Life Center Incorporated
- Assets
- $4.2m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 342
- Location
- Livonia, MI
- Founding
- 11/1983
- Data as of
- 09/2023
- EIN
- 38-2418870
Organization Overview
Life Center Incorporated is located in Livonia, MI. The organization was established in 1983. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 09/2023, Life Center Incorporated employed 342 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Center 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 09/2023, Life Center Incorporated generated $10.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $10.6m during the year ending 09/2023. While expenses have increased by 2.2% 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
TO PROVIDE FOR THE SUPERVISION AND OPERATION OF ADULT GROUP HOMES AND TRANSITIONAL PROGRAMS FOR MENTALLY AND PHYSICALLY CHALLENGED CHILDREN AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FOR THE SUPERVISION AND OPERATION OF ADULT GROUP HOMES AND TRANSITIONAL PROGRAMS FOR MENTALLY AND PHYSICALLY CHALLENGED CHILDREN AND ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eddie Theirl Jarman Secretary | OfficerTrustee | 10 | $0 |
Erich Audretsch President | OfficerTrustee | 10 | $0 |
Gloria Licata Vice President | OfficerTrustee | 0.5 | $0 |
Ray Nichols Treasurer | OfficerTrustee | 1 | $0 |
Susan Weller Member At Large | Trustee | 1 | $0 |
Kendra Robinson Acting CFO | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,000 |
| Government grants | $5,084 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,084 |
| Total Program Service Revenue | $10,404,107 |
| Investment income | $177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,550 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $37,582 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,456,500 |
| 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. | $120,647 |
| Compensation of current officers, directors, key employees. | $10,448 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,652,462 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $548,073 |
| Payroll taxes | $571,692 |
| Fees for services: Management | $21,505 |
| Fees for services: Legal | $13,500 |
| Fees for services: Accounting | $22,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,901 |
| Advertising and promotion | $27,534 |
| Office expenses | $530,742 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,482 |
| Travel | $122,912 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,894 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $130,719 |
| Insurance | $425,255 |
| All other expenses | $3,101 |
| Total functional expenses | $10,568,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,120,792 |
| Savings and temporary cash investments | $40,687 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $995,027 |
| 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 | $0 |
| Net Land, buildings, and equipment | $491,230 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $488,262 |
| Other assets | $21,649 |
| Total assets | $4,157,647 |
| Accounts payable and accrued expenses | $381,108 |
| Grants payable | $0 |
| Deferred revenue | $413,355 |
| 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 | $415,423 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $488,261 |
| Total liabilities | $1,698,147 |
| Net assets without donor restrictions | $2,459,500 |
| 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 | $4,157,647 |