Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $514,140

• 1f · All other contributions, gifts and grants

  $4,043

• 2a · Program service revenue: TENANT RENT & CHARGES

  total $282,291 · related or exempt $282,291

• 3 · Investment income

  total $419 · excluded $419

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $20,309 · excluded $20,309

• 11b · Other revenue: LAUNDRY & VENDING

  total $1,412 · excluded $1,412

• 11e · Other revenue, total

  $21,721

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $145,669 · program services $37,398 · management and general $108,271

• 9 · Other employee benefits

  total $34,535 · program services $34,535

• 10 · Payroll taxes

  total $10,401 · program services $10,401

• 11a · Fees: management

  total $40,140 · management and general $40,140

• 11b · Fees: legal

  total $3,611 · management and general $3,611

• 11c · Fees: accounting

  total $5,200 · management and general $5,200

• 13 · Office expenses

  total $22,064 · management and general $22,064

• 16 · Occupancy

  total $374,391 · program services $374,016 · management and general $375

• 19 · Conferences, conventions and meetings

  total $837 · management and general $837

• 20 · Interest

  total $17,700 · program services $17,700

• 22 · Depreciation, depletion and amortization

  total $96,226 · program services $96,226

• 23 · Insurance

  total $20,460 · program services $20,460

• 24a · Other expenses: MISC FINANCIAL EXPENSE

  total $10,019 · program services $10,019

• 24b · Other expenses: BAD DEBT

  total $6,524 · management and general $6,524

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $21,302 · end of year $46,994

• 2 · Savings and temporary cash investments

  beginning of year $511,647 · end of year $493,174

• 4 · Accounts receivable

  beginning of year $127,336 · end of year $91,825

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $414

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

  $4,856,230

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

  $3,738,452

• 10c · Land, buildings and equipment, net

  beginning of year $1,214,004 · end of year $1,117,778

• 15 · Other assets

  beginning of year $19,695 · end of year $23,561

• 17 · Accounts payable and accrued expenses

  beginning of year $35,157 · end of year $79,319

• 23 · Secured mortgages and notes payable

  beginning of year $383,827 · end of year $163,060

• 25 · Other liabilities

  beginning of year $1,088,124 · end of year $1,109,654

• 27 · Net assets without donor restrictions

  beginning of year $386,876 · end of year $421,713

The filer's explanations (Part III)

PART III

THE OFFICERS RECEIVED SALARY AND BENEFITS FROM THE SALVATION ARMY, A RELATED ORGANIZATION