Overview
What is Louisville Asset Building Coalition Inc?
The Louisville Asset Building Coalition Inc, situated in Louisville, Kentucky, is a dedicated nonprofit organization striving to foster financial stability and asset building for individuals and families within Jefferson County. Their mission is to construct a robust economic foundation for the community, enabling its members to reach their full potential. The coalition accomplishes this by offering direct services and linking individuals to other community resources. Their flagship initiative is the successful free tax preparation and Earned Income Tax Credit (EITC) campaign. Moreover, the coalition provides a range of financial education resources and asset development initiatives, contributing to the betterment of metro Louisville and Jefferson County. With a team of eight dedicated professionals, Louisville Asset Building Coalition Inc is committed to empowering its community towards financial independence.
Official website here: www.labcservices.org
What do the Facebook reviews say about Louisville Asset Building Coalition Inc?
100% of 9 reviewers on Facebook recommend Louisville Asset Building Coalition Inc. Here is a summary of their reviews:
Many community members appreciate the efforts of the organization in assisting residents with claiming eligible credits, highlighting its impact on economic stability and supporting local economies. Users note that the Coalition plays a vital role in changing the circumstances for families and their children, implying that the services provided are both effective and necessary.
Overall, the sentiment towards the Louisville Asset Building Coalition is overwhelmingly positive. Reviewers express satisfaction with the organization's commitment to improving the lives of community members through valuable resources and support.
This AI summary has been generated from reviews found on Facebook.
Is Louisville Asset Building Coalition Inc legitimate?
Louisville Asset Building Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisville Asset Building Coalition 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: $56,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,404
For more financial information, click here
Official website here: www.labcservices.org
What is the mission statement of Louisville Asset Building Coalition Inc?
The Louisville Asset Building Coalition (LABC) is a collaborative entity dedicated to promoting financial stability and asset building for individuals and families. Their mission is to establish a robust economic foundation that allows community members to reach their full potential. Through direct services and linkages to other community resources, LABC strives to enhance the financial well-being of its members. The coalition is committed to bettering its community by leveraging the success of its free tax preparation and Earned Income Tax Credit (EITC) campaign. Furthermore, LABC offers a continuum of financial education resources and asset development initiatives to support Metro Louisville and Jefferson County.
Official website here: www.labcservices.org
Who is the CEO of Louisville Asset Building Coalition Inc?
Earnestine White is the Program Director of Louisville Asset Building Coalition Inc.
Official website here: www.labcservices.org
What is the revenue of Louisville Asset Building Coalition Inc?
Louisville Asset Building Coalition Inc's revenue in 2022 was $248,716.
Official website here: www.labcservices.org
Who are the executives of Louisville Asset Building Coalition Inc and what are their salaries?
The average compensation at Louisville Asset Building Coalition Inc during 2022 was $19,272. There are 8 employees at Louisville Asset Building Coalition Inc.
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Official website here: www.labcservices.org
Where can I find the form 990 for Louisville Asset Building Coalition Inc?
Louisville Asset Building Coalition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.labcservices.org
Learn more at the official website: www.labcservices.org
Mission Statement of Louisville Asset Building Coalition Inc
Louisville Asset Building Coalition (LABC) is a collaborative entity dedicated to promoting financial stability and asset building for individuals and families in Jefferson County, Kentucky. Their mission is threefold: firstly, they provide direct services and facilitate connections to other community resources to help build a robust economic foundation. Secondly, LABC strives to elevate its members and the community as a whole by leveraging the success of their free tax preparation and Earned Income Tax Credit (EITC) campaign. Lastly, the coalition offers a range of financial education resources and asset development initiatives to support Metro Louisville and Jefferson County. Through these efforts, LABC aims to empower its community members to reach their highest potential and improve their financial well-being.
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Impact
October, 2024
Louisville Asset Building Coalition Inc. plays a pivotal role in fostering economic stability for individuals and families in Jefferson County, KY, through comprehensive financial education and direct services. By promoting financial literacy and providing essential linkages to community resources, the organization empowers residents to build and sustain their assets.
A key impact of LABC is its free tax preparation service, which not only alleviates the financial burden of tax filing but also drives awareness about the Earned Income Tax Credit (EITC). This initiative helps low- to moderate-income families claim significant tax refunds, allowing them to invest in their futures and improve their overall financial health.
The coalition's commitment to financial stability extends beyond tax preparation. Through a continuum of educational resources focused on asset development, LABC equips community members with the knowledge and skills needed to make informed financial decisions, ultimately striving to build a strong economic foundation for all. Their collaborative approach leverages partnerships across various sectors to amplify their reach and effectiveness in the community, ensuring that more individuals and families have the support needed to achieve their highest potential.
This information is meant to be a general summary of Louisville Asset Building Coalition 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.
- Investment Income: $29
- Gross Receipts: $248,716
Assets and Liabilities:
- Total Assets: $75,073
- Total Liabilities: $0
- Net Assets: $75,073
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Organization Details
Founding Year
2014
Phone
(502) 574-5687Principal Officer
Earnestine White
Main Address
701 W ORMSBY STE 201, LOUISVILLE, KY, 40203
Website
www.labcservices.orgNTEE Category
Code: S31 - Community improvement
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