Lcn Title Holding Corporation NFP
Public records raise at least one point you should look into before giving.
What it says it does
LCN TITLE HOLDING CORPORATION NFP OPERATED EXCLUSIVELY FOR THE CHARITABLE PORPUSE OF HOLDING TITLE TO OR LEASHEHOLD INTEREST IN PROPERTY AND COLLECTING RESIDENTIAL AND COMMERCIAL RENTAL INCOME FROM THAT PROPERTY AND TURNING OVER THE INCOME, LESS EXPENSES TO LA CASA NORTE
- Income
- $18.5 million
- Spending
- $2.7 million
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $203,554, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- TO (I) ACQUIRE AND HOLD TITLE TO PROPERTY IN CHICAGO, ILLINOIS CURRENTLY OWNED BY LCN, (II) BORROW LOW-INTEREST RATE FUNDS AND CONTRACT FOR CONSTRUTION OF PROJECT, AND (III) LEASE THE PROJECT TO LCN FOR USE AS A HOUSING DEVELOPMENT AND COMMUNITY CENTER, INCLUDING A SUPPORTIVE HOUSING FACILITY FOR FORMERLY HOMELESS INDIVIDUALS, A COMPREHENSIVE HEALTH CLINIC, A FOOD PANTRY, A YOUTH DROP-IN CENTER AND AN EMPLOYEMENT READINESS FACILITY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(2) title-holding corporation.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2019 for not filing returns for three years, and reinstated on May 15, 2019.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(2) title-holding corporation as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.