Overview
What is Love Inc?
Love Inc is a nonprofit organization situated in Elyria, Ohio. Their primary mission is to mobilize local churches to transform lives and communities by responding to urgent needs in the name of Christ. They operate using a clearinghouse model, providing goods and volunteer services in collaboration with loving faith communities that offer emotional and spiritual support, as well as ongoing accountability for transformational change. Love Inc coordinates available assistance for those in need, sourcing help from churches, individuals, and businesses. In times of crisis, they distribute essential items such as clothing, food, baby necessities, and cleaning supplies through Love Ops, as well as offering crisis funds for eligible financial needs. Their workforce consists of 5 dedicated individuals.
Official website here: www.loveinc.org
Is Love Inc legitimate?
Love Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love 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: $117,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.loveinc.org
What is the mission statement of Love Inc?
Love Inc's mission is centered around mobilizing local churches to make a transformative impact on individuals and communities. They achieve this by coordinating available assistance for those in need, sourced from churches, individuals, and businesses. This assistance can take various forms, including goods and volunteer services, provided in conjunction with loving faith communities that offer emotional and spiritual support. In times of urgent need, Love Inc collaborates with their network to provide assistance through initiatives like Love Ops (such as distributing clothing, food, baby necessities, and cleaning supplies) and Crisis Funds (for eligible financial aid). The ultimate goal is to facilitate a holistic transformation, offering both material aid and ongoing spiritual accountability.
Official website here: www.loveinc.org
Who is the CEO of Love Inc?
Bruce Colbert is the Executive Director of Love Inc.
Official website here: www.loveinc.org
What is the revenue of Love Inc?
Love Inc's revenue in 2022 was $234,542.
Official website here: www.loveinc.org
Who are the executives of Love Inc and what are their salaries?
The average compensation at Love Inc during 2022 was $23,532. There are 5 employees at Love Inc.
Here are 5 key members and their salaries:
- Compensation: $62,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.loveinc.org
Where can I find the form 990 for Love Inc?
Love Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loveinc.org
Learn more at the official website: www.loveinc.org
Mission Statement of Love Inc
Love Inc, a nonprofit organization, is dedicated to mobilizing local churches to transform lives and communities in the name of Jesus Christ. Their mission is to facilitate the provision of assistance for those in need, sourcing this aid from churches, individuals, and businesses. Love Inc employs a clearinghouse model to coordinate the distribution of goods and volunteer services. This approach ensures that those receiving aid are not only provided with essential items but also receive emotional and spiritual support from loving faith communities. These communities offer ongoing accountability, aiming to foster transformational change. In urgent situations, Love Inc collaborates with partners and network churches to provide immediate assistance through Love Ops, which includes the distribution of items such as clothing, food, baby needs, and cleaning supplies. They also offer crisis funds to help meet eligible financial needs.
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Impact
October, 2024
Love Inc plays a transformative role in the community by coordinating essential assistance for those in need. By mobilizing local churches, individuals, and businesses, it effectively addresses urgent human service needs. Through a clear clearinghouse model, Love Inc connects people who require support with resources such as food, clothing, and baby supplies.
In addition to providing immediate assistance, Love Inc fosters long-lasting change by connecting recipients with faith communities that offer emotional and spiritual support, creating a network of accountability and encouragement. This holistic approach not only meets physical needs through initiatives like Love Ops and crisis funds but also promotes personal growth and healing.
By facilitating collaboration among various local resources, Love Inc strengthens the community fabric and empowers individuals on their journey toward transformational change, all while embodying the mission to act in the name of Christ. The impact of Love Inc extends beyond immediate relief to foster a supportive environment that encourages resilience and hope in Elyria, Ohio.
This information is meant to be a general summary of Love 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.
- Investment Income: $501
- Gross Receipts: $244,760
Assets and Liabilities:
- Total Assets: $254,447
- Total Liabilities: $0
- Net Assets: $254,447
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Organization Details
Founding Year
1989
Phone
(440) 322-5689Principal Officer
Bruce Colbert
Main Address
POBOX 1773, ELYRIA, OH, 440361773
Website
www.loveinc.orgNTEE Category
Code: P020 - Human services
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