Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
LOWELL AREA HOUSING INC
DBA SCHNEIDER MANOR
Number and street (or P.O. box number if mail is not delivered to street address)725 BOWES ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOWELL, MI49331
A Employer identification number

38-1945437
B Telephone number (see instructions)

(616) 897-8908
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$0J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 105,524
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,054   1,054
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
502,976 502,976 502,976
12 Total. Add lines 1 through 11........ 609,554 502,976 504,030
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 30,385 30,385    
14 Other employee salaries and wages...... 70,775 70,775    
15 Pension plans, employee benefits....... 7,688 7,688    
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,364 5,364    
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,000 1,000    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
143,451 143,451  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
240,563 240,563    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 499,226 499,226   0
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 499,226 499,226   0
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 110,328
b Net investment income (if negative, enter -0-) 3,750
c Adjusted net income (if negative, enter -0-)... 504,030
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 10,207 14,689  
2 Savings and temporary cash investments......... 553,292 636,212  
3 Accounts receivable right arrow16,795
Less: allowance for doubtful accounts right arrow     16,795  
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow5,347,853
Less: accumulated depreciation (attach schedule) right arrow3,899,756 1,445,832 Click to see attachment
List of Attached Documents:
// Content
1,448,097 		 
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,009,331 2,115,793 0
Liabilities 17 Accounts payable and accrued expenses.......... 8,702 3,230
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
25,751 		Click to see attachment
List of Attached Documents:
// Content
27,357
23 Total liabilities (add lines 17 through 22)......... 34,453 30,587
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 1,974,878 2,085,206
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,974,878 2,085,206
30 Total liabilities and net assets/fund balances (see instructions). 2,009,331 2,115,793
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,974,878
2
Enter amount from Part I, line 27a .....................
2
110,328
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,085,206
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,085,206
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 52
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 52
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 52
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 52
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowHTTPS://SCHNEIDERMANOR.ORG
14
The books are in care ofright arrowTERRA BIENEMAN Telephone no.right arrow (616) 897-8908

Located atright arrow725 BOWES ROADLOWELLMI ZIP+4right arrow49331
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
BOB PFALLER PRESIDENT
4.00 		0 0 0
725 BOWES ROAD
LOWELL,MI49331
JIM HODGES VICE PRESIDE
2.00 		0 0 0
725 BOWES ROAD
LOWELL,MI49331
TERRA BIENEMAN TREASURER/MA
30.00 		30,385 0 0
725 BOWES ROAD
LOWELL,MI49331
DON DUBBINK TRUSTEE
1.00 		0 0 0
725 BOWES ROAD
LOWELL,MI49331
ERNI BUNDY TRUSTEE
1.00 		0 0 0
725 BOWES ROAD
LOWELL,MI49331
BRAD BRILLHART TRUSTEE
1.00 		0 0 0
725 BOWES ROAD
LOWELL,MI49331
MARYALENE LAPONSIE TRUSTEE
1.00 		0 0 0
725 BOWES ROAD
ADA,MI49301
JENNIFER DOUGHERTY TRUSTEE
1.00 		0 0 0
725 BOWES ROAD
LOWELL,MI49331
RICK SEESE TRUSTEE
1.00 		0 0 0
725 BOWES ROAD
LOWELL,MI49331
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 PROVIDE AFFORDABLE HOUSING FOR SENIOR AND DISABLED CITIZENS. 515,194
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
594,752
b
Average of monthly cash balances.......................
1b
12,448
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
607,200
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
607,200
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
9,108
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
598,092
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
29,905
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
0
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
0
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
29,905 27,110 28,412   85,427
b 85% (0.85) of line 2a ......... 25,419 23,044 24,150   72,613
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		  64,848 172,631 203,494 440,973
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		  64,848 172,631 203,494 440,973
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 2,099,825 2,009,331 1,929,150 2,029,446 8,067,752
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 2,099,825 2,009,331 1,929,150 2,029,446 8,067,752
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a  
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 1,054  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aBUILDING RENTS-SENIOR CITIZ 		    16 501,865  
bTENANT REIMBURSEMENTS     16 1,111  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   504,030  
13Total. Add line 12, columns (b), (d), and (e)..................
13
504,030
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
3 TEMPORARY INVESTMENTS-RESERVES FUTURE BUILDING
11B RENTS FROM SENIOR CITIZENS
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
LOWELL AREA HOUSING INC
DBA SCHNEIDER MANOR
Employer identification number

38-1945437
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
LOWELL AREA HOUSING INC
DBA SCHNEIDER MANOR 		Employer identification number
38-1945437
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
SCHNEIDER FAMILY TRUST
111 LYON ST NW
 
GRAND RAPIDS, MI49503

$ 104,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
LOWELL AREA HOUSING INC
DBA SCHNEIDER MANOR 		Employer identification number

