Form 990 for tax year 2022
Filed by LUTHERAN NONPROFIT HOUSING COPRPORATION-CALVARY.
Totals
- Total revenue
- $349,034
- Total expenses
- $566,584
- Contributions and grants received
- $150
- Grants paid
- $0
- Program service revenue
- $347,531
- Investment income
- $1,353
- Other revenue
- $0
- Total assets, end of year
- $1,825,757
- Total liabilities, end of year
- $5,438,000
- Net assets or fund balances, end of year
- -$3,612,243
- Program services expenses (Part IX)
- $454,036
- Management and general expenses
- $112,548
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $454,036
Program services were 80.1% 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
$150
-
2a · Program service revenue: RESIDENT RENT
total $341,963 · related or exempt $341,963
-
2b · Program service revenue: LAUNDRY & VENDING
total $2,908 · related or exempt $2,908
-
2c · Program service revenue: OTHER TENANT CHARGES
total $1,477 · related or exempt $1,477
-
2d · Program service revenue: SPECIAL CLAIMS REVENUE
total $1,183 · related or exempt $1,183
-
3 · Investment income
total $1,353 · excluded $1,353
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $51,806 · management and general $51,806
-
8 · Pension plan contributions
total $693 · program services $693
-
9 · Other employee benefits
total $13,423 · program services $13,423
-
10 · Payroll taxes
total $3,653 · program services $3,653
-
11a · Fees: management
total $25,392 · management and general $25,392
-
11c · Fees: accounting
total $13,452 · management and general $13,452
-
12 · Advertising and promotion
total $36 · management and general $36
-
13 · Office expenses
total $43,219 · program services $27,035 · management and general $16,184
-
16 · Occupancy
total $182,532 · program services $182,532
-
17 · Travel
total $427 · management and general $427
-
19 · Conferences, conventions and meetings
total $1,607 · management and general $1,607
-
22 · Depreciation, depletion and amortization
total $213,502 · program services $213,502
-
23 · Insurance
total $13,198 · program services $13,198
-
24a · Other expenses: OTHER RENTING EXPENSES
total $1,499 · management and general $1,499
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $971 · management and general $971
-
24c · Other expenses: RECREATION & CRAFT
total $898 · management and general $898
-
24d · Other expenses: MISCELLANEOUS EXPENSES
total $276 · management and general $276
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $35,919 · end of year $30,071
-
4 · Accounts receivable
beginning of year $600 · end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $1,451
-
10a · Land, buildings and equipment: cost or other basis
$5,272,387
-
10b · Land, buildings and equipment: accumulated depreciation
$3,847,951
-
10c · Land, buildings and equipment, net
beginning of year $1,637,938 · end of year $1,424,436
-
15 · Other assets
beginning of year $355,223 · end of year $369,799
-
17 · Accounts payable and accrued expenses
beginning of year $8,121 · end of year $21,386
-
23 · Secured mortgages and notes payable
beginning of year $5,404,191 · end of year $5,404,191
-
25 · Other liabilities
beginning of year $12,061 · end of year $12,423
-
27 · Net assets without donor restrictions
beginning of year -$3,400,143 · end of year -$3,612,243
-
28 · Net assets with donor restrictions
beginning of year $5,450 · end of year $0
Mission and programs · 2022
Mission
THE ORGANIZATION OPERATES A 46-UNIT APARTMENT COMPLEX, SUBSIDIZED BY HUD, THAT PROVIDES ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS.
Activities or mission (Part I)
PROVIDE ELDERLY PERSONS HOUSING FACILITIES & SERVICES DESIGNED TO MEET THEIR NEEDS.
-
PROVIDED ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND PROMOTE THEIR HEALTH, SECURITY, AND HAPPINESS THROUGH LONGER LIVING. CHARGES FOR SUCH FACILITIES AND SERVICES ARE BASED ON A BREAKEVEN BASIS. THE PROJECT IS A 46-UNIT APARTMENT COMPLEX.
Expenses $454,036 · Revenue $347,531
As filed on the 2022 return.
Listed in Part VII
-
LINDA DUNHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARGY HUIZINGA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HARRY KALOGERAKOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KENNETH STEKETEE
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
VINCENT ROMANO
PRESIDENT
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312579349302401
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