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Lee Initiative Inc

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

EIN: 823884798 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

Overview

What is Lee Initiative Inc?

Lee Initiative Inc, based in Louisville, Kentucky, serves as a fiscal agent for Southern Restaurants for Racial Justice, a program that offers grants to Black-owned restaurants and food businesses nationwide. Their mission is to promote equity, diversity, sustainability, and compassion within the restaurant industry. They achieve this by providing ongoing education, job training, mentorship, leadership opportunities, and resources to independent restaurant operators and employees. Additionally, they offer direct relief and resources to their local community. With a team of seven dedicated individuals, Lee Initiative Inc is committed to fostering a more inclusive and supportive environment in the restaurant sector.


Official website here: www.leeinitiative.org

Is Lee Initiative Inc legitimate?

Lee Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee Initiative 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: $153,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $279,280

For more financial information, click here


Official website here: www.leeinitiative.org

What is the mission statement of Lee Initiative Inc?

Lee Initiative Inc's mission is centered around enhancing equity, diversity, sustainability, and compassion within the restaurant industry. They accomplish this by offering continuing education, job training, mentorship, leadership opportunities, and resources to independent restaurant operators and employees. In addition, they provide direct relief and resources to their community in need. The organization serves as a fiscal agent for Southern Restaurants for Racial Justice, a program that provides grants to Black-owned restaurants and food businesses across America, aiming to support and uplift these establishments.


Official website here: www.leeinitiative.org

Who is the CEO of Lee Initiative Inc?

Edward Lee is the Managing Director of Lee Initiative Inc.


Official website here: www.leeinitiative.org

What is the revenue of Lee Initiative Inc?

Lee Initiative Inc's revenue in 2022 was $2,705,892.


Official website here: www.leeinitiative.org

Who are the executives of Lee Initiative Inc and what are their salaries?

The average compensation at Lee Initiative Inc during 2022 was $61,804. There are 7 employees and 12 volunteers at Lee Initiative Inc.

Here are 6 key members and their salaries:

    Lindsey Ofcacek (Managing Director)
  • Compensation: $103,346
  • Related: $0
  • Other: $0

    • Edward Lee (Creative Director)
  • Compensation: $50,000
  • Related: $0
  • Other: $0

    • Ben Johnson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Keith (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Robinson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shauntrice Martin (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.leeinitiative.org

    Where can I find the form 990 for Lee Initiative Inc?

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


    Official website here: www.leeinitiative.org

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

    Mission Statement of Lee Initiative Inc

    Lee Initiative Inc is dedicated to making significant strides in the restaurant industry by promoting equity, diversity, sustainability, and compassion. Their mission is to offer continuing education, job training, mentorship, leadership opportunities, and resources to independent restaurant operators and employees. Beyond this, Lee Initiative Inc extends direct relief and resources to their community. In a more tangible sense, Lee Initiative Inc serves as the fiscal agent for Southern Restaurants for Racial Justice, a program that provides grants to Black-owned restaurants and food businesses across the United States. By taking on this role, Lee Initiative Inc is actively working towards creating a more equitable and inclusive landscape within the restaurant industry.

    Impact

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




    Saturday, July 20, 2024

    Lee Initiative Inc's impact lies in its efforts to address the need for more equity, diversity, sustainability, and compassion in the restaurant industry. By providing continuing education, job training, mentorship, leadership opportunities, and resources to independent restaurant operators and employees, they are actively working towards creating a more inclusive and supportive environment within the industry. Additionally, as the fiscal agent for Southern Restaurants for Racial Justice, a program that provides grants to Black-owned restaurants and food businesses across America, Lee Initiative Inc is directly contributing to the economic empowerment and support of underrepresented communities. Their work not only benefits individual businesses and employees but also has a broader impact on the community by promoting equality and social justice.





    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: $0
  • Gross Receipts: $2,733,653

    • Assets and Liabilities:
  • Total Assets: $1,531,565
  • Total Liabilities: $21,827
  • Net Assets: $1,509,738
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Edward Lee

    Main Address

    610 W MAGNOLIA AVE, LOUISVILLE, KY, 40208

    NTEE Category

    Code: J20 - Employment

    If you are a representative of Lee Initiative 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.