Overview
What is Lakefront Senior Residences Inc?
Lakefront Senior Residences Inc, a Kansas-based nonprofit corporation, was established with the goal of constructing, owning, and operating a 40-unit apartment community in Wichita, Kansas, specifically intended for low-income elderly individuals. This project aligns with Section 202 of the National Affordable Housing Act. The organization's primary mission revolves around maintaining and operating low-income housing projects for the elderly community, utilizing programs sponsored by the Department of Housing and Urban Development (H.U.D.).
Is Lakefront Senior Residences Inc legitimate?
Lakefront Senior Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakefront Senior Residences 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: $0
For more financial information, click here
What is the mission statement of Lakefront Senior Residences Inc?
Lakefront Senior Residences Inc's mission revolves around maintaining and operating low-income housing projects, specifically catering to elderly individuals with limited financial resources. This is accomplished through partnerships with H.U.D. programs. The organization's primary goal is to provide suitable living spaces for this demographic, ensuring their comfort and well-being. Lakefront Senior Residences Inc. was established with the purpose of constructing, owning, and operating a 40-unit apartment complex, known as Lakefront Senior Residences, in accordance with Section 202 of the National Affordable Housing Act.
What is the revenue of Lakefront Senior Residences Inc?
Lakefront Senior Residences Inc's revenue in 2024 was $312,721.
Who are the executives of Lakefront Senior Residences Inc and what are their salaries?
There 6 volunteers at Lakefront Senior Residences Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $131,944
- Other: $2,639
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lakefront Senior Residences Inc?
Lakefront Senior Residences Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lakefront Senior Residences Inc
Lakefront Senior Residences Inc, a Kansas-based nonprofit organization, is dedicated to maintaining and operating low-income housing projects specifically designed for elderly individuals with limited financial resources. Through partnerships with H.U.D. programs, this organization constructs, owns, and manages residential communities that provide affordable living solutions for this vulnerable population. By ensuring the upkeep and operation of these projects, Lakefront Senior Residences Inc contributes to the well-being and stability of elderly individuals, enabling them to maintain a dignified living environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Lakefront Senior Residences Inc significantly impacts the community by providing affordable housing specifically designed for low-income elderly individuals in Wichita, Kansas. Through the operation of its 40-unit apartment community, it addresses a critical need for accessible and sustainable living options for seniors, helping to enhance their quality of life.
By participating in programs established under the Section 202 of the National Affordable Housing Act, Lakefront Senior Residences ensures that vulnerable populations have a safe, stable, and supportive environment. The maintenance and operations of these housing projects foster independence and community engagement among residents, while also combating housing insecurity for the elderly.
Through its efforts, Lakefront Senior Residences helps to alleviate the financial burdens of housing costs for low-income seniors, allowing them to allocate resources toward healthcare, nutritious food, and other essential needs. Overall, their work contributes to a more equitable and caring community, enhancing the well-being and dignity of elderly individuals in the area.
This information is meant to be a general summary of Lakefront Senior Residences 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 2024.
- Investment Income: $810
- Program Service Revenue: $167,350
- Gross Receipts: $312,721
Assets and Liabilities:
- Total Assets: $539,517
- Total Liabilities: $56,598
- Net Assets: $482,919
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$167,350
Organization Details
Founding Year
1996
Principal Officer
Byron Adrian
NTEE Category
Code: Z99 - Unknown
If you are a representative of Lakefront Senior Residences Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.