Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $152,766

• 1f · All other contributions, gifts and grants

  $51,443

• 1g · Noncash contributions included above

  $35,446

• 2a · Program service revenue: RENTAL INCOME

  total $3,851,592 · related or exempt $3,851,592

• 3 · Investment income

  total $159,035 · excluded $159,035

• 8a · Fundraising events: gross income

  $36,971

• 8a · Fundraising events: contributions included on line 1c

  $152,766

• 8b · Fundraising events: direct expenses

  $95,933

• 8c · Net income from fundraising events

  total -$58,962 · excluded -$58,962

• 9a · Gaming: gross income

  $23,335

• 9b · Gaming: direct expenses

  $10,000

• 9c · Net income from gaming

  total $13,335 · excluded $13,335

Functional expenses

Part IX, the statement of functional expenses.

• 11c · Fees: accounting

  total $700 · management and general $700

• 11g · Fees: other

  total $3,000 · management and general $3,000

• 14 · Information technology

  total $8,250 · fundraising $8,250

• 17 · Travel

  total $2,405 · management and general $2,405

• 20 · Interest

  total $2,445,707 · management and general $2,445,707

• 22 · Depreciation, depletion and amortization

  total $1,827,625 · program services $1,769,563 · management and general $58,062

• 24a · Other expenses: DUES & FEES

  total $29,657 · management and general $29,657

• 24b · Other expenses: MATERIALS & SUPPLIES

  total $1,160 · fundraising $1,160

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $998,594 · end of year $1,175,459

• 2 · Savings and temporary cash investments

  beginning of year $4,159,113 · end of year $4,314,846

• 3 · Pledges and grants receivable

  beginning of year $100,909 · end of year $909

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

  $43,481,266

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

  $6,643,730

• 10c · Land, buildings and equipment, net

  beginning of year $38,607,099 · end of year $36,837,536

• 15 · Other assets

  beginning of year $59,408 · end of year $44,018

• 17 · Accounts payable and accrued expenses

  beginning of year $23,447 · end of year $1,500

• 20 · Tax-exempt bond liabilities

  beginning of year $41,471,964 · end of year $41,235,026

• 25 · Other liabilities

  beginning of year $2,927,707 · end of year $1,783,532

• 27 · Net assets without donor restrictions

  beginning of year -$840,191 · end of year -$1,032,766

• 28 · Net assets with donor restrictions

  beginning of year $342,196 · end of year $385,476

The filer's explanations (Part III)

PART I, LINE 4B

PATTY GLASER, PH.D. - $20,500