Overview
What is Lending Hands Inc?
Lending Hands Inc is a compassionate nonprofit organization based on the mission of supporting disabled and elderly individuals. By offering essential services, they aim to help these individuals maintain their independence and live comfortably in their own homes. Their primary goal is to enhance the quality of life for these groups, enabling them to achieve the highest level of self-reliance possible. The organization's activities are centered around providing assistance that empowers these individuals to remain independent, thus promoting overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating. The organization has received a score of 67 for accountability and finance, indicating some weaknesses in its financial transparency and governance practices. While it excels in the independence of its board members and demonstrates a strong program expense ratio, several critical policies and documentation are missing.
Lending Hands Inc shows a commitment to maintaining an independent board, with 100% of its members being independent, which is a significant strength for governance. Additionally, the organization does not exhibit any material diversion of assets, ensuring that resources are used appropriately. However, it lacks financial statements, a conflict of interest policy, and other important governance documents, which could raise concerns among potential donors regarding oversight and accountability.
The nonprofit also has a very high program expense ratio, indicating that nearly all of its expenses go directly toward its programs. However, the absence of a listed website on tax forms and missing documentation could hinder its credibility and transparency efforts. Overall, while Lending Hands Inc demonstrates strong performance in certain areas, improvements in governance practices and transparency are necessary for a more favorable assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Lending Hands Inc legitimate?
Lending Hands Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lending Hands 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: $726,059
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What is the mission statement of Lending Hands Inc?
Lending Hands Inc, a non-profit organization, is dedicated to improving the lives of disabled and elderly individuals. Their mission is to enable these individuals to maintain their independence and live in their own homes to the fullest extent possible. This is achieved through the provision of essential services. By doing so, Lending Hands strives to enhance the quality of life for these individuals, allowing them to lead as independent and fulfilling a life as possible.
What is the revenue of Lending Hands Inc?
Lending Hands Inc's revenue in 2024 was $985,366.
Who are the executives of Lending Hands Inc and what are their salaries?
The average compensation at Lending Hands Inc during 2024 was $11,903. There are 61 employees at Lending Hands Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lending Hands Inc?
Lending Hands Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lending Hands Inc
Lending Hands Inc, a non-profit organization, is dedicated to enhancing the lives of disabled and elderly individuals. Their mission is to empower these individuals to attain the highest level of independence possible, enabling them to live comfortably in their own homes. Lending Hands achieves this goal by offering services that cater to their unique needs, allowing them to maintain their independence and improve their quality of life.
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Impact
July, 2024
Lending Hands Inc has a significant impact on the lives of disabled and elderly individuals in Artesia, NM. By providing services that enable these individuals to live in their homes with the highest level of independence possible, Lending Hands Inc is not only improving their quality of life but also promoting a sense of dignity and autonomy. Through their dedication to human services, Lending Hands Inc is making a tangible difference in the well-being and welfare of the community's most vulnerable members.
This information is meant to be a general summary of Lending Hands 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 2024.
- Investment Income: $1,714
- Program Service Revenue: $983,534
- Gross Receipts: $985,366
Assets and Liabilities:
- Total Assets: $663,900
- Total Liabilities: $73,082
- Net Assets: $590,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERSONAL CARE INCOME
Revenue
$983,534
Organization Details
Founding Year
2000
Principal Officer
Per Landeck
NTEE Category
Code: P44 - Human services
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