Overview
What is Living Resources Corporation?
Living Resources Corporation is a nonprofit organization established in Schenectady, New York, in 1974 with a vision to help individuals with developmental disabilities and acquired brain injuries live productive and capable lives within their communities. Today, over 1200 people benefit from the organization's services, which include creating a safe and secure environment that encourages personal growth. Living Resources' mission is to empower individuals and assist them in achieving their personal goals.
Official website here: www.livingresources.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87% (Three-Star out of Four Star rating)
Living Resources Corporation has received a solid Three-Star rating from Charity Navigator, primarily based on its accountability and finance practices. The organization excels in areas such as having a fully independent board, maintaining strong financial oversight, and ensuring transparency with its financial documents and policies. The high scores in these categories highlight the nonprofit's commitment to ethical governance and financial integrity.
The nonprofit has shown commendable performance in its program expense ratio, indicating that a significant portion of its resources is directed towards its mission-driven activities. This focus on programmatic spending is a strong point for Living Resources Corporation, as it reflects a dedication to effective service delivery and community impact. However, its liabilities to assets ratio suggests a moderate level of financial leverage, which could be a consideration for long-term financial stability.
Overall, Living Resources Corporation demonstrates a strong commitment to accountability and transparency, making it a trustworthy organization in the nonprofit sector. While the liability ratio indicates some financial caution, the robust independent governance and effective use of funds position the organization positively among its peers.
This AI summary has been generated from information found on Charity Navigator.
Is Living Resources Corporation legitimate?
Living Resources Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Resources Corporation 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: $436,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,179,803
For more financial information, click here
Official website here: www.livingresources.org
What is the mission statement of Living Resources Corporation?
Living Resources Corporation is dedicated to serving individuals with developmental disabilities and helping them achieve their full potential. Founded in 1974, the organization has grown to provide support to over 1200 people, enabling them to live productive and capable lives as valued members of their communities. The mission of Living Resources is to offer opportunities for growth in a secure environment, empowering each individual to meet and surpass their personal goals.
Official website here: www.livingresources.org
Who is the CEO of Living Resources Corporation?
Elizabeth Martin is the CEO of Living Resources Corporation The CEO's salary of Living Resources Corporation is $227,326 and their total compensation is $252,440.
Official website here: www.livingresources.org
What is the revenue of Living Resources Corporation?
Living Resources Corporation's revenue in 2023 was $51,597,210.
Official website here: www.livingresources.org
Who are the executives of Living Resources Corporation and what are their salaries?
The average compensation at Living Resources Corporation during 2023 was $29,283. There are 1148 employees at Living Resources Corporation.
Here are 23 key members and their salaries (Living Resources Corporation's CEO's salary is $227,326 and their total compensation is $252,440):
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- Compensation: $227,326
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- Compensation: $117,322
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- Other: $23,731
Official website here: www.livingresources.org
Where can I find the form 990 for Living Resources Corporation?
Living Resources Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.livingresources.org
Learn more at the official website: www.livingresources.org
Mission Statement of Living Resources Corporation
Living Resources Corporation, a mission-driven organization, has dedicated itself to serving individuals with developmental disabilities since its inception in 1974. With a vision to enable people with developmental disabilities to live life as productive and capable members of their communities, Living Resources has grown to support over 1,200 individuals in their journey towards personal growth.
Beginning in Schenectady, this nonprofit organization has been fueled by a dream to create opportunities for individuals with developmental disabilities to thrive in a safe and secure environment. Living Resources is committed to helping each person meet and exceed their personal goals, fostering their potential to live fulfilling lives.
Living Resources' mission goes beyond just providing services. It is about empowering individuals and enabling them to live life to the fullest. By offering a nurturing and supportive atmosphere, this organization enables its clients to grow and develop, breaking down barriers and opening doors to new opportunities. Through its unwavering dedication, Living Resources continues to make a difference in the lives of those it serves, one person at a time.
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Impact
October, 2024
Living Resources Corporation has a profound impact on the lives of individuals with developmental disabilities and acquired brain injuries. Since its inception in 1974 with a single home in Schenectady, the organization has expanded to serve over 1,200 people, fostering a sense of community and belonging. The agency focuses on creating growth opportunities within a secure environment, empowering participants to become productive and capable members of society.
By providing tailored support and services, Living Resources enables individuals to achieve their personal goals, enhancing their quality of life and fostering independence. This dedication not only benefits the individuals directly served but also enriches the broader community by promoting inclusivity and understanding of the capabilities of people with disabilities. The organization's commitment transforms lives, enabling individuals to thrive and contribute meaningfully to society.
This information is meant to be a general summary of Living Resources Corporation. 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.
- Investment Income: $165,584
- Program Service Revenue: $49,907,229
- Gross Receipts: $51,649,045
Assets and Liabilities:
- Total Assets: $26,610,589
- Total Liabilities: $16,647,559
- Net Assets: $9,963,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID- IRA
Revenue
$28,118,660
DAY HABILITATION
Revenue
$12,072,742
SSI AND SSA FEES
Revenue
$2,894,915
PARTICIPANT FEES
Revenue
$1,605,382
EMPLOYEMENT PROGRAMS
Revenue
$1,067,884
Organization Details
Founding Year
1974
Principal Officer
Elizabeth Martin
Website
www.livingresources.orgNTEE Category
Code: P73Z - Human services
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