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Love Inc Of Boone County Inc

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

EIN: 205072512 ✦ Lebanon, IN ✦ Designated as a 501(c)(3)

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Overview

What is Love Inc Of Boone County Inc?

Love Inc of Boone County Inc is a community-focused nonprofit organization situated in Lebanon, Indiana. Their primary objective is to serve as a connection hub, linking individuals with various needs to the appropriate resources within their community. This includes referring individuals to local agencies, as well as utilizing a network of 36 churches and over 1,000 volunteers who offer a wide range of services to assist those in need. Their ultimate aim is to foster relationships with families, providing them with life skills education to help them regain financial independence. In addition to their practical services, Love Inc of Boone County Inc is driven by a mission to mobilize area churches to positively impact lives and communities in the spirit of Christianity. With a team of five dedicated employees, they are committed to making a difference in their community.


Official website here: www.loveincbc.org

Is Love Inc Of Boone County Inc legitimate?

Love Inc Of Boone County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Inc Of Boone County 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: $93,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,157

For more financial information, click here


Official website here: www.loveincbc.org

What is the mission statement of Love Inc Of Boone County Inc?

Love Inc of Boone County Inc's mission is centered around mobilizing local churches to make a transformative impact in people's lives and communities, all done in the name of Christianity. They function as a resource hub, connecting individuals with needs to available resources within the community. They collaborate with various area agencies, a network of churches, and over a thousand volunteers to provide a range of services. Their ultimate goal is to establish meaningful relationships with families, offering life skills education with the aim of helping them regain financial independence.


Official website here: www.loveincbc.org

Who is the CEO of Love Inc Of Boone County Inc?

Michael Holdman is the Chairman of Love Inc Of Boone County Inc.


Official website here: www.loveincbc.org

What is the revenue of Love Inc Of Boone County Inc?

Love Inc Of Boone County Inc's revenue in 2022 was $297,330.


Official website here: www.loveincbc.org

Who are the executives of Love Inc Of Boone County Inc and what are their salaries?

The average compensation at Love Inc Of Boone County Inc during 2022 was $25,464. There are 5 employees and 60 volunteers at Love Inc Of Boone County Inc.


Here are 7 key members and their salaries:


Traci Hoffman (Co-Exec Dire)
  • Compensation: $46,581
  • Related: $0
  • Other: $0
Marcia Overfield (Co-Exec Dire)
  • Compensation: $46,581
  • Related: $0
  • Other: $0
David Bruce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Carrell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Holdman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Mcperson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernie Terhune (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.loveincbc.org

Where can I find the form 990 for Love Inc Of Boone County Inc?

Love Inc Of Boone County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.loveincbc.org

Learn more at the official website: www.loveincbc.org

Mission Statement of Love Inc Of Boone County Inc

Love Inc of Boone County Inc is committed to mobilizing local churches to transform lives and communities in the name of Christ. Their mission is to serve as a connecting point, linking individuals with needs to the resources available within their community. This is accomplished through their partnership with area agencies, a network of 36 churches, and over 1,000 volunteers who offer a variety of services to assist those in need.

The ultimate aim of Love Inc of Boone County Inc is to develop meaningful relationships with families, providing them with essential life skills. By doing so, the organization hopes to help these families regain their financial independence. In essence, Love Inc of Boone County Inc is a facilitator, bridging the gap between those seeking assistance and the resources that can help them overcome their challenges.

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Impact




October, 2024

Love Inc of Boone County Inc plays a crucial role in transforming lives and strengthening communities. By mobilizing local churches and fostering collaboration, it serves as a vital connector between individuals facing hardships and the resources they need. Through a network of 36 churches and over 1,000 dedicated volunteers, the organization offers a range of services tailored to meet the unique needs of families in Lebanon, IN.

The initiative focuses not just on immediate assistance but on developing lasting relationships with families to equip them with essential life skills. This holistic approach empowers individuals to regain financial independence and improve their overall quality of life. By addressing both urgent needs and long-term solutions, Love Inc of Boone County Inc has a significant impact on the community, leading to healthier, more resilient families and neighborhoods.




This information is meant to be a general summary of Love Inc Of Boone County 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
$297,330 (2022)
Expenses
$247,506 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $40
  • Gross Receipts: $303,077

Assets and Liabilities:

  • Total Assets: $423,103
  • Total Liabilities: $0
  • Net Assets: $423,103

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Organization Details

Founding Year

2007

Principal Officer

Michael Holdman

Main Address

PO BOX 368, LEBANON, IN, 46052

NTEE Category

Code: P20 - Human services

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