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Lone Star Housing And Community Development Corporation

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

EIN: 742757266 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Lone Star Housing And Community Development Corporation?

Lone Star Housing and Community Development Corporation, located in Austin, Texas, is a small-scale nonprofit organization with a mission to develop, operate, and manage affordable housing and related support programs for low-income families. Their activities encompass the development and management of affordable living spaces, offering vital opportunities to families in financial need. With a single employee, this dedicated organization works tirelessly to contribute to the community by addressing housing affordability issues.


Official website here: www.none

Is Lone Star Housing And Community Development Corporation legitimate?

Lone Star Housing And Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lone Star Housing And Community Development 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,560

For more financial information, click here


Official website here: www.none

What is the mission statement of Lone Star Housing And Community Development Corporation?

Lone Star Housing And Community Development Corporation is dedicated to the development, operation, and management of affordable housing and related support programs and opportunities for low-income families. Their mission is to create and provide affordable living spaces, along with relevant support services, for families in financial need. The corporation strives to enhance the living conditions and prospects of these families, ensuring they have access to necessary resources and opportunities.


Official website here: www.none

What is the revenue of Lone Star Housing And Community Development Corporation?

Lone Star Housing And Community Development Corporation's revenue in 2023 was $399,609.


Official website here: www.none

Who are the executives of Lone Star Housing And Community Development Corporation and what are their salaries?

The average compensation at Lone Star Housing And Community Development Corporation during 2023 was $128,560. There is 1 employee at Lone Star Housing And Community Development Corporation.

Here are 6 key members and their salaries:


Laura Warner Gilmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfredo Castaneda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Miller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Stuever (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miranda Hedlund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Grandt (Executive Director/Secreta)
  • Compensation: $106,500
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Lone Star Housing And Community Development Corporation?

Lone Star Housing And Community Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Lone Star Housing And Community Development Corporation

Lone Star Housing and Community Development Corporation is dedicated to the development, operation, and management of affordable housing and related support programs for low-income families. This nonprofit organization aims to create and provide affordable housing opportunities, ensuring that families in need have access to decent living conditions. Beyond housing, Lone Star Housing and Community Development Corporation also offers various support programs to enhance the lives of these families.

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Impact




October, 2024

Lone Star Housing And Community Development Corporation significantly impacts the community by focusing on the development, operation, and management of affordable housing and related support programs. Located in Austin, Texas, the organization addresses the pressing need for accessible housing options for low-income families, providing them with not just shelter but also opportunities for a better quality of life.

By creating affordable housing, Lone Star Housing opens doors for families to thrive, promoting stability and enabling residents to invest in their future. In addition to housing, their support programs offer essential resources that empower families, helping to break the cycle of poverty. This holistic approach fosters community development and contributes to the overall economic and social wellbeing of the area, enhancing the lives of countless individuals and families in the region.




This information is meant to be a general summary of Lone Star Housing And Community Development 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.

Revenue
$399,609 (2023)
Expenses
$511,471 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $68,996
  • Program Service Revenue: $195,613
  • Gross Receipts: $399,609

Assets and Liabilities:

  • Total Assets: $22,808,428
  • Total Liabilities: $19,710,522
  • Net Assets: $3,097,906

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Programs

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

PARTNERSHIP MANAGEMENT

Revenue

$160,613

SERVICES

Revenue

$35,000

Organization Details

Founding Year

1995

Principal Officer

Michelle Grandt

Website

www.none

NTEE Category

Code: L80Z - Housing

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