Pennshaw Estates INC: FY2022 Nonprofit Profile & Form 990 (EIN 25-1355177)

Revenue by fiscal year
FY2020	$334K
FY2021	$332K
FY2022	$340K
FY2023	$350K
FY2024	$368K
FY2025	$388K

Expenses by fiscal year
FY2020	$326K
FY2021	$321K
FY2022	$637K
FY2023	$345K
FY2024	$331K
FY2025	$339K

Net assets by fiscal year
FY2020	−$288K
FY2021	−$277K
FY2022	−$574K
FY2023	−$569K
FY2024	−$532K
FY2025	−$483K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

94%

Program services 94% · $600K Management & general 6% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII

John J Exler JR

President

$0Pt VII · Sec A

Larry Swanson

V. President

$0Pt VII · Sec A

Pam Miljus

Treasurer

$0Pt VII · Sec A

Bree Patsey

Secretary

$0Pt VII · Sec A

Ron Cioti

Director

$0Pt VII · Sec A

See Pennshaw Estates INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing for low-income elderly and handicapped families.

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1 program · $600K · in their own filed words · FY2021

01

To provide housing for elderly AND/OR handicapped low and moderate income families. There are thirty-six housing units within the pennshaw estates, inc. Complex.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 25-1355177) · Dispute this line

$600Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking

Grants paid · 1 grant · $303K · 2021–2021

Ahi-202 Mon Valley INCFY2021$303,407

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs

Year ending Oct 2022 · $1.2M federal money spent

Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$973K

Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$236K

The auditor reported no findings.

Year ending Oct 2021 · $1.2M federal money spent

Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$998K

Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$227K

The auditor reported no findings.

Year ending Oct 2020 · $1.3M federal money spent

Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$1.0M

Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$235K

The auditor reported no findings.

Year ending Oct 2019 · $1.3M federal money spent

Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing ProjectsDepartment of Housing and Urban Development · ALN 14.155 · Direct$1.0M

Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$218K

The auditor reported no findings.

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$340K

Ln 12

Gifts and grantsLn 1h$236K

Fees for servicesLn 2g$98K

Other incomeLn 4–11$4K

Money outPt IX

$637K

Ln 25

Programscol B$600K

Managementcol C$37K

Owns and owesPt X

−$574K

net assets · Ln 32

Cash and savingsLn 1–2$505K

Total assetsLn 16$767K

LiabilitiesLn 26$1.3M

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$236K

Government grantsLn 1e$236K

Fees for servicesLn 2g$98K

Investment incomeLn 3$1K

Other incomeLn 4–11$4K

Total revenueLn 12$340K

Assets in detailPt X, end of year

SavingsLn 2$505K

Cash and savings togetherLn 1–2$505K

Pledges and grants receivableLn 3$2K

Accounts receivableLn 4$273

Prepaid expenses and deferred chargesLn 9$19K

Land, buildings, equipmentLn 10c$240K

Total assetsLn 16$767K

LiabilitiesLn 26$1.3M

Net assetsLn 32−$574K

OperationsPt I, VI

EmployeesI 50

VolunteersI 65

Fiscal year endsHeaderOctober

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$448K	$505K
Land, buildings, equipmentLn 10c	$256K	$240K
Total assetsLn 16	$729K	$767K
LiabilitiesLn 26	$1.0M	$1.3M
Net assetsLn 32	−$277K	−$574K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$303K	$303K
Other salaries and wagesLn 7	$9K	$9K
Management feesLn 11a	$14K		$14K
Accounting feesLn 11c	$15K		$15K
Other fees for servicesLn 11g	$70K	$70K
Advertising and promotionLn 12	$657		$657
Office expensesLn 13	$7K		$7K
OccupancyLn 16	$95K	$95K
InterestLn 20	$61K	$61K
Depreciation, depletion and amortizationLn 22	$16K	$16K
InsuranceLn 23	$45K	$45K
Total functional expensesLn 25	$637K	$600K	$37K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS Feb 23, 2026	$388K	$339K	$49K	−$483K	990 PDF
FY2024Filed with the IRS Mar 11, 2025	$368K	$331K	$37K	−$532K	990 PDF
FY2023Filed with the IRS Mar 11, 2024	$350K	$345K	$5K	−$569K	990 PDF
FY2022 ViewingFiled with the IRS Mar 1, 2023	$340K	$637K	−$298K	−$574K	990 PDF
FY2021Filed with the IRS Jan 31, 2022	$332K	$321K	$12K	−$277K	990 PDF
FY2020Filed with the IRS Feb 16, 2021	$334K	$326K	$8K	−$288K	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2022 990

