Overview
What is Lake Highlands Improvement District Corp?
Lake Highlands Improvement District Corp is a nonprofit organization, established with charitable intentions, as per Section 501(C)(C) of the Internal Revenue Code. Based in Dallas, Texas, the corporation's primary mission is to support and enhance the Lake Highlands Public Improvement District (LH PID). They accomplish this by managing and implementing public improvements within the LH PID, aiming to contribute positively to the district's infrastructure and overall development. The corporation's activities are geared towards bettering the LH PID, ultimately benefiting the community as a whole.
Official website here: www.lhpid.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
Lake Highlands Improvement District Corp has received a rating of 77% from Charity Navigator, placing it in the Three-Star category. This score is derived entirely from its Accountability & Finance metrics, which indicate a strong commitment to financial transparency and governance. The organization has achieved an exemplary score on several accountability components, particularly in maintaining a board composed entirely of independent members and implementing policies for conflict of interest and whistleblowing.
The organization’s financial management appears robust, with a high program expense ratio of 91.27%, suggesting that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, the absence of any material diversion of assets has positively contributed to its accountability standing. The presence of an Audit and Oversight Committee further enhances its financial oversight.
However, a notable area of concern is the liabilities-to-assets ratio, which stands at 69.67%. This figure indicates that a considerable portion of the organization’s assets is encumbered by liabilities, which could raise questions about financial stability. Overall, while Lake Highlands Improvement District Corp demonstrates strong governance practices, potential donors should consider the implications of its financial ratios when evaluating its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lake Highlands Improvement District Corp?
While there are currently only four reviews available for the Lake Highlands Improvement District Corp, one individual expressed significant dissatisfaction with the state of the area, specifically highlighting concerns about the appearance of Kingsley and Audelia. They indicated a decline in the neighborhood and suggested that it resembles a "third world country," which has impacted their willingness to visit local businesses.
This negative sentiment suggests that some community members feel a sense of decline in their environment. While the reviews are limited and not yet rated, it's clear that the organization may face challenges in improving the area's perception among residents and visitors alike. Further engagement and effort may be necessary to address these concerns and enhance the community's overall image.
This AI summary has been generated from reviews found on Facebook.
Is Lake Highlands Improvement District Corp legitimate?
Lake Highlands Improvement District Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Highlands Improvement District 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,404
For more financial information, click here
Official website here: www.lhpid.org
What is the mission statement of Lake Highlands Improvement District Corp?
The Lake Highlands Improvement District Corp is organized for charitable purposes, specifically to operate for the benefit of and to support the Lake Highlands Public Improvement District. Within this scope, the corporation's primary role is to manage and implement public improvements within the Lake Highlands Public Improvement District. The mission of Lake Highlands Improvement District Corp is to contribute to the betterment of the district by overseeing and executing necessary public enhancements, ultimately serving to improve the overall quality of life for the community.
Official website here: www.lhpid.org
Who is the CEO of Lake Highlands Improvement District Corp?
Tina Cox is the President of Lake Highlands Improvement District Corp.
Official website here: www.lhpid.org
What is the revenue of Lake Highlands Improvement District Corp?
Lake Highlands Improvement District Corp's revenue in 2022 was $1,483,528.
Official website here: www.lhpid.org
Who are the executives of Lake Highlands Improvement District Corp and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.lhpid.org
Where can I find the form 990 for Lake Highlands Improvement District Corp?
Lake Highlands Improvement District Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lhpid.org
Learn more at the official website: www.lhpid.org
Mission Statement of Lake Highlands Improvement District Corp
Lake Highlands Improvement District Corp, a charitable organization, is primarily dedicated to supporting the Lake Highlands Public Improvement District (LH PID) by managing and implementing public improvements within its scope. This nonprofit operates with a mission that aligns with Section 501(c)(3) of the Internal Revenue Code, which means it is committed to benefiting the LH PID for the betterment of the community as a whole. By undertaking this role, Lake Highlands Improvement District Corp works to enhance the public infrastructure within its jurisdiction, contributing to the overall well-being and development of the district.
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Impact
October, 2024
Lake Highlands Improvement District Corp significantly enhances the quality of life in the Lake Highlands area by managing and implementing public improvements that foster a safer and more attractive community. This includes providing security to ensure residents feel safe and supported in their environment. By focusing on community improvement efforts, the organization strengthens civic pride and promotes collaboration among residents, businesses, and stakeholders. Through its initiatives, it creates a vibrant community atmosphere that encourages engagement and supports the overall well-being of Lake Highlands in Dallas, Texas.
This information is meant to be a general summary of Lake Highlands Improvement District 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.
- Investment Income: -$509
- Gross Receipts: $1,483,528
Assets and Liabilities:
- Total Assets: $2,560,411
- Total Liabilities: $1,813,226
- Net Assets: $747,185
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Organization Details
Founding Year
2008
Phone
(214) 460-1118Principal Officer
Tina Cox
Main Address
9090 SKILLMAN 182-A PMB 101, DALLAS, TX, 75243
Website
www.lhpid.orgNTEE Category
Code: S30 - Community improvement
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