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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Palermo Lakes Inc.

Palermo Lakes Inc.

Fiscal year ending 2024. Filed on July 24, 2025.

1200 South Pine Island Road Ste 300
Plantation, Florida 33324

Palermo Lakes Inc. (EIN: 30-0250767), also known as Palermo Lakes Apartments, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Palermo Lakes Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 7 total employees. Among the employees shown here, the average compensation is $521,004. The highest compensated employee at Palermo Lakes Inc. is Melanie Ribeiro with fiscal year 2024 compensation of $521,004.

Revenue, expenses, and employee compensation

Revenue

$926,252

Expenses

$1,359,451

Employee compensation

$383,144
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Melanie Ribeiro
Vice President
$521,004
$0 $445,620 $75,384

Benchmark Employee Compensation

Non-Employee Board Members

John Olsen
Director
$26,541
$0 $26,541 No other comp
Lisa Davis
Director
No compensation reported
Erica Schmelzer
Treasurer
No compensation reported
Sherwood Dubose
Director
No compensation reported
Maria Cordone
Secretary
No compensation reported
Christopher Shelton
President
No compensation reported
Tony Fransetta
Director
No compensation reported

Mission Statement

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED, REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).

Revisions to this organization profile

July 24, 2025:
2024 Palermo Lakes Inc. 990 filed
September 27, 2024:
2023 Palermo Lakes Inc. 990 filed
November 6, 2023:
2022 Palermo Lakes Inc. 990 filed

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