Overview
What is La-Mas Inc?
La-Mas Inc is a community-focused nonprofit organization situated in Northeast Los Angeles, California. Their mission revolves around fostering cooperative living and working arrangements, promoting community connections with nature, and encouraging collective action. They achieve this through capacity building, popular education, and outdoor gatherings. Additionally, La-Mas Inc supports the development of worker cooperatives, promotes non-monetary resource exchanges, and cultivates a local vendor ecosystem. The organization also assists residents in collectively purchasing and managing housing, advocating for policy changes, and providing technical and financial support. With a focus on regenerative economies and resident-led housing, La-Mas Inc aims to create a sustainable and equitable community in Northeast LA.
Official website here: www.mas.la
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
La-Mas Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization has achieved an impressive score in various criteria, with a perfect score of 100% for independent board members and no material diversion of assets. This rating is particularly significant as it highlights the charity's commitment to transparency and good governance.
The organization demonstrates a high program expense ratio of 86.71%, indicating a substantial portion of its resources is allocated to its mission-driven activities. Additionally, La-Mas Inc has implemented sound policies, including a conflict of interest and whistleblower policy, ensuring ethical operations. The charity's liabilities to assets ratio of 46.49% also suggests a balanced financial position, providing stakeholders with confidence in its fiscal health.
However, while the overall score is commendable, it is derived solely from accountability and finance metrics, which may limit insights into program effectiveness or impact. Future evaluations may benefit from incorporating a broader range of performance indicators to provide a more comprehensive view of the organization’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is La-Mas Inc legitimate?
La-Mas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La-Mas Inc 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: $87,831
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,388
For more financial information, click here
Official website here: www.mas.la
What is the mission statement of La-Mas Inc?
La-Mas Inc, as a community organization, is dedicated to fostering cooperative living and working arrangements in Northeast LA. Their vision is to transform the relationship between people, land, and labor, envisioning a regenerative community. The organization's mission encompasses community-building, popular education, capacity-building, and cooperative development. By shifting mindsets and behaviors towards community care and showcasing alternative economic and housing models, La-Mas Inc aims to create a hyperlocal version of an equitable and cooperative society, with community members at the forefront. Their work also promotes stability and self-determination for working-class communities of color in Northeast LA, nurturing a culture of cooperation and solidarity.
Official website here: www.mas.la
Who is the CEO of La-Mas Inc?
Helen Leung is the Executive Director of La-Mas Inc.
Official website here: www.mas.la
What is the revenue of La-Mas Inc?
La-Mas Inc's revenue in 2022 was $562,006.
Official website here: www.mas.la
Who are the executives of La-Mas Inc and what are their salaries?
The average compensation at La-Mas Inc during 2022 was $52,902. There are 8 employees and 60 volunteers at La-Mas Inc.
Here are 7 key members and their salaries:
- Compensation: $87,831
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- Other: $0
Official website here: www.mas.la
Where can I find the form 990 for La-Mas Inc?
La-Mas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mas.la
Learn more at the official website: www.mas.la
Mission Statement of La-Mas Inc
La-Mas Inc, a community organization based in Northeast LA, is dedicated to fostering cooperative living and working arrangements. Their mission is threefold: community-building, popular education, and cooperative development. By focusing on these areas, La-Mas Inc aims to shift perspectives and behaviors towards community care. They envision a regenerative Northeast LA, where the relationship between people, labor, and land is transformed into a model of sustainability and cooperation.
In practice, La-Mas Inc engages in a variety of activities. They work towards community building by nurturing a culture of cooperation and solidarity. This is achieved through popular education, which involves sharing knowledge and skills to empower individuals and communities. Furthermore, La-Mas Inc is committed to cooperative development, demonstrating alternative economic and housing models that prioritize community well-being. By embodying these principles, La-Mas Inc is actively constructing a hyperlocal vision of a more equitable and cooperative society, with the community at the forefront. By doing so, they aim to provide stability and self-determination for working-class communities of color in Northeast LA.
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Impact
July, 2024
La-Mas Inc's impact can be seen in its efforts to create and sustain cooperative systems of living and working together in Northeast LA. Through their focus on community tending, regenerative economies, and resident-led housing, La-Mas Inc is actively working towards transforming the relationship between individuals and the environment, labor, and care in the region. By engaging in capacity-building, popular education, and cooperative development, La-Mas Inc is helping to shift mindsets and behaviors towards community care and alternative economic and housing models. This approach is aimed at building a hyperlocal version of the world we want to see, with the community at the forefront. Through their work, La-Mas Inc is fostering stability and self-determination for working class communities of color in Northeast LA.
This information is meant to be a general summary of La-Mas Inc. 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: $166
- Gross Receipts: $569,268
Assets and Liabilities:
- Total Assets: $666,730
- Total Liabilities: $310,003
- Net Assets: $356,727
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Organization Details
Founding Year
2012
Phone
(213) 465-0410Principal Officer
Helen Leung
Main Address
2806 Clearwater Street, Los Angeles, CA, 90039
Website
www.mas.laNTEE Category
Code: U40 - Science research
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