Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $10,480

• 1d · Related organizations

  $33,730

• 1f · All other contributions, gifts and grants

  $5,392

• 1g · Noncash contributions included above

  $33,730

• 2a · Program service revenue: RENT FROM AFFILIATES

  total $3,497,647 · related or exempt $3,497,647

• 3 · Investment income

  total $791,051 · excluded $791,051

• 6a · Gross rents

  real property $686,786

• 6b · Less rental expenses

  real property $356,608

• 6c · Rental income or loss

  real property $330,178

• 6d · Net rental income or loss

  total $330,178 · excluded $330,178

• 7a · Gross sales of assets other than inventory

  securities $308,071 · other assets $403,367

• 7b · Less cost or other basis and sales expenses

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $308,071 · other assets $403,367

• 7d · Net gain or loss

  total $711,438 · excluded $711,438

• 8a · Fundraising events: gross income

  $10,000

• 8a · Fundraising events: contributions included on line 1c

  $10,480

• 8b · Fundraising events: direct expenses

  $12,714

• 8c · Net income from fundraising events

  total -$2,714 · excluded -$2,714

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $35,007 · related or exempt $35,007

• 11e · Other revenue, total

  $35,007

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $15,840 · program services $15,840

• 2 · Grants to domestic individuals

  total $40,000 · program services $40,000

• 11a · Fees: management

  total $25,800 · program services $25,800

• 11c · Fees: accounting

  total $5,750 · management and general $5,750

• 11d · Fees: lobbying

  total $45,000 · management and general $45,000

• 11f · Fees: investment management

  total $51,120 · management and general $51,120

• 11g · Fees: other

  total $83,281 · program services $56,898 · management and general $18,322 · fundraising $8,061

• 13 · Office expenses

  total $5,528 · program services $5,252 · fundraising $276

• 16 · Occupancy

  total $2,316,502 · program services $1,938,912 · management and general $370,640 · fundraising $6,950

• 20 · Interest

  total $363 · program services $363

• 22 · Depreciation, depletion and amortization

  total $1,338,114 · program services $1,338,114

• 24a · Other expenses: DUES

  total $435,445 · program services $278,685 · management and general $156,760

• 24b · Other expenses: TAXES & LICENSING

  total $186,360 · management and general $186,360

• 24e · All other expenses

  total $37,996 · program services $37,996

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,009,904 · end of year $5,238,397

• 2 · Savings and temporary cash investments

  beginning of year $93,425 · end of year $93,472

• 4 · Accounts receivable

  beginning of year $11,683 · end of year $12,961

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,233 · end of year $5,006

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

  $32,333,698

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

  $13,253,366

• 10c · Land, buildings and equipment, net

  beginning of year $20,469,555 · end of year $19,080,332

• 11 · Investments: publicly traded securities

  beginning of year $19,630,774 · end of year $18,280,324

• 12 · Investments: other securities

  beginning of year $2,939,321 · end of year $7,810,712

• 14 · Intangible assets

  beginning of year $42,917 · end of year $0

• 15 · Other assets

  beginning of year $2,865,792 · end of year $2,598,572

• 17 · Accounts payable and accrued expenses

  beginning of year $106,095 · end of year $113,495

• 19 · Deferred revenue

  beginning of year $3,520 · end of year $950

• 25 · Other liabilities

  beginning of year $2,695,739 · end of year $3,341,575

• 27 · Net assets without donor restrictions

  beginning of year $47,264,250 · end of year $49,663,756

The filer's explanations (Part III)

PART I, LINE 3:

CEO COMPENSATION: THE CEO RECEIVES COMPENSATION FROM COMMUNITY REACH CENTER SYSTEMS, INC. PLEASE SEE SCHEDULE O, PART VI, QUESTION 15A NARRATIVE FOR HOW COMPENSATION IS DETERMINED.