Overview
What is Ilife Llc?
iLife LLC is a Milwaukee-based nonprofit organization dedicated to offering financial management services for individuals enrolled in long-term care programs. They primarily focus on administering fiscal agent services and managing financial aspects related to caregiver services for disabled or homebound individuals in government financial assistance programs. Their workforce consists of 122 employees, and their services encompass bill payment and insurance claims processing, providing essential support for individuals in need of long-term care.
Official website here: www.ilife.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Ilife LLC has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The score is entirely based on the Accountability & Finance beacon, where it achieved a commendable 81%. This suggests that the organization is managing its resources effectively and adheres to sound financial practices.
Key strengths include a perfect score in various categories such as audit oversight, conflict of interest, and whistleblower policies, indicating robust governance and transparency measures. Additionally, the organization’s high program expense ratio of 88.69% demonstrates that a significant portion of its funds is directed towards its programs rather than administrative costs.
However, while the overall financial practices are strong, the three-star rating suggests there is room for improvement in certain aspects that could enhance the organization’s impact. Continued focus on expanding funding sources and transparency may help Ilife LLC strengthen its overall evaluation in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Ilife Llc legitimate?
Ilife Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ilife Llc 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: $5,568,847
For more financial information, click here
Official website here: www.ilife.org
What is the mission statement of Ilife Llc?
iLife LLC focuses on delivering financial management services to individuals receiving long-term care, specifically those enrolled in government assistance programs. The company's mission involves offering bill payment solutions and managing insurance claims related to caregiver services for disabled or homebound individuals. In the context of self-directed supportive services, iLife assumes administrative responsibilities, including payroll support, to help participants effectively navigate their care. Overall, iLife LLC aims to streamline financial operations for individuals requiring long-term care assistance, allowing them to focus on their well-being.
Official website here: www.ilife.org
Who is the CEO of Ilife Llc?
Briget Fassett is the Principal Officer of Ilife Llc. The CEO's salary of Ilife Llc is $0 and their total compensation is $515,196.
Official website here: www.ilife.org
What is the revenue of Ilife Llc?
Ilife Llc's revenue in 2022 was $15,558,784.
Official website here: www.ilife.org
Who are the executives of Ilife Llc and what are their salaries?
The average compensation at Ilife Llc during 2022 was $45,646. There are 122 employees at Ilife Llc.
Here are 4 key members and their salaries (Ilife Llc's CEO's salary is $0 and their total compensation is $515,196):
- Compensation: $0
- Related: $465,499
- Other: $49,697
- Compensation: $0
- Related: $232,539
- Other: $16,093
- Compensation: $0
- Related: $121,522
- Other: $12,879
- Compensation: $0
- Related: $78,748
- Other: $10,274
Official website here: www.ilife.org
Where can I find the form 990 for Ilife Llc?
Ilife Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ilife.org
Learn more at the official website: www.ilife.org
Mission Statement of Ilife Llc
ILife LLC, a mission-driven organization, focuses on offering financial management services for individuals enrolled in long-term care programs. In simpler terms, ILife plays a crucial role in handling bill payments and insurance claims processing related to caregiver services rendered to individuals who are disabled or homebound and enrolled in government financial assistance programs. By providing these essential services, ILife enables participants in self-directed supportive services to receive the care they need without the added burden of managing complex financial matters.
The agency's commitment extends beyond basic financial services. ILife assumes responsibility for payroll and other administrative tasks on behalf of the participants, allowing them to concentrate on their well-being and recovery. By taking care of these administrative details, ILife empowers individuals to live more comfortably while receiving the care they deserve.
In essence, ILife's work is instrumental in ensuring that long-term care recipients have access to necessary services while alleviating the financial stress that often accompanies such care. Through its dedicated efforts, ILife enables individuals to maintain their independence and dignity while receiving the support they need to thrive.
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Impact
October, 2024
Ilife LLC plays a significant role in enhancing the financial management of individuals enrolled in long-term care programs. By offering specialized services such as fiscal agent support and financial administration, Ilife helps streamline the often complex processes involved in self-directed supportive services. This ensures that participants can focus on their care rather than being overwhelmed by administrative tasks.
Based in Milwaukee, WI, Ilife LLC provides essential bill payment services and manages insurance claims related to caregiving for disabled or homebound individuals. This support is crucial for those relying on government financial assistance programs, as it allows them to navigate the intricacies of their funding more effectively, ensuring they receive the benefits they need. Overall, Ilife LLC's impact lies in empowering individuals to manage their care resources efficiently, promoting independence and enhancing their quality of life.
This information is meant to be a general summary of Ilife Llc. 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: $18,325
- Program Service Revenue: $15,540,459
- Gross Receipts: $15,558,784
Assets and Liabilities:
- Total Assets: $26,936,651
- Total Liabilities: $2,370,222
- Net Assets: $24,566,429
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Supported Services LTC
Revenue
$15,540,459
Organization Details
Founding Year
2013
Phone
(414) 937-2020Principal Officer
Briget Fassett
Main Address
2020 W Wells Street, Milwaukee, WI, 532332720
Website
www.ilife.orgNTEE Category
Code: P81 - Human services
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