Overview
What is Life Inc?
Life Inc, located in Baltimore, Maryland, is a distinguished nonprofit organization that focuses on providing residential services for individuals with cognitive and developmental disabilities. Their mission is to offer top-notch support, enabling these individuals to live dignified, healthy, and fulfilling lives within the community. With a team of 190 dedicated professionals, Life Inc addresses the physical, social, developmental, and psychological needs of these individuals, ensuring they lead enriching lives. Their services are designed to meet the unique requirements of each person, promoting their overall well-being and community integration.
Official website here: www.lifeinc.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 96% (Four-Star out of Four Stars)**tar)**
Life Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization primarily excels in its governance and oversight practices, boasting a fully independent board and rigorous financial audits. The high program expense ratio indicates that a significant portion of its resources is directed toward its mission-driven activities.
The charity's operational practices are well-structured, with solid policies in place, including conflict of interest and whistleblower protections. These measures contribute to transparency and build trust among donors and stakeholders, further enhancing the organization's credibility in the nonprofit sector.
While user reviews from GreatNonprofits were not available, the strong financial indicators suggest that Life Inc effectively manages its resources. However, potential supporters should consider seeking additional community feedback to gain a comprehensive understanding of the organization's impact and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Life Inc legitimate?
Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life 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: $332,265
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,132,134
For more financial information, click here
Official website here: www.lifeinc.org
What is the mission statement of Life Inc?
Life Inc's mission is centered around providing exceptional services for individuals with cognitive and developmental disabilities. The organization strives to help these individuals lead dignified, healthy, and fulfilling lives within the community. Through its residential services, Life Inc addresses the physical, social, developmental, and psychological needs of developmentally disabled individuals, aiming to enhance their quality of life.
Official website here: www.lifeinc.org
Who is the CEO of Life Inc?
Christiane Schulz is the Director of Life Inc.
Official website here: www.lifeinc.org
What is the revenue of Life Inc?
Life Inc's revenue in 2022 was $10,887,103.
Official website here: www.lifeinc.org
Who are the executives of Life Inc and what are their salaries?
The average compensation at Life Inc during 2022 was $34,023. There are 190 employees at Life Inc.
Here are 11 key members and their salaries:
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- Compensation: $138,187
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- Other: $9,505
- Compensation: $183,629
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- Other: $10,265
Official website here: www.lifeinc.org
Where can I find the form 990 for Life Inc?
Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifeinc.org
Learn more at the official website: www.lifeinc.org
Mission Statement of Life Inc
Life Inc, a nonprofit organization, is dedicated to providing exceptional services for individuals with cognitive and developmental disabilities. Their mission is to enable these individuals to lead dignified, healthy, and fulfilling lives in the community. By offering services of the highest quality, Life Inc strives to empower these individuals to reach their full potential and integrate into society. The organization's primary goal is to meet the physical, social, developmental, and psychological needs of these individuals through residential programs. By doing so, Life Inc aims to improve their overall well-being and quality of life.
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Impact
July, 2024
Life Inc's impact lies in its ability to empower individuals with cognitive and developmental disabilities to lead dignified, healthy, and fulfilling lives within the community. Through its high-quality residential services, Life Inc meets the physical, social, developmental, and psychological needs of those it serves in Baltimore, MD. By offering essential support and care, Life Inc plays a crucial role in enhancing the overall well-being and quality of life for individuals with disabilities, fostering greater inclusivity and independence within society.
This information is meant to be a general summary of Life 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: $16,171
- Program Service Revenue: $10,766,157
- Gross Receipts: $10,887,103
Assets and Liabilities:
- Total Assets: $7,124,708
- Total Liabilities: $2,192,572
- Net Assets: $4,932,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM GOVERNMENT AGENCIES (DH
Revenue
$9,380,515
MEDICARE/MEDICAID PAYMENTS
Revenue
$977,742
CLIENT FEES
Revenue
$397,420
RESPITE
Revenue
$10,480
Organization Details
Founding Year
1983
Phone
(410) 735-5433Principal Officer
Christiane Schulz
Main Address
2822 HOLLINS FERRY ROAD, BALTIMORE, MD, 21230
Website
www.lifeinc.orgNTEE Category
Code: P82 - Human services
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