Overview
What is Lake Area Recovery Center Inc?
Lake Area Recovery Center Inc, located in Ashtabula, Ohio, is a nonprofit organization dedicated to providing treatment and prevention services for addictive and compulsive behaviors and disorders such as alcoholism and other drug addiction. Through outpatient counseling, clients receive support and resources by visiting the center. In the past year, they have served 632 individuals. Their mission is to offer a comprehensive approach to healing, aiming to help individuals overcome their struggles with substance abuse and lead healthier, more fulfilling lives. The organization employs 90 dedicated professionals to carry out their mission.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.
Lake Area Recovery Center Inc has achieved a high score of 94% on Charity Navigator, indicating strong performance in accountability and finance. This rating reflects the organization's commitment to transparency and responsible financial management, with a perfect score in various metrics including an independent board and comprehensive financial audits.
The organization boasts a 100% independent board, signifying a robust governance structure that enhances its credibility. Furthermore, its program expense ratio is impressive at 94.31%, indicating that a significant portion of its resources are allocated towards its recovery programs, which are vital for the community it serves.
No significant limitations are noted in the provided data, and the center's adherence to conflict of interest and whistleblower policies underscores its ethical practices. Overall, Lake Area Recovery Center Inc stands out as a well-managed nonprofit dedicated to its mission while maintaining high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Area Recovery Center Inc legitimate?
Lake Area Recovery Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Area Recovery Center 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: $167,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lake Area Recovery Center Inc?
The Lake Area Recovery Center Inc is dedicated to providing treatment and prevention services for addictive and compulsive behaviors and disorders, such as alcoholism and other drug addiction. Their mission is to aid individuals struggling with these issues, offering outpatient counseling as a means to help them overcome their dependencies. The center serves a significant number of clients each year, with 632 patients receiving counseling and other resources in the most recent period documented.
Who is the CEO of Lake Area Recovery Center Inc?
Michael Murphy is the Executive Director of Lake Area Recovery Center Inc.
What is the revenue of Lake Area Recovery Center Inc?
Lake Area Recovery Center Inc's revenue in 2022 was $4,154,396.
Who are the executives of Lake Area Recovery Center Inc and what are their salaries?
The average compensation at Lake Area Recovery Center Inc during 2022 was $1,864. There are 90 employees at Lake Area Recovery Center Inc.
Here are 8 key members and their salaries:
- Compensation: $114,654
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $68,674
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lake Area Recovery Center Inc?
Lake Area Recovery Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lake Area Recovery Center Inc
Lake Area Recovery Center Inc is a dedicated organization that aims to combat drug and alcohol abuse. Its mission is to provide treatment and prevention services for addictive and compulsive behaviors and disorders, such as alcoholism and other drug addiction. To achieve this, the center offers out-patient counseling, where clients receive guidance and support by visiting the center. Through these services, the Center strives to help individuals overcome their struggles with substance abuse and pave the way for a healthier, more fulfilling life. During the year, the Center served a total of 632 patients, demonstrating its commitment to making a difference in the lives of those affected by addiction.
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Impact
June, 2024
Lake Area Recovery Center Inc provides vital treatment and prevention services for addictive and compulsive behaviors, specifically focusing on alcoholism and drug addiction. Through their out-patient counseling program, the center served a total of 632 clients in the city of Ashtabula, Ohio. Their impact is felt in supporting individuals struggling with substance abuse disorders, promoting mental health, and offering a path towards recovery and wellness for those in need.
This information is meant to be a general summary of Lake Area Recovery Center 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: $104
- Program Service Revenue: $109,591
- Gross Receipts: $4,154,396
Assets and Liabilities:
- Total Assets: $3,519,338
- Total Liabilities: $778,979
- Net Assets: $2,740,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES - BED RENT
Revenue
$70,791
CLIENT FEES
Revenue
$33,138
INSURANCE
Revenue
$5,662
Organization Details
Founding Year
1985
Phone
(440) 992-1699Principal Officer
Michael Murphy
Main Address
2801 C COURT, ASHTABULA, OH, 440050890
NTEE Category
Code: F220 - Mental health
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