Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 38-3034694 • 501(c)3 • Lapeer, MI
Profile
Lapeer neighborhoods, incorporated mission statement it shall be the purpose of lapeer neighborhoods, incorporated to improve the quality of life for the residents of lapeer by assisting in making all neighborhoods safe, clean, attractive, and economically stable. To this end, lapeer neighborhoods, incorporated shall endeavor to facilitate programs and activities that will directly improve the stability of lapeer neighborhoods such as: 1. Low interest housing rehabilitation loans for low and moderate income households. 2. Low interest loans for historic preservation regardless of household income. 3. Grants to qualified households for emergency repairs and weatherization improvements. 4. Assist in increasing the level of homeownership in lapeer neighborhoods through lease/ownership assistance programs. 5. Maintenance assistance programs for homeowners who are unable to perform extensive maintenance due to disablity or age. 6. Acquire, rehabilitate, and resell houses to qualified househ
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Assets
Down$53,386
Down $1,851 (-3.4%) from 2022
Liabilities
Flat$0
Flat from 2022
Net Assets
Down$53,386
Down $1,851 (-3.4%) from 2022
Revenue
Down$2,404
Down $179,166 (-99%) from 2022
Expenses
Down$4,255
Down $825 (-16%) from 2022
Net Income
Down-$1,851
Down $178,341 (-101%) from 2022
Most recent year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
Lapeer neighborhoods, incorporated mission statement it shall be the purpose of lapeer neighborhoods, incorporated to improve the quality of life for the residents of lapeer by assisting in making all neighborhoods safe, clean, attractive, and economically stable. To this end, lapeer neighborhoods, incorporated shall endeavor to facilitate programs and activities that will directly improve the stability of lapeer neighborhoods such as: 1. Low interest housing rehabilitation loans for low and moderate income households. 2. Low interest loans for historic preservation regardless of household income. 3. Grants to qualified households for emergency repairs and weatherization improvements. 4. Assist in increasing the level of homeownership in lapeer neighborhoods through lease/ownership assistance programs. 5. Maintenance assistance programs for homeowners who are unable to perform extensive maintenance due to disablity or age. 6. Acquire, rehabilitate, and resell houses to qualified househ
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $34,574 | $35,054 | ▲ $480 |
| Inventories for Sale or Use | $16,173 | $16,173 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $4,490 | $2,159 | ▼ $2,331 |
| Total Assets | $55,237 | $53,386 | ▼ $1,851 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $55,237 | $53,386 | ▼ $1,851 |
| Total Net Assets Fund Balance | $55,237 | $53,386 | ▼ $1,851 |
| Total Liabilities and Net Assets / Fund Balance | $55,237 | $53,386 | ▼ $1,851 |
| Name | Title |
|---|---|
| Jim Mikus | Chairperson |
| Jennell Racosta | Vice-chairpe |
| Lisa Lie | Director |
| Robin Chestnutt | Secretary |
| Kerri Roberts | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,955 |
| Grants and Similar Amounts Paid | $300 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | - | $2,400 | - | $2,400 |
| Fees for Services Accounting | - | $1,535 | - | $1,535 |
| Grants to Domestic Individuals | $300 | - | - | $300 |
| Other Expenses | - | $20 | - | $20 |
| Total Functional Expenses | $300 | $3,955 | $0 | $4,255 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“No review was or will be conducted.”
“No documents available to the public”
“Lapeer neighborhoods, incorporated mission statement it shall be the purpose of lapeer neighborhoods, incorporated to improve the quality of life for the residents of lapeer by assisting in making all neighborhoods safe, clean, attractive, and economically stable. To this end, lapeer neighborhoods, incorporated shall endeavor to facilitate programs and activities that will directly improve the stability of lapeer neighborhoods such as: 1. Low interest housing rehabilitation loans for low and moderate income households. 2. Low interest loans for historic preservation regardless of household income. 3. Grants to qualified households for emergency repairs and weatherization improvements. 4. Assist in increasing the level of homeownership in lapeer neighborhoods through lease/ownership assistance programs. 5. Maintenance assistance programs for homeowners who are unable to perform extensive maintenance due to disablity or age. 6. Acquire, rehabilitate, and resell houses to qualified households. 7. Enter into agreement with lending institutions, utility companies, or other non-profit corporations to facilitate the mission of lapeer neighborhoods, incorporated. As a non-profit corporation eligible for certain federal and state grants, as well as donations from foundations and private corporations, it shall be the duty of lapeer neighborhoods, incorporated to seek such assistance as a source of funding for its programs. It shall also be the goal of lapeer neighborhoods, incorporated to serve as a resource center in the city for all housing preservation and housing improvement programs, private and public alike, and an agent for financial assistance for housing improvement for the residents of the city of lapeer.