Lincoln-Westmoreland Housing Inc

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

EIN: 520894269 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Lincoln-Westmoreland Housing Inc?

Lincoln-Westmoreland Housing Inc is a nonprofit organization situated in Washington, D.C. Their primary mission is to develop and manage two rental apartment buildings, offering high-quality, affordable housing to low-income residents. The organization adheres to regulatory agreements with the U.S. Department of Housing and Urban Development, ensuring that their services cater to those in need. This commitment to affordable housing is central to their mission and activities.

Is Lincoln-Westmoreland Housing Inc legitimate?

Lincoln-Westmoreland Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln-Westmoreland Housing 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: $4,193

For more financial information, click here

What is the mission statement of Lincoln-Westmoreland Housing Inc?

Lincoln-Westmoreland Housing Inc is committed to providing high-quality, affordable rental housing to individuals with low income. This non-profit organization carries out this mission by developing and operating two apartment buildings under regulatory agreements with the U.S. Department of Housing and Urban Development. The goal is to offer housing solutions that meet the needs of those who are financially disadvantaged, ensuring they have a secure and comfortable living environment.

Who is the CEO of Lincoln-Westmoreland Housing Inc?

David E Jacobs is the Director of Lincoln-Westmoreland Housing Inc.

What is the revenue of Lincoln-Westmoreland Housing Inc?

Lincoln-Westmoreland Housing Inc's revenue in 2023 was $338,432.

Who are the executives of Lincoln-Westmoreland Housing Inc and what are their salaries?


Here are 13 key members and their salaries:


Annette T Adams-Beckford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Dark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Goodwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iris A Mccrae (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Channing D Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodosia D Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia H Thurber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Vines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon L Bartholomew (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen J Hammond (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David E Jacobs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Mertz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lincoln-Westmoreland Housing Inc?

Lincoln-Westmoreland Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lincoln-Westmoreland Housing Inc

Lincoln-Westmoreland Housing Inc, a nonprofit organization, is committed to providing quality, affordable rental housing to low-income residents. This mission is carried out through the development and operation of two rental apartment buildings. By entering regulatory agreements with the U.S. Department of Housing and Urban Development, Lincoln-Westmoreland ensures that the housing it provides meets the necessary standards and is accessible to individuals with limited financial resources. The organization's mission is instrumental in addressing the housing needs of its community, providing a vital service and contributing to the overall well-being of its residents.

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Impact




October, 2024

Lincoln-Westmoreland Housing Inc significantly impacts the community by offering quality, affordable rental housing to low-income residents in Washington, DC. Through the development and operation of two rental apartment buildings, it ensures that individuals and families who might otherwise struggle to find suitable housing have access to safe and stable living environments. By working under regulatory agreements with the U.S. Department of Housing and Urban Development, the organization maintains standards that promote tenant welfare and community stability. This focus on affordable housing not only helps alleviate financial burdens for low-income households but also contributes to the broader goal of fostering inclusive and diverse neighborhoods.




This information is meant to be a general summary of Lincoln-Westmoreland Housing 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.

Revenue
$338,432 (2023)
Expenses
$283,159 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $204,120
  • Gross Receipts: $6,016,658

Assets and Liabilities:

  • Total Assets: $35,929,218
  • Total Liabilities: $8,665,717
  • Net Assets: $27,263,501

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Organization Details

Principal Officer

David E Jacobs

Main Address

1730 7TH ST NW, WASHINGTON, DC, 20001

NTEE Category

Code: L20 - Housing

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