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Lf Kingman Place Inc

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

EIN: 460598012 ✦ Tucson, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Lf Kingman Place Inc?

Lf Kingman Place Inc is a nonprofit organization situated in Kingman, Arizona. Their primary mission is to renovate and manage a 24-unit housing project, catering to individuals with low income. This endeavor aims to provide affordable living spaces in the community. The organization's activities are centered around rehabilitating and managing this multi-family housing project, ensuring that it remains a suitable living environment for its residents.


Official website here: www.lafrontera.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

Lf Kingman Place Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is derived entirely from the Accountability & Finance beacon, where the organization scored 82%. This suggests that Lf Kingman Place Inc demonstrates a commendable approach to managing its resources and adhering to financial best practices.

The organization exhibits strong governance with a board comprising entirely independent members, which reflects well on its commitment to transparency and ethical oversight. Furthermore, the charity has no reported material diversion of assets, and it maintains comprehensive policies related to conflict of interest, whistleblower protections, and document retention. Its high program expense ratio of 92.63% indicates that a significant portion of its funding is allocated directly to its programs and services.

While the rating signifies many strengths in financial and operational practices, the single beacon score limits a broader perspective on its overall impact and effectiveness. Future evaluations might benefit from additional metrics that assess the charity's programmatic outcomes and beneficiary feedback, providing a more well-rounded view of its contributions to the community.


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

Is Lf Kingman Place Inc legitimate?

Lf Kingman Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lf Kingman Place 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.lafrontera.org

What is the mission statement of Lf Kingman Place Inc?

Lf Kingman Place Inc is dedicated to rehabilitating and managing a 24-unit multi-family housing facility, catering to individuals with low income. Their mission is to provide affordable housing solutions, enhancing the living conditions for those in need. By rehabilitating the property, they aim to create a safe and comfortable living environment for the residents. Their operations are geared towards serving the community, offering housing options that are within their financial reach.


Official website here: www.lafrontera.org

Who is the CEO of Lf Kingman Place Inc?

Michael Prudence is the President/Ceo of Lf Kingman Place Inc. The CEO's salary of Lf Kingman Place Inc is $0 and their total compensation is $488,322.


Official website here: www.lafrontera.org

What is the revenue of Lf Kingman Place Inc?

Lf Kingman Place Inc's revenue in 2022 was $198,950.


Official website here: www.lafrontera.org

Who are the executives of Lf Kingman Place Inc and what are their salaries?

There 7 volunteers at Lf Kingman Place Inc.


Here are 10 key members and their salaries (Lf Kingman Place Inc's CEO's salary is $0 and their total compensation is $488,322):


Daniel Ranieri (President/Ceo)
  • Compensation: $0
  • Related: $458,959
  • Other: $29,363
Michael Prudence (Cfo)
  • Compensation: $0
  • Related: $241,247
  • Other: $23,915
Kathy Wells (Vice Pres/Coo)
  • Compensation: $0
  • Related: $242,479
  • Other: $8,533
Colleen Mcdonald (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lopez (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick O'Hagin (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Doyle (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Jones (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Terry (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Heddings (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lafrontera.org

Where can I find the form 990 for Lf Kingman Place Inc?

Lf Kingman Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lafrontera.org

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

Mission Statement of Lf Kingman Place Inc

Lf Kingman Place Inc, a nonprofit organization, is dedicated to rehabilitating and managing a 24-unit multi-family housing project. Their mission is to provide affordable living solutions for individuals with limited income, situated in Kingman, Arizona. By overseeing the renovation and operation of this multi-family complex, Lf Kingman Place Inc aims to contribute positively to the community by offering a secure and comfortable living environment for its residents.

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Impact




October, 2024

Lf Kingman Place Inc plays a crucial role in addressing housing needs for low-income individuals and families in Kingman, Arizona. By rehabilitating and operating a 24-unit multi-family housing project, the organization provides essential affordable housing, contributing to the community's stability and growth. This initiative not only enhances the quality of life for residents but also fosters a sense of community, allowing individuals to thrive in a supportive environment. The project addresses the pressing issue of housing insecurity and promotes access to safe, stable living conditions for those who need it the most. Through its efforts, Lf Kingman Place Inc significantly impacts the local economy and overall well-being of the Kingman community.




This information is meant to be a general summary of Lf Kingman Place 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
$198,950 (2022)
Expenses
$327,931 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $92
  • Program Service Revenue: $198,758
  • Gross Receipts: $198,950

Assets and Liabilities:

  • Total Assets: $1,220,238
  • Total Liabilities: $1,975,202
  • Net Assets: -$754,964

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Programs

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

Rental Revenue

Revenue

$198,383

Late Fees

Revenue

$925

Vacancy Expense

Revenue

-$550

Organization Details

Founding Year

2012

Principal Officer

Michael Prudence

Main Address

504 W 29th Street, Tucson, AZ, 85713

NTEE Category

Code: L20 - Housing

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