Skip to content
Nonprofiteer
← PLEASANT STREET HOUSING INC

Form 990 for tax year 2022

Filed by PLEASANT STREET HOUSING INC.

Totals

Total revenue
$358,664
Total expenses
$394,842
Contributions and grants received
$111,736
Grants paid
$0
Program service revenue
$246,848
Investment income
$80
Other revenue
$0
Total assets, end of year
$616,814
Total liabilities, end of year
$1,011,952
Net assets or fund balances, end of year
-$395,138
Program services expenses (Part IX)
$335,705
Management and general expenses
$59,137
Fundraising expenses
$0
Program service expenses (Part III)
$335,705

Program services were 85.0% 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.

  • 1d · Related organizations

    $40,000

  • 1e · Government grants (contributions)

    $71,736

  • 2a · Program service revenue: Program Revenue

    total $246,848 · related or exempt $245,637 · excluded $1,211

  • 3 · Investment income

    total $80 · excluded $80

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $16,080 · management and general $16,080

  • 11b · Fees: legal

    total $9,505 · management and general $9,505

  • 11c · Fees: accounting

    total $17,753 · management and general $17,753

  • 13 · Office expenses

    total $10,756 · program services $10,756

  • 16 · Occupancy

    total $208,341 · program services $208,341

  • 20 · Interest

    total $52,585 · program services $52,585

  • 22 · Depreciation, depletion and amortization

    total $38,502 · program services $38,502

  • 24a · Other expenses: Res. Svc. Coordinator

    total $17,136 · program services $17,136

  • 24b · Other expenses: Bad Debt

    total $10,811 · management and general $10,811

  • 24c · Other expenses: Supplies

    total $7,255 · program services $7,255

  • 24d · Other expenses: Miscellaneous

    total $6,118 · program services $1,130 · management and general $4,988

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $164,433 · end of year $140,506

  • 4 · Accounts receivable

    beginning of year $4,433 · end of year $5,139

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

    $1,426,619

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

    $960,983

  • 10c · Land, buildings and equipment, net

    beginning of year $488,988 · end of year $465,636

  • 15 · Other assets

    beginning of year $6,274 · end of year $5,533

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,639 · end of year $110,047

  • 19 · Deferred revenue

    beginning of year $2,147 · end of year $937

  • 23 · Secured mortgages and notes payable

    beginning of year $903,305 · end of year $876,911

  • 25 · Other liabilities

    beginning of year $94,997 · end of year $24,057

  • 27 · Net assets without donor restrictions

    beginning of year -$358,960 · end of year -$395,138

Mission and programs · 2022

Mission

Apartment complex to provide housing to low income adults living with mental illness who are served by its sponsor, Shalom House, Inc. Shalom House, Inc. provides an array of community-based mental health services and a choice of affordable quality housing to persons suffering from severe mental illness.

Activities or mission (Part I)

Apartment complex to provide housing to low income adults living with mental illness who are served by its sponsor, Shalom House, Inc.

  • To provide HUD subsidized apartments for low income adults living with mental illness.

    Expenses $335,705 · Revenue $246,848

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mary Haynes-Rodgers

    Executive Director

    Total calculated
    $144,485
    From this org
    $0
    From related orgs
    $138,817
    Other
    $5,668
    Hours/week
    5 + 35 related

  • Monett Wilson

    Finance Director

    Total calculated
    $103,334
    From this org
    $0
    From related orgs
    $97,572
    Other
    $5,762
    Hours/week
    5 + 35 related

  • Kitty Purington

    Past President

    Total calculated
    $0
    Hours/week
    0.25 + 1 related

  • Gary Rogers

    Vice President

    Total calculated
    $0
    Hours/week
    0.25 + 1 related

  • James Ascanio

    Treasurer

    Total calculated
    $0
    Hours/week
    0.25 + 1 related

  • Kelly Webber

    Assistant Treasurer

    Total calculated
    $0
    Hours/week
    0.25 + 0.75 related

  • Cheryl Ramsay

    Secretary

    Total calculated
    $0
    Hours/week
    0.25 + 1 related

  • Mark Adelson

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Diane Atwood

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Shawn Baldwin

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Holly Burbank

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Eleanor Dudek

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Beth Elicker

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Lois Jones

    Past Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Rebecca Kingsley Sewall

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Mark Krogman

    Past President

    Total calculated
    $0
    Hours/week
    0.25 + 1 related

  • Susan Lichtman Maataoui PhD

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • David O'Connell

    Past Assistant Treasurer

    Total calculated
    $0
    Hours/week
    0.25 + 0.75 related

  • Curt Sachs

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Lisa Whitt

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

  • Jennifer Yahr

    Director

    Total calculated
    $0
    Hours/week
    0.15 + 0.75 related

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.

  • 30 Mellen Street LP

    Provide Housing · ME

  • Ninety High LP co Shalom House Inc

    Provide Housing · ME

  • 315 Valley Street LP

    Provide Housing · ME

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Shalom House Valley Street Development

    C · Development · ME

  • Shalom Mellen Street Inc

    C · Provide Housing · ME

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202411359349302411

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.