Form 990 for tax year 2023

2a · Program service revenue: RENTAL INCOME

total $3,378,172 · related or exempt $3,378,172

2b · Program service revenue: OTHER TENANT CHARGES

total $528,338 · related or exempt $528,338

3 · Investment income

total $79,438 · excluded $79,438

7a · Gross sales of assets other than inventory

securities $14,106

7b · Less cost or other basis and sales expenses

securities $2,891

7c · Gain or loss

securities $11,215

7d · Net gain or loss

total $11,215 · excluded $11,215

7 · Other salaries and wages

total $229,492 · program services $229,492

9 · Other employee benefits

total $37,876 · program services $37,876

10 · Payroll taxes

total $20,037 · program services $20,037

11a · Fees: management

total $80,100 · management and general $80,100

11c · Fees: accounting

total $10,796 · management and general $10,796

11g · Fees: other

total $252,406 · program services $252,406

12 · Advertising and promotion

total $27,863 · program services $27,157 · management and general $706

13 · Office expenses

total $64,461 · program services $22,934 · management and general $41,527

16 · Occupancy

total $20,758 · program services $20,758

17 · Travel

total $153 · management and general $153

20 · Interest

total $979,207 · program services $979,207

22 · Depreciation, depletion and amortization

total $365,232 · program services $365,232

23 · Insurance

total $67,689 · program services $67,689

24a · Other expenses: REIMBURSEMENTS TO JHC

total $2,511,874 · program services $2,511,874

24b · Other expenses: UTILITIES

total $395,542 · program services $395,542

24c · Other expenses: LOAN GUARANTOR FEE

total $202,842 · program services $202,842

24d · Other expenses: MAINTENANCE

total $198,933 · program services $198,933

24e · All other expenses

total $252,642 · program services $234,385 · management and general $18,257

1 · Cash, non-interest-bearing

beginning of year $1,542,906 · end of year $293,535

2 · Savings and temporary cash investments

beginning of year $112,844 · end of year $412,150

4 · Accounts receivable

beginning of year $9,144 · end of year $24,812

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

$34,388,563

10b · Land, buildings and equipment: accumulated depreciation

$6,572,344

10c · Land, buildings and equipment, net

beginning of year $28,042,926 · end of year $27,816,219

11 · Investments: publicly traded securities

beginning of year $1,227,327 · end of year $0

14 · Intangible assets

beginning of year $458,468 · end of year $408,453

15 · Other assets

beginning of year $1,711,560 · end of year $1,828,492

17 · Accounts payable and accrued expenses

beginning of year $95,065 · end of year $84,503

20 · Tax-exempt bond liabilities

beginning of year $20,383,480 · end of year $19,756,179

25 · Other liabilities

beginning of year $86,051 · end of year $81,985

27 · Net assets without donor restrictions

beginning of year $12,540,579 · end of year $10,860,994