Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $20,865

• 1e · Government grants (contributions)

  $708,782

• 2a · Program service revenue: RENTAL INCOME

  total $179,427 · related or exempt $179,427

• 3 · Investment income

  total $303 · excluded $303

• 11a · Other revenue: OTHER TENANT CHARGES

  total $27,983 · excluded $27,983

• 11b · Other revenue: LAUNDRY AND VENDING

  total $11,734 · excluded $11,734

• 11e · Other revenue, total

  $39,717

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $71,832 · program services $71,832

• 7 · Other salaries and wages

  total $263,540 · program services $263,540

• 8 · Pension plan contributions

  total $6,561 · program services $6,561

• 9 · Other employee benefits

  total $19,309 · program services $19,309

• 10 · Payroll taxes

  total $31,260 · program services $31,260

• 11c · Fees: accounting

  total $15,750 · management and general $15,750

• 11g · Fees: other

  total $16,508 · program services $16,508

• 12 · Advertising and promotion

  total $3,488 · management and general $3,488

• 13 · Office expenses

  total $10,834 · management and general $10,834

• 16 · Occupancy

  total $183,188 · program services $183,188

• 17 · Travel

  total $1,092 · program services $1,092

• 22 · Depreciation, depletion and amortization

  total $172,071 · program services $172,071

• 23 · Insurance

  total $578 · program services $578

• 24a · Other expenses: REPAIRS AND MAINTENANCE

  total $170,651 · program services $170,651

• 24b · Other expenses: MISC. PROGRAM EXPENSES

  total $140,253 · program services $140,253

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $207,192 · end of year $33,201

• 2 · Savings and temporary cash investments

  beginning of year $737,376 · end of year $792,341

• 3 · Pledges and grants receivable

  beginning of year $12,023 · end of year $19,171

• 4 · Accounts receivable

  beginning of year $176 · end of year $1,117

• 9 · Prepaid expenses and deferred charges

  beginning of year $86,029 · end of year $219,513

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

  $4,735,941

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

  $4,023,155

• 10c · Land, buildings and equipment, net

  beginning of year $846,593 · end of year $712,786

• 15 · Other assets

  beginning of year $26,859 · end of year $26,089

• 17 · Accounts payable and accrued expenses

  beginning of year $58,722 · end of year $164,721

• 19 · Deferred revenue

  beginning of year $5,708 · end of year $7,846

• 21 · Escrow or custodial account liability

  beginning of year $25,670 · end of year $25,360

• 23 · Secured mortgages and notes payable

  beginning of year $2,035,300 · end of year $1,973,264

• 27 · Net assets without donor restrictions

  beginning of year -$209,152 · end of year -$366,973

The filer's explanations (Part III)

PART I, LINE 7

INDIVIDUALS RECEIVED PERFORMANCE BONUS, WHICH WAS APPROVED BY THE BOARD OF DIRECTORS.