Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RESIDENT SERVICE REVEN

  total $1,927,152 · related or exempt $1,927,152

• 3 · Investment income

  total $190,230 · excluded $190,230

• 7a · Gross sales of assets other than inventory

  securities $307,345

• 7b · Less cost or other basis and sales expenses

  securities $180,387

• 7c · Gain or loss

  securities $126,958

• 7d · Net gain or loss

  total $126,958 · excluded $126,958

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $4,632 · related or exempt $4,632

• 11e · Other revenue, total

  $4,632

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $40,000 · program services $40,000

• 5 · Compensation of officers, directors and key employees

  total $78,471 · program services $35,429 · management and general $43,042

• 7 · Other salaries and wages

  total $442,276 · program services $239,982 · management and general $202,294

• 8 · Pension plan contributions

  total $11,342 · management and general $11,342

• 9 · Other employee benefits

  total $93,315 · management and general $93,315

• 11c · Fees: accounting

  total $324 · management and general $324

• 11f · Fees: investment management

  total $40,644 · management and general $40,644

• 11g · Fees: other

  total $55,139 · program services $55,139

• 12 · Advertising and promotion

  total $57,611 · management and general $57,611

• 13 · Office expenses

  total $46,952 · program services $18,711 · management and general $28,241

• 14 · Information technology

  total $20,899 · management and general $20,899

• 16 · Occupancy

  total $258,619 · program services $256,715 · management and general $1,904

• 20 · Interest

  total $2,368 · program services $2,368

• 22 · Depreciation, depletion and amortization

  total $1,695,030 · program services $1,695,030

• 23 · Insurance

  total $58,325 · management and general $58,325

• 24a · Other expenses: MUNICIPAL SERVICES

  total $109,374 · program services $7,218 · management and general $102,156

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $33,785 · program services $33,785

• 24c · Other expenses: CATERING SERVICES

  total $25,513 · program services $25,513

• 24e · All other expenses

  total $44,665 · program services $44,665

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $318,968 · end of year $690,880

• 2 · Savings and temporary cash investments

  beginning of year $327,173 · end of year $1,028,859

• 4 · Accounts receivable

  beginning of year $19,941 · end of year $28,998

• 7 · Other notes and loans receivable

  beginning of year $347,500 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $77,462 · end of year $78,921

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

  $45,312,586

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

  $24,841,781

• 10c · Land, buildings and equipment, net

  beginning of year $21,413,566 · end of year $20,470,805

• 11 · Investments: publicly traded securities

  beginning of year $11,158,450 · end of year $10,690,300

• 15 · Other assets

  beginning of year $83,557 · end of year $79,027

• 17 · Accounts payable and accrued expenses

  beginning of year $194,140 · end of year $281,226

• 19 · Deferred revenue

  beginning of year $1,386,899 · end of year $1,365,077

• 25 · Other liabilities

  beginning of year $45,455,733 · end of year $46,301,628

• 27 · Net assets without donor restrictions

  beginning of year -$13,290,155 · end of year -$14,880,141

The filer's explanations (Part III)

PART I, LINE 3

ATTIC ANGEL ASSOCIATION IS THE EMPLOYER OF ALL THE EMPLOYEES OF ATTIC ANGEL ASSOCIATION, ATTIC ANGEL PLACE AND ATTIC ANGEL PRAIRIE POINT. THERE IS AN HR COMMITTEE THAT REPORTS TO THE BOARD OF DIRECTORS. QUARTERLY MEETINGS ARE HELD AND AT EVERY MEETING, MARKET PLACE DATA IS REVIEWED REGARDING COMPENSATION FOR ALL POSITIONS. THE CEO/PRESIDENT'S JOB DESCRIPTION IS REVIEWED ANNUALLY BY THE HR COMMITTEE AND SALARY RECOMMENDATIONS ARE MADE TO THE BOARD FOR APPROVAL AND IMPLEMENTED BY THE PAYROLL AREA. THE CHIEF ADMINISTRATIVE OFFICER AND HER HR TEAM REVIEW MARKET DATA THROUGH SALARY SURVEYS AND ONLINE MARKET COMPENSATION TOOLS. THE FINDINGS ARE DOCUMENTED IN A SCHEDULE THAT IS PRESENTED AT EACH OF THE QUARTERLY HR COMMITTEE MEETINGS. ANY RECOMMENDATIONS ARE DOCUMENTED IN THE MINUTES OF THE HR COMMITTEE AND ANY RECOMMENDATIONS APPROVED BY THE BOARD ARE APPROVED IN THE MINUTES OF THE BOARD MEETING.

PART I, LINE 4A

CHERYL MILLER, FORMER CHIEF ADMINISTRATIVE OFFICER, RECEIVED A SEVERANCE PACKAGE OF $39,576.88. MICHAEL DRESCHER, FORMER IT DIRECTOR, RECEIVED A SEVERANCE PACKAGE OF $59,837.