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Lexington Elderly Housing Inc

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

EIN: 311526063 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Lexington Elderly Housing Inc?

Lexington Elderly Housing Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary mission is to provide housing for the elderly and self-sufficient handicapped individuals, adhering to the guidelines set by the Department of Housing and Urban Development. They own and operate a 40-unit apartment complex that serves this specific demographic, in accordance with Section 202 of the National Housing Act. Their core purpose is to offer a secure living space for this group, ensuring they maintain their independence while receiving necessary support.

Is Lexington Elderly Housing Inc legitimate?

Lexington Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Elderly Housing Inc 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: $100,856

For more financial information, click here

What is the mission statement of Lexington Elderly Housing Inc?

Lexington Elderly Housing Inc, as per its mission, is dedicated to owning and operating a rental housing property catering to the elderly and self-sufficient handicapped individuals. This is done in adherence to Section 202 of the National Housing Act. The organization's primary objective is to provide a suitable living environment for this specific demographic. They oversee the operation and maintenance of a 40-unit apartment complex, ensuring it meets the standards set by the Department of Housing and Urban Development. This commitment to elderly and handicapped individuals allows them to live independently and with a sense of community.

Who is the CEO of Lexington Elderly Housing Inc?

Gerald E Eickhoff is the President of Lexington Elderly Housing Inc.

What is the revenue of Lexington Elderly Housing Inc?

Lexington Elderly Housing Inc's revenue in 2022 was $404,365.

Who are the executives of Lexington Elderly Housing Inc and what are their salaries?

There 7 volunteers at Lexington Elderly Housing Inc.


Here are 7 key members and their salaries:


Gerald E Eickhoff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph F Glenn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Reinhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth C Glenn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Gay Reagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Delacey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Reynolds Delisle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lexington Elderly Housing Inc?

Lexington Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lexington Elderly Housing Inc

Lexington Elderly Housing Inc, as its mission statement suggests, is dedicated to owning and operating a rental housing property primarily for the elderly and self-sufficient individuals with disabilities. This mission is in alignment with Section 202 of the National Housing Act. The organization's main objective is to provide a suitable living environment for this specific demographic, ensuring their needs are met with respect and dignity. The 40-unit apartment complex operated by Lexington Elderly Housing Inc is maintained in accordance with guidelines set by the Department of Housing and Urban Development, ensuring a safe and comfortable living space for its residents.

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Impact




October, 2024

Lexington Elderly Housing Inc significantly enhances the quality of life for its residents by providing affordable and accessible rental housing specifically designed for the elderly and self-sufficient handicapped individuals. By operating a 40-unit apartment complex in Atlanta, GA, the organization ensures that these vulnerable populations have a safe and supportive living environment that fosters independence while meeting their unique needs.

The operation and maintenance of the housing facility align with the Department of Housing and Urban Development's standards, ensuring that residents benefit from well-maintained accommodations. This not only aids in physical safety but also contributes to mental and emotional well-being, as residents can enjoy a sense of community and belonging.

Furthermore, by focusing on self-sufficiency, Lexington Elderly Housing Inc empowers its residents to lead fulfilling lives, encouraging engagement and social interaction among them. This positively impacts their overall health and longevity, reinforcing the organization's role as a vital contributor to the community.




This information is meant to be a general summary of Lexington Elderly Housing Inc. 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
$404,365 (2022)
Expenses
$461,796 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32
  • Program Service Revenue: $404,333
  • Gross Receipts: $404,365

Assets and Liabilities:

  • Total Assets: $1,315,397
  • Total Liabilities: $47,573
  • Net Assets: $1,267,824

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Programs

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

HUD SUBSIDY INCOME

Revenue

$403,006

LAUNDRY AND VENDING IN

Revenue

$1,327

Organization Details

Founding Year

1996

Principal Officer

Gerald E Eickhoff

Main Address

PO BOX 450049, ATLANTA, GA, 31145

NTEE Category

Code: L20 - Housing

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