Overview
What is Lighthouse Community Investment Agency Inc?
Lighthouse Community Investment Agency Inc, situated in Delbarton, West Virginia, operates as a nonprofit organization. Their primary focus is to offer support and economic assistance to individuals in recovery from various health conditions or addictions. They achieve this by providing job training opportunities, enabling their community members to gain valuable skills and integrate back into society. Additionally, Lighthouse Community Investment Agency Inc operates a sober living structure, offering a safe and supportive environment for these individuals during their recovery process. This comprehensive approach aims to empower individuals and help them rebuild their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Stars
Lighthouse Community Investment Agency Inc has received a low rating of 39% from Charity Navigator, resulting in a Zero-Star designation. This score is based solely on its Accountability & Finance metrics. While the organization shows strengths in governance, such as having a fully independent board and documented board meeting minutes, its overall financial transparency and management have raised concerns.
The organization has significant gaps in its financial reporting, including missing financial statements and key policies like conflict of interest and whistleblower protections. This lack of essential documentation has contributed to its poor performance in this category, resulting in a low liabilities to assets ratio and an overall weak financial profile.
Despite a relatively decent program expense ratio, which indicates some level of commitment to its mission, the absence of crucial financial documents and policies highlights potential risks in accountability and governance practices. Stakeholders may want to consider these factors when evaluating the trustworthiness and operational integrity of the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Lighthouse Community Investment Agency Inc legitimate?
Lighthouse Community Investment Agency Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lighthouse Community Investment Agency 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: $1,187,064
For more financial information, click here
What is the mission statement of Lighthouse Community Investment Agency Inc?
Lighthouse Community Investment Agency Inc is committed to providing social and economic assistance to individuals recovering from health conditions or addictions. They achieve this by offering job training opportunities, serving as a beacon of hope for the community in need. The agency's mission is to empower these individuals by equipping them with necessary skills, thereby enhancing their chances of re-integrating into the workforce and leading fulfilling lives. This non-profit organization operates as a behavioral health facility, providing a sober living structure and educational programs for individuals recovering from addiction, offering them a supportive environment during their journey towards recovery.
Who is the CEO of Lighthouse Community Investment Agency Inc?
Hie Michael Carter is the Assistant Ch of Lighthouse Community Investment Agency Inc.
What is the revenue of Lighthouse Community Investment Agency Inc?
Lighthouse Community Investment Agency Inc's revenue in 2022 was $3,627,167.
Who are the executives of Lighthouse Community Investment Agency Inc and what are their salaries?
The average compensation at Lighthouse Community Investment Agency Inc during 2022 was $10,991. There are 108 employees at Lighthouse Community Investment Agency Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
Where can I find the form 990 for Lighthouse Community Investment Agency Inc?
Lighthouse Community Investment Agency Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lighthouse Community Investment Agency Inc
Lighthouse Community Investment Agency, a nonprofit organization, is dedicated to offering social and economic assistance to individuals in the community who are recuperating from health conditions or addictions. Its mission is to provide job training opportunities as a means of empowerment and rehabilitation. By offering these opportunities, the agency aims to help these individuals regain their independence and reintegrate into society. This is accomplished through a behavioral health facility that offers a sober living structure, providing a supportive environment for individuals as they work towards overcoming addiction. Alongside this, Lighthouse Community Investment Agency also offers job training and education, equipping individuals with the skills necessary to secure employment and sustain a stable life.
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Impact
July, 2024
Lighthouse Community Investment Agency Inc's impact can be seen in the transformation of individuals recovering from health conditions or addictions within the community of Delbarton, WV. By providing a sober living structure along with job training and education opportunities, they facilitate the rehabilitation and reintegration of these individuals into society. Through their focus on community improvement, they not only address the immediate needs of their clients but also contribute to the overall well-being and prosperity of the community as a whole.
This information is meant to be a general summary of Lighthouse Community Investment Agency 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 2022.
- Program Service Revenue: $3,185,304
- Gross Receipts: $3,627,167
Assets and Liabilities:
- Total Assets: $659,941
- Total Liabilities: $370,581
- Net Assets: $289,360
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERENITY PROJECT INCOME
Revenue
$3,185,304
Organization Details
Founding Year
2018
Phone
(304) 475-4663Principal Officer
Hie Michael Carter
Main Address
PO BOX 466, DELBARTON, WV, 25670
NTEE Category
Code: S30 - Community improvement
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