Leisure Living Apartments Inc

Organization Overview

Leisure Living Apartments Inc is located in South Bend, IN. The organization was established in 1982. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leisure Living Apartments Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Leisure Living Apartments Inc generated $237.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $195.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LEISURE LIVING APARTMENTS, INC. WAS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION TO OWN AND OPERATE TWO APARTMENT PROJECTS FOR LOW INCOME FAMILIES IN MILFORD, INDIANA. PHASE I HAS 16 UNITS AND PHASE II HAS 16 UNITS. THE CORPORATION'S MORTGAGE LOANS WERE PROVIDED THROUGH THE RURAL DEVELOPMENT, DEPARTMENT OF AGRICULTURE, UNDER SECTION 515 OF THE HOUSING ACT OF 1949.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LEISURE LIVING APARTMENTS, INC. WAS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION TO OWN AND OPERATE TWO APARTMENT PROJECTS FOR LOW INCOME FAMILIES IN MILFORD, INDIANA. PHASE I HAS 16 UNITS AND PHASE II HAS 16 UNITS. THE CORPORATION'S MORTGAGE LOANS WERE PROVIDED THROUGH THE RURAL DEVELOPMENT, DEPARTMENT OF AGRICULTURE, UNDER SECTION 515 OF THE HOUSING ACT OF 1949.


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Board, Officers & Key Employees

Name (title)Compensation
John Pritz
Vice President
$0
Brenda Peterson
Secretary-Treasurer
$0
Dee Kinney
President
$0
Charlotte Siegfried
Director
$0
Tessa Doll
Director
$0
Vickie Kuhl
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $114,354
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$114,354
Total Program Service Revenue$121,442
Investment income $53
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 $237,308

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