Maximum Accessible Housing-West, operating under the name Pine Tree Vistas Apartments, is located in Cleveland, OH. The organization was established in 1984. 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 09/2023, Pine Tree Vistas Apartments employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pine Tree Vistas Apartments 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 09/2023, Pine Tree Vistas Apartments generated $673.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $652.1k during the year ending 09/2023. While expenses have increased by 0.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE ACCESSIBLE HOUSING FOR LOW-INCOME INDIVIDUALS WITH MOBILITY DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES ACCESSIBLE, AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS WITH MOBILITY DISABILITIES. OPERATING A 40-UNIT APARTMENT BUILDING UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jon Scandling Chairperson | OfficerTrustee | 0.4 | $0 |
Brian Corrigan Vice Chairperson | OfficerTrustee | 0.3 | $0 |
David M Loomis Past Chair | OfficerTrustee | 0.3 | $0 |
Jordan Batch Treasurer | OfficerTrustee | 0.5 | $0 |
Anya Kulcsar Secretary | OfficerTrustee | 0.3 | $0 |
Kevin Adelstein Director | Trustee | 0.3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $508,229 |
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 | $508,229 |
Total Program Service Revenue | $164,695 |
Investment income | $729 |
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 | $673,653 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $31,828 |
Compensation of current officers, directors, key employees. | $15,596 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $109,940 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $28,217 |
Payroll taxes | $11,241 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,104 |
Fees for services: Accounting | $9,530 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $483 |
Advertising and promotion | $2,149 |
Office expenses | $28,110 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $112,512 |
Travel | $2,210 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $99,771 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $92,409 |
Insurance | $33,418 |
All other expenses | $0 |
Total functional expenses | $652,105 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $34,655 |
Savings and temporary cash investments | $376,509 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,007 |
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 | $8,297 |
Net Land, buildings, and equipment | $1,367,196 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,787,664 |
Accounts payable and accrued expenses | $70,969 |
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 | $1,994,521 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $12,588 |
Total liabilities | $2,078,078 |
Net assets without donor restrictions | -$290,414 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,787,664 |