38-1945437
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
LOWELL AREA HOUSING INC
DBA SCHNEIDER MANOR 		Employer identification number

38-1945437
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
LOWELL AREA HOUSING INC
 
DBA SCHNEIDER MANOR
EIN:
38-1945437
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 5,364 5,364    

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
LOWELL AREA HOUSING INC
 
DBA SCHNEIDER MANOR
EIN:
38-1945437
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
EQUIPMENT   75,476 76,032 STRAIGHT LINE 7.0000        
FURNISHINGS   201,291 199,482 STRAIGHT LINE 7.0000        
APPLIANCES   136,006 128,465 STRAIGHT LINE 7.0000        
LAND IMPROVEMENTS   92,911 83,078 STRAIGHT LINE          
OFFICE EQUIPMENT   2,545 2,545 STRAIGHT LINE 5.0000        
BUILDINGS   3,966,607 3,055,552 STRAIGHT LINE          
HAFACKER LEAF BLOWER (E) 2002-02-13 1,300 1,300 S/L 7.0000        
LAWN SPRAYER (E) 2002-08-19 550 550 S/L 7.0000        
FLAG POLE (E) 2002-12-05 400 400 S/L 7.0000        
NH 4WD TRACTOR (E) 2005-04-15 16,150 16,150 S/L 7.0000        
NH LOADER (E) 2005-04-15 3,950 3,950 S/L 7.0000        
NH 7.5' HYD BACK BLADE (E) 2005-04-15 3,095 3,095 S/L 7.0000        
3 BU SPREADER (E) 2005-04-15 575 575 S/L 7.0000        
GOLF CART (E) 2007-03-19 1,600 1,600 S/L 7.0000        
GRASS HOPPER MOWER TRD 3/21/13 (E) 2008-03-28 11,300 11,300 S/L 7.0000        
JD TRACTOR, BLOWER, BLADE (E) 2008-08-13 6,002 6,002 S/L 7.0000        
CHAINSAW (E) 2008-06-25 320 320 S/L 7.0000        
GOLF CART (E) 2009-04-09 1,700 1,700 S/L 7.0000        
AUTOMATE SPRINKLER SYSTEM (E) 2011-10-31 6,400 6,400 S/L 7.0000        
GRASS HOPPER MOWER (E) 2013-03-21 11,293 11,293 S/L 7.0000        
JD TRACT S X738 (E) 2014-08-01 9,831 9,831 S/L 7.0000        
GRASS HOPPER MOWER (E) 2019-04-04 11,884 6,366 S/L 7.0000 1,698 1,698    
K BLDG FURNACE (A) 1995-12-01 12,800 12,800 S/L 7.0000        
ELEC LIGHT FIX (A) 1995-12-01 10,096 10,096 S/L 7.0000        
GRANDFATHER CLOCK (A) 1996-06-01 4,215 4,215 S/L 7.0000        
1 HOT WTR L (A) 2000-08-01 10,904 10,904 S/L 7.0000        
REFRIG F-2 (A) 2002-09-01 460 460 S/L 7.0000        
REFRIG B-4 (A) 2002-09-01 470 470 S/L 7.0000        
REFRIG K-3 (A) 2002-10-01 474 474 S/L 7.0000        
REFRIG F-2 (A) 2002-12-01 479 479 S/L 7.0000        
REFRIG G-8 (A) 2002-02-01 345 345 S/L 7.0000        
REFRIG A-3 (A) 2003-11-01 439 439 S/L 7.0000        
REFRIG C-4 (A) 2003-10-01 450 450 S/L 7.0000        
REFRIG C-7 (A) 2004-02-01 466 466 S/L 7.0000        
RANGE C7 & A-3 (A) 2004-03-01 647 647 S/L 7.0000        
REFR F-5 (A) 2004-07-01 380 380 S/L 7.0000        
REFRIG H-2 (A) 2004-09-01 370 370 S/L 7.0000        
REFRIG D-5 (A) 2005-01-01 390 390 S/L 7.0000        
RANGE & REF A-5 (A) 2005-02-01 879 879 S/L 7.0000        
REFRIG - COMMUNITY BLDG (A) 2005-11-01 410 410 S/L 7.0000        
REFR B-3 (A) 2006-12-01 378 378 S/L 7.0000        
GARAGE HEATER (A) 2006-12-01 1,950 1,950 S/L 7.0000        
AIR/FURN G-8 (A) 2006-12-01 1,600 1,600 S/L 7.0000        
HT WTR HEATER BLDG D (A) 2007-05-01 1,750 1,750 S/L 7.0000        
RANGE M-1 (A) 2007-07-01 449 449 S/L 7.0000        
RANGE C-4 (A) 2007-07-01 372 372 S/L 7.0000        
REFRIG F-4 (A) 2007-08-01 440 440 S/L 7.0000        
