Civic Intelligence

Lasker Village Apartments

EIN 74-2725664 • 501(c)3 • San Antonio, TX

Profile

Provide affordable housing for elderly and handicapped persons under the hud section 811 program

4702 West AvenueSan Antonio, TX 78213

www.laskervillage.com

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.02x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

66th percentile

0.08x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

27th percentile

-7.0%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

33rd percentile

-2.5%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$581,335

Down $14,942 (-2.5%) from 2024

Liabilities

Down

$12,428

Down $3,500 (-22%) from 2024

Net Assets

Down

$568,907

Down $11,442 (-2.0%) from 2024

Revenue

Up

$162,330

Up $15,692 (+11%) from 2024

Expenses

Down

$173,772

Down $2,962 (-1.7%) from 2024

Net Income

Up

-$11,442

Up $18,654 (+62%) from 2024

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $795,274Liabilities 2012: $8,912Net Assets 2012: $786,3622012Assets 2013: $761,332Liabilities 2013: $9,056Net Assets 2013: $752,2762013Assets 2014: $741,968Liabilities 2014: $10,673Net Assets 2014: $731,2952014Assets 2015: $737,791Liabilities 2015: $12,132Net Assets 2015: $725,6592015Assets 2016: $708,460Liabilities 2016: $10,908Net Assets 2016: $697,5522016Assets 2017: $695,083Liabilities 2017: $20,141Net Assets 2017: $674,9422017Assets 2018: $686,496Liabilities 2018: $15,302Net Assets 2018: $671,1942018Assets 2019: $678,464Liabilities 2019: $13,387Net Assets 2019: $665,0772019Assets 2020: $647,771Liabilities 2020: $14,129Net Assets 2020: $633,6422020Assets 2021: $638,531Liabilities 2021: $12,260Net Assets 2021: $626,2712021Assets 2022: $635,943Liabilities 2022: $11,757Net Assets 2022: $624,1862022Assets 2023: $623,292Liabilities 2023: $12,847Net Assets 2023: $610,4452023Assets 2024: $596,277Liabilities 2024: $15,928Net Assets 2024: $580,3492024Assets 2025: $581,335Liabilities 2025: $12,428Net Assets 2025: $568,9072025

Highlighted filing

2025

Assets$581,335
Liabilities$12,428
Net Assets$568,907

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $73,947Expenses 2012: $120,545Net Income 2012: -$46,5982012Revenue 2013: $83,849Expenses 2013: $117,935Net Income 2013: -$34,0862013Revenue 2014: $96,506Expenses 2014: $117,487Net Income 2014: -$20,9812014Revenue 2015: $109,738Expenses 2015: $115,374Net Income 2015: -$5,6362015Revenue 2016: $98,812Expenses 2016: $126,919Net Income 2016: -$28,1072016Revenue 2017: $112,110Expenses 2017: $134,720Net Income 2017: -$22,6102017Revenue 2018: $125,617Expenses 2018: $129,365Net Income 2018: -$3,7482018Revenue 2019: $127,874Expenses 2019: $133,991Net Income 2019: -$6,1172019Revenue 2020: $127,858Expenses 2020: $159,293Net Income 2020: -$31,4352020Revenue 2021: $140,557Expenses 2021: $147,928Net Income 2021: -$7,3712021Revenue 2022: $146,685Expenses 2022: $148,770Net Income 2022: -$2,0852022Revenue 2023: $141,715Expenses 2023: $155,456Net Income 2023: -$13,7412023Revenue 2024: $146,638Expenses 2024: $176,734Net Income 2024: -$30,0962024Revenue 2025: $162,330Expenses 2025: $173,772Net Income 2025: -$11,4422025

Highlighted filing

2025

Revenue$162,330
Expenses$173,772
Net Income-$11,442

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.81$0.12$5.69$1.62$1.74$0.11
2024Detailed filing. Detailed filing data is available for this year.$5.96$0.16$5.80$1.47$1.77$0.30
2023Detailed filing. Detailed filing data is available for this year.$6.23$0.13$6.10$1.42$1.55$0.14
2022Detailed filing. Detailed filing data is available for this year.$6.36$0.12$6.24$1.47$1.49$0.02
2021Detailed filing. Detailed filing data is available for this year.$6.39$0.12$6.26$1.41$1.48$0.07
2020Summary only. Only limited summary data is available for this year.$6.48$0.14$6.34$1.28$1.59$0.31
2019Summary only. Only limited summary data is available for this year.$6.78$0.13$6.65$1.28$1.34$0.06
2018Summary only. Only limited summary data is available for this year.$6.86$0.15$6.71$1.26$1.29$0.04
2017Detailed filing. Detailed filing data is available for this year.$6.95$0.20$6.75$1.12$1.35$0.23
2016Detailed filing. Detailed filing data is available for this year.$7.08$0.11$6.98$0.99$1.27$0.28
2015Detailed filing. Detailed filing data is available for this year.$7.38$0.12$7.26$1.10$1.15$0.06
2014Detailed filing. Detailed filing data is available for this year.$7.42$0.11$7.31$0.97$1.17$0.21
2013Summary only. Only limited summary data is available for this year.$7.61$0.09$7.52$0.84$1.18$0.34
2012Summary only. Only limited summary data is available for this year.$7.95$0.09$7.86$0.74$1.21$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Jul 16, 2025
Return Version
2024v5.0
Gross Receipts
$162,330
Mission and Program Overview

Mission

Provide affordable housing for elderly and handicapped persons under the hud section 811 program

