Overview
What is Lakeridge Village Inc?
Lakeridge Village Inc is a nonprofit organization situated in Detroit, Michigan, primarily focused on offering recovery services to individuals referred by the Detroit Wayne Community Mental Health Authority. In addition to their therapeutic endeavors, they also engage in a biweekly partnership with Forgotten Harvest to provide essential resources, such as food, to those experiencing food insecurity, homelessness, and hunger. Unfortunately, their programs are not accessible to the general public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 45% (Zero-Star out of Four Star rating)
Lakeridge Village Inc has received a low rating of 45% from Charity Navigator, which reflects significant concerns regarding its accountability and financial practices. The charity's score is entirely based on its Accountability & Finance metrics, which indicate a lack of independent board members and missing critical financial documentation, such as financial statements and its tax form on the website.
While the organization demonstrates a high program expense ratio of 85.61%, suggesting that a substantial portion of its funds is directed toward its programs, the absence of independent oversight and key financial disclosure raises serious questions about its governance. Additionally, although there are policies in place for whistleblowing and document retention, the missing elements significantly overshadow these strengths.
Overall, the lack of transparency and independent board members reflect poorly on Lakeridge Village Inc’s operational integrity, which potential donors and stakeholders should carefully consider before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeridge Village Inc legitimate?
Lakeridge Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeridge Village 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 Lakeridge Village Inc?
Lakeridge Village Inc is committed to providing recovery services for consumers referred by the Detroit Wayne Community Mental Health Authority. Apart from its recovery programs, the organization also demonstrates a compassionate side by collaborating with Forgotten Harvest to offer food assistance biweekly to those in need, including the hungry and homeless. By doing so, Lakeridge Village Inc aims to contribute positively to its community, offering not just mental health recovery services but also essential support for those facing food insecurity.
Who is the CEO of Lakeridge Village Inc?
Unavailable
What is the revenue of Lakeridge Village Inc?
Lakeridge Village Inc's revenue in 2022 was $1,216,502.
Who are the executives of Lakeridge Village Inc and what are their salaries?
There 65 volunteers at Lakeridge Village Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lakeridge Village Inc?
Lakeridge Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lakeridge Village Inc
Lakeridge Village Inc, a nonprofit organization, is dedicated to providing recovery services for individuals who have been referred by the Detroit Wayne Community Mental Health Authority. In addition to their recovery programs, Lakeridge Village demonstrates a profound sense of compassion and community outreach by partnering with Forgotten Harvest to address food insecurity. This partnership allows Lakeridge Village to organize biweekly food distribution events, serving the needs of the hungry, needy, and homeless in their community. By offering both mental health recovery services and food assistance, Lakeridge Village demonstrates a holistic approach to supporting individuals in need. Their programs are not accessible to the general public, as they primarily serve those referred by the Detroit Wayne Community Mental Health Authority.
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Impact
October, 2024
Lakeridge Village Inc plays a crucial role in supporting mental health recovery and addressing food insecurity in the Detroit area. By providing recovery services to consumers referred by the Detroit Wayne Community Mental Health Authority, the organization helps individuals facing mental health challenges regain stability and improve their quality of life. This targeted support is vital for fostering resilience and empowerment among those in need.
In addition to its recovery services, Lakeridge Village has partnered with Forgotten Harvest to deliver essential food assistance to the hungry and homeless on a biweekly basis. This program not only alleviates immediate hunger but also contributes to the overall well-being of individuals and families in challenging circumstances. Through these initiatives, Lakeridge Village Inc significantly impacts the community by providing essential support services that enhance mental health recovery and ensure access to nutritious food.
This information is meant to be a general summary of Lakeridge Village 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.
- Gross Receipts: $1,216,502
Assets and Liabilities:
- Total Assets: $207,518
- Total Liabilities: $200,311
- Net Assets: $7,207
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Organization Details
Founding Year
2006
Main Address
15941 FAIRFIELD, Detroit, MI, 48238
NTEE Category
Code: P28 - Human services
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