Form 990 for tax year 2022

1e · Government grants (contributions)

$144,817

1f · All other contributions, gifts and grants

$602,549

2a · Program service revenue: RENT

total $524,621 · related or exempt $524,621

3 · Investment income

total $373 · excluded $373

5 · Royalties

total $639 · excluded $639

7a · Gross sales of assets other than inventory

other assets $24,057

7b · Less cost or other basis and sales expenses

other assets $3,293

7c · Gain or loss

other assets $20,764

7d · Net gain or loss

total $20,764 · related or exempt $20,764

11a · Other revenue: MISCELLANEOUS INCOME

total $269 · related or exempt $269

11e · Other revenue, total

$269

11a · Fees: management

total $133,333 · program services $133,333

11c · Fees: accounting

total $6,297 · program services $6,297

13 · Office expenses

total $977 · program services $977

16 · Occupancy

total $121,703 · program services $121,703

20 · Interest

total $41,531 · program services $40,737 · management and general $794

22 · Depreciation, depletion and amortization

total $186,665 · program services $186,665

23 · Insurance

total $17,290 · program services $15,784 · management and general $1,506

24a · Other expenses: REPAIRS & MAINTENANCE

total $254,601 · program services $254,601

24b · Other expenses: ECONOMIC DEVELOPMENT

total $92,179 · program services $92,179

24c · Other expenses: BAD DEBT

total $47,510 · management and general $47,510

24d · Other expenses: COMMUNICATIONS

total $5,542 · program services $5,542

24e · All other expenses

total $6,113 · program services $5,848 · management and general $265

1 · Cash, non-interest-bearing

beginning of year $269,132 · end of year $277,266

2 · Savings and temporary cash investments

beginning of year $34,951 · end of year $56,572

3 · Pledges and grants receivable

beginning of year $28,500 · end of year $28,500

4 · Accounts receivable

beginning of year $112,051 · end of year $47,695

5 · Loans and receivables from officers and key people

beginning of year $500

7 · Other notes and loans receivable

beginning of year $25,431 · end of year $20,567

9 · Prepaid expenses and deferred charges

beginning of year $129

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

$7,271,522

10b · Land, buildings and equipment: accumulated depreciation

$3,468,234

10c · Land, buildings and equipment, net

beginning of year $3,602,624 · end of year $3,803,288

17 · Accounts payable and accrued expenses

beginning of year $10,653 · end of year $9,126

21 · Escrow or custodial account liability

beginning of year $222,390 · end of year $88,954

23 · Secured mortgages and notes payable

beginning of year $949,835 · end of year $866,581

25 · Other liabilities

beginning of year $1,504

27 · Net assets without donor restrictions

beginning of year $2,471,832 · end of year $2,749,691

28 · Net assets with donor restrictions

beginning of year $417,104 · end of year $519,536