Overview
What is Lawndale Christian Development Corp?
Lawndale Christian Development Corp is a nonprofit organization situated in Chicago, Illinois, specifically at 3843 W OGDEN AVENUE, 60623. Their mission involves holistic revitalization, aiming to enhance the lives and surroundings of North Lawndale residents. They accomplish this through various initiatives, including economic empowerment, housing improvement, educational enrichment, and community advocacy. By managing residential and commercial properties, partnering with educational institutions, and advocating for community development, Lawndale Christian Development Corp acts as a catalyst for North Lawndale's rejuvenation, employing a workforce of 19 individuals.
Official website here: www.lcdc.net/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%
Lawndale Christian Development Corp has received a positive Three-Star out of Four Star rating from Charity Navigator, primarily reflecting its strong performance in accountability and finance. With an overall score of 87%, the organization demonstrates a commitment to transparency and responsible financial management, which is crucial for gaining donor trust and support.
The nonprofit excels in several key areas, including having an entirely independent board, robust financial oversight, and no reported material diversion of assets. Its program expense ratio of nearly 83% indicates that a significant portion of funding is directed toward its programs, while an impressive fundraising efficiency ratio shows that it raises funds effectively with minimal expense.
However, the summary does not indicate any specific limitations or areas for improvement within the organization. Overall, Lawndale Christian Development Corp appears to be a responsible and well-managed nonprofit, making it a potentially reliable choice for donors looking to support community development initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Lawndale Christian Development Corp legitimate?
Lawndale Christian Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawndale Christian Development Corp 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: $160,812
Professional Fundraising Fees: $0
Other Salaries and Wages: $685,966
For more financial information, click here
Official website here: www.lcdc.net/
What is the mission statement of Lawndale Christian Development Corp?
Lawndale Christian Development Corp's mission is centered around revitalizing the lives and environment of a specific community. This is achieved through four key strategies: economic empowerment, housing improvement, educational enrichment, and community advocacy. The organization strives to enhance the community by managing residential and commercial properties, supporting educational excellence, and acting as a catalyst for community revitalization. In essence, Lawndale Christian Development Corp aims to improve the overall well-being of its community members by addressing various aspects of their lives.
Official website here: www.lcdc.net/
Who is the CEO of Lawndale Christian Development Corp?
Richard Townsell is the Executive Dir. of Lawndale Christian Development Corp.
Official website here: www.lcdc.net/
What is the revenue of Lawndale Christian Development Corp?
Lawndale Christian Development Corp's revenue in 2022 was $3,354,644.
Official website here: www.lcdc.net/
Who are the executives of Lawndale Christian Development Corp and what are their salaries?
The average compensation at Lawndale Christian Development Corp during 2022 was $44,567. There are 19 employees and 25 volunteers at Lawndale Christian Development Corp.
Here are 9 key members and their salaries:
- Compensation: $160,812
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- Other: $0
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- Other: $0
Official website here: www.lcdc.net/
Where can I find the form 990 for Lawndale Christian Development Corp?
Lawndale Christian Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lcdc.net/
Learn more at the official website: www.lcdc.net/
Mission Statement of Lawndale Christian Development Corp
Lawndale Christian Development Corp, a dedicated nonprofit organization, is committed to revitalizing the lives and surroundings of North Lawndale residents. Its mission is multifaceted, encompassing economic empowerment, housing improvement, educational enrichment, and community advocacy. By engaging in these areas, Lawndale Christian Development Corp aims to holistically transform the lives of its community members.
In terms of economic empowerment, the organization plays a significant role in identifying, developing, and managing both residential and commercial properties. This strategic approach not only provides opportunities for income generation but also fosters a sense of community pride and self-sufficiency.
Furthermore, Lawndale Christian Development Corp is deeply involved in educational enrichment. By partnering with local schools and educational institutions, it strives to improve educational outcomes for the community's children. This commitment to education is crucial in breaking the cycle of poverty and fostering a more prosperous future for the next generation.
Lastly, Lawndale Christian Development Corp serves as a powerful advocate for its community. Through community advocacy, it aims to address the unique challenges and needs of North Lawndale residents. This advocacy work is essential in ensuring that the community has a voice and is able to influence decisions that impact its wellbeing.
In summary, Lawndale Christian Development Corp is a comprehensive nonprofit organization that is dedicated to the holistic revitalization of North Lawndale. By focusing on economic empowerment, housing improvement, educational enrichment, and community advocacy, it seeks to transform the lives of its community members and create a brighter future for all.
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Impact
October, 2024
Lawndale Christian Development Corp makes a significant impact on the North Lawndale community through comprehensive initiatives aimed at fostering holistic revitalization. By focusing on economic empowerment, housing improvement, educational enrichment, and community advocacy, it addresses the root causes of poverty and disinvestment in the area.
The organization enhances the quality of life for residents by developing and managing both residential and commercial properties, which helps to stabilize the housing market and encourages further investment in the community. Through partnerships aimed at ensuring educational excellence, it supports local schools and educational programs that equip residents with the skills needed to thrive.
Moreover, Lawndale Christian Development Corp acts as a catalyst for community revitalization, actively engaging residents in advocacy efforts that aim to improve their living environment and access to resources. This multi-faceted approach not only improves individual lives but also strengthens the social and economic fabric of North Lawndale, fostering a healthier and more vibrant community overall.
This information is meant to be a general summary of Lawndale Christian Development Corp. 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: $8,825
- Program Service Revenue: $824,558
- Gross Receipts: $3,354,644
Assets and Liabilities:
- Total Assets: $14,101,544
- Total Liabilities: $12,225,720
- Net Assets: $1,875,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$582,532
DEBT AMORTIZATION
Revenue
$168,488
GAIN-SALE OF ASSET
Revenue
$17,807
OTHER PROGRAM INCOME
Revenue
$42,134
PROPERTY MANAGEMENT FEES
Revenue
$13,597
Organization Details
Founding Year
1987
Phone
(773) 762-8889Principal Officer
Richard Townsell
Main Address
3843 W OGDEN AVENUE, CHICAGO, IL, 60623
Website
www.lcdc.net/NTEE Category
Code: S30 - Community improvement
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