Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $407,854

• 1g · Noncash contributions included above

  $407,854

• 2a · Program service revenue: TENANT RENT

  total $5,213,816 · related or exempt $5,213,816

• 2b · Program service revenue: LAUNDRY

  total $13,470 · related or exempt $13,470

• 2c · Program service revenue: MISCELLANEOUS INCOME

  total $4,132 · related or exempt $4,132

• 3 · Investment income

  total $37,318 · excluded $37,318

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,850,561 · program services $1,850,561

• 2 · Grants to domestic individuals

  total $407,854 · program services $407,854

• 5 · Compensation of officers, directors and key employees

  total $26,496 · management and general $26,496

• 7 · Other salaries and wages

  total $684,642 · program services $393,148 · management and general $291,494

• 9 · Other employee benefits

  total $127,213 · program services $73,050 · management and general $54,163

• 10 · Payroll taxes

  total $55,878 · program services $32,087 · management and general $23,791

• 11a · Fees: management

  total $124,740 · program services $124,740

• 11c · Fees: accounting

  total $20,915 · management and general $20,915

• 11g · Fees: other

  total $4,742 · management and general $4,742

• 12 · Advertising and promotion

  total $893 · management and general $893

• 13 · Office expenses

  total $154,764 · management and general $154,764

• 20 · Interest

  total $113,076 · program services $113,076

• 22 · Depreciation, depletion and amortization

  total $360,223 · program services $360,223

• 23 · Insurance

  total $123,320 · program services $123,320

• 24a · Other expenses: RESIDENT SERVICES

  total $491,673 · program services $491,673

• 24b · Other expenses: UTILITIES

  total $404,479 · program services $404,479

• 24c · Other expenses: OPERATING & MAINTENANCE

  total $388,104 · program services $388,104

• 24d · Other expenses: ADMINISTRATIVE FREE UNI

  total $32,592 · program services $32,592

• 24e · All other expenses

  total $56,220 · program services $25,564 · management and general $30,656

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,035,489 · end of year $1,839,355

• 2 · Savings and temporary cash investments

  end of year $1,368,408

• 4 · Accounts receivable

  beginning of year $2,419 · end of year $33,365

• 9 · Prepaid expenses and deferred charges

  beginning of year $74,316 · end of year $95,812

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

  $18,318,927

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

  $11,439,436

• 10c · Land, buildings and equipment, net

  beginning of year $7,205,989 · end of year $6,879,491

• 15 · Other assets

  beginning of year $1,047,152 · end of year $2,626,957

• 17 · Accounts payable and accrued expenses

  beginning of year $156,571 · end of year $421,677

• 19 · Deferred revenue

  beginning of year $20,670 · end of year $1,703

• 23 · Secured mortgages and notes payable

  beginning of year $3,369,975 · end of year $5,274,983

• 25 · Other liabilities

  beginning of year $70,286 · end of year $122,461

• 27 · Net assets without donor restrictions

  beginning of year $6,747,863 · end of year $7,022,564

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PROVIDES A TERRACE ROOM LOCATED AT THE MENDELSOHN HOUSE APARTMENTS FOR THE PRESIDENT'S PERSONAL USE AS REQUIRED FOR HIS "ON CALL" RESPONSIBILITIES.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• KNOX SRO LLC

  LOW INCOME HOUSING · CA · income -$1,820 · assets $0

  Directly controlled by TODCOYBC 3

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• KNOX PARTNERS 2 LP

  RELATED · LOW INCOME HOUSING · CA · 0.01% owned · share of income -$812 · general or managing partner

  Directly controlled by TODCOYBC 3