Lazarus House Incorporated
- Assets
- $10.1m
- Revenue
- $10.9m
- Investments
- $0.0
- Employees
- 73
- Location
- Lawrence, MA
- Founding
- 06/1986
- Data as of
- 03/2022
- EIN
- 04-2755382
Organization Overview
Lazarus House Incorporated is located in Lawrence, MA. The organization was established in 1986. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 03/2022, Lazarus House Incorporated employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lazarus House Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Lazarus House Incorporated generated $10.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $7.7m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPENING DOORS OUT OF POVERTY BY PROVIDING SHELTER, FOOD, CLOTHING AND EDUCATION, AND SUPPORT FOR THE HOMELESS AND THE POOR, IN THE LAWRENCE, MASSACHUSETTS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FOOD, CLOTHING, EDUCATION AND SHELTER FOR PEOPLE WHO SUFFER FROM POVERTY OR WHO ARE HOMELESS, IN THE GREATER LAWRENCE, MASSACHUSETTS AREA.
OPERATING THREE THRIFT STORES IN THE LAWRENCE, MASSACHUSETTS AREA WHERE CUSTOMERS CAN PURCHASE CLOTHING AND HOUSEHOLD ITEMS AT VERY LOW, OR NO, COST.
PROVIDING WORKFORCE TRAINING AND OTHER PROGRAMS TO AID CLIENTS OF THE ORGANIZATION IN SEEKING GAINFUL EMPLOYMENT, TO BECOME SELF SUFFICIENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Hassel Executive Di | 40 | $137,351 | |
Riley Quinn Doherty President | OfficerTrustee | $0 | |
Todd Johnson Vice Preside | OfficerTrustee | $0 | |
Steve Normandin Treasurer | OfficerTrustee | $0 | |
Jesus Suriel Clerk | OfficerTrustee | $0 | |
Carmen Vega Executive Di | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $726,821 |
| Related organizations | $0 |
| Government grants | $96,563 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,063,962 |
| Noncash contributions included in lines 1a–1f | $4,188,455 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,887,346 |
| Total Program Service Revenue | $0 |
| Investment income | $21,848 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $524,946 |
| Net Income from Fundraising Events | $142,400 |
| Net Income from Gaming Activities | $10,520 |
| Net Income from Sales of Inventory | $321,938 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,908,998 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $137,352 |
| Other salaries and wages | $1,468,472 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $170,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,713 |
| Fees for services: Accounting | $29,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $25,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $148,679 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $288,344 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,826 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,073 |
| Insurance | $0 |
| All other expenses | $595,584 |
| Total functional expenses | $7,678,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,074 |
| Savings and temporary cash investments | $6,724,735 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $429,430 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,896 |
| Net Land, buildings, and equipment | $1,899,769 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $768,941 |
| Total assets | $10,094,845 |
| Accounts payable and accrued expenses | $76,389 |
| Grants payable | $0 |
| Deferred revenue | $85,611 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $162,000 |
| Net assets without donor restrictions | $9,179,608 |
| Net assets with donor restrictions | $753,237 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,094,845 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lazarus House Incorporated has recieved totaling $10,075.
| Awarding Organization | Amount |
|---|---|
The Andover Companies Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,075 |
The Andover Companies Charitable Foundation Wilmington, DE PURPOSE: CHARITABLE EVENT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ali Forney Center New York, NY | $7,623,264 | $19,818,161 |
Jericho Project New York, NY | $18,950,420 | $17,611,803 |
Middlesex Human Service Agency Inc Waltham, MA | $4,587,746 | $16,335,649 |
Columbus House New Haven, CT | $15,682,244 | $16,470,970 |
Rosies Place Inc Boston, MA | $38,499,401 | $18,742,725 |
Vietnam Veterans Workshop Inc Boston, MA | $30,041,487 | $14,388,519 |
Lifting Up Westchester Inc White Plains, NY | $11,378,064 | $11,870,807 |
Lazarus House Incorporated Lawrence, MA | $10,094,845 | $10,908,998 |
St Christophers Inn Inc Garrison, NY | $7,329,399 | $7,259,618 |
Citizens Inn Inc Peabody, MA | $4,459,514 | $7,948,455 |
Casa Nueva Vida Inc Jamaica Plain, MA | $5,246,257 | $6,906,290 |
Rhode Island Coalition For The Homeless Pawtucket, RI | $2,340,548 | $6,624,624 |