Skip to content
Nonprofiteer
← KIMIWA INC

Form 990 for tax year 2022

Filed by KIMIWA INC.

Totals

Total revenue
$3,317,489
Total expenses
$154,524
Contributions and grants received
$0
Grants paid
$150,000
Program service revenue
$0
Investment income
$3,317,489
Other revenue
$0
Total assets, end of year
$3,457,408
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,457,408
Program services expenses (Part IX)
$154,524
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$154,524

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.

  • 7a · Gross sales of assets other than inventory

    other assets $3,870,875

  • 7b · Less cost or other basis and sales expenses

    other assets $553,386

  • 7c · Gain or loss

    other assets $3,317,489

  • 7d · Net gain or loss

    total $3,317,489 · related or exempt $3,317,489

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $150,000 · program services $150,000

  • 13 · Office expenses

    total $1,617 · program services $1,617

  • 23 · Insurance

    total $2,486 · program services $2,486

  • 24a · Other expenses: MISC. ADMIN. EXPENSES

    total $421 · program services $421

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $60,331 · end of year $3,457,408

  • 2 · Savings and temporary cash investments

    beginning of year $166,183

  • 4 · Accounts receivable

    beginning of year $614

  • 9 · Prepaid expenses and deferred charges

    beginning of year $25,845

  • 10c · Land, buildings and equipment, net

    beginning of year $324,498

  • 15 · Other assets

    beginning of year $11,696

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,535

  • 19 · Deferred revenue

    beginning of year $2,424

  • 23 · Secured mortgages and notes payable

    beginning of year $255,432

  • 25 · Other liabilities

    beginning of year $16,333

  • 27 · Net assets without donor restrictions

    beginning of year $294,443 · end of year $3,457,408

Mission and programs · 2022

Mission

SUMMER RUN'S AFFORDABLE RETIREMENT LIVING COMPLEX OFFERS QUALITY SENIOR LIVING TO SENIORS 62 YEARS AND OLDER. PROPERTY SOLD 2022.

Activities or mission (Part I)

PROVIDE HOUSING FOR ELDERLY PERSONS PROPERTY SOLD 2022

  • PROVIDE HOUSING FOR ELDERLY PERSONS AND THEIR FAMILIES IN ACCORDANCE WITH SECTION 202 OF THE HOUSING ACT OF 1959 AND ANY AMENDMENTS THERETO, BENEFITING APPROXIMATELY 50 INDIVIDUALS AND FAMILIES. PROPERTY SOLD 2022.

    Expenses $154,524 · Grants $150,000

As filed on the 2022 return.

Listed in Part VII

  • RON FONTANA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TERESA MONTANA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KAREN MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MATTHEW SMITH

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • GREG FRANKS

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    1

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

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2022
Filed
21 December 2023
IRS schema version
2022v5.0
Source object
202323559349300317

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.