Los Angeles Section 8 Simpson Lomod Corporation -6
- Assets
- $446.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/1983
- Data as of
- 12/2022
- EIN
- 95-3826714
Organization Overview
Los Angeles Section 8 Simpson Lomod Corporation -6 is located in Los Angeles, CA. The organization was established in 1983. 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. Los Angeles Section 8 Simpson Lomod Corporation -6 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, Los Angeles Section 8 Simpson Lomod Corporation -6 generated $174.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $130.8k during the year ending 12/2022. While expenses have increased by 7.6% per year over the past 8 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
HOUSING PROVISION, GENERAL/OTHER: THE ORGANIZATION WAS ABLE TO HOUSE FIVE LOW-INCOME FAMILIES IN THREE 3-BEDROOM & TWO 4-BEDROOM APARTMENT UNITS. THE ORGANIZATION WAS ALSO ABLE TO PROVIDE AND MAINTAIN A SAFE AND SANITARY HOUSING CONDITIONS FOR ITS TENANTS. (5 FAMILIES)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Booth President | 0 | $0 | |
Lisette Belon Secretary | 0 | $0 | |
Patricia Kataura Treasurer | 0 | $0 | |
Daniel Tenenbaum Board Member | 0 | $0 | |
Cielo Castro Board Member | 0 | $0 | |
Delfino DE La Cruz Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $173,384 |
| Membership dues | $0 |
| Investment income | $706 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,090 |
| 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 | $24,143 |
| Occupancy, rent, utilities, and maintenance | $72,178 |
| Printing, publications, postage, and shipping | $322 |
| Other expenses | $34,179 |
| Total expenses | $130,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,147 |
| Other assets | $0 |
| Total assets | $446,855 |
| Total liabilities | $6,860 |
| Net assets or fund balances | $439,995 |