Form 990 for tax year 2024
Filed by HIGHLAND AFFORDABLE HOUSING INC.
Totals
- Total revenue
- $77,789
- Total expenses
- $117,581
- Contributions and grants received
- $6,399
- Grants paid
- $0
- Program service revenue
- $70,583
- Investment income
- $807
- Other revenue
- $0
- Total assets, end of year
- $723,818
- Total liabilities, end of year
- $163,143
- Net assets or fund balances, end of year
- $560,675
- Program services expenses (Part IX)
- $117,581
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $117,581
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$6,399
-
2a · Program service revenue: PROGRAM SERVICE REVENU
total $70,583 · related or exempt $70,583
-
3 · Investment income
total $807 · excluded $807
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $31,273 · program services $31,273
-
11c · Fees: accounting
total $2,572 · program services $2,572
-
13 · Office expenses
total $4,727 · program services $4,727
-
16 · Occupancy
total $24,892 · program services $24,892
-
17 · Travel
total $376 · program services $376
-
20 · Interest
total $4,539 · program services $4,539
-
22 · Depreciation, depletion and amortization
total $36,114 · program services $36,114
-
23 · Insurance
total $12,868 · program services $12,868
-
24a · Other expenses: REAL ESTATE TAXES
total $152 · program services $152
-
24b · Other expenses: LICENSES & FEES
total $68 · program services $68
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $82,787 · end of year $84,066
-
4 · Accounts receivable
beginning of year $1,568 · end of year $1,323
-
9 · Prepaid expenses and deferred charges
beginning of year $11,147 · end of year $11,152
-
10a · Land, buildings and equipment: cost or other basis
$1,193,132
-
10b · Land, buildings and equipment: accumulated depreciation
$565,855
-
10c · Land, buildings and equipment, net
beginning of year $663,391 · end of year $627,277
-
17 · Accounts payable and accrued expenses
beginning of year $11,815 · end of year $18,041
-
21 · Escrow or custodial account liability
beginning of year $2,849 · end of year $4,058
-
23 · Secured mortgages and notes payable
beginning of year $143,762 · end of year $141,044
-
27 · Net assets without donor restrictions
beginning of year $600,467 · end of year $560,675
Mission and programs · 2024
Mission
TO PROVIDE AFFORDABLE HOUSING IN THE TOWN OF TRURO MASS 02666
Activities or mission (Part I)
TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING IN THE TOWN OF TRURO MASS 02666.
-
REVENUE FROM RENTAL OF AFFORDABLE HOUSING UNITS IN THE TOWN OF TRURO MASS 02666.
Expenses $117,581 · Revenue $70,583
-
CHARITABLE & EDUCATIONAL
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kathleen HenryKATHLEEN HENRY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Annette CyrANNETTE CYR
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Carl BrotmanCARL BROTMAN
CLERK
- Total calculated
- $0
- Hours/week
- 3
-
Susan ToddSUSAN TODD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Christopher VasquezCHRISTOPHER VASQUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Adrian CyrADRIAN CYR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Jane LeaJANE LEA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Devorah LandaDEVORAH LANDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Katherine BlackKATHERINE BLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202610219349301001
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