Overview
What is Love Inc Of Lake County?
Love Inc of Lake County is a nonprofit organization situated in Waukegan, Illinois, specifically at 339 North Lakewood Avenue, 60085. Their primary mission is to coordinate and unite churches within the Lake County community to address various societal needs. They accomplish this by offering resources such as furniture, clothing, and home goods, as well as conducting enrichment classes and guiding individuals to external resources. Additionally, they provide transportation assistance. The organization operates a resale thrift store, Love TWICE Thrift Boutique, which is managed by a store manager, with volunteers contributing to the sale of clothing, household decor items, kitchenware, furniture, and other items. The proceeds from the store support the nonprofit's general operations, employing a team of eight individuals.
Official website here: www.loveinclakecounty.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Love Inc Of Lake County has achieved an impressive 94% rating from Charity Navigator, indicative of a well-managed organization with strong accountability and financial practices. The organization received a perfect score for its independent board members and financial audits, demonstrating transparency and a commitment to ethical governance. With a low liabilities to assets ratio of 0.10%, the charity shows a solid financial foundation, ensuring that a significant portion of its resources is allocated directly to its programs.
The program expense ratio stands at 84.13%, reflecting a strong emphasis on programmatic spending, which translates to effective use of donations. This prioritization enhances the charity's ability to serve its mission and support the community. Additionally, the presence of well-defined policies on conflicts of interest, whistleblowing, and document retention further highlights the organization's commitment to maintaining high standards of operational integrity.
While Love Inc Of Lake County excels in financial accountability, it has a Culture & Community Score of 79, suggesting there may be areas for improvement in community engagement or diversity initiatives. Overall, the organization is highly rated for its financial health and governance but could benefit from further enhancing its community-centric strategies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Love Inc Of Lake County?
100% of 11 reviewers on Facebook recommend Love Inc Of Lake County. Here's a summary of their reviews:
The service provided by Love Inc Of Lake County is highly regarded, with users emphasizing the positive impact the organization has on individuals and families experiencing poverty. Many reviewers appreciate the holistic approach taken by the nonprofit, which not only addresses immediate physical needs but also empowers clients to improve their circumstances.
Supporters highlight the dedication of volunteers from various local churches, contributing to a community-oriented effort that fosters hope and self-sufficiency. Overall, the sentiment is overwhelmingly positive, showcasing a strong community support system and a commitment to making a lasting difference in people's lives.
This AI summary has been generated from reviews found on Facebook.
Is Love Inc Of Lake County legitimate?
Love Inc Of Lake County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Inc Of Lake County 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: $287,858
For more financial information, click here
Official website here: www.loveinclakecounty.org
What is the mission statement of Love Inc Of Lake County?
Love Inc of Lake County's mission is to unite and coordinate churches in their community, with the objective of addressing community needs in accordance with Christian values. Their efforts encompass providing essentials such as furniture, clothing, and home goods, offering life skills and enrichment classes, guiding individuals to available resources, and providing transportation assistance. The organization also manages a resale thrift store, Love Twice Thrift Boutique, whose proceeds support the organization's general operations.
Official website here: www.loveinclakecounty.org
Who is the CEO of Love Inc Of Lake County?
Gary Garland is the Executive Di of Love Inc Of Lake County.
Official website here: www.loveinclakecounty.org
What is the revenue of Love Inc Of Lake County?
Love Inc Of Lake County's revenue in 2022 was $777,322.
Official website here: www.loveinclakecounty.org
Who are the executives of Love Inc Of Lake County and what are their salaries?
The average compensation at Love Inc Of Lake County during 2022 was $35,982. There are 8 employees and 500 volunteers at Love Inc Of Lake County.
Here are 9 key members and their salaries:
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Official website here: www.loveinclakecounty.org
Where can I find the form 990 for Love Inc Of Lake County?
Love Inc Of Lake County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loveinclakecounty.org
Learn more at the official website: www.loveinclakecounty.org
Mission Statement of Love Inc Of Lake County
Love Inc of Lake County is an organization that aims to bring together churches in the Lake County community with the goal of addressing the needs of the community in the name of Christ. Their mission involves coordinating the efforts of local churches to provide various resources and support to those in need. This includes offering furniture, clothing, and other home essentials through a resale thrift store, known as Love Twice Thrift Boutique. The proceeds from this store contribute to the organization's general operations.
Beyond providing physical resources, Love Inc of Lake County also offers life skills and enrichment classes to the community. These classes aim to empower individuals and help them improve their lives. Furthermore, the organization guides people towards resources available elsewhere in the community and provides transportation assistance when necessary.
In essence, Love Inc of Lake County serves as a bridge between churches and the community, facilitating the distribution of essential items and services to those in need. Their mission is driven by a commitment to serving the community in the name of Christ, and they achieve this through a combination of direct provision and referral to other resources.
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Impact
October, 2024
Love Inc of Lake County significantly impacts the community by mobilizing local churches to address essential needs in Lake County. By organizing resources and connecting individuals with support, the organization effectively responds to various challenges faced by community members.
One of its key initiatives is the Loved Twice Thrift Boutique, which not only provides affordable clothing, household decor, kitchenware, and furniture but also serves as a vital revenue source for the organization's ongoing operations. The shop is staffed by volunteers, emphasizing community involvement and support.
Beyond retail, Love Inc offers life skills and enrichment classes, which empower individuals with critical knowledge and skills to improve their circumstances. Additionally, the organization helps guide people to other available resources and provides transportation assistance, ensuring that those in need can access the services they require.
Through its comprehensive approach to community support, Love Inc of Lake County fosters a spirit of cooperation among local churches, strengthens community ties, and directly enhances the quality of life for residents in the area.
This information is meant to be a general summary of Love Inc Of Lake County. 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: -$4,837
- Gross Receipts: $896,655
Assets and Liabilities:
- Total Assets: $1,195,987
- Total Liabilities: $1,209
- Net Assets: $1,194,778
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Organization Details
Founding Year
1994
Phone
(847) 782-8630Principal Officer
Gary Garland
Main Address
339 NORTH LAKEWOOD AVENUE, WAUKEGAN, IL, 60085
Website
www.loveinclakecounty.orgNTEE Category
Code: X24C - Religion related
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