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Lake City Day Care Inc

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

EIN: 421388354 ✦ Lake city, IA ✦ Designated as a 501(c)(3)

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Overview

What is Lake City Day Care Inc?

Lake City Day Care Inc, based at 1301 W Main St, Lake City, Iowa 51449, is a nonprofit organization dedicated to serving families in Lake City and its surrounding communities. With a staff of 33, they provide licensed daycare services that are not easily accessible elsewhere in the area, catering to over 90 children. The organization has faced a challenge in recent times with food costs increasing by 38%, primarily due to price hikes and an increase in enrolled children. They adhere to strict food program regulations, ensuring the right type and quantity of food is served to the children under their care.

Is Lake City Day Care Inc legitimate?

Lake City Day Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake City Day Care 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: $176,676

For more financial information, click here

What is the mission statement of Lake City Day Care Inc?

Lake City Day Care Inc's mission is centered around providing licensed daycare services that are not readily accessible elsewhere. Their primary objective is to cater to the needs of over 90 children from various families. In the face of rising food costs and an increase in enrolled children, they have committed to adhering to food program regulations regarding the type and quantity of food served.

Who is the CEO of Lake City Day Care Inc?

Nicole Bixenstine is the Vice-President of Lake City Day Care Inc.

What is the revenue of Lake City Day Care Inc?

Lake City Day Care Inc's revenue in 2022 was $329,695.

Who are the executives of Lake City Day Care Inc and what are their salaries?

The average compensation at Lake City Day Care Inc during 2022 was $5,354. There are 33 employees at Lake City Day Care Inc.


Here are 6 key members and their salaries:


Jim Henkenius (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Bixenstine (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Green (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Blair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Daniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake City Day Care Inc?

Lake City Day Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lake City Day Care Inc

Lake City Day Care Inc, as a nonprofit organization, is committed to providing daycare services to families residing in Lake City and its surrounding communities. Their mission is twofold: firstly, they aim to offer licensed daycare services that are not readily available within the area, and secondly, they seek to cater to over 90 children. This mission is driven by the need to provide a vital service that enhances the lives of families in their community, ensuring that children have a safe and nurturing environment while their parents attend to their daily activities. The organization adheres to strict food program regulations, which dictate the type and quantity of food served, to ensure the well-being of the enrolled children.

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Impact




October, 2024

Lake City Day Care Inc plays a crucial role in the community by providing essential daycare services for families in Lake City and the surrounding areas. The organization offers licensed daycare that meets regulatory standards, ensuring that children receive safe and nurturing care while their parents are at work or attending to other responsibilities.

With a focus on supporting over 90 children, Lake City Day Care Inc not only meets a vital need for childcare but also adapts to changing circumstances, such as rising food costs which increased by 38% due to both the escalation of food prices and a growing number of enrolled children. This commitment to quality care extends beyond supervision, as it adheres to food program regulations, guaranteeing that children receive the appropriate types and quantities of nutritious food.

By providing these comprehensive services, Lake City Day Care Inc fosters a supportive environment for children and peace of mind for parents, contributing to the overall well-being and stability of families in the community. The impact of their work resonates through improving access to early childhood education and social interaction, which are foundational for a child's development.




This information is meant to be a general summary of Lake City Day Care 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
$329,695 (2022)
Expenses
$306,925 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $325,401
  • Gross Receipts: $329,695

Assets and Liabilities:

  • Total Assets: $373,148
  • Total Liabilities: $112,100
  • Net Assets: $261,048

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Programs

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

DAYCARE FEES

Revenue

$325,401

Organization Details

Founding Year

1992

Principal Officer

Nicole Bixenstine

Main Address

1301 W Main St, Lake City, IA, 51449

NTEE Category

Code: P33 - Human services

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