Overview
What is Lufkin Neighborhood Strong?
Lufkin Neighborhood Strong is a nonprofit organization, situated in Lufkin, Texas, specifically at 211 E Shepherd 110. Its primary objective is to improve the living standards of the residents living in Wards 1 and 2 within the city. To accomplish this, the organization collaborates with local foundations, charities, corporations, city, state, and federal agencies. By doing so, they aim to assist homeowners in the designated area by enhancing or renovating their properties, contributing to a revitalization effort in the neighborhood. Lufkin Neighborhood Strong's mission is centered around enriching the lives of its community members and fostering a sense of improvement and growth in the targeted area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Stars)
Lufkin Neighborhood Strong has received a Two-Star rating from Charity Navigator, indicating a need for improvement in key areas of organizational accountability and transparency. The organization boasts a strong accountability and finance score of 83%, with all board members being independent, which suggests a commitment to governance. However, it has significant weaknesses in areas such as financial reporting and policy development, which are essential for demonstrating fiscal responsibility.
The nonprofit excels in its program expense ratio, allocating 100% of its expenses towards program activities, showcasing efficient use of funds. Additionally, Lufkin Neighborhood Strong has achieved perfect scores in feedback collection and usage, as well as its practices and challenges, indicating a robust engagement with the community it serves. This strong emphasis on community feedback suggests a responsive and adaptive approach to meeting local needs.
Despite these strengths, the organization faces notable challenges due to missing financial statements and various governance policies, such as conflict of interest and whistleblower policies. The lack of these key documents and policies could hinder its overall effectiveness and transparency, which are critical for building trust with donors and stakeholders. Improvements in these areas would enhance Lufkin Neighborhood Strong's credibility and operational integrity moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Lufkin Neighborhood Strong legitimate?
Lufkin Neighborhood Strong is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lufkin Neighborhood Strong 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: $65,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,651
For more financial information, click here
What is the mission statement of Lufkin Neighborhood Strong?
The mission of Lufkin Neighborhood Strong is centered around improving the lives of residents in specific wards within a city. The organization aims to achieve this by engaging in collaborative revitalization efforts. They partner with local foundations, charities, corporations, and even city, state, and federal agencies to assist homeowners in enhancing or renovating their properties in the targeted area, thereby enhancing the overall quality of life within these communities. Lufkin Neighborhood Strong's mission is to play a significant role in revitalizing the selected neighborhoods, ultimately contributing to a positive change in the lives of its residents.
What is the revenue of Lufkin Neighborhood Strong?
Lufkin Neighborhood Strong's revenue in 2023 was $913,206.
Who are the executives of Lufkin Neighborhood Strong and what are their salaries?
The average compensation at Lufkin Neighborhood Strong during 2023 was $54,667. There are 4 employees at Lufkin Neighborhood Strong.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Lufkin Neighborhood Strong?
Lufkin Neighborhood Strong's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lufkin Neighborhood Strong
Lufkin Neighborhood Strong, a community-driven organization, is dedicated to improving the lives of residents in Ward 1 and 2 of an unspecified city. Their mission is twofold: firstly, they aim to contribute to a coordinated revitalization effort by collaborating with local foundations, charities, corporations, city, state, and federal agencies. The goal is to assist homeowners in the targeted area to enhance or renovate their properties. Secondly, Lufkin Neighborhood Strong is committed to working towards the betterment of the community as a whole, with the aim of enhancing the quality of life for its residents. They strive to achieve this by partnering with various entities and offering resources to support their mission.
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Impact
July, 2024
Lufkin Neighborhood Strong has made a significant impact on enhancing the quality of life for residents in Wards 1 and 2 in the city of Lufkin. By participating in coordinated revitalization efforts and partnering with local foundations, charities, corporations, as well as city, state, and federal agencies, the organization has been able to assist homeowners in the target area to enhance or renovate their properties. This has helped improve housing conditions, support community development, and contribute to the overall well-being of residents in the neighborhood.
This information is meant to be a general summary of Lufkin Neighborhood Strong. 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.
- Gross Receipts: $913,206
Assets and Liabilities:
- Total Assets: $224,571
- Total Liabilities: $224,556
- Net Assets: $15
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Organization Details
Founding Year
2016
Principal Officer
Chase Luce
NTEE Category
Code: L81 - Housing
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