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Lori's Hands Inc

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

EIN: 453984559 ✦ Newark, DE ✦ Designated as a 501(c)(3)

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Overview

What is Lori's Hands Inc?

Lori's Hands Inc is a nonprofit organization, headquartered in Newark, Delaware, with a focus on fostering intergenerational partnerships. Their primary objective is to improve the wellbeing of individuals living with chronic illness and provide opportunities for students preparing for careers in healthcare. Notably, they expanded their reach with a new chapter in Metro Detroit, Michigan. Over the year, they engaged with over 450 students who provided consistent support to more than 230 community members with chronic illness. They also developed partnerships with over 25 community organizations and engaged three new university partners. To further their mission, they launched an alumni committee and expanded their student training offerings. Lori's Hands Inc operates by building mutually beneficial partnerships between college students and community members with chronic illness, promoting empathy, connection, and resilience. Through practice assistance and shared experiences, students support community members' independence at home, while community members help students learn.


Official website here: www.lorishands.org

Is Lori's Hands Inc legitimate?

Lori's Hands Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lori's Hands 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: $93,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,840

For more financial information, click here


Official website here: www.lorishands.org

What is the mission statement of Lori's Hands Inc?

Lori's Hands Inc fosters mutually beneficial partnerships between college students and individuals living with chronic illnesses. The primary objective is to promote empathy, connection, and resilience. College students provide practical assistance to enhance the independence of these individuals at home, while they share their health and life experiences to support the students' learning. By engaging in these partnerships, both parties benefit, with the college students gaining valuable experience and the community members receiving assistance. In 2022, Lori's Hands expanded its reach, launching a new chapter and engaging with numerous university partners and community organizations. They also prepared for a learning cohort to equip others to implement intergenerational service learning programs in their local communities. Overall, Lori's Hands supports the well-being of individuals with chronic illnesses and aids in the development of students preparing for careers in and outside of healthcare.


Official website here: www.lorishands.org

Who is the CEO of Lori's Hands Inc?

Elizabeth J Bonomo is the President of Lori's Hands Inc.


Official website here: www.lorishands.org

What is the revenue of Lori's Hands Inc?

Lori's Hands Inc's revenue in 2022 was $446,000.


Official website here: www.lorishands.org

Who are the executives of Lori's Hands Inc and what are their salaries?

The average compensation at Lori's Hands Inc during 2022 was $30,055. There are 8 employees and 436 volunteers at Lori's Hands Inc.


Here are 9 key members and their salaries:


Sarah Lafave (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Bonomo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexa Rivadeneira (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Gray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Anyu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Chan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Gilmore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Ratnayake (Executive Director)
  • Compensation: $90,000
  • Related: $0
  • Other: $3,600


Official website here: www.lorishands.org

Where can I find the form 990 for Lori's Hands Inc?

Lori's Hands Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lorishands.org

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

Mission Statement of Lori's Hands Inc

Lori's Hands Inc, a nonprofit organization, aims to establish mutually beneficial partnerships between college students and community members with chronic illnesses. By doing so, the organization fosters empathy, connection, and resilience. The college students provide practice assistance to support the community members' independence at home, while the community members share their health and life experiences to aid in the students' learning. This intergenerational collaboration not only improves the wellbeing of individuals with chronic illnesses but also enhances the development of students preparing for careers in and outside of healthcare.

In essence, Lori's Hands Inc serves as a bridge, connecting two diverse groups of individuals. The college students gain valuable experience and insights into the realities of living with chronic illness, while the community members benefit from the assistance of dedicated and compassionate students. Through this symbiotic relationship, both parties grow and learn, fostering a sense of understanding and support that extends beyond the immediate partnership.

In 2022, Lori's Hands Inc continued to expand its reach, launching a third chapter in Metro Detroit, MI. This expansion allowed the organization to engage with three new university partners and develop referral partnerships with over 25 community organizations in the region. The organization also prepared for a learning cohort to equip others throughout the state to implement intergenerational service learning programs in their local communities. Across its three chapters, Lori's Hands Inc engaged 450 students who delivered consistent support to over 230 community members living with chronic illnesses. The organization also expanded its student training offerings and launched an alumni committee to focus on alumni engagement.

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Impact




October, 2024

Lori's Hands Inc. fosters impactful, intergenerational partnerships between community members living with chronic illness and college students, creating a unique synergy that enhances well-being and personal development. By facilitating these connections, the organization promotes empathy, resilience, and understanding among young adults while providing vital support to individuals navigating health challenges.

In 2022, Lori's Hands expanded its reach with the launch of its third chapter in Metro Detroit, collaborating with three new universities and forming referral partnerships with over 25 local organizations. This expansion underscores its commitment to improving the lives of community members and enriching the educational experiences of students.

The program engaged 450 students who offered consistent support to more than 230 individuals managing chronic illnesses. This dynamic interaction not only empowers community members to maintain their independence at home but also deepens students' understanding of real-world health issues. Additionally, Lori's Hands enhanced its training programs, introducing new asynchronous and synchronous professional development opportunities, which enrich students' learning experiences further.

The establishment of an alumni committee signifies a commitment to ongoing engagement and support for graduates, creating a lasting impact that extends beyond the immediate partnerships. Through its initiatives, Lori's Hands Inc. not only transforms the lives of those it serves but also cultivates a more empathetic and informed future generation of caregivers and community members.




This information is meant to be a general summary of Lori's Hands 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
$446,000 (2022)
Expenses
$334,691 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $94
  • Gross Receipts: $449,430

Assets and Liabilities:

  • Total Assets: $543,035
  • Total Liabilities: $1,896
  • Net Assets: $541,139

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Organization Details

Founding Year

2011

Principal Officer

Elizabeth J Bonomo

Main Address

100 DISCOVERY BLVD, NEWARK, DE, 19713

NTEE Category

Code: P20 - Human services

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