Overview
What is Lafayette Industries North Inc?
Lafayette Industries North Inc, situated in Manchester, Missouri, is a dedicated nonprofit organization. Its primary mission is to offer meaningful, sustainable, and fulfilling employment opportunities to adults with developmental and various disabilities. The organization operates a sheltered workshop, providing services to clients certified by Vocational Rehabilitation. The primary activity of Lafayette Industries North Inc is centered around the packaging industry, aiming to provide long-lasting careers for those it serves. This nonprofit's mission is to empower individuals with disabilities to reach their full potential, ultimately delivering high-quality and valuable services to businesses and the community. With a workforce of 184 employees, Lafayette Industries North Inc is committed to enhancing the lives of its team members and contributing positively to the community.
Official website here: www.lafayetteindustries.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lafayette Industries North Inc has received an 81% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The charity's score is derived solely from its performance in this area, showcasing a robust framework of governance and financial practices. The organization achieved perfect scores in multiple categories, indicating a commitment to transparency and responsible management.
The organization boasts a fully independent board, with 15 members who contribute to its decision-making, and no material diversion of assets has been reported. Additionally, Lafayette Industries has established comprehensive policies, including conflict of interest and whistleblower policies, further enhancing its operational integrity. The high program expense ratio of 84.02% suggests that a significant portion of its funds is directed towards fulfilling its mission.
While the rating is commendable, the reliance on a single beacon score may limit the overall perception of the organization's effectiveness in other areas. Nonetheless, Lafayette Industries North Inc stands out for its accountability and financial responsibility, making it a trusted choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Lafayette Industries North Inc legitimate?
Lafayette Industries North Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafayette Industries North 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: $257,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,769,529
For more financial information, click here
Official website here: www.lafayetteindustries.com
What is the mission statement of Lafayette Industries North Inc?
Lafayette Industries North Inc's mission is centered around providing meaningful and long-lasting career opportunities in the packaging industry for adults with developmental disabilities. By empowering these individuals to reach their full potential, the organization delivers quality and valuable services to businesses and the community. Their operations include running a shelter workshop, providing employment for individuals with developmental and other disabilities, and serving clients certified by vocational rehabilitation.
Official website here: www.lafayetteindustries.com
Who is the CEO of Lafayette Industries North Inc?
Robert Libera is the President of Lafayette Industries North Inc.
Official website here: www.lafayetteindustries.com
What is the revenue of Lafayette Industries North Inc?
Lafayette Industries North Inc's revenue in 2022 was $3,110,819.
Official website here: www.lafayetteindustries.com
Who are the executives of Lafayette Industries North Inc and what are their salaries?
The average compensation at Lafayette Industries North Inc during 2022 was $11,014. There are 184 employees at Lafayette Industries North Inc.
Here are 18 key members and their salaries:
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- Related: $190,303
- Other: $7,233
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- Related: $124,768
- Other: $7,077
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- Related: $113,969
- Other: $265
Official website here: www.lafayetteindustries.com
Where can I find the form 990 for Lafayette Industries North Inc?
Lafayette Industries North Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lafayetteindustries.com
Learn more at the official website: www.lafayetteindustries.com
Mission Statement of Lafayette Industries North Inc
Lafayette Industries North Inc is dedicated to providing fulfilling, long-term career opportunities in the packaging industry for adults with developmental disabilities. By nurturing the potential of each individual within their employ, this organization delivers high-quality and valuable services to businesses and the wider community. Their primary mission is to offer meaningful employment opportunities to adults with developmental and other disabilities, thereby enabling them to reach their full potential. Operating a sheltered workshop, Lafayette Industries North Inc provides employment for individuals certified by Vocational Rehabilitation, contributing positively to both the individuals and the businesses they serve.
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Impact
July, 2024
Lafayette Industries North Inc has a significant impact on the lives of adults with developmental and other disabilities by providing them with meaningful and long-lasting careers in the packaging industry. By operating a sheltered workshop and offering employment opportunities to this underserved population, Lafayette Industries North Inc is not only empowering individuals with disabilities but also contributing positively to the community and businesses it serves. Through its mission of helping individuals achieve their full potential, the organization delivers valuable services and promotes inclusivity in the workplace.
This information is meant to be a general summary of Lafayette Industries North 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 2022.
- Program Service Revenue: $1,037,204
- Gross Receipts: $3,110,819
Assets and Liabilities:
- Total Assets: $5,697,416
- Total Liabilities: $6,163,049
- Net Assets: -$465,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$1,037,204
Organization Details
Founding Year
1976
Phone
(636) 227-5666Principal Officer
Robert Libera
Main Address
179 GAYWOOD DRIVE, MANCHESTER, MO, 63021
Website
www.lafayetteindustries.comNTEE Category
Code: J330 - Employment
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