Mission
LINC-REDONDO BEACH SENIORS, INC OWNS AN APARTMENT BUILDING IN ORDER TO LESSEN THE BURDEN OF GOVERNMENTS AND PROVIDE AFFORDABLE HOUSING THROUGHOUT CALIFORNIA.
Public Charity
LINC - REDONDO BEACH SENIORS INC
Based in LONG BEACH, CA, LINC - REDONDO BEACH SENIORS INC operates as a Public Charity. The organization reported $2.8M in revenue, $2.9M in expenses, $14.1M in total assets for fiscal year 2024.
EIN: 330677510
LONG BEACH, CA
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2024
Total Revenue$2.8M
Total Expenses$2.9M
Total Assets$14.1M
Grant Records0
Filing Years2019–2024
Where $100 goes at Linc - Redondo Beach Seniors Inc
How Linc - Redondo Beach Seniors Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$99
Provide low income affordable housing to needy individuals
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
CFO
Erik Svensson
Chairman
Jeff Mindes
VICE CHAIRMAN
Mark Montoya
Secretary
Paul Nowatka
CEO
Rebecca F Clark
TREASURER
Terry Tornek
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.8M | $2.9M | $14.1M |
| 2023 | $2.6M | $2.6M | $14.5M |
| 2022 | $2.6M | $2.6M | $14.6M |
| 2020 | $2.4M | $2.4M | $7.0M |
| 2019 | $2.4M | $2.3M | $6.9M |
Between 2019 and 2024, reported annual revenue grew from $2.4M to $2.8M (+18%), with total assets most recently reported at $14.1M.
Interactive year-over-year charts and full filing details available with membership.