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Lemon Street Development Corporation

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

EIN: 261380120 ✦ Marietta, GA ✦ Designated as a 501(c)(4)

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Overview

What is Lemon Street Development Corporation?

Lemon Street Development Corporation is a nonprofit organization situated in Marietta, Georgia. Their primary mission is to promote and facilitate the provision of housing opportunities for individuals with low income. They achieve this objective through various means, including direct involvement and indirect support through other entities. Their activities encompass developing, fostering, managing, and overall facilitating housing solutions for this specific demographic.

Is Lemon Street Development Corporation legitimate?

Lemon Street Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lemon Street Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lemon Street Development Corporation?

Lemon Street Development Corporation's mission is centered around promoting and facilitating the provision of housing opportunities for individuals with low income. They achieve this goal by directly or indirectly working through other entities. Their mission is geared towards making affordable housing a reality for those who need it most. The corporation's activities include developing, fostering, managing, and facilitating housing projects to ensure that low-income individuals have access to suitable living spaces.

Who is the CEO of Lemon Street Development Corporation?

Scott Campbell is the President of Lemon Street Development Corporation.

What is the revenue of Lemon Street Development Corporation?

Lemon Street Development Corporation's revenue in 2022 was $3,111,587.

Who are the executives of Lemon Street Development Corporation and what are their salaries?


Here are 10 key members and their salaries:


Marion Waldrep (Former Direc)
  • Compensation: $0
  • Related: $259,805
  • Other: $40,602
Noel Taylor (Director Of)
  • Compensation: $0
  • Related: $173,829
  • Other: $41,140
Mark Wright (Sec/Treas)
  • Compensation: $0
  • Related: $195,451
  • Other: $42,808
Scott Campbell (President)
  • Compensation: $0
  • Related: $131,966
  • Other: $31,438
Ken Dollar (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Krivsky (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laing Heidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latasha Harmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lemon Street Development Corporation?

Lemon Street Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lemon Street Development Corporation

Lemon Street Development Corporation is committed to facilitating the provision of housing for individuals with low income levels. This nonprofit organization pursues this mission by developing, fostering, managing, and enabling housing solutions both directly and indirectly through other entities. Their goal is to make housing accessible for those who may not otherwise be able to afford it, thereby contributing to the overall well-being and stability of these individuals. By focusing on low-income housing, Lemon Street Development Corporation plays a crucial role in promoting social equity and ensuring that everyone has a decent place to live.

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Impact




October, 2024

Lemon Street Development Corporation significantly impacts the community by focusing on the development, fostering, management, and facilitation of housing for low-income individuals in Marietta, Georgia. By addressing the critical need for affordable housing, the organization plays a vital role in improving the lives of residents who might otherwise struggle to secure safe and suitable living conditions.

Through its initiatives, Lemon Street Development Corporation not only provides shelter but also creates a supportive environment that enables individuals and families to thrive. The organization’s efforts contribute to community stability and cohesion, helping to reduce homelessness and improve overall quality of life for marginalized populations. By working directly and indirectly through various entities, it promotes collaborative solutions to housing challenges, thereby enhancing the region's socioeconomic health.




This information is meant to be a general summary of Lemon Street Development Corporation. 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
$3,111,587 (2022)
Expenses
$1,284,946 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $128,221
  • Program Service Revenue: $2,983,366
  • Gross Receipts: $3,111,587

Assets and Liabilities:

  • Total Assets: $10,904,163
  • Total Liabilities: $905,537
  • Net Assets: $9,998,626

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Programs

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

DEVELOPER FEES

Revenue

$2,979,976

MISCELLANEOUS INCOME

Revenue

$3,390

Organization Details

Founding Year

2007

Principal Officer

Scott Campbell

Main Address

95 COLE STREET, MARIETTA, GA, 30060

NTEE Category

Code: L21 - Housing

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