Luther Village Iii Of Dover Inc

Organization Overview

Luther Village Iii Of Dover Inc is located in Dover, DE. The organization was established in 2012. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Luther Village Iii Of Dover Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Luther Village Iii Of Dover Inc generated $428.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $557.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION OPERATES AN APARTMENT FACILITY FOR THE ELDERLY IN DOVER, DE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATE AND MAINTAIN AN APARTMENT COMPLEX FOR ELDERLYLOW INCOME TENANTS


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Board, Officers & Key Employees

Name (title)Compensation
Hazel M Partridge
Secretary
$0
Rick Murphy
President
$0
Richard Foskett
Vice President
$0
Ron Morella
Treasurer
$0
Kimberly Mendoza
Executive Director
$0
Barbara Impollonia
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$426,379
Investment income $8
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $428,311

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Luther Village Iii Of Dover Inc has recieved totaling $313,040.

Awarding OrganizationAmount
Lutheran Senior Services Of Dover Inc

Dover, DE

PURPOSE: DEVELOPMENT OF HOUSING FOR ELDERLY LOW INCOME TENANTS

$313,040
View Grant Recipient Profile

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