NonprofitsPalermo Lakes Inc

Housing & Shelter

Palermo Lakes Inc

MIAMI, FL

Total revenue

$926K

Total expenses

$1.4M

Net assets

$8.0M

Grants received

$58K

2 grants

EIN

300250767

Tax year

2024

Mission

Operation of low income housing for the elderly and handicapped, regulated and assisted by the department of housing and urban development (hud).

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$910K
Investment income$16K
Other revenue$284
Total revenue$926K

Expenses

Grants paid
Salaries & benefits$383K
Fundraising
Other expenses$976K
Total expenses$1.4M
Total assets$10.2M
Net assets$8.0M

People

8 listed

NameRoleCompensation

MELANIE RIBEIRO

VICE PRESIDE

Board

0.7 hrs/wk

JOHN OLSEN

DIRECTOR

Board

0.5 hrs/wk

MARIA CORDONE

SECRETARY

Board

0.3 hrs/wk

LISA DAVIS

DIRECTOR

Board

0.1 hrs/wk

SHERWOOD DUBOSE

DIRECTOR

Board

0.1 hrs/wk

TONY FRANSETTA

DIRECTOR

Board

0.1 hrs/wk

ERICA SCHMELZER

TREASURER

Board

0.4 hrs/wk

CHRISTOPHER SHELTON

PRESIDENT

Board

0.5 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$25K
GENERAL SUPPORT
2022
$33K
LOW INCOME HOUSING
2017

Funded by

$58K from 1 funder · 2 grants · 2017–2022

Elderly Housing Dev & Operations

$58K · 2 grants · 2017–2022

Details

EIN300250767
NTEE codeL22
Subsection03
Ruling date2004-06
Formed2004
Employees7
PALERMO LAKES INC — Mission, Financials & Grants Received | Grantivo