Overview
What is Laclede Industries?
Laclede Industries is a nonprofit organization situated in Lebanon, Missouri. The primary focus of their activities lies in providing contracted services, recycling, manufacturing, construction, assembly, and labor. Their unique approach to these services aims to foster a better understanding of the trainability and employability of individuals with disabilities. The organization, with a workforce of approximately 70 employees, carries out its operations in a manner that continually emphasizes the potential and capabilities of individuals with disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Laclede Industries has earned a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance with a score of 82%. This score indicates that the organization is effectively managing its resources, ensuring transparency, and maintaining responsible financial practices. The rating is based entirely on their Accountability & Finance metrics, highlighting the nonprofit’s strong operational governance.
Strengths of Laclede Industries include its fully independent board, which boasts a perfect score for having 100% independent members. Additionally, the organization demonstrates excellent financial oversight, as evidenced by its complete compliance regarding audits and the absence of material asset diversion. It also effectively documents board meeting minutes, further illustrating its transparency.
While the overall rating is positive, it is essential to note that the score is derived from a singular focus on financial accountability. The absence of additional metrics such as impact or program effectiveness means that while Laclede Industries appears financially sound, potential donors may want more information about its overall program outcomes and community impact before making a contribution.
This AI summary has been generated from information found on Charity Navigator.
Is Laclede Industries legitimate?
Laclede Industries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laclede Industries 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: $758,570
For more financial information, click here
What is the mission statement of Laclede Industries?
Laclede Industries, through its contracted services, recycling, manufacturing, construction, assembly, and labor, aims to promote a better understanding of the trainability and employability of individuals with disabilities. By performing these services in a specific manner, the company seeks to contribute positively to the employment opportunities for individuals with handicaps. This mission underscores Laclede Industries' commitment to inclusivity and empowerment in the workplace.
What is the revenue of Laclede Industries?
Laclede Industries's revenue in 2023 was $1,620,909.
Who are the executives of Laclede Industries and what are their salaries?
The average compensation at Laclede Industries during 2023 was $11,155. There are 68 employees at Laclede Industries.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Laclede Industries?
Laclede Industries's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Laclede Industries
Laclede Industries, as a mission-driven organization, is committed to providing contracted services, recycling, manufacturing, construction, assembly, and labor. The unique aspect of their services lies in their approach, which aims to enhance the understanding of the trainability and employability of individuals with disabilities. By performing these tasks in a specific manner, Laclede Industries aims to make a significant impact in promoting employment opportunities for this group of people. This mission is carried out through various services, promoting an inclusive work environment and fostering equal opportunities for all.
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Impact
July, 2024
Laclede Industries has a significant impact on promoting the trainability and employability of handicapped persons. Through its contracted services, recycling, manufacturing, construction, assembly, and labor activities, the organization creates opportunities for individuals with disabilities to gain meaningful employment and contribute to the workforce. By offering these services in a supportive environment that values the abilities of all individuals, Laclede Industries helps to break down barriers and promote inclusivity in the workforce. Its mission revolves around empowering individuals with disabilities to showcase their skills and talents, thus fostering a better understanding of their capabilities in the workplace.
This information is meant to be a general summary of Laclede Industries. 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: $78,743
- Program Service Revenue: $808,537
- Gross Receipts: $1,620,909
Assets and Liabilities:
- Total Assets: $3,318,250
- Total Liabilities: $39,997
- Net Assets: $3,278,253
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RECYCLING MANUFACTORING SUP
Revenue
$699,357
PROGRAM SERVICE REVENUE
Revenue
$109,180
Organization Details
Founding Year
1974
Principal Officer
Heath Barber
NTEE Category
Code: J330 - Employment
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