Park Lanes Homes Incorporated
- Assets
- $244.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mandan, ND
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 45-0308582
Organization Overview
Park Lanes Homes Incorporated is located in Mandan, ND. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Lanes Homes Incorporated is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Park Lanes Homes Incorporated generated $53.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $48.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 2 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME RESIDENTS OF THIS COMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Klundt President | 0.25 | $0 | |
Dillion Formo Vice Preside | 0.25 | $0 | |
Mark Kluves Director | 0.25 | $0 | |
Jake Devries Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,020 |
| Total Program Service Revenue | $47,539 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,563 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $388 |
| Professional fees and other payments to independent contractors | $7,162 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,037 |
| Total expenses | $48,587 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,204 |
| Other assets | $0 |
| Total assets | $244,111 |
| Total liabilities | $131,253 |
| Net assets or fund balances | $112,858 |