Overview
What is Southern Lakes Area Love Inc?
Southern Lakes Area Love Inc is a nonprofit organization situated in Burlington, Wisconsin. With a strong community support system, they offer assistance to over a thousand households annually in Western Racine County. Their services extend beyond statistics, providing aid during disasters, medical crises, and severe financial hardships. They offer food assistance, adopting approximately 900 children each year during the Christmas season, and lending out medical equipment through their Medical Supply Program. Approximately 1,500 pieces of medical equipment are distributed annually. Their unique approach involves establishing cooperative relationships between local agencies and churches, tapping into untapped church resources to meet community needs. With a workforce of 59 individuals, they are committed to supporting those facing the greatest challenges, enabling them to pull through their hardships and succeed.
Official website here: www.love-inc.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
Southern Lakes Area Love Inc has achieved a solid Three-Star rating from Charity Navigator, primarily driven by its high Accountability & Finance score of 87%. This rating indicates that the organization adheres to robust financial practices and transparency, which is a positive sign for potential donors. The charity boasts a fully independent board, devoid of any material diversion of assets, and has a commendable program expense ratio of 89.14%, signaling effective allocation of funds towards its mission.
However, there are notable limitations in the organization’s governance policies. Specifically, it is lacking a whistleblower policy and a document retention and destruction policy, both of which are critical for ensuring accountability and protecting organizational integrity. While these areas of improvement do not severely undermine the overall rating, they suggest that there is room for enhancement in governance practices.
Overall, Southern Lakes Area Love Inc demonstrates strong financial health and operational transparency, making it a trustworthy option for those looking to support its mission. Addressing the gaps in governance could further strengthen its standing and reassure donors of its commitment to best practices.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Lakes Area Love Inc legitimate?
Southern Lakes Area Love Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Lakes Area Love 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $866,149
For more financial information, click here
Official website here: www.love-inc.net
What is the mission statement of Southern Lakes Area Love Inc?
Southern Lakes Area Love Inc aims to establish a cooperative relationship between local agencies and churches, leveraging untapped church resources to meet community needs. This organization plays a significant role in addressing various challenges faced by over 1000 households annually in Western Racine County. Each year, nearly 10,000 family members are provided with food, about 900 children are adopted during the Christmas assistance program, and approximately 1,500 pieces of medical equipment are loaned out through their medical supply program. However, the organization's impact extends beyond statistics. With community support, Southern Lakes Area Love Inc is always ready to offer aid during disasters, medical crises, and severe financial challenges. By providing a supportive shoulder, they help individuals overcome their hardships, enabling them to regain their footing and succeed.
Official website here: www.love-inc.net
What is the revenue of Southern Lakes Area Love Inc?
Southern Lakes Area Love Inc's revenue in 2023 was $2,232,236.
Official website here: www.love-inc.net
Who are the executives of Southern Lakes Area Love Inc and what are their salaries?
The average compensation at Southern Lakes Area Love Inc during 2023 was $14,680. There are 59 employees and 116 volunteers at Southern Lakes Area Love Inc.
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Official website here: www.love-inc.net
Where can I find the form 990 for Southern Lakes Area Love Inc?
Southern Lakes Area Love Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.love-inc.net
Learn more at the official website: www.love-inc.net
Mission Statement of Southern Lakes Area Love Inc
Southern Lakes Area Love Inc establishes a collaborative helping relationship between local agencies and churches, with the aim of utilizing untapped church resources to meet community needs. This non-profit organization plays a crucial role in providing assistance to over a thousand households each year, feeding nearly ten thousand family members through its food pantry, and adopting approximately nine hundred children during its Christmas assistance program. However, the most significant impact of Southern Lakes Area Love Inc is not measurable through statistics. By offering support during times of disaster, medical crises, and severe financial challenges, this non-profit organization provides a shoulder to lean on, empowering individuals to overcome their hardships and succeed. The success of Southern Lakes Area Love Inc is a testament to the power of a community working together to uplift its members and make a positive difference in people's lives.
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Impact
July, 2024
Southern Lakes Area Love Inc has a significant impact on the community of Western Racine County in Wisconsin. Through their various programs, they serve over 1000 households each year, providing food assistance to nearly 10,000 family members through their food pantry. Additionally, around 900 children are supported through their Christmas assistance program, and over 1,500 pieces of medical equipment are loaned out annually through their medical supply program.
However, the true impact of Southern Lakes Area Love Inc goes beyond these numbers. With the support of the community, they are able to provide aid to those facing the greatest hardships, including disasters, medical crises, and severe financial challenges. By offering a shoulder to lean on, they help individuals pull themselves back up and succeed. This organization embodies a spirit of community collaboration to truly change lives for the better.
This information is meant to be a general summary of Southern Lakes Area Love 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 2023.
- Investment Income: $2,550
- Program Service Revenue: $1,020,495
- Gross Receipts: $2,232,236
Assets and Liabilities:
- Total Assets: $2,092,984
- Total Liabilities: $59,068
- Net Assets: $2,033,916
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STORE SALES
Revenue
$1,020,495
Organization Details
Founding Year
1984
Principal Officer
John Schmidt
Website
www.love-inc.netNTEE Category
Code: P400 - Human services
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