Overview
What is Lee Homesinc?
Lee Homesinc is a nonprofit organization situated in Milford and West Bloomfield, Michigan. With a dedicated workforce of 19 individuals, their primary mission is to operate residential care facilities, specifically group homes, that cater to the needs of fourteen developmentally-disabled adults. These facilities aim to provide a safe and supportive environment for these individuals, ensuring their well-being and overall development. The organization's activities are centered around operating and managing these residential care facilities, playing a crucial role in the lives of these adults in the communities of Milford and West Bloomfield, Michigan.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Lee Homesinc has achieved a notable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The charity scored 90% in its most recent fiscal year (FY2023), reflecting a solid commitment to financial health and transparency. This high rating is attributed entirely to the Accountability & Finance category, showcasing the organization's dedication to effectively managing its resources.
The organization demonstrates impressive governance practices, with a fully independent board composed of five members, achieving perfect scores in several key areas, including audit oversight and adherence to policies for whistleblower protection and document retention. Additionally, Lee Homesinc maintains a favorable liabilities to assets ratio of 6.57%, highlighting its financial stability.
A significant strength of Lee Homesinc is its program expense ratio of 93.89%, indicating that a large portion of its expenditures directly supports its mission. However, detailed feedback regarding specific programs or community impact is limited, which could provide a more comprehensive view of the charity's effectiveness in fulfilling its objectives. Overall, Lee Homesinc exhibits strong financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Lee Homesinc legitimate?
Lee Homesinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee Homesinc 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: $95,177
Professional Fundraising Fees: $0
Other Salaries and Wages: $672,842
For more financial information, click here
What is the mission statement of Lee Homesinc?
Lee Homesinc's mission involves operating residential care facilities that cater to the needs of developmentally-disabled adults. Specifically, they operate a total of fourteen group homes in Milford and West Bloomfield, Michigan, providing a supportive living environment for these individuals. Their mission is centered around providing care and support to these adults, ensuring they can live as independently and comfortably as possible. The organization's focus is on enhancing their residents' quality of life and fostering an environment that promotes their overall well-being.
Who is the CEO of Lee Homesinc?
Diane Maguire is the Director/ Pr of Lee Homesinc.
What is the revenue of Lee Homesinc?
Lee Homesinc's revenue in 2022 was $1,074,467.
Who are the executives of Lee Homesinc and what are their salaries?
The average compensation at Lee Homesinc during 2022 was $40,422. There are 19 employees at Lee Homesinc.
Here are 4 key members and their salaries:
- Compensation: $8,140
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $87,037
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lee Homesinc?
Lee Homesinc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lee Homesinc
Lee Homesinc, a nonprofit organization, is dedicated to operating residential care facilities that cater to the needs of developmentally-disabled adults. Their mission involves providing a safe and nurturing environment for fourteen such individuals, spread across group homes situated in Milford and West Bloomfield, Michigan. The organization's primary focus is on ensuring the overall well-being and development of these adults, offering them a home away from home.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Lee Homesinc's impact lies in providing essential care and support for developmentally disabled adults in Milford and West Bloomfield, Michigan. By operating residential care facilities that house and cater to a total of fourteen individuals, Lee Homesinc plays a crucial role in enhancing the quality of life for these vulnerable members of the community. Their mission of offering specialized care services contributes to fostering a safe and supportive environment for those with developmental disabilities, ensuring their well-being and happiness. Lee Homesinc's dedication to human services reflects a commitment to the betterment of individuals with special needs, making a meaningful difference in their lives and the community as a whole.
This information is meant to be a general summary of Lee Homesinc. 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.
- Program Service Revenue: $1,068,627
- Gross Receipts: $1,074,467
Assets and Liabilities:
- Total Assets: $410,408
- Total Liabilities: $47,992
- Net Assets: $362,416
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING/PROVIDE FOR DISABLED
Revenue
$1,068,627
Organization Details
Founding Year
1977
Phone
(248) 685-2052Principal Officer
Diane Maguire
Main Address
215 EAST COMMERCE ROAD, MILFORD, MI, 48381
NTEE Category
Code: P70 - Human services
If you are a representative of Lee Homesinc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.