Skip to content
Nonprofiteer
← OHIO REGION SENIOR CITIZENS HOUSING CORPORATION III

Form 990 for tax year 2024

Filed by OHIO REGION SENIOR CITIZENS HOUSING CORPORATION III.

Totals

Total revenue
$489,434
Total expenses
$665,808
Contributions and grants received
$296,456
Grants paid
$0
Program service revenue
$188,054
Investment income
$4,924
Other revenue
$0
Total assets, end of year
$2,033,889
Total liabilities, end of year
$3,093,314
Net assets or fund balances, end of year
-$1,059,425
Program services expenses (Part IX)
$625,095
Management and general expenses
$40,713
Fundraising expenses
$0
Program service expenses (Part III)
$625,095

Program services were 93.9% 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)

    $296,456

  • 2a · Program service revenue: RENT REVENUE

    total $188,054 · related or exempt $188,054

  • 3 · Investment income

    total $4,924 · excluded $4,924

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $92,501 · program services $92,501

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $3,233 · program services $3,233

  • 10 · Payroll taxes

    total $8,569 · program services $8,569

  • 11a · Fees: management

    total $23,391 · management and general $23,391

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $17,087 · management and general $17,087

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $18,855 · program services $18,855

  • 12 · Advertising and promotion

    total $1,023 · program services $1,023

  • 13 · Office expenses

    total $43,276 · program services $43,041 · management and general $235

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $351,855 · program services $351,855

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $77,664 · program services $77,664

  • 23 · Insurance

    total $0

  • 24a · Other expenses: ELDERLY CARE EXPENSES

    total $24,342 · program services $24,342

  • 24b · Other expenses: BAD DEBT

    total $3,427 · program services $3,427

  • 24c · Other expenses: MISC LICENSES & OTHER

    total $585 · program services $585

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,131 · end of year $14,547

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $2 · end of year $5,568

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,899 · end of year $10,346

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

    $3,461,104

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

    $1,571,032

  • 10c · Land, buildings and equipment, net

    beginning of year $1,933,104 · end of year $1,890,072

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $185,089 · end of year $113,356

  • 17 · Accounts payable and accrued expenses

    beginning of year $85,757 · end of year $157,568

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $93 · end of year $793

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $14,526 · end of year $14,053

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $2,920,900 · end of year $2,920,900

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$883,051 · end of year -$1,059,425

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

THE SPECIFIC PURPOSES FOR WHICH THE CORPORATION IS FORMED ARE TO SPONSOR, DEVELOP, BUILD, AND OPERATE HOUSING FOR THE ELDERLY AND THE HANDICAPPED IN OHIO.

Activities or mission (Part I)

TO PROVIDE HOUSING FOR LOW INCOME ELDERLY AND HANDICAPPED PERSONS.

  • THE CORPORATION MISSION IS TO SPONSOR, DEVELOP, BUILD, AND OPERATE HOUSING FOR THE ELDERLY AND THE HANDICAPPED IN OHIO.

    Expenses $625,095 · Revenue $188,054

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ISRAEL WILHELM

    PRESIDENT

    Total calculated
    $31,200
    From this org
    $0
    From related orgs
    $30,000
    Other
    $1,200
    Hours/week
    0

  • LEVI BROOK

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • ABRAHAM LAPINE

    Secretary

    Total calculated
    $0
    Hours/week
    0

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.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
Filed
5 May 2026
IRS schema version
2024v5.2
Source object
202601349349310535

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.