Civic Intelligence

Lafayette House Elderly Housing Inc

EIN 52-1132643 • 501(c)4 • Traverse City, MI

Profile

To provide affordable elderly housing in accordance with section 202 of the national housing act

526 W 14th Street 187Traverse City, MI 49684

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.12x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

65th percentile

0.18x

Higher debt load relative to revenue than 65% of similar nonprofits.

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

Net Margin

59th percentile

15%

Higher net margin than 59% 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

82nd percentile

21%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

31st percentile

0.2%

Faster revenue growth than 31% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$1,650,073

Up $290,639 (+21%) from 2024

Liabilities

Up

$201,092

Up $128,513 (+177%) from 2024

Net Assets

Up

$1,448,981

Up $162,126 (+13%) from 2024

Operations
Liabilities / Revenue65th percentileNet Margin59th percentile

Revenue

Up

$1,114,878

Up $2,751 (+0.2%) from 2024

Expenses

Up

$952,752

Up $234,381 (+33%) from 2024

Net Income

Down

$162,126

Down $231,630 (-59%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,630,111Liabilities 2011: $2,131,448Net Assets 2011: -$501,3372011Assets 2012: $1,592,480Liabilities 2012: $2,023,197Net Assets 2012: -$430,7172012Assets 2013: $1,447,747Liabilities 2013: $1,934,949Net Assets 2013: -$487,2022013Assets 2014: $1,335,325Liabilities 2014: $1,744,075Net Assets 2014: -$408,7502014Assets 2015: $1,239,960Liabilities 2015: $1,566,959Net Assets 2015: -$326,9992015Assets 2016: $1,143,805Liabilities 2016: $1,383,587Net Assets 2016: -$239,7822016Assets 2017: $1,076,338Liabilities 2017: $1,209,238Net Assets 2017: -$132,9002017Assets 2018: $975,313Liabilities 2018: $1,008,487Net Assets 2018: -$33,1742018Assets 2019: $859,480Liabilities 2019: $740,553Net Assets 2019: $118,9272019Assets 2020: $792,524Liabilities 2020: $535,865Net Assets 2020: $256,6592020Assets 2021: $693,559Liabilities 2021: $230,669Net Assets 2021: $462,8902021Assets 2022: $737,029Liabilities 2022: $118,735Net Assets 2022: $618,2942022Assets 2023: $975,918Liabilities 2023: $82,819Net Assets 2023: $893,0992023Assets 2024: $1,359,434Liabilities 2024: $72,579Net Assets 2024: $1,286,8552024Assets 2025: $1,650,073Liabilities 2025: $201,092Net Assets 2025: $1,448,9812025

Highlighted filing

2025

Assets$1,650,073
Liabilities$201,092
Net Assets$1,448,981
Open 2025 Filing

Operations Trend

Revenue Growth31st percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $794,0022011Expenses 2012: $814,4052012Revenue 2013: $1,004,251Expenses 2013: $1,060,736Net Income 2013: -$56,4852013Revenue 2014: $933,373Expenses 2014: $854,921Net Income 2014: $78,4522014Revenue 2015: $906,530Expenses 2015: $824,779Net Income 2015: $81,7512015Revenue 2016: $933,694Expenses 2016: $846,477Net Income 2016: $87,2172016Revenue 2017: $938,768Expenses 2017: $831,886Net Income 2017: $106,8822017Revenue 2018: $943,464Expenses 2018: $843,738Net Income 2018: $99,7262018Revenue 2019: $1,020,700Expenses 2019: $868,599Net Income 2019: $152,1012019Revenue 2020: $990,004Expenses 2020: $852,272Net Income 2020: $137,7322020Revenue 2021: $1,062,206Expenses 2021: $855,975Net Income 2021: $206,2312021Revenue 2022: $1,015,378Expenses 2022: $859,974Net Income 2022: $155,4042022Revenue 2023: $1,047,647Expenses 2023: $769,722Net Income 2023: $277,9252023Revenue 2024: $1,112,127Expenses 2024: $718,371Net Income 2024: $393,7562024Revenue 2025: $1,114,878Expenses 2025: $952,752Net Income 2025: $162,1262025

