Totals
- Total revenue
- $369,725
- Total expenses
- $341,343
- Contributions and grants received
- $113,970
- Grants paid
- $0
- Program service revenue
- $255,167
- Investment income
- $588
- Other revenue
- $0
- Total assets, end of year
- $561,197
- Total liabilities, end of year
- $607,934
- Net assets or fund balances, end of year
- -$46,737
- Program services expenses (Part IX)
- $245,687
- Management and general expenses
- $95,656
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $245,687
Program services were 72.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$113,970
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Tenant Fees
total $255,167 · related or exempt $255,167 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $588 · related or exempt $0 · unrelated business $0 · excluded $588
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $54,362 · program services $29,356 · management and general $25,006
-
9 · Other employee benefits
total $67 · program services $36 · management and general $31
-
10 · Payroll taxes
total $4,814 · program services $2,696 · management and general $2,118
-
11a · Fees: management
total $36,850 · management and general $36,850
-
12 · Advertising and promotion
total $711 · management and general $711
-
13 · Office expenses
total $9,495 · management and general $9,495
-
14 · Information technology
total $1,330 · management and general $1,330
-
16 · Occupancy
total $150,041 · program services $150,041
-
17 · Travel
total $2,667 · management and general $2,667
-
20 · Interest
total $886 · program services $886
-
22 · Depreciation, depletion and amortization
total $48,791 · program services $48,791
-
23 · Insurance
total $13,881 · program services $13,881
-
24a · Other expenses: Asset Management Fee
total $1,063 · program services $0 · management and general $1,063 · fundraising $0
-
24b · Other expenses: Bad Debt
total $12,944 · program services $0 · management and general $12,944 · fundraising $0
-
24c · Other expenses: Misc Admin Expense
total $3,441 · program services $0 · management and general $3,441 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $33,670 · end of year $98,366
-
2 · Savings and temporary cash investments
beginning of year $125,554 · end of year $136,039
-
4 · Accounts receivable
beginning of year $11,651 · end of year -$50
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $11,937 · end of year $4,138
-
10a · Land, buildings and equipment: cost or other basis
$2,090,867
-
10b · Land, buildings and equipment: accumulated depreciation
$1,769,002
-
10c · Land, buildings and equipment, net
beginning of year $370,655 · end of year $321,865
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $769 · end of year $839
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $71,818 · end of year $89,411
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $557,537 · end of year $518,523
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year -$75,119 · end of year -$46,737
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
Provision of affordable housing to low income senior citizens of Taylor County, Wisconsin
-
Provided affordable housing to 80 low income senior citizens and persons with disabilities. Tenant's portion of housing costs were limited to no more than 30% of their disposable income. Remaining portion of housing costs were subsidized by the Rental Assistance Program of the U. S. Department of Agriculture Rural Development agency thereby enabling people with limited income to live in affordable housing.
Expenses $245,687 · Revenue $369,725
As filed on the 2023 return.
Listed in Part VII
-
Michael Welch
President
- Total calculated
- $0
- Hours/week
- 1
-
Dale Johnson
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey Urbaniak
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Sue Blank
Board Director
- Total calculated
- $0
- Hours/week
- 1
-
Tracy Allen
Board 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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 31 October 2024
- IRS schema version
- 2023v5.0
- Source object
- 202403099349302150
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