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Cedar Lake Washburn Inc

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

EIN: 455615737 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Cedar Lake Washburn Inc?

Cedar Lake Washburn Inc is a nonprofit organization situated in Louisville, Kentucky, specifically at 9505 Williamsburg Plaza Suite 202. Their primary mission is to provide safe and affordable housing for individuals with intellectual and developmental disabilities, situated within the metro Louisville region. Their vision encompasses a community where people with and without disabilities engage in mutually enriching interactions, fostering mutual respect and unconditional love. The organization offers compassionate and capable care to its residents. Their goal is to facilitate meaningful inclusion of these individuals in their communities. The organization provides community-based housing, ensuring a supportive living environment for its residents.


Official website here: www.cedarlake.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

Cedar Lake Washburn Inc has achieved an impressive score of 97%, which reflects a strong commitment to accountability and finance. The evaluation is based on a comprehensive assessment of financial practices, with a perfect score in several critical areas, including governance and transparency. The organization boasts an independent board with all members being non-affiliated, which enhances its credibility and oversight capabilities.

The nonprofit demonstrates sound financial health, as evidenced by its low liabilities to assets ratio of 2.19%, indicating a solid balance sheet. Additionally, a program expense ratio of 72.63% suggests that a significant portion of its resources is directed towards its mission-driven programs rather than administrative costs. The organization also has well-established policies in place, including for conflict of interest and whistleblower protection, further underscoring its commitment to ethical practices.

While the data highlights numerous strengths in management and financial practices, it is important to remain aware of potential areas for improvement that may not be captured in the rating. Continuous monitoring of operational efficiencies and program impacts will be essential for the organization to maintain its high rating and community trust in the long run.


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

Is Cedar Lake Washburn Inc legitimate?

Cedar Lake Washburn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Lake Washburn 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cedarlake.org

What is the mission statement of Cedar Lake Washburn Inc?

Cedar Lake Washburn Inc's mission is centered around offering compassionate and capable care for individuals with intellectual and developmental disabilities. Their vision envisages a community where people with and without disabilities interact, learn from each other, and foster mutual respect and unconditional love. The organization's primary goal is to provide safe and affordable housing for these individuals, enabling them to live inclusively within their communities.


Official website here: www.cedarlake.org

Who is the CEO of Cedar Lake Washburn Inc?

Jason Squires is the Chief Operating Officer (See Sch O) of Cedar Lake Washburn Inc. The CEO's salary of Cedar Lake Washburn Inc is $0 and their total compensation is $100,275.


Official website here: www.cedarlake.org

What is the revenue of Cedar Lake Washburn Inc?

Cedar Lake Washburn Inc's revenue in 2022 was $61,344.


Official website here: www.cedarlake.org

Who are the executives of Cedar Lake Washburn Inc and what are their salaries?

There 10 volunteers at Cedar Lake Washburn Inc.


Here are 12 key members and their salaries (Cedar Lake Washburn Inc's CEO's salary is $0 and their total compensation is $100,275):


Bruce Beickman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Wilkerson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Bain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Garber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Stiebling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Stith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Wellman (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Ringer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Solomon Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Squires (Chief Operating Officer (See Sch O))
  • Compensation: $0
  • Related: $156,303
  • Other: $38,638
Cassandra Tembo (Interim Ceo)
  • Compensation: $0
  • Related: $100,275
  • Other: $0


Official website here: www.cedarlake.org

Where can I find the form 990 for Cedar Lake Washburn Inc?

Cedar Lake Washburn Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cedarlake.org

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

Mission Statement of Cedar Lake Washburn Inc

Cedar Lake Washburn Inc, a nonprofit organization, envisions a community where individuals with and without disabilities coexist harmoniously, learning from each other and fostering mutual respect and unconditional love through meaningful interactions. Their mission is to extend highly compassionate and capable care to individuals with intellectual and developmental disabilities. They achieve this by providing them with safe and affordable housing and opportunities for meaningful inclusion in their communities. The organization's goal is to empower these individuals, enabling them to contribute positively to their communities and live fulfilling lives.

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Impact




August, 2024

Cedar Lake Washburn Inc's impact is centered around providing safe and affordable community-based housing for individuals with intellectual and developmental disabilities in the metro Louisville region of Kentucky. Their mission is to offer highly compassionate and capable care for these individuals, along with opportunities for meaningful inclusion in their communities. By creating a space where those with and without disabilities can learn to share and enrich each other's lives through mutual respect and unconditional love, Cedar Lake Washburn Inc is helping to foster a more inclusive and supportive society.




This information is meant to be a general summary of Cedar Lake Washburn 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
$61,344 (2022)
Expenses
$98,113 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40
  • Program Service Revenue: $61,304
  • Gross Receipts: $61,344

Assets and Liabilities:

  • Total Assets: $820,087
  • Total Liabilities: $23,966
  • Net Assets: $796,121

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Programs

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

APARTMENT RENTAL

Revenue

$61,304

Organization Details

Founding Year

2013

Principal Officer

Jason Squires

Main Address

9505 WILLIAMSBURG PLAZA SUITE 202, LOUISVILLE, KY, 40222

NTEE Category

Code: L20 - Housing

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