Independent Living Properties Inc in Metairie, Louisiana (LA)

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Independent Living Properties Inc
Employer Identification Number (EIN)272566167
Name of OrganizationIndependent Living Properties Inc
In Care of NameRick Hardie
Address2400 Edenborn Ave, Metairie, LA 70001-1817
SubsectionTitle Holding Corporation
Ruling Date08/2010
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,749,036
Amount of Income$242,626
Form 990 Revenue Amount$242,626
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Real Estate Organizations


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Amount of income in 2012: $242,626 (it was $195,918 in 2011)
Independent Living Properties Inc: 

 $242,626
Other organizations performing similar types of work: 

 $522,017

Assets in 2012: $1,749,036 (it was $1,671,677 in 2011)
Independent Living Properties Inc: 

 $1,749,036
Other organizations performing similar types of work: 

 $1,947,410

Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$195,918
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$195,918
Gross rents (Real / Personal)$195,918 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$195,918 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$227,817
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$227,817
Balance Sheet (for 2011)
Total assets$1,671,677
Total liabilities$1,703,576
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$1,696,762
Unsecured notes and loans payable to unrelated third parties$0
Other$6,814
Total net assets or fund balances$-31,899
Retained earnings, endowment, accumulated income, or other funds$-31,899
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Tgm Realty Corp 20650 5th Ave Fl 28, New York, NY 10019-6108NY1998-07$246,144,768
2Seacrest Realty Holding CompanyPO BOX 5005, New York, NY 10163-5005NY2001-07$89,667,619
3Tr Overlook Iii Corp120 N Lasalle St, Chicago, IL 60602-2424IL2005-02$86,455,436
4Tmt Reston I And Ii101 California St Fl 26, San Francisco, CA 94111-5803CA2001-02$35,632,917
5Tr Diamond Lake Corp13155 Noel Rd 500 Three Galleria To, Dallas, TX 75240TX2006-07$34,785,876
6Sacramento County Employees Retirement System Title Holding40 E 52nd St, New York, NY 10022-5911NY1996-02$33,558,373
7Sanctuary Park Realty Holding CompanyPO BOX 5005, New York, NY 10163-5005NY1999-09$32,821,776
8Sfers Real Estate Corp Ss101 California St Fl 26, San Francisco, CA 94111-5803CA2007-03$25,326,751
9Tgm Realty Corp 30650 Fifth Ave 28yh Fl, New York, NY 10019NY1999-06$23,344,900
10Tr 120 S Lasalle Corp120 N Lasalle St Ste 1750, Chicago, IL 60602-2492IL2007-02$23,107,575
11Remington - Op & F Inc500 Three Galleria Tower, Dallas, TX 75240TX2002-02$20,773,283
12Seventeenth Street Plaza Realty Holding CompanyPO BOX 5005, New York, NY 10163-5005NY2001-03$18,432,373
13Seafo Inc230 Park Ave 12th Flr, New York, NY 10169-0005NY1999-09$17,357,633
14Rosewood Plantation Apartments Inc101 California St 26th Flr, San Francisco, CA 94111-5802CA2002-01$17,198,610
15Stowers Real Estate Holding Corporation1000 E 50th St, Kansas City, MO 64110-2262MO2008-04$15,508,017
16Teller Property Inc1048 Irvine Avenue 742, Newport Beach, CA 92660-4602CA2011-01$13,305,720
17Sfers Real Estate Corp X A Delaware Corp101 California St Fl 26, San Francisco, CA 94111-5803CA2000-12$13,262,731
18South Central Properties Inc900 Hope Way, Altamonte Spg, FL 32714-1502FL2013-01$12,870,351
19Willows Housing Restoration Corporation618 Baronne St, New Orleans, LA 70113-1004LA2006-08$2,780,418
20Cdl-Facilities Management Inc208 S Tyler St Ste A, Covington, LA 70433-3036LA2004-12$342,942
21Independent Living Properties Inc2400 Edenborn Ave, Metairie, LA 70001-1817LA2010-08$242,626
22Livingston Board Of Realtors Inc1111 S Range Avenue, Denham Springs, LA 70726-4800LA1999-07$102,641
23Partridge Properties Inc9150 Bereford Dr, Baton Rouge, LA 70809-2403LA2002-03$98,040
24New Orleans Metropolitan Women Council Of Realtors, New Orleans Chapter3645 N I-10 Service Road, Metairie, LA 70002-7000LA2002-01$85,206
25330 Camp Street Inc330 Camp St, New Orleans, LA 70130-2804LA2002-11$78,000
26Epsilon Gamma House Corporation602 Whispering Pines Ave, Ruston, LA 71270-2234LA2002-10$16,314
27Archie J Lowery Sr Benevolent Association Inc417 Garden Road, Marrero, LA 70072LA2004-12$0
28Charity Holding CorporationPo Box 468, Labadieville, LA 70372LA2008-10$0
29New Orleans Craft Temple Inc3000 26th St Suite D, Metairie, LA 70002LA2000-04$0
30Ribbons Of Hope Inc1715 Common St, Lake Charles, LA 70601LA2002-03$0
Number of organizations performing similar types of work
Alaska6
Alabama9
Arkansas5
Arizona8
California275
Colorado22
Connecticut64
District of Columbia20
Delaware4
Florida69
Georgia40
Hawaii3
Iowa7
Idaho8
Illinois134
Indiana42
Kansas6
Kentucky9
Louisiana17
Massachusetts54
Maryland42
Maine10
Michigan74
Minnesota20
Missouri38
Mississippi6
Montana9
North Carolina14
North Dakota3
Nebraska5
New Hampshire10
New Jersey37
New Mexico9
Nevada4
New York305
Ohio44
Oklahoma12
Oregon20
Pennsylvania67
Rhode Island12
South Carolina8
South Dakota4
Tennessee9
Texas176
Utah5
Virginia24
Vermont6
Washington41
Wisconsin11
West Virginia10
International2
Total1,839

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