Lincoln Place Development Inc
- Assets
- $463.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Freehold, NJ
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 22-3702548
Organization Overview
Lincoln Place Development Inc is located in Freehold, NJ. The organization was established in 2000. 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. Lincoln Place Development 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 12/2022, Lincoln Place Development Inc generated $65.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $52.0k during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HOUSING FOR LOW INCOME CONSUMERS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Luna President | 1 | $0 | |
John Kulesza Secretary | 1 | $0 | |
George Skerletts Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,680 |
| Total Program Service Revenue | $16,949 |
| Membership dues | $0 |
| Investment income | $258 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20,464 |
| Total Revenue | $65,351 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,529 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,487 |
| Total expenses | $52,016 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,361 |
| Other assets | $0 |
| Total assets | $463,282 |
| Total liabilities | $28,865 |
| Net assets or fund balances | $434,417 |