Low Income Family Empowerment Inc
- Assets
- $369.2k
- Revenue
- $78.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Westminster, CO
- Founding
- 06/2008
- Data as of
- 12/2023
- EIN
- 26-1349896
Organization Overview
Low Income Family Empowerment Inc, operating under the name Maiker Housing Partners Fund, is located in Westminster, CO. The organization was established in 2008. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Maiker Housing Partners Fund 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 12/2023, Maiker Housing Partners Fund generated $78.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $207.7k during the year ending 12/2023. 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
SUPPORTIVE SERVICES FOR LOW INCOME INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022 MAIKER HOUSING PARTNERS FUND (MHP FUND) RECEIVED A 3 YEAR GRANT FROM THE COLORADO HEALTH FOUNDATION TO CREATE SOUTHWEST ADAMS COUNTY COLLABORATIVE TRAINING & COMMUNITY ORGANIZING INSTITUTE. ITS PURPOSE IS TO DEVELOP AND STRENGTHEN LONG-TERM COMMUNITY RESILIENCE AND ORGANIZING CAPACITY BY WORKING WITH SOUTHWEST ADAMS COUNTY COMMUNITIES TO ADDRESS THE RACIAL AND SOCIAL INEQUITIES THAT EXIST FOR COMMUNITIES OF COLOR AND THOSE LIVING IN POVERTY. WHILE FUNDING CAME IN LATE 2022 THE PROGRAM STARTED IN 2023.IN 2023, MHP FUND ALSO RECEIVED $2,000 FROM DENVER FOUNDATION FOR TECHNICAL ASSISTANCE AND $40,000 FROM CO CENTER ON LAW AND POLICY FOR FAMILY AND COMMUNITY VITALITY PROGRAM VOICES FOR ACTION.
THE COMMUNITY GARDEN PROJECT -STARTED IN 2021, THE COMMUNITY GARDEN PROJECT INCLUDES 21 PLANTER BOXES IN A QUARTER ACRE PLOT AND IS FUNDED, RUN, AND MANAGED BY MAIKER HOUSING PARTNER RESIDENTS. AT THE END OF EACH SEASON THEY HOLD A HARVEST FESTIVAL SHARING THE PRODUCE AND RECIPES AMONG COMMUNITY MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Lifari Board President | OfficerTrustee | 0.1 | $0 |
Hannah Brown Board Member | Trustee | 0.1 | $0 |
Veronica Perez Board Member | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,888 |
| Total Program Service Revenue | $0 |
| Investment income | $11,284 |
| 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 | $78,172 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $245 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,111 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $964 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,150 |
| All other expenses | $0 |
| Total functional expenses | $207,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,701 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $130,781 |
| Accounts receivable, net | $0 |
| 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 | $1,727 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $369,209 |
| Accounts payable and accrued expenses | $3,023 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $33,095 |
| Other liabilities | $50,720 |
| Total liabilities | $86,838 |
| Net assets without donor restrictions | $279,871 |
| Net assets with donor restrictions | $2,500 |
| 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 | $369,209 |