AI Summary
Laverna Terrace Housing Corporation is a nonprofit organization dedicated to providing affordable housing facilities for low-income elderly and handicapped individuals, focusing on out-patient medical care. With an operating budget of $615.8K and total revenue of $571.1K for the filing year 2024, the organization plays a vital role in supporting vulnerable populations. It does not rely on a single funder for 50% or more of its revenue.
Mission Statement
PROVIDE AFFORDABLE HOUSING FACILITIES FOR LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS.
Cause Areas
1
Out-patient medical care
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is LAVERNA TERRACE HOUSING CORPORATION’s budget?
In 2024, LAVERNA TERRACE HOUSING CORPORATION reported an annual operating budget of around $616 thousand. More detailed financial information is available to registered users.
What causes does LAVERNA TERRACE HOUSING CORPORATION support?
LAVERNA TERRACE HOUSING CORPORATION supports work in Out-patient medical care.
Where does LAVERNA TERRACE HOUSING CORPORATION operate?
LAVERNA TERRACE HOUSING CORPORATION is headquartered in Mokena, IL.
What is LAVERNA TERRACE HOUSING CORPORATION’s reliance on government grants?
LAVERNA TERRACE HOUSING CORPORATION relied on government grants for more than 60% of their total revenue in 2024.