Lamar Haven Inc
- Assets
- $149.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fayette, AL
- Founding
- 03/1993
- Data as of
- 09/2023
- EIN
- 58-2034686
Organization Overview
Lamar Haven Inc is located in Fayette, AL. The organization was established in 1993. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Lamar Haven 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 09/2023, Lamar Haven Inc generated $33.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $39.8k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 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
GROUP HOME FINANCED PRIMARILY BY A U. S. DEPT OF HUD SECTION 811 CAPITAL ADVANCE AGREEMENT. THE HOME SERVES AS THE RESIDENCE FOR 6 MENTALLY RETARDED PERSONS. TENANTS HAVE THEIR RENTS SUBSIDIZED IN PART BY A SECTION 811 SUBSIDY. DURING FYE 9/30/2022, THE GROUP HOME ENCOUNTERED A 65.33% OCCUPANCY RATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carley Salters Property Man | 0 | $0 | |
Toni Robertson President | 0 | $0 | |
Greg Moore Board Member | 0 | $0 | |
Lynnette Ogden Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,777 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,795 |
| 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 | $5,227 |
| Occupancy, rent, utilities, and maintenance | $2,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,169 |
| Total expenses | $39,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,598 |
| Other assets | $0 |
| Total assets | $149,399 |
| Total liabilities | $314,554 |
| Net assets or fund balances | -$165,155 |