Overview
What is Laurel House Inc?
Laurel House Inc is a nonprofit organization situated in Stamford, Connecticut, with a focus on providing psychosocial rehabilitation, supportive housing, and employment placement and educational support programs for those struggling with severe mental illness. Their mission is to empower individuals by offering comprehensive services that aim to improve their overall well-being and help them integrate into society. With a dedicated workforce of 36 employees, Laurel House Inc strives to create a supportive environment that fosters personal growth and fosters self-sufficiency.
Official website here: www.laurelhouse.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Laurel House Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization performs well in areas such as having a majority of independent board members and a complete conflict of interest policy, it falls short in critical areas like whistleblower and document retention policies, which are essential for transparency and ethical governance.
The organization has a strong program expense ratio of 82.30%, suggesting that a substantial portion of its budget is directed towards its programs. However, the liabilities to assets ratio of 81.54% raises red flags about financial stability and long-term sustainability. The absence of the nonprofit's tax form on its website also detracts from its accountability, potentially limiting public access to important financial information.
Overall, while Laurel House Inc demonstrates some strong governance practices, the lack of vital policies and the high liabilities relative to its assets suggest that potential donors and supporters should exercise caution and seek further clarification regarding its financial health and transparency efforts.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Laurel House Inc?
With only three reviews available on Facebook, Laurel House Inc hasn't yet received an overall rating. One user, however, expressed a lack of support for the organization, indicating that they do not recommend it. The low number of reviews makes it challenging to draw broader conclusions about the nonprofit's effectiveness or impact.
It appears that engagement in fundraising events like FCC Gives is a part of their outreach efforts, suggesting that the organization is active in seeking support. However, the sentiment from the limited feedback indicates some dissatisfaction or concerns that may need addressing.
Overall, while the commitment to fundraising is evident, the nonprofit has yet to establish a positive reputation among its early reviewers. More comprehensive feedback from a larger number of participants would provide a clearer picture of the community's perception of Laurel House Inc.
This AI summary has been generated from reviews found on Facebook.
Is Laurel House Inc legitimate?
Laurel House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel House 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: $297,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,022,717
For more financial information, click here
Official website here: www.laurelhouse.net
What is the mission statement of Laurel House Inc?
Laurel House Inc is committed to providing psychosocial rehabilitation, supportive housing, and employment placement programs for individuals suffering from severe mental illness. The organization's mission is centered around these specific areas, aiming to facilitate their recovery and integration into society. The psychosocial rehabilitation programs focus on addressing the emotional, social, and cognitive aspects of mental illness, while supportive housing programs offer a safe and stable living environment. Occupational placement programs aim to help individuals secure meaningful employment, and educational support services are also provided to ensure the continuous growth and development of those under their care.
Official website here: www.laurelhouse.net
Who is the CEO of Laurel House Inc?
Thomas Cooke is the Pres. & Ceo/Director of Laurel House Inc. The CEO's salary of Laurel House Inc is $216,300 and their total compensation is $216,300.
Official website here: www.laurelhouse.net
What is the revenue of Laurel House Inc?
Laurel House Inc's revenue in 2022 was $2,377,839.
Official website here: www.laurelhouse.net
Who are the executives of Laurel House Inc and what are their salaries?
The average compensation at Laurel House Inc during 2022 was $36,659. There are 36 employees at Laurel House Inc.
Here are 11 key members and their salaries (Laurel House Inc's CEO's salary is $216,300 and their total compensation is $216,300):
- Compensation: $216,300
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $122,000
- Related: $0
- Other: $0
- Compensation: $138,020
- Related: $0
- Other: $0
Official website here: www.laurelhouse.net
Where can I find the form 990 for Laurel House Inc?
Laurel House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laurelhouse.net
Learn more at the official website: www.laurelhouse.net
Mission Statement of Laurel House Inc
Laurel House Inc is a nonprofit organization dedicated to providing psychosocial rehabilitation, supportive housing, and employment placement and educational support programs, specifically tailored for individuals struggling with severe mental illness. Their mission lies in offering psychosocial rehabilitation and supportive housing services, as well as occupational placement programs, with the aim of helping those in need to regain their independence and lead fulfilling lives. By providing these comprehensive services, Laurel House Inc seeks to empower individuals with severe mental illness, offering them the resources and support necessary to overcome their challenges and build a brighter future.
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Impact
June, 2024
Laurel House Inc has a significant impact on the community by providing psychosocial rehabilitation, supportive housing, and employment placement and educational support programs for individuals with severe mental illness in Stamford, CT. These programs play a crucial role in helping individuals with mental health challenges to regain their independence, access necessary support services, and reintegrate into society. Laurel House Inc's commitment to mental health services enhances the well-being and quality of life for those it serves, ultimately contributing to a more inclusive and supportive community for individuals with severe mental illness.
This information is meant to be a general summary of Laurel House 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.
- Investment Income: $511,842
- Gross Receipts: $2,455,839
Assets and Liabilities:
- Total Assets: $1,051,841
- Total Liabilities: $859,327
- Net Assets: $192,514
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Organization Details
Founding Year
1984
Phone
(203) 324-1816Principal Officer
Thomas Cooke
Main Address
1616 WASHINGTON BLVD, STAMFORD, CT, 06902
Website
www.laurelhouse.netNTEE Category
Code: F32 - Mental health
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