NonprofitsFifth Street Highrise Inc

Housing & Shelter

Fifth Street Highrise Inc

LOUISVILLE, KY

Total revenue

$3K

Total expenses

$1K

Net assets

$15.1M

Grants received

EIN

610734695

Tax year

2024

Mission

A not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of kentucky. The corporation wasorganized as a nonprofit organization to acquire, own, construct andoperate j.o. Blanton house, a 258-unit apartment complex in louisville,kentucky. The corporation receives housing assistance payments fromthe u.s. Department of housing and urban development pursuant tosection 236 of the national housing act, as amended. On october 19,2018, the property sold to jo blanton affordable limited partnership.fifth street highrise inc. Now funds the project through a sellercarryback loan, and is the managing member of fifth street housing gp,llc. Fifth street housing gp, llc is the general partner of jo blantonaffordable limited partnership. The main purpose of fifth streethighrise inc. Going forward will be to serve as a financing arm of thelow income project now owned by jo blanton affordable limitedpartnership.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$3K
Other revenue
Total revenue$3K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1K
Total expenses$1K
Total assets$15.1M
Net assets$15.1M

People

8 listed

NameRoleCompensation

CECIL BROOKINS

PRESIDENT

Board

1 hrs/wk

LAWRENCE DULIN

VICE PRESIDENT

Board

1 hrs/wk

CHARLES V PIPHUS JR

SECRETARY

Board

1 hrs/wk

JAMES MACK

DIRECTOR

Board

1 hrs/wk

ARNED ARTER

DIRECTOR

Board

1 hrs/wk

ADOLPH THOMPKINS

DIRECTOR

Board

1 hrs/wk

MICHAEL BRANCH

DIRECTOR

Board

1 hrs/wk

LAURICE SHERRER

DIRECTOR

Board

1 hrs/wk

Details

EIN610734695
NTEE codeL210
Subsection03
Ruling date1979-10
Formed1972
Employees0
Volunteers8
FIFTH STREET HIGHRISE INC — Mission, Financials & Grants Received | Grantivo