Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: HUD ASSISTANCE INCOME

  total $7,835,004 · related or exempt $7,835,004

• 2b · Program service revenue: RENTAL INCOME

  total $1,789,668 · related or exempt $1,789,668

• 2c · Program service revenue: FOOD SERVICE

  total $298,716 · related or exempt $298,716

• 3 · Investment income

  total $56,117 · excluded $56,117

• 11a · Other revenue: OTHER REVENUE

  total $85,225 · excluded $85,225

• 11b · Other revenue: LAUNDRY/VENDING

  total $6,705 · excluded $6,705

• 11e · Other revenue, total

  $91,930

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,715,651 · program services $2,715,651

• 7 · Other salaries and wages

  total $1,432,740 · program services $1,432,740

• 8 · Pension plan contributions

  total $48,366 · program services $48,366

• 9 · Other employee benefits

  total $103,786 · program services $103,786

• 10 · Payroll taxes

  total $73,230 · program services $73,230

• 11a · Fees: management

  total $308,052 · management and general $308,052

• 11c · Fees: accounting

  total $124,168 · management and general $124,168

• 11g · Fees: other

  total $24,496 · program services $24,496

• 12 · Advertising and promotion

  total $422 · program services $422

• 13 · Office expenses

  total $204,096 · program services $204,096

• 14 · Information technology

  total $78,169 · program services $78,169

• 16 · Occupancy

  total $1,896,611 · program services $1,896,611

• 17 · Travel

  total $7,822 · program services $7,822

• 22 · Depreciation, depletion and amortization

  total $2,144,635 · program services $2,144,635

• 23 · Insurance

  total $181,359 · program services $181,359

• 24a · Other expenses: ACTIVITIES AND EVENTS

  total $12,833 · program services $12,833

• 24b · Other expenses: FOOD SUPPLIES

  total $153 · program services $153

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,389,703 · end of year $8,047,729

• 2 · Savings and temporary cash investments

  beginning of year $90,815 · end of year $95,519

• 4 · Accounts receivable

  beginning of year $0 · end of year $20,729

• 9 · Prepaid expenses and deferred charges

  beginning of year $117,864 · end of year $9,057

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

  $118,926,642

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

  $4,230,495

• 10c · Land, buildings and equipment, net

  beginning of year $116,415,257 · end of year $114,696,147

• 15 · Other assets

  beginning of year $10,536,205 · end of year $10,986,536

• 17 · Accounts payable and accrued expenses

  beginning of year $977,987 · end of year $906,696

• 21 · Escrow or custodial account liability

  beginning of year $89,310 · end of year $95,519

• 25 · Other liabilities

  beginning of year $267,166 · end of year $923,275

• 27 · Net assets without donor restrictions

  beginning of year $131,215,381 · end of year $131,930,227

The filer's explanations (Part III)

PART I, LINES 4A-B

LINE 4A - RONALD SCHAEFER RECEIVED A SEVERANCE PAYMENT OF $400,000 DURING THE 2022 CALENDAR YEAR. THE PAYMENT HAS BEEN REPORTED WITHIN "OTHER REPORTABLE COMPENSATION" ON SCHEDULE J, PART II, PAYMENTS HAVE BEEN REPORTED AS TAXABLE COMPENSATION TO THE INDIVIDUALS AND COLUMN (B)(III). LINE 4B - FRONT PORCH COMMUNITIES AND SERVICES HAS A 457F PLAN FOR THE FOLLOWING INDIVIDUALS. THE PARTICIPANTS OF THE PLAN ARE THOSE EMPLOYEES WHO ARE ADMINISTRATORS AND OFFICERS OF FRONT PORCH COMMUNITIES AND SERVICES AND ITS AFFILIATES. ADMINISTRATORS ARE THE EXECUTIVE DIRECTORS OF THE COMMUNITIES. FROM TIME TO TIME THE BOARD MAY DESIGNATE ADDITIONAL OFFICERS AND ADMINISTRATORS. RONALD SCHAEFER DIANA JAMISON MARY MCMULLIN JONATHAN CASEY EDUARDO SALVADOR KARI OLSON

SCHEDULE J, PART I

ALL OF THE EMPLOYEES LISTED ON FORM 990 PART VII SECTION A--OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES--ARE EMPLOYED AND COMPENSATED BY FRONT PORCH COMMUNITIES AND SERVICES. THE ORGANIZATION RELIED ON FRONT PORCH COMMUNITIES AND SERVICES USING 3 METHODS DESCRIBED ON PART I, LINE 3 TO ESTABLISH OFFICER'S COMPENSATION. THE METHODS USED ARE: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FRONT PORCH COMMUNITIES AND SERVICES REPORTS 100% OF THE INDIVIDUAL'S COMPENSATION ON W-2'S ISSUED BY FRONT PORCH COMMUNITIES AND SERVICES. HOWEVER, SOME OF THESE EMPLOYEES ARE ASSIGNED DUTIES FOR OTHER RELATED ORGANIZATIONS (SEE SCHEDULE R FOR ADDITIONAL INFORMATION REGARDING THE RELATED ORGANIZATIONS). THE SALARIES REPORTED ON PART VII OF THE 990 AND SCHEDULE J ARE IN PART SUPPORTED THROUGH MANAGEMENT FEES REMITTED TO COVIA AFFORDABLE COMMUNITIES.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• OAK CENTERS LP

  PROVIDE AFFORDABLE HOUSING TO ELDERLY · CA