Civic Intelligence

Lemko Housing Corporation

EIN 52-1123365 • 501(c)4 • Baltimore, MD

Profile

The Corporation Provides Affordable Housing For The Elderly. The Corporation Owns And Operates A 110 Unit Apartment Building.

603 South Ann StreetBaltimore, MD 21231-2935
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

2.32x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

1.94x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Net Margin

51st percentile

9.2%

Higher net margin than 51% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Asset Growth

17th percentile

-7.7%

Faster asset growth than 17% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

41st percentile

4.2%

Faster revenue growth than 41% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,365,725

Down $114,497 (-7.7%) from 2024

Liabilities

Down

$3,173,594

Down $264,409 (-7.7%) from 2024

Net Assets

Up

-$1,807,869

Up $149,912 (+7.7%) from 2024

Revenue

Up

$1,636,462

Up $65,457 (+4.2%) from 2024

Expenses

Up

$1,486,550

Up $158,594 (+12%) from 2024

Net Income

Down

$149,912

Down $93,137 (-38%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $2,769,843Liabilities 2010: $4,143,814Net Assets 2010: -$1,373,9712010Assets 2011: $2,677,223Liabilities 2011: $4,080,532Net Assets 2011: -$1,403,3092011Assets 2012: $2,591,496Liabilities 2012: $4,002,547Net Assets 2012: -$1,411,0512012Assets 2013: $2,272,520Liabilities 2013: $4,755,063Net Assets 2013: -$2,482,5432013Assets 2014: $1,887,664Liabilities 2014: $4,363,601Net Assets 2014: -$2,475,9372014Assets 2015: $1,683,831Liabilities 2015: $4,093,106Net Assets 2015: -$2,409,2752015Assets 2016: $1,572,595Liabilities 2016: $3,998,648Net Assets 2016: -$2,426,0532016Assets 2017: $1,305,277Liabilities 2017: $0Net Assets 2017: $1,305,2772017Assets 2018: $1,177,538Liabilities 2018: $3,646,047Net Assets 2018: -$2,468,5092018Assets 2019: $1,089,785Liabilities 2019: $3,543,273Net Assets 2019: -$2,453,4882019Assets 2020: $1,205,184Liabilities 2020: $3,674,291Net Assets 2020: -$2,469,1072020Assets 2021: $1,139,174Liabilities 2021: $3,582,406Net Assets 2021: -$2,443,2322021Assets 2022: $1,066,433Liabilities 2022: $3,389,654Net Assets 2022: -$2,323,2212022Assets 2023: $1,061,306Liabilities 2023: $3,262,136Net Assets 2023: -$2,200,8302023Assets 2024: $1,480,222Liabilities 2024: $3,438,003Net Assets 2024: -$1,957,7812024Assets 2025: $1,365,725Liabilities 2025: $3,173,594Net Assets 2025: -$1,807,8692025

Highlighted filing

2025

Assets$1,365,725
Liabilities$3,173,594
Net Assets-$1,807,869

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $1,196,7122010Expenses 2011: $1,239,3932011Expenses 2012: $1,234,5502012Revenue 2013: $1,237,461Expenses 2013: $2,308,952Net Income 2013: -$1,071,4912013Revenue 2014: $1,235,764Expenses 2014: $1,229,159Net Income 2014: $6,6052014Revenue 2015: $1,244,322Expenses 2015: $1,177,660Net Income 2015: $66,6622015Revenue 2016: $1,259,045Expenses 2016: $1,275,823Net Income 2016: -$16,7782016Revenue 2017: $1,305,277Expenses 2017: $0Net Income 2017: $1,305,2772017Revenue 2018: $1,310,569Expenses 2018: $1,367,509Net Income 2018: -$56,9402018Revenue 2019: $1,358,719Expenses 2019: $1,343,698Net Income 2019: $15,0212019Revenue 2020: $1,390,962Expenses 2020: $1,435,646Net Income 2020: -$44,6842020Revenue 2021: $1,406,331Expenses 2021: $1,380,456Net Income 2021: $25,8752021Revenue 2022: $1,439,302Expenses 2022: $1,319,291Net Income 2022: $120,0112022Revenue 2023: $1,481,130Expenses 2023: $1,358,739Net Income 2023: $122,3912023Revenue 2024: $1,571,005Expenses 2024: $1,327,956Net Income 2024: $243,0492024Revenue 2025: $1,636,462Expenses 2025: $1,486,550Net Income 2025: $149,9122025