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$459,520$429,860▼ $29,660
Prepaid Expenses and Deferred Charges$3,747$4,137▲ $390
Cash and Non-Interest-Bearing Accounts$2,928$1,600▼ $1,328
Accounts Receivable$106$1,011▲ $905
Total Assets$596,277$581,335▼ $14,942
Other Assets Total$129,976$144,727▲ $14,751
Liabilities
Other Liabilities$6,330$6,310▼ $20
Accounts Payable and Accrued Expenses$9,554$6,098▼ $3,456
Deferred Revenue$44$20▼ $24
Total Liabilities$15,928$12,428▼ $3,500
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,141,400$1,141,400→ $0
Net Assets Without Donor Restrictions$-561,051$-572,493▼ $11,442
Total Net Assets Fund Balance$580,349$568,907▼ $11,442
Total Liabilities and Net Assets / Fund Balance$596,277$581,335▼ $14,942

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$374,325$732,168$1,106,493
Land$55,535-$55,535
Other Assets Org$6,310--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$159,139
Investment Income
$3,191
Other Revenue
$0
Change in Net Assets
$-11,442

Audited Revenue Reconciliation

Revenue per Audited Statements
$162,330
Total Revenue per Audited Statements
$162,330
Total Revenue per Form 990
$162,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,275
Salaries, Compensation, and Employee Benefits$42,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$35,279--$35,279
Depreciation Depletion$33,496--$33,496
Occupancy$32,924--$32,924
Fees for Services Management-$21,483-$21,483
Fees for Services Accounting-$8,632-$8,632
Office Expenses$5,426--$5,426
Other Employee Benefits$4,267--$4,267
Payroll Taxes$2,951--$2,951
Insurance$1,036--$1,036
Advertising$828--$828
Other Expenses$551--$551
Conferences and Meetings-$122-$122
Total Functional Expenses$143,535$30,237$0$173,772

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$173,772
Total Expenses per Audited Statements$173,772
Total Expenses per Form 990$173,772
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits (contra)$6,310
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 3

Management contract with rc managment inc

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by board members before signing

Form 990, Page 6, Part VI, Line 15A

Any and all compensation that may be provided is authorized by the board of directors, currently no compensation is provided to any board member or officer.

Form 990, Page 6, Part VI, Line 15B

Any and all compensation that may be provided is authorized by the board of directors, currently no compensation is provided to any board member or officer.

Form 990, Page 6, Part VI, Line 19

Upon request, copies of the report are made available.

Filing and Contact Details

Filer

Filer Name
Lasker Village Apartments
EIN
74-2725664
Phone
2103419133
Address
4702 WEST AVENUE, SAN ANTONIO, TX 78213

Signing Officer

Name
Dr Michael Passmore
Title
President
Phone
2103419133
Signed
2025-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Michael Passmore
Formed
1994
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
William B Beale
Phone
2259263360
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide affordable housing for elderly and handicapped persons under the hud section 811 program

Raw XML Appendix371 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.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0445459
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0626
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0272
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04136
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0305151
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IRS990ScheduleA/PublicSupportCY170Pct00.99080
IRS990ScheduleA/PublicSupportPY170Pct00.99800
IRS990ScheduleA/PublicSupportTotal170Amt0445459
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt070910
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt080820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140536
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IRS990ScheduleD/LandGrp/BookValueAmt055535
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt055535
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt26310
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS HELD IN TRU
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0732168
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01106493
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06310
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS (CONTRA)
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0144727
IRS990ScheduleD/TotalExpensesPerForm990Amt0173772
IRS990ScheduleD/TotalLiabilityAmt06310
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE AFFORDABLE HOUSING FOR ELDERLY AND HANDICAPPED PERSONS UNDER THE HUD SECTION 811 PROGRAM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT CONTRACT WITH RC MANAGMENT INC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY BOARD MEMBERS BEFORE SIGNING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY AND ALL COMPENSATION THAT MAY BE PROVIDED IS AUTHORIZED BY THE BOARD OF DIRECTORS, CURRENTLY NO COMPENSATION IS PROVIDED TO ANY BOARD MEMBER OR OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY AND ALL COMPENSATION THAT MAY BE PROVIDED IS AUTHORIZED BY THE BOARD OF DIRECTORS, CURRENTLY NO COMPENSATION IS PROVIDED TO ANY BOARD MEMBER OR OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST, COPIES OF THE REPORT ARE MADE AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0581335
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IRS990/TotalAssetsGrp/EOYAmt0581335
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030237
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0143535
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015928
IRS990/TotalLiabilitiesEOYAmt012428
IRS990/TotalLiabilitiesGrp/BOYAmt015928
IRS990/TotalLiabilitiesGrp/EOYAmt012428
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0580349
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0568907
IRS990/TotalProgramServiceExpensesAmt0143535
IRS990/TotalProgramServiceRevenueAmt0159139
IRS990/TotalRevenueGrp/ExclusionAmt03191
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0159139
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04702 WEST AVENUE
IRS990/USAddress/CityNm0SAN ANTONIO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078213
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTP://WWW.LASKERVILLAGE.COM/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR MICHAEL PASSMORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02103419133
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LASKER VILLAGE APARTMENTS
ReturnHeader/Filer/BusinessNameControlTxt0LASK
ReturnHeader/Filer/EIN0742725664
ReturnHeader/Filer/PhoneNum02103419133
ReturnHeader/Filer/USAddress/AddressLine1Txt04702 WEST AVENUE
ReturnHeader/Filer/USAddress/CityNm0SAN ANTONIO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078213
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721314069
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MADDOX & ASSOCIATES APC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05627 BANKERS AVE BLDG 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BATON ROUGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0708082610
ReturnHeader/PreparerPersonGrp/PhoneNum02259263360
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM B BEALE
ReturnHeader/ReturnTs02025-07-18T10:04:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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