Overview
What is Lake County Community Development Corp?
Lake County Community Development Corp is a nonprofit organization dedicated to fostering both economic and social growth in the community. They accomplish this by offering assistance to local entities, aiding in the creation of job opportunities and promoting economic expansion. This is achieved through the development and promotion of a shared use processing and business center. Furthermore, they manage project management funds for various sectors, including local governments and non-profit organizations. Their mission is to contribute positively to the community's development, ultimately benefiting Lake County as a whole.
Official website here: www.missionwestcdp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Lake County Community Development Corp has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. This rating is based entirely on a single beacon score, where the organization scored 90% in accountability and financial management. The organization demonstrated excellence in various areas, including having a fully independent board and a robust audit and oversight committee.
The nonprofit has shown strong governance practices, with a majority of its board members being independent and all relevant policies being properly listed, including conflict of interest and whistleblower policies. The program expense ratio is commendable at 76.31%, indicating that a substantial portion of its budget is directed toward programmatic activities rather than administrative costs.
However, the organization scored lower on its liabilities to assets ratio at 57.72%, which suggests potential concerns regarding financial leverage. While this does not diminish the overall positive outlook on their financial practices, it may warrant closer attention to ensure long-term sustainability and financial health. Overall, Lake County Community Development Corp stands out for its high standards in accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lake County Community Development Corp?
96% of 10 reviewers on Facebook recommend Lake County Community Development Corp. Here is a summary of their reviews:
The reviews highlight that Lake County Community Development Corp is regarded as an excellent resource for the community. Many express satisfaction with their services and initiatives, indicating that the nonprofit effectively addresses local needs and supports community development.
Overall, this organization appears to be making a positive impact, as users appreciate its contributions and the assistance it provides to residents.
This AI summary has been generated from reviews found on Facebook.
Is Lake County Community Development Corp legitimate?
Lake County Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake County Community Development Corp 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: $108,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $734,331
For more financial information, click here
Official website here: www.missionwestcdp.org
What is the mission statement of Lake County Community Development Corp?
Lake County Community Development Corporation serves to foster community economic and social development. They accomplish this by offering assistance to local entities, aiding in the creation of job opportunities and promoting economic growth. This is achieved through the development and marketing of a shared use processing and business center. Moreover, the corporation manages project management funds for various local government entities and non-profit organizations.
Official website here: www.missionwestcdp.org
Who is the CEO of Lake County Community Development Corp?
Jan Tusick is the President of Lake County Community Development Corp.
Official website here: www.missionwestcdp.org
What is the revenue of Lake County Community Development Corp?
Lake County Community Development Corp's revenue in 2023 was $2,727,876.
Official website here: www.missionwestcdp.org
Who are the executives of Lake County Community Development Corp and what are their salaries?
The average compensation at Lake County Community Development Corp during 2023 was $27,186. There are 31 employees and 14 volunteers at Lake County Community Development Corp.
Here are 16 key members and their salaries:
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- Compensation: $73,379
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- Compensation: $32,852
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Official website here: www.missionwestcdp.org
Where can I find the form 990 for Lake County Community Development Corp?
Lake County Community Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.missionwestcdp.org
Learn more at the official website: www.missionwestcdp.org
Mission Statement of Lake County Community Development Corp
Lake County Community Development Corporation, as a non-profit organization, is dedicated to promoting community economic and social development. Their mission is to offer aid to local entities in creating job opportunities and stimulating economic growth. They accomplish this by spearheading the development and marketing of a shared use processing and business center. Furthermore, Lake County Community Development Corporation manages project management funds for various governmental bodies and other non-profit organizations. This multifaceted approach allows them to contribute significantly to the local economy, fostering growth and job creation within their community.
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Impact
July, 2024
Lake County Community Development Corp's impact is evident in the positive changes it brings to the community through its focus on economic and social development. By providing assistance to local entities to create job opportunities and foster economic growth, the organization plays a crucial role in transforming the community. The development and marketing of a shared use processing and business center further enhance the economic landscape, benefiting both businesses and residents. Additionally, the management of project management funds for local government and nonprofit organizations demonstrates the organization's commitment to supporting various community initiatives. Through its work, Lake County Community Development Corp significantly contributes to improving the overall well-being and prosperity of the community in Ronan, MT.
This information is meant to be a general summary of Lake County Community Development Corp. 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: $23,773
- Program Service Revenue: $300,182
- Gross Receipts: $2,747,043
Assets and Liabilities:
- Total Assets: $8,909,385
- Total Liabilities: $5,143,039
- Net Assets: $3,766,346
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOANS FUND INTEREST
Revenue
$283,632
INFRAST/ COMM DEVEL
Revenue
$16,550
Organization Details
Founding Year
1995
Phone
(406) 676-5901Principal Officer
Jan Tusick
Main Address
PO BOX 128, RONAN, MT, 59864
Website
www.missionwestcdp.orgNTEE Category
Code: S30 - Community improvement
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