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Lakeview Village Inc

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

EIN: 351439037 ✦ Speedway, IN ✦ Designated as a 501(c)(3)

Overview

What is Lakeview Village Inc?

Lakeview Village Inc, located in Speedway, Indiana, is a nonprofit organization with a focus on providing housing solutions. Specifically, they manage a 90-unit apartment project, catering to individuals with low and very low income levels, under the provisions of the National Housing Act's Section 202. With a dedicated workforce of eight employees, Lakeview Village Inc is committed to making a difference in the community by offering housing opportunities that are essential for these individuals. The organization's mission is to foster a supportive environment, ensuring that residents have access to affordable and safe living conditions.


Is Lakeview Village Inc legitimate?

Lakeview Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeview Village 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,413

For more financial information, click here


What is the mission statement of Lakeview Village Inc?
Who is the CEO of Lakeview Village Inc?
What is the revenue of Lakeview Village Inc?
Who are the executives of Lakeview Village Inc and what are their salaries?
Where can I find the form 990 for Lakeview Village Inc?

Mission Statement of Lakeview Village Inc

Lakeview Village Inc, as a nonprofit organization, is dedicated to providing housing for individuals with low or very low income, adhering to federal programs. Its mission is to offer a sanctuary for these individuals, ensuring they have access to suitable living accommodations. This commitment is materialized through the management of a 90-unit apartment project, which falls under Section 202 of the National Housing Act. By providing such housing solutions, Lakeview Village Inc contributes significantly to promoting a stable living environment for those in need, thereby enhancing their overall well-being.

Impact

This information is meant to be a general summary of Lakeview Village Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Lakeview Village Inc's impact is significant as it provides essential housing to low and very low-income individuals under federal programs. Through their ownership and operation of a 90-unit apartment project under Section 202 of the National Housing Act in Speedway, IN, they directly address the pressing need for affordable housing in the community. Their mission to provide housing to those in need aligns with their tag of "Health," highlighting the crucial role safe and stable housing plays in the overall well-being of individuals and families. By offering this support, Lakeview Village Inc positively impacts the lives of vulnerable individuals by providing them with a place to call home.





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 2023.

  • Investment Income: $2,264
  • Program Service Revenue: $705,163
  • Gross Receipts: $715,754

    • Assets and Liabilities:
  • Total Assets: $1,541,069
  • Total Liabilities: $1,807,615
  • Net Assets: -$266,546
  • Programs

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

    HAP RENTS

    Revenue

    $400,912

    OTHER TENANT RENT

    Revenue

    $304,251

    Organization Details

    Founding Year

    1979

    Principal Officer

    Timothy Paino

    Main Address

    1140 NORTH NORFOLK STREET, SPEEDWAY, IN, 46224

    NTEE Category

    Code: E20Z - Health

    If you are a representative of Lakeview Village Inc 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.