Totals
- Total revenue
- $897,035
- Total expenses
- $690,521
- Contributions and grants received
- $248,643
- Grants paid
- $0
- Program service revenue
- $630,939
- Investment income
- $12,686
- Other revenue
- $4,767
- Total assets, end of year
- $1,729,110
- Total liabilities, end of year
- $805,089
- Net assets or fund balances, end of year
- $924,021
- Program services expenses (Part IX)
- $581,864
- Management and general expenses
- $108,657
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $581,864
Program services were 84.3% 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.
-
1e · Government grants (contributions)
$204,600
-
1f · All other contributions, gifts and grants
$44,043
-
2a · Program service revenue: TENANT RENT
total $332,622 · related or exempt $332,622
-
2b · Program service revenue: SERVICE REVENUE
total $169,785 · related or exempt $169,785
-
2c · Program service revenue: HAP/VSHA RENT
total $128,532 · related or exempt $128,532
-
3 · Investment income
total $12,686 · excluded $12,686
-
11a · Other revenue: MISC. INCOME
total $4,767 · related or exempt $4,767
-
11e · Other revenue, total
$4,767
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $80,840 · program services $63,362 · management and general $17,478
-
7 · Other salaries and wages
total $226,198 · program services $177,288 · management and general $48,910
-
10 · Payroll taxes
total $3,500 · program services $3,040 · management and general $460
-
11c · Fees: accounting
total $11,915 · management and general $11,915
-
13 · Office expenses
total $20,084 · management and general $20,084
-
20 · Interest
total $6,082 · management and general $6,082
-
22 · Depreciation, depletion and amortization
total $68,516 · program services $67,488 · management and general $1,028
-
23 · Insurance
total $32,967 · program services $32,472 · management and general $495
-
24a · Other expenses: UTILITIES
total $115,554 · program services $113,821 · management and general $1,733
-
24b · Other expenses: MEALS
total $64,459 · program services $64,459
-
24c · Other expenses: PROPERTY TAXES
total $31,490 · program services $31,018 · management and general $472
-
24d · Other expenses: REPAIRS & MAINTENANCE
total $28,916 · program services $28,916
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $142,468 · end of year $40,448
-
2 · Savings and temporary cash investments
beginning of year $270,163 · end of year $81,070
-
9 · Prepaid expenses and deferred charges
beginning of year $36,033 · end of year $9,462
-
10a · Land, buildings and equipment: cost or other basis
$3,070,617
-
10b · Land, buildings and equipment: accumulated depreciation
$2,017,734
-
10c · Land, buildings and equipment, net
beginning of year $1,055,713 · end of year $1,052,883
-
12 · Investments: other securities
beginning of year $220,477 · end of year $545,247
-
17 · Accounts payable and accrued expenses
beginning of year $22,309 · end of year $9,321
-
23 · Secured mortgages and notes payable
beginning of year $963,575 · end of year $757,730
-
25 · Other liabilities
beginning of year $39,740 · end of year $38,038
-
27 · Net assets without donor restrictions
beginning of year $699,230 · end of year $906,140
-
28 · Net assets with donor restrictions
end of year $17,881
Mission and programs · 2023
Mission
PROVIDE AND PROMOTE AFFORDABLE, SAFE AND CONVENIENT HOUSING FOR CITIZENS FIFTY-FIVE AND OVER.
-
TO PROVIDE AFFORDABLE SENIOR HOUSING
Expenses $581,864 · Revenue $635,706
As filed on the 2023 return.
Listed in Part VII
-
Jay HartmanJAY HARTMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Vera Lynn GatesVERA LYNN GATES
VICE PRESIDENT (END 8/23)
- Total calculated
- $0
- Hours/week
- 1
-
Patricia WhittemorePATRICIA WHITTEMORE
VICE PRESIDENT (START 8/23)
- Total calculated
- $0
- Hours/week
- 1
-
Jean RichardJEAN RICHARD
TREASURER
- Total calculated
- $17,444
- From this org
- $17,444
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Mary B LaroseMARY B LAROSE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John CoteJOHN COTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anne FlemingANNE FLEMING
DIRECTOR
- Total calculated
- $7,967
- From this org
- $7,967
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Emma GerrardEMMA GERRARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
George RobsonGEORGE ROBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrea Patrick-BaudetANDREA PATRICK-BAUDET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Suzanne Hull-CasavantSUZANNE HULL-CASAVANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stacy SillowaySTACY SILLOWAY
MANAGER
- Total calculated
- $55,429
- From this org
- $55,429
- From related orgs
- $0
- Other
- $0
- Hours/week
- 32
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443109349300124
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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