Life Remodeled-A Nonprofit Corporation is located in Detroit, MI. The organization was established in 2011. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Life Remodeled-A Nonprofit Corporation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Remodeled-A Nonprofit Corporation 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 12/2021, Life Remodeled-A Nonprofit Corporation generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LIFE REMODELED REPURPOSES VACANT SCHOOL BUILDINGS INTO ONE STOP HUBS OF OPPORTUNITY FOR ENTIRE FAMILIES TO THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURFEE INNOVATION SOCIETY - THE DURFEE INNOVATION SOCIETY (DIS) EXISTS TO CREATE SUBSTANTIAL AND IMPACTFUL OPPORTUNITIES FOR DETROIT CHILDREN, FAMILIES AND SINGLE ADULTS TO THRIVE IN THE AREAS OF YOUTH PROGRAMS, JOBS AND COMMUNITY RESOURCES WHILE ADVANCING CROSS-SECTOR COLLABORATION.IN MAY OF 2021, LIFE REMODELED REACHED 100% OCCUPANCY OF THE BUILDING WITH NEARLY 40 TENANTS WHO DIRECTLY SERVED 17,500+ DETROITERS. WE COMPLETED TWO PROGRAM SPACES FOR YOUTH AND FAMILIES-- THE DIVE (THE FORMER POOL TURNED YOUTH HANGOUT SPACE) AND THE SPIN (TOTALLY FREE LAUNDROMAT).
SIX DAY PROJECT - EACH YEAR, LIFE REMODELED MOBILIZES THOUSANDS OF VOLUNTEERS OVER SIX DAYS TO CLEAR BLIGHT AND BEAUTIFY THE FOUR SQUARE MILES SURROUNDING OUR CURRENT OPPORTUNITY HUB, THE DURFEE INNOVATION SOCIETY. THROUGHOUT THE PROCESS OF UNIFYING FOR A COMMON MISSION, PARTICIPANTS FROM BOTH THE CITY AND THE SUBURBS BEGIN TO REALIZE HOW MUCH THEY RESPECT AND NEED EACH OTHER WHICH IS A CATALYST FOR LONG-TERM RELATIONSHIPS AND PARTNERSHIPS.IN 2022, WE MOBILIZED 3,822 VOLUNTEERS FROM 173 DIFFERENT GROUPS TO CLEAR BLIGHT ON 150 BLOCKS SURROUNDING THE DIS DURING OUR 11TH ANNUAL SIX DAY PROJECT (OCTOBER 4-9, 2022)
COMMUNITY ENGAGEMENT - LIFE REMODELED HAS SEEN A DIRECT LINK BETWEEN ENGAGEMENT FROM STUDENTS AND FAMILIES IN THE NEIGHBORHOODS WE SERVE EQUATING TO SUCCESS OF THE PROGRAMS AT THE DIS. THEREFORE, WE CONTINUE TO ENGAGE WITH THE STUDENTS, PARENTS, STAFF AND TEACHERS AT DURFEE ELEMENTARY-MIDDLE AND CENTRAL HIGH SCHOOL IN ORDER TO REACH OUR GOALS OF HELPING THE SCHOOLS INCREASE ATTENDANCE AS WELL AS IMPROVE MATH AND READING SCORES. IN 2021, LIFE REMODELED FOCUSED ON FILLING THE GAPS MANY DPSCD STUDENTS WERE EXPERIENCING AS VIRTUAL LEARNING CONTINUED. IN THE EARLY PARTS OF THE YEAR, WE PROVIDED A SAFE SPACE FOR MORE THAN 40 YOUTH IN OUR SAFE CENTER FOR ONLINE LEARNING TO LOG-IN TO THEIR VIRTUAL LEARNING IN A FOCUSED ENVIRONMENT. WE ALSO HOSTED MORE THAN 1,400 YOUTH AND FAMILIES DURING OUR MONTHLY LIT FRIDAYS AND OTHER YOUTH EVENTS SUCH AS AN EASTER EGG HUNT, THANKSGIVING DINNER, SUMMER BBQ, CHRISTMAS GIVEAWAY, KARAOKE PARTY, ETC.FINALLY, LIFE REMODELED WAS ABLE TO CONTINUE TO ENGAGE WITH OUR LIFE REMODELED LIFE REMODELED YOUTH ALLIANCE WHO CONTINUE TO GROW IN THEIR LEADERSHIP ABILITIES AND ADVISORY CAPACITY.
