Form 990 for tax year 2023

1f · All other contributions, gifts and grants

$1,718

2a · Program service revenue: TENANT RENTAL REVENUE

total $482,332 · related or exempt $482,332

3 · Investment income

total $954 · excluded $954

11a · Other revenue: LAUNDRY & VENDING

total $3,287 · related or exempt $3,287

11b · Other revenue: MISCELLANEOUS REVENUE

total $8 · related or exempt $8

11e · Other revenue, total

$3,295

7 · Other salaries and wages

total $56,991 · program services $45,039 · management and general $11,952

8 · Pension plan contributions

total $557 · program services $429 · management and general $128

9 · Other employee benefits

total $8,395 · program services $6,464 · management and general $1,931

10 · Payroll taxes

total $4,191 · program services $3,227 · management and general $964

11a · Fees: management

total $23,100 · management and general $23,100

11b · Fees: legal

total $11,975 · program services $11,975

11c · Fees: accounting

total $24,600 · program services $18,942 · management and general $5,658

13 · Office expenses

total $10,324 · program services $8,104 · management and general $2,220

16 · Occupancy

total $210,439 · program services $165,265 · management and general $45,174

19 · Conferences, conventions and meetings

total $3,819 · program services $2,941 · management and general $878

22 · Depreciation, depletion and amortization

total $27,268 · program services $27,268

23 · Insurance

total $38,647 · program services $29,758 · management and general $8,889

24a · Other expenses: REPAIRS AND MAINTENANCE

total $64,278 · program services $64,278

24b · Other expenses: ELDERLY CARE

total $2,924 · program services $2,924

24c · Other expenses: CREDIT LOSS EXPENSE

total $1,383 · management and general $1,383

1 · Cash, non-interest-bearing

beginning of year $26,294 · end of year $694

2 · Savings and temporary cash investments

beginning of year $22,025 · end of year $21,557

4 · Accounts receivable

beginning of year $1,614 · end of year $76,202

9 · Prepaid expenses and deferred charges

beginning of year $31,445 · end of year $31,479

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

$4,436,798

10b · Land, buildings and equipment: accumulated depreciation

$4,094,230

10c · Land, buildings and equipment, net

beginning of year $357,301 · end of year $342,568

15 · Other assets

beginning of year $413,441 · end of year $411,762

17 · Accounts payable and accrued expenses

beginning of year $68,655 · end of year $101,210

25 · Other liabilities

beginning of year $19,290 · end of year $19,469

29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0

30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $4,097,000 · end of year $4,097,000

31 · Retained earnings, endowment or other funds

beginning of year -$3,332,825 · end of year -$3,333,417