Form 990 for tax year 2023
Filed by WEST END GARDENS HOUSING DEVELOP- MENT FUND COMPANY INC.
Totals
- Total revenue
- $139,140
- Total expenses
- $67,082
- Contributions and grants received
- $0
- Grants paid
- $62,500
- Program service revenue
- $0
- Investment income
- $139,140
- Other revenue
- $0
- Total assets, end of year
- $3,623,950
- Total liabilities, end of year
- $50,000
- Net assets or fund balances, end of year
- $3,573,950
- Program services expenses (Part IX)
- $62,500
- Management and general expenses
- $4,582
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $62,500
Program services were 93.2% 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.
-
3 · Investment income
total $139,140 · excluded $139,140
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $62,500 · program services $62,500
-
11c · Fees: accounting
total $4,250 · management and general $4,250
-
24a · Other expenses: PERMITS & FEES
total $332 · management and general $332
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $141,954 · end of year $120,014
-
2 · Savings and temporary cash investments
beginning of year $217,811 · end of year $228,385
-
7 · Other notes and loans receivable
beginning of year $3,142,128 · end of year $3,275,551
-
17 · Accounts payable and accrued expenses
end of year $50,000
-
27 · Net assets without donor restrictions
beginning of year $3,501,893 · end of year $3,573,950
Mission and programs · 2023
Mission
WEST END GARDENS HOUSING DEVELOPMENT FUND'S MISSION IS TO PROVIDE HOUSING FOR LOW INCOME FAMILIES.
Activities or mission (Part I)
PROVIDE HOUSING FOR LOW INCOME SENIOR CITIZENS.
-
ORGANIZATION GRANTED AN ENTITY ENGAGED IN DEVELOPING LOW INCOME HOUSING.
Expenses $62,500 · Grants $62,500
As filed on the 2023 return.
Listed in Part VII
-
David SingerDAVID SINGER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Menachem ShayovichMENACHEM SHAYOVICH
SECY/TREAS
- 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
-
BOROUGH PARK HOUSING CORPORATION
$50,000
TO PROVIDE GRANTS TO LOW INCOME SENIORS TO ENABLE THEM TO ACQUIRE HOUSING
-
TO PROVIDE GRANTS TO LOW INCOME SENIORS TO ENABLE THEM TO ACQUIRE HOUSING
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501329349304475
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