REFRIG B-7 (A) 2007-11-01 460 460 S/L 7.0000        
REFRIG E-8 (A) 2008-08-01 470 470 S/L 7.0000        
REFRIG C-5 (A) 2008-11-01 440 440 S/L 7.0000        
REFRIG E-3 (A) 2008-12-01 530 530 S/L 7.0000        
RANGE B-6 (A) 2008-12-01 395 395 S/L 7.0000        
REFIRGERATOR C-2 (A) 2009-04-01 570 570 S/L 7.0000        
REFIRGERATOR F-1 (A) 2009-05-01 605 605 S/L 7.0000        
REFRIGERATOR A-8 (A) 2009-07-01 498 498 S/L 7.0000        
RANGE A-8 (A) 2009-07-01 380 380 S/L 7.0000        
REFRIGERATOR E-1 (A) 2009-10-01 776 776 S/L 7.0000        
RANGE E-1 (A) 2009-10-01 466 466 S/L 7.0000        
RANGE B-7 (A) 2010-03-01 466 466 S/L 7.0000        
STOVE B-7 (A) 2010-04-01 570 570 S/L 7.0000        
RANGE K-4(A) 2010-07-01 608 608 S/L 7.0000        
REFRIGERATOR E-5 (A) 2010-12-01 710 710 S/L 7.0000        
REFRIGERATOR E-4 (A) 2010-12-01 710 710 S/L 7.0000        
REFIRGERATOR D-1 (A) 2010-12-01 1,365 1,365 S/L 7.0000        
REFRIGERATOR F7 (A) 2010-12-01 1,365 1,365 S/L 7.0000        
STOVE D-3 (A) 2011-01-01 484 484 S/L 7.0000        
STOVE G2 (A) 2011-06-01 469 469 S/L 7.0000        
REFRIGERATOR G-2 (A) 2011-06-01 627 627 S/L 7.0000        
STOVE G7 (A) 2011-06-01 627 627 S/L 7.0000        
REFRIG G7 (A) 2011-06-01 552 552 S/L 7.0000        
REFIRG G4 (A) 2011-07-01 697 697 S/L 7.0000        
REFRIGERATOR J7 (A) 2011-07-01 627 627 S/L 7.0000        
STOVE G4 (A) 2011-07-01 504 504 S/L 7.0000        
STOVE E4 (A) 2011-07-01 444 444 S/L 7.0000        
STOVE D-2 (A) 2011-10-01 662 662 S/L 7.0000        
STOVE F-5 (A) 2011-12-01 603 603 S/L 7.0000        
STOVE E-6 (A) 2011-12-01 505 505 S/L 7.0000        
STOVE J4 (A) 2011-11-01 479 479 S/L 7.0000        
REFRIG J-4 (A) 2011-11-01 667 667 S/L 7.0000        
REF H-3 (A) 2011-09-01 672 672 S/L 7.0000        
REFR H6 (A) 2011-09-01 672 672 S/L 7.0000        
REF H-7 (A) 2011-09-01   671 S/L 7.0000        
HOTWATER HTR (A) 2011-01-01 1,595 1,595 S/L 7.0000        
AC H-8 (A) 2011-06-01 1,890 1,890 S/L 7.0000        
STOVE G8 (A) 2012-02-01 549 549 S/L 7.0000        
STOVE C-6 (A) 2012-05-01 505 505 S/L 7.0000        
REFR E-7 (A) 2012-05-01 683 683 S/L 7.0000        
REF J-8 (A) 2012-05-01 580 580 S/L 7.0000        
STOVE E-7 (A) 2012-05-01 558 558 S/L 7.0000        
STOVE F-1 (A) 2012-05-01 558 558 S/L 7.0000        
REFR G-5 (A) 2012-08-01 609 609 S/L 7.0000        
STOVE B-2 (A) 2012-10-01 541 541 S/L 7.0000        
REF B-2 (A) 2012-10-01 776 776 S/L 7.0000        
REF G-1 (A) 2012-11-01 630 630 S/L 7.0000        
STOVE C-8 (A) 2012-11-01 558 558 S/L 7.0000        
REF K-6 (A) 2013-01-01 658 658 S/L 7.0000        
REF K-5 (A) 2013-04-01 679 679 S/L 7.0000        
REF K7 (A) 2013-04-01 679 679 S/L 7.0000        
RANGE B-4 (A) 2013-04-01 583 583 S/L 7.0000        
REF F-8 (A) 2013-06-01 679 679 S/L 7.0000        
RANGE F-8 (A) 2013-06-01 583 583 S/L 7.0000        
REF B-4(A) 2013-06-01 658 658 S/L 7.0000        
MICRO COMMUNITY ROOM (A) 2013-11-01 201 201 S/L 7.0000        
RANGE COMMUNITY ROOM (A) 2013-11-01 567 567 S/L 7.0000        
AC CHASIS F-5 (A) 2013-08-01 2,400 2,400 S/L 7.0000        
AC CHASIS H7 (A) 2013-08-01 2,495 2,495 S/L 7.0000        
AC COMMUNITY ROOM (A) 2013-08-01 7,495 7,495 S/L 7.0000        
REF & STOVE H-4 (A) 2014-06-01 1,190 1,190 S/L 7.0000        
