Overview
What is Lakestate Industries?
Lakestate Industries is a nonprofit organization situated in Escanaba, Michigan. With a strong focus on vocational rehabilitation, they offer services to individuals with various abilities, aiming to develop essential skills such as dependability, work independence, and job retention. Their work encompasses managing production, wood, and furniture assembly shops, overseeing the Delta County Recycling Center, and providing community services. Their mission is to help people recognize and maximize their abilities, overcome barriers, and support them in achieving their highest level of employment and community inclusion. As of the provided information, they employ 314 individuals to carry out these endeavors.
Official website here: www.lakestateindustries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Lakestate Industries has earned a Three-Star rating from Charity Navigator, reflecting a solid overall score primarily based on its accountability and financial practices. The organization demonstrates strong governance with a fully independent board and no material diversion of assets, which are positive indicators of its operational integrity.
Strengths include a high program expense ratio of 77.47%, signifying that a significant portion of its expenditures directly supports its programs. The organization also adheres to best practices by maintaining a comprehensive conflict of interest policy and whistleblower policy, thus fostering transparency and trust.
While the rating is commendable, it is important to note that the score is derived solely from the Accountability & Finance category. There may be additional factors regarding program effectiveness or community impact that are not captured in this rating, suggesting the need for potential donors to seek further information when considering their support.
This AI summary has been generated from information found on Charity Navigator.
Is Lakestate Industries legitimate?
Lakestate Industries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakestate Industries 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: $108,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,974,070
For more financial information, click here
Official website here: www.lakestateindustries.org
What is the mission statement of Lakestate Industries?
Lakestate Industries is committed to designing and implementing programs aimed at supporting individuals with cognitive, emotional, and physical disabilities. Their mission is to assist these individuals in recognizing and maximizing their abilities, overcoming barriers, and helping them achieve their highest level of employment and community inclusion. Through vocational rehabilitation services, Lakestate Industries focuses on developing skills such as dependability, work independence, and job seeking and retention abilities. They also operate production, wood, and furniture assembly shops, manage recycling centers, and provide various community services to further empower these individuals.
Official website here: www.lakestateindustries.org
Who is the CEO of Lakestate Industries?
Cheryl Ohman is the President of Lakestate Industries.
Official website here: www.lakestateindustries.org
What is the revenue of Lakestate Industries?
Lakestate Industries's revenue in 2022 was $2,752,479.
Official website here: www.lakestateindustries.org
Who are the executives of Lakestate Industries and what are their salaries?
The average compensation at Lakestate Industries during 2022 was $6,632. There are 314 employees and 11 volunteers at Lakestate Industries.
Here are 12 key members and their salaries:
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- Compensation: $96,266
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- Other: $8,860
Official website here: www.lakestateindustries.org
Where can I find the form 990 for Lakestate Industries?
Lakestate Industries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakestateindustries.org
Learn more at the official website: www.lakestateindustries.org
Mission Statement of Lakestate Industries
Lakestate Industries, a nonprofit organization, is dedicated to planning and implementing programs aimed at supporting individuals with cognitive, emotional, and/or physical disabilities. Their mission is twofold: firstly, to help these individuals recognize and maximize their abilities, and secondly, to assist them in overcoming barriers and reaching their highest level of employment and community inclusion.
In practical terms, Lakestate Industries provides vocational rehabilitation services to individuals with varying abilities. Their approach focuses on developing essential skills such as dependability, work independence, work performance, attitude, behavior, social and self-help skills, as well as job seeking and retention skills. This holistic approach allows individuals to not only gain employment but also thrive in their roles and contribute positively to their communities.
Furthermore, Lakestate Industries operates various facilities to support this mission. They have managed production, wood, and furniture assembly shops where individuals can gain hands-on experience in various industries. Additionally, they have operated the Delta County Recycling Center, providing an opportunity for individuals to learn about environmental conservation and waste management. Furthermore, Lakestate Industries has provided janitorial and other community services, offering individuals the chance to contribute to their local communities while gaining valuable work experience.
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Impact
July, 2024
Lakestate Industries has a significant impact on individuals with cognitive, emotional, and/or physical disabilities by providing vocational rehabilitation services that focus on skill development and independence. Through programs aimed at enhancing job seeking and retention skills, as well as social and self-help skills, Lakestate Industries plays a vital role in helping individuals recognize and maximize their abilities. By operating production, wood and furniture assembly shops, managing a recycling center, and offering janitorial and other community services, Lakestate Industries not only supports individuals in reaching their highest level of employment but also promotes community inclusion. This organization's commitment to empowering individuals with varying abilities contributes to creating a more inclusive and supportive society.
This information is meant to be a general summary of Lakestate Industries. 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: -$22,509
- Program Service Revenue: $2,339,215
- Gross Receipts: $4,919,228
Assets and Liabilities:
- Total Assets: $1,976,237
- Total Liabilities: $227,146
- Net Assets: $1,749,091
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESPITE/CLS SERVICES
Revenue
$643,399
SIP HOMES
Revenue
$626,837
COMMUNITY EMPLOYMENT PROGRAM
Revenue
$334,726
ENCLAVE/JANITORIAL SERVICES
Revenue
$273,555
DELTA WIDE RECYCLING
Revenue
$213,942
Organization Details
Founding Year
1973
Phone
(906) 786-9212Principal Officer
Cheryl Ohman
Main Address
PO BOX 279, ESCANABA, MI, 49829
Website
www.lakestateindustries.orgNTEE Category
Code: J30Z - Employment
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