Overview
What is Lions Arms Inc?
Lions Arms Inc is a nonprofit organization situated in Louisville, Kentucky, with an address at 5920 Lions Arms Drive. The organization's primary mission revolves around supporting the community through its Lions Club, encouraging individuals to contribute their time and resources to community improvement. Lions Arms Inc also owns and manages rental properties, providing housing for low-income and elderly individuals. These properties receive Section 8 Rental Assistance Subsidy to make them more affordable. The sale of a 16-unit apartment complex in Louisville has further enabled the organization to extend its aid to the community in alignment with its Lions Club's objectives.
Is Lions Arms Inc legitimate?
Lions Arms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lions Arms 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
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What is the mission statement of Lions Arms Inc?
Lions Arms Inc, as an organization, is dedicated to providing rental properties for low-income and elderly individuals. It achieves this by receiving Section 8 rental assistance subsidies. Beyond this, Lions Arms Inc is also associated with Lions Clubs, which are communities where individuals volunteer their time and effort to enhance their local environments and the world at large. The organization recently sold a 16-unit apartment complex in Louisville, Kentucky, with the proceeds being utilized to support the Lions Club and contribute to community assistance efforts.
Who is the CEO of Lions Arms Inc?
Kenny Senn is the Vice-Preside of Lions Arms Inc.
What is the revenue of Lions Arms Inc?
Lions Arms Inc's revenue in 2023 was $0.
Who are the executives of Lions Arms Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Lions Arms Inc?
Lions Arms Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lions Arms Inc
Lions Arms Inc, as a nonprofit organization, is dedicated to making a positive impact in its community. Its mission is centered around providing rental properties for low-income individuals and the elderly, with the added support of Section 8 rental assistance subsidies. This initiative aims to provide affordable housing solutions, contributing to the well-being and stability of the individuals and families it serves.
In line with its mission, Lions Arms Inc operates under the broader ethos of its affiliated Lions Clubs. These clubs encourage individuals to come together and contribute their time and efforts towards improving their communities and the world at large. By selling a 16-unit apartment complex in Louisville, Kentucky, and utilizing the funds to further its mission, Lions Arms Inc demonstrates its commitment to supporting its community. This investment in housing solutions is a testament to its ongoing dedication to improving the lives of its residents and strengthening the community as a whole.
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Impact
October, 2024
Lions Arms Inc significantly impacts the Louisville community by providing affordable housing options for low-income and elderly individuals. By owning and operating rental properties, the organization ensures that these vulnerable populations have access to safe and stable living conditions. Additionally, the funds generated from selling a 16-unit apartment complex are reinvested into initiatives that further enhance community support and development through the Lions Club. This not only aids in improving the living standards for many but also fosters a culture of collaboration and volunteerism that aims to uplift the overall welfare of the community. Through its commitment to community improvement, Lions Arms Inc plays a vital role in creating a supportive environment that benefits residents and encourages broader social engagement.
This information is meant to be a general summary of Lions Arms 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 2023.
Assets and Liabilities:
- Total Assets: $4,949
- Total Liabilities: $0
- Net Assets: $4,949
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Organization Details
Founding Year
1989
Phone
(502) 448-8839Principal Officer
Kenny Senn
Main Address
5920 LIONS ARMS DRIVE, LOUISVILLE, KY, 40216
NTEE Category
Code: S80Z - Community improvement
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