Love Inc Of Albuquerque
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- Data as of
- 09/2018
- EIN
- 85-0476239
Organization Overview
Love Inc Of Albuquerque is located in Albuquerque, NM. Love Inc Of Albuquerque is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2018, Love Inc Of Albuquerque generated $120.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $139.9k during the year ending 09/2018. While expenses have increased by 6.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
LOVE INC OF ALBUQUERQUE CONNECTS CHURCHES AND COMMUNITY. THERE ARE MANY INDIVIDUALS AND FAMILIES IN NEED OF HELP AND IT CAN BE VERY CONFUSING TO FIND APPROPRIATE RESOURCES. LOVE INC UTILIZES A HELP LINE WHERE PEOPLE CAN CALL ONE PHONE NUMBER AND GET CONNECTED TO MULTIPLE RESOURCES. THROUGH A UNIQUE PROCESS THAT INCLUDES A HOME VISIT TO MAKE SURE NEEDS ARE LEGITIMATE, LOVE INC HELPED OVER 750 INDIVIDUALS AND FAMILIES LAST YEAR. LOVE INC ALSO IDENTIFIED AREAS WHERE RESOURCES ARE NOT AVAILABLE. THIS IS IDENTIFIED AS A GAP IN OUR COMMUNITY AND LOVE INC MOBILIZES LOCAL CHURCHES TO FILL THESE GAPS. HOME REPAIR, AUTO REPAIR, AND MONEY MANAGEMENT SERVICES FOR LOW INCOMES FAMILIES BECAME AVAILABLE FOR THOSE IN NEED. COMMUNITY CHURCHES ARE WORKING TOGETHER THROUGH LOVE INC OF ALBUQUERQUE TO REDUCE DUPLICATION OF SERVICES AND TO PROVIDE ADDITIONAL RESOURCES TO HELP PEOPLE IN THE ALBUQUERQUE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Cole Chair | 2 | $0 | |
Robin Troy Vice Chair | 2 | $0 | |
Yvonne Lara Secretary | 2 | $0 | |
Steven Denning Treasurer | 2 | $0 | |
Rick White Director | 2 | $0 | |
Tommy Woodall Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,609 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,654 |
| Other Revenue | $7,120 |
| Total Revenue | $120,383 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,852 |
| Professional fees and other payments to independent contractors | $6,040 |
| Occupancy, rent, utilities, and maintenance | $14,779 |
| Printing, publications, postage, and shipping | $512 |
| Other expenses | $34,690 |
| Total expenses | $139,873 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |