Overview
What is Lytle Trace Inc?
Lytle Trace Inc is a nonprofit organization situated in Batavia, Ohio, dedicated to the provision of affordable housing for the elderly. Their mission is accomplished through the operation of an apartment complex, offering 36 units specifically designed for this demographic. By providing this service, Lytle Trace Inc contributes to the community by ensuring that elderly individuals have access to suitable and affordable living spaces.
Is Lytle Trace Inc legitimate?
Lytle Trace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lytle Trace 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: $52,294
For more financial information, click here
What is the mission statement of Lytle Trace Inc?
Lytle Trace Inc, as an organization, is committed to providing affordable housing for the elderly. They accomplish this mission by operating an apartment complex, offering 36 units, specifically designed for this demographic. The primary goal is to make housing more accessible and affordable for the elderly population, thus enhancing their living conditions.
Who is the CEO of Lytle Trace Inc?
William Dehass is the Trustee of Lytle Trace Inc. The CEO's salary of Lytle Trace Inc is $0 and their total compensation is $112,464.
What is the revenue of Lytle Trace Inc?
Lytle Trace Inc's revenue in 2022 was $250,605.
Who are the executives of Lytle Trace Inc and what are their salaries?
There 11 volunteers at Lytle Trace Inc.
Here are 13 key members and their salaries (Lytle Trace Inc's CEO's salary is $0 and their total compensation is $112,464):
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- Related: $106,442
- Other: $6,022
- Compensation: $0
- Related: $74,719
- Other: $484
Where can I find the form 990 for Lytle Trace Inc?
Lytle Trace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lytle Trace Inc
Lytle Trace Inc, as a dedicated nonprofit organization, is committed to providing affordable housing for the elderly. With a compassionate mission, this organization operates an apartment complex, offering 36 units specifically designed to cater to the needs of the elderly population. By offering this affordable housing solution, Lytle Trace Inc seeks to make a tangible difference in the lives of its elderly residents, ensuring they can live in comfort and security.
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Impact
October, 2024
Lytle Trace Inc has made a significant impact by providing affordable housing options for the elderly in Batavia, OH. With 36 units available in their dedicated apartment complex, they address the critical need for accessible living arrangements for older adults. This initiative not only enhances the quality of life for residents by ensuring they have safe and affordable accommodation but also fosters a sense of community among seniors. By focusing on the needs of the elderly, Lytle Trace Inc plays a vital role in supporting an often underserved demographic, enabling them to live independently while being part of a supportive environment.
This information is meant to be a general summary of Lytle Trace 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $67
- Program Service Revenue: $250,538
- Gross Receipts: $250,605
Assets and Liabilities:
- Total Assets: $1,664,020
- Total Liabilities: $50,092
- Net Assets: $1,613,928
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent Revenue
Revenue
$138,390
HUD Subsidy Rent Reven
Revenue
$109,860
Laundry Income
Revenue
$2,288
Organization Details
Founding Year
2003
Phone
(513) 724-1255Principal Officer
William Dehass
Main Address
2085-A James E Sauls Drive, Batavia, OH, 45103
NTEE Category
Code: L21 - Housing
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