Form 990 for tax year 2023
Filed by HOUSING FOR THE ELDERLY OF HENDERSON COUNTY INC.
Totals
- Total revenue
- $2,057,272
- Total expenses
- $280,459
- Contributions and grants received
- $69,509
- Grants paid
- $0
- Program service revenue
- $40,021
- Investment income
- $1,947,742
- Other revenue
- $0
- Total assets, end of year
- $721,436
- Total liabilities, end of year
- $1,918
- Net assets or fund balances, end of year
- $719,518
- Program services expenses (Part IX)
- $256,800
- Management and general expenses
- $23,659
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $256,800
Program services were 91.6% 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.
-
1e · Government grants (contributions)
$69,509
-
2a · Program service revenue: RENTAL INCOME
total $40,021 · related or exempt $40,021
-
3 · Investment income
total $5,342 · excluded $5,342
-
7a · Gross sales of assets other than inventory
other assets $2,200,000
-
7b · Less cost or other basis and sales expenses
other assets $257,600
-
7c · Gain or loss
other assets $1,942,400
-
7d · Net gain or loss
total $1,942,400 · related or exempt $1,942,400
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $9,491 · program services $9,491
-
8 · Pension plan contributions
total $239 · program services $239
-
9 · Other employee benefits
total $1,276 · program services $1,276
-
10 · Payroll taxes
total $668 · program services $668
-
11a · Fees: management
total $7,228 · management and general $7,228
-
11b · Fees: legal
total $5,907 · management and general $5,907
-
11c · Fees: accounting
total $2,894 · management and general $2,894
-
12 · Advertising and promotion
total $150 · management and general $150
-
13 · Office expenses
total $2,181 · management and general $2,181
-
16 · Occupancy
total $47,748 · program services $47,748
-
17 · Travel
total $453 · management and general $453
-
19 · Conferences, conventions and meetings
total $2,122 · management and general $2,122
-
20 · Interest
total $12,991 · program services $12,991
-
22 · Depreciation, depletion and amortization
total $82,196 · program services $82,196
-
24a · Other expenses: DISPOSITION FEE
total $88,000 · program services $88,000
-
24b · Other expenses: SERVICE COORDINATOR CON
total $9,269 · program services $9,269
-
24c · Other expenses: BAD DEBTS
total $4,922 · program services $4,922
-
24d · Other expenses: ADMINISTRATIVE RENT FRE
total $2,682 · management and general $2,682
-
24e · All other expenses
total $42 · management and general $42
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $19,711 · end of year $721,436
-
4 · Accounts receivable
beginning of year $10,777 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $6,856 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $259,303 · end of year $0
-
14 · Intangible assets
beginning of year $73,727 · end of year $0
-
15 · Other assets
beginning of year $344,454 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $106,442 · end of year $1,918
-
23 · Secured mortgages and notes payable
beginning of year $1,647,559 · end of year $0
-
25 · Other liabilities
beginning of year $18,122 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year -$1,057,295 · end of year $719,518
Mission and programs · 2023
Mission
HOUSING AND SERVICES FOR THE ELDERLY
-
TO PROVIDE HOUSING AND OTHER RELATED SERVICES FOR ELDERLY INVIDUALS.
Expenses $256,800 · Revenue $1,982,421
As filed on the 2023 return.
Listed in Part VII
-
Eddie BrayEDDIE BRAY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Bobby DeberryBOBBY DEBERRY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Carole SmallCAROLE SMALL
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
John BobbittJOHN BOBBITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William ForneyWILLIAM FORNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David FrizzellDAVID FRIZZELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey LewisJEFFREY LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Margaret MilamMARGARET MILAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Warren RamerDR WARREN RAMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Theresa SparksTHERESA SPARKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike UjcichMIKE UJCICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David SullivanDAVID SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike TateMIKE TATE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
WOODLAND HOMES LLLP
$2,200,000
Disposition · FIXED ASSETS OF HOUSING FOR THE ELDERLY OF HENDERSON COUNTY, INC. · Nov 30, 2023 · DOMESTIC LIMITED PARTNERSHIP
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 August 2025
- IRS schema version
- 2023v6.0
- Source object
- 202522249349300417
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