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Life Community Development

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

EIN: 263283011 ✦ Adelanto, CA ✦ Designated as a 501(c)(3)

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Overview

What is Life Community Development?

Life Community Development is a nonprofit organization situated in Adelanto, California. With a team of 60 dedicated employees, they offer transitional housing facilities for American veterans, as well as individuals and families dealing with financial and mental hardships. The organization's mission is centered around providing support and housing, aiming to enhance their lives and facilitate their reintegration into society. LCD continually serves formerly incarcerated individuals from state prisons and maintains its facilities to uphold this commitment.

Is Life Community Development legitimate?

Life Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Community Development 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: $104,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $575,541

For more financial information, click here

What is the mission statement of Life Community Development?

Life Community Development, as a corporation, is dedicated to offering transitional housing solutions for American Veterans, as well as mentally and financially disadvantaged individuals and families. Their mission is to provide a supportive environment that aids these groups in their recovery and reintegration into society. The corporation maintains its facilities and continues to serve formerly incarcerated individuals from state prisons. Moreover, it employs committed and qualified staff to ensure the successful execution of its mission.

Who is the CEO of Life Community Development?

Joseph Perkins Ii is the CEO of Life Community Development The CEO's salary of Life Community Development is $104,000 and their total compensation is $104,000.

What is the revenue of Life Community Development?

Life Community Development's revenue in 2023 was $1,051,464.

Who are the executives of Life Community Development and what are their salaries?

The average compensation at Life Community Development during 2023 was $16,574. There are 41 employees at Life Community Development.

There is 1 key member and their salary:


Joseph Perkins Ii (Ceo)
  • Compensation: $104,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Life Community Development?

Life Community Development's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Life Community Development

Life Community Development, as a corporation, is dedicated to providing transitional housing for American Veterans, as well as mentally and financially disadvantaged individuals and families. This mission is geared towards offering a supportive environment for these groups, aiming to help them through their challenging circumstances. Life Community Development's facilities are fully operational, and they continue to serve individuals who have been released from state prisons. The organization is committed to hiring qualified and dedicated employees to ensure the smooth operation of these services.

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Impact




October, 2024

Life Community Development significantly impacts the Adelanto, CA area by providing essential transitional housing for American veterans, as well as mentally and financially disadvantaged individuals and families. Their facilities offer a supportive environment that helps individuals navigate the challenges of reintegration into society after incarceration or hardship. By focusing on formerly incarcerated individuals, Life Community Development plays a crucial role in reducing recidivism, promoting stability, and fostering community integration.

Their commitment extends beyond housing; they prioritize hiring qualified and dedicated employees, which not only helps create job opportunities but also strengthens the community by involving individuals who understand the challenges faced by their clients. Through these initiatives, Life Community Development contributes to improving the overall well-being of the population they serve, empowering individuals to rebuild their lives and achieve self-sufficiency.




This information is meant to be a general summary of Life Community Development. 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
$1,051,464 (2023)
Expenses
$1,124,890 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $37,010
  • Gross Receipts: $1,051,464

Assets and Liabilities:

  • Total Assets: $1,335,400
  • Total Liabilities: $48,960
  • Net Assets: $1,286,440

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Programs

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

Rent

Revenue

$37,010

Organization Details

Founding Year

2008

Principal Officer

Joseph Perkins Ii

NTEE Category

Code: I21 - Crime

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