Totals
- Total revenue
- $250,605
- Total expenses
- $321,392
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $250,538
- Investment income
- $67
- Other revenue
- $0
- Total assets, end of year
- $1,664,020
- Total liabilities, end of year
- $50,092
- Net assets or fund balances, end of year
- $1,613,928
- Program services expenses (Part IX)
- $248,041
- Management and general expenses
- $73,351
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $248,041
Program services were 77.2% 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: Tenant Rent Revenue
total $138,390 · related or exempt $138,390
-
2b · Program service revenue: HUD Subsidy Rent Reven
total $109,860 · related or exempt $109,860
-
2c · Program service revenue: Laundry Income
total $2,288 · related or exempt $2,288
-
3 · Investment income
total $67 · excluded $67
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $52,294 · program services $23,305 · management and general $28,989
-
9 · Other employee benefits
total $1,058 · program services $1,058
-
10 · Payroll taxes
total $4,662 · program services $4,662
-
11a · Fees: management
total $23,799 · management and general $23,799
-
11b · Fees: legal
total $594 · management and general $594
-
11c · Fees: accounting
total $6,200 · management and general $6,200
-
11g · Fees: other
total $51,604 · program services $48,447 · management and general $3,157
-
12 · Advertising and promotion
total $1,925 · management and general $1,925
-
13 · Office expenses
total $22,297 · program services $13,610 · management and general $8,687
-
16 · Occupancy
total $78,263 · program services $78,263
-
22 · Depreciation, depletion and amortization
total $68,055 · program services $68,055
-
23 · Insurance
total $9,088 · program services $9,088
-
24a · Other expenses: Miscellaneous
total $1,553 · program services $1,553
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $16,602
-
2 · Savings and temporary cash investments
beginning of year $182,852 · end of year $166,083
-
4 · Accounts receivable
beginning of year $16,043
-
9 · Prepaid expenses and deferred charges
beginning of year $5,980 · end of year $5,980
-
10a · Land, buildings and equipment: cost or other basis
$2,809,597
-
10b · Land, buildings and equipment: accumulated depreciation
$1,346,778
-
10c · Land, buildings and equipment, net
beginning of year $1,530,873 · end of year $1,462,819
-
15 · Other assets
beginning of year $0 · end of year $12,536
-
17 · Accounts payable and accrued expenses
beginning of year $39,474 · end of year $36,373
-
25 · Other liabilities
beginning of year $11,559 · end of year $13,719
-
27 · Net assets without donor restrictions
beginning of year -$832,585 · end of year -$903,372
-
28 · Net assets with donor restrictions
beginning of year $2,517,300 · end of year $2,517,300
Mission and programs · 2022
Mission
To provide affordable housing for the elderly.
-
Lytle Trace, Inc. is a 36 unit apartment complex organized to provide affordable housing to the elderly.
Expenses $248,041 · Revenue $250,538
As filed on the 2022 return.
Listed in Part VII
-
John Thebout
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Marilyn Hodges
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Billie Kuntz
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Sandy Graham
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Linda Brooks
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Tim Rudd
President
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
George Brown
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Donna Cann
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Lee Pinkerton
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Greg Traynor
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
Tina Sanborn
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 6 related
-
William DeHass - Start 102022
Chief Executive Officer
- Total calculated
- $112,464
- From this org
- $0
- From related orgs
- $106,442
- Other
- $6,022
- Hours/week
- 1 + 46 related
-
Angel Burton - Start 102022
Chief Financial Officer
- Total calculated
- $75,203
- From this org
- $0
- From related orgs
- $74,719
- Other
- $484
- Hours/week
- 1 + 46 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.
-
501(c)(3) · Provide affordable housing for the elderly · OH
Directly controlled by Clermont Senior Services
-
501(c)(3) · Provide affordable housing for the elderly · OH
Directly controlled by Clermont Senior Services
-
501(c)(3) · Provide affordable housing for the elderly · OH
-
501(c)(3) · Provide affordable housing for the elderly · OH
Directly controlled by Clermont Senior Services
-
O'Bannon Terrace of Goshen Inc
501(c)(3) · Provide affordable housing for the elderly · OH
Directly controlled by Clermont Senior Services
-
501(c)(3) · Provide affordable housing for the elderly · OH
Directly controlled by Clermont Senior Services
-
Dimmit Woods Senior Housing Inc
501(c)(3) · Provide affordable housing for the elderly · OH
Directly controlled by Clermont Senior Services
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312869349301021
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