PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Lake View Towers Residents Association Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$9.35M (2023)

Expenses
$9.75M (2023)

Total Assets
$45M (2023)

Total Liabilities
$63.5M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,354,049
Expenses
$9,749,328
Net Income
-$395,279
Net Assets
-$18,450,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,034,459
96.6%
Investment Income $11,849
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $307,741
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $854,357
8.8%
Assets/Debt
Total Assets $45,032,987
Total Liabilities $63,483,377
Net Assets -$18,450,390
Compensation
Key Employees and Officers Compensation Related Other
Charlotte Carter (Asst. Secretary) $0 $0 $0
Diane Santucci (President/Secr) $0 $0 $0
Lena Mcclellan (Vice President) $0 $0 $0
Rashid Shaikh (Vice President) $0 $0 $0
Seid Degu (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,205,558
Expenses
$20,867,649
Net Income
-$11,662,091
Net Assets
-$18,055,111
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,911,659
96.8%
Investment Income $6,737
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $287,162
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $844,365
4.0%
Assets/Debt
Total Assets $45,962,939
Total Liabilities $64,018,050
Net Assets -$18,055,111
Compensation
Key Employees and Officers Compensation Related Other
Charlotte Carter (Asst. Secretary) $0 $0 $0
Diane Santucci (President/Secr) $0 $0 $0
Lena Mcclellan (Vice President) $0 $0 $0
Rashid Shaikh (Vice President) $0 $0 $0
Seid Degu (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,007,735
Expenses
$9,340,054
Net Income
-$332,319
Net Assets
-$6,393,020
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,584,198
95.3%
Investment Income $8,703
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $414,834
4.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $854,703
9.2%
Assets/Debt
Total Assets $58,558,713
Total Liabilities $64,951,733
Net Assets -$6,393,020
Compensation
Key Employees and Officers Compensation Related Other
Stephen Somuah Deceased (President) $0 $0 $0
Serafim Kogan (Vice President) $0 $0 $0
Diane Santucci (Secretary/Treas) $0 $0 $0
M Ali (Director) $0 $0 $0
Lena Mcclellan (Director) $0 $0 $0
Rashid Shaikh (Director) $0 $0 $0
Seid Degu (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,028,041
Expenses
$9,113,976
Net Income
-$85,935
Net Assets
-$6,060,701
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,686,649
96.2%
Investment Income $61,503
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $279,889
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $729,510
8.0%
Assets/Debt
Total Assets $60,286,859
Total Liabilities $66,347,560
Net Assets -$6,060,701
Compensation
Key Employees and Officers Compensation Related Other
Stephen Somuah (President) $0 $0 $0
Serafim Kogan (Vice President) $0 $0 $0
Diane Santucci (Secretary/Treas) $0 $0 $0
M Ali (Director) $0 $0 $0
Lena Mcclellan (Director) $0 $0 $0
Rashid Shaikh (Director) $0 $0 $0
Seid Degu (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,247,590
Expenses
$8,955,663
Net Income
$291,927
Net Assets
-$5,974,766
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,763,801
94.8%
Investment Income $176,397
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $307,392
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $783,985
8.8%
Assets/Debt
Total Assets $60,938,090
Total Liabilities $66,912,856
Net Assets -$5,974,766
Compensation
Key Employees and Officers Compensation Related Other
Stephen Somuah (President) $0 $0 $0
Serafim Kogan (Vice President) $0 $0 $0
Diane Santucci (Secretary/Treas) $0 $0 $0
M Ali (Director) $0 $0 $0
Lena Mcclellan (Director) $0 $0 $0
Rashid Shaikh (Director) $0 $0 $0
Seid Degu (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,313,114
Expenses
$7,162,022
Net Income
$151,092
Net Assets
-$4,837,563
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,996,681
95.7%
Investment Income $1,666
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $314,767
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $709,509
9.9%
Assets/Debt
Total Assets $35,412,357
Total Liabilities $40,249,920
Net Assets -$4,837,563
Compensation
Key Employees and Officers Compensation Related Other
Stephen Somuah (President) $0 $0 $0
Serafim Kogan (Vice President) $0 $0 $0
Diane Santucci (Secretary/Treas) $0 $0 $0
Cathy D Martin (Director) $0 $0 $0
Lena Mcclellan (Director) $0 $0 $0
Rashid Shaikh (Director) $0 $0 $0
Seid Degu (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,991,909
Expenses
$7,274,656
Net Income
-$282,747
Net Assets
-$4,988,655
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,768,988
96.8%
Investment Income $1,225
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $221,696
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $677,923
9.3%
Assets/Debt
Total Assets $35,581,599
Total Liabilities $40,570,254
Net Assets -$4,988,655
Compensation
Key Employees and Officers Compensation Related Other
Stephen Somuah (President) $0 $0 $0
Serafim Kogan (Vice President) $0 $0 $0
Diane Santucci (Secretary/Treas) $0 $0 $0
Valeda Williams (Director) $0 $0 $0
Peter Maziya (Director) $0 $0 $0
Rashid Shaikh (Director) $0 $0 $0
Lena Mcclellan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,982,164
Expenses
$7,421,231
Net Income
-$439,067
Net Assets
-$4,705,908
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,763,209
96.9%
Investment Income $1,049
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $217,906
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $665,484
9.0%
Assets/Debt
Total Assets $36,342,218
Total Liabilities $41,048,126
Net Assets -$4,705,908
Compensation
Key Employees and Officers Compensation Related Other
Stephen Somuah (President) $0 $0 $0
Serafim Kogan (Vice President) $0 $0 $0
Diane Santucci (Secretary/Treas) $0 $0 $0
Valeda Williams (Director) $0 $0 $0
Peter Maziya (Director) $0 $0 $0
Rashid Shaikh (Director) $0 $0 $0
Lena Mcclellan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,887,515
Expenses
$6,831,244
Net Income
$56,271
Net Assets
-$4,266,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,690,273
97.1%
Investment Income $1,167
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $196,075
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $661,718
9.7%
Assets/Debt
Total Assets $36,930,313
Total Liabilities $41,197,154
Net Assets -$4,266,841

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,018,383
Expenses
$7,074,382
Net Income
-$55,999
Net Assets
-$4,323,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,820,048
97.2%
Investment Income $2,337
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $195,998
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $635,100
9.0%
Assets/Debt
Total Assets $37,416,899
Total Liabilities $41,740,011
Net Assets -$4,323,112

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,876,194
Expenses
$7,065,679
Net Income
-$189,485
Net Assets
-$4,267,113
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,679,224
97.1%
Investment Income $2,897
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $194,073
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $616,935
8.7%
Assets/Debt
Total Assets $37,755,116
Total Liabilities $42,022,229
Net Assets -$4,267,113

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,826,988
Expenses
$8,965,864
Net Income
-$2,138,876
Net Assets
-$4,077,628
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,659,867
97.6%
Investment Income $2,725
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $164,396
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $613,007
6.8%
Assets/Debt
Total Assets $38,319,243
Total Liabilities $42,396,871
Net Assets -$4,077,628

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,766,898
Expenses
$8,012,335
Net Income
-$1,245,437
Net Assets
-$1,938,752
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,651,242
98.3%
Investment Income $4,453
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $111,203
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $586,887
7.3%
Assets/Debt
Total Assets $39,445,424
Total Liabilities $41,384,176
Net Assets -$1,938,752

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »