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Parklane Apartments 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 / Public Housing Facilities (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$604k (2023)

Expenses
$562k (2023)

Total Assets
$1.31M (2023)

Total Liabilities
$808k (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
$603,974
Expenses
$562,222
Net Income
$41,752
Net Assets
$498,421
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $603,794
100.0%
Investment Income $180
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,805
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $69,267
12.3%
Assets/Debt
Total Assets $1,306,792
Total Liabilities $808,371
Net Assets $498,421
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Powell Sanders (Vice Preside) $0 $0 $0
Farrell Sexton (President) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$577,467
Expenses
$523,008
Net Income
$54,459
Net Assets
$456,669
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $577,447
100.0%
Investment Income $20
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $51,323
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $81,245
15.5%
Assets/Debt
Total Assets $1,288,372
Total Liabilities $831,703
Net Assets $456,669
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Powell Sanders (Vice Preside) $0 $0 $0
Farrell Sexton (President) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$575,646
Expenses
$626,135
Net Income
-$50,489
Net Assets
$362,562
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $575,628
100.0%
Investment Income $18
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,111
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $124,794
19.9%
Assets/Debt
Total Assets $1,219,440
Total Liabilities $856,878
Net Assets $362,562
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Powell Sanders (Vice Preside) $0 $0 $0
Farrell Sexton (President) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$517,966
Expenses
$538,936
Net Income
-$20,970
Net Assets
$413,051
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $517,936
100.0%
Investment Income $30
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,013
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $113,280
21.0%
Assets/Debt
Total Assets $1,314,916
Total Liabilities $901,865
Net Assets $413,051
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Powell Sanders (Vice Preside) $0 $0 $0
Farrell Sexton (President) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$523,787
Expenses
$617,567
Net Income
-$93,780
Net Assets
$434,021
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $523,737
100.0%
Investment Income $50
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $47,112
7.6%
Professional Fundraising Fees $0
Other Salaries and Wages $141,390
22.9%
Assets/Debt
Total Assets $1,355,383
Total Liabilities $921,362
Net Assets $434,021
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Powell Sanders (Vice Preside) $0 $0 $0
Farrell Sexton (President) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$530,982
Expenses
$564,059
Net Income
-$33,077
Net Assets
$527,801
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $530,911
100.0%
Investment Income $71
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $47,250
8.4%
Professional Fundraising Fees $0
Other Salaries and Wages $141,931
25.2%
Assets/Debt
Total Assets $1,481,256
Total Liabilities $953,455
Net Assets $527,801
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrell Sexton (President) $0 $0 $0
Powell Sanders (Vice Preside) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$529,806
Expenses
$547,976
Net Income
-$18,170
Net Assets
$560,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $529,710
100.0%
Investment Income $96
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $46,841
8.5%
Professional Fundraising Fees $0
Other Salaries and Wages $112,969
20.6%
Assets/Debt
Total Assets $1,548,970
Total Liabilities $988,092
Net Assets $560,878
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrell Sexton (President) $0 $0 $0
Powell Sanders (Vice Preside) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$528,514
Expenses
$501,061
Net Income
$27,453
Net Assets
$579,048
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $528,395
100.0%
Investment Income $119
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $46,323
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $98,375
19.6%
Assets/Debt
Total Assets $1,580,629
Total Liabilities $1,001,581
Net Assets $579,048
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrell Sexton (President) $0 $0 $0
Powell Sanders (Vice Preside) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$521,610
Expenses
$543,699
Net Income
-$22,089
Net Assets
$551,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $521,517
100.0%
Investment Income $93
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $47,751
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $101,534
18.7%
Assets/Debt
Total Assets $1,591,086
Total Liabilities $1,039,491
Net Assets $551,595
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrell Sexton (President) $0 $0 $0
Powell Sanders (Vice Preside) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$527,131
Expenses
$555,866
Net Income
-$28,735
Net Assets
$573,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $526,957
100.0%
Investment Income $174
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $48,114
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $98,637
17.7%
Assets/Debt
Total Assets $1,644,021
Total Liabilities $1,070,337
Net Assets $573,684
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Farrell Sexton (President) $0 $0 $0
Powell Sanders (Vice Preside) $0 $0 $0
Michelle Sexton (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$520,807
Expenses
$518,981
Net Income
$1,826
Net Assets
$602,419
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $520,684
100.0%
Investment Income $123
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $46,921
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $88,594
17.1%
Assets/Debt
Total Assets $1,698,890
Total Liabilities $1,096,471
Net Assets $602,419

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$514,176
Expenses
$514,474
Net Income
-$298
Net Assets
$600,593
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $514,037
100.0%
Investment Income $139
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $46,369
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $87,275
17.0%
Assets/Debt
Total Assets $1,681,966
Total Liabilities $1,081,373
Net Assets $600,593

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$492,479
Expenses
$630,736
Net Income
-$138,257
Net Assets
$600,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $535,688
> 100%
Investment Income $194
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$43,403
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $44,929
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $81,702
13.0%
Assets/Debt
Total Assets $1,753,237
Total Liabilities $1,152,346
Net Assets $600,891

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.
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.
2004

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 »

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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.

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