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Lake Arbor Foundation Inc

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

EIN: 311576462 ✦ Mitchellville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Lake Arbor Foundation Inc?

Lake Arbor Foundation Inc, located in Mitchellville, Maryland, is a nonprofit organization with a mission to enrich the lives of its local community. With a team of eight dedicated individuals, they offer a range of innovative educational, health, cultural, recreational, and social development programs catering to children, youth, adults, and seniors. Their programs aim to improve the well-being of Mitchellville's residents and its surrounding communities, enhancing the overall quality of life through integrative initiatives. The Lake Arbor Foundation Inc strives to make a lasting impact by providing educational and recreational opportunities that foster lifelong learning and community engagement.


Official website here: www//thelafi.org

Is Lake Arbor Foundation Inc legitimate?

Lake Arbor Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Arbor Foundation 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: $25,604

For more financial information, click here


Official website here: www//thelafi.org

What is the mission statement of Lake Arbor Foundation Inc?

Lake Arbor Foundation Inc's mission is to offer innovative, lifelong educational, health, cultural, recreational, and social development programs for children, youth, adults, and seniors in various communities. The organization achieves this by providing stand-alone and integrated programs, aiming to enhance the communities they serve. Their activities are focused on providing educational and recreational opportunities, ultimately contributing to the overall development of individuals across different age groups.


Official website here: www//thelafi.org

Who is the CEO of Lake Arbor Foundation Inc?

Donna Dean is the Board Member of Lake Arbor Foundation Inc.


Official website here: www//thelafi.org

What is the revenue of Lake Arbor Foundation Inc?

Lake Arbor Foundation Inc's revenue in 2022 was $280,299.


Official website here: www//thelafi.org

Who are the executives of Lake Arbor Foundation Inc and what are their salaries?

The average compensation at Lake Arbor Foundation Inc during 2022 was $3,200. There are 8 employees and 15 volunteers at Lake Arbor Foundation Inc.


Here are 11 key members and their salaries:


Samuel Dean (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Coley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna J Dean (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Futch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Jackson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thelma Strong (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vera Renee Teel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Richardson (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Sharp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Djaata Onanuga (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wilcher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www//thelafi.org

Where can I find the form 990 for Lake Arbor Foundation Inc?

Lake Arbor Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www//thelafi.org

Learn more at the official website: www//thelafi.org

Mission Statement of Lake Arbor Foundation Inc

Lake Arbor Foundation Inc is committed to offering innovative, lifelong educational, health, cultural, recreational, and social development programs for children, youth, adults, and seniors residing in its surrounding communities. The organization's mission is to enrich these communities by implementing both stand-alone and integrated programs, aiming to enhance the lives of its beneficiaries. By doing so, Lake Arbor Foundation Inc strives to contribute positively to the overall development of its target demographic.

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Impact




October, 2024

Lake Arbor Foundation Inc has a significant impact on the community of Mitchellville, MD, and its surrounding areas by delivering innovative programs that cater to a diverse range of age groups, from children to seniors. The organization focuses on lifelong educational initiatives, health awareness, cultural enrichment, and social development. Through recreational and educational programs, it promotes holistic growth and well-being, helping individuals develop essential skills and fostering a sense of community.

By implementing integrated programs, Lake Arbor Foundation enhances the overall quality of life for residents, encouraging engagement and participation in various activities that enrich their lives. The foundation's mission to provide access to valuable resources and experiences creates opportunities for learning and personal development, ultimately contributing to a healthier, more informed, and engaged community.




This information is meant to be a general summary of Lake Arbor Foundation 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
$280,299 (2022)
Expenses
$298,906 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $112
  • Program Service Revenue: $91,803
  • Gross Receipts: $280,299

Assets and Liabilities:

  • Total Assets: $880,181
  • Total Liabilities: $1,389
  • Net Assets: $878,792

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Programs

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

Camp and other programs

Revenue

$91,803

Organization Details

Founding Year

1997

Principal Officer

Donna Dean

Main Address

1399 Golf Course Drive, Mitchellville, MD, 20721

NTEE Category

Code: N31 - Recreation

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