Overview
What is The Life Center Of Davidson County Inc?
The Life Center of Davidson County Inc., situated in Lexington, North Carolina, is a nonprofit organization dedicated to offering adult day care services. With a staff of 21 individuals, they serve 80 clients, providing them with a total of 7,298 days of care. Their primary mission is to offer adult day health care to older and disabled adults living in Davidson County. This service enables caregivers to work, complete chores, or take a much-needed rest. The center provides a range of activities, meals, transportation, and stimulation to enhance the well-being of their clients. Their services extend beyond just caregiving, offering a supportive environment and opportunities for social interaction.
Official website here: www.lifecenterdavidson.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% Four-Star out of Four Stars
The Life Center of Davidson County Inc has received a commendable 92% rating from Charity Navigator, indicating a strong focus on accountability and finance. This high rating is derived entirely from the organization's accountability and finance beacon score, which reflects the charity's commitment to transparency and effective financial management.
One of the organization's notable strengths is its board governance, with 100% of its board members being independent. This independence contributes to sound decision-making and oversight, which is further supported by the charity's comprehensive audit and oversight committee. Additionally, the Life Center demonstrates responsible financial practices, evidenced by a low liabilities to assets ratio of 17.86% and a high program expense ratio of 87.74%, indicating that a significant portion of its resources is allocated directly to its programs.
While the Life Center of Davidson County Inc showcases robust financial health and governance, the rating does not provide details on program impact or community feedback. Therefore, while the financial metrics are impressive, potential donors and stakeholders may seek additional information on the charity's effectiveness in achieving its mission and the outcomes of its programs.
This AI summary has been generated from information found on Charity Navigator.
Is The Life Center Of Davidson County Inc legitimate?
The Life Center Of Davidson County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Life Center Of Davidson County 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: $135,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $459,781
For more financial information, click here
Official website here: www.lifecenterdavidson.com
What is the mission statement of The Life Center Of Davidson County Inc?
The Life Center of Davidson County Inc's mission is centered around providing adult day health care for older and disabled adults living in the specified county. This service aims to offer respite for caregivers, allowing them to work, complete chores, or take time for themselves. The center offers various activities, meals, transportation, and stimulation to the participants. The primary objective is to enhance the quality of life for these individuals while providing essential caregiver support.
Official website here: www.lifecenterdavidson.com
Who is the CEO of The Life Center Of Davidson County Inc?
Tommy Hodges is the Executive Director of The Life Center Of Davidson County Inc.
Official website here: www.lifecenterdavidson.com
What is the revenue of The Life Center Of Davidson County Inc?
The Life Center Of Davidson County Inc's revenue in 2023 was $1,060,148.
Official website here: www.lifecenterdavidson.com
Who are the executives of The Life Center Of Davidson County Inc and what are their salaries?
The average compensation at The Life Center Of Davidson County Inc during 2023 was $28,326. There are 21 employees and 50 volunteers at The Life Center Of Davidson County Inc.
Here are 16 key members and their salaries:
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Official website here: www.lifecenterdavidson.com
Where can I find the form 990 for The Life Center Of Davidson County Inc?
The Life Center Of Davidson County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lifecenterdavidson.com
Learn more at the official website: www.lifecenterdavidson.com
Mission Statement of The Life Center Of Davidson County Inc
The Life Center of Davidson County Inc, a nonprofit organization, is committed to providing adult day health care services to older and disabled adults residing in Davidson County. Their primary objective is to support these individuals while enabling their caregivers to attend to their personal needs, such as work or chores, or simply to rest. The center offers a wide range of services, including engaging activities, nutritious meals, transportation, and stimulation. These provisions not only cater to the physical needs of the older adults but also aim to keep their minds active and engaged. By providing this comprehensive care, The Life Center of Davidson County Inc plays a crucial role in improving the quality of life for both the older adults and their caregivers.
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Impact
July, 2024
The Life Center Of Davidson County Inc provides essential adult day health care services to older and disabled adults living in Davidson County. By offering activities, meals, transportation, and stimulation, the center enables caregivers to work, attend to chores, or simply take a break. This assistance not only supports the well-being and social engagement of its clients but also offers crucial respite for their caregivers. With a focus on human services, the center's impact is evident in the 7298 days of care provided to 80 clients, demonstrating a tangible and meaningful contribution to the community.
This information is meant to be a general summary of The Life Center Of Davidson County 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 2023.
- Investment Income: $3,660
- Program Service Revenue: $705,839
- Gross Receipts: $1,080,170
Assets and Liabilities:
- Total Assets: $1,013,950
- Total Liabilities: $181,169
- Net Assets: $832,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADULT
Revenue
$666,770
NUTRITION
Revenue
$39,069
Organization Details
Founding Year
1986
Principal Officer
Tommy Hodges
Main Address
601 WEST CENTER STREET, LEXINGTON, NC, 27292
Website
www.lifecenterdavidson.comNTEE Category
Code: P70 - Human services
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