REF & STOVE J-5 (A) 2014-06-01 1,400 1,400 S/L 7.0000        
REF A-6 (A) 2014-06-01 630 630 S/L 7.0000        
REF & STOVE F-2 (A) 2014-07-01 1,098 1,098 S/L 7.0000        
REF & STOVE E-8 (A) 2014-07-01 1,068 1,068 S/L 7.0000        
STOVE A-6 (A) 2014-08-01 528 528 S/L 7.0000        
REF & STOVE H-5 (A) 2014-09-01 1,147 1,147 S/L 7.0000        
REFR F-6 (A) 2014-09-01 678 678 S/L 7.0000        
REF G-8 (A) 2014-12-01 595 595 S/L 7.0000        
REF & STOVE A-2 (A) 2014-12-01 1,248 1,248 S/L 7.0000        
AC E-6 (A) 2014-08-01 2,395 2,395 S/L 7.0000        
ELEC RANGE H-6 (A) 2015-01-01 548 548 S/L 7.0000        
ELECT RANGE A-4 (A) 2015-01-01 709 709 S/L 7.0000        
REFRIG H-8 (A) 2015-01-01 704 704 S/L 7.0000        
ELEC RANGE K-5 (A) 2015-04-01 535 535 S/L 7.0000        
REFRIG C-1 (A) 2015-03-01 629 629 S/L 7.0000        
ELEC RANGE C-1 (A) 2015-03-01 571 571 S/L 7.0000        
ELEC RANGE K-8 (A) 2015-09-01 518 481 S/L 7.0000 37 37    
ELEC RANGE G-1 (A) 2015-09-01 518 481 S/L 7.0000 37 37    
SPRINKLER SYSTEM (I) 1977-01-01 10,669 10,669 S/L 10.0000        
SPRINKLER SYSTEM (I) 1987-06-01 1,810 1,810 S/L 12.0000        
SPRINKLER SYSTEM (I) 1983-08-01 483 483 S/L 12.0000        
LANDSCAPING (I) 2000-08-01 9,229 9,229 S/L 12.0000        
DEEP WELL 2012 AVL NOT U (I) 2000-08-01 4,012 4,012 S/L 12.0000        
SPRINKLER SYSTEM (I) 2000-08-01 3,855 3,855 S/L 12.0000        
PAVING (I) 2003-08-01 17,965 17,367 S/L 20.0000 598 598    
PAVING K BLDG (I) 2010-10-01 6,685 4,095 S/L 20.0000 334 334    
SPRINKLER TO L&M (I) 2012-08-01 1,850 1,850 S/L 7.0000        
3-8 UNIT APT BLDGS (B) 1971-10-01 295,491 295,491 S/L 30.0000        
1-5 UNIT BLDG (B) 1973-01-01 131,988 131,988 S/L 30.0000        
1-8 UNIT BLDG (B) 1977-01-01 218,208 218,208 S/L 30.0000        
1-8 UNIT BLDG (B) 1981-10-01 234,628 234,628 S/L 35.0000        
1-8 UNIT BLDG (B) 1983-09-01 278,157 278,157 S/L 35.0000        
1-8 UNIT BLDG (B) 1983-01-01 1,672 1,672 S/L 35.0000        
1-8 UNIT BLDG H (B) 1986-11-01 260,426 260,426 S/L 35.0000        
1-8 UNIT BLDG H (B) 1987-11-01 6,065 6,065 S/L 35.0000        
BLDG H CARPORT (B) 1983-11-01 13,213 13,213 S/L 35.0000        
BLDG H CARPORT (B) 1987-11-01 5,811 5,811 S/L 35.0000        
BLDG J (B) 2005-06-01 354,538 354,538 S/L 31.5000        
BLDG J (B) 2005-06-01 17,726 17,726 S/L 12.0000        
K BUILDING (B) 1995-12-01 367,290 248,686 S/L 40.0000 9,182 9,182    
K BUILDING (B) 1996-06-01 48,043 48,043 S/L 10.0000        
ROOF C BLDG (B) 1999-08-01 13,800 13,800 S/L 27.5000        
1-8 UNIT BLDG (B) 2000-08-01 541,998 497,959 S/L 28.0000 19,358 19,358    
ROOF F BLDG (B) 2001-08-01 19,940 19,940 S/L 10.0000        
ROOF A B & D BLDG (B) 2002-08-01 43,200 43,200 S/L 10.0000        
CONTINUOUS GUTTER (B) 2003-06-01 6,167 6,167 S/L 10.0000        
1-8 UNIT BLDG M (B) 2006-09-01 627,742 385,066 S/L 27.5000 22,827 22,827    
LABOR BLDG M (B) 2007-01-01 22,000 12,768 S/L 27.5000 800 800    
CABINETS A-1 (B) 2008-05-01 5,657 5,657 S/L 10.0000        
EQUIPMENT BLDG (B) 2010-12-01 143,414 41,063 S/L 39.0000 3,677 3,677    
B-7 CABINETS (B) 2010-03-01 5,810 5,810 S/L 10.0000        
CABINETS B-1 (B) 2011-12-01 5,447 5,447 S/L 10.0000        
DUMPSTER PAD (B) 2012-08-01 2,925 2,826 S/L 10.0000 99 99    
