Overview
What is Lemko Housing Corporation?
Lemko Housing Corporation is a nonprofit organization established in Baltimore, Maryland, specifically at 603 South Ann Street. Their primary focus is on providing affordable housing for the elderly. They own and manage a 110-unit apartment building, catering to individuals with lower income. The corporation's mission is deeply rooted in ensuring that senior citizens have access to comfortable and affordable living spaces.
Is Lemko Housing Corporation legitimate?
Lemko Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lemko Housing 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.
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Executive Compensation: $60,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,980
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What is the mission statement of Lemko Housing Corporation?
Lemko Housing Corporation is committed to providing affordable housing for the elderly. It accomplishes this mission by owning and operating a 110-unit apartment building. The corporation's mission is centered around ensuring that elderly individuals have access to suitable housing options that fit their budgets. The corporation's efforts contribute to enhancing the living conditions of the elderly population, providing them with a secure and comfortable living space.
Who is the CEO of Lemko Housing Corporation?
Violetta Sedlacek is the President of Lemko Housing Corporation.
What is the revenue of Lemko Housing Corporation?
Lemko Housing Corporation's revenue in 2022 was $1,439,302.
Who are the executives of Lemko Housing Corporation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Lemko Housing Corporation?
Lemko Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lemko Housing Corporation
Lemko Housing Corporation, a nonprofit organization, is dedicated to providing affordable housing for the elderly. This mission is accomplished through the corporation's ownership and operation of a 110-unit apartment building. By offering affordable housing, Lemko Housing Corporation aims to provide a comfortable living environment for the elderly, ensuring they can live with dignity and independence. The corporation's commitment to this cause is evident in its apartment building, which serves as a home for many elderly individuals, providing them with a sense of security and community.
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Impact
October, 2024
Lemko Housing Corporation significantly impacts the community by providing affordable housing specifically tailored for low-income elderly individuals in Baltimore, MD. By owning and operating a 110-unit apartment building, it ensures that seniors have access to safe and stable housing, which is essential for their well-being.
This initiative not only addresses the pressing need for affordable housing among the elderly population but also helps foster a sense of community and belonging among residents. The availability of supportive living arrangements can enhance the quality of life for these seniors, enabling them to maintain their independence while still having access to necessary services and companionship. Through its commitment to affordable housing, Lemko Housing Corporation plays a crucial role in alleviating poverty among the elderly, contributing to their dignity and security in their later years.
This information is meant to be a general summary of Lemko Housing 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.
- Investment Income: $54
- Program Service Revenue: $1,433,062
- Gross Receipts: $1,439,302
Assets and Liabilities:
- Total Assets: $1,066,433
- Total Liabilities: $3,389,654
- Net Assets: -$2,323,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME APARTMENTS
Revenue
$267,122
HUD SECTION 8 ASSISTANCE
Revenue
$1,165,940
Organization Details
Founding Year
1978
Phone
(410) 342-7200Principal Officer
Violetta Sedlacek
Main Address
603 SOUTH ANN STREET, BALTIMORE, MD, 212312935
NTEE Category
Code: L22 - Housing
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