Overview
What is Lakeview Place Inc?
Lakeview Place Inc is a nonprofit organization situated in Pensacola, Florida, specifically at 1221 W Lakeview Avenue. Their primary mission is to provide affordable housing for individuals struggling with mental illnesses. To achieve this, they make necessary expenditures to support this cause. The organization works diligently to ensure that mentally ill persons have access to suitable housing, a vital aspect in promoting their overall well-being and recovery. Although specific details about the scope of their reach or additional programs and services offered were not provided, it is clear that their focus lies in providing housing solutions for those in need.
Official website here: www.elakeviewcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Lakeview Place Inc has received a two-star rating from Charity Navigator, indicating significant areas for improvement, particularly in governance and financial accountability. The overall score of 62% reflects a mixed performance, with commendable program expense ratios demonstrating a strong commitment to direct service. However, the organization struggled with board independence and financial stability, as evidenced by the liabilities to assets ratio of 161.54%.
The nonprofit does have positive attributes, including a clear conflict of interest policy, a whistleblower policy, and documented board meeting minutes. These factors suggest a degree of operational transparency and adherence to governance standards. Additionally, it scored well in areas such as material diversion of assets, which may reassure stakeholders regarding the proper management of resources.
Nonetheless, the lack of independent board members raises concerns about oversight and accountability, which are crucial for donor trust and organizational effectiveness. Furthermore, the absence of the tax form on the nonprofit's website could hinder transparency and accessibility for potential supporters. Improving these governance aspects will be vital for Lakeview Place Inc to enhance its rating and overall public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeview Place Inc legitimate?
Lakeview Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeview Place 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.elakeviewcenter.org
What is the mission statement of Lakeview Place Inc?
Lakeview Place Inc is committed to providing affordable housing for individuals struggling with mental illness. The organization's mission is centered around ensuring that those in need have a place to call home, providing a supportive environment for their recovery and well-being. Their efforts focus on operational expenses that directly support the provision of low-cost housing for this vulnerable population, aiming to make a significant difference in their lives.
Official website here: www.elakeviewcenter.org
Who is the CEO of Lakeview Place Inc?
M Allison Hill is the President of Lakeview Place Inc.
Official website here: www.elakeviewcenter.org
What is the revenue of Lakeview Place Inc?
Lakeview Place Inc's revenue in 2022 was $94,955.
Official website here: www.elakeviewcenter.org
Who are the executives of Lakeview Place Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $404,019
- Other: $85,005
- Compensation: $0
- Related: $287,295
- Other: $12,415
- Compensation: $0
- Related: $267,895
- Other: $13,839
Official website here: www.elakeviewcenter.org
Where can I find the form 990 for Lakeview Place Inc?
Lakeview Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elakeviewcenter.org
Learn more at the official website: www.elakeviewcenter.org
Mission Statement of Lakeview Place Inc
Lakeview Place Inc, a non-profit organization, is dedicated to providing affordable housing for individuals struggling with mental illness. Through its mission, this organization aims to offer a safe and supportive living environment for those affected by mental health issues. By focusing on the provision of low-cost housing, Lakeview Place Inc seeks to alleviate the challenges faced by mentally ill persons in securing stable and appropriate accommodations. The organization's efforts are geared towards improving the quality of life for its residents, enabling them to live with dignity and independence. Despite not having detailed information about the organization's other programs and services, it is clear that Lakeview Place Inc prioritizes the well-being of its residents, working tirelessly to bring about a positive change in their lives.
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Impact
June, 2024
Lakeview Place Inc's impact lies in providing low-cost housing to individuals with mental illness in Pensacola, Florida. Through their mission to offer affordable housing to those in need, they contribute to improving the quality of life for individuals struggling with mental health challenges. This support plays a crucial role in supporting the well-being and stability of their residents, helping them lead more fulfilled and independent lives.
This information is meant to be a general summary of Lakeview Place 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: $4
- Program Service Revenue: $94,951
- Gross Receipts: $94,955
Assets and Liabilities:
- Total Assets: $198,657
- Total Liabilities: $309,052
- Net Assets: -$110,395
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Hud Subsidy Payments
Revenue
$60,727
TENANT RENT
Revenue
$34,224
Organization Details
Founding Year
1987
Phone
(850) 469-3662Principal Officer
M Allison Hill
Main Address
1221 W LAKEVIEW AVENUE, PENSACOLA, FL, 325011836
Website
www.elakeviewcenter.orgNTEE Category
Code: F33Z - Mental health
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