Overview
What is Lithuanian Catholic Religious Aid Inc?
Lithuanian Catholic Religious Aid Inc, based in Maspeth, New York, is a dedicated nonprofit organization with a single employee. Their primary mission is to support the Catholic Church and its institutions in Lithuania. This support extends to Catholic parishes, dioceses, and social welfare agencies within the country. The organization's aim is to contribute financially to various educational, religious, and social outreach projects, thereby enhancing the Catholic community in Lithuania and its diaspora. Their work is instrumental in upholding and strengthening the Catholic faith, demonstrating their commitment to the well-being of the Catholic community in Lithuania.
Official website here: www.lcraid.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lithuanian Catholic Religious Aid Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. Their score of 81% reflects strong governance practices, including a fully independent board and effective financial oversight. The organization demonstrates a commitment to transparency, as evidenced by their published conflict of interest policy and well-documented board meeting minutes.
However, there are areas for improvement. The organization lacks a whistleblower policy, which may raise concerns about accountability within its operations. Additionally, the absence of posted financial documents on their website could impact their overall transparency and accessibility of information for stakeholders.
Despite these limitations, the charity maintains a robust program expense ratio of 61.07%, suggesting that a significant portion of their funds is directed toward their mission-oriented activities. Overall, Lithuanian Catholic Religious Aid Inc exhibits commendable financial health and governance, alongside some critical areas to enhance their operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Lithuanian Catholic Religious Aid Inc legitimate?
Lithuanian Catholic Religious Aid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lithuanian Catholic Religious Aid 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: $55,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lcraid.org
What is the mission statement of Lithuanian Catholic Religious Aid Inc?
Lithuanian Catholic Religious Aid Inc, as an organization, is dedicated to supporting Catholic educational, religious, and social outreach projects both in Lithuania and its diaspora. They achieve this by providing financial aid to Catholic parishes, dioceses, and social welfare groups. Lithuanian Catholic Religious Aid Inc extends its assistance to various Catholic and non-Catholic social welfare agencies, aiming to contribute positively to their operations in Lithuania.
Official website here: www.lcraid.org
Who is the CEO of Lithuanian Catholic Religious Aid Inc?
Dr Algirdas Lukosevicius is the Chairman Of Board of Lithuanian Catholic Religious Aid Inc.
Official website here: www.lcraid.org
What is the revenue of Lithuanian Catholic Religious Aid Inc?
Lithuanian Catholic Religious Aid Inc's revenue in 2022 was $1,583,126.
Official website here: www.lcraid.org
Who are the executives of Lithuanian Catholic Religious Aid Inc and what are their salaries?
The average compensation at Lithuanian Catholic Religious Aid Inc during 2022 was $55,461. There is 1 employee and 13 volunteers at Lithuanian Catholic Religious Aid Inc.
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- Compensation: $55,461
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Official website here: www.lcraid.org
Where can I find the form 990 for Lithuanian Catholic Religious Aid Inc?
Lithuanian Catholic Religious Aid Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lcraid.org
Learn more at the official website: www.lcraid.org
Mission Statement of Lithuanian Catholic Religious Aid Inc
Lithuanian Catholic Religious Aid Inc, a dedicated organization, supports the Catholic Church and its institutions in Lithuania and the diaspora. Its mission is multifaceted, encompassing the financial assistance of Catholic parishes, dioceses, and social welfare agencies in Lithuania. The organization provides monetary aid to these entities, contributing to the realization of various educational, religious, and social outreach projects. This support extends beyond Lithuania, reaching out to Catholic communities worldwide. In essence, Lithuanian Catholic Religious Aid Inc plays a vital role in bolstering the Catholic Church's presence and initiatives, ensuring the continuity of its educational, religious, and social outreach projects.
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Impact
July, 2024
Lithuanian Catholic Religious Aid Inc's impact can be seen in its support for the Catholic Church and its institutions in Lithuania and the diaspora. The organization is devoted to assisting Catholic parishes, dioceses, and social welfare agencies in Lithuania by providing financial aid. Through their support, they contribute to the development of Catholic educational, religious, and social outreach projects, helping to strengthen the Catholic community in Lithuania and beyond. Their assistance plays a crucial role in enhancing the capacity and sustainability of these religious and social welfare organizations, ultimately making a positive impact on the communities they serve.
This information is meant to be a general summary of Lithuanian Catholic Religious Aid 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: $711,406
- Gross Receipts: $5,954,116
Assets and Liabilities:
- Total Assets: $18,805,846
- Total Liabilities: $3,868,893
- Net Assets: $14,936,953
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Organization Details
Founding Year
1960
Phone
(718) 326-5202Principal Officer
Dr Algirdas Lukosevicius
Main Address
64-25 PERRY AVENUE, MASPETH, NY, 11378
Website
www.lcraid.orgNTEE Category
Code: X22Z - Religion related
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