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Lulac Amistad Apartments

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237159279 ✦ Sinton, TX ✦ Designated as a 501(c)(4)

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Overview

What is Lulac Amistad Apartments?

Lulac Amistad Apartments is a nonprofit organization situated in Sinton, Texas, dedicated to providing affordable housing for individuals in need of public housing assistance, in compliance with regulations set by the United States Department of Housing and Urban Development. Their primary mission is to offer low-income housing solutions, ensuring that those in need have access to suitable living conditions.

Is Lulac Amistad Apartments legitimate?

Lulac Amistad Apartments is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lulac Amistad Apartments submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $45,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lulac Amistad Apartments?

Lulac Amistad Apartments is committed to providing low-income housing to individuals in need of public housing assistance, in accordance with the regulations set by the United States Department of Housing and Urban Development. The organization's primary mission is to serve as a housing solution for those who require assistance, ensuring they have a place to call home. By adhering to the guidelines established by the department, Lulac Amistad Apartments aims to make a significant impact on the lives of those in need, offering them a stable and secure living environment. The apartment complex operates under the oversight of the U.S. Department of Housing and Urban Development, ensuring compliance with federal regulations and providing assistance to eligible individuals.

Who is the CEO of Lulac Amistad Apartments?

Fernando Canseco is the Director of Lulac Amistad Apartments.

What is the revenue of Lulac Amistad Apartments?

Lulac Amistad Apartments's revenue in 2022 was $50,752.

Who are the executives of Lulac Amistad Apartments and what are their salaries?


Here are 5 key members and their salaries:


Filiberto Garcia (Director)
  • Compensation: $9,900
  • Related: $0
  • Other: $0
Adolfo Escobedo (Director)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Gonzalo Tamez (Director)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Fernando Canseco (Chairman)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
William D Bonilla Sr (Secretary)
  • Compensation: $8,750
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lulac Amistad Apartments?

Lulac Amistad Apartments's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lulac Amistad Apartments

Lulac Amistad Apartments, as a nonprofit organization, is dedicated to providing low-income housing assistance to individuals in need. Regulated by the United States Department of Housing and Urban Development, this organization plays a significant role in accommodating those who require public housing aid. By adhering to the regulations set forth by this department, Lulac Amistad Apartments ensures that it offers a safe and suitable living environment for its residents, thereby contributing to their overall well-being.

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Impact




October, 2024

Lulac Amistad Apartments plays a crucial role in addressing housing insecurity by providing low-income housing to individuals and families in need. Situated in Sinton, Texas, it offers essential public housing assistance that adheres to the regulations set by the United States Department of Housing and Urban Development. The impact of Amistad Apartments is significant, as it not only provides shelter but also fosters stability for residents who may be facing financial hardships. This support enables individuals to focus on improving their circumstances, contribute to the community, and create a more stable environment for their families. By bridging the gap in affordable housing, Lulac Amistad Apartments enhances the quality of life for those it serves, promoting both individual and community growth.




This information is meant to be a general summary of Lulac Amistad Apartments. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$50,752 (2022)
Expenses
$76,945 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Program Service Revenue: $50,750
  • Gross Receipts: $50,752

Assets and Liabilities:

  • Total Assets: $29,477
  • Total Liabilities: $681,816
  • Net Assets: -$652,339

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LULAC AMISTAD L.P.

Revenue

$50,750

Organization Details

Founding Year

1969

Principal Officer

Fernando Canseco

Main Address

924 FLORES, SINTON, TX, 783873810

NTEE Category

Code: L21 - Housing

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