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Lewistown Area Community Development

Spoon River Towers

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

EIN: 371089178 ✦ Lewistown, IL ✦ Designated as a 501(c)(3)

Overview

What is Lewistown Area Community Development?

Lewistown Area Community Development is a nonprofit organization situated in Lewistown, Illinois. Its primary objective is to offer subsidized apartment rental housing to around 100 low-income elderly and handicapped individuals, facilitated through the US Department of HUD Section 202 program. Their mission is dedicated to providing safe and affordable housing solutions for this specific demographic. Operating under the name Spoon River Towers, they employ a team of 5 individuals to achieve this mission.


Official website here: www.unitedchurchhomes.org

Is Lewistown Area Community Development legitimate?

Lewistown Area Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lewistown Area Community Development 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: $122,215

For more financial information, click here


Official website here: www.unitedchurchhomes.org

What is the mission statement of Lewistown Area Community Development?

Lewistown Area Community Development's mission is centered around providing safe and affordable housing solutions. Their primary goal is to cater to the needs of elderly and handicapped individuals, offering them a living space that is both secure and economically feasible. This is achieved through the utilization of the US Department of HUD Section 202 program, which facilitates the provision of subsidized apartment rentals for approximately 100 eligible individuals.


Official website here: www.unitedchurchhomes.org

Who is the CEO of Lewistown Area Community Development?

Darla Henderson is the Treasurer of Lewistown Area Community Development.


Official website here: www.unitedchurchhomes.org

What is the revenue of Lewistown Area Community Development?

Lewistown Area Community Development's revenue in 2022 was $1,114,118.


Official website here: www.unitedchurchhomes.org

Who are the executives of Lewistown Area Community Development and what are their salaries?

The average compensation at Lewistown Area Community Development during 2022 was $24,443. There are 5 employees at Lewistown Area Community Development.

Here are 4 key members and their salaries:

    Douglas Tindall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Thomas (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darla Henderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melinda Reed (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.unitedchurchhomes.org

    Where can I find the form 990 for Lewistown Area Community Development?

    The Lewistown Area Community Development’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.unitedchurchhomes.org

    Learn more at the official website: www.unitedchurchhomes.org

    Mission Statement of Lewistown Area Community Development

    Lewistown Area Community Development, as a nonprofit organization, is committed to providing a vital service. Its mission is centered around ensuring that elderly and handicapped individuals have access to safe and affordable housing options. Through the US Department of HUD Section 202 program, this organization provides subsidized apartment rental housing to approximately 100 vulnerable individuals. By doing so, Lewistown Area Community Development contributes significantly to the well-being and living standards of these individuals, enabling them to maintain a decent quality of life.

    Impact

    This information is meant to be a general summary of Lewistown Area Community Development. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lewistown Area Community Development has a significant impact on the community by providing safe and affordable housing options for low-income elderly and handicapped individuals. Through their mission to offer subsidized apartment rentals, they support approximately 100 individuals, ensuring access to quality housing through the US Department of HUD Section 202 program. This initiative not only addresses the housing needs of vulnerable populations but also contributes to enhancing their quality of life and well-being.





    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: $400
  • Program Service Revenue: $401,370
  • Gross Receipts: $1,114,118

    • Assets and Liabilities:
  • Total Assets: $2,045,755
  • Total Liabilities: $2,916,387
  • Net Assets: -$870,632
  • Programs

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

    Rental Income

    Revenue

    $401,370

    Organization Details

    Founding Year

    1951

    Principal Officer

    Darla Henderson

    Main Address

    401 North Illinois Street, Lewistown, IL, 615421120

    NTEE Category

    Code: L20 - Housing

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