Form 990 for tax year 2023
Filed by Coalition for Housing Opportunities Inc.
Totals
- Total revenue
- $1,354,813
- Total expenses
- $1,583,263
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,239,430
- Investment income
- $12,731
- Other revenue
- $102,652
- Total assets, end of year
- $1,435,984
- Total liabilities, end of year
- $2,331,478
- Net assets or fund balances, end of year
- -$895,494
- Program services expenses (Part IX)
- $1,546,136
- Management and general expenses
- $37,127
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,546,136
Program services were 97.7% 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.
-
2a · Program service revenue: Rental Income
total $1,227,430 · related or exempt $1,227,430
-
2b · Program service revenue: Assessment/Evaluation
total $12,000 · related or exempt $12,000
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $12,731 · excluded $12,731
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11a · Other revenue: Insurance Proceeds
total $102,652 · related or exempt $102,652
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$102,652
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $857,715 · program services $857,715
-
10 · Payroll taxes
total $78,090 · program services $78,090
-
11a · Fees: management
total $68,551 · program services $34,276 · management and general $34,275
-
11c · Fees: accounting
total $2,852 · management and general $2,852
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $33,608 · program services $33,608
-
17 · Travel
total $4,653 · program services $4,653
-
20 · Interest
total $87,000 · program services $87,000
-
22 · Depreciation, depletion and amortization
total $90,173 · program services $90,173
-
23 · Insurance
total $71,285 · program services $71,285
-
24a · Other expenses: Office Supplies
total $69,158 · program services $69,158
-
24b · Other expenses: Dietary
total $52,837 · program services $52,837
-
24c · Other expenses: Repairs and Maintenance
total $48,993 · program services $48,993
-
24d · Other expenses: Utilities
total $44,008 · program services $44,008
-
24e · All other expenses
total $74,340 · program services $74,340 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $166,204 · end of year $53,827
-
2 · Savings and temporary cash investments
beginning of year $2,872 · end of year $2,838
-
4 · Accounts receivable
beginning of year $40,533 · end of year $58,097
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,072 · end of year $1,072
-
10a · Land, buildings and equipment: cost or other basis
$2,114,069
-
10b · Land, buildings and equipment: accumulated depreciation
$794,105
-
10c · Land, buildings and equipment, net
beginning of year $1,347,464 · end of year $1,319,964
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $186 · end of year $186
-
17 · Accounts payable and accrued expenses
beginning of year $260,973 · end of year $247,815
-
19 · Deferred revenue
beginning of year $366 · end of year $366
-
22 · Loans and payables to officers and key people
end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $1,450,000 · end of year $1,450,000
-
25 · Other liabilities
beginning of year $514,036 · end of year $633,297
-
31 · Retained earnings, endowment or other funds
beginning of year -$667,044 · end of year -$895,494
Mission and programs · 2023
Mission
THE ORGANIZATION WAS ORGANIZED AND IS OPERATED EXCLUSIVELY AS A CHARITABLE ORGANIZATION TO ACQUIRE AND OPERATE A 20 BED ALZHEIMER FACILITY
Activities or mission (Part I)
THE ORGANIZATION WAS ORGANIZED AND IS OPERATED EXCLUSIVELY AS A CHARITABLE ORGANIZATION TO AQUIRE AND OPERATE A 20 BED ALZHEIMER FACILITY.
-
20 BED FACILITY FOR ALZHEIMERS PATIENTS.
Expenses $1,546,136 · Revenue $1,342,082
As filed on the 2023 return.
Listed in Part VII
-
Clare R Dove
Secretary
- Total calculated
- $0
- Hours/week
- 7 + 14 related
-
Wilbur G Dove
President
- Total calculated
- $0
- Hours/week
- 7 + 14 related
-
John Sower
Director
- Total calculated
- $0
- Hours/week
- 7 + 14 related
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.
-
AFFORDABLE HOUSING CORPORATION
501(c)(3) · Low Income Housing · VA
Directly controlled by NA
-
NATIONAL HOUSING AND HEALTHCARE TRUST
501(c)(3) · Low Income Housing · VA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443469349300019
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