Lake Area Recovery Center Inc
- Assets
- $3.5m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 81
- Location
- Ashtabula, OH
- Founding
- 02/1968
- Data as of
- 06/2023
- EIN
- 34-6608640
Organization Overview
Lake Area Recovery Center Inc is located in Ashtabula, OH. The organization was established in 1968. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Lake Area Recovery Center Inc employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Area Recovery Center Inc 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 06/2023, Lake Area Recovery Center Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $3.9m during the year ending 06/2023. While expenses have increased by 12.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE DRUG AND ALCOHOL ABUSE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUT-PATIENT COUNSELING - CLIENTS RECEIVE COUNSELING AND OTHER AIDS BY COMING TO THE CENTER. THE NUMBER OF PATIENTS SERVED DURING THE YEAR TOTALED 574.
OTHER PROGRAMS INCLUDE EDUCATION/PREVENTION - THE AGENCY WORKS WITH SCHOOLS AND COMMUNITY-BASED SUPPORT GROUPS BY PROVIDING TRAINING FOR EARLY INTERVENTION OF SOCIAL PROBLEMS. THE NUMBER OF INDIVIDUALS REACHED DIRECTLY WITH THIS PROGRAM DURING THE YEAR AND INDIRECTLY THROUGH ADDITIONAL OUTREACH WITH A PRESENCE AT THE COUNT FAIR IS 158. OTHER PROGRAMS ALSO INCLUDES THE AWARE PROGRAM - AN INTERVENTION ALTERNATIVE TO JAIL AND AN ADOLESCENT INTENSIVE RECOVERY PROGRAM WHEREBY 91 PATIENTS WERE SERVED.
RESIDENTIAL - PATIENTS HAVE A PLACE TO LIVE FOR SHORT PERIODS DURING COUNSELING. THE NUMBER OF PATIENTS USING THE SERVICES DURING THE YEAR TOTALED 221.
STEPSTONE- INTENSIVE RECOVERY PROGRAM FOR WORKING INDIVIDUALS EIGHTEEN SESSIONS DURING THREE CONSECUTIVE WEEKS STRUCTURED AROUND WORK HOURS. NUMBER OF INDIVIDUALS COMPLETING PROGRAM DURING THE YEAR WAS 141.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Murphy Executive Director | Trustee | 40 | $135,579 |
Jesse Wodrig Deputy Executive Director | Trustee | 40 | $81,666 |
John Hogan President | Officer | 2 | $0 |
Denise Cassidy - Cousins Vice-President | Officer | 2 | $0 |
Craig Mcmeechan Treasurer | Officer | 2 | $0 |
Thomas Steele Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,371,217 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,501 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,374,718 |
| Total Program Service Revenue | $162,404 |
| Investment income | $120 |
| 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 | $3,592,129 |
| 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. | $185,648 |
| Compensation of current officers, directors, key employees. | $12,086 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,853,273 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $429,527 |
| Payroll taxes | $173,387 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,014 |
| Office expenses | $161,486 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $412,560 |
| Travel | $78,809 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,278 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,358 |
| Insurance | $28,160 |
| All other expenses | $0 |
| Total functional expenses | $3,946,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $879,521 |
| Savings and temporary cash investments | $121,165 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $189,119 |
| 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 | $21,745 |
| Net Land, buildings, and equipment | $1,904,667 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $344,566 |
| Total assets | $3,460,783 |
| Accounts payable and accrued expenses | $143,805 |
| Grants payable | $0 |
| Deferred revenue | $63,494 |
| 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 | $523,786 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $343,216 |
| Total liabilities | $1,074,301 |
| Net assets without donor restrictions | $2,386,482 |
| Net assets with donor restrictions | $0 |
| 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 | $3,460,783 |