L & S Housing Corporation
- Assets
- $352.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Snyder, NE
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 91-1819969
Organization Overview
L & S Housing Corporation is located in Snyder, NE. The organization was established in 1998. 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. L & S Housing Corporation 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 12/2022, L & S Housing Corporation generated $56.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $53.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE IS TO PROVIDE SUBSIDIZED LOW AND VERY LOW-INCOME APARTMENT RENTAL HOUSING FOR FAMILIES (OR PERSONS) AND/OR DISABLED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lowene Hasemann President | 0.05 | $0 | |
Calvin Liermann Vice President | 0.05 | $0 | |
Cindy Kreikemeier Secretary | 0.05 | $0 | |
Mike Burger Director | 0.05 | $0 | |
Janelle Fisher Director | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,270 |
| Total Program Service Revenue | $46,077 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $941 |
| Total Revenue | $56,288 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,897 |
| Occupancy, rent, utilities, and maintenance | $50,561 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $53,458 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,045 |
| Other assets | $0 |
| Total assets | $352,223 |
| Total liabilities | $158,629 |
| Net assets or fund balances | $193,594 |