Livingston Property Development Nfp

Nonprofit profile at a glance

EIN
463868889
IRS 990-EZ coverage
2019–2025
Forms available
Form 990-EZ 2025
Location
Pontiac, IL, USA
Phone
8158446013
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Low-Income & Subsidized Rental Housing

Reported finances

Revenue
$5,636
Expenses
$1,523
Assets
$309,256
Liabilities
$60

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • JACK VIETTA (MEMBER)
  • LYNN MILLION (MEMBER)
  • DALE SCHROCK (CHAIRMAN)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Livingston property development, nfp ("lpd") provides low-income housing to the poor and economically distressed. Housing may either be provided in the form of rental facilities to individuals and families or as home ownership opportunities ("units"). In each lpd housing project, the organization will adhere to the requirements of qualifying as a "low-income housing project" as defined by 26 U.S.c. 42 (low income housing credit), or the applicable proportion of the IRS code as amended, and all limits compiled and published by the department of housing and urban development ("hud"). Further, the lpd shall administer its program in conformity to the low income housing guidelines safe harbor established under IRS rev. Procedure 96-32

What it reported doing in 2025

To provide affordable housing to persons and families in livingston county

Operating model

Revenue model
Investment-supported. 79% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 85
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 73%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 203.06; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -23.3% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -28.1% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.