Lulac West Park Apartments
- Assets
- $1.5m
- Revenue
- $689.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 00/0000
- Data as of
- 06/2016
- EIN
- 74-1677403
Organization Overview
Lulac West Park Apartments is located in Corpus Christi, TX. The organization was established in 0000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW-INCOME HOUSING TO THOSE INDIVIDUALS IN NEED OF PUBLIC HOUSING ASSISTANCE AS REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LOW-INCOME HOUSING TO THOSE INDIVIDUALS IN NEED OF PUBLIC HOUSING ASSISTANCE AS REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING ANE URBAN DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rudolfo Medina Treasurer | Officer | 5 | $2,375 |
William D Bonilla Sr Secretary | Officer | 5 | $2,375 |
Adolfo Escobedo Director | Trustee | 5 | $2,375 |
Gonzalo Tamez Director | Trustee | 5 | $2,375 |
Filiberto Garcia Director | Trustee | 5 | $2,375 |
Fernando Canseco Chairman | Officer | 5 | $2,250 |
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 | $689,882 |
| Investment income | $0 |
| 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 | $689,882 |
| 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. | $14,125 |
| 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 | $0 |
| Fees for services: Legal | $2,800 |
| Fees for services: Accounting | $1,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,281 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,700 |
| All other expenses | $0 |
| Total functional expenses | $52,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $670,036 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $502,456 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $350,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,522,492 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $1,522,492 |
| 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 | $1,522,492 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Merced Housing Texas San Antonio, TX | $50,611,683 | $9,858,961 |
Trinity Affordable Housing Corporation Austin, TX | $27,521,509 | $8,167,693 |
Assisting Texas With Housing Inc Austin, TX | $21,990,420 | $4,581,783 |
Dallas Neighborhood Alliance For Habitat Dallas, TX | $1,401,689 | $4,975,573 |
Tierra Del Sol Housing Corporation Las Cruces, NM | $16,041,382 | $6,574,879 |
Louisiana Housing Assistance Corporation Alexandria, LA | $350,109 | $3,738,733 |
Affordable Community Housing Trust Edmond, OK | $6,149,448 | $2,689,134 |
Lago De Plata Inc Dallas, TX | $0 | $4,971,984 |
St Jude Inc Dallas, TX | $20,844,887 | $6,967,988 |
St Martin De Porres Inc Dallas, TX | $5,546,092 | $2,713,631 |
American Agape Foundation Inc San Antonio, TX | $16,088,776 | $3,043,665 |
Yes Housing Of Arizona Inc Albuquerque, NM | $521,637 | $1,757,878 |