Overview
What is Lydia Place?
Lydia Place is a nonprofit organization located in Bellingham, Washington, with a postal address of PO Box 28487. Their primary mission is to combat the cycle of homelessness, particularly in families with children, by providing both temporary and permanent housing solutions. Research indicates that children who have experienced homelessness are more likely to face homelessness as adults, and Lydia Place recognizes the importance of stable housing as a foundation for family success. To achieve this, they offer interim housing, permanent housing placements, intensive case management, and wrap-around services to over 200 households annually in Whatcom County. Their objective is to disrupt the cycle of homelessness and promote sustained independence for current and future generations.
Official website here: www.lydiaplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Lydia Place has received an impressive Four-Star out of Four Star rating from Charity Navigator, indicating high performance across several key areas. The organization excels in accountability and finance, with a perfect score of 100% for having an entirely independent board and robust financial oversight mechanisms. With an 85.89% program expense ratio, a significant majority of its expenditures are directed towards its mission, showcasing a strong commitment to effective resource allocation.
The nonprofit also demonstrates strong constituent engagement, reflected by perfect scores in feedback collection and usage. This suggests that Lydia Place prioritizes the voices of those it serves, using their input to enhance its programs and strategies. Additionally, the organization has robust policies in place to ensure transparency and ethical practices.
While the overall ratings are highly favorable, the equity strategies score of 89 out of 100 indicates there may be room for improvement in how the organization implements equity practices. Nonetheless, Lydia Place stands out as a well-managed and community-focused nonprofit with a proven track record of effective service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Lydia Place legitimate?
Lydia Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lydia Place 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: $132,599
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,033,958
For more financial information, click here
Official website here: www.lydiaplace.org
What is the mission statement of Lydia Place?
Lydia Place, an organization, aims to disrupt the cycle of homelessness and promote sustained independence for current and future generations. Their Family Housing Program is a key initiative, providing immediate and lasting housing interventions to prevent the generational cycle of homelessness. Research indicates that children who experience homelessness are more likely to become homeless adults than their peers, with over 30% of homeless parents reporting experiencing homelessness as children. Recognizing the importance of stable housing as a foundation for family success, Lydia Place's Family Housing Program offers interim housing, permanent housing placements, intensive case management, and wrap-around services to families with children experiencing homelessness. Serving over 200 households annually, Lydia Place serves as a vital resource in addressing homelessness in the community.
Official website here: www.lydiaplace.org
Who is the CEO of Lydia Place?
Kari Doss is the President of Lydia Place.
Official website here: www.lydiaplace.org
What is the revenue of Lydia Place?
Lydia Place's revenue in 2022 was $5,482,805.
Official website here: www.lydiaplace.org
Who are the executives of Lydia Place and what are their salaries?
The average compensation at Lydia Place during 2022 was $40,121. There are 54 employees and 181 volunteers at Lydia Place.
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- Compensation: $123,250
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- Other: $9,349
Official website here: www.lydiaplace.org
Where can I find the form 990 for Lydia Place?
Lydia Place's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lydiaplace.org
Learn more at the official website: www.lydiaplace.org
Mission Statement of Lydia Place
Lydia Place, a nonprofit organization, is dedicated to disrupting the cycle of homelessness and promoting sustained independence for current and future generations. Recognizing the significant impact of childhood homelessness on adults, Lydia Place aims to provide immediate and lasting housing interventions to prevent the generational cycle of homelessness. This is achieved through their Family Housing Program (FHP), which serves over 200 households annually. The FHP offers interim housing, permanent housing placements, intensive case management, and wrap-around services to families with children experiencing homelessness. By addressing the foundational need for stable housing in conjunction with additional supports, Lydia Place strives to contribute to the overall success of these families, ultimately aiming to break the cycle of homelessness for future generations.
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Impact
July, 2024
Lydia Place disrupts the cycle of homelessness and promotes sustained independence for current and future generations by providing immediate and lasting housing interventions. Research shows that children who experience homelessness and other adverse childhood experiences are significantly more likely to experience homelessness as adults. Over 30% of parents experiencing homelessness reported facing homelessness during their own childhoods. Lydia Place's Family Housing Program serves more than 200 households annually in Whatcom County, providing interim housing, permanent housing placements, intensive case management, and wrap-around services to families with children experiencing homelessness. This program is a cornerstone resource in the community, aiming to break the cycle of homelessness and support families towards a stable and independent future.
This information is meant to be a general summary of Lydia Place. 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: -$970
- Program Service Revenue: $182,113
- Gross Receipts: $5,576,845
Assets and Liabilities:
- Total Assets: $9,745,690
- Total Liabilities: $1,343,163
- Net Assets: $8,402,527
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENT REVENUE
Revenue
$96,203
MENTAL HEALTH PROGRAM
Revenue
$43,130
PROGRAM SERVICE FEES
Revenue
$42,780
Organization Details
Founding Year
1989
Phone
(360) 671-7663Principal Officer
Kari Doss
Main Address
PO BOX 28487, BELLINGHAM, WA, 98228
Website
www.lydiaplace.orgNTEE Category
Code: L41 - Housing
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