THE REMAINING PROGRAMS INCLUDE HOME REPAIRS AND COMMUNITY ENGAGEMENT. LIFE REMODELED PROVIDES ONE OF THREE QUALITY-OF-LIFE AFFECTING REPAIRS TO RESIDENTS IN OWNER-OCCUPIED HOMES: NEW WINDOWS, A NEW FURNACE OR A NEW ROOF. LIFE REMODELED ALSO ENGAGES THE COMMUNITY IN ORDER TO ASSURE WE ARE PUTTING THE COMMUNITY FIRST AND INFORMING OUR STRATEGY BASED ON THEIR HOPES AND DREAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Lambert President | Officer | 60 | $159,114 |
Ron Risher Board Chair And Treasurer | OfficerTrustee | 4 | $0 |
Jim Bahbah Director And Secretary | OfficerTrustee | 1 | $0 |
Chuck Binkowski Director | Trustee | 1 | $0 |
Dwan Dandridge Director | Trustee | 1 | $0 |
Holly Kinnear Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,470,764 |
Noncash contributions included in lines 1a–1f | $41,560 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,470,764 |
Total Program Service Revenue | $1,092,659 |
Investment income | $1,778 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,566,103 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $268,217 |
Compensation of current officers, directors, key employees. | $129,929 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $497,091 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $957 |
Fees for services: Accounting | $75,221 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $53,852 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $46,753 |
Advertising and promotion | $64,452 |
Office expenses | $31,740 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $22,177 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $15 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $132,285 |
Insurance | $89,457 |
All other expenses | $117,019 |
Total functional expenses | $2,010,032 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,317,589 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $17,430 |
Accounts receivable, net | $11,414 |
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 | $150 |
Net Land, buildings, and equipment | $3,406,946 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,753,529 |
Accounts payable and accrued expenses | $36,263 |
Grants payable | $0 |
Deferred revenue | $50,404 |
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 | $197,650 |
Total liabilities | $284,317 |
Net assets without donor restrictions | $5,318,988 |
Net assets with donor restrictions | $150,224 |
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 | $5,753,529 |
Over the last fiscal year, Life Remodeled-A Nonprofit Corporation has awarded $931,875 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SKINNER PLAYFIELDDETROIT PUBLIC SCHOOL SYSTEM | | | $886,781 |
DENBY HIGH SCHOOLDETROIT PUBLIC SCHOOL SYSTEM | | | $45,094 |
Over the last fiscal year, we have identified 7 grants that Life Remodeled-A Nonprofit Corporation has recieved totaling $350,991.
Awarding Organization | Amount |
---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $200,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $55,700 |
Childrens Hospital Of Michigan Foundation Detroit, MI PURPOSE: TO PROVIDE AFTER-SCHOOL SUPPORTIVE PROGRAMMING FOR DETROIT YOUTH | $47,970 |
Wayne State Univ Research & Techno- Logy Park In The City Of Detroit Detroit, MI PURPOSE: CDAD MINI GRANT | $20,000 |
Denver Foundation Denver, CO PURPOSE: ANNUAL SUPPORT | $15,000 |
United Way Of Bergen County Paramus, NJ PURPOSE: DONOR DESIGNATION | $7,320 |
Organization Name | Assets | Revenue |
---|---|---|
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |
Buckeye Community Hope Foundation Columbus, OH | $50,429,521 | $11,276,532 |
Caracole Inc Cincinnati, OH | $7,131,053 | $11,567,326 |
Taylor Community Development Corp Taylor, MI | $29,334,174 | $14,242,807 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Western Reserve Revitalization & Management Co Cleveland, OH | $81,496,475 | $17,708,509 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Famicos Foundation Inc Cleveland, OH | $56,363,268 | $13,331,115 |
Mht Housing Inc Bingham Farms, MI | $103,750,395 | $19,352,676 |