Lancer Educational Housing Corporation

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

EIN: 260271058 ✦ Riverside, CA ✦ Designated as a 501(c)(3)

Overview

What is Lancer Educational Housing Corporation?

Lancer Educational Housing Corporation is a nonprofit organization based in Riverside, California, with the address 8432 Magnolia Ave, ZIP code 92504. Their primary mission is to optimize the utilization of housing resources by acquiring, constructing, and owning residential facilities for California Baptist University (CBU), students, faculty, and staff. By purchasing and leasing housing stock to these groups, Lancer Educational Housing Corporation plays a crucial role in furthering the educational experience and support of the CBU community.


Is Lancer Educational Housing Corporation legitimate?

Lancer Educational Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lancer Educational Housing 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.

Here are some key statistics you may want to consider:

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

For more financial information, click here


What is the mission statement of Lancer Educational Housing Corporation?
Who is the CEO of Lancer Educational Housing Corporation?
What is the revenue of Lancer Educational Housing Corporation?
Who are the executives of Lancer Educational Housing Corporation and what are their salaries?
Where can I find the form 990 for Lancer Educational Housing Corporation?

Mission Statement of Lancer Educational Housing Corporation

Lancer Educational Housing Corporation, a renowned organization, plays a significant role in the education and support of California Baptist University (CBU) students, faculty, and staff. Instead of just leasing housing stock to the university, the corporation goes the extra mile by purchasing and constructing residential facilities specifically for this purpose.

By efficiently utilizing housing resources, Lancer Educational Housing Corporation not only leases properties to CBU but also acquires, constructs, and owns additional residential facilities for students, faculty, and staff. This commitment ensures a steady supply of accommodation options for the university community, ultimately contributing to a thriving academic environment.

Impact

This information is meant to be a general summary of Lancer Educational Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Lancer Educational Housing Corporation's impact is significant in facilitating the education and support of students, faculty, and staff of California Baptist University (CBU) by purchasing housing stock and leasing it to them. By maximizing the efficient use of housing resources, the corporation plays a crucial role in providing residential facilities for the university community. This support contributes to creating a conducive environment for academic and personal growth for individuals associated with CBU.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $5,794
  • Program Service Revenue: $25,708,316
  • Gross Receipts: $25,714,110

    • Assets and Liabilities:
  • Total Assets: $202,516,837
  • Total Liabilities: $186,573,573
  • Net Assets: $15,943,264
  • Programs

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

    STUDENT HOUSING FEES

    Revenue

    $21,319,907

    LEASE INCOME

    Revenue

    $4,388,409

    Organization Details

    Founding Year

    2007

    Principal Officer

    Mark Howe

    Main Address

    8432 MAGNOLIA AVE, RIVERSIDE, CA, 92504

    NTEE Category

    Code: B80 - Education

    If you are a representative of Lancer Educational Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.