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Nonprofit · EIN 52-1253594

LAKEVIEW HOUSING AUTHORITY INC

Tax-exempt · SALISBURY, MD 21801

Financials

$397K$407K2023$422K$423K2024
Revenue Expenses · by fiscal year end
Financials of LAKEVIEW HOUSING AUTHORITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$421,567$423,329-$1,762$773,914$895,351-$121,437
December 31, 2023990$397,255$406,864-$9,609$808,590$928,265-$119,675
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$421,570
Investment income
-$3
Net gain from sales of assets
-$45
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$27,600
Other salaries and wages
$80,689
Salaries, compensation and benefits (total)
$117,509
Professional fundraising fees
$0
Legal fees
$71
Accounting fees
$12,250
Occupancy
$91,633
Depreciation
$82,818
Program services (functional)
$362,095
Management and general (functional)
$61,234

Balance sheet and other

Total assets, start of year
$808,590
Total assets, end of year
$773,914
Total liabilities, end of year
$895,351
Net assets, end of year
-$121,437
Land, buildings and equipment
$634,595
Gross receipts
$421,612
Employees
4
Volunteers
0
Year formed
1978
State of legal domicile
MD

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
RON GROTONMANAGER
Officer
20$27,600
FABIAN WHITEPRESIDENT
Trustee or director, Officer
1$0
MARVIN PARKERDIRECTOR
Trustee or director
1$0
DARLENE WHITEVICE PRESIDENT
Trustee or director, Officer
1$0
PATRICIA BEACHSECRETARY/TREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
RON GROTONMANAGER
Officer
20$24,600
FABIAN WHITEPRESIDENT
Trustee or director, Officer
1$0
MARVIN PARKERDIRECTOR
Trustee or director
1$0
DARLENE WHITEVICE PRESIDENT
Trustee or director, Officer
1$0
PATRICIA BEACHSECRETARY/TREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
406 TRINITY DR, SALISBURY, MD 21801-3111
Principal officer (990 for 2024)
FABIAN WHITE, 406 TRINITY DR, SALISBURY, MD 21801
Signed the 990
FABIAN WHITE, PRESIDENT
Phone
(410) 543-0444
Return prepared by
PKS & COMPANY PA

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND HANDICAPPED.

990 for the year ended December 31, 2024

Program accomplishments

  • LAKEVIEW HOUSING AUTHORITY MAINTAINS A 37 UNIT HOUSING PROJECT FOR ELDERLY & HANDICAPPED RESIDENTS. THESE ARE ONE AND TWO PERSON APARTMENTS. THE PROJECT RECEIVES HUD ASSISTANCE PAYMENTS FOR LOW INCOME RESIDENTS.
    Expenses $362,095 · revenue $421,525

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1253594
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$773,914
Income (IRS master file)
$421,612

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$421,567$423,329$773,914XML
990December 2023$397,255$406,864$808,590XML
990December 2022$351,934$424,301$855,153IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 52-1253594).

Questions about LAKEVIEW HOUSING AUTHORITY INC

What is the EIN of LAKEVIEW HOUSING AUTHORITY INC?
The employer identification number (EIN) of LAKEVIEW HOUSING AUTHORITY INC is 52-1253594.
Is LAKEVIEW HOUSING AUTHORITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to LAKEVIEW HOUSING AUTHORITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKEVIEW HOUSING AUTHORITY 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 LAKEVIEW HOUSING AUTHORITY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKEVIEW HOUSING AUTHORITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LAKEVIEW HOUSING AUTHORITY INC?
The 990 for the year ended December 31, 2024 names FABIAN WHITE.
Who are the officers and directors of LAKEVIEW HOUSING AUTHORITY INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $27,600 (RON GROTON, MANAGER).
How much revenue does LAKEVIEW HOUSING AUTHORITY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $421,567, expenses of $423,329 and total assets of $773,914 at year end.

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