Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $199,978

• 2a · Program service revenue: RENTAL INCOME

  total $231,812 · related or exempt $231,812

• 3 · Investment income

  total $6,419 · excluded $6,419

• 11a · Other revenue: OTHER REVENUE-MISC.

  total $223,892 · excluded $223,892

• 11e · Other revenue, total

  $223,892

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $62,329 · program services $40,262 · management and general $22,067

• 9 · Other employee benefits

  total $8,111 · program services $8,111

• 10 · Payroll taxes

  total $4,509 · program services $4,509

• 11a · Fees: management

  total $32,091 · management and general $32,091

• 11c · Fees: accounting

  total $11,697 · management and general $11,697

• 13 · Office expenses

  total $9,133 · management and general $9,133

• 16 · Occupancy

  total $238,478 · program services $238,478

• 17 · Travel

  total $1,149 · management and general $1,149

• 22 · Depreciation, depletion and amortization

  total $324,704 · program services $324,704

• 24a · Other expenses: ADMINISTRATIVE

  total $12,058 · management and general $12,058

• 24b · Other expenses: OTHER RENTING EXPENSES

  total $1,400 · management and general $1,400

• 24c · Other expenses: STAFF TRAINING

  total $1,042 · management and general $1,042

• 24d · Other expenses: MANAGEMENT CONSULTANTS

  total $444 · management and general $444

• 24e · All other expenses

  total $59 · management and general $59

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $455,880 · end of year $24,654

• 4 · Accounts receivable

  beginning of year $8,412 · end of year $11,738

• 9 · Prepaid expenses and deferred charges

  beginning of year $57,803 · end of year $73,504

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

  $11,260,922

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

  $3,462,362

• 10c · Land, buildings and equipment, net

  beginning of year $7,491,835 · end of year $7,798,560

• 15 · Other assets

  beginning of year $432,429 · end of year $201,789

• 17 · Accounts payable and accrued expenses

  beginning of year $313,584 · end of year $46,047

• 23 · Secured mortgages and notes payable

  beginning of year $6,874,047 · end of year $6,846,566

• 25 · Other liabilities

  beginning of year $23,186 · end of year $27,193

• 27 · Net assets without donor restrictions

  beginning of year $1,229,092 · end of year $1,183,989

• 28 · Net assets with donor restrictions

  beginning of year $6,450 · end of year $6,450

The filer's explanations (Part III)

PART I, LINE 4A

CATHOLIC CHARITIES, DIOCESE OF VENICE, INC PAID CLINT BRANAM A SEVERANCE OF $67,600.