Love Inc Of Greater Lapeer
- Assets
- $34.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lapeer, MI
- Founding
- 07/2000
- Data as of
- 12/2020
- EIN
- 38-3379888
Organization Overview
Love Inc Of Greater Lapeer is located in Lapeer, MI. The organization was established in 2000. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Inc Of Greater Lapeer 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 12/2020, Love Inc Of Greater Lapeer generated $56.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $51.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
55 CHURCHES ARE CONTRIBUTING TO LOVE IN TO PROVIDE ESSENTIAL NEEDS OF THE MORE THAN 1700 CALLS THAT WERE RECEIVED DURING THE CALENDAR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geraldine Sue Brady Treasurer | 36 | $0 | |
Michael Delling President | 1 | $0 | |
Joanne St Pierre Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,696 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,490 |
| Other Revenue | $0 |
| Total Revenue | $56,190 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,293 |
| Salaries, other compensation, and employee benefits | $33,910 |
| Professional fees and other payments to independent contractors | $775 |
| Occupancy, rent, utilities, and maintenance | $5,362 |
| Printing, publications, postage, and shipping | $282 |
| Other expenses | $3,717 |
| Total expenses | $51,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,639 |
| Other assets | $0 |
| Total assets | $34,639 |
| Total liabilities | $10,895 |
| Net assets or fund balances | $23,744 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Love Inc Of Greater Lapeer has recieved totaling $5,450.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $5,000 |
Charles Stewart Mott Foundation Flint, MI PURPOSE: FOR THE GENERAL PURPOSES OR OTHER CHARITABLE PURPOSES OF THE ORGANIZATION. | $450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ratio Christi Inc Lafayette, IN | $1,792,968 | $3,407,344 |
Refuge Of Hope Ministries Canton, OH | $8,587,366 | $3,214,948 |
Reform America Columbus Ohio, OH | $2,659,129 | $2,527,886 |
Access Of West Michigan Grand Rapids, MI | $443,094 | $798,030 |
Grace On Wings Incorporated Indianapolis, IN | $405,431 | $969,890 |
Jackson Interfaith Nonprofit Housing Corporation Jackson, MI | $2,838,235 | $902,209 |
Love Inc Love In The Name Of Christ Jenison, MI | $999,872 | $932,236 |
Presentation Ministries Inc Cincinnati, OH | $3,255,819 | $893,000 |
Redemption House Ministry Inc Fort Wayne, IN | $1,071,435 | $909,788 |
Joy Baptist Camp Association Inc Whitewater, WI | $411,134 | $730,734 |
Living Hope Church Green Bay, WI | $1,207,459 | $572,135 |
Ucc Xix Inc Marion, OH | $1,469,770 | $407,700 |