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Lutherhaus Of Lincolnton Inc

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

EIN: 581433113 ✦ Lincolnton, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lutherhaus Of Lincolnton Inc?

Lutherhaus Of Lincolnton Inc is a nonprofit organization situated in Lincolnton, offering housing solutions for the elderly and handicapped. They manage a 30-unit apartment complex, funded and regulated under the National Housing Act's Section 207 and 223(f). This act is overseen by the United States Department of Housing and Development. The primary mission of Lutherhaus of Lincolnton Inc is to provide suitable and secure living spaces for individuals who may face mobility challenges or are in their golden years. Their work aims to enhance the quality of life for these vulnerable communities, ensuring they have access to safe and comfortable housing.

Is Lutherhaus Of Lincolnton Inc legitimate?

Lutherhaus Of Lincolnton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutherhaus Of Lincolnton 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 Lutherhaus Of Lincolnton Inc?

Lutherhaus Of Lincolnton Inc's mission is centered around providing housing for elderly and handicapped individuals. They accomplish this through the operation of a 30-unit apartment complex, which falls under Section 207 of the National Housing Act, regulated by the United States Department of Housing and Urban Development, as per 223(f). The organization's activities are aimed at ensuring suitable housing for those in need, contributing to their overall well-being.

Who is the CEO of Lutherhaus Of Lincolnton Inc?

Ben Robinson is the President of Lutherhaus Of Lincolnton Inc.

What is the revenue of Lutherhaus Of Lincolnton Inc?

Lutherhaus Of Lincolnton Inc's revenue in 2022 was $237,225.

Who are the executives of Lutherhaus Of Lincolnton Inc and what are their salaries?

There 10 volunteers at Lutherhaus Of Lincolnton Inc.


Here are 10 key members and their salaries:


Ben Robinson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Williams (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Harmon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vera Lanier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Mcconnell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Collins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dara Jarrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Lounsbury (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paulette Rudisill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Sain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lutherhaus Of Lincolnton Inc?

Lutherhaus Of Lincolnton Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lutherhaus Of Lincolnton Inc

Lutherhaus of Lincolnton is a nonprofit organization committed to providing housing solutions for elderly and handicapped individuals. Operating under Section 207 of the National Housing Act, as regulated by the United States Department of Housing and Development, Lutherhaus manages a 30-unit apartment complex. This complex serves as a crucial resource, offering residential accommodations to those who may face challenges in securing suitable housing due to their age or disability. By providing a safe and accessible living environment, Lutherhaus of Lincolnton contributes significantly to the well-being and independence of its residents.

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Impact




October, 2024

Lutherhaus of Lincolnton Inc significantly impacts the community by providing safe, affordable housing for elderly and handicapped individuals. Operating a 30-unit apartment complex, it ensures that vulnerable populations have access to suitable living conditions designed to meet their specific needs. This initiative enhances the quality of life for residents by fostering independence while offering a supportive environment. The complex adheres to regulatory standards set by the U.S. Department of Housing and Urban Development, emphasizing its commitment to maintaining a high standard of care and safety. In a time when affordable housing options are increasingly scarce, Lutherhaus of Lincolnton plays a critical role in addressing the housing challenges faced by seniors and individuals with disabilities in the Lincolnton area.




This information is meant to be a general summary of Lutherhaus Of Lincolnton 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
$237,225 (2022)
Expenses
$250,813 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$535
  • Program Service Revenue: $64,613
  • Gross Receipts: $249,634

Assets and Liabilities:

  • Total Assets: $510,509
  • Total Liabilities: $544,996
  • Net Assets: -$34,487

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$64,613

Organization Details

Founding Year

1981

Principal Officer

Ben Robinson

Main Address

709 S TAIT STREET, LINCOLNTON, NC, 28092

NTEE Category

Code: L21Z - Housing

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