Highlighted filing

2025

Revenue$1,114,878
Expenses$952,752
Net Income$162,126
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,650,073
Liabilities
$201,092
Net assets
$1,448,981
Revenue
$1,114,878
Expenses
$952,752
Net income
$162,126
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.65$0.20$1.45$1.11$0.95$0.16
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.07$1.29$1.11$0.72$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.08$0.89$1.05$0.77$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.12$0.62$1.02$0.86$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.23$0.46$1.06$0.86$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.54$0.26$0.99$0.85$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.74$0.12$1.02$0.87$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$1.01$0.03$0.94$0.84$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.08$1.21$0.13$0.94$0.83$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.14$1.38$0.24$0.93$0.85$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.24$1.57$0.33$0.91$0.82$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.34$1.74$0.41$0.93$0.85$0.08
2013Summary only. Only limited summary data is available for this year.$1.45$1.93$0.49$1.00$1.06$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$2.02$0.43$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$2.13$0.50$0.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Mar 16, 2026
Return Version
2024v5.5
Gross Receipts
$1,114,878
Mission and Program Overview

Mission

To provide affordable elderly housing in accordance with section 202 of the national housing act.

To provide affordable elderly housing in accordance with the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,017,398$977,852▼ $39,546
Cash and Non-Interest-Bearing Accounts$161,970$459,083▲ $297,113
Savings and Temporary Cash Investments$108,561$140,601▲ $32,040
Prepaid Expenses and Deferred Charges$53,995$59,007▲ $5,012
Accounts Receivable$14,754$13,530▼ $1,224
Pledges and Grants Receivable$2,756$0▼ $2,756
Total Assets$1,359,434$1,650,073▲ $290,639
Liabilities
Accounts Payable and Accrued Expenses$40,000$163,461▲ $123,461
Escrow Account Liability$28,574$28,777▲ $203
Deferred Revenue$4,005$8,854▲ $4,849
Total Liabilities$72,579$201,092▲ $128,513
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,286,855$1,448,981▲ $162,126
Total Net Assets Fund Balance$1,286,855$1,448,981▲ $162,126
Total Liabilities and Net Assets / Fund Balance$1,359,434$1,650,073▲ $290,639

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$772,968$3,646,305$4,419,273
Land$166,967-$166,967
Other Land Buildings$37,917$82,161$120,078
Equipment$0$38,643$38,643
Compensation and Service Providers
Top Officer Pay63rd percentile

Board Members and Trustees

NameTitle
John L WagnerPresident
Kim L WagnerSecretary
Jordan WagnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$815,127
Program Service Revenue
$289,878
Investment Income
$450
Other Revenue
$9,423
Change in Net Assets
$162,126

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,114,878
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,114,878
Total Revenue per Form 990
$1,114,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$952,752
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$182,072--$182,072
Fees for Services Management-$83,303-$83,303
Depreciation Depletion$39,546--$39,546
Fees for Services Accounting-$21,090-$21,090
Office Expenses-$14,845-$14,845
Other Expenses$7,477$6,599-$6,599
Information Technology-$5,362-$5,362
Fees for Services Legal-$4,935-$4,935
All Other Expenses$1,529$483-$2,012
Travel-$200-$200
Total Functional Expenses$815,935$136,817$0$952,752

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$952,752
Total Expenses per Audited Statements$952,752
Total Expenses per Form 990$952,752
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Part VSee Part VYes$83,303
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with 35% controlled entity
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The following board members have both a family relationship and a business relationship : john l. Wagner, kim l. Wagner, and jordan wagner”

Form 990, Part VI, Section A, Line 3

“The organization is managed by whetstone company, pursuant to a management agreement approved by hud. The fee is calculated as 7.48% of gross collections. Management fees totaling $83,303 were incurred during fiscal year 2025. None of the organization's officers listed in part vii were compensated by the management company.”

Form 990, Part VI, Section A, Line 8A

“No board meetings were held during fiscal year 2025.”

Form 990, Part VI, Section A, Line 8B

“The board acted as a whole and no committees met during the fiscal year.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the president of the organization, and a copy of the return is circulated to the full board prior to filing with the irs.”

