Totals
- Total revenue
- $449,487
- Total expenses
- $532,093
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $448,408
- Investment income
- $991
- Other revenue
- $88
- Total assets, end of year
- $1,795,492
- Total liabilities, end of year
- $101,238
- Net assets or fund balances, end of year
- $1,694,254
- Program services expenses (Part IX)
- $454,399
- Management and general expenses
- $77,694
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $454,399
Program services were 85.4% 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.
-
2a · Program service revenue: TENANT ASSISTANCE HUD
total $291,160 · related or exempt $291,160
-
2b · Program service revenue: RENTAL INCOME
total $157,248 · related or exempt $157,248
-
3 · Investment income
total $991 · excluded $991
-
11a · Other revenue: OTHER INCOME
total $88 · excluded $88
-
11e · Other revenue, total
$88
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $60,389 · management and general $60,389
-
11c · Fees: accounting
total $11,554 · management and general $11,554
-
12 · Advertising and promotion
total $115 · program services $115
-
13 · Office expenses
total $3,623 · program services $3,623
-
14 · Information technology
total $10,351 · program services $10,351
-
16 · Occupancy
total $49,801 · program services $49,801
-
17 · Travel
total $546 · program services $546
-
19 · Conferences, conventions and meetings
total $5,751 · management and general $5,751
-
22 · Depreciation, depletion and amortization
total $98,302 · program services $98,302
-
23 · Insurance
total $54,154 · program services $54,154
-
24a · Other expenses: MANAGEMENT EXPENSE STAF
total $142,007 · program services $142,007
-
24b · Other expenses: CONTRACT SERVICES
total $48,455 · program services $48,455
-
24c · Other expenses: SERVICE COORDINATOR EXP
total $28,380 · program services $28,380
-
24d · Other expenses: TRASH REMOVAL
total $9,829 · program services $9,829
-
24e · All other expenses
total $8,836 · program services $8,836
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,917 · end of year $1,402
-
4 · Accounts receivable
beginning of year $1,716 · end of year $90,900
-
9 · Prepaid expenses and deferred charges
beginning of year $30,904 · end of year $24,142
-
10a · Land, buildings and equipment: cost or other basis
$3,879,294
-
10b · Land, buildings and equipment: accumulated depreciation
$2,364,868
-
10c · Land, buildings and equipment, net
beginning of year $1,602,095 · end of year $1,514,426
-
15 · Other assets
beginning of year $176,431 · end of year $164,622
-
17 · Accounts payable and accrued expenses
beginning of year $23,420 · end of year $81,104
-
19 · Deferred revenue
beginning of year $1,750 · end of year $2,377
-
25 · Other liabilities
beginning of year $15,033 · end of year $17,757
-
27 · Net assets without donor restrictions
beginning of year -$1,778,240 · end of year -$1,860,846
-
28 · Net assets with donor restrictions
beginning of year $3,555,100 · end of year $3,555,100
Mission and programs · 2022
Mission
THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY.
-
PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.
Expenses $454,399 · Revenue $448,408
As filed on the 2022 return.
Listed in Part VII
-
EDWARD MAYORGA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
MARIA STASIOS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
RONALD DEMAS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
SAMUEL WIERSTEINER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
PETER ZACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LIMBERIOS VALLIANOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CAMERON CALHOUN
DIRECTOR
- 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
- 2022
- Filed
- 15 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431069349301113
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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