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Life Management Inc

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

EIN: 223519521 ✦ Montclair, NJ ✦ Designated as a 501(c)(3)

Overview

What is Life Management Inc?

Life Management Inc is a nonprofit organization situated in Montclair, New Jersey, dedicated to enhancing the lives of low-income individuals and families residing in affordable housing projects across Essex and Hudson Counties. Their mission revolves around promoting quality of life for individuals vulnerable to crises due to age, disability, or socio-economic status. They achieve this by offering a variety of social services, including educational programs, health and fitness activities, and recreational workshops for both children and adults. These services are provided free of charge to the residents through a team of staff and consultants financed by Life Management Inc. Approximately 6,000 hours of services are offered annually to 1,023 households, along with 197 education programs, 188 empowerment workshops, and various art and recreation workshops. Life Management Inc also operates mentoring programs for children and operates summer camps for the convenience of three sites, ensuring a supervised setting during summer vacations.


Is Life Management Inc legitimate?

Life Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Management 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: $150,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,643

For more financial information, click here


What is the mission statement of Life Management Inc?
Who is the CEO of Life Management Inc?
What is the revenue of Life Management Inc?
Who are the executives of Life Management Inc and what are their salaries?
Where can I find the form 990 for Life Management Inc?

Mission Statement of Life Management Inc

Life Management Inc, a nonprofit organization, is dedicated to enhancing the quality of life for individuals who are vulnerable due to age, disability, or socio-economic status. The mission of this organization is to foster affordable housing and provide social services as an advocacy measure. By offering free educational, health, and fitness programs, as well as social activities, Life Management Inc aims to support the residents of 13 affordable housing projects located in Essex and Hudson Counties. These services are delivered through staff and consultants funded by the organization itself.

Life Management Inc's mission is reflected in the numerous programs and workshops it offers. These include 197 adult/youth education programs, 188 empowerment workshops, 154 art and recreation workshops for various age groups, 30 youth-specific art workshops, and 46 health and fitness workshops. The organization also operates mentoring programs for both boys and girls, serving seven sites. These programs meet regularly throughout the year, and each site offers homework/computer labs with varying hours of operation, providing children with access to necessary resources outside of school. Furthermore, Life Management Inc organizes summer camps for the convenience of three sites, offering a supervised environment for children during the summer months when school is not in session.

Impact

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




Thursday, August 15, 2024

Life Management Inc's impact is significant in promoting the quality of life for individuals vulnerable to crises of daily living due to age, disability, or socio-economic status. By fostering low-income housing and providing advocacy in the form of social services, Life Management Inc is able to offer educational, health, and fitness programs as well as social activities to residents of affordable housing projects in Essex and Hudson counties. They provide over 6,000 hours of services to over 1,000 households, along with various education programs, empowerment workshops, art and recreation workshops, and health and fitness workshops for both adults and children. Additionally, their connections/mentoring programs and summer camps offer valuable support to youth at various sites, helping them access resources and opportunities they may not have otherwise. Life Management Inc's commitment to improving the lives of vulnerable individuals makes a meaningful difference in the 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: $25,107
  • Program Service Revenue: $505,073
  • Gross Receipts: $8,824,111

    • Assets and Liabilities:
  • Total Assets: $80,451,042
  • Total Liabilities: $70,084,054
  • Net Assets: $10,366,988
  • Programs

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

    SOCIAL SERVICES INCOME

    Revenue

    $405,073

    ADMINISTRATIVE FEE

    Revenue

    $100,000

    Organization Details

    Founding Year

    1997

    Principal Officer

    Barbara Havlik-Exec Dir

    Main Address

    77 PARK STREET, MONTCLAIR, NJ, 07042

    NTEE Category

    Code: P81 - Human services

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