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The Laceleaf Corporation

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

EIN: 562344703 ✦ Beaverton, OR ✦ Designated as a 501(c)(3)

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Overview

What is The Laceleaf Corporation?

The Laceleaf Corporation is a notable nonprofit organization that specializes in providing housing solutions for mentally disabled adults. Established under the National Affordable Housing Act of 1990, they have constructed a 15-unit complex in Beaverton, Oregon, to accommodate this unique population. The organization's mission is centered around offering a safe and supportive living environment, aiming to improve the quality of life for these individuals.

Is The Laceleaf Corporation legitimate?

The Laceleaf Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Laceleaf Corporation 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

What is the mission statement of The Laceleaf Corporation?

The Laceleaf Corporation is dedicated to providing housing solutions for mentally disabled adults. They accomplish this by constructing and managing a 15-unit complex, which was established under the National Affordable Housing Act of 1990. The organization's primary goal is to offer a living environment that caters to the unique needs of these adults, promoting their overall well-being and independence. While the specifics of their advocacy or support activities are not provided, it is evident that Laceleaf Corp prioritizes housing as a fundamental necessity for mentally disabled adults, enabling them to live with dignity and independence.

Who is the CEO of The Laceleaf Corporation?

Marcia Hille is the Executive Di of The Laceleaf Corporation.

What is the revenue of The Laceleaf Corporation?

The Laceleaf Corporation's revenue in 2023 was $107,583.

Who are the executives of The Laceleaf Corporation and what are their salaries?


Here are 7 key members and their salaries:


Marcia Hille (Executive Di)
  • Compensation: $0
  • Related: $168,757
  • Other: $23,387
Theresa Lafavor (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Harris (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Christy (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Riley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Wall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Laceleaf Corporation?

The Laceleaf Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Laceleaf Corporation

The Laceleaf Corporation, a nonprofit organization, is committed to providing housing solutions for mentally disabled adults. Established under the National Affordable Housing Act of 1990, Laceleaf Corp has constructed a 15-unit complex in Beaverton, Oregon, serving as a residence for these individuals in need. The organization's mission is to offer a safe and supportive living environment, empowering mentally disabled adults to lead independent lives with dignity and respect. By providing affordable housing, Laceleaf Corp aims to break down barriers and create opportunities for these individuals to thrive, fostering a sense of community and inclusion.

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Impact




October, 2024

The Laceleaf Corporation significantly enhances the lives of mentally disabled adults by providing much-needed housing through its 15-unit complex in Beaverton, Oregon. By adhering to the standards set forth in the National Affordable Housing Act of 1990, Laceleaf Corp addresses the critical housing shortage faced by this vulnerable population. Residents benefit from a supportive environment that fosters independence and community, ultimately improving their quality of life and well-being. The organization plays a vital role in promoting inclusivity and stability, ensuring that mentally disabled adults have access to safe and affordable housing in a nurturing community.




This information is meant to be a general summary of The Laceleaf Corporation. 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
$107,583 (2023)
Expenses
$164,848 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $117
  • Program Service Revenue: $61,855
  • Gross Receipts: $107,583

Assets and Liabilities:

  • Total Assets: $1,206,583
  • Total Liabilities: $31,591
  • Net Assets: $1,174,992

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Programs

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

TENANT RENTS RECEIVED

Revenue

$61,411

LAUNDRY REVENUE & OTHER

Revenue

$444

Organization Details

Founding Year

2003

Principal Officer

Marcia Hille

Main Address

4585 SW 185TH AVENUE, BEAVERTON, OR, 97078

NTEE Category

Code: L21 - Housing

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