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Louisville Asset Building Coalition Inc.

Louisville Asset Building Coalition Inc.

Louisville, KY
Tax ID45-5273568

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About this organization

Revenue

$227,633

Expenses

$210,094

Mission

Build an economic foundation for individuals and families by promoting financial stability and asset building in Jefferson County, KY.

About

The Louisville Asset Building Coalition (LABC) is a broad public/private collaborative dedicated to promoting financial stability and asset building for individuals and families. By providing direct services and linkages to other community resources, LABC strives to build an economic foundation that will allow members of our community to reach their highest potential. The coalition is committed to bettering its members and the community by leveraging the success of its free tax preparation and earned income tax credit (EITC) campaign. LABC also provides a continuum of financial education resources and asset development initiates for Metro Louisville and Jefferson County.

Interesting data from their 2019 990 filing

The purpose of the non-profit is outlined in the filing as “The louisville asset building coalition (labc) is a broad public/private collaborative dedicated to promoting financial stability and asset building for individuals and families. by providing direct services and linkages to other community resources, labc strives to build an economic foundation that will allow members of our community to reach their highest potential. the coalition is committed to bettering its members and the community by leveraging the success of its free tax preparation and earned income tax credit (eitc) campaign. labc also provides a continuum of financial education resources and asset development initiates for metro louisville and jefferson county.”.

When discussing its operations, they were defined as: “Build an economic foundation for individuals and families by promoting financial stability and asset building in jefferson county, ky.”.

  • The state where the non-profit operates has been legally reported as KY.
  • The non-profit has reported 8 employees on their form as of 2019.
  • 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 between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $17,539.
  • The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 11 independent voting members.
  • The organization was formed in 2014.
  • 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 O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $164,244 in salary, compensation, and benefits to its employees.
  • The organization pays $4,890 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.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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