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Lafayette Square Inc

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

EIN: 411405047 ✦ Macomb, IL ✦ Designated as a 501(c)(3)

Overview

What is Lafayette Square Inc?

Lafayette Square Inc is a nonprofit organization established in Macomb, Illinois, dedicated to serving the housing needs of senior citizens and individuals with disabilities. Operating as a retirement community, Lafayette Square provides essential housing solutions for those in need, contributing to their comfort and well-being. The organization's primary mission is to cater to this specific demographic, offering a supportive environment and fostering a sense of community within its Macomb location.


Is Lafayette Square Inc legitimate?

Lafayette Square Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafayette Square 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,158

For more financial information, click here


What is the mission statement of Lafayette Square Inc?
Who is the CEO of Lafayette Square Inc?
What is the revenue of Lafayette Square Inc?
Who are the executives of Lafayette Square Inc and what are their salaries?
Where can I find the form 990 for Lafayette Square Inc?

Mission Statement of Lafayette Square Inc

Lafayette Square Inc, a nonprofit organization, is dedicated to providing senior and disabled housing. Serving as a retirement community, Lafayette Square caters specifically to the needs of senior citizens. Its mission is to offer a comfortable and supportive living environment for individuals who require specialized care due to their age or disabilities. By providing senior and disabled housing, Lafayette Square aims to contribute positively to the lives of its residents, ensuring they can live with dignity and independence.

Impact

This information is meant to be a general summary of Lafayette Square Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Lafayette Square Inc has a significant impact on the community by providing essential senior and disabled housing services in Macomb, IL. Their mission to serve as a retirement community for seniors in need contributes to maintaining the well-being and quality of life for vulnerable individuals in the area. Through their focus on health and housing, Lafayette Square plays a crucial role in supporting the aging population and those with disabilities, ensuring they have a safe and comfortable living environment.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $628
  • Program Service Revenue: $1,237,506
  • Gross Receipts: $1,238,134

    • Assets and Liabilities:
  • Total Assets: $1,311,203
  • Total Liabilities: $3,408,741
  • Net Assets: -$2,097,538
  • Programs

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

    Rental Revenues

    Revenue

    $1,217,923

    Tenant Charges

    Revenue

    $19,583

    Organization Details

    Founding Year

    1978

    Principal Officer

    Karen Foster

    Main Address

    100 West Jefferson St, Macomb, IL, 614552160

    NTEE Category

    Code: E91 - Health

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