Form 990 for tax year 2023

3 · Investment income

total $1,965,974 · excluded $1,965,974

5 · Royalties

total $7,296 · excluded $7,296

6a · Gross rents

real property $3,541,698

6b · Less rental expenses

real property $624,666

6c · Rental income or loss

real property $2,917,032

6d · Net rental income or loss

total $2,917,032 · excluded $2,917,032

7a · Gross sales of assets other than inventory

securities $2,202,294 · other assets $2,319,601

7b · Less cost or other basis and sales expenses

securities $690,125 · other assets $1,349,401

7c · Gain or loss

securities $1,512,169 · other assets $970,200

7d · Net gain or loss

total $2,482,369 · excluded $2,482,369

1 · Grants to domestic organizations and governments

total $3,860,000 · program services $3,860,000

5 · Compensation of officers, directors and key employees

total $303,370 · management and general $303,370

7 · Other salaries and wages

total $122,735 · management and general $122,735

8 · Pension plan contributions

total $44,798 · management and general $44,798

9 · Other employee benefits

total $83,845 · management and general $83,845

10 · Payroll taxes

total $24,479 · management and general $24,479

11c · Fees: accounting

total $32,557 · management and general $32,557

11f · Fees: investment management

total $309,174 · management and general $309,174

11g · Fees: other

total $64,118 · management and general $64,118

13 · Office expenses

total $42,748 · management and general $42,748

17 · Travel

total $15,862 · management and general $15,862

19 · Conferences, conventions and meetings

total $11,820 · management and general $11,820

22 · Depreciation, depletion and amortization

total $2,287 · management and general $2,287

23 · Insurance

total $47,243 · management and general $47,243

24a · Other expenses: INVESTMENT PROPERTY DEPR

total $275,200 · program services $275,200

24b · Other expenses: BANK AND LOAN FEES

total $3,349 · management and general $3,349

24c · Other expenses: DUES AND SUBSCRIPTIONS

total $2,186 · management and general $2,186

24d · Other expenses: CONTRIBUTIONS

total $200 · management and general $200

1 · Cash, non-interest-bearing

beginning of year $177,573 · end of year $815,903

4 · Accounts receivable

beginning of year $44,438 · end of year $34,790

9 · Prepaid expenses and deferred charges

beginning of year $42,647 · end of year $57,604

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

$51,331,393

10b · Land, buildings and equipment: accumulated depreciation

$5,301,365

10c · Land, buildings and equipment, net

beginning of year $45,116,902 · end of year $46,030,028

11 · Investments: publicly traded securities

beginning of year $52,181,483 · end of year $58,111,569

12 · Investments: other securities

beginning of year $9,025,738 · end of year $9,913,071

14 · Intangible assets

beginning of year $128,183 · end of year $71,534

17 · Accounts payable and accrued expenses

beginning of year $630,681 · end of year $604,158

18 · Grants payable

beginning of year $3,750,000 · end of year $3,860,000

23 · Secured mortgages and notes payable

beginning of year $1,352,919 · end of year $1,179,792

25 · Other liabilities

beginning of year $93,766 · end of year $93,766

27 · Net assets without donor restrictions

beginning of year $100,889,598 · end of year $109,296,783