Overview
What is Lawrence & Lamphear Corporation C/O The Arc?
Lawrence & Lamphear Corporation, in association with The Arc, Oneida-Lewis Chapter NYSARC, is a nonprofit organization situated at 245 Geneseo Street, Utica, New York 13501. Their primary mission is to provide rental real estate for individuals with disabilities, ensuring they have suitable living spaces. The corporation holds title to properties leased to its affiliate for this purpose, contributing to the well-being and independence of those in need.
Official website here: www.thearcolc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Lawrence & Lamphear Corporation C/O The Arc has demonstrated exceptional accountability and financial health, achieving a 97% score, which qualifies it for a Four-Star rating. This rating is particularly significant as it reflects the organization's strong commitment to transparency and responsible financial stewardship, with all evaluative criteria being met at the highest levels.
The organization boasts a fully independent board, with 16 members contributing to a governance structure that is free from conflicts of interest. Additionally, it has implemented robust policies regarding whistleblower protections, document retention, and board meeting documentation, all of which enhance its credibility and operational integrity.
Despite its strengths, the organization’s analysis is primarily based on financial metrics, and while these are crucial, potential donors may also want to consider qualitative aspects of its programs and community impact. Nonetheless, the organization's impeccable program expense ratio of 100% indicates that funds are directed effectively towards its mission, further reinforcing its status as a trusted nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Lawrence & Lamphear Corporation C/O The Arc legitimate?
Lawrence & Lamphear Corporation C/O The Arc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawrence & Lamphear Corporation C/O The Arc 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: $14,956
For more financial information, click here
Official website here: www.thearcolc.org
What is the mission statement of Lawrence & Lamphear Corporation C/O The Arc?
Lawrence & Lamphear Corporation, operating under The Arc, has a mission to provide rental real estate for individuals with disabilities. Their purpose is encapsulated in the mission statement, which aims to serve this specific community by holding title to properties that are leased to their affiliated chapter, The Arc, Oneida-Lewis Chapter NYSARC. This not-for-profit corporation's objective is to contribute to the living needs of disabled individuals, thereby enhancing their quality of life.
Official website here: www.thearcolc.org
What is the revenue of Lawrence & Lamphear Corporation C/O The Arc?
Lawrence & Lamphear Corporation C/O The Arc's revenue in 2023 was $57,782.
Official website here: www.thearcolc.org
Who are the executives of Lawrence & Lamphear Corporation C/O The Arc and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.thearcolc.org
Where can I find the form 990 for Lawrence & Lamphear Corporation C/O The Arc?
Lawrence & Lamphear Corporation C/O The Arc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thearcolc.org
Learn more at the official website: www.thearcolc.org
Mission Statement of Lawrence & Lamphear Corporation C/O The Arc
Lawrence & Lamphear Corporation, an affiliate of The Arc, Oneida-Lewis Chapter NYSARC, is committed to a noble mission. This not-for-profit corporation is primarily dedicated to providing rental real estate for individuals with disabilities. By holding title to properties leased to The Arc, Lawrence & Lamphear Corporation plays a significant role in ensuring that disabled individuals have access to suitable living spaces. This mission is essential in promoting independence, inclusivity, and equal opportunities for people with disabilities, enabling them to lead fulfilling lives.
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Impact
October, 2024
Lawrence & Lamphear Corporation C/O The Arc plays a crucial role in providing accessible rental real estate for individuals with disabilities. By owning and managing properties specifically designated for this purpose, the corporation ensures that people with disabilities have suitable housing options that meet their unique needs. This commitment enhances the quality of life for residents, offering them a supportive and inclusive living environment.
In collaboration with The Arc, Oneida-Lewis Chapter NYSARC, the organization helps foster independence and community integration for individuals with disabilities. By facilitating access to safe and affordable housing, Lawrence & Lamphear Corporation significantly contributes to the overall well-being and empowerment of its residents, enabling them to thrive in a supportive community. The impact of their work extends beyond just housing; it promotes dignity, social inclusion, and the opportunity for individuals to lead fulfilling lives.
This information is meant to be a general summary of Lawrence & Lamphear Corporation C/O The Arc. 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: $302
- Program Service Revenue: $57,480
- Gross Receipts: $57,782
Assets and Liabilities:
- Total Assets: $90,341
- Total Liabilities: $9,849
- Net Assets: $80,492
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$57,480
Organization Details
Founding Year
1981
Principal Officer
Leland Mccormac Iii
Website
www.thearcolc.orgNTEE Category
Code: P82Z - Human services
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