Local Initiatives Support Corp.
Local Initiatives Support Corp.
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About this organization
Mission
Together with residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families. Sharing our expertise of 40-plus years, we bring together key local players to take on pressing challenges and incubate new solutions. With them, we help develop smarter public policy. Our toolkit is extensive. It includes loans, grants, equity investments and on-the-ground experience in some of America's most underresourced neighborhoods.
About
Project development and investment. LISC provides technical assistance and other program services to community based organizations throughout the country to assist them in transforming their communities into healthy and sustainable communities of choice and opportunity, including efforts to promote safer streets; help residents achieve economic stability; improve health and encourage healthy lifestyles; and incentivize change through arts and culture. See schedule O for more information.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “Local initiatives support corporation (lisc) is dedicated to helping community residents transform distressed neighborhoods into healthy and sustainable communities of choice and opportunity. see schedule o for more information.”.
When outlining its functions, they were explained as: “See schedule o.assists community stakeholders in urban and rural areas across the u.s. to revitalize distressed communities.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as NY.
- The filing records the non-profit's address for 2020 as 28 LIBERTY STREET 34TH FLOOR, NEW YORK, NY, 10005.
- As of 2020, the non-profit's form reports a total of 687 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $36,335,864.
- The organization has 27 independent voting members.
- The organization was formed in 1979.
- The organization pays $51,197,298 in salary, compensation, and benefits to its employees.
- The organization pays $7,762,925 in fundraising expenses.
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