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Miracle Lake Inc

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

EIN: 581475991 ✦ Etowah, TN ✦ Designated as a 501(c)(3)

Overview

What is Miracle Lake Inc?

Miracle Lake Inc is a nonprofit organization based in Etowaah, Tennessee, dedicated to providing a residential Christian training center for men seeking an alternative lifestyle, particularly those struggling with issues such as alcoholism, drug addiction, and criminal behavior. The organization, with a workforce of 16 individuals, aims to help these men overcome their life-controlling addictions and lead a fulfilling life. In 2021, 139 men found support and guidance through the program, transforming their lives for the better.


Official website here: www.miraclelake.org

Is Miracle Lake Inc legitimate?

Miracle Lake Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miracle Lake 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: $26,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $319,647

For more financial information, click here


Official website here: www.miraclelake.org

What is the mission statement of Miracle Lake Inc?

Miracle Lake Inc operates a residential Christian training center, offering a supportive environment for men struggling with detrimental, life-controlling issues such as alcoholism, drug addiction, and criminal behavior. The organization's primary mission is to help these individuals transform their lives, providing them with an alternative lifestyle free from substance abuse and criminal-minded behavior. In 2021, the center assisted 139 men, many of whom were able to break free from their life-controlling addictions.


Official website here: www.miraclelake.org

Who is the CEO of Miracle Lake Inc?

Byron Goodman is the Chairman of Miracle Lake Inc.


Official website here: www.miraclelake.org

What is the revenue of Miracle Lake Inc?

Miracle Lake Inc's revenue in 2022 was $889,525.


Official website here: www.miraclelake.org

Who are the executives of Miracle Lake Inc and what are their salaries?

The average compensation at Miracle Lake Inc during 2022 was $21,616. There are 16 employees at Miracle Lake Inc.

Here are 7 key members and their salaries:

    David R Mayfield (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Bookout (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Pope (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Bryan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Hyde (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Smith (Chaplain) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryon Goodman (General Manager) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.miraclelake.org

    Where can I find the form 990 for Miracle Lake Inc?

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


    Official website here: www.miraclelake.org

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

    Mission Statement of Miracle Lake Inc

    Miracle Lake Inc, a residential Christian training center, is dedicated to providing a supportive environment for men grappling with detrimental, life-controlling issues such as alcoholism, drug addiction, and criminal behavior. Its mission is to offer these individuals an alternative lifestyle, helping them break free from the chains of their addictions and criminal mindsets. In 2021 alone, 139 men entered the program and found new begins, demonstrating the center's commitment to making a positive impact in the lives of those seeking change.

    Impact

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




    Monday, June 17, 2024

    Miracle Lake Inc's impact is profound in the community, as it provides a transformative opportunity for men with detrimental life-controlling backgrounds. Through its residential Christian training center, the organization has helped numerous individuals break free from addictions, criminal behavior, and other challenges. In 2021 alone, 139 men entered the program and experienced positive outcomes, highlighting the tangible difference Miracle Lake Inc is making in the lives of those seeking a new path. Through its mission of providing a supportive environment rooted in Christian principles, Miracle Lake Inc is actively contributing to the mental health and well-being of individuals 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: $160,748
  • Gross Receipts: $889,525

    • Assets and Liabilities:
  • Total Assets: $540,021
  • Total Liabilities: $0
  • Net Assets: $540,021
  • Programs

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

    Tuition

    Revenue

    $160,748

    Organization Details

    Founding Year

    1986

    Principal Officer

    Byron Goodman

    Main Address

    PO BOX 327, ETOWAH, TN, 37331

    NTEE Category

    Code: F22Z - Mental health

    If you are a representative of Miracle Lake 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.