Totals
- Total revenue
- $1,588,705
- Total expenses
- $1,369,855
- Contributions and grants received
- $0
- Grants paid
- $303,639
- Program service revenue
- $1,692,704
- Investment income
- $292,695
- Other revenue
- -$396,694
- Total assets, end of year
- $8,174,955
- Total liabilities, end of year
- $143,605
- Net assets or fund balances, end of year
- $8,031,350
- Program services expenses (Part IX)
- $1,279,279
- Management and general expenses
- $90,576
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,279,279
Program services were 93.4% 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: Fees & Contracts Gov Agencies
total $1,280,858 · related or exempt $1,280,858
-
2b · Program service revenue: LOW INCOME HOUSING
total $411,846 · related or exempt $411,846
-
3 · Investment income
total $292,695 · related or exempt $95,958 · excluded $196,737
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: LAUNDRY INCOME
total $1,693 · related or exempt $1,693
-
11b · Other revenue: PROPERTY TAX REFUNDS
-
11d · All other revenue
total -$398,387 · unrelated business -$398,387
-
11e · Other revenue, total
-$396,694
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $229,500 · program services $229,500
-
2 · Grants to domestic individuals
total $10,100 · program services $10,100
-
3 · Grants to foreign organizations and individuals
total $64,039 · program services $64,039
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $170,919 · program services $170,919
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $11,316 · program services $11,316
-
11a · Fees: management
total $103,282 · program services $103,282
-
11b · Fees: legal
total $3,867 · program services $3,867
-
11c · Fees: accounting
total $24,950 · program services $14,200 · management and general $10,750
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $33,689 · program services $33,689
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $42,101 · management and general $42,101
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $67,311 · program services $67,311
-
23 · Insurance
total $138,617 · program services $132,586 · management and general $6,031
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $173,914 · program services $173,914
-
24b · Other expenses: UTILITIES
total $97,258 · program services $97,258
-
24c · Other expenses: REAL ESTATE TAXES
total $53,073 · program services $53,073
-
24d · Other expenses: TRASH REMOVAL
total $35,758 · program services $35,758
-
24e · All other expenses
total $110,161 · program services $78,467 · management and general $31,694
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,857,692 · end of year $2,905,139
-
2 · Savings and temporary cash investments
beginning of year $2,323,152 · end of year $2,402,129
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $62,710 · end of year $228,424
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $150,000 · end of year $90,000
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $85,647 · end of year $93,236
-
10a · Land, buildings and equipment: cost or other basis
$3,472,464
-
10b · Land, buildings and equipment: accumulated depreciation
$2,894,894
-
10c · Land, buildings and equipment, net
beginning of year $515,100 · end of year $577,570
-
11 · Investments: publicly traded securities
beginning of year $293,273 · end of year $388,871
-
12 · Investments: other securities
beginning of year $2,250,000 · end of year $1,489,586
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $14,080 · end of year $27,923
-
19 · Deferred revenue
beginning of year $2,857
-
23 · Secured mortgages and notes payable
beginning of year $87,500 · end of year $87,500
-
25 · Other liabilities
beginning of year $337,282 · end of year $28,182
-
27 · Net assets without donor restrictions
beginning of year $8,095,855 · end of year $8,031,350
Mission and programs · 2024
Mission
PROVIDE LOW INCOME HOUSING FOR SENIOR CITIZENS
-
THE FOUNDATION MAINTAINS AND MANAGES 76 SUBSIDIZED RENTAL UNITS FOR THE ELDERLY. THE FOUNDATION PROVIDES GRANTS AND ALLOCATIONS TO SENIORS AND OTHERS FOR EDUCATION AND RELIGIOUS PURPOSES.
Expenses $1,279,279 · Grants $303,639 · Revenue $1,692,704
As filed on the 2024 return.
Listed in Part VII
-
George KeziosGEORGE KEZIOS
President
- Total calculated
- $0
- Hours/week
- 10
-
Mihail KoulakisMIHAIL KOULAKIS
Vice President
- Total calculated
- $0
- Hours/week
- 4
-
Theodore KarlakisTHEODORE KARLAKIS
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Howard Daniel BarefootHOWARD DANIEL BAREFOOT
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Trevon KeziosTREVON KEZIOS
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dimitri SourkasDIMITRI SOURKAS
Director
- Total calculated
- $0
- Hours/week
- 2
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
-
$35,000
EDUCATIONAL AND RELIGIOUS
-
$20,000
EDUCATIONAL AND RELIGIOUS
-
$19,500
EDUCATIONAL AND RELIGIOUS
-
$10,000
EDUCATIONAL AND RELIGIOUS
-
$10,000
EDUCATIONAL AND RELIGIOUS
-
$10,000
EDUCATIONAL AND RELIGIOUS
-
$10,000
EDUCATIONAL AND RELIGIOUS
-
$10,000
EDUCATIONAL AND RELIGIOUS
-
$10,000
EDUCATIONAL AND RELIGIOUS
-
$10,000
EDUCATIONAL AND RELIGIOUS
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349324048
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.