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Nonprofiteer
← A I M HOUSING INC

Form 990 for tax year 2023

Filed by A I M HOUSING INC.

Totals

Total revenue
$167,470
Total expenses
$261,402
Contributions and grants received
$23,034
Grants paid
$0
Program service revenue
$144,189
Investment income
$247
Other revenue
$0
Total assets, end of year
$1,317,177
Total liabilities, end of year
$21,565
Net assets or fund balances, end of year
$1,295,612
Program services expenses (Part IX)
$231,556
Management and general expenses
$29,846
Fundraising expenses
$0
Program service expenses (Part III)
$231,556

Program services were 88.6% 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)

    $23,034

  • 2a · Program service revenue: APARTMENT RENTAL INCOM

    total $144,189 · related or exempt $144,189

  • 3 · Investment income

    total $247 · excluded $247

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $23,456 · management and general $23,456

  • 11c · Fees: accounting

    total $6,225 · management and general $6,225

  • 13 · Office expenses

    total $144 · management and general $144

  • 16 · Occupancy

    total $35,438 · program services $35,438

  • 17 · Travel

    total $545 · program services $545

  • 22 · Depreciation, depletion and amortization

    total $35,861 · program services $35,861

  • 23 · Insurance

    total $12,642 · program services $12,642

  • 24a · Other expenses: ESPERO PROJECT EXPENSES

    total $96,265 · program services $96,265

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $35,618 · program services $35,618

  • 24c · Other expenses: COC TRANSFER

    total $9,830 · program services $9,830

  • 24d · Other expenses: MISCELLANEOUS

    total $5,357 · program services $5,357

  • 24e · All other expenses

    total $21 · management and general $21

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $546,316 · end of year $259,438

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,941 · end of year $14,871

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

    $1,373,754

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

    $575,784

  • 10c · Land, buildings and equipment, net

    beginning of year $830,643 · end of year $797,970

  • 15 · Other assets

    beginning of year $25,715 · end of year $244,898

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,821 · end of year $7,297

  • 25 · Other liabilities

    beginning of year $7,250 · end of year $14,268

  • 27 · Net assets without donor restrictions

    beginning of year $1,389,544 · end of year $1,295,612

Mission and programs · 2023

Mission

TO PROVIDE HOUSING IN SUPPORT OF THE A.I.M. CENTER, INC., WHICH PROVIDES LOW INCOME HOUSING FOR INDIVIDUALS WITH MENTAL ILLNESSES.

Activities or mission (Part I)

THE ORGANIZATION PROVIDES LOW INCOME PERMANENT SUPPORTIVE HOUSING FOR THOSE WITH A DIAGNOSED MENTAL ILLNESS.

  • A.I.M HOUSING, INC. COMBINES AFFORDABLE HOUSING AND SUPPORTIVE SERVICES TO HELP INDIVIDUALS WITH A SERIOUS MENTAL ILLNESS USE STABLE HOUSING AS A PLATFORM FOR HEALTH, RECOVERY, AND PERSONAL GROWTH. IN PARTNERSHIP WITH THE A.I.M. CENTER, INC., A.I.M. HOUSING, INC. PROVIDES SUPPORTIVE SERVICES AND PROPERTY AND HOUSING MANAGEMENT AS WELL AS OPPORTUNITIES FOR TENANTS TO DEVELOP CONNECTIONS TO THEIR COMMUNITY AND BUILD SOCIAL SUPPORT STRUCTURES.

    Expenses $231,556 · Revenue $144,189

As filed on the 2023 return.

Listed in Part VII

  • Ashley Evans

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Dr Trae Cotton

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Michalle Morris

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Dalton Mook

    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.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202423129349302677

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