Lakemary Center Homes Inc
- Assets
- $453.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paola, KS
- Founding
- 05/1985
- Data as of
- 06/2021
- EIN
- 48-0998491
Organization Overview
Lakemary Center Homes Inc is located in Paola, KS. The organization was established in 1985. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Lakemary Center Homes 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 06/2021, Lakemary Center Homes Inc generated $167.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $137.8k during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
OPERATION OF HOUSING FOR ADULTS WITH INTELLECTUAL OR DEVELOPMENTAL DISABILITIES THROUGH HUD PROJECT-BASED SECTION 8 SUBSIDIES UNDER EQUAL HOUSING OPPORTUNITY GUIDELINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold Mitts Jr Director | 0.5 | $0 | |
Mike Everett Director | 0.5 | $0 | |
Gary Weinberg Director | 0.5 | $0 | |
Tommy Elms Director | 0.5 | $0 | |
Paul Sokoloff Director | 0.5 | $0 | |
Nancy Lusk Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $165,652 |
| Membership dues | $0 |
| Investment income | $135 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,680 |
| Total Revenue | $167,467 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $137,750 |
| Total expenses | $137,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,444 |
| Other assets | $0 |
| Total assets | $453,815 |
| Total liabilities | $174,308 |
| Net assets or fund balances | $279,507 |
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