Overview
What is Lawyers Concerned For Lawyers Inc?
Lawyers Concerned For Lawyers Inc, based in Boston, Massachusetts, is a nonprofit organization committed to the well-being and resilience of the legal community. Their primary mission involves providing free and confidential mental health resources, addiction recovery support, and practice management services. With a team of 13 dedicated individuals, this organization aims to improve lives, nurture competence, and elevate the standing of the legal profession. Their services are instrumental in promoting mental health awareness and offering support to legal professionals who may be facing challenges.
Official website here: www.lclma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
Lawyers Concerned For Lawyers Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting their commitment to accountability and financial health. The rating is based entirely on their Accountability & Finance score, which stands at 94%. This high score indicates a robust organizational structure with a focus on transparency and responsible management of resources.
The organization demonstrates outstanding governance, with 100% of its board members being independent, ensuring unbiased decision-making. They have also established strong financial oversight practices, as evidenced by a fully independent audit and oversight committee and no material diversion of assets. Furthermore, they maintain comprehensive policies for whistleblower protection and conflict of interest, underscoring their commitment to ethical practices.
While their financial ratios are solid, including a program expense ratio of 87.53%, which indicates that a significant portion of their funds goes directly to program services, the liabilities to assets ratio of 52.95% may suggest some level of financial caution. Overall, Lawyers Concerned For Lawyers Inc stands out as a well-managed organization dedicated to its mission, though continuous monitoring of financial health is advisable.
This AI summary has been generated from information found on Charity Navigator.
Is Lawyers Concerned For Lawyers Inc legitimate?
Lawyers Concerned For Lawyers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawyers Concerned For Lawyers 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: $185,078
Professional Fundraising Fees: $0
Other Salaries and Wages: $839,776
For more financial information, click here
Official website here: www.lclma.org
What is the mission statement of Lawyers Concerned For Lawyers Inc?
Lawyers Concerned for Lawyers Inc. is committed to promoting well-being and resilience within the legal community. Their mission is to enhance lives, foster competence, and enhance the standing of the legal profession. They achieve this by providing free and confidential mental health resources, addiction recovery support, and practice management services. This organization aims to support legal professionals, aiming to improve their overall well-being and professional growth.
Official website here: www.lclma.org
Who is the CEO of Lawyers Concerned For Lawyers Inc?
Stacey Best is the President of Lawyers Concerned For Lawyers Inc.
Official website here: www.lclma.org
What is the revenue of Lawyers Concerned For Lawyers Inc?
Lawyers Concerned For Lawyers Inc's revenue in 2022 was $1,932,151.
Official website here: www.lclma.org
Who are the executives of Lawyers Concerned For Lawyers Inc and what are their salaries?
The average compensation at Lawyers Concerned For Lawyers Inc during 2022 was $78,835. There are 13 employees at Lawyers Concerned For Lawyers Inc.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $104,378
- Related: $0
- Other: $16,942
- Compensation: $108,153
- Related: $0
- Other: $17,475
- Compensation: $103,891
- Related: $0
- Other: $0
Official website here: www.lclma.org
Where can I find the form 990 for Lawyers Concerned For Lawyers Inc?
Lawyers Concerned For Lawyers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lclma.org
Learn more at the official website: www.lclma.org
Mission Statement of Lawyers Concerned For Lawyers Inc
Lawyers Concerned For Lawyers Inc, a nonprofit organization, is committed to promoting well-being and resilience within the legal community. Their mission is multifaceted, aiming to improve lives, nurture competence, and elevate the standing of the legal profession. Central to their mission is providing free and confidential mental health resources. These services aim to support lawyers dealing with emotional challenges, helping them maintain their mental well-being and overcome any obstacles they may face.
In addition to mental health resources, Lawyers Concerned For Lawyers Inc offers addiction recovery support. This aspect of their mission recognizes that substance abuse can be a significant issue within the legal profession and provides the necessary assistance to help lawyers overcome addiction and return to a healthier, more productive life. Furthermore, the organization offers practice management services. These services are designed to help lawyers manage their practices more effectively, reducing stress and improving overall job satisfaction. By providing these resources, Lawyers Concerned For Lawyers Inc is working to support the well-being of lawyers and improve the overall functioning of the legal profession.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Lawyers Concerned For Lawyers Inc (LCL) significantly impacts the legal community by providing vital resources to promote mental health and well-being among legal professionals. Their free and confidential services include mental health support, addiction recovery assistance, and practice management resources, all tailored to address the unique challenges faced by lawyers. By fostering resilience and competence, LCL not only improves the lives of individuals but also enhances the overall standing of the legal profession. Their commitment to well-being helps reduce stigma around mental health issues within the legal field, encouraging lawyers to seek the support they need. This ultimately leads to a healthier, more effective legal community.
This information is meant to be a general summary of Lawyers Concerned For Lawyers 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: -$20,504
- Program Service Revenue: $1,951,834
- Gross Receipts: $2,184,901
Assets and Liabilities:
- Total Assets: $1,840,661
- Total Liabilities: $219,656
- Net Assets: $1,621,005
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOARD ASSESSMENT
Revenue
$1,951,834
Organization Details
Founding Year
1983
Phone
(617) 482-9600Principal Officer
Stacey Best
Main Address
31 MILK STREET 810, BOSTON, MA, 02109
Website
www.lclma.orgNTEE Category
Code: P00 - Human services
If you are a representative of Lawyers Concerned For Lawyers Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.