Form 990, Part VI, Section C, Line 19

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, articles of incorporation and by-laws are also available upon written request”

Filing and Contact Details

Filer

Filer Name
Lafayette House Elderly Housing Inc
EIN
52-1132643
Phone
8048621450
Address
526 W 14TH STREET 187, TRAVERSE CITY, MI 49684

Signing Officer

Name
John L Wagner
Title
President
Phone
8048621450
Signed
2026-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John L Wagner
Formed
1978
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
3

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
245 PARK AVENUE 12TH FLOOR, NEW YORK, NY 10167
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“Tenant security deposits held in accordance with regulations.”

PART X, LINE 2:

“The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to april 30, 2022.”

Raw XML Appendix363 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt040000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0163461
IRS990/AccountsReceivableGrp/BOYAmt014754
IRS990/AccountsReceivableGrp/EOYAmt013530
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE ELDERLY HOUSING IN ACCORDANCE WITH THE NATIONAL HOUSING ACT.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0483
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01529
IRS990/AllOtherExpensesGrp/TotalAmt02012
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WHETSTONE COMPANY
IRS990/BooksInCareOfDetail/PhoneNum03019482924
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 CHESTNUT STREET SUITE 110
IRS990/BooksInCareOfDetail/USAddress/CityNm0GAITHERSBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020877
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0161970
IRS990/CashNonInterestBearingGrp/EOYAmt0459083
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0815127
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0450
IRS990/CYOtherExpensesAmt0952752
IRS990/CYOtherRevenueAmt09423
IRS990/CYProgramServiceRevenueAmt0289878
IRS990/CYRevenuesLessExpensesAmt0162126
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0952752
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01114878
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04005
IRS990/DeferredRevenueGrp/EOYAmt08854
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt039546
IRS990/DepreciationDepletionGrp/TotalAmt039546
IRS990/Desc0LAFAYETTE HOUSE ELDERLY HOUSING, INC. WAS ORGANIZED ON JUNE 9, 1978 UNDER THE PROVISIONS OF THE STATE OF VIRGINIA FOR THE PURPOSE OF CONSTRUCTING AND OPERATING HOUSING AND RELATED FACILITIES FOR THE ELDERLY. THE ORGANIZATION WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT AND CONSISTS OF 100 UNITS. SUCH ENTITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt028574
IRS990/EscrowAccountLiabilityGrp/EOYAmt028777
IRS990/ExpenseAmt0815935
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021090
IRS990/FeesForServicesAccountingGrp/TotalAmt021090
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04935
IRS990/FeesForServicesLegalGrp/TotalAmt04935
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt083303
IRS990/FeesForServicesManagementGrp/TotalAmt083303
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN L WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm1KIM L WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm2JORDAN WAGNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0815127
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01114878
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05362
IRS990/InformationTechnologyGrp/TotalAmt05362
IRS990/InvestmentIncomeGrp/ExclusionAmt0450
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0450
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03767109
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01017398
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0977852
IRS990/LandBldgEquipCostOrOtherBssAmt04744961
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0TO PROVIDE AFFORDABLE ELDERLY HOUSING IN ACCORDANCE WITH SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01286855
IRS990/NetAssetsOrFundBalancesEOYAmt01448981
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01286855
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01448981
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0182072
IRS990/OccupancyGrp/TotalAmt0182072
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014845
IRS990/OfficeExpensesGrp/TotalAmt014845
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OUTSOURCED STAFF
IRS990/OtherExpensesGrp/Desc2UNIFORM RENTAL
IRS990/OtherExpensesGrp/Desc3MISC. ADMIN EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06599
IRS990/OtherExpensesGrp/ProgramServicesAmt0306288
IRS990/OtherExpensesGrp/ProgramServicesAmt1279023
IRS990/OtherExpensesGrp/ProgramServicesAmt27477
IRS990/OtherExpensesGrp/TotalAmt0306288
IRS990/OtherExpensesGrp/TotalAmt1279023
IRS990/OtherExpensesGrp/TotalAmt27477
IRS990/OtherExpensesGrp/TotalAmt36599
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1OTHER TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt05331
IRS990/OtherRevenueMiscGrp/ExclusionAmt14080
IRS990/OtherRevenueMiscGrp/ExclusionAmt212
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05331
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14080
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt212
IRS990/OtherRevenueTotalAmt09423
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02756
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt053995
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt059007
IRS990/PrincipalOfficerNm0JOHN L WAGNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0289878
