Form 990 for tax year 2022

2a · Program service revenue: RENTS

total $4,909,186 · related or exempt $4,909,186

2b · Program service revenue: ASS'D LIVING/FOOD SERV

total $365,384 · related or exempt $365,384

3 · Investment income

total $10,064 · excluded $10,064

11a · Other revenue: TENANT CHARGES

total $13,060 · related or exempt $13,060

11e · Other revenue, total

$13,060

7 · Other salaries and wages

total $1,772,676 · program services $1,152,239 · management and general $620,437

8 · Pension plan contributions

total $2,562 · program services $1,665 · management and general $897

9 · Other employee benefits

total $90,174 · program services $58,613 · management and general $31,561

10 · Payroll taxes

total $131,514 · program services $85,484 · management and general $46,030

11a · Fees: management

total $278,418 · management and general $278,418

11c · Fees: accounting

total $14,708 · management and general $14,708

12 · Advertising and promotion

total $172,876 · management and general $172,876

13 · Office expenses

total $158,754 · program services $79,377 · management and general $79,377

16 · Occupancy

total $273,966 · program services $273,966

17 · Travel

total $1,404 · management and general $1,404

20 · Interest

total $672,923 · program services $672,923

22 · Depreciation, depletion and amortization

total $560,861 · program services $560,861

23 · Insurance

total $234,250 · program services $234,250

24a · Other expenses: FOOD SERVICE, ASSISTED

total $719,163 · program services $719,163

24b · Other expenses: OPERATING AND MAINTENAN

total $373,752 · program services $373,752

24c · Other expenses: BAD DEBT

total $43,914 · program services $43,914

1 · Cash, non-interest-bearing

beginning of year $585,541 · end of year $717,327

2 · Savings and temporary cash investments

beginning of year $2,201,528 · end of year $1,457,434

4 · Accounts receivable

beginning of year $595,341 · end of year $1,063,797

9 · Prepaid expenses and deferred charges

beginning of year $4,416

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

$18,114,679

10b · Land, buildings and equipment: accumulated depreciation

$5,939,959

10c · Land, buildings and equipment, net

beginning of year $12,710,204 · end of year $12,174,720

14 · Intangible assets

beginning of year $31,796 · end of year $25,102

15 · Other assets

beginning of year $327,162 · end of year $327,162

17 · Accounts payable and accrued expenses

beginning of year $186,998 · end of year $40,359

21 · Escrow or custodial account liability

beginning of year $27,731 · end of year $28,095

23 · Secured mortgages and notes payable

beginning of year $14,148,333 · end of year $13,825,020

25 · Other liabilities

beginning of year $143,134 · end of year $126,497

27 · Net assets without donor restrictions

beginning of year $1,949,792 · end of year $1,745,571