Light Of Life Community Inc
- Assets
- $218.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Core, WV
- Founding
- 01/1980
- Data as of
- 12/2021
- EIN
- 55-0589759
Organization Overview
Light Of Life Community Inc is located in Core, WV. The organization was established in 1980. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Of Life Community 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 12/2021, Light Of Life Community Inc generated $52.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $33.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irene Carubia Treasurer | 10 | $0 | |
Tina Claypole Director | 2 | $0 | |
Bob Carubia President | 30 | $0 | |
Dorothy Rowan Director | 2 | $0 | |
Scott Harper Director | 2 | $0 | |
Louise Deal Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,094 |
| Gain or Loss | $3,000 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,794 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,036 |
| Occupancy, rent, utilities, and maintenance | $16,154 |
| Printing, publications, postage, and shipping | $1,319 |
| Other expenses | $15,008 |
| Total expenses | $33,517 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,582 |
| Other assets | $0 |
| Total assets | $218,945 |
| Total liabilities | $120,000 |
| Net assets or fund balances | $98,945 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Light Of Life Community Inc has recieved totaling $71.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Warren Electric Cooperative Inc Youngsville, PA | $26,381,433 | $10,468,215 |
Western Water Co Morrow, OH | $38,480,189 | $10,960,579 |
Sullivan County Rural Electric Cooperative Inc Forksville, PA | $24,524,984 | $10,662,179 |
New Enterprise Rural Electric Cooperative Inc New Enterprise, PA | $5,292,225 | $8,515,711 |
Ross County Water Company Inc Chillicothe, OH | $54,265,918 | $9,457,635 |
Ohio Utilities Protection Service North Jackson, OH | $11,764,827 | $8,177,252 |
Virginia Maryland Delaware Association Of Electric Cooperativ Glen Allen, VA | $4,896,321 | $7,911,064 |
Roamingwood Sewer And Water Association Lake Ariel, PA | $89,401,367 | $6,374,079 |
Logan County Cooperative Power And Light Association Inc Bellefontaine, OH | $43,169,461 | $6,563,043 |
Southeast Rural Community Assistance Project Inc Roanoke, VA | $8,928,556 | $6,797,376 |
Licking Rural Electrification Inc Newark, OH | $28,412,140 | $6,746,380 |
Outdoor Power Equipment Institute Inc Alexandria, VA | $17,715,091 | $3,228,367 |