Christ Church Harbor Apt Inc
- Assets
- $10.7m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 27
- Location
- Baltimore, MD
- Founding
- 11/1968
- Data as of
- 06/2022
- EIN
- 52-0963841
Organization Overview
Christ Church Harbor Apt Inc is located in Baltimore, MD. The organization was established in 1968. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Christ Church Harbor Apt Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christ Church Harbor Apt Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Christ Church Harbor Apt Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WAS FORMED TO OWN AND OPERATE A NON-PROFIT APARTMENT HOUSE FOR THE ELDERLY. THESE TENANTS RECEIVE THE BENEFIT OF ADEQUATE HOUSINQ IN A WELL MAINTAINED ENVIRONMENT. THE TENANTS ALSO RECEIVE THE BENEFIT OF GOVERNMENT HOUSING ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE A NON-PROFIT APARTMENT HOUSE FOR THE ELDERLY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Borsuk President | OfficerTrustee | 2 | $0 |
Rev Dr Amsalu Geleta Chair | OfficerTrustee | 2 | $0 |
Christine Day Secretary | OfficerTrustee | 1 | $0 |
Yvonne Tanner Treasurer | OfficerTrustee | 1 | $0 |
Yvonne Terry Trustee | Trustee | 1 | $0 |
Nikki Massie Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Frenchman White Corporation Apartment Renovations | 6/29/22 | $240,595 |
C A Lindman Inc Plaza Reconstruction | 6/29/22 | $282,683 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,005,494 |
| Investment income | $47,785 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,053,279 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $755,145 |
| Pension plan accruals and contributions | $65,713 |
| Other employee benefits | $131,476 |
| Payroll taxes | $60,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,438 |
| Fees for services: Accounting | $47,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,328 |
| Office expenses | $34,390 |
| Information technology | $7,973 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $239,259 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $917,015 |
| Insurance | $88,213 |
| All other expenses | $36,530 |
| Total functional expenses | $3,683,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,064 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,714 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $81,291 |
| Net Land, buildings, and equipment | $7,304,577 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,125,214 |
| Total assets | $10,650,860 |
| Accounts payable and accrued expenses | $309,342 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,518,247 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $167,587 |
| Total liabilities | $4,995,176 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $5,655,684 |
| Total liabilities and net assets/fund balances | $10,650,860 |