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Operation Life Inc

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

EIN: 222362169 ✦ Wanamassa, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Operation Life Inc?

Operation Life Inc, located in Wanamassa, New Jersey, is a nonprofit organization dedicated to improving the lives of adults with developmental and multiple physical disabilities. Their primary mission is to provide a barrier-free living environment, enabling these individuals to reside in their own apartments within the community. Through their efforts, 24 clients were supported for a full year, with additional funding sourced from federal grants. By facilitating independent, healthy, and secure living arrangements, Operation Life Inc strives to empower these individuals and enrich their overall quality of life.


Official website here: www.ladacin.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Operation Life Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. With an overall score of 83%, the organization demonstrates strong governance, reflected in its 100% independent board members and comprehensive policies for conflict of interest and whistleblower protections.

The charity excels in its financial management, achieving a program expense ratio of 90.38%, which suggests that a significant portion of its expenses directly supports its mission. Additionally, the organization has no recorded material diversion of assets, ensuring that resources are properly utilized for their intended purposes. These strengths underscore Operation Life Inc's commitment to transparency and effective use of funds.

However, there are areas for improvement, particularly in the liabilities to assets ratio, which stands at 67.11%. While this figure does not immediately indicate a severe financial issue, it suggests the organization may have room for enhancement in managing its liabilities relative to its assets. Overall, the charity appears to be on a positive path, although ongoing attention to its financial ratios is advisable.


This AI summary has been generated from information found on Charity Navigator.

Is Operation Life Inc legitimate?

Operation Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation Life 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: $58,325

For more financial information, click here


Official website here: www.ladacin.org

What is the mission statement of Operation Life Inc?

Operation Life Inc's mission is centered around providing housing for individuals with physical disabilities. This organization aims to enable these individuals to live independently, healthily, and securely. By offering a barrier-free environment, Operation Life Inc allows adults with developmental and multiple physical disabilities to reside in their own apartments within the community. Through this initiative, they served 24 clients for an entire year. Additional funding for this program is sourced through federal grants.


Official website here: www.ladacin.org

Who is the CEO of Operation Life Inc?

Patricia Carlesimo is the Vice-President of Operation Life Inc.


Official website here: www.ladacin.org

What is the revenue of Operation Life Inc?

Operation Life Inc's revenue in 2022 was $481,981.


Official website here: www.ladacin.org

Who are the executives of Operation Life Inc and what are their salaries?


Here are 6 key members and their salaries:


Vincent Vivona Do Jd (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Russell Gray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephan Lowy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen F Bell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia B Carlesimo (Executive Director)
  • Compensation: $0
  • Related: $199,997
  • Other: $52,204
Crystal Pendry (Director Of Finance)
  • Compensation: $0
  • Related: $105,739
  • Other: $9,270


Official website here: www.ladacin.org

Where can I find the form 990 for Operation Life Inc?

Operation Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ladacin.org

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

Mission Statement of Operation Life Inc

Operation Life Inc, a nonprofit organization, is committed to providing housing solutions for individuals living with physical disabilities. Their mission is to enable these individuals to lead independent, healthy, and secure lives within their community. They achieve this by offering barrier-free environments, enabling adults with developmental and multiple physical disabilities to reside in their own apartments. During a year, Operation Life Inc served 26 clients, providing them with a stable living situation for 365 days. To support this program, additional funding is sourced from federal grants.

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Impact




July, 2024

Operation Life Inc has a significant impact on the lives of individuals with physical disabilities by providing them with housing that enables independence, health, and security. Through their barrier-free environment, adults with developmental and multiple physical disabilities have the opportunity to live in their own apartments within the community. With 24 clients served for 365 days during the year, Operation Life Inc is instrumental in offering a vital service to those in need. Through additional funding from federal grants, this organization is able to continue its mission of ensuring individuals with physical disabilities have a safe and supportive place to call home.




This information is meant to be a general summary of Operation Life 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
$481,981 (2022)
Expenses
$424,999 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $50
  • Program Service Revenue: $101,389
  • Gross Receipts: $481,981

Assets and Liabilities:

  • Total Assets: $626,678
  • Total Liabilities: $350,080
  • Net Assets: $276,598

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENTAL INCOME

Revenue

$99,129

LAUNDRY AND VENDING

Revenue

$2,260

Organization Details

Founding Year

1980

Principal Officer

Patricia Carlesimo

Main Address

1703 KNEELEY BOULEVARD, WANAMASSA, NJ, 07712

NTEE Category

Code: L200 - Housing

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