Overview
What is Lsa Management Inc?
Lsa Management Inc is a nonprofit organization that functions as an administrative support system for Lutheran Services Carolinas. As a part of the Evangelical Lutheran Church in America's social ministry, they contribute to the mission of empowering those in need by collaborating with Lutheran Services For The Aging, Inc. and its affiliated organizations. Lsa Management provides essential services such as financial management, administrative support, and information technology, ensuring the smooth operation of the broader organization's mission to empower individuals through Christ's guidance.
Official website here: www.lscarolinas.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 78% (Three-Star out of Four Star rating)
Lsa Management Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. This rating is based entirely on their Accountability & Finance score, which stands at 78%. The organization demonstrates good governance practices, with a significant majority of its board members being independent and strong financial oversight through an audit and oversight committee.
The nonprofit has excelled in several key areas, achieving full points for policies related to conflict of interest, whistleblower protections, and document retention. Additionally, their program expense ratio is impressive, with 87.37% of expenses directed towards their programs, which indicates a strong commitment to their mission. Transparency is further demonstrated by their compliance in posting necessary documents on their website.
However, while the overall score reflects strong accountability, the single-beacon scoring system means that other potential areas of evaluation, such as program effectiveness and impact, are not included in this rating. Thus, while Lsa Management Inc shows good financial practices, further insights into their overall impact on the community would provide a more comprehensive view of their effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lsa Management Inc legitimate?
Lsa Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lsa Management Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,085,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,213,458
For more financial information, click here
Official website here: www.lscarolinas.net
What is the mission statement of Lsa Management Inc?
Lsa Management Inc is a key supporter of Lutheran Services Carolinas, an organization dedicated to empowering those it serves. Guided by their Christian values, they fulfill their mission by walking alongside the people they assist. As part of the Evangelical Lutheran Church in America's social ministry, Lsa Management, Inc. (lsam) contributes through administrative, financial, and technological services. By providing essential support, lsam enables Lutheran Services For The Aging, Inc. and its affiliated organizations to effectively carry out their mission of empowerment.
Official website here: www.lscarolinas.net
Who is the CEO of Lsa Management Inc?
Ted Goins is the Principal Officer of Lsa Management Inc. The CEO's salary of Lsa Management Inc is $372,224 and their total compensation is $372,224.
Official website here: www.lscarolinas.net
What is the revenue of Lsa Management Inc?
Lsa Management Inc's revenue in 2022 was $12,830,654.
Official website here: www.lscarolinas.net
Who are the executives of Lsa Management Inc and what are their salaries?
The average compensation at Lsa Management Inc during 2022 was $66,238. There are 80 employees at Lsa Management Inc.
Here are 9 key members and their salaries (Lsa Management Inc's CEO's salary is $372,224 and their total compensation is $372,224):
- Compensation: $372,224
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $249,074
- Related: $0
- Other: $16,049
- Compensation: $79,943
- Related: $0
- Other: $6,986
- Compensation: $238,498
- Related: $0
- Other: $16,056
- Compensation: $175,256
- Related: $0
- Other: $9,594
- Compensation: $162,172
- Related: $0
- Other: $14,467
- Compensation: $148,414
- Related: $0
- Other: $10,394
Official website here: www.lscarolinas.net
Where can I find the form 990 for Lsa Management Inc?
Lsa Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lscarolinas.net
Learn more at the official website: www.lscarolinas.net
Mission Statement of Lsa Management Inc
Lsa Management Inc, a crucial social ministry of the Evangelical Lutheran Church in America, is dedicated to empowering those it serves by walking alongside them. With a mission rooted in Christianity, this organization seeks to make a difference in people's lives. Lsa Management, Inc. (lsam) plays a vital role in supporting this mission through its administrative, financial, and information technology services. By providing these essential functions, Lsa Management Inc enables other affiliated organizations under Lutheran Services Carolinas to focus on their primary goals, ultimately benefiting those in need. Empowerment is at the heart of Lsa Management Inc's mission, as it strives to create meaningful change for the communities it serves, all while being inspired by its Christian beliefs.
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Impact
October, 2024
Lsa Management Inc significantly impacts the community through its supportive administrative and financial services that enhance the mission of Lutheran Services Carolinas. By empowering individuals and families, the organization ensures that those it serves receive not only the necessary resources but also the compassionate guidance crucial for personal growth. Their commitment to walking alongside those they serve fosters a supportive environment that values human dignity and restores hope.
Operating in Salisbury, NC, Lsa Management Inc plays a critical role in streamlining operations, which enables affiliated organizations to focus on their core mission of community service. Through effective management of information technology and financial processes, they help facilitate programs that improve quality of life for vulnerable populations, including the elderly. This holistic approach ensures that the spiritual and physical needs of the community are addressed, reinforcing the belief in empowerment through collective support and faith-driven action.
This information is meant to be a general summary of Lsa Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,120,643
- Program Service Revenue: $8,833,398
- Gross Receipts: $12,830,654
Assets and Liabilities:
- Total Assets: $177,107,310
- Total Liabilities: $168,163,725
- Net Assets: $8,943,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$7,568,717
SERVICE FEE REVENUE
Revenue
$1,264,681
Organization Details
Founding Year
2004
Phone
(704) 637-2870Principal Officer
Ted Goins
Main Address
PO BOX 947, SALISBURY, NC, 281450947
Website
www.lscarolinas.netNTEE Category
Code: P81 - Human services
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