Overview
What is Lake Como Church Of Christ Community Of Hope Inc?
Lake Como Church of Christ Community of Hope Inc, located in Dallas, Texas, is a nonprofit organization that has been granted low-income housing subsidies by the U.S. Department of Housing and Urban Development (HUD). This subsidy enables the provision of 40 affordable housing units to eligible tenants, specifically for the elderly, individuals with disabilities, and those with handicaps. The organization's primary mission is to cater to this specific demographic by offering affordable housing options. With a small team of just two employees, Lake Como Church of Christ Community of Hope Inc continues to serve its community, providing a vital resource for those in need.
Official website here: www.lakecomoapts.com
Is Lake Como Church Of Christ Community Of Hope Inc legitimate?
Lake Como Church Of Christ Community Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Como Church Of Christ Community Of Hope 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: $63,954
For more financial information, click here
Official website here: www.lakecomoapts.com
What is the mission statement of Lake Como Church Of Christ Community Of Hope Inc?
Lake Como Church of Christ Community of Hope Inc is committed to providing affordable housing options for the elderly, handicapped, and disabled individuals. They achieved this by establishing a 40-unit apartment complex, which was subsidized by the US Department of Housing and Urban Development (HUD). The organization aims to offer suitable living spaces to qualified tenants, ensuring they have access to housing that fits their financial circumstances. This initiative contributes to enhancing the quality of life for those in need, providing them with a secure and comfortable living environment.
Official website here: www.lakecomoapts.com
What is the revenue of Lake Como Church Of Christ Community Of Hope Inc?
Lake Como Church Of Christ Community Of Hope Inc's revenue in 2023 was $402,421.
Official website here: www.lakecomoapts.com
Who are the executives of Lake Como Church Of Christ Community Of Hope Inc and what are their salaries?
The average compensation at Lake Como Church Of Christ Community Of Hope Inc during 2023 was $31,977. There are 2 employees at Lake Como Church Of Christ Community Of Hope Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lakecomoapts.com
Where can I find the form 990 for Lake Como Church Of Christ Community Of Hope Inc?
Lake Como Church Of Christ Community Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lakecomoapts.com
Learn more at the official website: www.lakecomoapts.com
Mission Statement of Lake Como Church Of Christ Community Of Hope Inc
Lake Como Church of Christ Community of Hope Inc is committed to providing affordable housing solutions for the elderly, handicapped, and disabled individuals. Through their mission, they have established 40 housing units that are subsidized by the U.S. Department of Housing and Urban Development (HUD). Qualified tenants can reside in this 40-unit apartment complex located in Fort Worth, TX. The organization's efforts aim to make housing more accessible and affordable for those who may otherwise struggle to secure such accommodations. By providing these units, Lake Como Church of Christ Community of Hope Inc contributes to the well-being and independence of its residents, ensuring they have a safe and comfortable living environment.
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Impact
October, 2024
Lake Como Church of Christ Community of Hope Inc significantly impacts the lives of vulnerable populations in Fort Worth, Texas, by providing 40 affordable housing units specifically designed for the elderly, handicapped, and disabled. This initiative addresses a critical need for low-income housing in the area, offering subsidized living options through support from the U.S. Department of Housing and Urban Development (HUD). By creating accessible and safe living environments, the organization helps enhance the quality of life for qualified tenants, ensuring they have a stable and dignified place to call home.
This information is meant to be a general summary of Lake Como Church Of Christ Community Of Hope 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.
- Investment Income: $2,591
- Program Service Revenue: $399,830
- Gross Receipts: $402,421
Assets and Liabilities:
- Total Assets: $786,909
- Total Liabilities: $1,749,650
- Net Assets: -$962,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$399,830
Organization Details
Founding Year
1985
Principal Officer
Patrick Thomas
Website
www.lakecomoapts.comNTEE Category
Code: L22 - Housing
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