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Lewis-Toran Retirement Community Inc

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

EIN: 752690333 ✦ Beaumont, TX ✦ Designated as a 501(c)(3)

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Overview

What is Lewis-Toran Retirement Community Inc?

Lewis-Toran Retirement Community Inc is a nonprofit organization dedicated to catering to the needs of senior citizens. Central to their mission is the provision of affordable housing for individuals with limited income, as part of their broader commitment to senior living and retirement communities. By offering such housing projects, they contribute significantly to the well-being and comfort of this demographic, ensuring they can maintain an acceptable standard of living during their retirement years.

Is Lewis-Toran Retirement Community Inc legitimate?

Lewis-Toran Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lewis-Toran Retirement Community 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: $23,427

For more financial information, click here

What is the mission statement of Lewis-Toran Retirement Community Inc?

The mission of Lewis-Toran Retirement Community Inc. is centered around providing senior citizens housing, specifically for those with limited income. As part of their commitment, they operate a low-income senior housing project, aiming to contribute positively to the retirement community landscape. This initiative underscores their dedication to offering suitable living solutions for senior citizens, ensuring they maintain a dignified lifestyle despite financial constraints.

Who is the CEO of Lewis-Toran Retirement Community Inc?

Yvonne Lewis is the Secretary of Lewis-Toran Retirement Community Inc.

What is the revenue of Lewis-Toran Retirement Community Inc?

Lewis-Toran Retirement Community Inc's revenue in 2023 was $157,516.

Who are the executives of Lewis-Toran Retirement Community Inc and what are their salaries?


Here are 3 key members and their salaries:


Julia Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Lewis (Vice-Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Lewis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lewis-Toran Retirement Community Inc?

Lewis-Toran Retirement Community Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lewis-Toran Retirement Community Inc

Lewis-Toran Retirement Community Inc is dedicated to offering senior citizens low-income housing as part of its broader commitment to providing retirement communities and senior citizens housing. This mission aims to provide a suitable living environment for seniors who may have limited financial resources, ensuring they can enjoy their retirement years with dignity and comfort. The organization's senior citizens low-income housing project serves as a testament to its commitment to supporting the needs of the elderly population, thereby contributing to a stronger and more inclusive community.

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Impact




October, 2024

Lewis-Toran Retirement Community Inc significantly impacts the lives of senior citizens in Beaumont, TX, by providing affordable housing tailored for low-income individuals. This initiative addresses a critical need for accessible and secure living environments for seniors, enabling them to maintain their independence and dignity during retirement.

By focusing on low-income housing, Lewis-Toran ensures that financial constraints do not prevent elderly residents from enjoying a comfortable and supportive community. This alleviates the burden of housing costs, allowing seniors to allocate their limited resources toward health care and other essential needs.

The community fosters social engagement and reduces isolation among seniors, creating a network of support and companionship. Through its commitment to enhancing the quality of life for its residents, Lewis-Toran Retirement Community acts as a cornerstone of stability and care in the region, demonstrating a profound dedication to the well-being of senior citizens.




This information is meant to be a general summary of Lewis-Toran Retirement Community 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
$157,516 (2023)
Expenses
$187,777 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $539
  • Program Service Revenue: $156,977
  • Gross Receipts: $157,516

Assets and Liabilities:

  • Total Assets: $590,679
  • Total Liabilities: $954,307
  • Net Assets: -$363,628

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Programs

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

HUD SECTION 8 RENTAL A

Revenue

$97,826

TENANT RENT

Revenue

$60,766

VACANCIES

Revenue

-$1,615

Organization Details

Founding Year

1996

Principal Officer

Yvonne Lewis

Main Address

1390 BROADWAY, BEAUMONT, TX, 77701

NTEE Category

Code: L22 - Housing

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