CONCRETE SW (B) 2012-08-01 13,632 13,169 S/L 10.0000 463 463    
INSTAL B-1 CABINETS (B) 2012-01-01 2,722 2,630 S/L 10.0000 92 92    
B-3 CABINETS + INST (B) 2012-12-01 8,340 8,056 S/L 10.0000 284 284    
B-2 CABINETS + INST (B) 2012-09-01 8,069 7,795 S/L 10.0000 274 274    
E-7 K&B CNTR TOPS AND PNT (B) 2012-05-01 1,771 1,771 S/L 10.0000        
C-6 COUNTER TOPS PLUMB FIX (B) 2012-04-01 1,916 1,916 S/L 10.0000        
PAVING (B) 2014-09-01 73,384 60,552 S/L 10.0000 7,339 7,339    
REMODEL A-6 (B) 2014-12-01 12,040 9,740 S/L 10.0000 1,204 1,204    
CABINETS A-2 (B) 2014-12-01 7,407 5,992 S/L 10.0000 741 741    
REMODEL C-4 (B) 2015-06-01 6,888 5,166 S/L 10.0000 689 689    
INSTL CAB A (B) 2015-06-01 3,717 2,788 S/L 10.0000 372 372    
REMODEL B-4 (B) 2016-06-01 11,517 7,486 S/L 10.0000 1,152 1,152    
REMODEL D-C (B) 2018-08-01 16,737 8,787 S/L 10.0000 1,674 1,674    
REMODEL A-7 (B) 2018-08-01 14,144 7,425 S/L 10.0000 1,415 1,415    
REMODEL F-3 NET (B) 2018-08-01 15,086 7,845 S/L 10.0000 1,508 1,508    
REMODEL B-8 (B) 2018-03-01 20,794 9,877 S/L 10.0000 2,080 2,080    
REMODEL C-8 (B) 2018-04-01 21,925 9,516 S/L 10.0000 2,192 2,192    
REMODEL B-6 (B) 2018-10-01 23,191 9,670 S/L 10.0000 2,319 2,319    
REMODEL A-4 (B) 2019-03-01 19,409 7,279 S/L 10.0000 1,941 1,941    
REMODEL F-6 (B) 2019-03-01 8,890 3,334 S/L 10.0000 889 889    
REMODEL E8 (B) 2019-06-01 10,799 3,780 S/L 10.0000 1,080 1,080    
REMODEL D5 (B) 2019-06-01 24,004 8,401 S/L 10.0000 2,401 2,401    
REMODEL H-2 NET (B) 2019-09-01 4,833 1,611 S/L 10.0000 483 483    
REMODEL K-4 (B) 2019-10-01 13,857 4,393 S/L 10.0000 1,386 1,386    
REMODEL H-6 (B) 2019-10-01 6,828 2,164 S/L 10.0000 683 683    
LIGHTING UPGRADE (B) 2019-09-01 31,270 10,422 S/L 10.0000 3,127 3,127    
K BUILDING ROOF (B) 2019-07-01 30,094 10,262 S/L 10.0000 3,010 3,010    
K CARPORT ROOF (B) 2019-09-01 12,012 4,004 S/L 10.0000 1,201 1,201    
MITY LITE TABLES COMM RM (F) 2004-09-01 1,712 1,712 S/L 7.0000        
CARPET REPLACE (F) 2005-06-01 19,682 19,682 S/L 7.0000        
CARPET REPLACE (F) 2006-06-01 16,352 16,352 S/L 7.0000        
CARPET/VINYL F-8 (F) 2007-03-01 2,266 2,266 S/L 7.0000        
CARPET/VINYL C-4 & C-1 (F) 2007-07-01 1,652 1,652 S/L 7.0000        
NEW CABINETS (F) 2007-07-01 5,720 5,720 S/L 7.0000        
CARPET J-4(F) 2007-07-01 2,726 2,726 S/L 7.0000        
CARPET/VINYL C-3 (F) 2007-10-01 1,468 1,468 S/L 7.0000        
CARPET/VINYL (F) 2008-05-01 1,595 1,595 S/L 7.0000        
VINYL L-2 (F) 2008-06-01 868 868 S/L 7.0000        
CARPET/VINYL (F) 2008-08-01 2,112 2,112 S/L 7.0000        
CARPET/VINYL E-8(F) 2008-08-01 2,132 2,132 S/L 7.0000        
CARPET J-2 (F) 2008-10-01 1,974 1,974 S/L 7.0000        
CARPETING C-1 (F) 2008-11-01 1,237 1,237 S/L 7.0000        
CARPET/VINYL F-1 (F) 2009-05-01 2,103 2,103 S/L 7.0000        
CARPET G-1 (F) 2009-07-01 1,971 1,971 S/L 7.0000        
CARPET J-3 (F) 2009-08-01 1,971 1,971 S/L 7.0000        
CARPET/VINYL E-1 (F) 2009-10-01 3,046 3,046 S/L 7.0000        
CARPET/VINYL B-7 (F) 2010-03-01 2,446 2,446 S/L 7.0000        
CARPET & VINYL L-4 (F) 2010-06-01 3,208 3,208 S/L 7.0000        
CARPET & VINYL G-3 (F) 2010-08-01 2,906 2,906 S/L 7.0000        
CARPET & VINYL F-7 (F) 2010-12-01 2,806 2,806 S/L 7.0000        
