Overview
What is Los Angeles County Facilities Inc?
Los Angeles County Facilities Inc is a nonprofit organization based in Seattle, Washington. Their primary mission is to support the County of Los Angeles, California, by aiding in the construction, financing, and maintenance of public buildings, such as offices and related parking facilities. Additionally, they contribute to community revitalization and economic development, combat community deterioration, promote social welfare and education, and take on other charitable activities aligned with their purpose. The organization's efforts ultimately aim to lessen the burdens of government and contribute positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Los Angeles County Facilities Inc has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly in several key areas, including the independence of its board members and the transparency of its financial documentation. This raises potential red flags for donors regarding governance and oversight.
Despite these issues, the nonprofit did excel in a few financial oversight metrics, such as having an audit and oversight committee in place and demonstrating a solid program expense ratio. This suggests that while there are governance concerns, the organization may be effectively utilizing funds in specific programs. However, the lack of transparency regarding its financial statements is a notable shortcoming.
The absence of policies like a whistleblower policy and inadequate documentation of board meeting minutes further highlight organizational weaknesses. Donors and stakeholders might want to consider these factors closely when evaluating the reliability and integrity of Los Angeles County Facilities Inc before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Los Angeles County Facilities Inc legitimate?
Los Angeles County Facilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles County Facilities 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
What is the mission statement of Los Angeles County Facilities Inc?
Los Angeles County Facilities Inc is a supporting organization that assists the County of Los Angeles in various activities. Its primary role is to help construct and maintain public buildings, monuments, facilities, housing, and works. In addition, the organization combats community deterioration and works on neighborhood revitalization and community economic development. The organization also promotes social welfare and education through cooperative programs with governmental entities and charitable and other community organizations. Furthermore, it undertakes activities that lessen the burdens of government and carries out other charitable activities related to these purposes, as permitted by law.
What is the revenue of Los Angeles County Facilities Inc?
Los Angeles County Facilities Inc's revenue in 2024 was $17,873,560.
Who are the executives of Los Angeles County Facilities Inc and what are their salaries?
There 1 volunteer at Los Angeles County Facilities Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $100,000
- Other: $4,000
- Compensation: $0
- Related: $100,000
- Other: $4,000
- Compensation: $0
- Related: $225,000
- Other: $9,000
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Los Angeles County Facilities Inc?
Los Angeles County Facilities Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Los Angeles County Facilities Inc
Los Angeles County Facilities Inc, a supportive organization to the County of Los Angeles, California, carries out various activities in aid of the county. The organization's primary role is to assist in the erection and maintenance of public buildings, monuments, facilities, housing, and works. By doing so, they contribute to the upkeep of the county's infrastructure and help combat community deterioration.
In addition to infrastructure support, Los Angeles County Facilities Inc engages in neighborhood revitalization and community economic development. Their efforts in these areas lessen the burdens of government and enhance the overall wellbeing of the community. The organization also promotes social welfare and education through cooperative programs with governmental entities and charitable and other community organizations.
Los Angeles County Facilities Inc's multifaceted mission extends beyond the maintenance of physical structures. They undertake activities associated with their purposes as allowed by law, working towards a better future for the community they serve. Their commitment to the County of Los Angeles is integral, as they continue to make a difference through their various initiatives.
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Impact
October, 2024
Los Angeles County Facilities Inc plays a crucial role in supporting the infrastructure and community development efforts within Los Angeles County. Its activities center around the construction and maintenance of public buildings and facilities, which are vital for the county's operational needs. By facilitating the erection of these structures, the organization directly contributes to the enhancement of public services and amenities, improving the overall quality of life for residents.
Moreover, the organization is actively involved in combating community deterioration through neighborhood revitalization initiatives. This aspect of its work fosters economic development in various communities, helping to uplift areas that may be struggling. The commitment to social welfare and education is also evident, as it collaborates with governmental and charitable organizations to implement programs that benefit the community at large.
Additionally, by undertaking activities that alleviate government burdens, Los Angeles County Facilities Inc ensures that public resources are utilized more effectively, allowing for a more efficient response to community needs. Overall, its impact is felt through improved public infrastructure, enhanced community engagement, economic development, and the promotion of social welfare, leading to a stronger and more resilient Los Angeles County.
This information is meant to be a general summary of Los Angeles County Facilities 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 2024.
- Investment Income: $63
- Program Service Revenue: $17,873,497
- Gross Receipts: $17,910,370
Assets and Liabilities:
- Total Assets: $326,611,735
- Total Liabilities: $353,502,231
- Net Assets: -$26,890,496
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE REVENUE
Revenue
$17,873,497
Organization Details
Founding Year
2016
Principal Officer
John Finke
NTEE Category
Code: S47 - Community improvement
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