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Lifebuilders

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

EIN: 203916750 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

Overview

What is Lifebuilders?

Lifebuilders is a faith-based nonprofit organization situated in Detroit, Michigan, specifically in the Regent Park neighborhood. With a strong commitment to God's teachings, Lifebuilders aims to alleviate the challenges faced by this community, including education deficits, public safety concerns, substandard housing, and limited job opportunities for the youth. They have taken action by establishing a Community and Worship Center and refurbishing and managing various residential properties at affordable rates. Additionally, they operate an Early Childhood Education Center in an abandoned elementary school, further contributing to the community's growth and development. Lifebuilders' mission is twofold: empowering youth with essential life skills and providing affordable housing while fostering a sense of shared values within the community.


Official website here: www.lifebuildersdetroit.com

Is Lifebuilders legitimate?

Lifebuilders is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifebuilders 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: $123,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,942

For more financial information, click here


Official website here: www.lifebuildersdetroit.com

What is the mission statement of Lifebuilders?

Lifebuilders, as a non-profit organization, is committed to restoring dignity and fostering hope within a community. They achieve this goal by employing three strategic methods: empowering youth with essential life skills, providing affordable housing, and building a community centered around shared values. By investing in education, public safety, affordable housing, and job opportunities, Lifebuilders aims to combat the negative effects of disinvestment and hopelessness in the neighborhood. The organization operates various facilities, including a Community and Worship Center, refurbished apartments, and an Early Childhood Education Center, all with the intention of uplifting the community.


Official website here: www.lifebuildersdetroit.com

Who is the CEO of Lifebuilders?

Larry Johnson is the Executive Director of Lifebuilders.


Official website here: www.lifebuildersdetroit.com

What is the revenue of Lifebuilders?

Lifebuilders's revenue in 2022 was $2,218,076.


Official website here: www.lifebuildersdetroit.com

Who are the executives of Lifebuilders and what are their salaries?

The average compensation at Lifebuilders during 2022 was $12,837. There are 32 employees and 50 volunteers at Lifebuilders.

Here are 11 key members and their salaries:

    Larry Johnson (Executive Director)
  • Compensation: $69,848
  • Related: $0
  • Other: $610

    • Marilyn Johnson (Director)
  • Compensation: $52,769
  • Related: $0
  • Other: $610

    • Michael Randazzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Veselenak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmie Smith Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond Solomon Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Samfilippo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Paulateer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Turner-Handy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cristine Stricker (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Monahan (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lifebuildersdetroit.com

    Where can I find the form 990 for Lifebuilders?

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


    Official website here: www.lifebuildersdetroit.com

    Learn more at the official website: www.lifebuildersdetroit.com

    Mission Statement of Lifebuilders

    Lifebuilders, a faith-based non-profit organization, is committed to restoring dignity and offering hope to the residents of a specific neighborhood in Detroit. They achieve this mission in three ways: firstly, by empowering youth with essential life skills, secondly, by providing affordable housing, and lastly, by fostering a sense of community based on shared values. Lifebuilders strategically invests in the Regent Park neighborhood, addressing issues such as education, public safety, housing, and employment opportunities for the youth. By operating a Community and Worship Center, they are reversing the negative trends of the past two decades, marked by disinvestment and hopelessness in the 97-block area. In addition, Lifebuilders manages and rents out refurbished apartments and homes at affordable rates, providing essential housing solutions for the community. They also run an Early Childhood Education Center, utilizing an abandoned elementary school, demonstrating their commitment to the holistic well-being of the neighborhood.

    Impact

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




    Thursday, August 15, 2024

    Lifebuilders is transforming the Regent Park neighborhood in northeast Detroit by empowering youth with life skills, providing affordable housing, and fostering a community built on shared values. Through strategic investments grounded in faith, Lifebuilders is reversing decades of disinvestment and hopelessness in the area. By refurbishing homes, operating apartment complexes, managing properties, and converting abandoned spaces into educational centers, Lifebuilders is restoring dignity and offering hope to the residents of Regent Park. The impact of Lifebuilders is evident in the improved education, public safety, housing, and job opportunities available to the community, contributing to a more vibrant and thriving neighborhood.





    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: $20,098
  • Program Service Revenue: $616,791
  • Gross Receipts: $2,307,929

    • Assets and Liabilities:
  • Total Assets: $6,143,285
  • Total Liabilities: $2,550,963
  • Net Assets: $3,592,322
  • Programs

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

    Rental Income

    Revenue

    $378,324

    Community activities

    Revenue

    $9,221

    Development property

    Revenue

    $48,282

    Exchange Grants

    Revenue

    $161,177

    Property management

    Revenue

    $19,787

    Organization Details

    Founding Year

    2006

    Principal Officer

    Larry Johnson

    Main Address

    20141 Kelly Road, Detroit, MI, 48225

    NTEE Category

    Code: P72 - Human services

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