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Nonprofit · EIN 72-1346868

RAYNE ELDERLY HOUSING CORPORATION

Also known as LEISURE LANE

Tax-exempt · RAYNE, LA 70578

Financials

$213K$211K2023$210K$273K2024
Revenue Expenses · by fiscal year end
Financials of RAYNE ELDERLY HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$210,474$273,232-$62,758$1,000,031$204,289$795,742
December 31, 2023990$212,695$211,292$1,403$1,027,930$169,430$858,500
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$200,845
Investment income
$8,490
Other revenue
$1,139

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$51,139
Salaries, compensation and benefits (total)
$87,778
Professional fundraising fees
$0
Legal fees
$104
Accounting fees
$17,642
Occupancy
$85,006
Travel
$1,871
Depreciation
$35,558
Program services (functional)
$177,912
Management and general (functional)
$95,320

Balance sheet and other

Total assets, start of year
$1,027,930
Total assets, end of year
$1,000,031
Total liabilities, end of year
$204,289
Net assets, end of year
$795,742
Land, buildings and equipment
$572,399
Net assets without donor restrictions
-$335,051
Net assets with donor restrictions
$1,130,793
Gross receipts
$210,474
Employees
6
Year formed
1996
State of legal domicile
LA

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 / weekCompensationFrom related orgsOther / benefits
MELANIE RIBEIROVICE PRESIDE
Trustee or director, Officer
0.7$0$445,620$75,384
MARIA CORDONESECRETARY
Trustee or director, Officer
0.3$0$0$0
TONY FRANSETTADIRECTOR
Trustee or director
0.1$0$0$0
EDWARD ROMERODIRECTOR
Trustee or director
0.1$0$0$0
ERICA SCHMELZERTREASURER
Trustee or director, Officer
0.4$0$0$0
CHRISTOPHER SHELTONPRESIDENT
Trustee or director, Officer
0.5$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MELANIE RIBEIRODIRECTOR/VP
Trustee or director, Officer
0.7$0$424,921$72,591
MARIA CORDONESECRETARY
Trustee or director, Officer
0.3$0$0$0
TONY FRANSETTADIRECTOR
Trustee or director
0.1$0$0$0
EDWARD ROMEROVP/DIRECTOR
Trustee or director, Officer
0.1$0$0$0
ERICA SCHMELZERTREASURER
Trustee or director, Officer
0.4$0$0$0
CHRISTOPHER SHELTONPRESIDENT
Trustee or director, Officer
0.5$0$0$0

Address and contacts

Address (IRS master file)
611 SUNRISE STREET, RAYNE, LA 70578-8596
Principal officer (990 for 2024)
MELANIE RIBEIRO, 1200 SOUTH PINE ISLAND ROAD STE 300, PLANTATION, FL 33324
Signed the 990
MELANIE RIBEIRO, VICE PRESIDENT
Phone
(954) 835-9200
Return prepared by
BELLOWS ASSOCIATES PA

Mission

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).
    Expenses $177,912 · revenue $201,984

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
72-1346868
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,000,031
Income (IRS master file)
$210,474

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$210,474$273,232$1,000,031XML
990December 2023$212,695$211,292$1,027,930XML
990December 2022$186,849$172,427$985,949IRS
990December 2021–––IRS
990December 2020–––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 72-1346868).

Questions about RAYNE ELDERLY HOUSING CORPORATION

What is the EIN of RAYNE ELDERLY HOUSING CORPORATION?
The employer identification number (EIN) of RAYNE ELDERLY HOUSING CORPORATION is 72-1346868.
Is RAYNE ELDERLY HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to RAYNE ELDERLY HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAYNE ELDERLY HOUSING CORPORATION 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 RAYNE ELDERLY HOUSING CORPORATION 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 RAYNE ELDERLY HOUSING CORPORATION 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 RAYNE ELDERLY HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 names MELANIE RIBEIRO.
Who are the officers and directors of RAYNE ELDERLY HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does RAYNE ELDERLY HOUSING CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $210,474, expenses of $273,232 and total assets of $1,000,031 at year end.

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