Overview
What is Lakewood Aliveinc?
Lakewood Aliveinc is a 501(c)3 community development organization, headquartered in Lakewood, Ohio. Their primary mission is to foster and sustain vibrant neighborhoods, aiming to create a welcoming community with engaged residents, desirable housing, and an entrepreneurial spirit. Lakewood Aliveinc achieves this by working with residents to maintain the community's aging housing stock, promoting thriving business districts, and hosting large-scale community events. They also offer various housing outreach programs, such as the Lakewood Pride Fund, Knowing Your Home Educational Series, Lakewood Tool Box, and Paint Lakewood Program, to assist low-income residents with home repairs and improvements. Additionally, Lakewood Aliveinc supports small businesses in the Lakewood area, providing financial accounting services and technical assistance. During the COVID-19 pandemic, they distributed financial support to small businesses from the Federal CARES Act. Lakewood Aliveinc continues to adapt their programming in response to the pandemic, moving their in-person events to virtual platforms to keep people connected while ensuring safety at home.
Official website here: www.lakewoodalive.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lakewood Aliveinc has received an 81% score from Charity Navigator, indicating a solid performance in accountability and finance. The charity's rating is based entirely on its accountability score, which reflects good governance practices and responsible financial management. It has a majority independent board consisting of eight members and no material diversion of assets, highlighting its commitment to transparency.
Strengths identified include excellent scores in areas such as having a clear conflict of interest policy and maintaining comprehensive documentation for board meetings. The organization allocates a substantial portion of its expenses (86.80%) directly to programs, showcasing its dedication to maximizing the impact of donations on its mission.
While Lakewood Aliveinc demonstrates strong financial practices, the rating is derived solely from its accountability metrics. There are no additional insights into its programmatic effectiveness or impact in the community, which could provide a fuller picture of the organization’s overall performance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lakewood Aliveinc?
100% of 37 reviewers on Facebook recommend this organization. Here is a summary of their reviews:
Many supporters appreciate Lakewood Alive for its role as a valuable community resource, helping residents stay informed about local events and opportunities. Reviewers highlight the organization’s commitment to enhancing the quality of life in Lakewood, noting its effectiveness in connecting people to resources within the community.
Overall, the sentiment surrounding Lakewood Alive is overwhelmingly positive. Community members recognize the nonprofit's impact and express gratitude for the services it provides, reinforcing the organization's reputation as a vital asset to Lakewood.
This AI summary has been generated from reviews found on Facebook.
Is Lakewood Aliveinc legitimate?
Lakewood Aliveinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Aliveinc 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: $70,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,565
For more financial information, click here
Official website here: www.lakewoodalive.com
What is the mission statement of Lakewood Aliveinc?
Lakewood Aliveinc is a community-focused non-profit organization with a mission to foster and sustain vibrant neighborhoods. Their aim is to create a welcoming community that thrives on engaged residents, desirable housing, and an entrepreneurial spirit. They connect diverse neighborhoods to enhance the quality of life, working with residents to sustain homes and promote thriving business districts. Lakewood Aliveinc also hosts large-scale community events to bring residents and businesses together. In addition, they offer housing outreach programs, small business support services, and quality of life programming, including virtual events during the COVID-19 pandemic.
Official website here: www.lakewoodalive.com
Who is the CEO of Lakewood Aliveinc?
Ian Andrews is the President of Lakewood Aliveinc.
Official website here: www.lakewoodalive.com
What is the revenue of Lakewood Aliveinc?
Lakewood Aliveinc's revenue in 2022 was $558,523.
Official website here: www.lakewoodalive.com
Who are the executives of Lakewood Aliveinc and what are their salaries?
The average compensation at Lakewood Aliveinc during 2022 was $44,962. There are 7 employees and 200 volunteers at Lakewood Aliveinc.
Here are 24 key members and their salaries:
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- Compensation: $67,167
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Official website here: www.lakewoodalive.com
Where can I find the form 990 for Lakewood Aliveinc?
Lakewood Aliveinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakewoodalive.com
Learn more at the official website: www.lakewoodalive.com
Mission Statement of Lakewood Aliveinc
Lakewood Alive, a community-focused non-profit organization, is dedicated to fostering and sustaining vibrant neighborhoods. Their mission is to serve as a catalyst for community development, connecting residents and businesses in a way that enhances the quality of life. Lakewood Alive believes that a neighborhood is more than just a collection of buildings and streets; it's a bond between people and places that they care about. They work tirelessly to maintain the community's aging housing stock, promote thriving business districts, and host large-scale community events that bring residents and businesses together.
In terms of housing, Lakewood Alive administers a housing outreach program that connects low-moderate income residents with resources. They offer one-on-one assistance, volunteer labor for home maintenance, and programs like The Lakewood Pride Fund and The Knowing Your Home Education Series to help homeowners with necessary repairs and improvements. Additionally, they have a program called The Lakewood Tool Box, which offers an affordable and educational option for borrowing tools, and The Paint Lakewood Program, a grant program for low-moderate income residents to assist with affordable exterior house painting.
When it comes to business support, Lakewood Alive has been working with small businesses since 2004. They administer the Downtown Lakewood Business Alliance and have been the fiscal agent for the Uptown Lakewood Business Alliance and the West End Lakewood Small Business Association since 2016, providing financial accounting services and technical assistance. They also organize a monthly city-wide business meeting. During the COVID-19 pandemic, they partnered with the City of Lakewood to distribute financial support to small businesses from the federal CARES Act.
In response to the pandemic, Lakewood Alive moved its in-person event programming to virtual to keep people connected while safe at home. They hosted several virtual events in FY 21, including the Spooky Pooch Parade, Light Up Lakewood, Summer Meltdown, and the Front Porch Concert Series. Lakewood Alive's mission to foster and sustain vibrant neighborhoods is evident in their wide range of programs and services that aim to connect, support, and empower their community.
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Impact
July, 2024
Lakewood Aliveinc's impact is evident in the thriving and vibrant neighborhoods it helps to foster and sustain. By working with residents to maintain the community's housing stock, providing resources for home repairs, and offering small business support, the organization plays a key role in enhancing the quality of life in Lakewood, Ohio. Additionally, through innovative programming and virtual events, Lakewood Aliveinc continues to connect and engage the community, even during challenging times like the COVID-19 pandemic.
This information is meant to be a general summary of Lakewood Aliveinc. 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: $1,513
- Program Service Revenue: $13,993
- Gross Receipts: $575,226
Assets and Liabilities:
- Total Assets: $557,246
- Total Liabilities: $26,813
- Net Assets: $530,433
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEE
Revenue
$7,500
PROGRAM REVENUE
Revenue
$3,297
TOOLBOX PROGRAM
Revenue
$3,196
Organization Details
Founding Year
2002
Phone
(216) 521-0655Principal Officer
Ian Andrews
Main Address
14650 DETROIT AVENUE, LAKEWOOD, OH, 44107
Website
www.lakewoodalive.comNTEE Category
Code: S30 - Community improvement
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