Lasker Village Apartments
Lasker Village Apartments
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About this organization
Revenue
$112,110
Expenses
$134,720
Mission
Provide affordable housing for elderly and handicapped person under the HUD Section 811 program.
About
The corporation was organized as a nonprofit entity on December 22, 1994. The corporation entered into an agreement with the Department of Housing and Urban Development to acquire an interest in real property located in San Antonio, Texas, and to construct and operate thereon an apartment complex of 24 units, under Section 811 of the National Affordable Housing Act of 1990 with Sec. 8 housing assistance. Such projects are regulated by HUD as to rent charges and operating methods. The project was funded by a capital advance under Section 811 of the National Affordable Housing Act of 1990, as amended. Under this program a mortgage note is issued that shall bear no interest and payment is not required so long as the housing remains available for very low-income elderly persons or very low-income persons with disabilities in accordance with Section 811 of the National Affordable Housing Act of 1990, as amended.
Interesting data from their 2017 990 filing
The non-profit's mission, as described in the filing, is “The corporation was organized as a nonprofit entity on december 22, 1994. the corporation entered into an agreement with the department of housing and urban development to acquire an interest in real property located in san antonio, texas, and to construct and operate thereon an apartment complex of 24 units, under section 811 of the national affordable housing act of 1990 with sec. 8 housing assistance. such projects are regulated by hud as to rent charges and operating methods. the project was funded by a capital advance under section 811 of the national affordable housing act of 1990, as amended. under this program a mortgage note is issued that shall bear no interest and payment is not required so long as the housing remains available for very low-income elderly persons or very low-income persons with disabilities in accordance with section 811 of the national affordable housing act of 1990, as amended.”.
When describing its duties, they were characterized as: “Provide affordable housing for elderly and handicapped person under the hud section 811 program.”.
- The non-profit has complied with legal regulations by reporting their state of operation as TX.
- The filing shows that the non-profit's address as of 2017 is 4702-2 WEST AVENUE, SAN ANTONIO, TX, 78213.
- As of 2017, the non-profit has reported a total of 0 employees on their form.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$22,610.
- The organization has 11 independent voting members.
- The organization was formed in 1994.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.