Overview
What is Life House?
Life House is a nonprofit organization situated in Gonzales, Louisiana. Their primary mission is to enhance the quality of life for local citizens by offering educational, training, character, and leadership programs in collaboration with government and business organizations. As part of their efforts, they operate a transitional housing program aimed at helping men readjust to society after incarceration. This program also includes a thrift store, serving as a source of supplemental funding and employment opportunities. Furthermore, Life House provides housing for up to 24 months to homeless or near-homeless individuals and families. Their comprehensive approach encompasses supporting these individuals as they strive to rebuild their lives and reintegrate into society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Life House received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 64%. This rating indicates areas of concern in accountability and financial transparency, despite some strong points such as having an independent board and a high program expense ratio, which suggests that a significant portion of their funds is directed towards their programs.
The organization has 66% independent board members, which is a positive aspect for governance. However, they scored poorly on several financial accountability measures, including the lack of financial statements and a tax form on their website. Additionally, their policies on whistleblowing and document retention are not adequately established, raising concerns about governance practices.
While Life House demonstrates a commitment to program spending, the overall financial management practices need improvement to enhance transparency and trust among donors and stakeholders. Addressing these issues could significantly improve their rating and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Life House legitimate?
Life House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life House 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: $18,120
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,409,598
For more financial information, click here
What is the mission statement of Life House?
Life House's mission is centered around collaborating with both government and business organizations to enhance the quality of life for citizens. This is achieved through the provision of education, training, character development, and leadership opportunities. The organization aims to serve as a catalyst for positive change, working towards the betterment of society as a whole. In specific contexts, Life House operates a transitional housing program to assist individuals, particularly those who have been recently released from incarceration, in re-integrating into society. As part of this program, a thrift store was established to offer supplemental funding and employment opportunities. Additionally, Life House provides housing for up to 24 months to homeless or near-homeless individuals and families, offering them a supportive environment during their transition period.
Who is the CEO of Life House?
Mark Stermer is the President of Life House.
What is the revenue of Life House?
Life House's revenue in 2022 was $4,679,095.
Who are the executives of Life House and what are their salaries?
The average compensation at Life House during 2022 was $8,202. There are 296 employees and 10 volunteers at Life House.
Here are 4 key members and their salaries:
- Compensation: $18,120
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Life House?
Life House's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Life House
Life House, a nonprofit organization, aims to collaborate with government and business entities to enhance the quality of life for citizens. They achieve this by offering education, training, character development, and leadership opportunities. The mission of Life House is to significantly impact society by working in partnership with these organizations, thereby contributing to the betterment of citizens' lives.
In specific terms, Life House engages in various initiatives to fulfill its mission. One such initiative is its Transitional Housing Program, which aims to assist men in re-entering society after serving prison sentences. This program provides housing for a period of up to two years to homeless or near-homeless individuals and families. Beyond housing, Life House also operates a thrift store, which serves as a source of supplemental funding and employment opportunities for the program's participants. This multi-faceted approach enables Life House to contribute to the holistic rehabilitation of its clients, thereby improving their chances of successful reintegration into society.
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Impact
July, 2024
Life House's impact can be seen in the positive transformation it brings to individuals reintegrating into society after being incarcerated. Through their transitional housing program and the operation of a thrift store for funding and employment opportunities, Life House facilitates the smooth reacclimatization of men into the community. Additionally, by providing housing for up to 24 months to homeless or near-homeless individuals and families, Life House directly addresses the pressing issue of homelessness in the community. Through their dedication to education, training, character building, and leadership development, Life House's work significantly contributes to improving the quality of life for citizens in Gonzales, LA.
This information is meant to be a general summary of Life House. 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.
- Program Service Revenue: $4,273,715
- Gross Receipts: $4,679,095
Assets and Liabilities:
- Total Assets: $3,993,684
- Total Liabilities: $399,535
- Net Assets: $3,594,149
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNITED WORKS
Revenue
$4,273,715
Organization Details
Founding Year
1999
Phone
(225) 753-2273Principal Officer
Mark Stermer
Main Address
PO BOX 837, GONZALES, LA, 70707
NTEE Category
Code: S20 - Community improvement
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