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Ithaka Land Inc

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

EIN: 742186914 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Ithaka Land Inc?

Ithaka Land Inc, situated in Colorado Springs, Colorado, is a nonprofit organization committed to offering safe, affordable, and supportive transitional housing to approximately 100 residents. This diverse group includes seniors, immigrants, families in crisis, those transitioning from incarceration, and individuals at risk of homelessness. Ithaka has been serving the community for 40 years, helping low-income individuals secure stable, long-term housing and achieve their self-determined life goals. Their mission is to help break the cycle of poverty and homelessness, providing not only housing but also essential support to empower their residents and foster a sense of community.


Official website here: www.ithakahousing.org

Is Ithaka Land Inc legitimate?

Ithaka Land Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ithaka Land 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: $63,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,888

For more financial information, click here


Official website here: www.ithakahousing.org

What is the mission statement of Ithaka Land Inc?

Ithaka Land Inc's mission is focused on helping individuals escape the persistent cycles of poverty and homelessness. By offering secure, long-term housing, the organization aims to provide a foundation for residents to envision and pursue a self-determined life path. Over the past four decades, Ithaka has been a steadfast provider of affordable and supportive housing services, catering to a diverse range of individuals, including seniors, immigrants, families in crisis, those leaving incarceration, and the homeless. The organization is deeply committed to fostering a supportive community among its residents, enabling them to chart their own life course with self-directed purpose.


Official website here: www.ithakahousing.org

Who is the CEO of Ithaka Land Inc?

Larry Boatright is the Chair of Ithaka Land Inc.


Official website here: www.ithakahousing.org

What is the revenue of Ithaka Land Inc?

Ithaka Land Inc's revenue in 2022 was $656,977.


Official website here: www.ithakahousing.org

Who are the executives of Ithaka Land Inc and what are their salaries?

The average compensation at Ithaka Land Inc during 2022 was $45,467. There are 8 employees at Ithaka Land Inc.

Here are 6 key members and their salaries:

    Larry Boatright (Executive Director)
  • Compensation: $63,846
  • Related: $0
  • Other: $850

    • Amner Carmona Molina (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Sabati (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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


  • Official website here: www.ithakahousing.org

    Where can I find the form 990 for Ithaka Land Inc?

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


    Official website here: www.ithakahousing.org

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

    Mission Statement of Ithaka Land Inc

    Ithaka Land Inc, a non-profit organization, is dedicated to assisting individuals in breaking free from the cycle of poverty and homelessness. Their primary mission is to provide stable, long-term housing solutions and empower residents to envision and achieve self-directed lives. Over the past four decades, Ithaka has been a beacon of hope for an estimated 100 residents, offering safe and affordable transitional housing to a diverse range of people, including seniors, immigrants, families in crisis, those leaving incarceration, and the homeless. Ithaka's commitment extends beyond mere housing, as they strive to create a supportive community where residents can find the resources and encouragement they need to rebuild their lives.

    Impact

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




    Wednesday, July 24, 2024

    Ithaka Land Inc's impact can be seen in its commitment to helping people overcome the cycle of poverty and homelessness by providing safe, affordable, and supportive transitional housing services for approximately 100 residents, including seniors, immigrants, families in housing crisis, individuals leaving incarceration, and those transitioning out of homelessness. Ithaka has been dedicated to housing low-income members of the community for 40 years, aiming to provide support and a sense of community to all residents so they can achieve a self-determined vision for their lives.





    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: $208,050
  • Program Service Revenue: $195,351
  • Gross Receipts: $656,977

    • Assets and Liabilities:
  • Total Assets: $3,695,218
  • Total Liabilities: $439,826
  • Net Assets: $3,255,392
  • Programs

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

    Family Program

    Revenue

    $83,972

    Senior Program

    Revenue

    $55,994

    Individual Program

    Revenue

    $55,385

    Organization Details

    Founding Year

    1981

    Principal Officer

    Larry Boatright

    Main Address

    321 Mesa Road, Colorado Springs, CO, 80905

    NTEE Category

    Code: C340 - Environment

    If you are a representative of Ithaka Land 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.