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | LAPEER NEIGHBORHOODS, INCORPORATED MISSION STATEMENT IT SHALL BE THE PURPOSE OF LAPEER NEIGHBORHOODS, INCORPORATED TO IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS OF LAPEER BY ASSISTING IN MAKING ALL NEIGHBORHOODS SAFE, CLEAN, ATTRACTIVE, AND ECONOMICALLY STABLE. TO THIS END, LAPEER NEIGHBORHOODS, INCORPORATED SHALL ENDEAVOR TO FACILITATE PROGRAMS AND ACTIVITIES THAT WILL DIRECTLY IMPROVE THE STABILITY OF LAPEER NEIGHBORHOODS SUCH AS: 1. LOW INTEREST HOUSING REHABILITATION LOANS FOR LOW AND MODERATE INCOME HOUSEHOLDS. 2. LOW INTEREST LOANS FOR HISTORIC PRESERVATION REGARDLESS OF HOUSEHOLD INCOME. 3. GRANTS TO QUALIFIED HOUSEHOLDS FOR EMERGENCY REPAIRS AND WEATHERIZATION IMPROVEMENTS. 4. ASSIST IN INCREASING THE LEVEL OF HOMEOWNERSHIP IN LAPEER NEIGHBORHOODS THROUGH LEASE/OWNERSHIP ASSISTANCE PROGRAMS. 5. MAINTENANCE ASSISTANCE PROGRAMS FOR HOMEOWNERS WHO ARE UNABLE TO PERFORM EXTENSIVE MAINTENANCE DUE TO DISABLITY OR AGE. 6. ACQUIRE, REHABILITATE, AND RESELL HOUSES TO QUALIFIED HOUSEH |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1535 |
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| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1992 |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
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| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 4 |
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| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
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| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 53386 |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE ORGANIZATION CONDUCTED A NEIGHBORHOOD BEAUTIFICATION CONTEST AND AWARDED A GRANT ACCORDINGLY. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LAPEER NEIGHBORHOODS, INCORPORATED MISSION STATEMENT IT SHALL BE THE PURPOSE OF LAPEER NEIGHBORHOODS, INCORPORATED TO IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS OF LAPEER BY ASSISTING IN MAKING ALL NEIGHBORHOODS SAFE, CLEAN, ATTRACTIVE, AND ECONOMICALLY STABLE. TO THIS END, LAPEER NEIGHBORHOODS, INCORPORATED SHALL ENDEAVOR TO FACILITATE PROGRAMS AND ACTIVITIES THAT WILL DIRECTLY IMPROVE THE STABILITY OF LAPEER NEIGHBORHOODS SUCH AS: 1. LOW INTEREST HOUSING REHABILITATION LOANS FOR LOW AND MODERATE INCOME HOUSEHOLDS. 2. LOW INTEREST LOANS FOR HISTORIC PRESERVATION REGARDLESS OF HOUSEHOLD INCOME. 3. GRANTS TO QUALIFIED HOUSEHOLDS FOR EMERGENCY REPAIRS AND WEATHERIZATION IMPROVEMENTS. 4. ASSIST IN INCREASING THE LEVEL OF HOMEOWNERSHIP IN LAPEER NEIGHBORHOODS THROUGH LEASE/OWNERSHIP ASSISTANCE PROGRAMS. 5. MAINTENANCE ASSISTANCE PROGRAMS FOR HOMEOWNERS WHO ARE UNABLE TO PERFORM EXTENSIVE MAINTENANCE DUE TO DISABLITY OR AGE. 6. ACQUIRE, REHABILITATE, AND RESELL HOUSES TO QUALIFIED HOUSEHOLDS. 7. ENTER INTO AGREEMENT WITH LENDING INSTITUTIONS, UTILITY COMPANIES, OR OTHER NON-PROFIT CORPORATIONS TO FACILITATE THE MISSION OF LAPEER NEIGHBORHOODS, INCORPORATED. AS A NON-PROFIT CORPORATION ELIGIBLE FOR CERTAIN FEDERAL AND STATE GRANTS, AS WELL AS DONATIONS FROM FOUNDATIONS AND PRIVATE CORPORATIONS, IT SHALL BE THE DUTY OF LAPEER NEIGHBORHOODS, INCORPORATED TO SEEK SUCH ASSISTANCE AS A SOURCE OF FUNDING FOR ITS PROGRAMS. IT SHALL ALSO BE THE GOAL OF LAPEER NEIGHBORHOODS, INCORPORATED TO SERVE AS A RESOURCE CENTER IN THE CITY FOR ALL HOUSING PRESERVATION AND HOUSING IMPROVEMENT PROGRAMS, PRIVATE AND PUBLIC ALIKE, AND AN AGENT FOR FINANCIAL ASSISTANCE FOR HOUSING IMPROVEMENT FOR THE RESIDENTS OF THE CITY OF LAPEER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 55237 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 53386 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 300 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 4 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2404 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 55237 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 53386 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 164 LINCOLN ST |
| IRS990/USAddress/CityNm | 0 | LAPEER |
| IRS990/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/USAddress/ZIPCd | 0 | 48446 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DENISE SOLDENSKI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXEC.DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8102454212 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAPEER NEIGHBORHOODS INCORPORATED |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAPE |
| ReturnHeader/Filer/EIN | 0 | 383034694 |
| ReturnHeader/Filer/PhoneNum | 0 | 8102454221 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 576 LIBERTY PARK |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAPEER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 484462140 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 320333011 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | OESCH SIETING & HOWRYLAK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 624 W NEPESSING STREET SUITE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LAPEER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 48446 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8106648536 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARTIN HOWRYLAK |
| ReturnHeader/ReturnTs | 0 | 2024-11-12T14:17:13-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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