2026-02-20T14:22:04-05:00 2025-06-30 630781330 ALDRIDGE BORDEN & COMPANY PC 74 COMMERCE STREET MONTGOMERY AL 36104 990 2024-07-01 200379279 LINCOLN VILLAGE PRESERVATION CORPORATION LINC 2567014303 1110 MERIDIAN STREET HUNTSVILLE AL 35801 JESSICA AHRENS EXECUTIVE DIRECTOR 2567014303 2026-02-13 true true MARY R BREAZEALE P00748736 3348346640 2026-02-17 2024 2025-03-06 01:10:19Z HEATHER TEMPLET 1110 MERIDIAN STREET HUNTSVILLE AL 35801 3555220 false X HTTPS://WWW.LINCOLNVILLAGE.ORG X 2003 AL TO PROVIDE AFFORDABLE HOUSING AND EDUCATION TO RESIDENTS OF LINCOLN VILLAGE 10 10 58 479 0 4452741 2930406 219349 251271 283882 336222 21957 37321 4977929 3555220 0 0 1575986 1794438 3910 198135 795616 916943 2371602 2715291 2606327 839929 13069152 13825734 896042 812695 12173110 13013039 THE CORPORATION'S PRIMARY MISSION IS TO PROVIDE AFFORDABLE HOUSING AND EDUCATION AND TO OFFER COMFORT, ASSISTANCE, AND ENCOURAGEMENT TO LOW-INCOME RESIDENTS IN THE LINCOLN MILL VILLAGE AREA LOCATED IN HUNTSVILLE, ALABAMA. false false 1572131 193077 LINCOLN VILLAGE PRESERVATION CORPORATION OWNS RENTAL HOUSING UNITS THAT HAVE BEEN REFURBISHED WITH THE HELP OF VOLUNTEER LABOR AND ARE LEASED AT BELOW MARKET RATES FOR THE BENEFIT OF THE RESIDENTS OF LINCOLN MILL VILLAGE. 925353 58194 IN 2012, THE CORPORATION PURCHASED A FAILED TITLE I PUBLIC ELEMENTARY SCHOOL BUILDING IN THE LINCOLN MILL VILLAGE AREA AND ESTABLISHED AN EDUCATIONAL ACADEMY WITH MINIMAL TUITION FOR THE BENEFIT OF ELEMENTARY STUDENTS ORIGINALLY ZONED FOR THAT SCHOOL. THE SCHOOL SERVED 31 STUDENTS IN PK3-PK4 AND 86 STUDENTS IN GRADES K-8. 2497484 true true false false false false false false false false true false false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 10 0 true 58 true false false false false false false false false X 10 10 false false false false false false false true true false false true false false false false false false X CAROL BRITTAIN 2567014303 1110 MERIDIAN STREET HUNTSVILLE AL 35801 HEATHER TEMPLET PRESIDENT 4.00 X X 0 0 0 SCOTT BENCE VICE PRES/TR 4.00 X X 0 0 0 KYLE FINLAY DIRECTOR 2.00 X 0 0 0 WARNE HEATH DIRECTOR 2.00 X 0 0 0 STEVE HILL DIRECTOR 2.00 X 0 0 0 CHRIS LOVE DIRECTOR 2.00 X 0 0 0 RICA MCROY DIRECTOR 2.00 X 0 0 0 MARK STEARNS DIRECTOR 40.00 X 109730 0 0 JAY WILSON DIRECTOR 2.00 X 0 0 0 SAM YEAGER DIRECTOR 2.00 X 0 0 0 JESSICA AHRENS EXECUTIVE DI 40.00 X 52167 0 0 161897 1 false false false 2930406 20796 2930406 RESIDENTIAL RENT INCOME 531110 193077 193077 ACADEMY TUITION 611110 30035 30035 PRESCHOOL TUITION 611110 21297 21297 LEARNING LAB TUITION 611110 3892 3892 SUMMER CAMP TUITION 611110 2970 2970 251271 336222 336222 FACILITIES RENTAL INCOME 531120 37321 37321 37321 3555220 251271 373543 174040 157874 16166 1429116 1300322 128794 123662 115620 8042 67620 67620 1600 1600 11886 11886 3910 3910 1730 1730 24932 24932 30697 30697 117272 117272 6186 6186 276803 276803 81092 81092 REPAIRS AND MAINTENANCE 81938 81938 GRANT EXPENSES 60684 60684 FOOD AND BEVERAGES 51283 51283 SECURITY 27476 27476 143364 102141 41223 2715291 2497484 19672 198135 558097 62444 2737494 1483294 9077260 1327540 6612879 7749720 3140202 4453286 20480 76990 13069152 13825734 21266 23914 874776 788781 896042 812695 X 10613897 11817505 1559213 1195534 12173110 13013039 13069152 13825734 839929 X false true X false false X 2688902 3912842 3922718 4452741 2930406 17907609 121892 59249 182211 219502 251271 834125 37321 37321 2810794 3972091 4104929 4672243 3218998 18779055 18779055 92317 -49107 213339 283882 336222 876653 92317 -49107 213339 283882 336222 876653 2903111 3922984 4318268 4956125 3555220 19655708 0.95540 0.96990 0.04000 0.03000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 568035 568035 8395935 1249841 7146094 45071 21218 23853 68219 56481 11738 7749720 DEFERRED REVENUE 588823 UNEARNED REVENUE 141388 LEASE LIABILITY LONG TERM 30880 LEASE LIABILITY CURRENT 14620 TENANT SECURITY DEPOSITS 13070 788781 3555220 3555220 3555220 2715291 2715291 2715291 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 SEE PART II SCHEDULE E LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY: STUDENTS ATTENDING LINCOLN ACADEMY ARE ORIGINALLY ZONED FOR THE FORMER LINCOLN ELEMENTARY PUBLIC SCHOOL, WHERE THE COMMUNITY PRIMARILY CONSISTS OF MINORITIES. THE WEBSITE (HTTPS://WWW.LINCOLNVILLAGE.ORG/LINCOLNACADEMY) STATES THAT THE ACADEMY PROVIDES EDUCATION TO STUDENTS WHO ARE ZONED FOR PUBLIC TITLE I SCHOOLS. THE ACADEMY DOES NO ADVERTISING BUT DOES ISSUE TO INTERESTED FAMILIES A PAMPHLET STATING IT DOES NOT RACIALLY DISCRIMINATE. FORM 990, PAGE 6, PART VI, LINE 11B AT LEAST TWO MEMBERS OF THE GOVERNING BODY REVIEW THE FORM 990 BEFORE IT IS FILED. THE FORM IS PROVIDED FOR REVIEW TO THE REMAINING DIRECTORS AND OFFICERS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST VIA EMAIL OR HARD COPIES.