LINC Housing
Profile
Current
(Last updated:
Nov 27, 2024
)
Current Fiscal Year
Current fiscal year information has not been provided.
Revenue vs. Expense ($)
Expense Breakdown: 2024 (%)
| Administration Expense | 5.0% |
| Program Expense | 64.3% |
| Fundraising Expense | 2.3% |
Expense Breakdown: 2023 (%)
| Administration Expense | 34.0% |
| Program Expense | 62.4% |
| Fundraising Expense | 3.7% |
Expense Breakdown: 2022 (%)
| Administration Expense | 32.1% |
| Program Expense | 63.7% |
| Fundraising Expense | 4.2% |
990 Tax Form Newest 990 Year opens each June
Tax Year 2024 Form 990 (Fiscal Year ending in 2024)
Tax Year 2023 Form 990 (Fiscal Year ending in 2023)
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Tax Year 2022 Form 990 (Fiscal Year ending in 2022)
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Tax Year 2021 Form 990 (Fiscal Year ending in 2021)
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Prior Three Years Total Revenue and Expense Totals
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $54,931,596 | $19,739,757 | $43,197,874 |
| Total Expenses | $21,758,234 | $23,713,406 | $19,568,923 |
Prior Three Years Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | - | $3,197,501 | $1,149,800 |
| Government Contributions | $16,633,892 | $1,300,028 | $23,886,019 |
| Federal | - | - | - |
| State | - | - | - |
| Local | - | - | - |
| Unspecified | - | - | - |
| Individual Contributions | - | $0 | $0 |
| Indirect Public Support | - | - | - |
| Earned Revenue | $16,618,801 | $0 | $0 |
| Investment Income, Net of Losses | $13,712,241 | - | - |
| Membership Dues | - | $0 | $0 |
| Special Events | - | $102,236 | $110,322 |
| Revenue In-Kind | $57,199 | - | - |
| Other Revenue | - | -$1,733 | $464,104 |
Prior Three Years Expense Allocations by Type
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $13,999,907 | $14,786,032 | $12,456,370 |
| Administration Expense | $1,097,811 | $8,059,818 | $6,284,303 |
| Fundraising Expense | $497,401 | $867,556 | $828,250 |
| Payments to Affiliates | - | - | - |
| Total Revenue/Total Expenses | 2.52 | 0.83 | 2.21 |
| Program Expense/Total Expenses | 64% | 62% | 64% |
| Fundraising Expense/Total Revenue | 1% | 4% | 2% |
Prior Three Years Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $305,871,736 | - | - |
| Current Assets | $101,845,882 | - | - |
| Long-Term Liabilities | $85,382,810 | - | - |
| Current Liabilities | $27,483,644 | - | - |
| Total Net Assets | $136,351,164 | - | - |
Short Term Solvency
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets/Current Liabilities | 3.71 | - | - |
Long Term Solvency
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Long Term Liabilities/Total Assets | 28% | - | - |
Endowment/Capital Campaigns
Are you currently in a Capital Campaign? -
CONTACT
LINC Housing
3590 Elm Avenue
Long Beach, California 90807
Ian Nevarez
Phone: 562-684-1171