L A R C Housing Corporation
- Assets
- $248.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saugus, CA
- Founding
- 02/1994
- Data as of
- 06/2022
- EIN
- 95-4456854
Organization Overview
L A R C Housing Corporation is located in Saugus, CA. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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 A R C 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 06/2022, L A R C Housing Corporation generated $51.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $63.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 2 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
THESE DEVELOPMENTALLY DISABLED ADULTS PARTICIPATE IN DAY PROGRAMS, OR, IF ABLE, WORK IN THE COMMUNITY IN VARIOUS JOBS AND WORK PROGRAMS. THE CLIENTS ARE SUPERVISED, BUT LIVE IN AN ENVIROMENT, WHERE ACCOMPLISHMENT OF GOALS ARE SOUGHT, MEASURED AND INDEPENDENCE IS STRIVED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Stewart President | 1 | $0 | |
Kathleen Sturkey Executive Dir. | 1 | $0 | |
Larry Sallows CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,850 |
| Membership dues | $0 |
| Investment income | $52 |
| Gain or Loss | -$2,232 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,670 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,684 |
| Professional fees and other payments to independent contractors | $4,018 |
| Occupancy, rent, utilities, and maintenance | $13,982 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,497 |
| Total expenses | $63,181 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $196 |
| Other assets | $0 |
| Total assets | $248,038 |
| Total liabilities | $819,363 |
| Net assets or fund balances | -$571,325 |