Lake Wales Ministries Inc.
Lake Wales Ministries Inc.
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About this organization
Revenue
$2,206,698
Expenses
$947,911
Mission
Lake Wales Ministries, Inc., a wholly owned subsidiary of Mercy Housing Wheaton, NFP, was formed on September 25, 2015 in accordance with the not-for-profit statutes of the state of Florida, for the purpose of establishing, owning, and maintaining affordable low-income housing and related housing programs for the aging and indigent, under the guidelines of the U.S. Department of Housing and Urban Development (HUD) pursuant to Section 202 of the National Housing Act.
About
Establish, own, and maintain affordable low-income housing and related housing programs for the aging and indigent, under the guidelines of the U.S. Department of Housing and Urban Development (HUD) pursuant to Section 202 of the National Housing Act. The corporation owns and operates a 98-unit apartment community located in Lake Wales, FL known as Lake Wales Gardens Apartments. The apartment complex was sold on September 9, 2019.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “Lake wales ministries, inc. was formed for the purpose of establishing, owning, and maintaining affordable low-income housing and related housing programs for the aging and indigent, under the guidelines of the u.s. department of housing and urban development (hud) pursuant to section 202 of the national housing act.”.
When outlining the tasks it performs, they were referred to as: “Lake wales ministries, inc., a wholly owned subsidiary of mercy housing wheaton, nfp, was formed on september 25, 2015 in accordance with the not-for-profit statutes of the state of florida, for the purpose of establishing, owning, and maintaining affordable low-income housing and related housing programs for the aging and indigent, under the guidelines of the u.s. department of housing and urban development (hud) pursuant to section 202 of the national housing act.”.
- The non-profit's reported state of operation is FL as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 1600 BROADWAY SUITE 2000, DENVER, CO, 802025704.
- As of 2020, the non-profit has 0 employees reported on their 990 form.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,258,787.
- The organization has 0 independent voting members.
- The organization was formed in 2015.
- The organization pays $67,257 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.