EIN 22-3519521

Life Management

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
1997
Most recent tax filings
2022-12-01
Description
Promote the quality of life for individuals vulnerable to crisis of daily living due to age, disability or socio-economic status, and foster affordable housing.
Total revenues
$8,824,111
2022
Total expenses
$729,625
2022
Total assets
$80,451,042
2022
Num. employees
14
2022

Program areas at Life Management

Life Management provides social service programs to 13 affordable housing projects located throughout essex and hudson counties. The services provided by Life Management include educational, health and fitness and social activities for both adults and children. The services are free to the residents of these housing projects and are provided through staff and consultants paid for by Life Management. Life Management, Inc. offers approximately 6,000 hours of services to 1,023 households, as well as 197 adult/ youth education programs, 188 empowerment workshops, 154 art and recreation workshops for all ages, 30 art workshops specifically for youth, and 46 health and fitness workshops for all ages. Life Management also operates connections/ mentoring programs for girls and boys serving seven sites. The programs meet once a week throughout the year. Homework/computer labs are offered to each site, and are open for varying hours site dependent. The labs help the students gain access to help and computers that they may not have access to outside of school. In addition, summer camps operated for the convenience of 3 sites, which enabled the youth to leave their apartments for a supervised setting while their parents were at work in the summer when school was not in session.
Life Management, Inc. Provided home repairs to 127 essex county homeowners and caregivers in 2022. Lmi saved many seniors from institutions and restrictive settings, by not only repairing their homes, but by installing ramps, grab bars, stair lifts and providing a variety of other improvements which allowed for greater mobility and safety in the comfort of their own homes.
Life Management Inc. Provides assistance to 127 senior citizens in the form of residential maintenance programs.
Life Management was gifted a property which was valued at $815,000 at the time and was located at 22 pleasant avenue in montclair. (the property which was originally going to be used to establish a community garden and small fitness studio.) That idea was short lived and lmi decided to sell the property. Lmi had a buyer who was unable to close on time in 2022, but when it does close in 2023, the property will bring in some unrestricted funds to the agency. In the meantime, lmi asked the buyer for $25,000 for taxes and maintenance costs. And $25,000 in escrow if it did not close by the end of 2022. These funds were used to take care of the lawn, remove debris and poison ivy during 2022. In addition to the above, in 2022 Life Management, Inc. Continued its role as a partner in hinchliffe stadium redevelopment and construction of 77 units of senior housing. As a nonprofit partner, lmi enabled the developers and city to secure funds that were only available to the team via lmi as the nonprofit partner. The extensiveness of the project and huge costs were offset by the contributions made via Life Management's involvement with hinchliffe stadium. Lmi was also involved in an advisory capacity to the hinchliffe senior housing construction particularly related to the community room where lmi will operate activities in 2023.

Personnel at Life Management

NameTitleCompensation
Barbara HavlikExecutive Director$97,131
Ellen ParettiVice Chairperson and Operations Director / Treasurer and Chief Executive Officer / Chief Financial Officer / BD Member$51,052
Beth AlbertSecretary / Chairperson$0
Debra NeierTreasurer$2,250

Financials for Life Management

RevenuesFYE 12/2022
Total grants, contributions, etc.$8,293,931
Program services$505,073
Investment income and dividends$107
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$25,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,824,111

Form 990s for Life Management

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122024-01-31990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 11 more Form 990s

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Sophia WayBellevue, WA$3,835,514
Home of the Sparrow (HOS)Woodstock, IL$7,995,446
PillarsAppleton, WI$5,083,541
Austin Street CenterDallas, TX$8,548,196
Harbor Interfaith ServicesSan Pedro, CA$13,435,337
ComeaCheyenne, WY$2,626,853
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 20, 2023
Used new vendors
Identified 1 new vendor, including
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousingHomelessness
Characteristics
Receives government fundingTax deductible donations
General information
Address
77 Park St
Montclair, NJ 07042
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Phone
(973) 655-0300
IRS details
EIN
22-3519521
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L41: Homeless, Temporary Shelter
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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