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Lock Towns Residential Facilities

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

EIN: 650139973 ✦ Opalocka, FL ✦ Designated as a 501(c)(3)

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Overview

What is Lock Towns Residential Facilities?

Lock Towns Residential Facilities is a nonprofit organization situated in Opalocka, Florida. With a focus on serving the disabled community, they provide housing solutions under Section 811 of the National Housing Act, operating under an agreement with the Department of HUD. This commitment to accommodating the needs of disabled individuals is central to their mission and activities. With a modest workforce of three employees, Lock Towns Residential Facilities is dedicated to making a difference in the lives of those who require specialized housing accommodations.

Is Lock Towns Residential Facilities legitimate?

Lock Towns Residential Facilities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lock Towns Residential Facilities 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: $51,263

For more financial information, click here

What is the mission statement of Lock Towns Residential Facilities?

Lock Towns Residential Facilities, as a part of its mission, provides housing for individuals with disabilities, in accordance with Section 811 of the National Housing Act. This is done under an agreement with the Department of Housing and Urban Development (HUD). The primary goal is to offer suitable living spaces for individuals with disabilities, ensuring they have a place to call home. By partnering with HUD, Lock Towns Residential Facilities contributes to the broader objective of providing accessible housing solutions for this vulnerable population. The organization's activities are guided by the provisions of Section 811, aiming to enhance the overall quality of life for disabled individuals by providing them with secure and comfortable living environments.

Who is the CEO of Lock Towns Residential Facilities?

Mark Knobel is the President of Lock Towns Residential Facilities.

What is the revenue of Lock Towns Residential Facilities?

Lock Towns Residential Facilities's revenue in 2022 was $276,606.

Who are the executives of Lock Towns Residential Facilities and what are their salaries?

The average compensation at Lock Towns Residential Facilities during 2022 was $17,088. There are 3 employees at Lock Towns Residential Facilities.


There is 1 key member and their salary:


Mark Knobel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lock Towns Residential Facilities?

Lock Towns Residential Facilities's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lock Towns Residential Facilities

Lock Towns Residential Facilities, as a nonprofit organization, is dedicated to providing housing for individuals with disabilities. This commitment is rooted in Section 811 of the National Housing Act, under an agreement with the Department of HUD. Their mission is to offer suitable living spaces for individuals with disabilities, ensuring they have access to a secure and supportive environment. By operating under this agreement, Lock Towns Residential Facilities contributes to enhancing the lives of disabled individuals, providing them with the necessary housing they require.

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Impact




October, 2024

Lock Towns Residential Facilities provides essential housing for disabled individuals, ensuring they have access to safe and supportive living environments. By operating under Section 811 of the National Housing Act, the facility collaborates with the Department of Housing and Urban Development (HUD) to offer affordable housing options tailored to the needs of this population in Opa-locka, FL.

The impact of Lock Towns extends beyond mere shelter; it fosters a sense of community and belonging, empowering residents to lead more independent lives. By addressing the critical housing needs of disabled persons, Lock Towns helps reduce homelessness and improves overall quality of life. This initiative not only supports individuals but also contributes positively to the broader community by promoting inclusivity and accessibility.




This information is meant to be a general summary of Lock Towns Residential Facilities. 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
$276,606 (2022)
Expenses
$377,316 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,125
  • Program Service Revenue: $268,481
  • Gross Receipts: $276,606

Assets and Liabilities:

  • Total Assets: $899,797
  • Total Liabilities: $1,115,490
  • Net Assets: -$215,693

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Programs

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

RENTAL REVENUE

Revenue

$268,481

Organization Details

Founding Year

1995

Principal Officer

Mark Knobel

Main Address

2351 NW 135TH STREET, OPALOCKA, FL, 33167

NTEE Category

Code: L20 - Housing

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