Civic Intelligence

Lancaster Homes Inc

990EZ • Fiscal year 2024 • EIN 41-1280688

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 16, 2025

Organization Profile
410 Minnesota AvenueLancaster, MN 56735

(218) 762-6681

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.26x

Higher debt load relative to assets than 85% of similar nonprofits.

2024 filings • 501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

0.81x

Higher debt load relative to revenue than 94% of similar nonprofits.

2024 filings • 501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

50th percentile

2.9%

Higher net margin than 50% of similar nonprofits.

2024 filings • 501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$420

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2024 filings • 501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

39th percentile

-3.4%

Faster asset growth than 39% of similar nonprofits.

2024 filings • 501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

16%

Faster revenue growth than 70% of similar nonprofits.

2024 filings • 501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$338,040

Down $11,835 (-3.4%) from 2023

Net Assets

Up

$251,094

Up $3,125 (+1.3%) from 2023

Liabilities

Down

$86,946

Down $14,960 (-15%) from 2023

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin50th percentile

Revenue

Up

$107,673

Up $14,839 (+16%) from 2023

Expenses

Down

$104,548

Down $6,054 (-5.5%) from 2023

Net Income

Up

$3,125

Up $20,893 (+118%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $389,519Liabilities 2011: $270,7082011Assets 2012: $363,593Liabilities 2012: $253,1742012Assets 2013: $325,421Liabilities 2013: $236,7052013Assets 2014: $308,473Liabilities 2014: $219,5332014Assets 2015: $348,393Liabilities 2015: $198,5862015Assets 2016: $339,387Liabilities 2016: $181,7002016Assets 2017: $351,989Liabilities 2017: $190,2542017Assets 2018: $349,696Liabilities 2018: $175,2722018Assets 2019: $440,576Liabilities 2019: $162,1392019Assets 2020: $431,948Liabilities 2020: $147,2312020Assets 2021: $407,156Liabilities 2021: $132,550Net Assets 2021: $274,6062021Assets 2022: $384,217Liabilities 2022: $118,480Net Assets 2022: $265,7372022Assets 2023: $349,875Liabilities 2023: $101,906Net Assets 2023: $247,9692023Assets 2024: $338,040Liabilities 2024: $86,946Net Assets 2024: $251,0942024

Highlighted filing

2024

Assets$338,040
Liabilities$86,946
Net Assets$251,094
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $98,251Expenses 2011: $97,734Net Income 2011: $5172011Revenue 2012: $90,499Expenses 2012: $98,891Net Income 2012: -$8,3922012Revenue 2013: $75,361Expenses 2013: $97,064Net Income 2013: -$21,7032013Revenue 2014: $96,177Expenses 2014: $95,953Net Income 2014: $2242014Revenue 2015: $159,777Expenses 2015: $98,910Net Income 2015: $60,8672015Revenue 2016: $108,884Expenses 2016: $101,004Net Income 2016: $7,8802016Revenue 2017: $101,205Expenses 2017: $97,157Net Income 2017: $4,0482017Revenue 2018: $103,343Expenses 2018: $90,654Net Income 2018: $12,6892018Revenue 2019: $191,601Expenses 2019: $87,588Net Income 2019: $104,0132019Revenue 2020: $95,878Expenses 2020: $89,598Net Income 2020: $6,2802020Revenue 2021: $83,289Expenses 2021: $93,400Net Income 2021: -$10,1112021Revenue 2022: $87,197Expenses 2022: $96,066Net Income 2022: -$8,8692022Revenue 2023: $92,834Expenses 2023: $110,602Net Income 2023: -$17,7682023Revenue 2024: $107,673Expenses 2024: $104,548Net Income 2024: $3,1252024

Highlighted filing

2024

Revenue$107,673
Expenses$104,548
Net Income$3,125
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.0
Gross Receipts
$107,673
Mission and Program Overview

