Totals
- Total revenue
- $735,031
- Total expenses
- $947,709
- Contributions and grants received
- $428,547
- Grants paid
- $0
- Program service revenue
- $306,234
- Investment income
- $250
- Other revenue
- $0
- Total assets, end of year
- $3,753,263
- Total liabilities, end of year
- $2,175,320
- Net assets or fund balances, end of year
- $1,577,943
- Program services expenses (Part IX)
- $947,709
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $947,709
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$428,547
-
2a · Program service revenue: RENTS FROM TENANTS
total $287,044 · related or exempt $287,044
-
2b · Program service revenue: TENANT CHARGES
total $12,735 · related or exempt $12,735
-
2c · Program service revenue: LAUNDRY AND VENDING
total $6,455 · related or exempt $6,455
-
3 · Investment income
total $250 · related or exempt $250
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $33,263 · program services $33,263
-
11b · Fees: legal
total $7,898 · program services $7,898
-
11c · Fees: accounting
total $7,250 · program services $7,250
-
12 · Advertising and promotion
total $725 · program services $725
-
13 · Office expenses
total $18,473 · program services $18,473
-
14 · Information technology
total $6,253 · program services $6,253
-
16 · Occupancy
total $510,528 · program services $510,528
-
17 · Travel
total $649 · program services $649
-
22 · Depreciation, depletion and amortization
total $258,408 · program services $258,408
-
24a · Other expenses: RENTAL ADMIN EXPENSES
total $46,593 · program services $46,593
-
24b · Other expenses: RESIDENT SERVICES FEE
total $29,436 · program services $29,436
-
24c · Other expenses: LABOR COSTS PD BY MGMT
total $16,097 · program services $16,097
-
24d · Other expenses: COMPLIANCE FEES
total $6,336 · program services $6,336
-
24e · All other expenses
total $5,800 · program services $5,800
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $550 · end of year $10,403
-
2 · Savings and temporary cash investments
beginning of year $471,892 · end of year $594,729
-
4 · Accounts receivable
beginning of year $153,085 · end of year $144,573
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $20,657
-
10a · Land, buildings and equipment: cost or other basis
$7,415,900
-
10b · Land, buildings and equipment: accumulated depreciation
$4,432,999
-
10c · Land, buildings and equipment, net
beginning of year $3,235,737 · end of year $2,982,901
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $282,451 · end of year $393,837
-
19 · Deferred revenue
beginning of year $58,411 · end of year $38,842
-
23 · Secured mortgages and notes payable
beginning of year $1,736,425 · end of year $1,722,108
-
25 · Other liabilities
beginning of year $18,497 · end of year $20,533
-
27 · Net assets without donor restrictions
beginning of year $1,365,480 · end of year $1,177,943
-
28 · Net assets with donor restrictions
beginning of year $400,000 · end of year $400,000
Mission and programs · 2022
Mission
PROVIDE AFFORDABLE HOUSING TO LOW INCOME AND MODERATE INCOME PERSONS.
-
THE ORGANIZATION OWNS AND OPERATES A 66 UNIT LOW-INCOME HOUSING PROJECT THAT PROVIDES DECENT HOUSING THAT IS AFFORDABLE TO LOW INCOME AND MODERATE INCOME PERSONS.
Expenses $947,709 · Revenue $306,484
-
THE ORGANIZATION OWNS AND OPERATES A 66 UNIT LOW-INCOME HOUSING PROJECT THAT PROVIDES DECENT HOUSING THAT IS AFFORDABLE TO LOW INCOME AND MODERATE INCOME PERSONS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
VERLEA BRIGGS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
LYDIA GRAY-HOLIFIELD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
ADAM ABPLANALP
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
DAVE DYK
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
DAWN BUSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HUGH HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JR LILLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMY SETZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ASHTON SIMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JON STRIDE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDREA VALDERRAMA
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.
-
501C3 · HOUSING · OR
-
501C3 · HOUSING · OR
-
GLISAN COMMONS CONDOMINIUM ASSOCIATION
528 · HOUSING · OR
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421299349301872
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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