Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RENTAL INCOME

  total $32,962 · related or exempt $32,962

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $43,740 · management and general $43,740

• 7 · Other salaries and wages

  total $40,559 · program services $40,559

• 9 · Other employee benefits

  total $25,048 · program services $25,048

• 10 · Payroll taxes

  total $13,207 · program services $10,236 · management and general $2,971

• 11g · Fees: other

  total $13,496 · program services $13,496

• 13 · Office expenses

  total $41 · program services $41

• 16 · Occupancy

  total $459 · program services $459

• 22 · Depreciation, depletion and amortization

  total $82,479 · program services $82,479

• 23 · Insurance

  total $11,600 · program services $11,600

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $17,772 · end of year $40,161

• 4 · Accounts receivable

  beginning of year $2,373 · end of year $1,356

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

  $3,159,609

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

  $777,710

• 10c · Land, buildings and equipment, net

  beginning of year $2,435,375 · end of year $2,381,899

• 14 · Intangible assets

  beginning of year $490 · end of year $490

• 17 · Accounts payable and accrued expenses

  beginning of year $34,829 · end of year $34,829

• 25 · Other liabilities

  beginning of year $1,736,859 · end of year $1,902,422

• 27 · Net assets without donor restrictions

  beginning of year $684,322 · end of year $486,655

The filer's explanations (Part III)

PART I, LINE 3

EXECUTIVE DIRECTOR COMPENSATION IS PAID BY THE RELATED ENTITY NORRIS SQUARE COMMUNITY ALLIANCE AND IS ESTABLISHED WITH APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE.