Skip to content
Nonprofiteer
← ST JOSEPHS VILLA HOUSING CORP

Form 990 for tax year 2022

Filed by ST JOSEPHS VILLA HOUSING CORP.

Totals

Total revenue
$708,341
Total expenses
$653,663
Contributions and grants received
$532,884
Grants paid
$0
Program service revenue
$173,927
Investment income
$1,530
Other revenue
$0
Total assets, end of year
$1,115,829
Total liabilities, end of year
$2,011,307
Net assets or fund balances, end of year
-$895,478
Program services expenses (Part IX)
$601,819
Management and general expenses
$51,844
Fundraising expenses
$0
Program service expenses (Part III)
$601,819

Program services were 92.1% 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)

    $532,884

  • 2a · Program service revenue: LOW-INCOME HOUSING REN

    total $166,604 · related or exempt $166,604

  • 2b · Program service revenue: LAUNDRY & VENDING

    total $7,323 · related or exempt $7,323

  • 3 · Investment income

    total $1,530 · excluded $1,530

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $167,293 · program services $167,293

  • 9 · Other employee benefits

    total $32,822 · program services $32,822

  • 10 · Payroll taxes

    total $12,280 · program services $12,280

  • 11a · Fees: management

    total $41,164 · management and general $41,164

  • 11b · Fees: legal

    total $380 · management and general $380

  • 11c · Fees: accounting

    total $10,300 · management and general $10,300

  • 12 · Advertising and promotion

    total $67 · program services $67

  • 13 · Office expenses

    total $8,757 · program services $8,757

  • 20 · Interest

    total $59,590 · program services $59,590

  • 22 · Depreciation, depletion and amortization

    total $91,202 · program services $91,202

  • 23 · Insurance

    total $48,061 · program services $48,061

  • 24a · Other expenses: CLEANING AND MAINTENANC

    total $61,762 · program services $61,762

  • 24b · Other expenses: UTILITIES

    total $42,779 · program services $42,779

  • 24c · Other expenses: CONTRACTS

    total $40,849 · program services $40,849

  • 24d · Other expenses: LEASE EXPENSE

    total $12,336 · program services $12,336

  • 24e · All other expenses

    total $24,021 · program services $24,021

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,260 · end of year $14,355

  • 4 · Accounts receivable

    beginning of year $40,376 · end of year $32,426

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,547 · end of year $26,541

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

    $3,639,641

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

    $3,135,075

  • 10c · Land, buildings and equipment, net

    beginning of year $574,946 · end of year $504,566

  • 15 · Other assets

    beginning of year $511,775 · end of year $537,941

  • 17 · Accounts payable and accrued expenses

    beginning of year $97,074 · end of year $116,253

  • 19 · Deferred revenue

    beginning of year $3,996 · end of year $2,365

  • 23 · Secured mortgages and notes payable

    beginning of year $1,993,862 · end of year $1,840,763

  • 25 · Other liabilities

    beginning of year $15,128 · end of year $51,926

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $110,680 · end of year $110,680

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$1,060,836 · end of year -$1,006,158

Mission and programs · 2022

Mission

TO PROVIDE LOW INCOME HOUSING FOR THE PHYSICALLY AND MENTALLY DISABLED.

  • HOLLYBROOK APARTMENTS IS ONE OF THREE HUD SECTION 8 HOUSING FACILITIES IN THE UNITED STATES SPECIFICALLY DESIGNED TO MEET THE NEEDS OF DISABLED ADULTS. THIS DESIGN MAKES THE FACILITY DESIRABLE TO BOTH DISABLED ADULTS WISHING TO LIVE INDEPENDENTLY AND TO ELDERS WHO CAN "AGE IN PLACE." THE APARTMENT COMPLEXES HAVE SIXTY UNITS, AND THERE IS A CONSISTENT WAITING LIST. SINCE 2015, ST. JOSEPH'S VILLA HAS CONTRACTED WITH COMMUNITY HOUSING PARTNERS (CHP) TO MANAGE THE PROPERTY.

    Expenses $601,819 · Revenue $173,927

As filed on the 2022 return.

Listed in Part VII

  • Harvey Latney Jr

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • John Davis Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katina Williams

    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
2022
Filed
8 May 2024
IRS schema version
2022v5.0
Source object
202441359349307419

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.