Highlighted filing

2025

Revenue$1,636,462
Expenses$1,486,550
Net Income$149,912

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.37$3.17$1.81$1.64$1.49$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.48$3.44$1.96$1.57$1.33$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.06$3.26$2.20$1.48$1.36$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.07$3.39$2.32$1.44$1.32$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.14$3.58$2.44$1.41$1.38$0.03
2020Summary only. Only limited summary data is available for this year.$1.21$3.67$2.47$1.39$1.44$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.09$3.54$2.45$1.36$1.34$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.18$3.65$2.47$1.31$1.37$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$1.31$0.00$1.31
2016Summary only. Only limited summary data is available for this year.$1.57$4.00$2.43$1.26$1.28$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.68$4.09$2.41$1.24$1.18$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.89$4.36$2.48$1.24$1.23$0.01
2013Summary only. Only limited summary data is available for this year.$2.27$4.76$2.48$1.24$2.31$1.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$4.00$1.41$1.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$4.08$1.40$1.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$4.14$1.37$1.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 27, 2026
Return Version
2024v5.1
Gross Receipts
$1,636,462
Mission and Program Overview

Mission

The Corporation Provides Affordable Housing For The Elderly. The Corporation Owns And Operates A 110 Unit Apartment Building.

Housing For Low Income Elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$869,420$905,521▲ $36,101
Investments Other Securities$247,727$271,453▲ $23,726
Prepaid Expenses and Deferred Charges$93,423$105,504▲ $12,081
Cash and Non-Interest-Bearing Accounts$229,113$49,142▼ $179,971
Pledges and Grants Receivable$7,500--
Rtn Earn Endowment Incm Other Fnds$-1,957,781$-1,807,869▲ $149,912
Total Assets$1,480,222$1,365,725▼ $114,497
Other Assets Total$33,039$34,105▲ $1,066
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,027,538$2,946,903▼ $80,635
Accounts Payable and Accrued Expenses$380,224$195,481▼ $184,743
Other Liabilities$30,241$31,210▲ $969
Total Liabilities$3,438,003$3,173,594▼ $264,409
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,957,781$-1,807,869▲ $149,912
Total Liabilities and Net Assets / Fund Balance$1,480,222$1,365,725▼ $114,497

Asset Categories

AssetBook ValueDepreciationBasis
Land$25,001-$25,000
Buildings$470,029--
Other Land Buildings$35,356--
Equipment$375,135--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Branislasv MiladinovPresident
Viola SedlacekVice President
Darrin BaileyTrustee
Frank GordanoTrustee
Jan VargaTrustee
Mark MacekTrustee
Michael KokolusTrustee
James RhodesSecretary
Roman KhomaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,618,460
Investment Income
$25
Other Revenue
$17,977
Change in Net Assets
$149,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,135,700
Salaries, Compensation, and Employee Benefits$350,850
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$256,320--$256,320
Interest$210,885--$210,885
All Other Expenses$185,234--$185,234
Insurance$121,786--$121,786
Depreciation Depletion$93,361--$93,361
Fees for Services Management$86,947--$86,947
Current Officers, Directors, Trustees, and Key Employees$70,040--$70,040
Fees for Services Accounting$65,000--$65,000
Other Expenses$59,332--$59,332
Office Expenses$27,500--$27,500
Payroll Taxes$24,490--$24,490
Fees for Services Legal$1,438--$1,438
Total Functional Expenses$1,486,550$0$0$1,486,550
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11

upon request

PART VI, SECTION B, LINE 12C

upon request

Part VI, Section C, Line 19

upon request

Filing and Contact Details

Filer

Filer Name
Lemko Housing Corporation
EIN
52-1123365
Phone
4103427200
Address
603 SOUTH ANN STREET, BALTIMORE, MD 21231-2935
Doing Business As
Lemko Housing for the Elderly

