Overview
What is Lorain County Urban League Inc?
Lorain County Urban League Inc is a nonprofit organization located in Elyria, Ohio, with a mission to empower disadvantaged individuals, including African Americans, to participate equally in education, economics, and social life. Their initiatives encompass housing, employment, and entrepreneurship. As a HUD-certified agency, they offer a home ownership program with classes, workshops, coaching, and support to help community members achieve and sustain successful homeownership. The organization also provides emergency assistance to prevent homelessness for Lorain County residents. In terms of employment, they offer services such as interviewing skills, resume preparation, and job placement, as well as career counseling and job development. Additionally, Lorain County Urban League Inc hosts the Minority Business Assistance Center (MBAC), providing resources to aspiring entrepreneurs and business owners. They aim to launch and grow small businesses through training and coaching. The organization has a total of 11 employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
The Lorain County Urban League Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid overall score based on Accountability & Finance metrics. With a score of 79%, this rating indicates a commendable level of transparency and effective financial management, showcasing the organization's commitment to responsible stewardship of its resources.
The organization demonstrates strong governance practices, with 100% of its board members being independent, and it has established policies regarding conflicts of interest, whistleblower protections, and document retention. Financially, the Urban League maintains a favorable liabilities to assets ratio of 2.84%, indicating a low level of debt relative to its assets. Moreover, an impressive program expense ratio of 93.43% suggests that a significant portion of its budget is directed towards its charitable programs.
Despite these strengths, the overall rating is calculated solely from the Accountability & Finance beacon, which means that other aspects of the organization, such as impact or community feedback, were not considered in this score. While the financial health and governance are satisfactory, potential donors may want to seek additional information regarding the organization's program effectiveness and community engagement to gain a fuller picture.
This AI summary has been generated from information found on Charity Navigator.
Is Lorain County Urban League Inc legitimate?
Lorain County Urban League Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lorain County Urban League 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: $324,610
For more financial information, click here
What is the mission statement of Lorain County Urban League Inc?
The Lorain County Urban League Inc's mission is centered around empowering African Americans and disadvantaged individuals in their community to participate equally in the educational, economic, and social mainstream. This non-profit organization strives to achieve this by providing various programs and resources. Their economic empowerment initiatives include housing, employment, and entrepreneurship programs. The housing program offers classes, workshops, coaching, and support to help community members achieve and sustain successful home ownership. The emergency assistance program assists residents facing crises that could lead to homelessness. In terms of employment, they offer services such as interviewing skills, resume preparation, computer access, job search assistance, career counseling, and job placement. They also host the Minority Business Assistance Center (MBAC), which supports aspiring entrepreneurs and business owners in launching and growing their small businesses.
Who is the CEO of Lorain County Urban League Inc?
Steve C Harmon is the Chair of Lorain County Urban League Inc.
What is the revenue of Lorain County Urban League Inc?
Lorain County Urban League Inc's revenue in 2022 was $829,699.
Who are the executives of Lorain County Urban League Inc and what are their salaries?
The average compensation at Lorain County Urban League Inc during 2022 was $29,510. There are 11 employees at Lorain County Urban League Inc.
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Where can I find the form 990 for Lorain County Urban League Inc?
Lorain County Urban League Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lorain County Urban League Inc
Lorain County Urban League Inc is dedicated to empowering African Americans and all disadvantaged individuals in the community to participate equally in the educational, economic, and social mainstream. The organization strives to break down barriers and promote equality, recognizing the importance of every individual's contribution to society.
To accomplish its mission, Lorain County Urban League Inc offers a range of programs focused on economic empowerment. These initiatives include housing assistance, employment services, and entrepreneurship support. The housing program provides community members with the tools and resources necessary to achieve and sustain successful home ownership, offering classes, workshops, coaching, and support. The emergency assistance program provides aid to Lorain County residents facing crises that could potentially lead to homelessness.
In terms of employment, Lorain County Urban League Inc offers assistance with interviewing skills, resume preparation, computer access for job searches, and applications, as well as job search assistance, career counseling, and job readiness training. They also provide job referrals, job development, job placement, case management, and post-placement follow-up. Furthermore, the organization hosts the Minority Business Assistance Center (MBAC), which supports aspiring entrepreneurs and business owners in launching and growing their small business enterprises through training and coaching resources.
In summary, Lorain County Urban League Inc is a nonprofit organization committed to empowering disadvantaged individuals in the community to participate equally in the educational, economic, and social mainstream. They achieve this through various programs focused on housing, employment, and entrepreneurship. The organization provides resources and support to help individuals overcome barriers, secure housing, and build successful careers, ultimately contributing to a more inclusive and equal society.
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Impact
October, 2024
Lorain County Urban League Inc significantly impacts the community by empowering African Americans and all disadvantaged individuals to participate equally in educational, economic, and social spheres. Through its comprehensive economic empowerment programs, the organization addresses critical areas such as housing, employment, and entrepreneurship.
Their homeownership program aids community members in achieving and maintaining successful homeownership through various classes, workshops, and personalized coaching. This proactive approach not only fosters homeownership but also contributes to community stability and wealth building. In times of crisis, their emergency assistance programs provide essential support to residents facing the threat of homelessness, ensuring that individuals have the resources needed to navigate challenging situations.
The employment services offered are extensive, equipping individuals with practical skills such as resume preparation, interviewing techniques, and job readiness training. By facilitating access to job search tools and providing career counseling, the Urban League enhances employability and assists in job placement, helping individuals secure meaningful employment.
Further supporting the local economy, the Minority Business Assistance Center is a vital resource for aspiring entrepreneurs. This initiative provides training and coaching, empowering business owners to launch and grow small enterprises, fostering economic development within the community.
Overall, the Lorain County Urban League plays a pivotal role in enhancing the quality of life for its residents by promoting equity, self-sufficiency, and economic empowerment.
This information is meant to be a general summary of Lorain County Urban League 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $8,125
- Gross Receipts: $829,699
Assets and Liabilities:
- Total Assets: $442,063
- Total Liabilities: $36,245
- Net Assets: $405,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$8,125
Organization Details
Founding Year
1977
Phone
(440) 323-3364Principal Officer
Steve C Harmon
Main Address
200 MIDDLE AVENUE STE 200, ELYRIA, OH, 44035
NTEE Category
Code: P22Z - Human services
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