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Leisure Acres Management Corp

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

EIN: 371244255 ✦ Peoria, IL ✦ Designated as a 501(c)(4)

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Overview

What is Leisure Acres Management Corp?

Leisure Acres Management Corp is a nonprofit organization situated in Peoria, Illinois, primarily focused on providing management services for federally subsidized senior housing facilities, specifically at Leisure Acre Phase I and II Housing Corps. Their mission extends to offering occasional financial aid to these housing complexes, ensuring that senior residents have access to well-maintained and supportive living environments.

Is Leisure Acres Management Corp legitimate?

Leisure Acres Management Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Leisure Acres Management Corp 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 Leisure Acres Management Corp?

Leisure Acres Management Corp's mission is centered around providing management services and occasional financial assistance for federally subsidized housing specifically designed for senior citizens residing in Leisure Acre's Phase I and II housing complexes. Their objective is to ensure the smooth operation and maintenance of these senior living facilities, while also offering necessary financial assistance when required. This commitment aims to enhance the living conditions and well-being of the elderly residents, thereby contributing to their overall quality of life.

Who is the CEO of Leisure Acres Management Corp?

Fred Luke is the President of Leisure Acres Management Corp.

What is the revenue of Leisure Acres Management Corp?

Leisure Acres Management Corp's revenue in 2022 was $56,383.

Who are the executives of Leisure Acres Management Corp and what are their salaries?


Here are 9 key members and their salaries:


Fred Luke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Bechtel (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph W Corrigan (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Rose (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Deiters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcintyre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Matheny (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Isenberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Butler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Leisure Acres Management Corp?

Leisure Acres Management Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Leisure Acres Management Corp

Leisure Acres Management Corp is committed to providing management services and occasional financial assistance to federally subsidized housing for seniors residing in Leisure Acre's Phase I and II housing corps. The organization's mission is to ensure that these elderly residents live in a well-managed environment, with the necessary support when required. Leisure Acres Management Corp's role is essential in maintaining the quality of life for seniors living in these federally subsidized housing units, offering them a secure and comfortable living situation. The corporation's services extend beyond daily management, providing occasional financial aid when needed, demonstrating their dedication to improving the lives of senior residents.

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Impact




October, 2024

Leisure Acres Management Corp plays a crucial role in enhancing the quality of life for seniors residing in federally subsidized housing. By providing comprehensive management services, the organization ensures that Leisure Acres Phase I and II Housing Corps operates smoothly and efficiently. This dedication contributes to maintaining safe, clean, and supportive living environments for seniors in Peoria, Illinois.

In addition to management services, the occasional financial assistance offered by Leisure Acres Management Corp addresses the unique needs of residents, helping them overcome financial barriers. This support fosters greater independence and security for seniors, allowing them to focus on their well-being rather than financial stress.

Overall, the impact of Leisure Acres Management Corp extends beyond mere management; it creates a nurturing community that values the dignity and comfort of its senior residents, promoting a sense of belonging and stability in their lives.




This information is meant to be a general summary of Leisure Acres Management Corp. 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
$56,383 (2022)
Expenses
$12,244 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $56,383
  • Gross Receipts: $347,161

Assets and Liabilities:

  • Total Assets: $820,950
  • Total Liabilities: $0
  • Net Assets: $820,950

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Organization Details

Founding Year

1988

Principal Officer

Fred Luke

Main Address

215 W SAM J STONE AVE, PEORIA, IL, 61605

NTEE Category

Code: L22 - Housing

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