CARPET & VINYL G2 & G7 (F) 2011-05-01 6,034 6,034 S/L 7.0000        
CARPET E-4 (F) 2011-07-01 2,171 2,171 S/L 7.0000        
CARPET J-7 (F) 2011-07-01 3,031 3,031 S/L 7.0000        
CARPET C-4 (F) 2011-08-01 921 921 S/L 7.0000        
CARPET F-5 (F) 2011-12-01 1,937 1,937 S/L 7.0000        
CARPET & VINYL J-4 (F) 2011-12-01 1,832 1,832 S/L 7.0000        
MITY LITE 41 CHAIRS COM RM (F) 2011-12-01 3,416 3,416 S/L 7.0000        
CARPET & VINYL B-1 (F) 2012-01-01 1,034 1,034 S/L 7.0000        
CARPET & VINYL E-7 (F) 2012-05-01 1,540 1,540 S/L 7.0000        
CARPET & VINYL B-2 (F) 2012-09-01 1,039 1,039 S/L 7.0000        
CARPET & VINYL C-8 (F) 2012-10-01 1,509 1,509 S/L 7.0000        
CARPET & VINYL D-2 (F) 2012-12-01 1,359 1,359 S/L 7.0000        
CARPET & VINYL B-3 (F) 2012-12-01 966 966 S/L 7.0000        
CARPET COMMUNITY RM (F) 2013-11-01 4,392 4,392 S/L 7.0000        
CARPET &VINYL J-5 (F) 2014-06-01 2,245 2,245 S/L 7.0000        
FLOOR COVER A-6 (F) 2014-09-01 1,500 1,500 S/L 7.0000        
FLOOR COVER K-7 (F) 2014-09-01 1,515 1,515 S/L 7.0000        
SHOWER RENOVATIONS (B) 2019-12-31 25,214 2,751 S/L 27.5000 916 916    
PLUMBING RENOVATIONS (B) 2019-12-31 5,133 560 S/L 27.5000 187 187    
FLOORING RENOVATIONS (B) 2019-12-31 17,231 14,474 S/L 5.0000 2,757 2,757    
CABINETS RENOVATIONS (B) 2019-12-31 20,195 16,964 S/L 5.0000 3,231 3,231    
BOSHER RENOVATIONS (B) 2019-12-31 4,629 3,889 S/L 5.0000 740 740    
LIGHTS RENOVATIONS (B) 2019-12-31 2,094 1,759 S/L 5.0000 335 335    
DRYWALL RENOVATIONS (B) 2019-12-31 2,210 241 S/L 27.5000 80 80    
CONSTRUCTION RENOVATIONS (B) 2019-12-31 11,914 1,300 S/L 27.5000 433 433    
IMPROVEMENTS RENOVATIONS (B) 2019-12-31 4,499 880 S/L 15.0000 300 300    
APPLIANCE RENOVATIONS (B) 2019-12-31 5,436 4,566 S/L 5.0000 870 870    
REFR C-6 (A) 2012-05-01 708 708 S/L 7.0000        
STOVE J-7 (A) 2012-07-01 567 567 S/L 7.0000        
RENOVATIONS (R) 2020-06-30 67,501 6,136 S/L 27.5000 2,455 2,455    
APPLIANCES K-1 (A) 2020-03-11 605 245 S/L 7.0000 86 86    
APPLIANCES A-8 (A) 2020-09-03 2,434 811 S/L 7.0000 348 348    
APPLIANCES C-5 (A) 2020-10-06 2,821 907 S/L 7.0000 403 403    
RANGE J-1 (A) 2020-12-03 528 157 S/L 7.0000 76 76    
RANGE C-3 (A) 2020-12-21 647 185 S/L 7.0000 92 92    
RANGE & FRIG A-1 (A) 2020-12-21 1,355 387 S/L 7.0000 194 194    
DISHWASHER GERRITS (A) 2020-08-14 594 205 S/L 7.0000 85 85    
APPLIANCES GERRITS (A) 2020-08-14 1,046 361 S/L 7.0000 150 150    
CARPETING H-6 (F) 2020-06-30 1,547 552 S/L 7.0000 221 221    
CARPETING K-4 (F) 2020-01-29 1,929 804 S/L 7.0000 275 275    
VINYL J-4 (F) 2020-03-25 2,045 803 S/L 7.0000 293 293    
FLOORING G-5 (F) 2020-06-04 2,188 808 S/L 7.0000 312 312    
FLOORING A-5 (F) 2020-07-31 3,659 1,263 S/L 7.0000 523 523    
FLOORING D-4 (F) 2020-12-15 1,609 479 S/L 7.0000 230 230    
FLOORING OTHER (F) 2020-06-30 4,748 1,696 S/L 7.0000 678 678    
LAND 1971-10-01 301,875              
CABINETS C-3 (R) 2021-01-07 6,797 1,942 S/L 7.0000 971 971    
KITCHEN REMODEL C-3 (R) 2021-02-01 4,387 1,201 S/L 7.0000 627 627    
VANITY E-3 (R) 2021-04-23 3,635 866 S/L 7.0000 519 519    
BUILDING CONCRETE (B) 2021-06-30 40,477 2,269 S/L 27.5000 1,472 1,472    
ROOF (B) 2021-07-22 48,215 2,557 S/L 27.5000 1,753 1,753    
