Overview
What is Lincoln Action Program Housing Development Corporation?
Lincoln Action Program Housing Development Corporation is a nonprofit organization situated in Lincoln, Nebraska. Their primary mission is to provide affordable housing opportunities for low and moderate-income individuals. They accomplish this by constructing, renovating, and managing low-income housing units, offering subsidized rents to eligible residents. The corporation operates 24 such units and serves 24 households annually. The ultimate goal is to enhance living conditions in the city of Lincoln and Lancaster and Saunders counties, Nebraska, by ensuring affordable housing options for those in need.
Official website here: www.communityactionatwork.org
Is Lincoln Action Program Housing Development Corporation legitimate?
Lincoln Action Program Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Action Program Housing Development Corporation 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
Official website here: www.communityactionatwork.org
What is the mission statement of Lincoln Action Program Housing Development Corporation?
The Lincoln Action Program Housing Development Corporation's mission is centered around promoting and advancing affordable housing projects for low-income residents. The organization participates in the acquisition, construction, rehabilitation, and renovation of such projects to provide and improve living conditions for these individuals. It achieves this by offering affordable rents through subsidy programs, holding titles to dwellings and real estate within the service area, and leasing these properties to low-income residents. The corporation also has the authority to buy, sell, assign, mortgage, or lease any interest in real estate and personal property, and construct, maintain, and operate necessary improvements.
Official website here: www.communityactionatwork.org
Who is the CEO of Lincoln Action Program Housing Development Corporation?
Heather Loughman is the Ceo (Thru Oct 2021) of Lincoln Action Program Housing Development Corporation. The CEO's salary of Lincoln Action Program Housing Development Corporation is $0 and their total compensation is $116,499.
Official website here: www.communityactionatwork.org
What is the revenue of Lincoln Action Program Housing Development Corporation?
Lincoln Action Program Housing Development Corporation's revenue in 2022 was $170,117.
Official website here: www.communityactionatwork.org
Who are the executives of Lincoln Action Program Housing Development Corporation and what are their salaries?
There 16 volunteers at Lincoln Action Program Housing Development Corporation.
Here are 20 key members and their salaries (Lincoln Action Program Housing Development Corporation's CEO's salary is $0 and their total compensation is $116,499):
- Compensation: $0
- Related: $158,206
- Other: $15,201
- Compensation: $0
- Related: $127,574
- Other: $27,332
- Compensation: $0
- Related: $116,719
- Other: $23,435
- Compensation: $0
- Related: $105,159
- Other: $19,212
- Compensation: $0
- Related: $89,433
- Other: $27,066
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.communityactionatwork.org
Where can I find the form 990 for Lincoln Action Program Housing Development Corporation?
Lincoln Action Program Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityactionatwork.org
Learn more at the official website: www.communityactionatwork.org
Mission Statement of Lincoln Action Program Housing Development Corporation
Lincoln Action Program Housing Development Corporation is committed to promoting and advancing affordable housing projects for low-income residents in Nebraska's City of Lincoln and Lancaster and Saunders Counties. Their mission is multifaceted. Firstly, they participate in the acquisition, construction, rehabilitation, and renovation of low-income housing projects. Secondly, they strive to provide and improve living conditions for these residents by offering affordable rents through subsidy programs. Lastly, they hold title to certain dwellings and real estate within their service area, leasing these properties to low-income individuals. Additionally, Lincoln Action Program Housing Development Corporation has the authority to buy, sell, assign, mortgage, or lease any interest in real estate and personal property, and construct, maintain, and operate improvements necessary for achieving their charitable objectives.
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Impact
October, 2024
Lincoln Action Program Housing Development Corporation significantly enhances the quality of life for low and moderate-income individuals and families in Lincoln, Nebraska, and the surrounding counties. By providing safe and affordable housing options, the organization plays a pivotal role in addressing the housing crisis faced by many in the community.
Operating 24 low-income housing units, Lincoln Action Program directly serves 24 households each year, offering them stability and a sense of belonging. The impact extends beyond mere shelter; it fosters community ties, promotes better living conditions, and supports residents in achieving a higher standard of living. Through the acquisition, construction, rehabilitation, and renovation of low-income housing projects, the organization actively contributes to neighborhood revitalization and economic development.
Additionally, the provision of rental subsidies further alleviates financial burdens for low-income residents, making housing accessible to those who might otherwise struggle to find stable accommodations. This comprehensive approach not only addresses immediate housing needs but also champions long-term solutions to poverty and inequality in the region. Overall, Lincoln Action Program Housing Development Corporation is instrumental in promoting resilience and empowerment among the low-income population it serves.
This information is meant to be a general summary of Lincoln Action Program Housing Development Corporation. 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.
- Program Service Revenue: $169,766
- Gross Receipts: $170,117
Assets and Liabilities:
- Total Assets: $1,917,838
- Total Liabilities: $1,170,123
- Net Assets: $747,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING REVENUE
Revenue
$169,462
HOUSING REVENUE - INTE
Revenue
$304
Organization Details
Founding Year
1997
Phone
(402) 471-4515Principal Officer
Heather Loughman
Main Address
210 O STREET, LINCOLN, NE, 68508
NTEE Category
Code: L20 - Housing
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