GrantAuthority

Lakewood Senior Citizens Inc

Grantmaking foundation in Lakewood, Ohio · EIN 34-0893419

Grants itemized on the 990
$51KTax year 2024
Grants made
1Tax year 2024
Total assets
$17MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

LAKEWOOD SENIOR CITIZENS, INC. SOLD ALL THREE SENIOR APARTMENT BUILDINGS TO TAXABLE ENTITIES TO OPERATE AS QUALIFIED LOW-INCOME HOUSING PROJECTS WITHIN THE MEANING OF SECTION 42 OF THE INTERNAL REVENUE CODE AND HAVE BEEN RENOVATED AS HISTORIC REHABILITATION PROJECTS IN ACCORDANCE WITH SECTION 47 OF THE INTERNAL REVENUE CODE. THE ENTITY CONTINUES TO OWN A SMALL PERCENTAGE OF THE TAXABLE ENTITIES AND HOLDS NOTE RECEIVABLES FOR THE SELLER FINANCING PROVIDED.

Quoted from the foundation's IRS filing.

Top recipients

RecipientAmountTax year
Barton Center Inc$51K2024

Amounts are rounded. The full grantee list (1 grants in 2024) is available with a free account.

Website: www.westerlyapartments.com

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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.