Form 990 for tax year 2022

Filed by LUCAS HOUSING SERVICES CORPORATION.

Totals

Total revenue: $901,252
Total expenses: $1,589,307
Contributions and grants received: $757,660
Grants paid: $0
Program service revenue: $341,874
Investment income: -$200,451
Other revenue: $2,169
Total assets, end of year: $2,805,827
Total liabilities, end of year: $459,599
Net assets or fund balances, end of year: $2,346,228
Program services expenses (Part IX): $1,489,770
Management and general expenses: $99,537
Fundraising expenses: $0
Program service expenses (Part III): $1,489,770

Program services were 93.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$747,910
1f · All other contributions, gifts and grants

$9,750
2a · Program service revenue: RENTAL PAYMENTS

total $341,874 · related or exempt $341,874
7a · Gross sales of assets other than inventory

other assets $508,482
7b · Less cost or other basis and sales expenses

other assets $708,933
7c · Gain or loss

other assets -$200,451
7d · Net gain or loss

total -$200,451 · related or exempt -$200,451
11a · Other revenue: MISC REVENUE

total $1,281 · related or exempt $1,281
11b · Other revenue: INSURANCE PROCEEDS

total $888 · related or exempt $888
11e · Other revenue, total

$2,169

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $45,182 · program services $45,182
9 · Other employee benefits

total $10,562 · program services $10,562
11a · Fees: management

total $51,624 · management and general $51,624
11b · Fees: legal

total $500 · management and general $500
11c · Fees: accounting

total $11,718 · management and general $11,718
11g · Fees: other

total $35,695 · management and general $35,695
12 · Advertising and promotion

total $22,751 · program services $22,751
13 · Office expenses

total $13,435 · program services $13,435
16 · Occupancy

total $178,972 · program services $178,972
22 · Depreciation, depletion and amortization

total $180,523 · program services $180,523
23 · Insurance

total $54,197 · program services $54,197
24a · Other expenses: NON-ROUTINE MAINTENANCE

total $729,277 · program services $729,277
24b · Other expenses: REPAIRS & MAINTENANCE

total $227,165 · program services $227,165
24c · Other expenses: OTHER GENERAL EXPENSES

total $27,706 · program services $27,706

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $463,354 · end of year $170,957
4 · Accounts receivable

beginning of year $69,958 · end of year $61,995
7 · Other notes and loans receivable

beginning of year $577,800 · end of year $657,800
8 · Inventories for sale or use

beginning of year $1,218,267 · end of year $624,675
10a · Land, buildings and equipment: cost or other basis

$1,900,020
10b · Land, buildings and equipment: accumulated depreciation

$664,043
10c · Land, buildings and equipment, net

beginning of year $1,360,478 · end of year $1,235,977
15 · Other assets

beginning of year $28,993 · end of year $54,423
17 · Accounts payable and accrued expenses

beginning of year $442,863 · end of year $374,308
23 · Secured mortgages and notes payable

beginning of year $220,971 · end of year $84,607
25 · Other liabilities

beginning of year $684 · end of year $684
27 · Net assets without donor restrictions

beginning of year $3,054,332 · end of year $2,346,228

Mission and programs · 2022

Mission

TO HELP LIFT THE ECONOMIC STATUS OF THE COMMUNITY AND ATTRACT WEALTH TO A BLIGHTED LOW-INCOME CENSUS TRACT.

Activities or mission (Part I)

SEE SCHEDULE O.

WE CREATE QUALITY HOUSING OPPORTUNITIES AND BUILD COMMUNITIES THROUGH COLLABORATIVE PARTNERSHIPS. WHILE STIMULATING ECONOMIC GROWTH, WE EMPOWER INDIVIDUALS AND DEVELOP THE NEIGHBORHOODS OF TOMORROW FOR THE PEOPLE OF TODAY.

Expenses $1,489,770 · Revenue $143,592

As filed on the 2022 return.

Listed in Part VII

Joaquin Cintron VegaJOAQUIN CINTRON VEGA

PRESIDENT

Total calculated

$266,577

From this org

$0

From related orgs

$205,885

Other

$60,692

Hours/week

1

Schedule J breakdown matched by us

Base

$0 + $205,885 related

Bonus

$0

Other

$0

Deferred

$0 + $24,767 related

Nontaxable benefits

$0 + $35,925 related

Filer's total

$0 + $266,577 related
Jerry L BooseJERRY L BOOSE

TRUSTEE

Total calculated

$0

Hours/week

1
Alisha GantALISHA GANT

TRUSTEE

Total calculated

$0

Hours/week

1
Rochelle PurdueROCHELLE PURDUE

TRUSTEE

Total calculated

$0

Hours/week

1
Eunice GloverEUNICE GLOVER

TRUSTEE

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

LUCAS DEVELOPMENT CORPORATION

INACTIVE · OH

Directly controlled by LUCAS METROPOLITAN HOUSING AUTHORITY
LUCAS RESIDENT SERVICES CORPORATION

501(C)(3) · RESIDENTIAL RENTAL INVESTMENT · OH

Directly controlled by LUCAS METROPOLITAN HOUSING AUTHORITY
WESTRIDGE APARTMENTS DEVELOPMENT CORPORATION

501(C)(3) · RESIDENTIAL RENTAL INVESTMENT · OH

Directly controlled by LUCAS METROPOLITAN HOUSING AUTHORITY
LUCAS METROPOLITAN HOUSING AUTHORITY

501(C)(1) · DEVELOP PROPERTIES FOR AFFORDABLE RENTAL AND HOME OWNERSHIP · OH

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

COLLINGWOOD GREEN PHASE I GP INC

C · RESIDENTIAL RENTAL INVESTMENT · OH
COLLINGWOOD GREEN PHASE II GP INC

C · RESIDENTIAL RENTAL INVESTMENT · OH
PARQWOOD APARTMENTS GP INC

C · RESIDENTIAL RENTAL INVESTMENT · OH
COLLINGWOOD GREEN PHASE III GP INC

C · RESIDENTIAL RENTAL INVESTMENT · OH
COLLINGWOOD GREEN PHASE III LP

C · RESIDENTIAL RENTAL INVESTMENT · OH

Provenance

Return type: form_990
Tax year: 2022
Filed: 20 November 2023
IRS schema version: 2022v5.0
Source object: 202333329349300803

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.