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Larche Homes For Life Incorporated

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

EIN: 522219812 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Larche Homes For Life Incorporated?

Larche Homes For Life Incorporated is a nonprofit organization situated in Washington, D.C., specifically at PO Box 21471. Their primary mission is to support Larche Inc., an organization dedicated to helping individuals with intellectual disabilities, by owning and maintaining real property used for their licensed community residential facilities. By doing so, Larche Homes For Life Incorporated contributes to the operation of these facilities in both Washington, D.C., and Virginia, providing essential support for adults with intellectual disabilities.


Official website here: www.larche-gwdc.org

Is Larche Homes For Life Incorporated legitimate?

Larche Homes For Life Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Larche Homes For Life Incorporated 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.larche-gwdc.org

What is the mission statement of Larche Homes For Life Incorporated?

Larche Homes For Life Incorporated supports a non-profit organization, Larche Inc., by owning and maintaining real property. This property is utilized for operating licensed community residential facilities, catering to adults with intellectual disabilities. The primary objective of Larche Homes is to aid Larche Inc. in fulfilling its exempt purpose, thereby providing a suitable living environment for individuals with intellectual disabilities. The organization's activities focus on the upkeep and management of these properties, ensuring they serve their intended purpose effectively.


Official website here: www.larche-gwdc.org

What is the revenue of Larche Homes For Life Incorporated?

Larche Homes For Life Incorporated's revenue in 2023 was $304,405.


Official website here: www.larche-gwdc.org

Who are the executives of Larche Homes For Life Incorporated and what are their salaries?

There 3 volunteers at Larche Homes For Life Incorporated.

Here are 5 key members and their salaries:


Luke Smith (Board Member)
  • Compensation: $75,772
  • Related: $97,401
  • Other: $0
Jitta Banya (Dfo)
  • Compensation: $67,600
  • Related: $69,345
  • Other: $0
Nadine Reid (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mal Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Callahan (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.larche-gwdc.org

Where can I find the form 990 for Larche Homes For Life Incorporated?

Larche Homes For Life Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.larche-gwdc.org

Learn more at the official website: www.larche-gwdc.org

Mission Statement of Larche Homes For Life Incorporated

Larche Homes For Life Incorporated is committed to supporting Larche Inc. in its mission by owning and maintaining real property. This property is utilized by Larche Inc. for its exempt purpose, which primarily involves operating licensed community residential facilities for adults with intellectual disabilities. By doing so, Larche Homes For Life Incorporated effectively aids Larche Inc. in providing a safe and supportive environment for individuals with intellectual disabilities, enabling them to live with dignity and independence.

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Impact




October, 2024

Larche Homes For Life Incorporated significantly impacts the lives of adults with intellectual disabilities by providing essential housing and support services. By owning and maintaining real property, it ensures that individuals have access to licensed community residential facilities in Washington, DC, and Virginia. This foundational role allows Larche Inc. to focus on delivering vital programs and care, fostering an environment where residents can thrive, receive personalized attention, and engage socially. The organization not only contributes to the stability and well-being of its residents but also promotes inclusivity within the community, advocating for the rights and dignity of individuals with intellectual disabilities. Through its efforts, Larche Homes For Life helps cultivate a supportive and caring living environment that enhances the quality of life for vulnerable populations.




This information is meant to be a general summary of Larche Homes For Life Incorporated. 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
$304,405 (2023)
Expenses
$708,516 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $14,748
  • Program Service Revenue: $289,657
  • Gross Receipts: $304,405

Assets and Liabilities:

  • Total Assets: $5,045,870
  • Total Liabilities: $1,742,752
  • Net Assets: $3,303,118

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Programs

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

RENT

Revenue

$289,657

Organization Details

Founding Year

2000

NTEE Category

Code: L11 - Housing

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