Lake Street Housing Corporation
- Assets
- $140.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 06/1998
- Data as of
- 12/2021
- EIN
- 03-0357141
Organization Overview
Lake Street Housing Corporation is located in Burlington, VT. The organization was established in 1998. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Street Housing Corporation 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 12/2021, Lake Street Housing Corporation generated $68.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $79.2k during the year ending 12/2021. While expenses have increased by 2.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE DECENT AFFORDABLE HOUSING TO THE ELDERLY AND LOW TO MODERATE INCOME PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Lenes Director | 1 | $0 | |
Antoinette Bennett-Jones Director | 1 | $0 | |
John Olson Director | 1 | $0 | |
Ian Boyd Director | 1 | $0 | |
Rachyl Phillips Director | 1 | $0 | |
Jeff Smith Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,266 |
| Total Program Service Revenue | $28,659 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13 |
| Total Revenue | $68,938 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,200 |
| Occupancy, rent, utilities, and maintenance | $38,231 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,739 |
| Total expenses | $79,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,710 |
| Other assets | $0 |
| Total assets | $140,065 |
| Total liabilities | $12,585 |
| Net assets or fund balances | $127,480 |
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