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Nonprofiteer
← SPOKANE BAPTIST ASSOCIATION HOMES INC

Form 990 for tax year 2022

Filed by SPOKANE BAPTIST ASSOCIATION HOMES INC.

Totals

Total revenue
$2,082,143
Total expenses
$1,943,929
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,163,277
Investment income
-$81,134
Other revenue
$0
Total assets, end of year
$8,149,029
Total liabilities, end of year
$6,488,457
Net assets or fund balances, end of year
$1,660,572
Program services expenses (Part IX)
$1,943,929
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,943,929

Program services were 100.0% 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: RENTS AND SUBSIDIES

    total $1,669,454 · related or exempt $1,669,454

  • 2b · Program service revenue: FOOD SALES

    total $262,977 · related or exempt $262,977

  • 2c · Program service revenue: MISC REVENUE

    total $95,683 · related or exempt $95,683

  • 2d · Program service revenue: OTHER

    total $90,938 · related or exempt $90,938

  • 2e · Program service revenue: SENIOR TV REVENUES

    total $44,225 · related or exempt $44,225

  • 3 · Investment income

    total -$81,134 · excluded -$81,134

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $376,157 · program services $376,157

  • 9 · Other employee benefits

    total $91,865 · program services $91,865

  • 10 · Payroll taxes

    total $89,455 · program services $89,455

  • 11b · Fees: legal

    total $905 · program services $905

  • 11c · Fees: accounting

    total $12,715 · program services $12,715

  • 20 · Interest

    total $101,650 · program services $101,650

  • 22 · Depreciation, depletion and amortization

    total $47,588 · program services $47,588

  • 23 · Insurance

    total $120,482 · program services $120,482

  • 24a · Other expenses: NURSING HOME

    total $382,353 · program services $382,353

  • 24b · Other expenses: REPAIR AND MAINTENANCE

    total $234,804 · program services $234,804

  • 24c · Other expenses: MAINTENANCE

    total $182,464 · program services $182,464

  • 24d · Other expenses: OPERATING - UTILITIES

    total $154,873 · program services $154,873

  • 24e · All other expenses

    total $148,618 · program services $148,618

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $151,731 · end of year $239,190

  • 4 · Accounts receivable

    beginning of year $31,470 · end of year $36,675

  • 7 · Other notes and loans receivable

    beginning of year $2,060,499 · end of year $2,060,499

  • 9 · Prepaid expenses and deferred charges

    beginning of year $24,782 · end of year $27,235

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

    $8,710,601

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

    $7,484,055

  • 10c · Land, buildings and equipment, net

    beginning of year $1,247,677 · end of year $1,226,546

  • 11 · Investments: publicly traded securities

    beginning of year $1,279,757 · end of year $1,134,533

  • 13 · Investments: program-related

    beginning of year $45,124 · end of year $45,124

  • 15 · Other assets

    beginning of year $3,294,723 · end of year $3,379,227

  • 17 · Accounts payable and accrued expenses

    beginning of year $102,267 · end of year $89,101

  • 19 · Deferred revenue

    beginning of year $717 · end of year $1,712

  • 23 · Secured mortgages and notes payable

    beginning of year $5,793,222 · end of year $5,680,978

  • 25 · Other liabilities

    beginning of year $717,199 · end of year $716,666

  • 27 · Net assets without donor restrictions

    beginning of year $1,522,358 · end of year $1,660,572

Mission and programs · 2022

Mission

SENIOR CITIZEN HOUSING

  • THE ORGANIZATION OWNS AND OPERATES RESIDENCE FOR SENIOR CITIZENS. ALL EXPENSES OF THE ORGANIZATION ARE RELATED TO THE OPERATION OF THE RESIDENCE. THERE WERE 270 UNITS IN TOTAL.

    Expenses $1,943,929 · Revenue $2,163,277

As filed on the 2022 return.

Listed in Part VII

  • Simon Way

    SEC/TREASURE

    Total calculated
    $0

  • Lynn Huffman

    DIRECTOR

    Total calculated
    $0

  • Chuck Potter

    VICE PRESIDE

    Total calculated
    $0

  • Glen Pierce

    CEO

    Total calculated
    $80,171
    From this org
    $80,171
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Steve Williams

    PRESIDENT

    Total calculated
    $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.

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.

Related partnerships

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

  • LILAC TERRACE RETIREMENT

    RELATED · SEN. HOUSI · WA · share of income -$22 · share of assets $493 · general or managing partner

    Directly controlled by NA

  • LILAC PLAZA RETIREMENT COMMUNITY

    RELATED · SEN. HOUS. · WA · share of income -$23 · share of assets $1,174 · general or managing partner

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
21 August 2023
IRS schema version
2022v5.0
Source object
202322359349300047

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