Lakeshore Childcare Center Inc

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

EIN: 391287510 ✦ Manitowoc, WI ✦ Designated as a 501(c)(3)

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Overview

What is Lakeshore Childcare Center Inc?

Lakeshore Childcare Center Inc is a nonprofit organization that specializes in offering childcare services. Located within their facilities, they provide certified programs catering to infants up to the age of seven. Their primary mission revolves around ensuring the well-being and development of young children during their formative years.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Lakeshore Childcare Center Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. With an overall score of 79%, the organization demonstrates strong governance practices, including a fully independent board and effective conflict of interest and whistleblower policies. The center shows a commitment to transparency with documented meeting minutes and a well-managed asset-to-liability ratio.

Additionally, Lakeshore Childcare Center excels in its program expense ratio, with nearly 93% of its expenditures directed towards programs. This suggests a focus on effectively delivering services to the community rather than administrative costs. The absence of material diversions of assets further highlights its fiscal responsibility and integrity in operations.

Despite the positive aspects, the rating reflects the need for continued efforts to enhance other areas of accountability to achieve higher ratings. Nevertheless, the current strengths, particularly in governance and program efficacy, indicate that Lakeshore Childcare Center is making strides toward its mission of providing quality childcare.


This AI summary has been generated from information found on Charity Navigator.

Is Lakeshore Childcare Center Inc legitimate?

Lakeshore Childcare Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeshore Childcare Center 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: $55,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $381,620

For more financial information, click here

What is the mission statement of Lakeshore Childcare Center Inc?

Lakeshore Childcare Center Inc. is committed to providing child care services. Their mission is to offer programs that are certified for children ranging from infancy to the age of 7. The center aims to ensure a nurturing environment for these young ones, promoting their overall development. By offering such services, Lakeshore Childcare Center Inc. contributes to the well-being and growth of young children, providing them with a solid foundation for their future. The center's offerings are designed to support the needs of families, offering them peace of mind and confidence in the care of their children.

Who is the CEO of Lakeshore Childcare Center Inc?

Gary Opichka is the Executive Director of Lakeshore Childcare Center Inc.

What is the revenue of Lakeshore Childcare Center Inc?

Lakeshore Childcare Center Inc's revenue in 2022 was $573,409.

Who are the executives of Lakeshore Childcare Center Inc and what are their salaries?

The average compensation at Lakeshore Childcare Center Inc during 2022 was $19,878. There are 22 employees at Lakeshore Childcare Center Inc.


Here are 6 key members and their salaries:


Eileen Junk (Executive Director)
  • Compensation: $55,704
  • Related: $0
  • Other: $0
Gary Opichka (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Eggert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Steltz (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Mynhler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jewell Scharebruch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lakeshore Childcare Center Inc?

Lakeshore Childcare Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lakeshore Childcare Center Inc

Lakeshore Childcare Center Inc, as a nonprofit organization, is dedicated to providing child care services. This mission is carried out through the offering of programs that are specifically certified for infants up to the age of seven. By offering these services, Lakeshore Childcare Center aims to contribute to the overall wellbeing and development of young children, providing a safe and nurturing environment for them during their formative years. The center's focus on child care services and programs for infants to seven-year-olds underscores its commitment to supporting the early years of a child's life, a crucial period in their development.

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Impact




July, 2024

Lakeshore Childcare Center Inc's impact lies in providing essential child care services to the community of Manitowoc, Wisconsin. By offering certified programs for infants up to age 7, the center plays a vital role in supporting working parents and ensuring the well-being and development of young children. Through its mission to provide quality child care services, Lakeshore Childcare Center Inc contributes to the overall welfare of families and the community as a whole.




This information is meant to be a general summary of Lakeshore Childcare Center 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.

Revenue
$573,409 (2022)
Expenses
$595,762 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $217
  • Program Service Revenue: $428,849
  • Gross Receipts: $574,535

Assets and Liabilities:

  • Total Assets: $279,356
  • Total Liabilities: $910
  • Net Assets: $278,446

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Programs

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

Childcare Fees

Revenue

$428,849

Organization Details

Founding Year

1977

Principal Officer

Gary Opichka

Main Address

3400 Division Street, Manitowoc, WI, 54220

NTEE Category

Code: P33 - Human services

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