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Lakeside Partners Of Wilmington Inc

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

EIN: 472014889 ✦ Wilmington, NC ✦ Designated as a 501(c)(3)

Overview

What is Lakeside Partners Of Wilmington Inc?

Lakeside Partners of Wilmington Inc. is a North Carolina-based nonprofit corporation, established in 2010, with a mission to address chronic homelessness among single men and women with disabilities. They are dedicated to developing, constructing, and managing permanent supportive rental housing communities. Their initial project, Phase 1, includes a congregate living facility with 16 one-bedroom units, while Phase 2 aims to provide an additional 24 rental housing units. The organization's goal is to offer a supportive living environment to help these individuals overcome their challenges and improve their quality of life.


Is Lakeside Partners Of Wilmington Inc legitimate?

Lakeside Partners Of Wilmington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeside Partners Of Wilmington 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: $0

For more financial information, click here


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

Mission Statement of Lakeside Partners Of Wilmington Inc

Lakeside Partners of Wilmington, Inc., a North Carolina-based corporation established in 2010, is dedicated to addressing the issue of chronic homelessness among single men and women with disabilities. Their mission is twofold: to develop, construct, and manage permanent supportive rental housing communities. Their first phase of development involves the creation of a congregate living facility, comprising 16 one-bedroom units, serving as a home for this vulnerable population. The second and final phase of their project will see the addition of an additional 24 rental housing units, further expanding their capacity to provide safe and supportive living environments. Lakeside Partners of Wilmington, Inc., through its initiatives, aims to provide a lasting solution to the challenges faced by individuals with a history of chronic homelessness and disabilities, empowering them to rebuild their lives with dignity and independence.

Impact

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




Saturday, July 20, 2024

Lakeside Partners Of Wilmington Inc's impact lies in providing a crucial solution to address the issue of chronic homelessness among single men and women with disabilities. By developing, building, and operating permanent supportive rental housing, this organization is offering a lifeline to individuals who have faced significant challenges in finding stable housing. Through their focused mission, Lakeside Partners Of Wilmington Inc is helping to create a supportive community that can empower individuals to rebuild their lives and find stability. This initiative not only addresses the immediate need for housing but also aims to provide a long-term solution that can positively impact the lives of those in need.





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: $9,822
  • Program Service Revenue: $335,126
  • Gross Receipts: $2,479,540

    • Assets and Liabilities:
  • Total Assets: $8,883,209
  • Total Liabilities: $1,750,202
  • Net Assets: $7,133,007
  • Programs

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

    Rental Income

    Revenue

    $335,126

    Organization Details

    Founding Year

    2010

    Principal Officer

    Matt Thompson

    Main Address

    811 Martin Street, Wilmington, NC, 28401

    NTEE Category

    Code: L20 - Housing

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