Lh Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133330145 ✦ Lincolndale, NY ✦ Designated as a 501(c)(3)

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Overview

What is Lh Foundation Inc?

Lh Foundation Inc, located in Lincolndale, New York, is a nonprofit organization primarily focused on managing investment funds. Their mission extends beyond finance, as they also support childcare-related charitable organizations and corporations. This support is twofold, encompassing both capital needs and operational expenses. The organization's activities contribute to the betterment of childcare facilities and related charities, furthering their positive impact on communities.

Is Lh Foundation Inc legitimate?

Lh Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lh Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lh Foundation Inc?

The Lh Foundation Inc's mission is centered around managing investment funds and providing support to charitable organizations or corporations that focus on childcare. In line with this mission, the foundation contributes to the capital and operational needs of Lincoln Hall, a related 501(C)(3) organization. Essentially, the Lh Foundation Inc plays a role in both financial management and philanthropy, focusing on childcare-related charities.

What is the revenue of Lh Foundation Inc?

Lh Foundation Inc's revenue in 2023 was $407,745.

Who are the executives of Lh Foundation Inc and what are their salaries?

There 14 volunteers at Lh Foundation Inc.

Here are 14 key members and their salaries:


Elizabeth Mirra (Controller)
  • Compensation: $0
  • Related: $96,458
  • Other: $12,536
Paul Meissner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchel Simpler (Chairman (Thru 12/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
James L Garrity Jr Esq (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Todd Sullivan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward G Angelini (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane M Bigelow (Chair (Eff. 1/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Corcoran (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Mccarthy Jr Esq (Manager (Thru 12/31/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudio Ochoa (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Prohaszka (Manager (Thru 12/31/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Ruggieri (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Msgr Kevin Sullivan (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heike Vogel (Manager (Thru 12/31/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lh Foundation Inc?

Lh Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lh Foundation Inc

Lh Foundation Inc, as per its mission, is dedicated to managing investment funds and providing support to charitable organizations or corporations that are focused on childcare. This nonprofit organization contributes capital and operational needs to Lincoln Hall, a related 501(c)(3) organization, furthering its mission. By doing so, Lh Foundation Inc plays a significant role in the childcare sector, potentially contributing to the betterment of early childhood development and care services.

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Impact




October, 2024

Lh Foundation Inc has a significant impact in the realm of childcare by managing investment funds dedicated to supporting organizations that focus on childcare-related initiatives. The foundation provides grants to Lincoln Hall, a related organization, ensuring that both capital and operating needs are met. This support not only enhances the capacity of Lincoln Hall to serve children in need but also contributes to the broader effort of improving childcare services and resources in the community. By prioritizing investment and financial support, Lh Foundation Inc plays a crucial role in fostering safe and nurturing environments for children.




This information is meant to be a general summary of Lh Foundation 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.

Revenue
$407,745 (2023)
Expenses
$715,193 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $391,311
  • Gross Receipts: $448,225

Assets and Liabilities:

  • Total Assets: $26,369,102
  • Total Liabilities: $17,789
  • Net Assets: $26,351,313

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Organization Details

Founding Year

1985

Principal Officer

Paul Meissner

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