Overview
What is Legacy Center Incorporated?
Legacy Center Incorporated is a nonprofit organization situated in Canon City, Colorado. With a workforce of 45 dedicated individuals, they are committed to providing assisted living facilities and services. Their mission is unique, as they admit individuals without considering their ability to pay, ensuring equal access to care for all. The organization's primary activity revolves around operating an assisted living facility, offering essential support and care to its residents. Their location at 1335 Bauer Lane in Canon City, Colorado, serves as a testament to their commitment to serving their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Legacy Center Incorporated has received a one-star rating from Charity Navigator, primarily due to its low score in the Accountability & Finance category. The organization scored 53% overall, with significant weaknesses in governance practices, including a lack of independent board members and missing critical policies like conflict of interest and whistleblower protections.
Despite these governance issues, the organization shows strength in its program expense ratio, with 88.77% of its expenses going towards programs. This indicates a commitment to its mission, and the absence of material diversion of assets is a positive aspect. However, the absence of a website listed on their tax form and the lack of transparency in their financial practices raise concerns for potential donors and stakeholders.
Overall, while Legacy Center Incorporated demonstrates effective program spending, the significant gaps in accountability and governance could affect its sustainability and public trust. Potential supporters may want to consider these factors when evaluating the organization's reliability and integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Center Incorporated legitimate?
Legacy Center Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Center Incorporated 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: $681,680
For more financial information, click here
What is the mission statement of Legacy Center Incorporated?
Legacy Center Incorporated's mission is centered around operating an assisted living facility, accepting individuals regardless of their financial capabilities. This non-profit organization is committed to ensuring that everyone in need of such services has access to them, irrespective of their ability to pay. Through this initiative, Legacy Center Incorporated has made a significant impact by providing assisted living facilities and related services.
Who is the CEO of Legacy Center Incorporated?
Lawrence Cowan is the President of Legacy Center Incorporated.
What is the revenue of Legacy Center Incorporated?
Legacy Center Incorporated's revenue in 2022 was $1,141,705.
Who are the executives of Legacy Center Incorporated and what are their salaries?
The average compensation at Legacy Center Incorporated during 2022 was $15,148. There are 45 employees at Legacy Center Incorporated.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Legacy Center Incorporated?
Legacy Center Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Legacy Center Incorporated
Legacy Center Incorporated is dedicated to serving individuals in need, particularly in the realm of assisted living. This nonprofit organization stands out for its commitment to admitting individuals without regard to their ability to pay. By operating an assisted living facility, Legacy Center Incorporated provides a crucial service, ensuring that those who require such care are not denied access due to financial constraints. This mission aligns with a desire to promote equality and accessibility, thereby contributing to a more inclusive community.
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Impact
July, 2024
Legacy Center Incorporated has had a significant impact on the community by providing essential assisted living facilities and services to individuals in need, regardless of their ability to pay. This has not only improved the quality of life for those receiving care but has also demonstrated a commitment to inclusivity and accessibility in healthcare. Through their mission-driven approach, Legacy Center Incorporated has made a tangible difference in the lives of many individuals in Canon City, CO, and has set a commendable example for others in the health sector.
This information is meant to be a general summary of Legacy Center Incorporated. 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.
- Investment Income: $25
- Program Service Revenue: $1,075,274
- Gross Receipts: $1,141,705
Assets and Liabilities:
- Total Assets: $1,221,154
- Total Liabilities: $763,448
- Net Assets: $457,706
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent
Revenue
$1,075,274
Organization Details
Founding Year
1994
Phone
(719) 275-2917Principal Officer
Lawrence Cowan
Main Address
1335 Bauer Lane, Canon City, CO, 81212
NTEE Category
Code: E80Z - Health
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