philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Lexington Housing Development

Lexington, NEUnknown exempt organizationEIN 26-1596578

The mission of the housing authority of the city of lexington nebraska is to be the area's affordable housing of choice. We provide and maintain safe, quality housing in a cost-effective manner. By partnering with others, we offer rental assistance and other related services to our community in a non-discriminatory manner.

99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$33K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$303K
Spent
$206K
To programs
99%
Net assets
$1.1M

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $203K Management & general 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
John Salem
Vice Chair
$0Pt VII · Sec A
See Lexington Housing Development executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides and maintains safe, quality affordable housing and rental assistance.

Provided by the organization

This section is blank until Lexington Housing Development claims this page.

Know this organization? Claim it to add your story

1 program service account for $203K of program spending, described in the organization's own filed words · FY2021.
01

.

$203Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$303K
Ln 12
Fees for servicesLn 2g$303K
Investment incomeLn 3$13
Money outPt IX
$206K
Ln 25
Programscol B$203K
Managementcol C$3K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$108K
Total assetsLn 16$1.1M
LiabilitiesLn 26$33K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$303K
Investment incomeLn 3$13
Total revenueLn 12$303K
Assets in detailPt X, end of year
CashLn 1$108K
Cash and savings togetherLn 1–2$108K
Land, buildings, equipmentLn 10c$1.0M
Total assetsLn 16$1.1M
LiabilitiesLn 26$33K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$108K
Land, buildings, equipmentLn 10c$999K$1.0M
Total assetsLn 16$1.0M$1.1M
LiabilitiesLn 26$12K$33K
Net assetsLn 32$996K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$37K$37K
Other employee benefitsLn 9$196$196
Legal feesLn 11b$93$93
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$656$656
Office expensesLn 13$1K$1K
Depreciation, depletion and amortizationLn 22$68K$68K
Other expenses (24a–d)Ln 24$61K$61K
All other expensesLn 24e$35K$35K
Total functional expensesLn 25$206K$203K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $303K$206K$97K$1.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $303,028 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $303,015$303,015
VIII-3 Investment incomeRelated to mission $13$13
VIII-12 Total revenueRelated to mission $303,028$303,028
Part IX · Statement of functional expenses $205,836 across 9 lines filed
IX-7 Other salaries and wagesPrograms $36,528$36,528
IX-9 Other employee benefitsPrograms $196$196
IX-11b Legal feesPrograms $93$93
IX-11c Accounting feesManagement $2,813$2,813
IX-12 Advertising and promotionPrograms $656$656
IX-13 Office expensesPrograms $1,489$1,489
IX-22 Depreciation, depletion and amortizationPrograms $67,863$67,863
IX-24 Other expenses (24a–d)Programs $60,813$60,813
IX-24e All other expensesPrograms $35,385$35,385
IX-25 Total functional expensesPrograms $203,023 · Management $2,813 · Fundraising $0$205,836
Part X · Balance sheet $1,126,249 assets, 10 lines filed
X-1 Cash, non-interest-bearing$108,225
X-4 Accounts receivable$1,450
X-9 Prepaid expenses and deferred charges$3,947
X-10c Land, buildings and equipment, netStart of year $998,937$1,012,627
X-16 Total assetsStart of year $1,008,034$1,126,249
X-17 Accounts payable and accrued expenses$21,023
X-25 Other liabilitiesStart of year $12,097$12,097
X-26 Total liabilitiesStart of year $12,097$33,120
X-32 Total net assets or fund balancesStart of year $995,937$1,093,129
X-33 Total liabilities and net assetsStart of year $1,008,034$1,126,249
Part XI · Reconciliation of net assets $1,093,129 net assets at year end
XI-1 Total revenue$303,028
XI-2 Total expenses$205,836
XI-3 Revenue less expenses$97,192
XI-4 Net assets at start of year$995,937
XI-10 Net assets at end of year$1,093,129

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.