Overview
What is Love Columbia Corporation Love Columbia?
Love Columbia Corporation, also known as Love Columbia, is a nonprofit organization situated in Columbia, Missouri, specifically at 1209 East Walnut. Their primary mission is to extend assistance to individuals in need, often those emerging from incarceration, eviction, or abusive living situations. They accomplish this by providing free used furniture, clothing, and household items. Additionally, Love Columbia operates a resale store, which serves as an employment opportunity for disadvantaged individuals and generates income for other Love Columbia programs. Their fundamental belief is in connecting the community's resources and relationships to help people overcome their challenges and move forward with love.
Official website here: www.lovecolumbia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Love Columbia Corporation has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a solid 95% score in these areas, demonstrating effective financial management and transparency. Furthermore, the majority of the board members are independent, which enhances governance and oversight.
The organization excels in feedback and community engagement, with a perfect score in constituent feedback, collection, and usage. This emphasizes their commitment to understanding and addressing the needs of the community they serve. Additionally, their program expense ratio of 73.29% indicates that a substantial portion of their funding goes directly to programs, making them efficient in utilizing resources for their mission.
However, while Love Columbia shows strengths in many areas, there are some limitations noted in their equity strategies and data. With scores of 87 out of 100 for equity strategies and a total of 4 out of 7 for equity data and policies, there is room for improvement in fostering inclusive practices. Overall, Love Columbia Corporation demonstrates strong organizational health and community focus, though they may benefit from enhancing their equity initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Love Columbia Corporation Love Columbia legitimate?
Love Columbia Corporation Love Columbia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Columbia Corporation Love Columbia 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: $2,400
Other Salaries and Wages: $1,524,659
For more financial information, click here
Official website here: www.lovecolumbia.org
What is the mission statement of Love Columbia Corporation Love Columbia?
Love Columbia Corporation, through its mission, aims to establish connections between community resources and individuals in need, with a focus on fostering love and support. This is achieved by providing free used furniture, clothing, and household items to people who are often facing challenges such as incarceration, eviction, or abuse. Additionally, the organization operates a resale store, offering employment opportunities to disadvantaged individuals and generating income for other Love Columbia programs.
Official website here: www.lovecolumbia.org
Who is the CEO of Love Columbia Corporation Love Columbia?
Carson Coffman is the Treasurer of Love Columbia Corporation Love Columbia.
Official website here: www.lovecolumbia.org
What is the revenue of Love Columbia Corporation Love Columbia?
Love Columbia Corporation Love Columbia's revenue in 2022 was $4,442,848.
Official website here: www.lovecolumbia.org
Who are the executives of Love Columbia Corporation Love Columbia and what are their salaries?
The average compensation at Love Columbia Corporation Love Columbia during 2022 was $17,326. There are 88 employees and 400 volunteers at Love Columbia Corporation Love Columbia.
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Official website here: www.lovecolumbia.org
Where can I find the form 990 for Love Columbia Corporation Love Columbia?
Love Columbia Corporation Love Columbia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lovecolumbia.org
Learn more at the official website: www.lovecolumbia.org
Mission Statement of Love Columbia Corporation Love Columbia
Love Columbia Corporation Love Columbia, as a nonprofit organization, is dedicated to bridging community connections and resources to propel individuals forward with love. Their mission, in essence, is to establish a network of community relationships and resources, channeling them towards supporting and uplifting individuals in need.
At the heart of Love Columbia Corporation Love Columbia's operations is The Love Seat, a program that provides free-of-charge furniture, clothing, and household items to those in distress. Many of these recipients are recently released from incarceration, have faced eviction, or are seeking refuge from abusive situations. Alongside this, The Love Seat operates a resale store, which not only offers employment opportunities for disadvantaged individuals but also generates income to support other Love Columbia programs.
In summary, Love Columbia Corporation Love Columbia is a compassionate nonprofit, committed to connecting resources and community connections to empower people in challenging circumstances. Through initiatives like The Love Seat, they provide essential items and employment opportunities, ultimately working to love people forward in their journey towards a better life.
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Impact
October, 2024
Love Columbia Corporation significantly impacts the Columbia, MO community by addressing the immediate needs of individuals facing hardships. Their primary initiative, The Love Seat, provides essential items such as used furniture, clothing, and household goods at no cost to those in need. This service particularly benefits individuals who have recently faced significant challenges, such as incarceration, eviction, or domestic abuse.
Additionally, The Love Seat operates a resale store that not only generates income to support other Love Columbia programs but also creates job opportunities for disadvantaged individuals. This dual approach helps uplift the community by providing both tangible resources and pathways to employment. By connecting community relationships and resources, Love Columbia plays a vital role in fostering resilience and hope for those it serves, ultimately promoting a more compassionate and supportive environment.
This information is meant to be a general summary of Love Columbia Corporation Love Columbia. 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.
- Investment Income: $7,629
- Program Service Revenue: $698,231
- Gross Receipts: $4,597,607
Assets and Liabilities:
- Total Assets: $7,420,768
- Total Liabilities: $666,497
- Net Assets: $6,754,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Love Seat Resale Store
Revenue
$698,231
Organization Details
Founding Year
2006
Phone
(573) 256-7662Principal Officer
Carson Coffman
Main Address
1209 East Walnut, Columbia, MO, 65201
Website
www.lovecolumbia.orgNTEE Category
Code: P20 - Human services
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