Overview
What is Lawrence Communityworks Inc?
Lawrence Communityworks Inc, based in Lawrence, Massachusetts, serves as a community development corporation. Their primary mission is to foster vibrant neighborhoods and empower residents by integrating community planning, organizing, and asset-building efforts with affordable housing and commercial development projects. This nonprofit organization focuses on weaving conversations and actions around community priorities, engaging partners and a network of youth and adult residents to propel the city forward. A significant portion of their activities revolves around managing 8 residential properties, most of which are subject to long-term affordable housing restrictions, housing a total of 230 units for families with low to moderate incomes. Additionally, they operate a commercial property in Lawrence. Their property rental program accounts for approximately 59% of their total program expenditures.
Official website here: www.lawrencecommunityworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Lawrence Communityworks Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The organization demonstrates strong fiscal management, with a high program expense ratio of 81.26% and an impressive working capital ratio of 3.19 years, ensuring sustainability and effective use of funds. The 100% independent board and robust governance policies further enhance its trustworthiness.
User feedback highlights the transformative impact LCW has on the Lawrence community, particularly in revitalizing old mill buildings into affordable housing while preserving historical value. Programs aimed at empowering youth and community members, such as MovementCity and Poder, are praised for making a positive difference in residents' lives. The organization's commitment to "Moral Ownership" resonates with supporters and reflects its dedication to community well-being.
While the financial metrics are strong, the limited user reviews suggest that more perspectives could provide a fuller picture of the organization's impact. Nonetheless, the current feedback underscores a deep appreciation for LCW's mission and effectiveness in fostering community development.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Lawrence Communityworks Inc?
96% of 26 reviewers on Facebook recommend Lawrence Communityworks Inc. Here is a summary of their reviews:
Supporters express their appreciation for the nonprofit, highlighting the positive impact it has on the community. Many reviews remark on the effective programs and the array of benefits and opportunities offered, particularly noting the additional assistance provided during tax season. This indicates that the organization is well-regarded for its dedicated service and commitment to helping individuals in need.
Overall, the sentiment reflects a strong satisfaction with the services provided by Lawrence Communityworks Inc., reinforcing its reputation as a valued resource in the community. Reviewers feel grateful for the support received and commend the efforts made by the organization to create positive change.
This AI summary has been generated from reviews found on Facebook.
Is Lawrence Communityworks Inc legitimate?
Lawrence Communityworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawrence Communityworks Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $248,171
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,489,910
For more financial information, click here
Official website here: www.lawrencecommunityworks.org
What is the mission statement of Lawrence Communityworks Inc?
Lawrence Communityworks Inc, as a community development corporation, aims to strengthen neighborhoods and empower residents by integrating community planning, organizing, and asset-building efforts with the development of affordable housing and commercial spaces. The organization facilitates conversations and encourages action on community priorities, engaging a network of youth and adult residents in opportunities to drive positive change for themselves and their city. Lawrence Communityworks Inc's mission is to create vibrant communities where residents feel empowered to contribute and thrive.
Official website here: www.lawrencecommunityworks.org
Who is the CEO of Lawrence Communityworks Inc?
Jessica Andors is the Executive Director of Lawrence Communityworks Inc.
Official website here: www.lawrencecommunityworks.org
What is the revenue of Lawrence Communityworks Inc?
Lawrence Communityworks Inc's revenue in 2022 was $5,502,284.
Official website here: www.lawrencecommunityworks.org
Who are the executives of Lawrence Communityworks Inc and what are their salaries?
The average compensation at Lawrence Communityworks Inc during 2022 was $34,226. There are 80 employees and 98 volunteers at Lawrence Communityworks Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $109,328
- Related: $0
- Other: $16,006
- Compensation: $106,600
- Related: $0
- Other: $15,898
Official website here: www.lawrencecommunityworks.org
Where can I find the form 990 for Lawrence Communityworks Inc?
Lawrence Communityworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lawrencecommunityworks.org
Learn more at the official website: www.lawrencecommunityworks.org
Mission Statement of Lawrence Communityworks Inc
Lawrence Communityworks Inc, as a community development corporation, weaves together community planning, organizing, and asset-building efforts with high-quality affordable housing and commercial development. Their mission is to create vibrant neighborhoods and empowered residents by facilitating conversations and action on community priorities. By engaging partners and a network of youth and adult residents, Lawrence Communityworks Inc provides opportunities for individuals and the city to progress collectively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Lawrence Communityworks Inc's impact lies in its ability to weave together community planning, organizing, and asset-building efforts with high-quality affordable housing and commercial development. By facilitating conversations and actions on community priorities, Lawrence Communityworks engages partners and a network of youth and adult residents, empowering them to move themselves and the city of Lawrence forward. Through its property rental program, which includes residential properties with affordability restrictions and a commercial property, Lawrence Communityworks provides housing to families of low to moderate incomes, contributing to the creation of vibrant neighborhoods and empowered residents in Lawrence, MA.
This information is meant to be a general summary of Lawrence Communityworks Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $118,726
- Program Service Revenue: $2,307,350
- Gross Receipts: $5,502,284
Assets and Liabilities:
- Total Assets: $57,985,659
- Total Liabilities: $39,358,169
- Net Assets: $18,627,490
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM AND CONTRACT R
Revenue
$1,655,686
LOW INCOME HOUSING REN
Revenue
$516,961
MANAGEMENT FEE
Revenue
$134,703
Organization Details
Founding Year
1986
Phone
(978) 685-3115Principal Officer
Jessica Andors
Main Address
168 NEWBURY STREET, LAWRENCE, MA, 01841
NTEE Category
Code: S20 - Community improvement
If you are a representative of Lawrence Communityworks Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.