Totals
- Total revenue
- $2,040,115
- Total expenses
- $1,636,691
- Contributions and grants received
- $1,347,988
- Grants paid
- $0
- Program service revenue
- $687,306
- Investment income
- $4,821
- Other revenue
- $0
- Total assets, end of year
- $7,455,731
- Total liabilities, end of year
- $5,770,276
- Net assets or fund balances, end of year
- $1,685,455
- Program services expenses (Part IX)
- $1,515,549
- Management and general expenses
- $121,142
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,515,549
Program services were 92.6% 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)
$1,347,738
-
1f · All other contributions, gifts and grants
$250
-
2a · Program service revenue: RENTAL INCOME
total $621,197 · related or exempt $621,197
-
2b · Program service revenue: MISCELLANEOUS REVENUE
total $27,637 · related or exempt $27,637
-
2c · Program service revenue: LAUNDRY/VENDING INCOME
total $17,644 · related or exempt $17,644
-
2d · Program service revenue: CABLE INCOME
total $15,302 · related or exempt $15,302
-
2e · Program service revenue: REPAIRS CHARGED TO TENANT
total $5,526 · related or exempt $5,526
-
3 · Investment income
total $43,183 · excluded $43,183
-
7b · Less cost or other basis and sales expenses
other assets $38,362
-
7c · Gain or loss
other assets -$38,362
-
7d · Net gain or loss
total -$38,362 · related or exempt -$38,362
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $258,619 · program services $258,619
-
9 · Other employee benefits
total $83,232 · program services $83,232
-
10 · Payroll taxes
total $20,543 · program services $20,543
-
11a · Fees: management
total $110,502 · management and general $110,502
-
11b · Fees: legal
total $200 · management and general $200
-
11c · Fees: accounting
total $10,440 · management and general $10,440
-
11g · Fees: other
total $42,761 · program services $42,761
-
12 · Advertising and promotion
total $4,529 · program services $4,529
-
13 · Office expenses
total $23,821 · program services $23,821
-
16 · Occupancy
total $401,556 · program services $401,556
-
17 · Travel
total $169 · program services $169
-
20 · Interest
total $279,696 · program services $279,696
-
22 · Depreciation, depletion and amortization
total $279,932 · program services $279,932
-
23 · Insurance
total $88,822 · program services $88,822
-
24a · Other expenses: MISC ADMIN EXPS
total $26,351 · program services $26,351
-
24b · Other expenses: MISC TAXES, LICENSES
total $4,785 · program services $4,785
-
24c · Other expenses: BAD DEBTS
total $608 · program services $608
-
24d · Other expenses: LATE FEES
total $114 · program services $114
-
24e · All other expenses
total $11 · program services $11
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $224,611 · end of year $96,981
-
4 · Accounts receivable
beginning of year $3,402 · end of year $41,394
-
9 · Prepaid expenses and deferred charges
beginning of year $29,464 · end of year $31,900
-
10a · Land, buildings and equipment: cost or other basis
$12,562,593
-
10b · Land, buildings and equipment: accumulated depreciation
$7,342,295
-
10c · Land, buildings and equipment, net
beginning of year $5,358,505 · end of year $5,220,298
-
15 · Other assets
beginning of year $1,818,302 · end of year $2,065,158
-
17 · Accounts payable and accrued expenses
beginning of year $30,199 · end of year $21,388
-
23 · Secured mortgages and notes payable
beginning of year $6,168,427 · end of year $5,786,944
-
25 · Other liabilities
beginning of year -$46,373 · end of year -$38,056
-
27 · Net assets without donor restrictions
beginning of year $1,282,031 · end of year $1,685,455
Mission and programs · 2022
Mission
TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED.
-
RUOFF TOWER'S PURPOSE IS TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS. RUOFF TOWER IS A 150-UNIT APARTMENT COMPLEX THAT IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS A SECTION 8 PROJECT.
Expenses $1,515,549
As filed on the 2022 return.
Listed in Part VII
-
JOHN CHESTERS
DIRECTOR
- Total calculated
- $0
-
BEN VAN COUVERING
DIRECTOR
- Total calculated
- $0
-
DANA HANCHIN
VICE PRESIDE
- Total calculated
- $0
-
DERRICK HERBERT
TREASURER
- Total calculated
- $0
-
DONALD LONG
PRESIDENT
- Total calculated
- $0
-
HARRY LOSHNOWSKY
DIRECTOR
- Total calculated
- $0
-
HEIDI MCCAULEY
DIRECTOR
- Total calculated
- $0
-
GEORGE RETTEW
DIRECTOR
- Total calculated
- $0
-
MICHAEL SEDOTI
DIRECTOR
- Total calculated
- $0
-
DENISE WARGO
SECRETARY
- Total calculated
- $0
-
BARRY WITMER
DIRECTOR
- Total calculated
- $0
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332899349300818
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.