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Cedar Lake L'Esprit Inc

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

EIN: 270822225 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Cedar Lake L'Esprit Inc?

Cedar Lake L'Esprit Inc is a nonprofit organization located in Louisville, Kentucky, specifically at 9505 Williamsburg Plaza Suite 202. Their mission is to provide secure and reasonably priced housing for individuals with intellectual and developmental disabilities, fostering their inclusion within their local communities. The organization, with a vision of promoting mutual enrichment and respect, offers compassionate and capable care to its residents. The community-based housing provided by Cedar Lake L'Esprit Inc is detailed in their schedule, catering to the metro Louisville region of Kentucky.


Official website here: www.cedarlake.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Cedar Lake L'Esprit Inc has achieved an impressive 97% rating, indicating a strong commitment to accountability and finance. This score reflects the organization’s robust governance structure, which includes a completely independent board of directors comprised of seven members. The charity has effectively demonstrated transparency in its operations, with comprehensive policies in place for conflict of interest, whistleblower protections, and document retention.

The organization excels in its financial management, as evidenced by a program expense ratio of 73.29%, meaning that a significant portion of its funds directly supports its programs. Furthermore, the ratio of liabilities to assets is notably low at 3.72%, showcasing financial stability and prudent fiscal practices. The presence of detailed board meeting minutes and proper documentation further underscores the charity’s dedication to transparency and accountability.

Overall, Cedar Lake L'Esprit Inc stands out for its ethical governance and financial responsibility. While specific feedback from beneficiaries or community impact is not detailed, the strong financial metrics and governance practices suggest a well-managed organization that prioritizes its mission and the effective use of donations.


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

Is Cedar Lake L'Esprit Inc legitimate?

Cedar Lake L'Esprit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Lake L'Esprit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cedarlake.org

What is the mission statement of Cedar Lake L'Esprit Inc?

Cedar Lake L'Esprit Inc's mission is centered around providing compassionate and capable care for individuals with intellectual and developmental disabilities. Their vision envisions a community where both individuals with and without disabilities can learn from each other, fostering mutual respect and unconditional love through meaningful interactions. The organization's mission is to offer safe and affordable housing to these individuals, enabling opportunities for meaningful inclusion in their communities.


Official website here: www.cedarlake.org

Who is the CEO of Cedar Lake L'Esprit Inc?

Jason Squires is the Chief Operating Officer (See Sch O) of Cedar Lake L'Esprit Inc. The CEO's salary of Cedar Lake L'Esprit Inc is $0 and their total compensation is $100,275.


Official website here: www.cedarlake.org

What is the revenue of Cedar Lake L'Esprit Inc?

Cedar Lake L'Esprit Inc's revenue in 2022 was $74,425.


Official website here: www.cedarlake.org

Who are the executives of Cedar Lake L'Esprit Inc and what are their salaries?

There 10 volunteers at Cedar Lake L'Esprit Inc.


Here are 12 key members and their salaries (Cedar Lake L'Esprit Inc's CEO's salary is $0 and their total compensation is $100,275):


Lynn Wilkerson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Bain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Beickman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Garber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Stiebling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Stith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Wellman (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Ringer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Solomon Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Squires (Chief Operating Officer (See Sch O))
  • Compensation: $0
  • Related: $156,303
  • Other: $38,638
Cassandra Tembo (Interim Ceo (See Sch O))
  • Compensation: $0
  • Related: $100,275
  • Other: $0


Official website here: www.cedarlake.org

Where can I find the form 990 for Cedar Lake L'Esprit Inc?

Cedar Lake L'Esprit Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cedarlake.org

Learn more at the official website: www.cedarlake.org

Mission Statement of Cedar Lake L'Esprit Inc

Cedar Lake L'Esprit Inc, a nonprofit organization, is dedicated to fostering a community where individuals with and without disabilities can learn from one another, fostering mutual respect and unconditional love. At the heart of its mission is the provision of compassionate and capable care for people with intellectual and developmental disabilities. This care is manifested through the offering of safe and affordable housing, and opportunities for meaningful inclusion in their communities. The organization's ultimate goal is to empower these individuals, enabling them to lead fulfilling lives within their communities.

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Impact




August, 2024

Cedar Lake L'Esprit Inc provides safe and affordable community-based housing for individuals with intellectual and developmental disabilities in the Metro Louisville region of Kentucky. Their mission is to offer compassionate care and opportunities for meaningful inclusion in their communities. Through their work, Cedar Lake L'Esprit Inc is creating a community where individuals with and without disabilities learn to share and enrich each other's lives through meaningful interactions that cultivate mutual respect and unconditional love. The impact of Cedar Lake L'Esprit Inc is evident in the improved quality of life and enhanced sense of belonging experienced by those they serve.




This information is meant to be a general summary of Cedar Lake L'Esprit 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.

Revenue
$74,425 (2022)
Expenses
$112,100 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49
  • Program Service Revenue: $74,376
  • Gross Receipts: $74,425

Assets and Liabilities:

  • Total Assets: $764,152
  • Total Liabilities: $24,287
  • Net Assets: $739,865

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Programs

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

APARTMENT RENTAL

Revenue

$74,376

Organization Details

Founding Year

2009

Principal Officer

Jason Squires

Main Address

9505 WILLIAMSBURG PLAZA SUITE 202, LOUISVILLE, KY, 40222

NTEE Category

Code: L21 - Housing

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