Form 990 for tax year 2022
Filed by SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF SULLIVAN COUNTY INC.
Totals
- Total revenue
- $194,058
- Total expenses
- $265,291
- Contributions and grants received
- $99,200
- Grants paid
- $0
- Program service revenue
- $92,325
- Investment income
- $14
- Other revenue
- $2,519
- Total assets, end of year
- $571,039
- Total liabilities, end of year
- $1,552,972
- Net assets or fund balances, end of year
- -$981,933
- Program services expenses (Part IX)
- $206,593
- Management and general expenses
- $58,698
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $206,593
Program services were 77.9% 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
$99,200
-
2a · Program service revenue: RENT REVENUE
total $92,325 · related or exempt $92,325
-
3 · Investment income
total $14 · related or exempt $14
-
11a · Other revenue: LAUNDRY AND VENDING
total $1,270 · related or exempt $1,270
-
11b · Other revenue: TENANT CHARGES
total $1,234 · related or exempt $1,234
-
11c · Other revenue: MISCELLANEOUS REVENUE
total $15 · related or exempt $15
-
11e · Other revenue, total
$2,519
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $44,999 · management and general $44,999
-
11c · Fees: accounting
total $9,350 · management and general $9,350
-
12 · Advertising and promotion
total $38 · management and general $38
-
13 · Office expenses
total $3,186 · management and general $3,186
-
16 · Occupancy
total $34,444 · program services $34,444
-
17 · Travel
total $461 · management and general $461
-
22 · Depreciation, depletion and amortization
total $76,149 · program services $76,149
-
23 · Insurance
total $7,926 · program services $7,926
-
24a · Other expenses: CONTRACTS - OPER & MAIN
total $54,757 · program services $54,757
-
24b · Other expenses: REAL ESTATE TAXES
total $12,291 · program services $12,291
-
24c · Other expenses: TRASH
total $5,705 · program services $5,705
-
24d · Other expenses: SNOW PLOWING
total $5,003 · program services $5,003
-
24e · All other expenses
total $10,982 · program services $10,318 · management and general $664
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,969 · end of year $3,801
-
4 · Accounts receivable
beginning of year $533 · end of year $1,120
-
9 · Prepaid expenses and deferred charges
beginning of year $10,138 · end of year $11,320
-
10a · Land, buildings and equipment: cost or other basis
$1,906,721
-
10b · Land, buildings and equipment: accumulated depreciation
$1,455,194
-
10c · Land, buildings and equipment, net
beginning of year $521,355 · end of year $451,527
-
15 · Other assets
beginning of year $110,950 · end of year $103,271
-
17 · Accounts payable and accrued expenses
beginning of year $17,959 · end of year $10,717
-
19 · Deferred revenue
beginning of year $1,796 · end of year $1,487
-
23 · Secured mortgages and notes payable
beginning of year $1,536,969 · end of year $1,534,469
-
25 · Other liabilities
beginning of year $5,921 · end of year $6,299
-
27 · Net assets without donor restrictions
beginning of year -$1,100,700 · end of year -$1,171,933
-
28 · Net assets with donor restrictions
beginning of year $190,000 · end of year $190,000
Mission and programs · 2022
Mission
TO PROVIDE AFFORDABLE SENIOR HOUSING IN THE CHARLESTOWN, NH AREA.
Activities or mission (Part I)
SENIOR HOUSING
-
THE PROJECT IS A 20 UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN CHARLESTOWN, NH. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT'S MAJOR PROGRAM IS SECTION 202 CAPITAL ADVANCE AND RENTAL ASSISTANCE. A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.
Expenses $206,593 · Revenue $94,858
As filed on the 2022 return.
Listed in Part VII
-
Beth DanielsBETH DANIELS
PRESIDENT
- Total calculated
- $139,316
- From this org
- $0
- From related orgs
- $117,571
- Other
- $21,745
- Hours/week
- 4
-
Kevin WattersonKEVIN WATTERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Margaret FreemanMARGARET FREEMAN
TREASURER
- Total calculated
- $139,402
- From this org
- $0
- From related orgs
- $107,633
- Other
- $31,769
- Hours/week
- 0.5
-
Keith ThibaultKEITH THIBAULT
SECRETARY
- Total calculated
- $134,419
- From this org
- $0
- From related orgs
- $97,061
- Other
- $37,358
- Hours/week
- 0.5
-
David EdkinsDAVID EDKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SOUTHWESTERN COMMUNITY SERVICES INC
501(C)(3) · MANAGING AGENT FOR CHARLESTOWN SENIOR. · NH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 February 2023
- IRS schema version
- 2022v4.1
- Source object
- 202300469349300415
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