Form 990 for tax year 2023

1e · Government grants (contributions)

$4,801,855

2a · Program service revenue: LOAN INCOME

total $180,196 · related or exempt $180,196

2b · Program service revenue: LOAN SERVICE FEES

total $28,558 · related or exempt $28,558

2f · All other program service revenue

total $12,727 · excluded $12,727

6a · Gross rents

real property $116,784

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $116,784

6d · Net rental income or loss

total $116,784 · excluded $116,784

11a · Other revenue: OTHER INCOME

total $1,081 · excluded $1,081

11e · Other revenue, total

$1,081

1 · Grants to domestic organizations and governments

total $396,501 · program services $396,501

5 · Compensation of officers, directors and key employees

total $98,864 · program services $80,030 · management and general $18,834

7 · Other salaries and wages

total $1,640,071 · program services $1,327,625 · management and general $312,446

8 · Pension plan contributions

total $89,098 · program services $72,124 · management and general $16,974

9 · Other employee benefits

total $249,222 · program services $201,743 · management and general $47,479

10 · Payroll taxes

total $103,929 · program services $84,130 · management and general $19,799

11b · Fees: legal

total $13,987 · program services $7,912 · management and general $6,075

11c · Fees: accounting

total $17,000 · management and general $17,000

11g · Fees: other

total $995,323 · program services $940,877 · management and general $54,446

12 · Advertising and promotion

total $63,099 · program services $61,973 · management and general $1,126

13 · Office expenses

total $165,254 · program services $157,528 · management and general $7,726

14 · Information technology

total $61,258 · program services $60,588 · management and general $670

16 · Occupancy

total $104,220 · program services $83,644 · management and general $20,576

17 · Travel

total $73,177 · program services $63,785 · management and general $9,392

19 · Conferences, conventions and meetings

total $54,357 · program services $53,639 · management and general $718

20 · Interest

total $45,492 · program services $36,454 · management and general $9,038

22 · Depreciation, depletion and amortization

total $42,482 · program services $42,482

23 · Insurance

total $16,329 · program services $7,314 · management and general $9,015

24a · Other expenses: MAINTENANCE AND SMALL E

total $71,485 · program services $70,414 · management and general $1,071

24b · Other expenses: BAD DEBT

total $43,958 · program services $41,023 · management and general $2,935

24c · Other expenses: DUES AND MEMBERSHIP FEE

total $29,727 · program services $29,727

24e · All other expenses

total $18,191 · program services $13,992 · management and general $4,199

1 · Cash, non-interest-bearing

beginning of year $931,402 · end of year $390,546

2 · Savings and temporary cash investments

beginning of year $2,130,980 · end of year $2,323,545

4 · Accounts receivable

beginning of year $1,397,885 · end of year $1,511,671

7 · Other notes and loans receivable

beginning of year $7,901,594 · end of year $8,108,638

9 · Prepaid expenses and deferred charges

beginning of year $1,979 · end of year $13,291

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

$2,376,163

10b · Land, buildings and equipment: accumulated depreciation

$1,699,045

10c · Land, buildings and equipment, net

beginning of year $471,463 · end of year $677,118

17 · Accounts payable and accrued expenses

beginning of year $1,186,362 · end of year $1,203,104

19 · Deferred revenue

beginning of year $736,484 · end of year $116,330

23 · Secured mortgages and notes payable

beginning of year $2,670,192 · end of year $2,714,933

27 · Net assets without donor restrictions

beginning of year $8,242,265 · end of year $8,990,442