Overview

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Est.

1996

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LANCE HOUSING CORPORATION is a not-for-profit organization dedicated to public housing, specifically focused on acquiring and operating a 74-unit apartment community known as Lance Apartments in Carmichael, California. With an operating budget of $822.7K and total revenue of $739K for the filing year 2024, the organization plays a vital role in providing affordable housing solutions in the region.

Mission Statement

LANCE HOUSING CORPORATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA FOR THE PURPOSE OF ACQUIRING AND OPERATING A 74-UNIT APARTMENT COMMUNITY KNOWN AS LANCE APARTMENTS LOCATED IN CARMICHAEL, CALIFORNIA.
Revenues
$739K
Expenses
$822.7K
Net Income:
-$83.7K
Assets
$1.8M
Liabilities
$152.2K
Net Assets:
+$1.6M
Operating Budget
$822.7K
Operating Budget by Year

Due Diligence

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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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E
Ed Holder
Board Member
D
Doug Shoemaker
Board Member
M
Melissa Clayton
Board Member

Frequently Asked Questions

What is LANCE HOUSING CORPORATION’s budget?
In 2024, LANCE HOUSING CORPORATION reported an annual operating budget of around $823 thousand. More detailed financial information is available to registered users.
What causes does LANCE HOUSING CORPORATION support?
LANCE HOUSING CORPORATION supports work in Public housing.
Where does LANCE HOUSING CORPORATION operate?
LANCE HOUSING CORPORATION is headquartered in Denver, CO.
What is LANCE HOUSING CORPORATION’s reliance on government grants?
LANCE HOUSING CORPORATION relied on government grants for more than 10% of their total revenue in 2024.