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Nonprofit · EIN 56-2128975

LAKEWOOD HOUSING INC

Tax-exempt · DUNN, NC 28335

Financials

$166K$180K2023$174K$238K2024$174K$189K2025
Revenue Expenses · by fiscal year end
Financials of LAKEWOOD HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$174,298$189,474-$15,176$867,450$1,520,587-$653,137
December 31, 2024990$173,805$237,565-$63,760$852,256$1,490,217-$637,961
December 31, 2023990$165,923$180,246-$14,323$904,647$1,478,848-$574,201
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$174,165
Investment income
$133
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$28,516
Salaries, compensation and benefits (total)
$36,984
Professional fundraising fees
$0
Accounting fees
$8,354
Occupancy
$3,593
Depreciation
$41,439
Program services (functional)
$141,129
Management and general (functional)
$48,345

Balance sheet and other

Total assets, start of year
$852,256
Total assets, end of year
$867,450
Total liabilities, end of year
$1,520,587
Net assets, end of year
-$653,137
Land, buildings and equipment
$696,090
Net assets without donor restrictions
-$653,137
Gross receipts
$174,298
Employees
0
Volunteers
0
Year formed
1999
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
Don G WellonsPresident/Director
Trustee or director
2$0
Lauren W WhiteVice President/Director
Trustee or director
2$0
Kathy H KennedySecretary/Treasurer
Trustee or director
2$0
Leigh Anna W ThompsonAsst Secretary/Director
Trustee or director
2$0
Sylvia W CraftDirector
Trustee or director
2$0
Gene T JerniganDirector
Trustee or director
2$0
Andrea C HowardDirector
Trustee or director
2$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
Don G WellonsPresident/Director
Trustee or director
2$0
Lauren W WhiteVice President/Director
Trustee or director
2$0
Kathy H KennedySecretary/Treasurer
Trustee or director
2$0
Leigh Anna W ThompsonAsst Secretary/Director
Trustee or director
2$0
Sylvia W CraftDirector
Trustee or director
2$0
Gene T JerniganDirector
Trustee or director
2$0
Andrea C HowardDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Don G WellonsPresident/Director
Trustee or director
2$0
Lauren W WhiteVice President/Director
Trustee or director
2$0
Kathy H KennedySecretary/Treasurer
Trustee or director
2$0
Leigh Anna W ThompsonAsst Secretary/Director
Trustee or director
2$0
Sylvia W CraftDirector
Trustee or director
2$0
Gene T JerniganDirector
Trustee or director
2$0
Andrea C HowardDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 1254, DUNN, NC 28335-1254
Principal officer (990 for 2025)
DON G WELLONS, PO Box 1254, Dunn, NC 28335
Signed the 990
DON G WELLONS, PRESIDENT
Phone
(910) 892-0436
Return prepared by
Patterson & Associates PLLC

Mission

REDUCED RENT HOUSING FOR ELDERLY

990 for the year ended December 31, 2025

Program accomplishments

  • Provide elderly & handicapped persons with reduced rent housing & services specially designed to meet their physical, social, & psychological needs to promote their health, security,happiness, & usefulness in longer living. 23 units provided.
    Expenses $141,129 · revenue $174,298

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-2128975
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
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$867,450
Income (IRS master file)
$174,298

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$174,298$189,474$867,450IRS
990December 2024$173,805$237,565$852,256XML
990December 2023$165,923$180,246$904,647XML
990December 2022$160,929$163,512$919,359IRS
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 56-2128975).

Questions about LAKEWOOD HOUSING INC

What is the EIN of LAKEWOOD HOUSING INC?
The employer identification number (EIN) of LAKEWOOD HOUSING INC is 56-2128975.
Is LAKEWOOD HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to LAKEWOOD HOUSING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKEWOOD HOUSING 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 LAKEWOOD HOUSING 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 LAKEWOOD HOUSING 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 LAKEWOOD HOUSING INC?
The 990 for the year ended December 31, 2025 names DON G WELLONS.
Who are the officers and directors of LAKEWOOD HOUSING INC?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does LAKEWOOD HOUSING INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $174,298, expenses of $189,474 and total assets of $867,450 at year end.

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