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Lakeshore Foundation Inc

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

EIN: 621762831 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Lakeshore Foundation Inc?

Lakeshore Foundation Inc, situated in Nashville, Tennessee, is a nonprofit organization that focuses on providing financial assistance for indigent care and renovation needs at the long-term care facilities of Lakeshore Estates, Inc. Their mission is centered around supporting individuals who are financially incapable, ensuring they receive adequate care at these facilities. The organization's activities are geared towards addressing the financial needs of these facilities, thereby contributing to the well-being of the individuals they serve.


Official website here: www.lakeshoreseniorliving.org

Is Lakeshore Foundation Inc legitimate?

Lakeshore Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeshore Foundation 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.lakeshoreseniorliving.org

What is the mission statement of Lakeshore Foundation Inc?

The Lakeshore Foundation Inc's mission is centered around providing financial aid for indigent care and renovation needs at long-term care facilities. Specifically, their focus is on supporting the facilities under Lakeshore Estates Inc. Their goal is to ensure that individuals in need of care receive adequate resources, while also addressing the necessary renovations to maintain the facilities' condition. This mission demonstrates a commitment to enhancing the lives of those requiring long-term care, ensuring they receive the best possible environment and care.


Official website here: www.lakeshoreseniorliving.org

What is the revenue of Lakeshore Foundation Inc?

Lakeshore Foundation Inc's revenue in 2023 was $484,500.


Official website here: www.lakeshoreseniorliving.org

Who are the executives of Lakeshore Foundation Inc and what are their salaries?

Here are 3 key members and their salaries:


John Robinson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thweatt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Outhier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakeshoreseniorliving.org

Where can I find the form 990 for Lakeshore Foundation Inc?

Lakeshore Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lakeshoreseniorliving.org

Learn more at the official website: www.lakeshoreseniorliving.org

Mission Statement of Lakeshore Foundation Inc

Lakeshore Foundation Inc, a nonprofit organization, is committed to providing financial assistance for indigent care and renovation needs at the long-term care facilities of Lakeshore Estates, Inc. In simpler terms, this philanthropic entity aims to raise funds to cater to the medical necessities and renovation requirements of underprivileged individuals residing in these facilities. The foundation's mission is instrumental in ensuring that individuals in need receive the necessary medical care and live in facilities that are well-maintained and up-to-date. By providing funds for indigent care, Lakeshore Foundation Inc plays a crucial role in improving the quality of life for those who rely on these facilities for their long-term care.

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Impact




October, 2024

Lakeshore Foundation Inc plays a vital role in supporting the long-term care facilities of Lake Shore Estates in Nashville, TN. By providing essential funds for indigent care, it ensures that individuals in need receive necessary support and services, regardless of their financial situations. The foundation also addresses critical renovation needs, enhancing the living conditions within these facilities. Through its efforts, Lakeshore Foundation Inc positively impacts the quality of life for residents, promoting dignity and well-being in their long-term care.




This information is meant to be a general summary of Lakeshore Foundation 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.

Revenue
$484,500 (2023)
Expenses
$148,781 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $311,374
  • Gross Receipts: $1,944,604

Assets and Liabilities:

  • Total Assets: $9,930,563
  • Total Liabilities: $24,355
  • Net Assets: $9,906,208

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Organization Details

Founding Year

1998

Principal Officer

John Robinson

NTEE Category

Code: L22 - Housing

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