Overview
What is Laurel Court Inc?
Laurel Court Inc is a nonprofit organization situated in Eugene, Oregon. Their primary focus is on offering 16 units of affordable housing to individuals who are managing psychiatric disabilities. By providing this housing, their mission is to support and accommodate those individuals in need, ensuring they have a stable living environment. Laurel Court Inc's core objective is to enhance the quality of life for individuals living with psychiatric disabilities by providing them with suitable housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Laurel Court Inc has received a solid rating of 87%, reflecting a strong performance in accountability and finance. This score is significant as it indicates the organization's commitment to transparency and responsible financial management. The rating is derived entirely from the accountability and finance beacon, highlighting the importance of these factors in evaluating nonprofit effectiveness.
The organization boasts a fully independent board with all ten members meeting criteria for independence. Additionally, there is no material diversion of assets reported, and they maintain thorough conflict of interest and document retention policies. The program expense ratio of 100% suggests that all expenditures directly support their programs, showcasing effective resource allocation.
While Laurel Court Inc has demonstrated robust financial practices and governance, the single beacon score means that areas such as program impact and outcomes are not assessed in this rating. Therefore, potential donors and stakeholders may wish to explore more about the organization's specific programs to gain a fuller picture of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Laurel Court Inc legitimate?
Laurel Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Court 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: $5,520
For more financial information, click here
What is the mission statement of Laurel Court Inc?
Laurel Court Inc, as an organization, is committed to providing housing for individuals who are coping with psychiatric disabilities. Their primary mission is to offer suitable living spaces for these individuals, aiming to support their well-being and facilitate their integration into society. The organization operates 16 units of affordable housing, providing a secure and inclusive environment for those in need. Laurel Court Inc's mission is centered around fostering a sense of community and ensuring that individuals living with psychiatric disabilities have access to a stable living situation. This not only supports their mental health but also contributes to their overall quality of life.
What is the revenue of Laurel Court Inc?
Laurel Court Inc's revenue in 2024 was $69,371.
Who are the executives of Laurel Court Inc and what are their salaries?
There 3 volunteers at Laurel Court 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 Laurel Court Inc?
Laurel Court Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Laurel Court Inc
Laurel Court Inc, as a nonprofit organization, is committed to providing housing for individuals who are living with psychiatric disabilities. Their mission is evident in their dedication to offering 16 units of affordable housing specifically designed for individuals with such conditions. By doing so, Laurel Court Inc aims to create an environment where these individuals can reside with dignity and security, thereby contributing to their overall well-being and recovery. The organization's focus on housing is a testament to its belief that a stable living situation is a fundamental requirement for individuals living with psychiatric disabilities to lead fulfilling and independent lives.
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Impact
August, 2024
Laurel Court Inc provides essential housing for individuals living with psychiatric disabilities in Eugene, Oregon. Their impact can be seen in the 16 units of affordable housing they offer, providing a stable and supportive living environment for those in need. This organization plays a crucial role in addressing the housing needs of this vulnerable population, helping improve their quality of life and overall well-being.
This information is meant to be a general summary of Laurel Court 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: $17
- Program Service Revenue: $69,354
- Gross Receipts: $69,371
Assets and Liabilities:
- Total Assets: $570,290
- Total Liabilities: $58,362
- Net Assets: $511,928
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent receipts
Revenue
$66,422
Tenant charges
Revenue
$2,540
Laundry income
Revenue
$392
Organization Details
Founding Year
1998
Principal Officer
Ryan Moore
NTEE Category
Code: L80 - Housing
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