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Filing year 2024

LOTUS ENDOWMENT FUND INC

Miami Beach, Florida·EIN 92-0233563·NTEE L11 · Housing & Shelter·3
Total revenue
$4.2M
Total assets
$107.4M
Total expenses
$1.9M
Reported officers
9
Mission

THE LOTUS ENDOWMENT FUND, INC. IS A 501(C)(3) SUPPORTING FOUNDATION FOR THE SUNDARI FOUNDATION, INC. AND ITS INITIATIVES, INCLUDING THE LOTUS HOUSE WOMEN'S SHELTER. THE ENDOWMENT FUND WAS FORMED TO SECURE THE FINANCIAL STABILITY AND LONG-TERM VIABILITY OF THE SUNDARI FOUNDATION, SO THE LOTUS HOUSE WILL SERVE AS A RESOURCE FOR WOMEN, CHILDREN AND YOUTH IN NEED FOR GENERATIONS TO COME. PART III, LINE 1 LOTUS ENDOWMENT FUND, INC. OWNS THE FACILITIES LOCATED AT 2040 NW 7TH AVE, MIAMI, FL 33127 AND 420 NW 35TH STREET, MIAMI, FL 33127 AND LEASES SUCH FACILITIES TO THE SUNDARI FOUNDATION, INC. PURSUANT TO A 50 YEAR LEASE AT AN ANNUAL RENT OF 1 PER YEAR. FOR 2024, THE ANNUAL RENTAL VALUE OF SUCH FACILITIES WAS APPROXIMATELY 219,000. LOTUS VILLAGE II, LLC, A WHOLLY OWNED SUBSIDIARY OF LOTUS ENDOWMENT FUND, INC., OWNS THE VACANT LAND LOCATED AT 219 NW 14TH TERRACE, MIAMI FLORIDA AND LEASES SUCH LAND TO THE SUNDARI FOUNDATION, INC. THERE IS NO RENT OR VALUE ATTRIBUTED TO SUCH LEASED LAND. IT IS P

Reported officers (all unpaid)

No paid executives reported in 2024. LOTUS ENDOWMENT FUND INC reported 9 unpaid officers and board members on its 990.

Secty, Treas
President &
Director
Director
Director
Director
VP & Directo
Director
Director
Financial trend

Revenue and expenses over time

LOTUS ENDOWMENT FUND INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.2M
$2.1M
2023
$4.2M
$1.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Florida

LOTUS ENDOWMENT FUND INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Florida earns a median of $75,600.

25th percentile
$36k
Median
$75,600
75th percentile
$111k
90th percentile
$203k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 93 organizations across 93 filings (2022 – 2023).

See full Housing & Shelter pay data for Florida
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