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Lifecycle Building Center Inc

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

EIN: 452645951 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Lifecycle Building Center Inc?

Lifecycle Building Center Inc, a nonprofit organization based in Atlanta, Georgia, focuses on environmental stewardship and community resilience. By operating a material reuse center, they provide affordable, reclaimed building materials, prioritizing those residing in low-income communities nearby. Established in 2011, the center has diverted 12 million pounds of usable building materials from landfills and saved the community $5.5 million through discounted materials and in-kind grants to 280 nonprofit organizations. The center, open five days a week, houses salvaged materials such as doors, windows, cabinetry, hardware, flooring, appliances, plumbing, lighting, lumber, architectural components, and more. Lifecycle Building Center Inc aims to divert a minimum of 1.2 million pounds of building materials from landfills by 2024, further extending savings to the community.


Official website here: www.lifecyclebuildingcenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.

Lifecycle Building Center Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive accountability score of 96, the organization demonstrates solid governance practices, including a fully independent board and comprehensive financial oversight. This performance indicates a high level of transparency and reliability in managing donations and resources.

User feedback on platforms like Great Nonprofits highlights the positive impact Lifecycle Building Center has on the community. Many reviewers express their satisfaction with the organization's mission to repurpose building materials, with some noting that it has successfully diverted over 4 million pounds of materials from landfills. Customers and board members alike commend the friendly and helpful staff, who assist in providing affordable materials and resources for various projects, thus enhancing community engagement and environmental sustainability.

While the organization excels in many areas, the Culture & Community score of 75 suggests there may be room for improvement in fostering a more inclusive environment or expanding community outreach initiatives. Nonetheless, the overall sentiment from supporters and clients remains overwhelmingly positive, indicating Lifecycle Building Center's vital role in the local community and its effective approach to addressing waste and resource use.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Lifecycle Building Center Inc legitimate?

Lifecycle Building Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifecycle Building Center 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: $71,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,493

For more financial information, click here


Official website here: www.lifecyclebuildingcenter.org

What is the mission statement of Lifecycle Building Center Inc?

Lifecycle Building Center Inc's mission is centered around environmental stewardship and fostering community resilience. They achieve this by establishing a sustainable lifecycle for the built environment. By operating a Material Reuse Center, they provide affordable, reclaimed building materials, prioritizing low-income communities near their facility in Southwest Atlanta. Since its inception in 2011, Lifecycle Building Center has prevented 12 million pounds of usable building materials from disposal, resulting in $5.5 million in community savings through discounted building materials and in-kind material grants to 280 nonprofit organizations. The center, open five days a week, encourages material donations during business hours and houses salvaged materials such as doors, windows, cabinets, hardware, flooring, appliances, plumbing, lighting, lumber, architectural components, and more. By 2024, their goal is to divert a minimum of 1.2 million pounds of building materials from landfills and extend an additional $600,000 in material savings to the community.


Official website here: www.lifecyclebuildingcenter.org

Who is the CEO of Lifecycle Building Center Inc?

Shannon Goodman is the Executive Director of Lifecycle Building Center Inc.


Official website here: www.lifecyclebuildingcenter.org

What is the revenue of Lifecycle Building Center Inc?

Lifecycle Building Center Inc's revenue in 2022 was $1,715,414.


Official website here: www.lifecyclebuildingcenter.org

Who are the executives of Lifecycle Building Center Inc and what are their salaries?

The average compensation at Lifecycle Building Center Inc during 2022 was $28,361. There are 18 employees and 60 volunteers at Lifecycle Building Center Inc.


Here are 13 key members and their salaries:


Shannon Goodman (Executive Director)
  • Compensation: $71,000
  • Related: $0
  • Other: $0
Elisa Fay (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Bassett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Spinrad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Kirk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Mitchell (Board Member Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Mcginnity (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Mcdade (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Scoggins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Burdette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Ebert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Gober (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifecyclebuildingcenter.org

Where can I find the form 990 for Lifecycle Building Center Inc?

Lifecycle Building Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lifecyclebuildingcenter.org

Learn more at the official website: www.lifecyclebuildingcenter.org

Mission Statement of Lifecycle Building Center Inc

Lifecycle Building Center Inc, a nonprofit organization, is committed to environmental stewardship and community resilience by establishing a sustainable lifecycle for the built environment. To accomplish this mission, the nonprofit focuses on reusing building materials, giving priority to residents, businesses, and nonprofits situated in low-income communities close to its facility in Southwest Atlanta. Since its inception in 2011, Lifecycle Building Center Inc has saved an impressive 12 million pounds of usable building materials from disposal and generated $5.5 million in community savings through affordable building materials and more than 400 in-kind material grants to 280 nonprofit organizations.

The nonprofit operates a Material Reuse Center, which is open five days a week, Tuesday through Saturday, and offers a wide range of salvaged materials, including doors, windows, cabinets, hardware, flooring, appliances, plumbing, lighting, lumber, architectural components, and more. By diverting a minimum of 1.2 million pounds of building materials from landfills and extending an additional $600,000 in material savings to the community in 2024, Lifecycle Building Center Inc plays a vital role in promoting sustainability and reducing waste in the built environment.

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Impact




July, 2024

Lifecycle Building Center Inc's impact can be seen in its relentless efforts towards environmental stewardship and the promotion of community resilience by creating a sustainable lifecycle for the built environment. Since its inception in 2011, Lifecycle Building Center has saved an impressive 12 million pounds of usable building materials from disposal. This not only contributes to environmental conservation by reducing landfill waste but also creates a positive economic impact valued at $5.5 million in community savings. The center's focus on providing affordable, reclaimed building materials, particularly for residents, businesses, and organizations in low-income communities near its facility in Southwest Atlanta, demonstrates a commitment to inclusivity and sustainability. Through deep discounts on building materials and more than 400 in-kind material grants to 280 organizations, Lifecycle Building Center is actively supporting the construction and renovation needs of the community. With a goal to divert a minimum of 1.2 million pounds of building materials from landfills in 2024 and extend an additional $600,000 in material savings to the community, Lifecycle Building Center Inc's impact continues to grow, making a tangible difference in Atlanta and beyond.




This information is meant to be a general summary of Lifecycle Building Center 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
$1,715,414 (2022)
Expenses
$1,083,593 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,488
  • Program Service Revenue: $3,800
  • Gross Receipts: $2,187,891

Assets and Liabilities:

  • Total Assets: $4,793,907
  • Total Liabilities: $896,567
  • Net Assets: $3,897,340

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Programs

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

S T FACILITY RENTAL

Revenue

$3,800

Organization Details

Founding Year

2011

Principal Officer

Shannon Goodman

Main Address

P O BOX 570244, ATLANTA, GA, 30357

NTEE Category

Code: K99 - Food

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