Form 990 for tax year 2022

1e · Government grants (contributions)

$99,706

2a · Program service revenue: RENTAL INCOME

total $34,993 · related or exempt $34,993

3 · Investment income

total $44 · excluded $44

11a · Other revenue: TENANT CHARGES

total $774 · excluded $774

11b · Other revenue: LAUNDRY & VENDING

total $241 · excluded $241

11e · Other revenue, total

$1,015

11a · Fees: management

total $12,166 · management and general $12,166

11c · Fees: accounting

total $4,000 · management and general $4,000

13 · Office expenses

total $7,324 · management and general $7,324

16 · Occupancy

total $81,578 · program services $81,578

22 · Depreciation, depletion and amortization

total $32,223 · program services $32,223

23 · Insurance

total $1,540 · program services $1,540

24a · Other expenses: MANAGEMENT COMPANY EMPL

total $32,922 · program services $8,648 · management and general $24,274

24b · Other expenses: BAD DEBT EXPENSE

total $261 · management and general $261

1 · Cash, non-interest-bearing

beginning of year $9,069 · end of year $813

4 · Accounts receivable

beginning of year $1,255 · end of year $663

9 · Prepaid expenses and deferred charges

beginning of year $13,572 · end of year $9,926

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

$1,226,197

10b · Land, buildings and equipment: accumulated depreciation

$579,837

10c · Land, buildings and equipment, net

beginning of year $671,733 · end of year $646,360

13 · Investments: program-related

beginning of year $78,555 · end of year $83,870

15 · Other assets

beginning of year $2,823 · end of year $2,835

17 · Accounts payable and accrued expenses

beginning of year $4,971 · end of year $8,726

19 · Deferred revenue

beginning of year $51 · end of year $0

23 · Secured mortgages and notes payable

beginning of year $1,095,500 · end of year $1,095,500

25 · Other liabilities

beginning of year $2,823 · end of year $2,835

27 · Net assets without donor restrictions

beginning of year -$326,338 · end of year -$362,594