Lutheran Housing Association For The Elderly Of The V I Inc

Organization Overview

Lutheran Housing Association For The Elderly Of The V I Inc, operating under the name Flambouyant Gardens Apartments, is located in Frederiksted, VI. The organization was established in 1984. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Flambouyant Gardens Apartments 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 09/2021, Flambouyant Gardens Apartments generated $912.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $1.5m during the year ending 09/2021. While expenses have increased by 10.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE 56 SUBSIDIZED LOW INCOME APARTMENTS AND SUPPORTIVE SERVICES TO LOW AND MODERATE INCOME SENIORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE LOW-INCOME HOUSING AND SUPPORTIVE SERVICES TO 56 SENIORS FROM RENT SUBSIDIES RECEIVED FROM HUD. SUPPORTIVE SERVICES ASSIST TENANTS IN ACCESSING OTHER SERVICES OFFERED BY THE LOCAL AND FEDERAL GOVERNMENT. THE MANAGING AGENTY ALSO PROVIDES SUPPORTIVE SERVICES AND LIMITED NURSING SERVICES FUNDED BY THE AMERICORPS GRANT AND DONATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Maxine Moorhead
Treasurer
$0
Robert Wakefield
President
$0
Tracy Sanders
Secretary
$0
Junia John-Straker
Lssvi CEO
$0
Ferryneisa Benjamin
Board Member
$0
Ronald Russell ESQ
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
O Reilly Plumbing & Construction
Construction
$1,118,288
Antillean Engineers Incorporated
Construction
$120,900
Lutheran Social Services Management Agent For Property
Property Mgt
$390,473
View All Vendors

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$794,065
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$794,065
Total Program Service Revenue$8,117
Investment income $1,652
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $108,544
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 $912,378

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