Overview
What is Lantern Network?
Lantern Network is a nonprofit organization situated in Alton, Illinois, with a focus on revitalizing the local community. Their initiatives encompass various aspects, including a business incubator, property redevelopment, spiritual and social community building, life coaching, and social entrepreneurship. Notable projects under their umbrella include Post Commons, Idle Roasting, Soul Craft Makers, and Ri Beag Refuge. Additionally, they engage in mission support, community development, and benevolent activities. Lantern Network aims to foster a collective movement that promotes business growth and community betterment, ultimately contributing to the overall thriving of the city. They currently employ 23 individuals in their efforts.
Official website here: www.postcommons.com
Is Lantern Network legitimate?
Lantern Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lantern Network 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,246
For more financial information, click here
Official website here: www.postcommons.com
What is the mission statement of Lantern Network?
The Lantern Network's mission is to stimulate both business and philanthropy, transforming them into a unified force to revitalize a struggling city. By serving as an incubator for "good works," the organization aims to foster various initiatives, such as business incubation, property redevelopment, spiritual and social community building, life coaching, and social entrepreneurship. This comprehensive approach includes projects like the Post Commons, Idle Roasting, Soul Craft Makers, Ri Beag Refuge, and numerous community development and benevolent activities, all contributing to the organization's mission of promoting overall city improvement.
Official website here: www.postcommons.com
Who is the CEO of Lantern Network?
Hugh Halter is the President/ Board Member of Lantern Network.
Official website here: www.postcommons.com
What is the revenue of Lantern Network?
Who are the executives of Lantern Network and what are their salaries?
The average compensation at Lantern Network during 2022 was $23,185. There are 23 employees and 30 volunteers at Lantern Network.
Here are 10 key members and their salaries:
- Hugh Halter (President/ Board Member)
- Taylor Mccall (Treasure/Secretary/ Board Member)
- David Mccann (Post Commons Manager)
- Justine Carlson (Post Event Manager/Barista)
- Shea Maples (Post Kitchen Manager)
- C Fleck (Barista/ Roaster)
- Kristen Gaither (Lantern Staff)
- Lindsey Mccall (Financial Director)
- Jeremy Stephens (Board Member)
- Lucas Pulley (Board Member)
Official website here: www.postcommons.com
Where can I find the form 990 for Lantern Network?
The Lantern Network’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.postcommons.com
Learn more at the official website: www.postcommons.com
Mission Statement of Lantern Network
Lantern Network, a nonprofit organization, is committed to initiating a collaborative effort between business and benevolence with the aim of revitalizing a struggling city. Their mission is to transform this city's landscape, encompassing all facets of life, by serving as a catalyst for positive change. This involves various initiatives, including a business incubator, the redevelopment of residential and commercial properties, the establishment of spiritual and social communities, life coaching, and the promotion of social entrepreneurship.
The organization's activities extend beyond these, encompassing initiatives such as Idle Roasting, Soul Craft Makers, and Ri Beag Refuge. These programs contribute to the city's revitalization by providing opportunities for community development and benevolent activities. Furthermore, Lantern Network offers resources like Mission Support, Central House, and general organization efforts to support and advance its mission. This multifaceted approach aims to foster growth and prosperity in the city, ultimately helping it to thrive in all aspects of life.
Impact
This information is meant to be a general summary of Lantern Network. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Lantern Network's impact is seen in its efforts to catalyze business and benevolence into a movement that helps a depressed city thrive in all aspects of life. This includes acting as an incubator for various "good works" in Alton, IL and the surrounding riverbend area. Through initiatives such as business incubation, property redevelopment, community building, coaching, and social entrepreneurship, Lantern Network is working to uplift the local community and foster positive change. Its range of activities, including programs like Post Commons, Idle Roasting, and Soul Craft Makers, all contribute to the organization's goal of revitalizing the area and promoting holistic well-being.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2018
Phone
(205) 396-5324
Principal Officer
Hugh Halter
Main Address
300 Alby Street, Alton, IL, 62002
Website
www.postcommons.com
NTEE Category
Code: X21 - Religion related
If you are a representative of Lantern Network 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.