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Lawrenceville Corporation

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

EIN: 251471440 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Lawrenceville Corporation?

Lawrenceville Corporation is a nonprofit organization located at 100 43rd Street, Pittsburgh, Pennsylvania 15201. Their primary mission is to drive responsible growth and reinvestment within the Lawrenceville community. Acting as a catalyst, they facilitate development in the neighborhood business district, aiming to improve its overall well-being. With a team of seven dedicated individuals, they work towards revitalizing the area and fostering a sustainable and thriving environment in Lawrenceville.


Official website here: www.lvpgh.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Lawrenceville Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a perfect score of 100% for independent board members and a high program expense ratio of 93.36%, the organization demonstrates effective governance and prioritization of program funding.

The organization has a robust set of policies in place, including conflict of interest and whistleblower policies, which are vital for maintaining transparency and ethical standards. Their financial practices are solid, evidenced by a low liabilities to assets ratio of 4.43%, indicating a stable financial position and effective asset management.

While the organization excels in its financial accountability, the available data does not highlight any specific programmatic outcomes or community impact. Nonetheless, its strong financial standing and governance practices position it as a trustworthy nonprofit in the community development sector.


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

Is Lawrenceville Corporation legitimate?

Lawrenceville Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawrenceville Corporation 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: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,904

For more financial information, click here


Official website here: www.lvpgh.com

What is the mission statement of Lawrenceville Corporation?

The Lawrenceville Corporation serves as a driving force, promoting and facilitating responsible growth and reinvestment within a specific community. Its primary objective is to revitalize the local business district, fostering sustainable development and investment. By acting as a catalyst, the corporation encourages responsible growth, aiming to enhance the overall well-being and prosperity of the community.


Official website here: www.lvpgh.com

Who is the CEO of Lawrenceville Corporation?

Sarah Trbovic is the Executive Dir. of Lawrenceville Corporation.


Official website here: www.lvpgh.com

What is the revenue of Lawrenceville Corporation?

Lawrenceville Corporation's revenue in 2022 was $871,548.


Official website here: www.lvpgh.com

Who are the executives of Lawrenceville Corporation and what are their salaries?

The average compensation at Lawrenceville Corporation during 2022 was $34,415. There are 7 employees and 5 volunteers at Lawrenceville Corporation.


Here are 17 key members and their salaries:


Lauren Byrne Connelly (Executive Dir.)
  • Compensation: $95,000
  • Related: $0
  • Other: $0
Stephen Casey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tobiczyk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Arendas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Kellar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Bernstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Chase (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Lampe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Shoffner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaveise Cadogan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kento Ohmori (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Becker May (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louisa Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Rearick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Graves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lvpgh.com

Where can I find the form 990 for Lawrenceville Corporation?

Lawrenceville Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lvpgh.com

Learn more at the official website: www.lvpgh.com

Mission Statement of Lawrenceville Corporation

Lawrenceville Corporation, as a nonprofit organization, serves as a catalyst and facilitator for responsible growth and reinvestment within its community. Its primary mission is to revitalize the local business district in Lawrenceville, fostering a prosperous and sustainable environment for the community's businesses and residents. The corporation acts as a bridge between various stakeholders, working towards responsible development that benefits the community as a whole.

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Impact




October, 2024

Lawrenceville Corporation serves as a catalyst for responsible growth and revitalization in the Lawrenceville neighborhood, profoundly impacting the local community. By focusing on business development, the organization plays a critical role in rejuvenating the neighborhood's business district, fostering a vibrant and economically sustainable environment.

Through strategic initiatives, Lawrenceville Corporation enhances the overall quality of life for residents and visitors alike, promoting community improvement and investment in local resources. Its efforts not only support existing businesses but also attract new enterprises, thereby driving economic growth and creating job opportunities. The corporation's commitment to the community's development underscores its significance as a driving force in Lawrenceville, making it a pivotal player in shaping the neighborhood's future.




This information is meant to be a general summary of Lawrenceville Corporation. 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
$871,548 (2022)
Expenses
$778,075 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,995
  • Program Service Revenue: $117,007
  • Gross Receipts: $871,548

Assets and Liabilities:

  • Total Assets: $2,028,220
  • Total Liabilities: $96,401
  • Net Assets: $1,931,819

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Programs

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

Administrative fee income

Revenue

$97,255

Membership Dues

Revenue

$12,850

Program Service Fees

Revenue

$6,902

Organization Details

Founding Year

1984

Principal Officer

Sarah Trbovic

Main Address

100 43rd Street 208, Pittsburgh, PA, 15201

NTEE Category

Code: S20 - Community improvement

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