Signing Officer

Name
Violetta Sedlacek
Title
Vice President
Phone
4103427200
Signed
2026-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Violetta Sedlacek
Formed
1978
Legal Domicile
Md
Voting Board Members
0
Independent Board Members
0
Employees
7

Preparer

Firm
Estabrook & Company
Address
10 GERARD AVE SUITE 305, TIMONIUM, MD 21093
Preparer
Steven Estabrook
Phone
4104440002
Supplemental Narrative

Additional Explanations

PART IX, LINE 24E

Other renting expenses,Contracts,Garbage and trash removal,Security,HVAC Repair,Misc operating and maintenance expenses,Miscellaneous finance expenses.

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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05591
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112386
IRS990/OtherRevenueTotalAmt017977
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0256320
IRS990/OtherSalariesAndWagesGrp/TotalAmt0256320
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt024490
IRS990/PayrollTaxesGrp/TotalAmt024490
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt093423
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0105504
IRS990/PrincipalOfficerNm0VIOLETTA SEDLACEK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME APARTMENTS
IRS990/ProgramServiceRevenueGrp/Desc1HUD SECTION 8 ASSISTANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0204715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11413745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0204715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11413745
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014755
IRS990/PYOtherExpensesAmt0986033
IRS990/PYOtherRevenueAmt07073
IRS990/PYProgramServiceRevenueAmt01549177
IRS990/PYRevenuesLessExpensesAmt0243049
IRS990/PYSalariesCompEmpBnftPaidAmt0341923
IRS990/PYTotalExpensesAmt01327956
IRS990/PYTotalRevenueAmt01571005
IRS990/ReconcilationRevenueExpnssAmt0149912
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1957781
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1807869
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0470029
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0470029
IRS990ScheduleD/EquipmentGrp/BookValueAmt0375135
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0375135
IRS990ScheduleD/LandGrp/BookValueAmt025001
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt035356
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt035356
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0905521
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other renting expenses,Contracts,Garbage and trash removal,Security,HVAC Repair,Misc operating and maintenance expenses,Miscellaneous finance expenses.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION B, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART IX, LINE 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01480222
IRS990/TotalAssetsEOYAmt01365725
IRS990/TotalAssetsGrp/BOYAmt01480222
IRS990/TotalAssetsGrp/EOYAmt01365725
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01486550
IRS990/TotalFunctionalExpensesGrp/TotalAmt01486550
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03438003
IRS990/TotalLiabilitiesEOYAmt03173594
IRS990/TotalLiabilitiesGrp/BOYAmt03438003
IRS990/TotalLiabilitiesGrp/EOYAmt03173594
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1957781
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1807869
IRS990/TotalProgramServiceRevenueAmt01618460
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01636462
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01636462
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01480222
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01365725
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0603 SOUTH ANN STREET
IRS990/USAddress/CityNm0BALTIMORE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021231
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VIOLETTA SEDLACEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04103427200
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEMKO HOUSING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LEMK
ReturnHeader/Filer/EIN0521123365
ReturnHeader/Filer/PhoneNum04103427200
ReturnHeader/Filer/USAddress/AddressLine1Txt0603 SOUTH ANN STREET
ReturnHeader/Filer/USAddress/CityNm0BALTIMORE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd0212312935
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521899479
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ESTABROOK & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 GERARD AVE SUITE 305
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TIMONIUM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021093
ReturnHeader/PreparerPersonGrp/PhoneNum04104440002
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN ESTABROOK
ReturnHeader/ReturnTs02026-01-27T11:55:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

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