Overview
What is Laborers Home Development?
Laborers Home Development, situated in Jacksonville, Illinois, is a nonprofit organization dedicated to addressing housing needs for individuals with limited financial resources. This organization is distinguished by its programs that primarily focus on providing low-income housing and supportive services. By doing so, Laborers Home Development aims to contribute positively to the community and improve the living conditions of its residents.
Is Laborers Home Development legitimate?
Laborers Home Development is a legitimate nonprofit organization registered as a 501(c)(4) entity. Laborers Home Development 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: $99,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,273
For more financial information, click here
What is the mission statement of Laborers Home Development?
Laborers Home Development is dedicated to providing low-income housing solutions through its various programs. As an organization, it offers housing support services, aiming to make a positive impact on individuals in need. Although the information provided does not include a formal mission statement, it can be inferred that their mission is to facilitate affordable housing options and assist those who require housing support.
Who is the CEO of Laborers Home Development?
Jayne Lourash is the Executive Director of Laborers Home Development.
What is the revenue of Laborers Home Development?
Laborers Home Development's revenue in 2022 was $827,857.
Who are the executives of Laborers Home Development and what are their salaries?
The average compensation at Laborers Home Development during 2022 was $28,941. There are 9 employees at Laborers Home Development.
Here are 5 key members and their salaries:
- Compensation: $99,194
- 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
Where can I find the form 990 for Laborers Home Development?
Laborers Home Development's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laborers Home Development
Laborers Home Development, an organization based in Jacksonville, IL, is dedicated to providing low-income housing through its various programs. This nonprofit organization offers housing support services, working towards ensuring that individuals in need have access to suitable living accommodations. By focusing on low-income housing, Laborers Home Development aims to contribute significantly to the well-being of its community. Although the provided information does not delve into the specifics of their approach or the extent of their services, it is clear that their mission is centered around providing housing solutions for those in need.
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Impact
October, 2024
Laborers Home Development significantly impacts the community by providing low-income housing and essential housing support services. Based in Jacksonville, IL, the organization addresses critical housing needs, helping individuals and families secure stable and affordable living conditions. By offering these services, Laborers Home Development enhances the quality of life for its residents, fostering greater community stability and well-being. Their commitment to improving housing accessibility contributes to social equity and community improvement, making a lasting positive difference in the lives of those they serve.
This information is meant to be a general summary of Laborers Home Development. 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: $74,839
- Program Service Revenue: $743,882
- Gross Receipts: $827,857
Assets and Liabilities:
- Total Assets: $17,328,463
- Total Liabilities: $14,245
- Net Assets: $17,314,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM PASSTHROUG
Revenue
$480,389
MANAGEMENT FEE
Revenue
$143,485
GENERAL AND ADMIN INCO
Revenue
$120,008
Organization Details
Founding Year
1970
Phone
(217) 243-4942Principal Officer
Jayne Lourash
Main Address
200 LABOR DRIVE, JACKSONVILLE, IL, 62650
NTEE Category
Code: S41 - Community improvement
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