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← CAPITAL CITY HOUSING FOUNDATION INC

Form 990 for tax year 2023

Filed by CAPITAL CITY HOUSING FOUNDATION INC.

Totals

Total revenue
$380,622
Total expenses
$393,262
Contributions and grants received
$20,166
Grants paid
$0
Program service revenue
$356,937
Investment income
$589
Other revenue
$2,930
Total assets, end of year
$1,380,878
Total liabilities, end of year
$1,123,800
Net assets or fund balances, end of year
$257,078
Program services expenses (Part IX)
$365,860
Management and general expenses
$27,402
Fundraising expenses
$0
Program service expenses (Part III)
$365,860

Program services were 93.0% 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

    $20,166

  • 2a · Program service revenue: HOUSING PROGRAM

    total $350,937 · related or exempt $350,937

  • 2b · Program service revenue: ADMINISTRATIVE FEE INCOME

    total $6,000 · related or exempt $6,000

  • 3 · Investment income

    total $589 · excluded $589

  • 11a · Other revenue: MISCELLANEOUS

    total $2,930 · related or exempt $2,930

  • 11e · Other revenue, total

    $2,930

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $3,018 · program services $3,018

  • 11c · Fees: accounting

    total $11,500 · management and general $11,500

  • 16 · Occupancy

    total $190,296 · program services $190,296

  • 20 · Interest

    total $98,023 · program services $98,023

  • 22 · Depreciation, depletion and amortization

    total $34,609 · program services $34,609

  • 23 · Insurance

    total $18,961 · program services $18,961

  • 24a · Other expenses: MANAGEMENT FEES

    total $15,902 · management and general $15,902

  • 24b · Other expenses: FOOD

    total $15,661 · program services $15,661

  • 24c · Other expenses: KITCHEN SUPPLIES

    total $3,130 · program services $3,130

  • 24d · Other expenses: MISCELLANEOUS

    total $2,162 · program services $2,162

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $154,466 · end of year $154,770

  • 2 · Savings and temporary cash investments

    beginning of year $139,398 · end of year $128,694

  • 4 · Accounts receivable

    beginning of year $8,718 · end of year $9,246

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,103 · end of year $7,267

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

    $1,211,390

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

    $396,239

  • 10c · Land, buildings and equipment, net

    beginning of year $845,240 · end of year $815,151

  • 11 · Investments: publicly traded securities

    beginning of year $265,750 · end of year $265,750

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,830 · end of year $15,625

  • 23 · Secured mortgages and notes payable

    beginning of year $1,134,127 · end of year $1,108,175

  • 27 · Net assets without donor restrictions

    beginning of year $269,718 · end of year $257,078

Mission and programs · 2023

Mission

AFFORDABLE HOUSING

  • HEATON WOODS - SENIOR MEALS PROGRAM

    Expenses $20,135 · Revenue $6,000

  • PROSPECT STREET - AFFORDABLE RESIDENTIAL HOUSING FOR THE ELDERLY LOCATED IN MONTPELIER, VT.

    Expenses $345,725 · Revenue $350,937

As filed on the 2023 return.

Listed in Part VII

  • Katherine Stevens-Favorite

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Eric Schultheis

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jo Ann Troiano

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Edward Larson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Hannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cristine Zern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

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

  • CAPITAL CITY FAMILY HOUSING LTD PTR

    RELATED · HOUSING · VT · 6% owned · share of income -$3 · general or managing partner

  • 58 BARRE ST HOUSING LTD PARTNERSHIP

    RELATED · HOUSING · VT · 5% owned · share of income -$3 · general or managing partner

Provenance

Return type
form_990
Tax year
2023
Filed
21 August 2024
IRS schema version
2023v5.0
Source object
202442359349301714

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