Lytton IV Housing Corporation
Lytton IV Housing Corporation
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About this organization
Mission
To provide quality senior communities, encompassing housing, social & health care services.
About
Lytton IV Housing Corporation is a nonprofit public benefit corporation incorporated in the state of California to develop, construct and operate a 51 unit independent living apartment complex (the 'project') in Palo Alto, California for low income seniors. The project is operated under Section 202 of the National Housing Act, as amended. Such projects are regulated by the United States Department of Housing and Urban Development (HUD) as to allowable rent charges, operating methods and use of assets. The project consists of 50 partially subsidized units and one employee unit. The project received project rental assistance contract (PRAC) payments of $227,643 during the year ended March 31, 2020. 76 people were served during the year.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “To provide lower income seniors with quality communities, encompassing housing, social & health care services.”.
When detailing its duties, they were outlined as: “To provide quality senior communities, encompassing housing, social & health care services.”.
- The state in which the non-profit is legally registered to operate is CA, as per legal records.
- The filing documents the non-profit's address in 2020 as 2185 N CALIFORNIA BLVD NO 215, WALNUT CREEK, CA, 94596.
- The non-profit's form for the year 2020 reports a total of 4 employees on their payroll.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$121,329.
- The organization has 8 independent voting members.
- The organization was formed in 1992.
- The organization pays $78,070 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.