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Lifeboat Alliance Ltd

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

EIN: 272897657 ✦ Mtvernon, IL ✦ Designated as a 501(c)(3)

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Overview

What is Lifeboat Alliance Ltd?

Lifeboat Alliance Ltd is a nonprofit organization situated in Mount Vernon, Illinois, specifically at PO Box 76. Their primary mission is to serve the homeless residents of Jefferson County and surrounding areas, offering them a shelter and essential necessities. As a Christian ministry, they provide resources and support to help transform the lives of the homeless. With a small team of four employees, Lifeboat Alliance Ltd aims to offer shelter and aid, acting as a beacon of hope for those in need.


Official website here: www.lifeboatalliance.org

Is Lifeboat Alliance Ltd legitimate?

Lifeboat Alliance Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifeboat Alliance Ltd 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: $65,283
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,689

For more financial information, click here


Official website here: www.lifeboatalliance.org

What is the mission statement of Lifeboat Alliance Ltd?

Lifeboat Alliance Ltd functions as a Christian ministry, devoted to providing shelter and essential resources for the homeless residing in Jefferson County and surrounding areas. Their mission is to offer a shelter and basic necessities to these individuals, accompanied by the necessary support to help them transform their lives. The organization aims to provide a sanctuary and essentials, such as food, clothing, and shelter, to those in need. Furthermore, Lifeboat Alliance Ltd strives to offer spiritual guidance and guidance to help the homeless rebuild their lives.


Official website here: www.lifeboatalliance.org

Who is the CEO of Lifeboat Alliance Ltd?

Randy Steele is the President of Lifeboat Alliance Ltd.


Official website here: www.lifeboatalliance.org

What is the revenue of Lifeboat Alliance Ltd?

Lifeboat Alliance Ltd's revenue in 2022 was $347,082.


Official website here: www.lifeboatalliance.org

Who are the executives of Lifeboat Alliance Ltd and what are their salaries?

The average compensation at Lifeboat Alliance Ltd during 2022 was $23,493. There are 4 employees and 327 volunteers at Lifeboat Alliance Ltd.


Here are 14 key members and their salaries:


Jennifer Mcarthy (Executive Dir.)
  • Compensation: $65,283
  • Related: $0
  • Other: $0
Cheryl Presswood (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Lash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Czerwinski (Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunt Bonan (Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Overstreet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Bevis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Steele (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Swan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Gary (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Lamont (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barb Braddy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauri Marshall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifeboatalliance.org

Where can I find the form 990 for Lifeboat Alliance Ltd?

Lifeboat Alliance Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lifeboatalliance.org

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

Mission Statement of Lifeboat Alliance Ltd

Lifeboat Alliance Ltd, as a Christian ministry, is dedicated to providing shelter resources and support for the homeless. Their mission is to offer a shelter and essential necessities to the homeless residents of Jefferson County and its surrounding areas. Beyond providing basic needs, Lifeboat Alliance Ltd aims to offer the necessary support to help these individuals transform their lives. This mission is carried out with a strong Christian ethos, seeking to uplift and empower the homeless community.

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Impact




October, 2024

Lifeboat Alliance Ltd plays a crucial role in addressing homelessness in Jefferson County and its surrounding areas. By providing shelter and basic necessities, it offers immediate relief to individuals in need. The organization goes beyond temporary support by equipping homeless residents with the resources necessary to transform their lives, fostering an environment of hope and renewal.

Operating from Mt. Vernon, IL, Lifeboat Alliance Ltd embodies a commitment to Christian ministry, ensuring that those who find themselves in difficult circumstances receive not just a roof over their heads, but also the encouragement and tools needed for long-term change. The impact of their work is seen through the lives they touch, as they create a pathway towards stability and self-sufficiency for the homeless population.




This information is meant to be a general summary of Lifeboat Alliance Ltd. 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
$347,082 (2022)
Expenses
$321,212 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,320
  • Gross Receipts: $390,216

Assets and Liabilities:

  • Total Assets: $1,256,531
  • Total Liabilities: $11,047
  • Net Assets: $1,245,484

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Organization Details

Founding Year

2010

Principal Officer

Randy Steele

Main Address

PO BOX 76, MTVERNON, IL, 62864

NTEE Category

Code: L41 - Housing

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