L W Fraser Independent Living Project Ii Inc

Organization Overview

L W Fraser Independent Living Project Ii Inc is located in Minneapolis, MN. The organization was established in 1989. According to its NTEE Classification (P73) the organization is classified as: Group Homes, 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. L W Fraser Independent Living Project Ii Inc 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, L W Fraser Independent Living Project Ii Inc generated $372.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $358.1k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE AN APARTMENT COMPLEX FOR PERSONS WITH DEVELOPMENTAL DISABILITIES AND VERY LOW INCOME IN BLOOMINGTON, MINNESOTA, AS HUD PROJECT NO. 092-11228.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUBSIDIZED APARTMENT BUILDING PROGRAM SERVING HIGH FUNCTIONING ADULTS WITH DEVELOPMENTAL DISABILITIES LIVING IN THIRTY APARTMENT UNITS.


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Board, Officers & Key Employees

Name (title)Compensation
Diane Cross
Ceo/secretary/vice Chair
$1,166
Peter Robb
Vice Chair/treasurer
$0
Dr Armantina Espinosa
Board Member
$0
Keith Klein
Board Chair
$0
Rick Ferris
Vice Chair
$0
Randy Pattee
Vice Chair
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$371,374
Investment income $244
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 $372,937

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