Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $332,967

• 2a · Program service revenue: RENT FROM TENANTS

  total $350,384 · related or exempt $350,384

• 3 · Investment income

  total $15,977 · excluded $15,977

• 11a · Other revenue: CABLE TV REVENUE

  total $26,240 · excluded $26,240

• 11b · Other revenue: OTHER RENT REVENUE

  total $18,955 · related or exempt $18,955

• 11d · All other revenue

  total $5,390 · excluded $5,390

• 11e · Other revenue, total

  $50,585

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $9,504 · program services $9,504

• 7 · Other salaries and wages

  total $179,146 · program services $169,111 · management and general $10,035

• 8 · Pension plan contributions

  total $10,441 · program services $10,441

• 9 · Other employee benefits

  total $33,893 · program services $32,050 · management and general $1,843

• 10 · Payroll taxes

  total $13,102 · program services $12,362 · management and general $740

• 11a · Fees: management

  total $49,500 · management and general $49,500

• 11c · Fees: accounting

  total $26,924 · management and general $26,924

• 11g · Fees: other

  total $7,403 · program services $7,403

• 13 · Office expenses

  total $54,832 · program services $54,832

• 16 · Occupancy

  total $262,378 · program services $262,378

• 19 · Conferences, conventions and meetings

  total $3,441 · program services $3,441

• 22 · Depreciation, depletion and amortization

  total $148,657 · program services $148,657

• 23 · Insurance

  total $33,646 · program services $33,646

• 24a · Other expenses: MISC. ADMIN EXP

  total $4,207 · program services $4,207

• 24b · Other expenses: ELDERLY SERVICES EXP

  total $2,445 · program services $2,445

• 24c · Other expenses: INSPECTIONS & PERMITS

  total $1,575 · program services $1,575

• 24d · Other expenses: BAD DEBT

  total $156 · management and general $156

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $59,620 · end of year $4,021

• 4 · Accounts receivable

  beginning of year $1,611 · end of year $9,823

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

  $5,399,451

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

  $3,801,997

• 10c · Land, buildings and equipment, net

  beginning of year $1,706,111 · end of year $1,597,454

• 15 · Other assets

  beginning of year $356,569 · end of year $380,779

• 17 · Accounts payable and accrued expenses

  beginning of year $74,750 · end of year $38,996

• 19 · Deferred revenue

  beginning of year $7,333 · end of year $1,343

• 21 · Escrow or custodial account liability

  beginning of year $22,314 · end of year $23,561

• 23 · Secured mortgages and notes payable

  beginning of year $4,802,600 · end of year $4,802,600

• 27 · Net assets without donor restrictions

  beginning of year -$2,783,086 · end of year -$2,874,423

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION REVIEWS A SALARY ADMINISTRATION PROGRAM, INCLUDING PAY GRADES AND RANGES, THAT IS PROVIDED BY CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST. LOUIS. ADDITIONALLY, THE ST. LOUIS AREA SALARY SURVEY REPORT ISSUED ANNUALLY BY THE AAIM MANAGEMENT ASSOCIATION IS REVIEWED WHEN PREPARING SALARY BUDGETS FOR THE FISCAL YEAR. THE ORGANIZATION ALSO REVIEWS NATIONAL AND LOCAL INFLATION RATES, INTERNAL FUNDING ABILITIES, AND PLANNED SALARY BUDGETS FOR THE ARCHDIOCESE OF ST. LOUIS. ANNUAL PERFORMANCE EVALUATIONS ARE ALSO REVIEWED WHEN DETERMINING SALARY INCREASES.