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Lifesource Inc

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

EIN: 454734120 ✦ Somerville, AL ✦ Designated as a 501(c)(3)

Overview

What is Lifesource Inc?

Lifesource Inc is a nonprofit organization situated in Somerville, Alabama (AL 35670). Their primary focus is on supporting individuals who are part of the criminal justice system and are grappling with addiction. They operate three Christ-centered residential recovery houses, offering transitional housing for over 100 residents annually. Residents receive essential resources and substance abuse counseling, aiming to facilitate a transformative and lasting change in their lives. By providing a nurturing environment and encouragement, Lifesource strives to assist these individuals in making a positive and permanent shift towards a healthier lifestyle.


Is Lifesource Inc legitimate?

Lifesource Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifesource 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: $4,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,648

For more financial information, click here


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

Mission Statement of Lifesource Inc

Lifesource Inc, a nonprofit organization, is dedicated to serving the most underserved segment of society: individuals in the criminal justice system who battle addiction. This compassionate organization operates three residential recovery homes, each catering to a specific group: women and children, men, and females in their graduate stage. Lifesource's mission is to provide these individuals with a supportive environment where they can overcome their addiction and make a permanent, positive change in their lives.

Residents at Lifesource's houses receive extensive substance abuse counseling and encouragement throughout their stay. By offering this holistic approach, the organization aims to help its residents break free from addiction and build a new, healthier life. Lifesource's residential recovery houses serve as safe havens where individuals can focus on their recovery, away from the distractions and triggers that might have contributed to their addiction in the first place. Through this program, Lifesource Inc plays a vital role in providing a second chance for those who have faced significant challenges in their lives.

Impact

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




Wednesday, July 24, 2024

Lifesource Inc has a profound impact on individuals in the criminal justice system who are battling addiction. Through their residential recovery program, they provide a safe and supportive environment for those in need. By offering transitional housing, substance abuse counseling, and resources for positive life changes, Lifesource Inc has helped over 100 residents make significant progress towards rehabilitation and reintegration into society. Their commitment to serving the most underserved segment of our society demonstrates a dedication to making a lasting difference in the lives of those in need.





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: $0
  • Program Service Revenue: $439,494
  • Gross Receipts: $475,844

    • Assets and Liabilities:
  • Total Assets: $77,503
  • Total Liabilities: $0
  • Net Assets: $77,503
  • Programs

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

    Rental Income

    Revenue

    $439,494

    Organization Details

    Founding Year

    2011

    Principal Officer

    Robin Ladner

    Main Address

    4616 AL-67, Somerville, AL, 35670

    NTEE Category

    Code: P20 - Human services

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