Lmhc Properties INC

Fort Myers, FL · Public charity (501(c)(3)) · Housing

✓ Tax-deductible Latest data FY2025
Revenue
$168K
▲ +6% vs prior year
Spent
$208K
To programs
87%
Net assets
$-836K

Form 990 for the fiscal year ending June 2025 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
87% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +6% vs prior year
Legal name (IRS)Hdr · item CLmhc Properties INC
EINHdr · item D65-0098734
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 1989
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CFort Myers, FL
NTEE classificationIRS BMFHousing (L21Z)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$181K
Management & general13%$28K
Total functional expensesLn 25$208K

Financial health

Revenue & expenses by yearFY2021–FY2025
Revenue
$168K
FY2025▲ +6%
Expenses
$208K
FY2025▲ +3%
Program efficiency
87%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-24%
revenue over expenses, this year▲ +13% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$572K
FY2025▼ -4%
Total liabilities
$1.4M
FY2025▲ +1%
Revenue less expensesPt I · Ln 19−$41K
Total assetsPt X · Ln 16$572K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$101
Total assetsLn 16$572K
Total liabilitiesLn 26$1.4M
Total net assetsLn 32$-836K
Months of cash on handcomputed0.0

Statement of Revenue

Part VIII
Program service revenue100%$167K
Investment income$326
Total revenueLn 12$168K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $101 · Operating expenses/yr $208K
0.0 months
Where the money goes
Program services
Program services $181K · Total expenses $208K
87%
Management & General
Management & general $28K · Total expenses $208K
13%
Fundraising
Fundraising $0 · Total expenses $208K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $168K
0%
Government reliance
Government grants — · Total revenue $168K
—
Earned-income share
Program service revenue $167K · Total revenue $168K
100%
Investment reliance
Investment income $326 · Total revenue $168K
+0.2%
Program self-sufficiency
Program service revenue $167K · Total expenses $208K
80%
Growth & trend
Revenue growth (YoY)
This year $168K · Prior year $158K
+6%
Revenue CAGR
FY2020 $169K · FY2024 $168K
-0.2%
Net-asset trend (YoY)
End of year $-836K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $168K · Expenses $208K
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $572K
—
Net-asset ratio
Net assets $-836K · Total assets $572K
-146%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $572K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ronne Apicella · Reported title CFO · Highest reported compensation $0 · Total expenses $208K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $19K · Total expenses $208K
9%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%——
Overhead ratio 13%——
Revenue growth 6%——
Accounting fee ratio 4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
CEO, Receive
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Lmhc Properties INC executive salaries →

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

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Offers HUD-regulated housing for disadvantaged individuals.

Provided by the organization

This section is blank until Lmhc Properties INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $181K of program spending, described in the organization's own filed words · FY2024.
01

Two separate apartment facilities with a total of 20 units operated under section 811. Project was established to provide housing for disadvantaged individuals on a non-discriminating basis.

$181Kprogram expense

Run this program? Claim this org to tell your story

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $168K$208K+6% 990 PDF
FY2024 $158K$202K-8% 990 PDF
FY2023 $173K$207K+0.7% 990 PDF
FY2022 $171K$213K+1% 990 PDF
FY2021 $169K$183K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Lmhc Properties INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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

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 peer-cohort and compensation comparisons above.