APPLIANCES (DECKER & SONS) (A) 2021-09-09 633 121 S/L 7.0000 90 90    
OFFICE COMPUTER (O) 2021-04-29 1,133 378 S/L 5.0000 226 226    
APPLIANCES J-2 J-7 J-8 M-7 (A) 2021-06-30 7,894 1,692 S/L 7.0000 1,127 1,127    
FURNISHINGS C-3 H-1 H-8 B-3 (F) 2021-06-30 13,279 2,845 S/L 7.0000 1,897 1,897    
FIRE PROS (B) 2021-02-28 3,989 266 S/L 27.5000 145 145    
EAVESTROUGHS (B) 2021-07-08 1,975 105 S/L 27.5000 72 72    
SHOWER RENOVATIONS (B) 2021-06-30 23,915 1,304 S/L 27.5000 870 870    
A-3 CUPBOARDS (R) 2022-09-07 10,008 477 S/L 7.0000 1,429 1,429    
ROOFING (BLDG E) 2022-05-31 61,270 1,300 S/L 27.5000 2,228 2,228    
NEW STOVE (A) 2022-01-26 769 101 S/L 7.0000 110 110    
FRIDGE 1999 (A) 2022-06-02 2,854 238 S/L 7.0000 408 408    
MICROWAVES (3) (A) 2022-09-07 2,761 131 S/L 7.0000 395 395    
STOVE A-3 (A) 2022-10-10 3,400 121 S/L 7.0000 486 486    
REFRIGERATOR K-2 (A) 2022-11-08 2,417 58 S/L 7.0000 345 345    
STOVE C-4 (A) 2022-12-01 884 11 S/L 7.0000 126 126    
FLOORING L1 (F) 2022-05-10 2,797 266 S/L 7.0000 400 400    
FLOORING L-5 (F) 2022-06-23 3,278 234 S/L 7.0000 468 468    
FLOORING G-4 (F) 2022-08-19 2,846 136 S/L 7.0000 406 406    
FLOORING/VINYL H-5 (F) 2022-09-20 1,120 40 S/L 7.0000 160 160    
FLOORING A-3 (F) 2022-10-13 5,778 206 S/L 7.0000 826 826    
FLOORING K-2 (F) 2022-10-21 1,981 47 S/L 7.0000 283 283    
FLOORING H-4 (F) 2022-11-08 1,126 27 S/L 7.0000 161 161    
FLOORING K-3 (F) 2022-12-30 1,979   S/L 7.0000 283 283    
CABINETS L-1 (R) 2022-06-16 1,558 111 S/L 7.0000 223 223    
VANITY G-4 (R) 2022-09-20 2,115 76 S/L 7.0000 302 302    
CABINETRY A-3 (R) 2022-10-10 10,515 376 S/L 7.0000 1,502 1,502    
PLUMBING M-1 (B) 2022-03-10 5,257 159 S/L 27.5000 191 191    
PLUMBING/SHOWER RENOVATIONS (B) 2022-07-15 25,902 471 S/L 27.5000 942 942    
THERMOSTATS (B) 2022-12-01 6,942 83 S/L 7.0000 991 991    
SHOWER RENOVATIONS G-4 (B) 2022-12-01 4,445 13 S/L 27.5000 162 162    
ROOF (BLDG D) 2023-08-15 29,375   S/L 39.0000 282 282    
ROOF (BLDG A) 2023-11-06 29,050   S/L 39.0000 93 93    
REFRIGERATOR (K-3) 2023-01-12 1,663   S/L 7.0000 238 238    
APPLIANCE (C-2) 2023-01-26 1,997   S/L 7.0000 262 262    
REFRIGERATOR (K-1) 2023-02-16 884   S/L 7.0000 105 105    
DISHWASHER (L-8) 2023-03-30 644   S/L 7.0000 69 69    
REFRIGERATOR (J-6) 2023-09-06 791   S/L 7.0000 38 38    
STOVE J-6 2023-09-26 814   S/L 7.0000 29 29    
MICROWAVES (M5 & E7) 2023-10-19 1,466   S/L 7.0000 35 35    
REFRIGERATOR (E-7) 2023-11-08 799   S/L 7.0000 19 19    
STOVE G-7 2023-11-30 1,157   S/L 7.0000 14 14    
REFRIGERATOR (G-7) 2023-12-11 868   S/L 7.0000 10 10    
CARPET (C-2) 2023-01-26 1,234   S/L 7.0000 162 162    
CARPET (E-2) 2023-08-15 2,091   S/L 7.0000 124 124    
CARPET (E-7) 2023-11-08 3,517   S/L 7.0000 84 84    
CARPET (ACTIVITY ROOM) 2023-11-30 7,101   S/L 7.0000 85 85    
CABINETS (C-2) 2023-01-10 10,831   S/L 7.0000 1,547 1,547    
REMODEL (C-2) 2023-01-26 6,042   S/L 7.0000 791 791    
SIDEWALK UPGRADE 2023-07-17 24,080   S/L 15.0000 669 669    
CARPET (VARIOUS) 2023-08-22 2,831   S/L 7.0000 135 135    
CABINETS (E-7) 2023-11-30 1,382   S/L 7.0000 16 16    
SHOWER (C-2 WALKIN) 2023-01-26 5,135   S/L 7.0000 672 672    
SHOWER (E2) 2023-08-16 6,669   S/L 7.0000 318 318    
FURNACE (H6) 2023-10-19 5,965   S/L 7.0000 142 142    

