Form 990 for tax year 2024

2a · Program service revenue: RENTAL INCOME FROM AFFILIATED TAX

total $864,617 · related or exempt $864,617

3 · Investment income

total $10,209 · excluded $10,209

6a · Gross rents

real property $9,749,226

6b · Less rental expenses

real property $8,803,722

6c · Rental income or loss

real property $945,504

6d · Net rental income or loss

total $945,504 · excluded $945,504

7a · Gross sales of assets other than inventory

other assets $119,585

7b · Less cost or other basis and sales expenses

other assets $5,903

7c · Gain or loss

other assets $113,682

7d · Net gain or loss

total $113,682 · excluded $113,682

11a · Fees: management

total $1,145 · program services $1,088 · management and general $57

11g · Fees: other

total $90,801 · program services $86,261 · management and general $4,540

13 · Office expenses

total $192 · program services $182 · management and general $10

16 · Occupancy

total $68,435 · program services $68,435

20 · Interest

total $22,877 · program services $21,733 · management and general $1,144

22 · Depreciation, depletion and amortization

total $110,269 · program services $110,269

23 · Insurance

total $20,011 · program services $19,010 · management and general $1,001

24a · Other expenses: REAL ESTATE EXPENSES

total $54,998 · program services $54,998

24b · Other expenses: PROPERTY MAINTENANCE

total $53,215 · program services $50,554 · management and general $2,661

24c · Other expenses: COMMUNICATION

total $1,112 · program services $1,056 · management and general $56

24d · Other expenses: FURNITURE AND EQUIPMENT

total $435 · program services $413 · management and general $22

24e · All other expenses

total $7,116 · program services $6,760 · management and general $356

1 · Cash, non-interest-bearing

beginning of year $635,008 · end of year $699,151

2 · Savings and temporary cash investments

beginning of year $1,409,156 · end of year $1,684,700

4 · Accounts receivable

beginning of year $37,215 · end of year $47,402

9 · Prepaid expenses and deferred charges

beginning of year $63,625 · end of year $96,612

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

$79,242,133

10b · Land, buildings and equipment: accumulated depreciation

$15,818,838

10c · Land, buildings and equipment, net

beginning of year $57,346,446 · end of year $63,423,295

15 · Other assets

beginning of year $771 · end of year $0

17 · Accounts payable and accrued expenses

beginning of year $696,922 · end of year $838,867

19 · Deferred revenue

beginning of year $276,907 · end of year $363,701

25 · Other liabilities

beginning of year $39,965,636 · end of year $44,692,430

27 · Net assets without donor restrictions

beginning of year $18,552,756 · end of year $20,056,162