nonprofit logo

The Loveland Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 833421375 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is The Loveland Foundation Inc?

The Loveland Foundation Inc., based in Brooklyn, New York, is a nonprofit organization dedicated to supporting communities of color, with a special emphasis on Black women and girls. Their mission is to make a significant impact in unique and empowering ways. The foundation's primary activity involves providing access to a comprehensive directory of mental health professionals nationwide, ensuring that these professionals deliver high-quality, culturally competent services. This nonprofit organization, which employs nine individuals, was established with the objective of uplifting and advocating for these specific communities.


Official website here: www.thelovelandfoundation.org

Is The Loveland Foundation Inc legitimate?

The Loveland Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Loveland Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $370,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $251,502

For more financial information, click here


Official website here: www.thelovelandfoundation.org

What is the mission statement of The Loveland Foundation Inc?

The Loveland Foundation Inc., with a focus on communities of color, especially Black women and girls, was established with a mission to make a significant impact in unique and powerful ways. This non-profit organization is dedicated to providing support and resources to these communities, striving to create opportunities for growth and empowerment. One of their key initiatives is the Loveland Therapy Fund, which offers Black women and girls access to a comprehensive list of mental health professionals nationwide, providing high-quality, culturally competent services.


Official website here: www.thelovelandfoundation.org

Who is the CEO of The Loveland Foundation Inc?

Sharlene Shortt is the President of The Loveland Foundation Inc. The CEO's salary of The Loveland Foundation Inc is $250,000 and their total compensation is $250,000.


Official website here: www.thelovelandfoundation.org

What is the revenue of The Loveland Foundation Inc?

The Loveland Foundation Inc's revenue in 2022 was $4,559,065.


Official website here: www.thelovelandfoundation.org

Who are the executives of The Loveland Foundation Inc and what are their salaries?

The average compensation at The Loveland Foundation Inc during 2022 was $69,056. There are 9 employees at The Loveland Foundation Inc.

Here are 5 key members and their salaries (The Loveland Foundation Inc's CEO's salary is $250,000 and their total compensation is $250,000):

    Sharlene Kemler (Chief Executive Officer)
  • Compensation: $250,000
  • Related: $0
  • Other: $0

    • Rachle Cargle (President) [Trustee/Director]
  • Compensation: $120,000
  • Related: $0
  • Other: $0

    • Joe Davis Iv (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donita Volkwijn (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Myleik Teele (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thelovelandfoundation.org

    Where can I find the form 990 for The Loveland Foundation Inc?

    The The Loveland Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thelovelandfoundation.org

    Learn more at the official website: www.thelovelandfoundation.org

    Mission Statement of The Loveland Foundation Inc

    The Loveland Foundation Inc. is a nonprofit organization that was established with a mission to make a significant impact in the lives of communities of color, with a special focus on Black women and girls. Their mission is centered around showing up for these communities in distinctive and impactful ways. This nonprofit organization is committed to addressing the unique needs and experiences of Black women and girls, recognizing the importance of their well-being and empowerment.

    The Loveland Foundation Inc. has a particular focus on mental health, as they understand the importance of mental wellness in overall well-being. To achieve this, they have established the Loveland Therapy Fund. This fund provides access to comprehensive lists of mental health professionals across the nation. These professionals are trained to offer high-quality, culturally competent services to Black women and girls. By doing so, The Loveland Foundation Inc. is working towards addressing the mental health needs of these communities in a meaningful and supportive way.

    Impact

    This information is meant to be a general summary of The Loveland Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Loveland Foundation Inc's impact is significant in providing mental health support and resources specifically tailored to Black women and girls. Through their Therapy Fund program, they offer access to a network of mental health professionals across the country who provide high-quality, culturally competent services. By focusing on communities of color, particularly Black women and girls, The Loveland Foundation Inc is actively working towards addressing mental health disparities and advocating for civil rights in a unique and powerful way.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $151,875
  • Program Service Revenue: $50,000
  • Gross Receipts: $4,559,065

    • Assets and Liabilities:
  • Total Assets: $24,012,469
  • Total Liabilities: $124,755
  • Net Assets: $23,887,714
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REVENUE

    Revenue

    $50,000

    Organization Details

    Founding Year

    2019

    Principal Officer

    Sharlene Shortt

    Main Address

    320 7TH AVENUE, BROOKLYN, NY, 11215

    NTEE Category

    Code: R20 - Civil rights

    If you are a representative of The Loveland Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.