Lapuente Home Incorporated
- Assets
- $7.6m
- Revenue
- $19.4m
- Investments
- $0.0
- Employees
- 97
- Location
- Alamosa, CO
- Founding
- 03/1982
- Data as of
- 06/2022
- EIN
- 74-2224631
Organization Overview
Lapuente Home Incorporated is located in Alamosa, CO. The organization was established in 1982. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Lapuente Home Incorporated employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lapuente Home Incorporated 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 06/2022, Lapuente Home Incorporated generated $19.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $13.6m during the year ending 06/2022. While expenses have increased by 27.7% per year over the past 7 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
PROVIDE FOOD AND SHELTER TO THE HOMELESS AND POOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FOOD, SHELTER AND OTHER AID TO THE HOMELESS AND POOR AND OTHER SERVICES TO ENABLE THEM TO TRANSITION FROM POVERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance Cheslock Executive Director | Officer | 40 | $89,067 |
Rochelle Ruark Chief Financial Officer | Officer | 40 | $63,083 |
Judy Mcneilsmith Chief Operating Officer | Officer | 40 | $64,310 |
Helen Lester President | OfficerTrustee | 1 | $0 |
Janet Camp Treasurer | OfficerTrustee | 1 | $0 |
Elise Rudolph Board Of Directors | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,145,672 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,227,678 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,373,350 |
| Total Program Service Revenue | $0 |
| Investment income | $881 |
| 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 | $19,374,231 |
| 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 | $2,118,382 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $114,087 |
| Payroll taxes | $193,449 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,755 |
| Advertising and promotion | $0 |
| Office expenses | $254,441 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $250,828 |
| Travel | $74,750 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,664 |
| All other expenses | $276,935 |
| Total functional expenses | $13,618,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,769,361 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $524,477 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $89,961 |
| Prepaid expenses and deferred charges | $1,257 |
| Net Land, buildings, and equipment | $154,440 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,577 |
| Total assets | $7,550,073 |
| Accounts payable and accrued expenses | $188,852 |
| Grants payable | $0 |
| Deferred revenue | $553,997 |
| 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 | $742,849 |
| Net assets without donor restrictions | $1,391,781 |
| Net assets with donor restrictions | $5,415,443 |
| 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 | $7,550,073 |