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Lasting Change Inc

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

EIN: 351167389 ✦ Fort wayne, IN ✦ Designated as a 501(c)(3)

Overview

What is Lasting Change Inc?

Lasting Change Inc, located at 4150 Illinois Rd, Fort Wayne, IN 46804, functions as a nonprofit organization providing essential administrative services. With a workforce of 231 employees, they offer support to related nonprofits, LifeLine Youth and Family Services and Crosswinds, Inc, through services such as accounting, human resources, payroll, marketing, and executive oversight. Their mission is geared towards inspiring change and bringing hope to individuals, families, and communities.


Official website here: www.lifelineyouth.org/lasting-change

Is Lasting Change Inc legitimate?

Lasting Change Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lasting Change 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: $918,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,906,555

For more financial information, click here


Official website here: www.lifelineyouth.org/lasting-change

What is the mission statement of Lasting Change Inc?

Lasting Change Inc is an organization dedicated to making a difference in the lives of individuals, families, and communities. Their mission is to bring hope and effect change from within. Through their administrative support, they assist related non-profit organizations, specifically Lifeline Youth and Family Services and Crosswinds, Inc. The organization's services include accounting, human resources, payroll, marketing, and executive oversight. They also lease a building to these organizations, enabling them to carry out their missions more effectively. The impact of Lasting Change Inc extends beyond just administrative support, as they contribute to fostering positive change and instilling hope in the people they serve.


Official website here: www.lifelineyouth.org/lasting-change

Who is the CEO of Lasting Change Inc?

Timothy M Smith is the Chief Executive Officer of Lasting Change Inc. The CEO's salary of Lasting Change Inc is $370,244 and their total compensation is $408,944.


Official website here: www.lifelineyouth.org/lasting-change

What is the revenue of Lasting Change Inc?

Lasting Change Inc's revenue in 2022 was $16,864,890.


Official website here: www.lifelineyouth.org/lasting-change

Who are the executives of Lasting Change Inc and what are their salaries?

The average compensation at Lasting Change Inc during 2022 was $38,204. There are 231 employees and 10 volunteers at Lasting Change Inc.

Here are 15 key members and their salaries (Lasting Change Inc's CEO's salary is $370,244 and their total compensation is $408,944):

    Mark Terrell (President (Retired 10/31/2022)) [Trustee/Director]
  • Compensation: $399,838
  • Related: $0
  • Other: $41,025

    • Timothy M Smith (Chief Executive Officer)
  • Compensation: $370,244
  • Related: $0
  • Other: $38,700

    • Kevin Hedrick (Executive Vp Of Lifeline)
  • Compensation: $201,928
  • Related: $0
  • Other: $22,203

    • Curtis Smith (Chief Marketing Officer)
  • Compensation: $168,206
  • Related: $0
  • Other: $19,908

    • Abraham Hepler (Vp Of Residential Services)
  • Compensation: $150,663
  • Related: $0
  • Other: $34,062

    • David Cummings (Chief Financial Officer)
  • Compensation: $152,553
  • Related: $0
  • Other: $28,492

    • Gordon Haines (Vp Of Culture And Faith)
  • Compensation: $139,786
  • Related: $0
  • Other: $19,355

    • Debra Johnson (Executive State Director)
  • Compensation: $113,037
  • Related: $0
  • Other: $9,691

    • Tom Rhoades (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Houlihan (Board Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Strasser (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Gillig (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Mckaig (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Sherbahn (Board Member (Through 12/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Cybulski (Board Member (Through 12/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lifelineyouth.org/lasting-change

    Where can I find the form 990 for Lasting Change Inc?

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


    Official website here: www.lifelineyouth.org/lasting-change

    Learn more at the official website: www.lifelineyouth.org/lasting-change

    Mission Statement of Lasting Change Inc

    Lasting Change Inc, a supportive organization, is committed to bringing hope and making a difference in the lives of individuals, families, and communities. By providing essential administrative services, Lasting Change enables other non-profit organizations to focus on their core missions. Currently, its support reaches Lifeline Youth and Family Services and Crosswinds, Inc.

    In the realm of administrative services, Lasting Change offers expertise in areas such as accounting, human resources, payroll, marketing, and executive oversight. These services are vital for the smooth functioning of non-profit organizations, allowing them to allocate their resources effectively towards achieving their respective goals.

    Moreover, Lasting Change demonstrates its dedication to transforming lives by leasing a building to Lifeline Youth and Family Services and Crosswinds, Inc. This arrangement not only supports the operational needs of these organizations but also reinforces the community-building spirit of Lasting Change. Through its strategic partnerships, Lasting Change embodies its mission to change hearts and make a lasting impact.

    Impact

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




    Thursday, August 15, 2024

    Lasting Change Inc's impact is significant in the Fort Wayne community in Indiana. By providing administrative support to nonprofit organizations like Lifeline Youth and Family Services and Crosswinds, Inc., Lasting Change plays a crucial role in enabling these organizations to focus on their core missions of assisting individuals and families. Through services such as accounting, human resources, payroll, marketing, and executive oversight, Lasting Change contributes to the efficiency and effectiveness of these nonprofits.

    Additionally, by leasing a building to Lifeline Youth and Family Services and Crosswinds, Inc., Lasting Change ensures that these organizations have a physical space to operate and deliver their services. The organization's overall mission of changing hearts and bringing hope to individuals, families, and communities aligns with the positive impact it facilitates through its support activities. Lasting Change's dedication to this mission, particularly in the area of addressing crime-related issues through its tagged focus, demonstrates its commitment to fostering lasting change 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: $91,994
  • Program Service Revenue: $16,131,679
  • Gross Receipts: $17,010,673

    • Assets and Liabilities:
  • Total Assets: $39,851,221
  • Total Liabilities: $30,625,693
  • Net Assets: $9,225,528
  • Programs

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

    ADMINISTRATIVE/MANAGEMENT SERVICES

    Revenue

    $6,386,055

    RENTAL INCOME

    Revenue

    $3,068,050

    STUDENT TUITION

    Revenue

    $156,129

    MEDICAID COUNSELING

    Revenue

    $223,627

    COURT & WELFARE FEES

    Revenue

    $6,297,818

    Organization Details

    Founding Year

    1968

    Principal Officer

    Timothy M Smith

    Main Address

    4150 ILLINOIS RD, FORT WAYNE, IN, 46804

    NTEE Category

    Code: I440 - Crime

    If you are a representative of Lasting Change 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.