Overview
What is Southeast Kansas Lutherans?
Southeast Kansas Lutherans, operating under the name Penn Manor Apartments, is a nonprofit organization located in Independence, Kansas. Established in 1985, the organization was initially funded by the Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. The primary purpose of Penn Manor Apartments is to provide affordable housing for low-income individuals, with one unit being non-income producing. The project is subject to a Section 8 Housing Assistance Payment contract with HUD, which helps cover a portion of the rentals income. The contract, valid through January 2030, is a non-major program. The project's major program is a Section 223(F) insured loan. The organization currently employs a team of two individuals in its operations.
Is Southeast Kansas Lutherans legitimate?
Southeast Kansas Lutherans is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Kansas Lutherans 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: $5,128
For more financial information, click here
What is the mission statement of Southeast Kansas Lutherans?
Southeast Kansas Lutherans operates a 49-unit low-income apartment complex, which was initially funded by the Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. The project, constructed in 1985, is subject to a Section 8 Housing Assistance Payment (HAP) contract with HUD, providing a portion of the project's rental income. The project, which includes one non-income-producing unit, cannot increase rents without HUD approval. The HAP contract runs through January 2030, and it is a non-major program. The project's primary program is its Section 223(F) insured loan. The mission of Southeast Kansas Lutherans, as inferred from this information, is to provide affordable housing for low-income individuals, with a commitment to maintaining rental rates within the guidelines set by HUD.
Who is the CEO of Southeast Kansas Lutherans?
Keith Confer is the President of Southeast Kansas Lutherans.
What is the revenue of Southeast Kansas Lutherans?
Southeast Kansas Lutherans's revenue in 2022 was $406,870.
Who are the executives of Southeast Kansas Lutherans and what are their salaries?
The average compensation at Southeast Kansas Lutherans during 2022 was $2,564. There are 2 employees at Southeast Kansas Lutherans.
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Where can I find the form 990 for Southeast Kansas Lutherans?
Southeast Kansas Lutherans's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southeast Kansas Lutherans
Southeast Kansas Lutherans, as an organization, is dedicated to providing affordable housing for low-income individuals. This mission was realized in 1985 with the construction of a 49-unit apartment complex, which was initially funded by the Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. The project, which includes one non-income-producing unit, is subject to a Section 8 Housing Assistance Payment (HAP) contract with HUD, from which a portion of the complex's rental income is received. The HAP contract runs through 2030, and the project's major program is its Section 223(F) insured loan. Southeast Kansas Lutherans' commitment to affordable housing is evident in this project, aiming to provide a safe and secure living space for individuals who may otherwise struggle with housing costs.
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Impact
October, 2024
Southeast Kansas Lutherans plays a vital role in addressing housing needs in Independence, Kansas, through its 49-unit low-income apartment complex, established in 1985. This facility provides affordable housing options for residents who may otherwise struggle to find secure and stable living conditions. By participating in the HUD Section 8 Housing Assistance Payment program, the complex ensures that rental prices remain accessible to low-income families, thus fostering a more inclusive community.
The project not only provides shelter but also contributes to the overall health and well-being of its tenants by offering a stable environment where individuals and families can thrive. The commitment to affordable housing helps alleviate some of the socioeconomic pressures faced by residents, allowing them to focus on other essential aspects of their lives, such as education and employment. With ongoing support and oversight from HUD, Southeast Kansas Lutherans continues to make a significant impact on the lives of many, ensuring that quality, affordable housing remains a reality in the community.
This information is meant to be a general summary of Southeast Kansas Lutherans. 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: $128
- Program Service Revenue: $326,055
- Gross Receipts: $406,870
Assets and Liabilities:
- Total Assets: $342,853
- Total Liabilities: $964,209
- Net Assets: -$621,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$233,866
TENANT RENTS
Revenue
$92,189
Organization Details
Founding Year
1968
Phone
(620) 331-1040Principal Officer
Keith Confer
Main Address
PO BOX 355, INDEPENDENCE, KS, 67301
NTEE Category
Code: E91Z - Health
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