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Tenants To Homeowners Inc

Lawrence Community Housing Trust

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

EIN: 481131323 ✦ Lawrence, KS ✦ Designated as a 501(c)(3)

Overview

What is Tenants To Homeowners Inc?

Tenants To Homeowners Inc, operating as Lawrence Community Housing Trust, is a dedicated nonprofit organization based in Lawrence, Kansas. Their primary mission is to establish and manage affordable housing opportunities, catering to low and moderate-income residents in the community. During 2022, they managed 123 affordable rental units and expanded their portfolio in Baldwin City. Tenants To Homeowners Inc also played a significant role in facilitating homeownership by guiding 27 households towards becoming new homeowners. In addition to their housing initiatives, the organization stewards real estate transactions, ensuring the long-term availability of 99 affordable homes in the community, thereby contributing to family and community stability.


Official website here: www.tenants-to-homeowners.org

Is Tenants To Homeowners Inc legitimate?

Tenants To Homeowners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tenants To Homeowners 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $400,306

For more financial information, click here


Official website here: www.tenants-to-homeowners.org

What is the mission statement of Tenants To Homeowners Inc?

Tenants To Homeowners Inc, as an organization, focuses on establishing stability for families and communities by providing affordable housing solutions. Their mission is achieved through the development or acquisition of properties, which are then rehabilitated, rented, or sold at affordable prices to low and moderate-income residents. In 2022, they managed 123 affordable rental units and expanded their offerings in Baldwin City. Furthermore, Tenants To Homeowners Inc played a significant role in facilitating homeownership for 27 households and stewarding 99 permanently affordable homes in trust.


Official website here: www.tenants-to-homeowners.org

Who is the CEO of Tenants To Homeowners Inc?

Rebecca Buford is the President of Tenants To Homeowners Inc.


Official website here: www.tenants-to-homeowners.org

What is the revenue of Tenants To Homeowners Inc?

Tenants To Homeowners Inc's revenue in 2022 was $4,013,484.


Official website here: www.tenants-to-homeowners.org

Who are the executives of Tenants To Homeowners Inc and what are their salaries?

The average compensation at Tenants To Homeowners Inc during 2022 was $37,331. There are 13 employees and 12 volunteers at Tenants To Homeowners Inc.

Here are 13 key members and their salaries:

    Rebecca Buford (Executive Di)
  • Compensation: $85,000
  • Related: $0
  • Other: $27,328

    • Lloyd Rainge (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Zeller (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Cleavinger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Kerich (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chelsea Benoit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Blevins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raven Harper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Selene Zepeda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Alice L'Heureux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Clopton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Crichlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tenants-to-homeowners.org

    Where can I find the form 990 for Tenants To Homeowners Inc?

    The Tenants To Homeowners Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tenants-to-homeowners.org

    Learn more at the official website: www.tenants-to-homeowners.org

    Mission Statement of Tenants To Homeowners Inc

    Tenants To Homeowners Inc, as its name suggests, is dedicated to establishing stability within families and communities through the provision of affordable housing. Their mission is multifaceted, encompassing the development or acquisition of properties, their subsequent rehabilitation, and either rental or sale to low-income families. This organization operates with a vision to empower these families, providing them with a sense of security and a foundation upon which to build their lives.

    In the year 2022, Tenants To Homeowners Inc managed 123 affordable rental units, demonstrating their commitment to making housing accessible to those who need it most. Furthermore, they expanded their reach by adding units in Baldwin City, extending their services and impact. Beyond rental properties, Tenants To Homeowners Inc also played a significant role in facilitating homeownership, turning 27 households into new homeowners through stewardship of real estate transactions. Additionally, they stewarded the creation of 99 permanently affordable homes, further solidifying their position as a champion for affordable housing.

    Impact

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




    Saturday, July 20, 2024

    Tenants To Homeowners Inc's impact is evident in its dedication to building stability for families and the community through affordable housing. In 2022, the organization managed 123 affordable rental units and facilitated additional units in Baldwin City. Furthermore, Tenants To Homeowners played a critical role in real estate transactions, assisting 27 households in becoming new homeowners. Additionally, the organization stewarded 99 permanently affordable homes in trust, ensuring long-term benefits for low and moderate-income residents in the Lawrence community. Through these efforts, Tenants To Homeowners Inc continues to make a significant impact in providing sustainable housing solutions for individuals and families 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 2022.

  • Investment Income: $53,198
  • Program Service Revenue: $804,003
  • Gross Receipts: $4,694,015

    • Assets and Liabilities:
  • Total Assets: $13,521,051
  • Total Liabilities: $4,516,487
  • Net Assets: $9,004,564
  • Programs

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

    RENTAL INCOME

    Revenue

    $520,638

    PROGRAM INCOME

    Revenue

    $283,365

    Organization Details

    Founding Year

    1992

    Principal Officer

    Rebecca Buford

    Main Address

    2518 RIDGE COURT, LAWRENCE, KS, 66046

    NTEE Category

    Code: L25 - Housing

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