Lake Area Recovery Center Inc
- Assets
- $3.0m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 82
- Location
- Ashtabula, OH
- Founding
- 02/1968
- Data as of
- 06/2021
- 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 06/2021, Lake Area Recovery Center Inc employed 82 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 06/2021, Lake Area Recovery Center Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $3.7m during the year ending 06/2021. While expenses have increased by 15.3% per year over the past 6 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
2021
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 667.
RESIDENTIAL - PATIENTS HAVE A PLACE TO LIVE FOR SHORT PERIODS DURING COUNSELING. THE NUMBER OF PATIENTS USING THE SERVICES DURING THE YEAR TOTALED 234.
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 134.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Murphy Executive Director | Trustee | 40 | $120,349 |
Jesse Wodrig Deputy Executive Director | Trustee | 40 | $75,047 |
Denise Cassidy - Cousins Vice-President | Officer | 2 | $0 |
Thomas Steele Secretary | Officer | 2 | $0 |
John Hogan President | Officer | 2 | $0 |
Jeremy Graham Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,638,648 |
| All other contributions, gifts, grants, and similar amounts not included above | $470 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,639,118 |
| Total Program Service Revenue | $85,598 |
| Investment income | $99 |
| 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 | $4,209,294 |
| 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. | $166,121 |
| Compensation of current officers, directors, key employees. | $10,814 |
| Compensation to disqualified persons | $1,854,266 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $418,099 |
| Payroll taxes | $171,250 |
| 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 | $4,058 |
| Office expenses | $195,259 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $306,770 |
| Travel | $45,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,071 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,966 |
| Insurance | $26,730 |
| All other expenses | $0 |
| Total functional expenses | $3,669,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $888,154 |
| Savings and temporary cash investments | $86,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $294,205 |
| 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 | $17,396 |
| Net Land, buildings, and equipment | $1,719,735 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,350 |
| Total assets | $3,007,133 |
| Accounts payable and accrued expenses | $198,782 |
| Grants payable | $0 |
| Deferred revenue | $12,580 |
| 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 | $494,987 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $706,349 |
| Net assets without donor restrictions | $2,300,784 |
| 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 | $3,007,133 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Net Treatment Services Inc Philadelphia, PA | $7,104,223 | $17,590,215 |
Isaiah House Inc Willisburg, KY | $14,474,980 | $21,645,314 |
Southwest Behavioral Care Inc Charleroi, PA | $4,655,693 | $16,384,731 |
Merakey Parkside Recovery Lafayette Hill, PA | $6,334,030 | $14,518,954 |
Horizon House Inc Philadelphia, PA | $38,584,419 | $28,628,800 |
Pike County Recovery Council Inc Waverly, OH | $19,313,733 | $14,538,922 |
Livengrin Foundation Inc Bensalem, PA | $27,681,374 | $15,325,096 |
Community Drug Board Inc Akron, OH | $9,012,465 | $13,175,900 |
Unlawful Narcotics Investigations Treatment And Education Inc Somerset, KY | $6,846,774 | $10,151,630 |
Stella Maris Inc Cleveland, OH | $14,088,403 | $9,931,299 |
Berks Counseling Center Inc Reading, PA | $15,002,455 | $15,172,883 |
Self Help Movement Inc Philadelphia, PA | $10,304,701 | $9,567,797 |