Lauderdale Senior Services Inc
- Assets
- $2.6m
- Revenue
- $990.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Tupelo, MS
- Founding
- 11/1983
- Data as of
- 12/2022
- EIN
- 64-0678962
Organization Overview
Lauderdale Senior Services Inc is located in Tupelo, MS. The organization was established in 1983. 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. Lauderdale Senior Services 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 12/2022, Lauderdale Senior Services Inc generated $990.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 13.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LAUDERDALE SENIOR SERVICES, INC.'S MISSION IS TO PROVIDE HOUSING AND PERSONAL CARE SERVICES TO THE ELDERLY OR DISABLED IN THE SPIRIT OF CHRISTIAN LOVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAUDERDALE SENIOR SERVICES IS THE HOUSING CHOICE FOR SOME OF THE MOST ACTIVE OLDER ADULTS IN THE MERIDIAN, MISSISSIPPI AREA. DEDICATED TO SERVING OLDER ADULTS IN THE SPIRIT OF CHRISTIAN LOVE. THE EXPERIENCED STAFF MAKES LAUDERDALE SENIOR SERVICES A HOME WHERE RESIDENTS CAN TRULYENJOY THEIR RETIREMENT WITH SOME OF THE BEST NEIGHBORS IN TOWN. LAUDERDALE SENIOR SERVICES, INC. HAS SIXTY APARTMENTS THAT OFFER GOVERNMENT ASSISTANCE TO THOSE WHO QUALIFY THROUGH A SECTION 8/202 HUD PROGRAM. RENT RATES ARE BASED ON AN INDIVIDUAL'S PERSONAL INCOME/ASSETS AND MEDICAL EXPENSES. LAUDERDALE SENIOR SERVICES OFFER RECREATIONAL, EDUCATIONAL, AND CULTURAL PROGRAMS ON A DAILY BASIS. THE PASTORAL CARE PROGRAM ENSURES THAT RESIDENTS' EMOTIONAL AND SPIRITUAL NEEDS ARE MET WHILE AN EMERGENCY CALL SYSTEM AND SCHEDULED TRANSPORTATION TO A RESIDENT'S DOCTOR OR SHOPPING FOR GROCERIES HELPS MAINTAIN PHYSICAL WELLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Mcalillly President/ceo | OfficerTrustee | 1 | $0 |
Christie Vance Vice President/coo | OfficerTrustee | 1 | $0 |
Robyn Stephens Executive Director | OfficerTrustee | 13.33 | $0 |
Otis Gowdy Board Member | Trustee | 0.25 | $0 |
Leslie Dunn Board Member | Trustee | 0.25 | $0 |
Tony Fouts Board Member | Trustee | 0.25 | $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 | $966,842 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $23,744 |
| 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 | $990,586 |
| 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 | $501,685 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,733 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $394,126 |
| Advertising and promotion | $7,260 |
| Office expenses | $16,868 |
| Information technology | $9,957 |
| Royalties | $0 |
| Occupancy | $121,194 |
| Travel | $410 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $112,754 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,902 |
| Insurance | $11,089 |
| All other expenses | $2,704 |
| Total functional expenses | $1,497,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,745 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,146 |
| 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 | $4,237 |
| Net Land, buildings, and equipment | $1,574,407 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $851,981 |
| Total assets | $2,611,516 |
| Accounts payable and accrued expenses | $9,454 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,172,636 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $180,897 |
| Total liabilities | $3,362,987 |
| Net assets without donor restrictions | -$751,471 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,611,516 |