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Ltc Ii Inc

Goodall Apartments

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

EIN: 351862757 ✦ Muncie, IN ✦ Designated as a 501(c)(3)

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Overview

What is Ltc Ii Inc?

Ltc Ii Inc, based in Muncie, Indiana, is a nonprofit organization with a mission centered around Section 811 housing. This mission involves providing home improvement or support services to those in need, aiming to create suitable living spaces. The specific program they run at Goodall Apartments falls under this umbrella, focusing on this segment of housing. Ltc Ii Inc's work contributes to enhancing residential environments and improving the quality of life for their beneficiaries.

Is Ltc Ii Inc legitimate?

Ltc Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ltc Ii 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: $28,114

For more financial information, click here

What is the mission statement of Ltc Ii Inc?

Ltc Ii Inc's mission, as embodied by the Goodall Apartments program, is centered around Section 811 housing. This mission aims to provide housing solutions, specifically under Section 811, which is a housing program designed to support individuals with disabilities. The organization's focus is on improving or supporting homes to make them accessible and suitable for those in need. This mission contributes to enhancing the living conditions and independence of individuals with disabilities, thereby improving their overall quality of life.

Who is the CEO of Ltc Ii Inc?

Scott Riggs is the President of Ltc Ii Inc.

What is the revenue of Ltc Ii Inc?

Ltc Ii Inc's revenue in 2023 was $89,720.

Who are the executives of Ltc Ii Inc and what are their salaries?


Here are 5 key members and their salaries:


Hank Milius (President)
  • Compensation: $0
  • Related: $860,437
  • Other: $160,611
Lisa Suttle (Vice President)
  • Compensation: $0
  • Related: $246,765
  • Other: $27,745
Teri Grimes (Secretary)
  • Compensation: $0
  • Related: $73,676
  • Other: $19,017
Scott Riggs (Treasurer)
  • Compensation: $0
  • Related: $319,536
  • Other: $49,544
Julie Newhouse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ltc Ii Inc?

Ltc Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Ltc Ii Inc

Ltc Ii Inc, as an organization, is dedicated to the mission of Section 811 housing. This mission translates to providing residential support and home improvements, specifically under Section 811. The aim is to create an inclusive living environment for individuals in need. Goodall Apartments, a program under Ltc Ii Inc, embodies this mission in Muncie, Indiana. The organization's efforts are geared towards improving the living conditions and providing necessary support to those in need, all in line with the Section 811 housing guidelines.

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Impact




October, 2024

Ltc Ii Inc, through its Goodall Apartments initiative in Muncie, IN, plays a vital role in providing accessible housing solutions under the Section 811 program. This initiative focuses on improving living conditions for individuals with disabilities, ensuring they have access to affordable, supportive housing. By enhancing the availability of quality housing options, Ltc Ii Inc helps foster a sense of community and stability, enabling residents to thrive independently. The organization's commitment to housing not only addresses immediate shelter needs but also contributes to the overall well-being and integration of individuals into the broader community.




This information is meant to be a general summary of Ltc Ii 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
$89,720 (2023)
Expenses
$177,645 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $51
  • Program Service Revenue: $88,203
  • Gross Receipts: $89,720

Assets and Liabilities:

  • Total Assets: $312,967
  • Total Liabilities: $875,957
  • Net Assets: -$562,990

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Programs

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

RENTAL RECEIPTS

Revenue

$44,922

TENANT ASSISTANCE PAYM

Revenue

$43,281

Organization Details

Founding Year

1992

Principal Officer

Scott Riggs

Main Address

240 N TILLOTSON AVE, MUNCIE, IN, 46550

NTEE Category

Code: L22Z - Housing

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