Laurel Lake Retirement Community Foundation Inc.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “Established in 1994, the laurel lake foundation is the charitable arm of laurel lake retirement community. its purpose is to generate and manage resources that vigorously support and enrich the quality of life for laurel lake residents now and in the future. the foundation is dedicated to helping satisfy the social, intellectual, physical and emotional needs of residents throughout every level of life while inspiring our community of families, friends and staff. the foundation funds a wide variety of projects and programs which help care for residents throughout lifes transitions and enhance the active, stimulating and rewarding lifestyle that laurel lake residents enjoy.”.

When detailing its functions, they were listed as: “To encourage, administer & coordinate charitable giving to foster campus-wide enrichment projects, programs & services for the benefit of the residents of laurel lake retirement”.

• According to the law, the state where the non-profit operates has been reported as OH.
• The filing specifies that the non-profit's address in 2020 was 200 Laurel Lake Drive, HUDSON, OH, 44236.
• As of 2020, the non-profit's form shows they have a total of 0 employees.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is between $100,000 and $250,000.
• Revenue less expenses is -$295,869.
• The remuneration plan for the CEO of the organization is not based on a review and endorsement process by an independent body.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 6 independent voting members.
• The organization was formed in 1995.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $123,188 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has grants to organizations.
• The organization's financial statements were reviewed by an accountant.