Lincoln Forum CO Essex Corporation
- Assets
- $4.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 08/1995
- Data as of
- 04/2017
- EIN
- 47-0786154
Organization Overview
Lincoln Forum CO Essex Corporation is located in Omaha, NE. The organization was established in 1995. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. Lincoln Forum CO Essex 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 04/2017, Lincoln Forum CO Essex Corporation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $801.1k during the year ending 04/2017. While expenses have increased by 1.4% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING, MEALS, AND OTHER FACILITIES FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING, MEALS, AND OTHER FACILITIES FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darwin Wassman President/treas | OfficerTrustee | 1 | $0 |
Gay Gallup President | OfficerTrustee | 1 | $0 |
David Bryan Director | Trustee | 1 | $0 |
Nancy Deany VP & Secretary | OfficerTrustee | 1 | $0 |
Kirk Schlueter Director | Trustee | 1 | $0 |
Darwin Hanneman Director | Trustee | 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 | $62,650 |
| Noncash contributions included in lines 1a–1f | $62,510 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,650 |
| Total Program Service Revenue | $834,062 |
| Investment income | $731 |
| 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 | $1,054,218 |
| 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 | $37,178 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,813 |
| Advertising and promotion | $44,136 |
| Office expenses | $5,940 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $200,125 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,444 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $198,624 |
| Insurance | $31,230 |
| All other expenses | $4,729 |
| Total functional expenses | $801,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,797 |
| Savings and temporary cash investments | $263,602 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,905 |
| 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 | $12,751 |
| Net Land, buildings, and equipment | $3,654,021 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $39,446 |
| Other assets | $43,757 |
| Total assets | $4,309,279 |
| Accounts payable and accrued expenses | $187,612 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,524,412 |
| 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 | $0 |
| Other liabilities | $2,148,138 |
| Total liabilities | $3,860,162 |
| Unrestricted restricted net Assets | $449,117 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $449,117 |