Overview
What is La Puente Enterprises?
La Puente Enterprises is a nonprofit organization situated in Alamosa, Colorado. Their primary mission is to provide job training and affordable clothing, among other essential items, to individuals in need. The organization operates a thrift store and a coffee shop, offering a chance for the homeless and near homeless to gain employment skills. Referrals for their services are typically made by local social services and mental health agencies, further emphasizing their commitment to helping the less fortunate in their community. With a workforce of 34 individuals, La Puente Enterprises strives to make a meaningful difference in Alamosa.
Official website here: www.lapuente.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
La Puente Enterprises has received an 88% rating from Charity Navigator, indicating a strong level of accountability and finance management. The organization excels in maintaining an independent board, with all eight members being independent, which is crucial for unbiased decision-making. Their financial oversight is robust, evidenced by a perfect score in audit and oversight committee assessments and a low liabilities to assets ratio.
However, the organization has some areas for improvement, particularly in governance policies. La Puente Enterprises is lacking a whistleblower policy and a document retention and destruction policy, which are essential for transparency and ethical management. Additionally, their tax forms are not posted on their website, which could limit accessibility to important financial information for stakeholders.
Despite these limitations, La Puente Enterprises demonstrates a commitment to using a high percentage of its expenses on programs, achieving a program expense ratio of over 92%. This suggests that they are effectively directing resources toward their mission, making them a reputable option for potential donors looking to support their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is La Puente Enterprises legitimate?
La Puente Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Puente Enterprises 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: $535,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lapuente.net
What is the mission statement of La Puente Enterprises?
La Puente Enterprises is dedicated to providing mission-oriented services. Their primary objective is to offer job training opportunities and affordable clothing, among other essentials, to individuals who are economically disadvantaged. By operating a thrift store and a coffee shop, they aim to provide low or no-cost clothing and other necessities to those in need. Additionally, they offer job training programs to the homeless and near-homeless, often receiving referrals from local social services and mental health agencies. The organization's goal is to empower these individuals, helping them improve their livelihoods and gain valuable job skills.
Official website here: www.lapuente.net
What is the revenue of La Puente Enterprises?
La Puente Enterprises's revenue in 2024 was $1,028,217.
Official website here: www.lapuente.net
Who are the executives of La Puente Enterprises and what are their salaries?
The average compensation at La Puente Enterprises during 2024 was $16,226. There are 33 employees and 15 volunteers at La Puente Enterprises.
Here are 10 key members and their salaries:
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Official website here: www.lapuente.net
Where can I find the form 990 for La Puente Enterprises?
La Puente Enterprises's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lapuente.net
Learn more at the official website: www.lapuente.net
Mission Statement of La Puente Enterprises
La Puente Enterprises, a nonprofit organization, is dedicated to providing job training and affordable clothing, among other essentials, to those in need. The mission of this organization is to extend a helping hand to the poor and homeless individuals in the community. By operating a thrift store and a coffee shop, La Puente Enterprises offers low-cost or even no-cost clothing, as well as other essential items, to those who are struggling financially.
Furthermore, La Puente Enterprises is committed to providing job training opportunities to the homeless and near-homeless population. Receiving referrals from local county social services and mental health agencies, this nonprofit organization offers a chance for individuals to acquire job skills and gain employment, ultimately improving their lives. By offering both essential resources and job training, La Puente Enterprises aims to uplift and empower those in need, contributing positively to the community.
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Impact
July, 2024
La Puente Enterprises has a direct impact on the community by providing job training and low-cost clothing to the poor and needy in Alamosa, CO. Through their thrift store and coffee shop operations, they offer essential resources to individuals facing financial challenges. Additionally, they focus on offering job training to the homeless and near-homeless population, helping them gain valuable skills for future employment opportunities. By collaborating with county social services and mental health agencies, La Puente Enterprises ensures that those in need receive the support and assistance required to improve their quality of life. Their efforts play a significant role in addressing human services needs in the community and empowering individuals to overcome economic barriers.
This information is meant to be a general summary of La Puente Enterprises. 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: $40,493
- Gross Receipts: $1,226,820
Assets and Liabilities:
- Total Assets: $874,865
- Total Liabilities: $81,238
- Net Assets: $793,627
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Organization Details
Founding Year
1996
Principal Officer
Lance Cheslock
Website
www.lapuente.netNTEE Category
Code: P29 - Human services
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