Lakeview Apartments Inc in Paragould, Arkansas (AR)

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Lakeview Apartments Inc
Employer Identification Number (EIN)204398465
Name of OrganizationLakeview Apartments Inc
In Care of NameDavid Lange
Address612 East Canal Street, Paragould, AR 72450
SubsectionCharitable Organization
Ruling Date04/2006
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$71,754
Amount of Income$71,754
Form 990 Revenue Amount$71,754
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Senior Citizens' Housing/Retirement Communities

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Amount of income in 2011: $71,754 (it was $67,262 in 2013)
This organization: 

Other organizations performing similar types of work: 


Assets in 2011: $71,754 (it was $67,262 in 2013)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $106,255
Lakeview Apartments Inc: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 0.7
This organization: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 100.0%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$62,556$63,674$67,262
Contributions, gifts, grants, and similar amounts received$0$63,674$67,262
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$71$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$62,485$0$0
Total expenses$122,799$129,327$106,255
Total net assets$-60,243$-65,653$-38,998
Excess/Deficit for the year$-60,243$-65,653$-38,995
Net assets or fund balances at beginning of year$0$0$-3
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$-125,896$-104,698
Balance Sheets
Total assets$62,556$63,674$67,262
Total liabilities$122,799$129,327$106,255
Net assets or fund balances$-60,243$-65,653$-38,998
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Number of organizations performing similar types of work
District of Columbia9
North Carolina75
North Dakota13
New Hampshire18
New Jersey69
New Mexico15
New York174
Rhode Island26
South Carolina38
South Dakota11
West Virginia12
Total2,836 is not associated with, endorsed by, or sponsored by Lakeview Apartments Inc and has no official or unofficial affiliation with Lakeview Apartments Inc