Lemmon Prairie Pine Apartments Inc is located in Lemmon, SD. The organization was established in 2002. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lemmon Prairie Pine Apartments 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 09/2023, Lemmon Prairie Pine Apartments Inc generated $78.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $70.9k during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
LEMMON PRAIRIE PINE APARTMENTS HAS ELEVEN UNITS AVAILABLE FOR LOW INCOME HOUSING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Peterson Director | 1 | $0 | |
Susan Gunn Director | 1 | $0 | |
Kory Odenbach Director | 1 | $0 | |
Tim Heil Director | 1 | $0 | |
Kori Dauwen Secretary | 1 | $0 | |
Travis Maier President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,878 |
Total Program Service Revenue | $52,916 |
Membership dues | $0 |
Investment income | $1,362 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,769 |
Total Revenue | $78,925 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,522 |
Professional fees and other payments to independent contractors | $9,897 |
Occupancy, rent, utilities, and maintenance | $51,748 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,700 |
Total expenses | $70,867 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $61,468 |
Other assets | $0 |
Total assets | $301,333 |
Total liabilities | $486,111 |
Net assets or fund balances | -$184,778 |