Carmel Oaks Of Lakewood

Organization Overview

Carmel Oaks Of Lakewood is located in Omaha, NE. The organization was established in 2002. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Carmel Oaks Of Lakewood 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 11/2020, Carmel Oaks Of Lakewood generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $6.4m during the year ending 11/2020. While expenses have increased by 27.8% per year over the past 5 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE RESIDENTIAL HOUSING AND OTHER FACILITIES TO THE ELDERLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE RESIDENTIAL HOUSING AND OTHER FACILITIES TO THE ELDERLY.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Carson
President
$0
Lolly Pittman
Vice President
$0
Frankie Pane
Treasurer
$0
Charla Waggoner
Secretary
$0
Sandra Reynolds
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$89,893
Investment income $6
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,456,645
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,546,544

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