nonprofit logo

Life Plan Of Kentucky Inc

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

EIN: 453567607 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

Overview

What is Life Plan Of Kentucky Inc?

Life Plan of Kentucky Inc. is a nonprofit organization situated in Lexington, Kentucky. Their primary focus is to administer pooled special needs trusts for individuals with disabilities who receive means-tested benefits. This service ensures that these individuals can maintain their eligibility for essential disability-related services and benefits. Beyond this, the organization offers educational programs and consultations for family members of people with disabilities, providing valuable insights into services available in Kentucky. Life Plan of Kentucky Inc. also offers recreational opportunities for individuals with disabilities and conducts informational programs about Kentucky Medicaid waivers and other services at no cost for eligible attendees. Moreover, the organization assists eligible individuals in establishing ABLE accounts to protect their eligibility for disability-related services and benefits. Additionally, Life Plan of Kentucky Inc. provides grants to disabled individuals with financial needs for the purchase of disability-related items and services.


Official website here: www.lifeplanofky.org

Is Life Plan Of Kentucky Inc legitimate?

Life Plan Of Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Plan Of Kentucky 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: $120,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,548

For more financial information, click here


Official website here: www.lifeplanofky.org

What is the mission statement of Life Plan Of Kentucky Inc?

Life Plan of Kentucky Inc's mission is centered around providing support to disabled individuals who receive means-tested benefits. The organization offers pooled trust services to these individuals and provides educational programs, consultations, and recreational opportunities for their family members at no cost. Life Plan of Kentucky Inc conducts informational programs about Kentuckyan Medicaid waivers and other services, offering them free of charge to individuals with disabilities, their families, case managers, and other professionals. The organization also assists eligible individuals to establish Able accounts, which help protect eligibility for disability-related services and benefits, at no cost. Furthermore, Life Plan of Kentucky Inc provides grants to disabled individuals with financial needs, enabling them to purchase essential items such as adaptive equipment, technology, communication devices, and other disability-related items.


Official website here: www.lifeplanofky.org

Who is the CEO of Life Plan Of Kentucky Inc?

Karen Perch is the Executive Di of Life Plan Of Kentucky Inc.


Official website here: www.lifeplanofky.org

What is the revenue of Life Plan Of Kentucky Inc?

Life Plan Of Kentucky Inc's revenue in 2022 was $680,983.


Official website here: www.lifeplanofky.org

Who are the executives of Life Plan Of Kentucky Inc and what are their salaries?

The average compensation at Life Plan Of Kentucky Inc during 2022 was $46,569. There are 5 employees at Life Plan Of Kentucky Inc.

Here are 12 key members and their salaries:

    Karen Perch (Executive Di)
  • Compensation: $120,298
  • Related: $0
  • Other: $0

    • Amy Dougherty (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Woods (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elise Kalika (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Garland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Stefan Hendrickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Gilmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Traci Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cameron Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lifeplanofky.org

    Where can I find the form 990 for Life Plan Of Kentucky Inc?

    The Life Plan Of Kentucky Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lifeplanofky.org

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

    Mission Statement of Life Plan Of Kentucky Inc

    Life Plan of Kentucky Inc, a nonprofit organization, is dedicated to providing services for disabled individuals who receive means-tested benefits. At its core, its mission involves offering pooled trust services to these individuals. Beyond this, the organization extends its support to family members of individuals with disabilities, offering educational programs, consultations, and recreational opportunities at no cost.

    In addition to these services, Life Plan of Kentucky Inc conducts informational programs about Kentucky Medicaid waivers and other services at no charge for individuals with disabilities, their families, case managers, and other professionals. Recognizing the need for financial assistance, the organization also helps eligible individuals establish ABLE accounts to protect their eligibility for disability-related services and benefits.

    Furthermore, Life Plan of Kentucky Inc provides grants for disabled individuals who demonstrate a financial need. These grants can be used for purchasing items such as adaptive equipment, adaptive technology, communication devices, and other disability-related items. The organization also offers grants for services, providing a comprehensive range of support for individuals with disabilities.

    Impact

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




    Wednesday, July 24, 2024

    Life Plan Of Kentucky Inc's impact is profound in the lives of disabled individuals who receive means-tested benefits. The organization provides essential services such as administering pooled special needs trusts, offering educational programs for family members of persons with disabilities, consultation about available services in Kentucky, and recreational opportunities for those with disabilities. Additionally, they conduct informational programs on Kentucky Medicaid waivers and other services at no cost to individuals with disabilities and their families. They also assist eligible individuals in establishing ABLE accounts to protect eligibility for disability-related services and benefits.

    Moreover, Life Plan Of Kentucky Inc provides grants to disabled individuals in financial need for the purchase of items such as adaptive equipment, technology, communication devices, and other disability-related items and services. These initiatives contribute significantly to enhancing the quality of life for individuals with disabilities and their families while promoting inclusivity and support within 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: $1,406
  • Program Service Revenue: $674,432
  • Gross Receipts: $680,983

    • Assets and Liabilities:
  • Total Assets: $794,394
  • Total Liabilities: $0
  • Net Assets: $794,394
  • Programs

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

    ACCOUNT RETENTION FUNDS

    Revenue

    $400,464

    MANAGEMENT FEES

    Revenue

    $254,098

    ENROLLMENT FEES

    Revenue

    $19,000

    ACCOUNT TERMINATION FEES

    Revenue

    $870

    Organization Details

    Founding Year

    2011

    Principal Officer

    Karen Perch

    Main Address

    230 LEXINGTON GREEN CIRCLE STE 120, LEXINGTON, KY, 40503

    NTEE Category

    Code: P99 - Human services

    If you are a representative of Life Plan Of Kentucky 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.