Skip to content
Nonprofiteer
← MOUNT ST MARYS HOUSING DEVELOPMENT FUND COMPANY INC

Form 990 for tax year 2022

Filed by MOUNT ST MARYS HOUSING DEVELOPMENT FUND COMPANY INC.

Totals

Total revenue
$329,419
Total expenses
$394,353
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$319,618
Investment income
$108
Other revenue
$9,693
Total assets, end of year
$3,246,599
Total liabilities, end of year
$629,475
Net assets or fund balances, end of year
$2,617,124
Program services expenses (Part IX)
$286,916
Management and general expenses
$107,437
Fundraising expenses
$0
Program service expenses (Part III)
$286,916

Program services were 72.8% 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: COMMERCIAL RENT

    total $115,223 · related or exempt $115,223

  • 2b · Program service revenue: RENTAL INCOME

    total $108,266 · related or exempt $108,266

  • 2c · Program service revenue: TENANT ASSISTANCE PAYM

    total $96,129 · related or exempt $96,129

  • 3 · Investment income

    total $108 · excluded $108

  • 11a · Other revenue: MISCELLANEOUS

    total $7,446 · excluded $7,446

  • 11b · Other revenue: LAUNDRY & VENDING REVE

    total $2,033 · excluded $2,033

  • 11c · Other revenue: TENANT CHARGES

    total $214 · excluded $214

  • 11e · Other revenue, total

    $9,693

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $56,253 · program services $31,268 · management and general $24,985

  • 9 · Other employee benefits

    total $16,916 · program services $7,385 · management and general $9,531

  • 10 · Payroll taxes

    total $4,543 · program services $4,543

  • 11a · Fees: management

    total $15,743 · management and general $15,743

  • 11b · Fees: legal

    total $1,348 · management and general $1,348

  • 11c · Fees: accounting

    total $1,166 · management and general $1,166

  • 11g · Fees: other

    total $27,475 · program services $20,125 · management and general $7,350

  • 12 · Advertising and promotion

    total $620 · management and general $620

  • 13 · Office expenses

    total $19,021 · management and general $19,021

  • 16 · Occupancy

    total $43,200 · program services $43,200

  • 22 · Depreciation, depletion and amortization

    total $107,661 · program services $107,661

  • 23 · Insurance

    total $14,902 · program services $14,902

  • 24a · Other expenses: MISC OPERATING & MAINTE

    total $19,494 · program services $19,494

  • 24b · Other expenses: CABLE EXP

    total $17,055 · management and general $17,055

  • 24c · Other expenses: SUPPLIES

    total $12,700 · program services $12,700

  • 24d · Other expenses: SNOW REMOVAL

    total $8,575 · program services $8,575

  • 24e · All other expenses

    total $27,681 · program services $17,063 · management and general $10,618

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $16,460 · end of year $4,291

  • 4 · Accounts receivable

    beginning of year $10,012 · end of year $26,040

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

    $4,931,454

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

    $2,060,965

  • 10c · Land, buildings and equipment, net

    beginning of year $2,978,150 · end of year $2,870,489

  • 15 · Other assets

    beginning of year $327,427 · end of year $345,779

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,375 · end of year $20,578

  • 19 · Deferred revenue

    beginning of year $625,094 · end of year $598,861

  • 25 · Other liabilities

    beginning of year $9,522 · end of year $10,036

  • 27 · Net assets without donor restrictions

    beginning of year $2,682,058 · end of year $2,617,124

Mission and programs · 2022

Mission

TO PROVIDE LOW-INCOME HOUSING.

  • TO PROVIDE ELDERLY AND HANDICAPPED PERSONS OF LOW INCOME WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.

    Expenses $286,916 · Revenue $319,618

As filed on the 2022 return.

Listed in Part VII

  • Deacon Steve Schumer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Rev Peter Karalus

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Charles Mendolera

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Sr Regina Murphy Ssmn

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Most Rev Michael W Fisher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Clara Moran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Sr Mary McCarrick Osf

    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.

Provenance

Return type
form_990
Tax year
2022
Filed
8 March 2023
IRS schema version
2022v4.1
Source object
202300739349300805

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.