Overview
What is The Lesc Foundation Inc?
The Lesc Foundation Inc, headquartered at 80 Maiden Lane 305, New York, NY 10038, is a dedicated nonprofit organization. Its primary mission is to support innovative programs that cater to individuals and families affected by substance abuse, HIV/AIDS, and mental illness. To accomplish this, they operate an Angel Street Thrift Shop, where proceeds are used as a funding source. Additionally, The Lesc Foundation provides employment and training opportunities for clients involved in substance abuse and mental health treatment programs. Furthermore, it extends its support to other not-for-profit organizations located on the Lower East Side of Manhattan that offer substance abuse and mental health treatment programs.
Official website here: www.angelstreetthrift.org
Is The Lesc Foundation Inc legitimate?
The Lesc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lesc 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
Official website here: www.angelstreetthrift.org
What is the mission statement of The Lesc Foundation Inc?
The Lesc Foundation Inc's mission is centered around supporting not-for-profit organizations that offer substance abuse and mental health treatment programs. The foundation was established with the objective of raising funds and selling goods to benefit innovative initiatives aimed at assisting individuals and families impacted by substance abuse, HIV/AIDS, and mental illness. The revenue generated from the organization's thrift shop is utilized to support these programs. Furthermore, the thrift shop also offers employment and training opportunities for individuals involved in substance abuse and mental health treatment programs.
Official website here: www.angelstreetthrift.org
Who is the CEO of The Lesc Foundation Inc?
Valerie Walters is the CEO of The Lesc Foundation Inc The CEO's salary of The Lesc Foundation Inc is $0 and their total compensation is $352,048.
Official website here: www.angelstreetthrift.org
What is the revenue of The Lesc Foundation Inc?
The Lesc Foundation Inc's revenue in 2023 was $17,007.
Official website here: www.angelstreetthrift.org
Who are the executives of The Lesc Foundation Inc and what are their salaries?
There 2 volunteers at The Lesc Foundation Inc.
Here are 2 key members and their salaries (The Lesc Foundation Inc's CEO's salary is $0 and their total compensation is $352,048):
- Compensation: $0
- Related: $304,133
- Other: $47,915
- Compensation: $0
- Related: $153,088
- Other: $52,659
Official website here: www.angelstreetthrift.org
Where can I find the form 990 for The Lesc Foundation Inc?
The Lesc Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.angelstreetthrift.org
Learn more at the official website: www.angelstreetthrift.org
Mission Statement of The Lesc Foundation Inc
The Lesc Foundation Inc, established with a mission to benefit, is dedicated to supporting not-for-profit organizations located in the Lower East Side of Manhattan. Its primary focus is on programs that provide substance abuse and mental health treatment for individuals and families in need. This organization was created with the purpose of selling goods and fundraising to bolster innovative programs aimed at assisting those affected by substance abuse, HIV/AIDS, and mental illness.
The Lesc Foundation Inc's thrift shop serves as a crucial fundraising tool, with the proceeds directly benefiting the aforementioned programs. This initiative not only provides financial support but also offers employment and training opportunities to clients involved in substance abuse and mental health treatment programs. By doing so, the foundation contributes to the holistic rehabilitation of its clients, empowering them to overcome their challenges and rebuild their lives.
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Impact
October, 2024
The Lesc Foundation Inc has a significant impact on the Lower East Side of Manhattan by supporting not-for-profit organizations that provide crucial substance abuse and mental health treatment programs. Through its thrift shop, the foundation generates proceeds that fund innovative initiatives aimed at helping individuals and families affected by substance abuse, HIV/AIDS, and mental illness.
In addition to financial support, The Lesc Foundation also creates opportunities for employment and training for clients who are engaged in treatment programs. This dual approach not only addresses immediate needs but also fosters long-term recovery and empowerment, ultimately contributing to the well-being of the community. By linking social services with job training, the foundation plays a pivotal role in improving the quality of life for vulnerable populations in New York.
This information is meant to be a general summary of The Lesc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $21,507
Assets and Liabilities:
- Total Assets: $31,262
- Total Liabilities: $0
- Net Assets: $31,262
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Organization Details
Founding Year
1997
Principal Officer
Valerie Walters
Website
www.angelstreetthrift.orgNTEE Category
Code: P29 - Human services
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