Part I · Summary $339,709 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $226,905$236,123

I-9 Program service revenuePrior year $100,473$98,036

I-10 Investment incomePrior year $162$1,106

I-11 Other revenuePrior year $4,781$4,444

I-12 Total revenuePrior year $332,321$339,709

I-13 Grants and similar amounts paidPrior year $0$303,407

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $9,336$9,336

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $311,344$324,662

I-18 Total expensesPrior year $320,680$637,405

I-19 Revenue less expensesPrior year $11,641−$297,696

Part VI · Governance 5 of 5 board members independent, 2 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

Part VIII · Statement of revenue $339,709 across 6 lines filed

VIII-1e Government grants$236,123

VIII-1h Total contributions, gifts and grants$236,123

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $98,036$98,036

VIII-3 Investment incomeExcluded from tax $1,106$1,106

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,444$4,444

VIII-12 Total revenueRelated to mission $98,036 · Unrelated business $0 · Excluded from tax $5,550$339,709

Part IX · Statement of functional expenses $637,405 across 11 lines filed

IX-1 Grants to domestic organizationsPrograms $303,407$303,407

IX-7 Other salaries and wagesPrograms $9,336$9,336

IX-11a Management feesManagement $14,346$14,346

IX-11c Accounting feesManagement $15,280$15,280

IX-11g Other fees for servicesPrograms $70,480$70,480

IX-12 Advertising and promotionManagement $657$657

IX-13 Office expensesManagement $6,641$6,641

IX-16 OccupancyPrograms $94,980$94,980

IX-20 InterestPrograms $60,762$60,762

IX-22 Depreciation, depletion and amortizationPrograms $16,362$16,362

IX-23 InsurancePrograms $45,154$45,154

IX-25 Total functional expensesPrograms $600,481 · Management $36,924 · Fundraising $0$637,405

Part X · Balance sheet $766,511 assets, 14 lines filed

X-2 Savings and temporary cash investmentsStart of year $447,711$505,033

X-3 Pledges and grants receivableStart of year $5,621$2,238

X-4 Accounts receivableStart of year $418$273

X-9 Prepaid expenses and deferred chargesStart of year $19,137$19,463

X-10c Land, buildings and equipment, netStart of year $255,866$239,504

X-16 Total assetsStart of year $728,753$766,511

X-17 Accounts payable and accrued expensesStart of year $18,987$53,353

X-19 Deferred revenueStart of year $3,069$4,412

X-23 Secured mortgages and notes payableStart of year $972,936$1,272,368

X-25 Other liabilitiesStart of year $10,562$10,875

X-26 Total liabilitiesStart of year $1,005,554$1,341,008

X-27 Net assets without donor restrictionsStart of year −$276,801−$574,497

X-32 Total net assets or fund balancesStart of year −$276,801−$574,497

X-33 Total liabilities and net assetsStart of year $728,753$766,511

Part XI · Reconciliation of net assets −$574,497 net assets at year end

XI-1 Total revenue$339,709

XI-2 Total expenses$637,405

XI-3 Revenue less expenses−$297,696

XI-4 Net assets at start of year−$276,801

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year−$574,497

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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Pennshaw Estates INC FY2022 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Pennshaw Estates INC

Funders

Grants

Federal money

By the numbers

Filing history

Schedules filed Part IV