Skip to content
Nonprofiteer
← KANESVILLE HEIGHTS INC

Form 990 for tax year 2022

Filed by KANESVILLE HEIGHTS INC.

Totals

Total revenue
$224,765
Total expenses
$313,076
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$222,526
Investment income
$81
Other revenue
$2,158
Total assets, end of year
$1,341,502
Total liabilities, end of year
$2,422,352
Net assets or fund balances, end of year
-$1,080,850
Program services expenses (Part IX)
$283,922
Management and general expenses
$29,154
Fundraising expenses
$0
Program service expenses (Part III)
$283,922

Program services were 90.7% 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: RENTAL INCOME

    total $222,526 · related or exempt $222,526

  • 3 · Investment income

    total $81 · excluded $81

  • 11a · Other revenue: LAUNDRY AND VENDING

    total $2,158 · related or exempt $2,158

  • 11e · Other revenue, total

    $2,158

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $36,873 · program services $36,873

  • 9 · Other employee benefits

    total $18,846 · program services $18,846

  • 10 · Payroll taxes

    total $2,991 · program services $2,991

  • 11a · Fees: management

    total $26,934 · management and general $26,934

  • 11c · Fees: accounting

    total $8,620 · program services $6,400 · management and general $2,220

  • 13 · Office expenses

    total $15,081 · program services $15,081

  • 16 · Occupancy

    total $102,733 · program services $102,733

  • 22 · Depreciation, depletion and amortization

    total $81,962 · program services $81,962

  • 23 · Insurance

    total $19,036 · program services $19,036

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,763 · end of year $4,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,076 · end of year $2,076

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

    $2,506,725

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

    $1,267,152

  • 10c · Land, buildings and equipment, net

    beginning of year $1,291,377 · end of year $1,239,573

  • 13 · Investments: program-related

    beginning of year $102,542 · end of year $79,802

  • 15 · Other assets

    beginning of year $16,001 · end of year $16,051

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,052 · end of year $40,792

  • 23 · Secured mortgages and notes payable

    beginning of year $2,312,100 · end of year $2,312,100

  • 24 · Unsecured notes and loans payable

    beginning of year $54,700 · end of year $54,700

  • 25 · Other liabilities

    beginning of year $15,446 · end of year $14,760

  • 27 · Net assets without donor restrictions

    beginning of year -$992,539 · end of year -$1,080,850

Mission and programs · 2022

Mission

TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES ARE TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATIONS THEREOF ON A NONPROFIT BASIS.

Activities or mission (Part I)

AFFORDABLE HOUSING FOR VERY LOW INCOME ELDERLY PERSONS - SEE PART III, LINE 1 FOR MISSION STATEMENT

  • OPERATION OF A 37 UNIT RESIDENTIAL FACILITY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

    Expenses $283,922 · Revenue $224,684

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

Listed in Part VII

  • Donna Pritchard

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Barbara Morrison

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Joyce Rodenburg

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Cheri Van Sickle

    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.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
31 August 2023
IRS schema version
2022v5.0
Source object
202332439349300423

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.