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Act Lawrence Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043408855 ✦ Lawrence, MA ✦ Designated as a 501(c)(3)

Overview

What is Act Lawrence Inc?

Act Lawrence Inc is a nonprofit organization situated in Lawrence, Massachusetts, specifically at 15 UNION ST 4th Floor Suite 401. Committed to social and economic justice, they strive to empower low to moderate income populations by advocating self-determination and providing community development initiatives. Their programs include affordable housing, financial coaching, and youth leadership programs. They also educate individuals on financial literacy, aid in foreclosure prevention, and guide first-time home buyers. Furthermore, they foster the development of new youth leaders, promoting inclusiveness and collaboration in their mission. With a team of 14 dedicated individuals, Act Lawrence Inc empowers their community and strives to reclaim a voice for Lawrence's residents.


Official website here: www.actlawrence.org

Is Act Lawrence Inc legitimate?

Act Lawrence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Act Lawrence Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $240,347

For more financial information, click here


Official website here: www.actlawrence.org

What is the mission statement of Act Lawrence Inc?

Act Lawrence Inc's mission is centered around achieving social and economic justice. The organization aims to empower low to moderate income populations by fostering a sense of inclusiveness and collaboration. Their primary goal is to give these communities a voice and promote self-determination. They accomplish this through various community development initiatives, such as affordable housing programs, financial coaching, and leadership opportunities for youth.


Official website here: www.actlawrence.org

Who is the CEO of Act Lawrence Inc?

Erika Hernandez is the Director of Act Lawrence Inc.


Official website here: www.actlawrence.org

What is the revenue of Act Lawrence Inc?

Act Lawrence Inc's revenue in 2022 was $472,723.


Official website here: www.actlawrence.org

Who are the executives of Act Lawrence Inc and what are their salaries?

The average compensation at Act Lawrence Inc during 2022 was $17,168. There are 14 employees and 45 volunteers at Act Lawrence Inc.

Here are 7 key members and their salaries:

    Alenny Acevedo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raisa Carrasco-Velez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mabel Dominguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claribel Garcia (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosa Maldonado (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Och (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Pearlson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.actlawrence.org

    Where can I find the form 990 for Act Lawrence Inc?

    The Act Lawrence Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.actlawrence.org

    Learn more at the official website: www.actlawrence.org

    Mission Statement of Act Lawrence Inc

    Act Lawrence Inc, a nonprofit organization, is committed to achieving social and economic justice by empowering low to moderate income populations in Lawrence, MA. They uphold shared values of inclusiveness and collaboration, aiming to reclaim a voice for the community and advocate for self-determination for its residents. Act Lawrence Inc accomplishes this mission through community development initiatives, such as providing affordable housing, financial coaching, and youth leadership programs. These initiatives are designed to uplift the community and offer opportunities for growth and improvement.

    Impact

    This information is meant to be a general summary of Act Lawrence Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Act Lawrence Inc has made a significant impact in Lawrence, MA by working to achieve social and economic justice for low to moderate income populations. Through their community development initiatives such as affordable housing, financial coaching, and youth leadership programs, the organization has empowered residents to reclaim a voice in their community and advocate for self-determination. By assisting low-income families with various programs, educating individuals on financial literacy, counseling on foreclosure prevention, and supporting first-time home buyers, Act Lawrence Inc has played a crucial role in improving the lives of residents in Lawrence. Their efforts have not only provided essential resources and support but have also fostered inclusiveness and collaboration to create a more vibrant and equitable community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $46
  • Program Service Revenue: $17,400
  • Gross Receipts: $472,723

    • Assets and Liabilities:
  • Total Assets: $424,294
  • Total Liabilities: $12,318
  • Net Assets: $411,976
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM FEES

    Revenue

    $17,400

    Organization Details

    Founding Year

    1996

    Principal Officer

    Erika Hernandez

    Main Address

    15 UNION ST 4TH FLOOR SUITE 401, LAWRENCE, MA, 01840

    NTEE Category

    Code: S80 - Community improvement

    If you are a representative of Act Lawrence Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.