TY 2023 LandEtcSchedule2
Name:
LOWELL AREA HOUSING INC
 
DBA SCHNEIDER MANOR
EIN:
38-1945437
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FIXED ASSETS 5,045,978 3,899,756 1,146,222  
LAND 301,875   301,875  


TY 2023 OtherExpensesSchedule
Name:
LOWELL AREA HOUSING INC
 
DBA SCHNEIDER MANOR
EIN:
38-1945437
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
ADVERTISING 476 476    
OFFICE SUPPLIES 4,141 4,141    
SUPPLIES 1,490 1,490    
TENANT MEMORIALS 120 120    
BANK SERVICE CHARGES 270 270    
TELEPHONE 2,761 2,761    
TRASH REMOVAL 13,994 13,994    
UTILITIES 119,910 119,910    
INSURANCE 36,123 36,123    
REPAIRS & MAINTENANCE 46,900 46,900    
GROUNDS CARE 14,378 14,378    


TY 2023 OtherIncomeSchedule2
Name:
LOWELL AREA HOUSING INC
 
DBA SCHNEIDER MANOR
EIN:
38-1945437
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
BUILDING RENTS-SENIOR CITIZEN 501,865 501,865 501,865
TENANT REIMBURSEMENTS 1,111 1,111 1,111


TY 2023 OtherLiabilitiesSchedule
Name:
LOWELL AREA HOUSING INC
 
DBA SCHNEIDER MANOR
EIN:
38-1945437
Description Beginning of Year - Book Value End of Year - Book Value
SECURITY DEPOSITS 25,751 27,357


TY 2023 OtherProfessionalFeesSchedule
Name:
LOWELL AREA HOUSING INC
 
DBA SCHNEIDER MANOR
EIN:
38-1945437
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROF'L FEES 1,000 1,000