Lincoln Senior Housing Inc

Organization Overview

Lincoln Senior Housing Inc, operating under the name Hallock's Landing, is located in Derby, CT. The organization was established in 2003. 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. Hallock's Landing 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 12/2023, Hallock's Landing generated $607.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $624.7k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP AND OPERATE A 34-UNIT ELDERLY HOUSING PROJECT UNDER THE PROVISIONS OF HUD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATE A 34-UNIT AFFORDABLE APARTMENT COMMUNITY FOR RESIDENTS AGED 62 OR OLDER IN DERBY, CONNECTICUT.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Knoll
Board President
$0
Barbara Libby
Board Vice President
$0
Nancy Valentine
Board Treasurer
$0
Laura Wabno
Board Secretary
$0
Beth Colette
Board Member (as Of 11/2023)
$0
Elaine Marcucio
Board Member
$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$20,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,000
Total Program Service Revenue$583,055
Investment income $64
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 $607,001

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