Skip to content
Nonprofiteer
← HOUSING AGENCY FOR RETARDED CITIZENS INC

Form 990 for tax year 2022

Filed by HOUSING AGENCY FOR RETARDED CITIZENS INC.

Totals

Total revenue
$379,653
Total expenses
$255,429
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$378,823
Investment income
$830
Other revenue
$0
Total assets, end of year
$328,831
Total liabilities, end of year
$38,454
Net assets or fund balances, end of year
$290,377
Program services expenses (Part IX)
$209,423
Management and general expenses
$46,006
Fundraising expenses
$0
Program service expenses (Part III)
$209,423

Program services were 82.0% 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.

  • 2a · Program service revenue: Client rent

    total $378,823 · related or exempt $378,823

  • 3 · Investment income

    total $830 · excluded $830

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $57,918 · program services $18,000 · management and general $39,918

  • 11c · Fees: accounting

    total $7,460 · program services $1,372 · management and general $6,088

  • 13 · Office expenses

    total $36,723 · program services $36,723

  • 16 · Occupancy

    total $41,400 · program services $41,400

  • 20 · Interest

    total $170 · program services $170

  • 22 · Depreciation, depletion and amortization

    total -$7,420 · program services -$7,420

  • 24a · Other expenses: Utilities

    total $70,599 · program services $70,599

  • 24b · Other expenses: Repairs and maintenance

    total $48,579 · program services $48,579

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $68,415 · end of year $151,384

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

    $1,242,727

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

    $1,065,280

  • 10c · Land, buildings and equipment, net

    beginning of year $129,366 · end of year $177,447

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,701 · end of year $38,454

  • 23 · Secured mortgages and notes payable

    beginning of year $21,927 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $166,153 · end of year $290,377

Mission and programs · 2022

Mission

To provide low-income housing to intellectually and developmentally disabled citizens.

Activities or mission (Part I)

To provide low-income housing to intellectually disabled citizens.

  • To provide low cost housing to intellectually disabled citizens under section 202 of the National Housing Act, as amended and regulated by HUD.

    Expenses $209,423

As filed on the 2022 return.

Listed in Part VII

  • Wayne Dutt

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Stephanie Hunt

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Jack Knight

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Bob Kracke

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • John Norman

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Chris Stewart

    Director

    Total calculated
    $0
    Hours/week
    1

  • Robert Regulus

    President

    Total calculated
    $0
    Hours/week
    0.5

  • Brooks Greene

    Chief Financial Officer

    Total calculated
    $0
    Hours/week
    2

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
25 July 2024
IRS schema version
2022v5.0
Source object
202402129349300335

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.