Overview
What is Lakewood Community Services Corp?
Lakewood Community Services Corp is a nonprofit organization situated in Lakewood, New Jersey, specifically at 450 W Kennedy Blvd, 08701. Their primary mission is to promote social welfare, and they accomplish this by providing a range of services to low-income families and individuals. Their offerings encompass social services, including counseling and mental health assistance, small business support, minority advocacy, family assistance, and senior services. With a dedicated workforce of 94 individuals, Lakewood Community Services Corp strives to make a positive impact in their local community.
Official website here: www.thelcsc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Lakewood Community Services Corp has achieved a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The charity scored 88% in the Accountability & Finance category, indicating effective management of its resources and adherence to best practices in governance. With all board members being independent, the organization demonstrates a robust structure that promotes integrity in its operations.
The organization excels in several key areas, such as having no material diversion of assets and a high program expenses ratio of 89.05%, which suggests that a significant portion of its funds directly supports its mission. The presence of an Audit and Oversight Committee further enhances its financial oversight. While the majority of its accountability measures are in place, there are some shortcomings, notably the absence of a whistleblower policy and document retention policy, which could be seen as areas for improvement.
Overall, Lakewood Community Services Corp shows strong financial health and governance practices, though it may benefit from addressing its policy gaps to enhance its operational transparency further. The high level of program expenditure indicates a focus on service delivery, making it a reliable choice for donors looking to support effective community services.
This AI summary has been generated from information found on Charity Navigator.
Is Lakewood Community Services Corp legitimate?
Lakewood Community Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Community Services Corp 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,348,485
For more financial information, click here
Official website here: www.thelcsc.org
What is the mission statement of Lakewood Community Services Corp?
Lakewood Community Services Corp's mission is centered around promoting social welfare. They strive to achieve this by providing various social services, which encompass counseling and mental health support, assistance for small businesses, aid for minorities, family support, and services for the elderly. The organization's primary goal is to serve low-income families and individuals, offering them a wide range of necessary resources.
Official website here: www.thelcsc.org
Who is the CEO of Lakewood Community Services Corp?
Moshe Z Weisberg is the Ttee of Lakewood Community Services Corp.
Official website here: www.thelcsc.org
What is the revenue of Lakewood Community Services Corp?
Lakewood Community Services Corp's revenue in 2022 was $7,695,503.
Official website here: www.thelcsc.org
Who are the executives of Lakewood Community Services Corp and what are their salaries?
The average compensation at Lakewood Community Services Corp during 2022 was $36,207. There are 94 employees and 15 volunteers at Lakewood Community Services Corp.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $53,199
- Other: $1,801
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $103,976
- Related: $0
- Other: $0
- Compensation: $123,990
- Related: $0
- Other: $0
- Compensation: $122,806
- Related: $0
- Other: $0
Official website here: www.thelcsc.org
Where can I find the form 990 for Lakewood Community Services Corp?
Lakewood Community Services Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelcsc.org
Learn more at the official website: www.thelcsc.org
Mission Statement of Lakewood Community Services Corp
Lakewood Community Services Corp, a nonprofit organization, is dedicated to promoting social welfare. At its core, the corporation's mission revolves around providing a range of social services to support various communities. These services extend to counseling and mental health assistance, small business support, advocacy for minorities, family aid, and senior care. By offering these diverse services, Lakewood Community Services Corp aims to uplift low-income families and individuals, ensuring they have the resources and support they need to thrive. The corporation's commitment to social welfare is evident in its dedication to addressing the needs of its community members, striving to create a more balanced and inclusive society.
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Impact
October, 2024
Lakewood Community Services Corp plays a vital role in supporting low-income families and individuals in Lakewood, NJ. By promoting social welfare, it provides a range of essential services that cater to diverse community needs. The organization focuses on enhancing the well-being of residents through counseling and mental health services, which are crucial for individuals facing emotional and psychological challenges.
Additionally, it offers support for small businesses and minority communities, fostering economic empowerment and inclusivity. Family support services strengthen the fabric of the community by addressing various familial needs, while senior services ensure that elderly residents receive the care and assistance they deserve.
A significant aspect of Lakewood Community Services Corp's impact includes food assistance programs, which help alleviate hunger and food insecurity among those in need. Through its comprehensive approach, the organization contributes to building a healthier, more resilient community, making a real difference in the lives of many residents.
This information is meant to be a general summary of Lakewood Community Services Corp. 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.
- Program Service Revenue: $2,197,971
- Gross Receipts: $7,695,503
Assets and Liabilities:
- Total Assets: $5,233,176
- Total Liabilities: $1,326,953
- Net Assets: $3,906,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COUNSELING AND CLIENT
Revenue
$2,182,744
PARTICIPANT FEES
Revenue
$15,227
Organization Details
Founding Year
1997
Phone
(732) 901-6001Principal Officer
Moshe Z Weisberg
Main Address
450 W KENNEDY BLVD, LAKEWOOD, NJ, 08701
Website
www.thelcsc.orgNTEE Category
Code: K30 - Food
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