ELMDALE APARTMENTS NONPROFIT HOUSING CORPORATION

ELMDALE APARTMENTS NONPROFIT HOUSING CORPORATION

Grand Rapids, MI, US
501(c)3
EIN
20-0363774
Management & Technical Assistance

ELMDALE APARTMENTS NONPROFIT HOUSING CORPORATION

Grand Rapids, MI, US
501(c)3
EIN
20-0363774
Management & Technical Assistance

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$384,410

Other Assets
60%
Property, Plant, & Equipment (net)
34%
Cash & Equivalents
3%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$581,765

Notes Payable / Debt (Non-Related)
87%
Payables & Accruals
12%
Other Liabilities
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$225,943
$10,650
-95%
Receivables (Non-Related)
$688
$4,031
+486%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$70
$8,830
+12514%
Investments
-
-
-
Property, Plant, & Equipment (net)
$137,350
$130,849
-5%
Other Assets
-
$230,050
-
Total Assets
$364,051
$384,410
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$42,301
$68,081
+61%
Grants Payable
-
-
-
Deferred Revenue
$1,714
$3,324
+94%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$523,174
$506,363
-3%
Related-Party Payables
-
-
-
Other Liabilities
$4,737
$3,997
-16%
Total Liabilities
$571,926
$581,765
+2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$207,875
-$197,355
+5%
Net assets
2023
2024
Change
Net assets
-$207,875
-$197,355
+5%
Balance Sheet
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