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Lift Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 381845192 ✦ Kalamazoo, MI ✦ Designated as a 501(c)(3)

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Overview

What is Lift Foundation?

The Lift Foundation, as described, is a nonprofit organization that primarily focuses on providing housing solutions for low-income families. Located within a community, it operates a neighborhood network center designed to foster self-sufficiency. The organization's programs include housing development and support, aiming to provide a stable living environment while empowering families towards financial independence.


Official website here: www.theliftfoundation.org

Is Lift Foundation legitimate?

Lift Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lift Foundation 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: $37,812

For more financial information, click here


Official website here: www.theliftfoundation.org

What is the mission statement of Lift Foundation?

The Lift Foundation, through its project New Horizon Village, is committed to providing housing for families with low income. The organization's mission is to assist these families in achieving self-sufficiency by offering a neighborhood network center. Their activities include housing development and support programs to aid in this mission.


Official website here: www.theliftfoundation.org

Who is the CEO of Lift Foundation?

Carole Mcnees is the President of Lift Foundation.


Official website here: www.theliftfoundation.org

What is the revenue of Lift Foundation?

Lift Foundation's revenue in 2022 was $2,555,373.


Official website here: www.theliftfoundation.org

Who are the executives of Lift Foundation and what are their salaries?

There 9 volunteers at Lift Foundation.


Here are 10 key members and their salaries:


Carole Mcnees (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Anderson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Velkoff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Mcglinn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Artrella Cohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Randolph-Ledbetter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hassevoort (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Milks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalie Novara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theliftfoundation.org

Where can I find the form 990 for Lift Foundation?

Lift Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theliftfoundation.org

Learn more at the official website: www.theliftfoundation.org

Mission Statement of Lift Foundation

The Lift Foundation, as an organization, is dedicated to providing housing for families with limited income. Its mission is to establish New Horizon Village, a residential community, which serves as a home for these families. Beyond just offering housing, Lift Foundation aims to foster self-sufficiency among its residents. To accomplish this, it provides a neighborhood network center, where additional programs and support services are available. These programs include housing development and assistance, aimed at helping families become more independent and improve their living circumstances.

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Impact




October, 2024

Lift Foundation has made a significant impact by providing stable housing for low-income families through its initiative, New Horizon Village, located in Kalamazoo, Michigan. This organization not only addresses the immediate need for housing but also fosters self-sufficiency by creating a supportive community environment.

Through the neighborhood network center, families gain access to various programs focused on housing development and support, empowering them to improve their living conditions and enhance their economic stability. By prioritizing both housing solutions and community resources, Lift Foundation helps families build a foundation for a better future.




This information is meant to be a general summary of Lift Foundation. 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.

Revenue
$2,555,373 (2022)
Expenses
$762,351 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,462
  • Program Service Revenue: $395,012
  • Gross Receipts: $2,555,373

Assets and Liabilities:

  • Total Assets: $9,883,091
  • Total Liabilities: $4,181,609
  • Net Assets: $5,701,482

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RELATED PARTY FEES

Revenue

$314,177

TENANT RENTS

Revenue

$73,710

TENANT RENTS - VOUCHERS

Revenue

$34,761

MISCELLANEOUS

Revenue

$10,312

TENANT CONCESSIONS

Revenue

$747

Organization Details

Founding Year

1966

Principal Officer

Carole Mcnees

Main Address

2725 AIRVIEW BLVD STE 202, KALAMAZOO, MI, 49002

NTEE Category

Code: P42Z - Human services

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