Total liabilities, end of year
- $5,375,054
- Net assets or fund balances, end of year
- $10,189,771
- Program services expenses (Part IX)
- $1,704,229
- Management and general expenses
- $150,095
- Fundraising expenses
- $1,250
- Program service expenses (Part III)
- $1,704,229
Program services were 91.8% 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.
-
1f · All other contributions, gifts and grants
$10,000
-
2a · Program service revenue: Economic Development
total $1,714,240 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Affordable Housing
total $1,161,572 · unrelated business $0 · excluded $0
-
3 · Investment income
total $32,819 · unrelated business $0 · excluded $32,819
-
7a · Gross sales of assets other than inventory
other assets $14,550,000
-
7b · Less cost or other basis and sales expenses
other assets $6,106,719
-
7c · Gain or loss
other assets $8,443,281
-
7d · Net gain or loss
total $8,443,281 · related or exempt $8,443,281 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $325,310 · program services $325,310
-
5 · Compensation of officers, directors and key employees
total $146,500 · program services $80,100 · management and general $66,400 · fundraising $0
-
7 · Other salaries and wages
total $136,052 · program services $136,052 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $5,025 · program services $0 · management and general $5,025 · fundraising $0
-
10 · Payroll taxes
total $22,126 · program services $22,126 · management and general $0 · fundraising $0
-
11a · Fees: management
total $19,988 · program services $19,988 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $29,597 · program services $0 · management and general $29,597 · fundraising $0
-
11c · Fees: accounting
total $15,350 · program services $0 · management and general $15,350 · fundraising $0
-
12 · Advertising and promotion
total $11,342 · program services $11,342 · management and general $0 · fundraising $0
-
13 · Office expenses
total $40 · program services $0 · management and general $40 · fundraising $0
-
14 · Information technology
total $270 · program services $270 · management and general $0 · fundraising $0
-
16 · Occupancy
total $146,598 · program services $130,848 · management and general $15,750 · fundraising $0
-
17 · Travel
total $8,623 · program services $0 · management and general $8,623 · fundraising $0
-
19 · Conferences, conventions and meetings
total $380 · program services $380 · management and general $0 · fundraising $0
-
20 · Interest
total $216,515 · program services $216,515 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $204,028 · program services $204,028 · management and general $0 · fundraising $0
-
23 · Insurance
total $142,044 · program services $142,044 · management and general $0 · fundraising $0
-
24a · Other expenses: Bank Service Charges
total $1,250 · program services $0 · management and general $0 · fundraising $1,250
-
24b · Other expenses: Dues and Subscriptions
total $3,160 · program services $0 · management and general $3,160 · fundraising $0
-
24c · Other expenses: Lawn & Outside Maintenance
total $36,325 · program services $36,325 · management and general $0 · fundraising $0
-
24d · Other expenses: Licenses and Permits
total $1,286 · program services $0 · management and general $1,286 · fundraising $0
-
24e · All other expenses
total $383,765 · program services $378,901 · management and general $4,864 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $675,868 · end of year $10,008,694
-
7 · Other notes and loans receivable
end of year $7,127
-
10a · Land, buildings and equipment: cost or other basis
$7,159,968
-
10b · Land, buildings and equipment: accumulated depreciation
$1,620,944
-
10c · Land, buildings and equipment, net
beginning of year $10,205,603 · end of year $5,539,024
-
14 · Intangible assets
beginning of year $157,755 · end of year $9,980
-
15 · Other assets
beginning of year $16,250 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $39,705 · end of year $1,017
-
23 · Secured mortgages and notes payable
beginning of year $10,332,338 · end of year $5,372,837
-
25 · Other liabilities
beginning of year $0 · end of year $1,200
-
27 · Net assets without donor restrictions
beginning of year $683,433 · end of year $10,189,771
Mission and programs · 2022
Mission
The Village of Orlando is committed to the revitalization of low-income, substandard,and drug-infested communities. The emphasis is the development of the surrounding community through the construction and renovation of affordable housing for low-income families.
Activities or mission (Part I)
The Village of Orlando is committed to the revitalization of low-income, substandard,and drug-infested communities.
-
The Village of Orlando provides quality, affordable housing via 150 multifamily units and 25 single family homes. The organization also continues to house approximately 25 small businesses in our economic development initiative, The Village Square.
Expenses $1,704,229 · Grants $325,310 · Revenue $11,361,912
As filed on the 2022 return.
Listed in Part VII
-
Allen Wiggins
President
- Total calculated
- $53,300
- From this org
- $53,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Brandy Felton
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Mylika Morton
Treasurer
- Total calculated
- $13,100
- From this org
- $13,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Deborah Wiggins
Director
- Total calculated
- $48,900
- From this org
- $48,900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Luserne Noel
Director
- Total calculated
- $31,200
- From this org
- $31,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
-
$325,310
Charitable
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Hope Development LLC
Affordable Housing · FL
Directly controlled by NA
-
Hope Housing Development LLC
Affordable Housing · FL
Directly controlled by NA
-
Clear Lake Community Inc
Affordable Housing · FL
Directly controlled by The Village of Orlando
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
Cyrils LLC
$14,550,000
Disposition · Apartment Complexes · Jul 21, 2022 · None
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349303413
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