Overview
What is Looking Glass Terrace Corporation C/O Kmg Prestige Inc?
Looking Glass Terrace Corporation C/O Kmg Prestige Inc is a nonprofit organization, established with the purpose of developing, constructing, maintaining, and operating a 25-unit rental housing project catering to elderly individuals of low and moderate income. Their mission is centered around providing Federally Supported Housing for the elderly, aiming to enhance their living conditions. This initiative is a crucial step towards ensuring that elderly individuals have access to safe and affordable housing.
Is Looking Glass Terrace Corporation C/O Kmg Prestige Inc legitimate?
Looking Glass Terrace Corporation C/O Kmg Prestige Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Looking Glass Terrace Corporation C/O Kmg Prestige Inc submitted a form 990EZ, 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.
What is the mission statement of Looking Glass Terrace Corporation C/O Kmg Prestige Inc?
The mission of Looking Glass Terrace Corporation, a company under the umbrella of Kmg Prestige Inc, is centered around providing housing solutions for elderly individuals with moderate to low income. Their primary objective is to develop, construct, maintain, and operate a 25-unit rental project, funded by federal support, specifically intended for this demographic. Essentially, their mission is to offer federally backed housing for the elderly, aiming to contribute positively to their living conditions.
Who is the CEO of Looking Glass Terrace Corporation C/O Kmg Prestige Inc?
Peg Leonard is the President of Looking Glass Terrace Corporation C/O Kmg Prestige Inc.
What is the revenue of Looking Glass Terrace Corporation C/O Kmg Prestige Inc?
Looking Glass Terrace Corporation C/O Kmg Prestige Inc's revenue in 2022 was $145,905.
Who are the executives of Looking Glass Terrace Corporation C/O Kmg Prestige Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990EZ for Looking Glass Terrace Corporation C/O Kmg Prestige Inc?
Looking Glass Terrace Corporation C/O Kmg Prestige Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Looking Glass Terrace Corporation C/O Kmg Prestige Inc
Looking Glass Terrace Corporation C/O Kmg Prestige Inc, a nonprofit organization, was established with a primary objective. Its mission is centered around the development, construction, maintenance, and operation of a 25-unit rental housing project. This project is specifically designed for elderly individuals who fall under the categories of low and moderate income. The organization's mission is to provide Federally Supported Housing to this vulnerable group. By taking on this mission, Looking Glass Terrace Corporation C/O Kmg Prestige Inc aims to contribute to the well-being and living conditions of the elderly, ensuring they have access to safe and affordable housing.
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Impact
October, 2024
Looking Glass Terrace Corporation C/O Kmg Prestige Inc plays a vital role in addressing the housing needs of elderly persons with low and moderate incomes in Lansing, MI. By developing, constructing, and operating a 25-unit rental housing project, it provides essential support and affordable living options for seniors. This initiative helps alleviate housing insecurity, ensuring that elderly residents have access to safe and stable environments that cater to their specific needs.
The corporation's focus on federally supported housing is crucial in enhancing the quality of life for vulnerable populations, promoting independence while fostering a sense of community among residents. By prioritizing this demographic, Looking Glass Terrace Corporation facilitates not just shelter, but also the necessary services that contribute to improved well-being and social engagement for elderly individuals.
This information is meant to be a general summary of Looking Glass Terrace Corporation C/O Kmg Prestige 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: $45
- Program Service Revenue: $143,009
- Gross Receipts: $145,905
Assets and Liabilities:
- Total Assets: $294,032
- Total Liabilities: $74,509
- Net Assets: $219,523
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Organization Details
Phone
(517) 668-1800Principal Officer
Peg Leonard
Main Address
3390 PINE TREE RD, LANSING, MI, 48911
NTEE Category
Code: L22 - Housing
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