Overview
What is Lcps Management Inc?
Lcps Management Inc, based in Ponte Vedra Beach, Florida, serves as a management support provider for affiliated 501(c)(3) organizations, specifically Life Care Ponte Vedra, Inc. and Lend an Ear Outreach, Inc. Their primary mission is to offer operational management services to continuing care retirement communities. By doing so, they aim to enhance the overall functioning of these organizations, ensuring they provide long-term care effectively. With a team of nine dedicated individuals, Lcps Management Inc plays a vital role in supporting the operations of these nonprofits, contributing to the well-being of their communities.
Official website here: www.lcpsmanagement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (55%)
Lcps Management Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial performance and accountability. The overall score of 55% reflects strengths in board independence and governance policies, with 100% of board members being independent and a well-documented approach to conflict of interest and whistleblower policies.
Despite these strengths, the organization has not provided financial statements, which has severely impacted its financial transparency rating. The program expense ratio is notably low at 40.07%, raising questions about the efficiency of funds allocated to its programs. The liabilities to assets ratio, however, is relatively healthy at 51.72%, suggesting some stability in its financial structure.
The lack of financial documentation is a critical limitation that detracts from the organization's credibility and raises concerns for potential donors. Overall, while Lcps Management Inc has a solid governance structure, its financial transparency and efficiency in program spending need significant improvement to enhance its standing among nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Lcps Management Inc legitimate?
Lcps Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lcps Management 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: $1,084,406
Professional Fundraising Fees: $0
Other Salaries and Wages: $511,494
For more financial information, click here
Official website here: www.lcpsmanagement.org
What is the mission statement of Lcps Management Inc?
Lcps Management Inc's mission is centered around offering comprehensive operational management services. Specifically, they aim to assist organizations operating continuing care retirement communities and long-term care facilities. Their objective is to provide a wide array of management support services, ensuring the smooth operation of these organizations. This mission is carried out through their collaboration with affiliated 501(c)(3) organizations, such as Life Care Ponte Vedra, Inc. and Lend an Ear Outreach, Inc.
Official website here: www.lcpsmanagement.org
Who is the CEO of Lcps Management Inc?
D Bruce Jones is the Chairman of Lcps Management Inc. The CEO's salary of Lcps Management Inc is $316,547 and their total compensation is $344,190.
Official website here: www.lcpsmanagement.org
What is the revenue of Lcps Management Inc?
Lcps Management Inc's revenue in 2022 was $1,564,026.
Official website here: www.lcpsmanagement.org
Who are the executives of Lcps Management Inc and what are their salaries?
The average compensation at Lcps Management Inc during 2022 was $177,322. There are 9 employees and 7 volunteers at Lcps Management Inc.
Here are 14 key members and their salaries (Lcps Management Inc's CEO's salary is $316,547 and their total compensation is $344,190):
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- Compensation: $316,547
- Related: $0
- Other: $27,643
- Compensation: $221,738
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- Compensation: $219,861
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- Other: $19,469
- Compensation: $105,694
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- Other: $0
- Compensation: $173,453
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- Other: $0
- Compensation: $122,646
- Related: $0
- Other: $15,581
- Compensation: $115,468
- Related: $0
- Other: $5,593
Official website here: www.lcpsmanagement.org
Where can I find the form 990 for Lcps Management Inc?
Lcps Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lcpsmanagement.org
Learn more at the official website: www.lcpsmanagement.org
Mission Statement of Lcps Management Inc
Lcps Management Inc, a company dedicated to operational management services, has a mission to support organizations operating continuing care retirement communities and other long-term care providers. Their objective is to provide a comprehensive range of operational management services, aiming to enhance the efficiency and effectiveness of these organizations. Lcps Management Inc accomplishes this mission by offering management support services to affiliated 501(c)(3) organizations, such as Life Care Ponte Vedra, Inc. and Lend an Ear Outreach, Inc. These affiliated organizations benefit from Lcps Management Inc's expertise, allowing them to focus on their core mission while benefiting from the professional management support provided by Lcps Management Inc.
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Impact
July, 2024
LCPS Management Inc's impact is significant in the realm of operational management services for continuing care retirement communities. By providing essential management support services to affiliated organizations such as Life Care Ponte Vedra, Inc. and Lend an Ear Outreach, Inc., LCPS Management Inc plays a crucial role in ensuring the smooth operation and delivery of care in these communities. Their mission to provide a full range of operational management services to organizations in the long-term care sector demonstrates their dedication to supporting the well-being and quality of life for residents in these communities. In essence, LCPS Management Inc's impact can be seen in the efficient and effective functioning of these much-needed care facilities.
This information is meant to be a general summary of Lcps Management 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: $7,691
- Program Service Revenue: $1,556,335
- Gross Receipts: $1,564,026
Assets and Liabilities:
- Total Assets: $3,774,007
- Total Liabilities: $1,951,918
- Net Assets: $1,822,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$1,112,368
DEVELOPMENT FEES
Revenue
$416,667
APPLICATION FEES
Revenue
$27,300
Organization Details
Founding Year
1997
Phone
(904) 273-1701Principal Officer
D Bruce Jones
Main Address
1000 VICARS LANDING WAY, PONTE VEDRA BEACH, FL, 32082
Website
www.lcpsmanagement.orgNTEE Category
Code: L22 - Housing
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