Lifespring Centerplace Ii Inc
- Assets
- $178.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Albany, IN
- Founding
- 05/1991
- EIN
- 35-1814300
Organization Overview
Lifespring Centerplace Ii Inc is located in New Albany, IN. The organization was established in 1991. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifespring Centerplace Ii 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 undefined, Lifespring Centerplace Ii Inc generated $42.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $40.1k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
LIFESPRING CENTERPLACE II, INC. WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 10 UNIT APARTMENT COMMUNITY IN JEFFERSONVILLE, INDIANA, KNOWN AS CENTERPLACE II APARTMENTS, PURSUANT TO SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE CORPORATION HAS EXECUTED THE STANDARD REGULATORY AGREEMENTS WITH HUD WHICH GOVERNS THE OPERATIONS OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. IN ADDITION, THE CORPORATION HAS ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT WITH HUD. THE PRAC CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES OR PERSONS AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Bates President | 0.2 | $0 | |
Nick Clark Secretary/treasurer | 1.75 | $0 | |
Darnell Jackson Member | 0.2 | $0 | |
Jeana Bateman Vice President | 0.2 | $0 | |
Joe Kimmel Member | 0.2 | $0 | |
Renee Baines Member | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,431 |
| Total Program Service Revenue | $16,776 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $108 |
| Total Revenue | $42,315 |
| Statement of Expenses | |
|---|---|
| Total expenses | $40,089 |
| Balance Sheet | |
|---|---|
| Total assets | $178,104 |
| Total liabilities | $13,662 |
| Net assets or fund balances | $164,442 |
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