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0289878
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0782028
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0444
IRS990/PYOtherExpensesAmt0718371
IRS990/PYOtherRevenueAmt05969
IRS990/PYProgramServiceRevenueAmt0323686
IRS990/PYRevenuesLessExpensesAmt0393756
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0718371
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01112127
IRS990/ReconcilationRevenueExpnssAmt0162126
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0289878
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0108561
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0140601
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/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0772968
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03646305
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04419273
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038643
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038643
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0952752
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0166967
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0166967
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037917
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt082161
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0120078
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01114878
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO APRIL 30, 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0977852
IRS990ScheduleD/TotalExpensesPerForm990Amt0952752
IRS990ScheduleD/TotalRevenuePerForm990Amt01114878
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01114878
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0952752
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0SEE PART V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SEE PART V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt083303
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE PART V
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0(A) NAME OF INTERESTED PERSONS: WHETSTONE COMPANY(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: MANAGEMENT COMPANY 100% OWNED BY PRESIDENT OF ORGANIZATION(C) AMOUNT OF TRANSACTION: $83,303(D) DESCRIPTION OF TRANSACTION: MANAGEMENT FEES PAID TO COMPANY PURSUANT TO AN AGREEMENT APPROVED BY HUD.(E) SHARING OF ORGANIZATION REVENUES? YES
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING BOARD MEMBERS HAVE BOTH A FAMILY RELATIONSHIP AND A BUSINESS RELATIONSHIP : JOHN L. WAGNER, KIM L. WAGNER, AND JORDAN WAGNER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS MANAGED BY WHETSTONE COMPANY, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS CALCULATED AS 7.48% OF GROSS COLLECTIONS. MANAGEMENT FEES TOTALING $83,303 WERE INCURRED DURING FISCAL YEAR 2025. NONE OF THE ORGANIZATION'S OFFICERS LISTED IN PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO BOARD MEETINGS WERE HELD DURING FISCAL YEAR 2025.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD ACTED AS A WHOLE AND NO COMMITTEES MET DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE ORGANIZATION, AND A COPY OF THE RETURN IS CIRCULATED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01359434
IRS990/TotalAssetsEOYAmt01650073
IRS990/TotalAssetsGrp/BOYAmt01359434
IRS990/TotalAssetsGrp/EOYAmt01650073
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0815127
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0136817
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0815935
IRS990/TotalFunctionalExpensesGrp/TotalAmt0952752
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt072579
IRS990/TotalLiabilitiesEOYAmt0201092
IRS990/TotalLiabilitiesGrp/BOYAmt072579
IRS990/TotalLiabilitiesGrp/EOYAmt0201092
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01286855
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01448981
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0815935
IRS990/TotalProgramServiceRevenueAmt0289878
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt09873
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0289878
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01114878
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01359434
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01650073
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0200
IRS990/TravelGrp/TotalAmt0200
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0526 W 14TH STREET 187
IRS990/USAddress/CityNm0TRAVERSE CITY
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049684
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN L WAGNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08048621450
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAFAYETTE HOUSE ELDERLY HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0LAFA
ReturnHeader/Filer/EIN0521132643
ReturnHeader/Filer/PhoneNum08048621450
ReturnHeader/Filer/USAddress/AddressLine1Txt0526 W 14TH STREET 187
ReturnHeader/Filer/USAddress/CityNm0TRAVERSE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049684
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331374517
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0245 PARK AVENUE 12TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010167
ReturnHeader/PreparerPersonGrp/PhoneNum02122862600
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARRETT M HIGGINS
ReturnHeader/ReturnTs02026-03-16T15:17:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-05-01
ReturnHeader/TaxPeriodEndDt02025-04-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.