West Lakes Partnership Inc
- Assets
- $275.2k
- Revenue
- $408.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Orlando, FL
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 81-0876563
Organization Overview
West Lakes Partnership Inc is located in Orlando, FL. The organization was established in 2016. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Lakes Partnership 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 12/2023, West Lakes Partnership Inc generated $408.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.6% each year . All expenses for the organization totaled $445.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
REFER TO SCHEDULE OWEST LAKES PARTNERSHIP IS DEDICATED TO PRESERVING FAMILY HOUSING IN THE FIVE NEIGHBORHOODS (ROCK LAKE, LAKE LORNA DOONE, LAKE SUNSET, BUNCHE MANOR/HOLLANDO, AND CLEAR LAKE COVE) NEAR CAMPING WORLD STADIUM IN ORLANDO, FLORIDA. WE ARE COMMITTED TO TRANSFORMING OUR NEIGHBORHOODS INTO CLEAN, HEALTHY, SAFE COMMUNITIES WHERE RESIDENTS CAN THRIVE. WE HOPE THIS MISSION RESONATES WITH YOU AS IT DOES WITH US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEST LAKES PARTNERSHIP, BELIEVES THAT TRANSFORMATIONAL DEVELOPMENT IS ACHIEVED BY SERVING ALL RESIDENTS FROM HIGHEST TO THE LOWEST ECONOMIC TIERS OF OUR NEIGHBORHOOD. ONLY THROUGH THIS APPROACH, CAN OUR NEIGHBORHOOD TRULY HEAL AND MOVE FORWARD. WE AIM TO LIFT THE LIVES OF OUR NEIGHBORS IN WEST LAKES BY ADDRESSING THE VARIOUS YET INTERCONNECTED ASPECTS OF OUR PEOPLES' LIVES. THE WEST LAKES ARTS AND BEAUTIFICATION INITIATIVE (INCLUDES RESIDENTIAL PAINT PROGRAM) ACCOMPLISHED PAINTING 15 HOMES IN THE NEIGHBORHOOD. THE RECLAIMING THE DREAM HOUSING REHAB PROGRAM ACCOMPLISHED THE SUCCESSFUL REHAB AND SELL OF ANOTHER ABANDONED HOME IN THE WEST LAKES NEIGHBORHOOD. THE WEST LAKES CREDIT REPAIR HELPED 20 RESIDENTS INCREASE THEIR CREDIT SCORES THUS FREEING THEM TO LIVE LIFE WITHIN A BUDGET AND MORE ABUNDANTLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Brewer Chairman | OfficerTrustee | 0.5 | $0 |
Shirley Bradley Treasurer | OfficerTrustee | 0.5 | $0 |
Faye Coleman Secretary | OfficerTrustee | 0.5 | $0 |
Chandele Garrison Director | Trustee | 0.5 | $0 |
Bernadette Davis Director | Trustee | 0.5 | $0 |
Crystal Priester Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $207,328 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,875 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $397,203 |
| Total Program Service Revenue | $0 |
| 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 | $408,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,080 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $106,165 |
| Compensation of current officers, directors, key employees. | $106,165 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,389 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $400 |
| Fees for services: Accounting | $19,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,943 |
| Advertising and promotion | $8,256 |
| Office expenses | $3,660 |
| Information technology | $1,814 |
| Royalties | $0 |
| Occupancy | $10,676 |
| Travel | $1,259 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,226 |
| Interest | $716 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,841 |
| All other expenses | $41,697 |
| Total functional expenses | $445,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $375 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $97,800 |
| 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 | $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 | $177,062 |
| Total assets | $275,237 |
| Accounts payable and accrued expenses | $5,544 |
| 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 | $183,421 |
| Other liabilities | $0 |
| Total liabilities | $188,965 |
| Net assets without donor restrictions | $86,272 |
| 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 | $275,237 |