Overview
What is Lakeshore Cap Inc Of Wisconsin?
Lakeshore Cap Inc Of Wisconsin is a nonprofit organization situated in Manitowoc, Wisconsin. With a team of 61 dedicated individuals, their primary mission is to combat poverty in local communities. They achieve this by implementing and administering a range of community action programs. Notably, they offer emergency housing assistance and homebuyer aid to low-income households, providing vital support to those in need. This comprehensive approach to community welfare reflects Lakeshore Cap Inc Of Wisconsin's commitment to improving living standards and promoting social equity within the communities they serve.
Official website here: www.lakeshorecap.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Lakeshore Cap Inc Of Wisconsin has received an 82% score on Charity Navigator, indicating a commendable level of transparency and effectiveness in its operations. With an impressive accountability and finance score of 83%, the organization demonstrates a strong commitment to responsible financial management, highlighted by a program expense ratio of 93.27%. This suggests that a significant portion of its funds are directed toward its programs rather than administrative costs.
The organization also exhibits a robust governance structure, with 100% of its board members being independent. This is beneficial as it reduces potential conflicts of interest and fosters sound decision-making. Additionally, Lakeshore Cap has established comprehensive policies on whistleblowing, conflict of interest, and document retention, contributing to its high accountability scores. Its equity strategies score shows some room for improvement, but overall, the organization is well-rated in terms of constituent feedback and engagement.
While the ratings reflect strong performance in accountability and community culture, it is important for potential donors and stakeholders to monitor the organization's ongoing efforts in equity and inclusion. Overall, Lakeshore Cap Inc Of Wisconsin seems to be a responsible choice for those looking to support nonprofit initiatives in their community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lakeshore Cap Inc Of Wisconsin?
86% of 16 reviewers on Facebook recommend Lakeshore Cap Inc of Wisconsin. Here is a summary of their reviews:
Many individuals express satisfaction with the organization, highlighting positive experiences, particularly from those who have interned there. Interns describe the environment as amazing, suggesting that the nonprofit provides valuable opportunities and a supportive atmosphere.
Overall, it seems that Lakeshore Cap Inc delivers on its promises, fostering an engaging experience for its members and positively impacting those who get involved.
This AI summary has been generated from reviews found on Facebook.
Is Lakeshore Cap Inc Of Wisconsin legitimate?
Lakeshore Cap Inc Of Wisconsin is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeshore Cap Inc Of Wisconsin 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: $137,602
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,031,732
For more financial information, click here
Official website here: www.lakeshorecap.org
What is the mission statement of Lakeshore Cap Inc Of Wisconsin?
Lakeshore Cap Inc of Wisconsin's mission is centered around combating poverty within local communities. This organization implements and oversees a variety of community action programs with this objective in mind. One of their primary activities includes providing emergency housing assistance and homebuyer assistance to low-income households. Their mission is aimed at improving the living conditions and opportunities for individuals and families struggling with poverty.
Official website here: www.lakeshorecap.org
Who is the CEO of Lakeshore Cap Inc Of Wisconsin?
Colleen Homb is the Director of Lakeshore Cap Inc Of Wisconsin.
Official website here: www.lakeshorecap.org
What is the revenue of Lakeshore Cap Inc Of Wisconsin?
Lakeshore Cap Inc Of Wisconsin's revenue in 2022 was $4,582,951.
Official website here: www.lakeshorecap.org
Who are the executives of Lakeshore Cap Inc Of Wisconsin and what are their salaries?
The average compensation at Lakeshore Cap Inc Of Wisconsin during 2022 was $19,169. There are 61 employees and 72 volunteers at Lakeshore Cap Inc Of Wisconsin.
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Official website here: www.lakeshorecap.org
Where can I find the form 990 for Lakeshore Cap Inc Of Wisconsin?
Lakeshore Cap Inc Of Wisconsin's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeshorecap.org
Learn more at the official website: www.lakeshorecap.org
Mission Statement of Lakeshore Cap Inc Of Wisconsin
Lakeshore Cap Inc of Wisconsin is an organization dedicated to combating poverty in local communities. Their primary mission is to implement and administer various community action programs designed to address this pressing issue. By providing emergency housing assistance and homebuyer assistance to low-income households, Lakeshore Cap Inc of Wisconsin aims to contribute to breaking the cycle of poverty and fostering a more equitable society. Their efforts are focused on providing essential support to those in need, helping them secure stable housing and, in some cases, become homeowners. This approach is instrumental in promoting self-sufficiency and improving the overall quality of life for vulnerable populations.
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Impact
July, 2024
Lakeshore Cap Inc of Wisconsin's impact is focused on combating poverty in local counties. Through their community action programs, they provide emergency housing assistance and homebuyer assistance to low-income households. Their efforts help to address housing insecurity and support individuals and families in need within the community.
This information is meant to be a general summary of Lakeshore Cap Inc Of Wisconsin. 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: $14,300
- Program Service Revenue: $2,030,463
- Gross Receipts: $4,584,249
Assets and Liabilities:
- Total Assets: $4,523,378
- Total Liabilities: $3,574,588
- Net Assets: $948,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD COMMODITIES
Revenue
$1,769,610
LOAN / RENTAL INCOME
Revenue
$260,853
Organization Details
Founding Year
1966
Phone
(920) 682-3737Principal Officer
Colleen Homb
Main Address
PO BOX 2315, MANITOWOC, WI, 542212315
Website
www.lakeshorecap.orgNTEE Category
Code: Z99Z - Unknown
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