Overview
What is Lamont House Inc?
Lamont House Inc, established in 1997, is a nonprofit organization dedicated to providing HUD housing for men with learning disabilities. The primary mission of Lamont House is fostering a supportive environment where residents engage in various activities, such as group excursions, movie nights, bowling, attending Special Olympics events, and participating in parties and drumming circles. Residents enjoy each other's company, often spending time together instead of in their individual rooms. Music and dancing are popular activities, with a particular fondness for The Beatles. Lamont House's operations are sponsored by CEDARS OF MARIN, a long-standing organization that began as a private school for special needs children in Ross, California, and now serves adults with developmental disabilities.
Official website here: www.cedarslife.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Star rating)
Lamont House Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The charity's score is primarily derived from its Accountability & Finance score, which stands at 72%. This rating reflects the organization's commitment to transparency and ethical governance, particularly highlighted by its independent board members, which received full points.
The organization demonstrates strengths in several areas, such as maintaining a majority independent board and having a solid conflict of interest policy, both of which contribute favorably to its score. Additionally, Lamont House Inc has a high program expense ratio at 87.53%, suggesting that a significant portion of its expenditures is directed towards its programs rather than administrative costs.
However, there are notable limitations, particularly regarding its liabilities to assets ratio, which is 106.06%. This indicates that the organization has more liabilities than assets, a factor that negatively impacts its overall financial health. While the charity performs well in accountability measures, stakeholders may want to consider these financial challenges when evaluating the organization's sustainability and operational viability.
This AI summary has been generated from information found on Charity Navigator.
Is Lamont House Inc legitimate?
Lamont House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lamont House 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: $0
For more financial information, click here
Official website here: www.cedarslife.org
What is the mission statement of Lamont House Inc?
Lamont House Inc, established in 1997, is dedicated to providing housing for men with learning disabilities, under the sponsorship of CEDARS OF MARIN. This organization, which originated as a privately owned special needs school in Ross, California in 1919, now serves adults with developmental disabilities. The residents of Lamont House engage in various activities together, such as group excursions, movie outings, bowling, participating in Special Olympics, and attending social events. They also enjoy shared hobbies, like music and dancing, with many of them being fans of the Beatles. The atmosphere at Lamont House encourages friendliness and support among the residents, who often choose to spend time together rather than in their individual rooms.
Official website here: www.cedarslife.org
What is the revenue of Lamont House Inc?
Lamont House Inc's revenue in 2024 was $57,063.
Official website here: www.cedarslife.org
Who are the executives of Lamont House Inc and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $171,981
- Other: $20,468
- Compensation: $0
- Related: $159,163
- Other: $20,083
- Compensation: $0
- Related: $115,575
- Other: $18,392
- Compensation: $0
- Related: $83,518
- Other: $3,496
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cedarslife.org
Where can I find the form 990 for Lamont House Inc?
Lamont House Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cedarslife.org
Learn more at the official website: www.cedarslife.org
Mission Statement of Lamont House Inc
Lamont House Inc, established in 1997, is dedicated to providing HUD housing for men with learning disabilities. This mission is rooted in the broader work of its sponsor, CEDARS OF MARIN, a nonprofit organization that began in Ross, California as a privately owned school for special needs children in 1919. The mission of Lamont House Inc extends beyond just providing housing; it aims to create a supportive community for its residents.
The residents of Lamont House Inc engage in various social activities, fostering a sense of camaraderie. They enjoy group outings in the house van, attend movies and dances, participate in Special Olympics, and enjoy monthly dances organized by Novato Parks and Recreation Dept. The men also share a common love for music, often spontaneously breaking into dance while dinner is being prepared, and are particularly fond of the Beatles. The atmosphere at Lamont House Inc is one of friendliness and support, with the men often choosing to spend time together rather than in their individual rooms. The overall mission of Lamont House Inc is to provide a safe and supportive living environment for men with learning disabilities, promoting their social integration and personal growth.
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Impact
August, 2024
The Lamont House Inc, operating under the sponsorship of Cedars of Marin, has a profound impact on the lives of learning-disabled men by providing HUD housing. The organization creates a supportive and engaging environment where residents can participate in group excursions, social activities, and community events. By fostering camaraderie and a sense of community among its residents, Lamont House Inc promotes friendship, inclusivity, and personal growth.
This information is meant to be a general summary of Lamont House 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: $51
- Program Service Revenue: $57,012
- Gross Receipts: $57,063
Assets and Liabilities:
- Total Assets: $357,734
- Total Liabilities: $379,430
- Net Assets: -$21,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental-low cost housing
Revenue
$57,012
Organization Details
Founding Year
1997
Principal Officer
Scott Price
Website
www.cedarslife.orgNTEE Category
Code: L210 - Housing
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