Mission

We provide rental apartments to low income elderly

Program Services

DescriptionGrantsExpenses
We provide low income housing for the elderly. There are 20 apartment units in our project. Rents are subsidized by HUD.$0$104,548
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dianne RicePresident-$420-$420
Gregory PetersonVice President-$420-$420
Kenneth PetersonSecretary-$420-$420
Bob LaudeAssistant Treasurer-$420-$420
Peggy WilebskiAsst Secretary-$420-$420
Brittany SwensonTreasureer-$420-$420
Merle ArinDirector-$420-$420
Filing and Contact Details

Filer

Filer Name
Lancaster Homes Inc
EIN
41-1280688
Phone
2187626681
Address
410 Minnesota Avenue, Lancaster, MN 56735

Signing Officer

Name
Bob Laude
Title
Treasurer
Phone
2187626681
Signed
2025-11-16
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^USDA Loan;72952|NBWMNMCHRA Loan;5720|Security Deposits;8274^Total;86946^”

Raw XML Appendix140 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Bob Laude
IRS990EZ/BooksInCareOfDetail/PhoneNum02187626681
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0322 River Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lancaster
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056735
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt053133
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt060224
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt03125
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09184
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0349875
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0338040
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0107673
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt0970
IRS990EZ/LandAndBuildingsGrp/BOYAmt0296742
IRS990EZ/LandAndBuildingsGrp/EOYAmt0277816
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0247969
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0251094
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0247969
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0251094
IRS990EZ/OccupancyRentUtltsAndMaintAmt083314
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt1420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt2420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt3420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt4420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt5420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt6420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dianne Rice
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Gregory Peterson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kenneth Peterson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Bob Laude
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Peggy Wilebski
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Brittany Swenson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Merle Arin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Assistant Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Asst Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasureer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0We provide rental apartments to low income elderly
IRS990EZ/PrintingPublicationsPostageAmt054
IRS990EZ/ProgramServiceRevenueAmt0106703
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We provide low income housing for the elderly. There are 20 apartment units in our project. Rents are subsidized by HUD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0104548
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt011996
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0101906
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt086946
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0104548
IRS990EZ/TotalProgramServiceExpensesAmt0104548
IRS990EZ/TotalRevenueAmt0107673
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;EOY Amount^USDA Loan;72952|NBWMNMCHRA Loan;5720|Security Deposits;8274^Total;86946^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Bob Laude
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02187626681
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LANCASTER HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0LANC
ReturnHeader/Filer/EIN0411280688
ReturnHeader/Filer/PhoneNum02187626681
ReturnHeader/Filer/USAddress/AddressLine1Txt0410 Minnesota Avenue
ReturnHeader/Filer/USAddress/CityNm0Lancaster
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056735
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-11-16T23:44:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$338,040
Liabilities
$86,946
Net assets
$251,094
Revenue
$107,673
Expenses
$104,548
Net income
$3,125
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.38$0.87$2.51$1.08$1.05$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.50$1.02$2.48$0.93$1.11$0.18
2022Detailed filing. Detailed filing data is available for this year.$3.84$1.18$2.66$0.87$0.96$0.09
2021Detailed filing. Detailed filing data is available for this year.$4.07$1.33$2.75$0.83$0.93$0.10
2020Summary only. Only limited summary data is available for this year.$4.32$1.47$0.96$0.90$0.06
2019Summary only. Only limited summary data is available for this year.$4.41$1.62$1.92$0.88$1.04
2018Summary only. Only limited summary data is available for this year.$3.50$1.75$1.03$0.91$0.13
2017Summary only. Only limited summary data is available for this year.$3.52$1.90$1.01$0.97$0.04
2016Summary only. Only limited summary data is available for this year.$3.39$1.82$1.09$1.01$0.08
2015Summary only. Only limited summary data is available for this year.$3.48$1.99$1.60$0.99$0.61
2014Summary only. Only limited summary data is available for this year.$3.08$2.20$0.96$0.96$0.00
2013Summary only. Only limited summary data is available for this year.$3.25$2.37$0.75$0.97$0.22
2012Summary only. Only limited summary data is available for this year.$3.64$2.53$0.90$0.99$0.08
2011Summary only. Only limited summary data is available for this year.$3.90$2.71$0.98$0.98$0.01