Nonprofit · EIN 14-1822059
LCS HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt · ALBANY, NY 12203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $213,730 | $203,518 | $10,212 | $351,422 | $24,293 | $327,129 |
| December 31, 2024 | 990 | $204,734 | $159,227 | $45,507 | $369,598 | $54,975 | $314,623 |
| December 31, 2023 | 990-EZ | $180,986 | $130,668 | $50,318 | $325,259 | $58,059 | $267,200 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $149,555
- of which government grants
- $149,555
- Program service revenue
- $61,787
- Investment income
- $1,188
- Other revenue
- $1,200
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $32,843
- Salaries, compensation and benefits (total)
- $41,565
- Professional fundraising fees
- $0
- Legal fees
- $3,000
- Accounting fees
- $8,198
- Occupancy
- $100,256
- Depreciation
- $15,230
- Program services (functional)
- $144,043
- Management and general (functional)
- $59,475
Balance sheet and other
- Total assets, start of year
- $369,598
- Total assets, end of year
- $351,422
- Total liabilities, end of year
- $24,293
- Net assets, end of year
- $327,129
- Land, buildings and equipment
- $190,586
- Net assets without donor restrictions
- $327,129
- Gross receipts
- $213,730
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES EARLY | DIRECTOR Trustee or director | 1 | $0 |
| REV LEO MARKERT | DIRECTOR Trustee or director | 1 | $0 |
| AL TURO | DIRECTOR Trustee or director | 1 | $0 |
| NOEL OLSEN | PRESIDENT Officer | 1 | $0 |
| MARY OLSEN | SECRETARY/VP Officer | 1 | $0 |
| KATHERINE TRUDEAU | TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES EARLY | DIRECTOR Trustee or director | 1 | $0 |
| REV LEO MARKERT | DIRECTOR Trustee or director | 1 | $0 |
| NOEL OLSEN | PRESIDENT Officer | 1 | $0 |
| MARY OLSEN | SECRETARY/VP Officer | 1 | $0 |
| KATHERINE TRUDEAU | TREASURER Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES EARLY | DIRECTOR | 1 | $0 |
| MARGGIE SKINNER | DIRECTOR | 1 | $0 |
| REV LEO MARKERT | DIRECTOR | 1 | $0 |
| NOEL OLSEN | PRESIDENT | 1 | $0 |
| MARY OLSEN | SECRETARY/VP | 1 | $0 |
| KATHERINE TRUDEAU | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 41 N MAIN AVE, ALBANY, NY 12203-1414
- In care of
- % CHARLES J TOBIN III ESQUIRE
- Principal officer (990 for 2025)
- NOEL OLSEN, 41 NORTH MAIN AVENUE, ALBANY, NY 12203
- Signed the 990
- NOEL OLSEN, PRESIDENT
- Phone
- (518) 459-0183
- Return prepared by
- CNA TAX PROFESSIONALS INC
Mission
LOW INCOME HOUSING FOR THE DISABLED.
Program accomplishments
- EXPENSES DIRECTLY RELATED TO THE CONTINUOUS MAINTENANCE AND OPERATION OF A 12 UNIT COMPLEX FOR THE DISABLED INDIVIDUALS IN SCHENECTADY, NEW YOK UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND SUBSTIDIZED BY A CONTRACT WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.Expenses $144,043 · revenue $61,787
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 14-1822059
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $351,422
- Income (IRS master file)
- $213,730
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $213,730 | $203,518 | $351,422 | XML |
| 990 | December 2024 | $204,734 | $159,227 | $369,598 | XML |
| 990-EZ | December 2023 | $180,986 | $130,668 | $325,259 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1822059).
Questions about LCS HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of LCS HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of LCS HOUSING DEVELOPMENT FUND COMPANY INC is 14-1822059.
- Is LCS HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does LCS HOUSING DEVELOPMENT FUND COMPANY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LCS HOUSING DEVELOPMENT FUND COMPANY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LCS HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LCS HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2025 names NOEL OLSEN.
- Who are the officers and directors of LCS HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does LCS HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $213,730, expenses of $203,518 and total assets of $351,422 at year end.
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