Overview
What is Lsa Pharmacy Inc?
Lsa Pharmacy Inc, affiliated with Lutheran Services for the Aging, is a nonprofit organization serving multiple Lutheran nursing homes in Salisbury, North Carolina. Their guiding principle, "Empowered By Christ, We Walk Together With All We Serve," aligns with their parent organization's mission statement. Lsa Pharmacy's primary activity involves providing comprehensive pharmaceutical services, ensuring the well-being of elderly residents in these nursing homes. Their mission emphasizes unity and support, encapsulating their dedication to the communities they serve.
Official website here: www.lscarolinas.net
What are the reviews and ratings of this charity?
Charity Navigator Rating 93% - Four-Star out of Four Star Rating
Lsa Pharmacy Inc has achieved an impressive score of 93% from Charity Navigator, indicating a strong performance in accountability and finance. The rating is based entirely on a single beacon score that assesses the organization's financial practices and governance. Such a high score reflects the nonprofit's commitment to transparency and effective management of resources.
The organization demonstrates significant strengths, including a majority of independent board members and a comprehensive set of policies related to conflict of interest and whistleblower protections. Their financial statements are regularly audited, and they maintain a low ratio of liabilities to assets, suggesting financial stability. Furthermore, a remarkable percentage of their expenses directly support their programs, showing a dedicated focus on their mission.
While the data indicates high accountability and effective finance management, the summary does not mention any potential areas for improvement or challenges faced by Lsa Pharmacy Inc. Overall, the organization appears to uphold a strong reputation within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Lsa Pharmacy Inc legitimate?
Lsa Pharmacy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lsa Pharmacy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,585,623
For more financial information, click here
Official website here: www.lscarolinas.net
What is the mission statement of Lsa Pharmacy Inc?
Lsa Pharmacy Inc, aligned with its parent organization's mission, operates with the statement, "Empowered By Christ, We Walk Together With All We Serve." This mission reflects a commitment to serving all individuals they interact with, in the context of providing pharmaceutical services. This approach emphasizes partnership, unity, and spiritual guidance in their work.
Official website here: www.lscarolinas.net
Who is the CEO of Lsa Pharmacy Inc?
Ted Goins is the Principal Officer of Lsa Pharmacy Inc. The CEO's salary of Lsa Pharmacy Inc is $0 and their total compensation is $384,553.
Official website here: www.lscarolinas.net
What is the revenue of Lsa Pharmacy Inc?
Lsa Pharmacy Inc's revenue in 2022 was $8,035,790.
Official website here: www.lscarolinas.net
Who are the executives of Lsa Pharmacy Inc and what are their salaries?
The average compensation at Lsa Pharmacy Inc during 2022 was $58,727. There are 27 employees at Lsa Pharmacy Inc.
Here are 9 key members and their salaries (Lsa Pharmacy Inc's CEO's salary is $0 and their total compensation is $384,553):
- Compensation: $0
- Related: $372,224
- Other: $12,329
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $249,074
- Other: $16,049
- Compensation: $0
- Related: $79,943
- Other: $6,986
- Compensation: $0
- Related: $238,498
- Other: $16,056
- Compensation: $188,634
- Related: $0
- Other: $10,484
- Compensation: $154,007
- Related: $0
- Other: $3,810
- Compensation: $128,302
- Related: $0
- Other: $7,142
Official website here: www.lscarolinas.net
Where can I find the form 990 for Lsa Pharmacy Inc?
Lsa Pharmacy 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 Pharmacy Inc
Lsa Pharmacy Inc, associated with Lutheran Services for the Aging, embodies a mission that is deeply rooted in Christian values. This mission statement, "Empowered By Christ, We Walk Together With All We Serve," reflects the organization's commitment to serving its clients with compassion and unity. This philosophy aligns with the broader mission of its parent organization, ensuring that Lsa Pharmacy Inc extends beyond mere pharmaceutical services, fostering a sense of communal support and shared journey with those it serves.
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Impact
August, 2024
Lsa Pharmacy Inc's impact is primarily felt through its provision of pharmaceutical services to multiple Lutheran nursing homes in Salisbury, NC. Their mission, "Empowered By Christ, We Walk Together With All We Serve," reflects their commitment to serving the community with compassion and care. By ensuring the residents of these nursing homes have access to necessary medications and healthcare support, Lsa Pharmacy Inc plays a crucial role in enhancing the well-being and quality of life for those they serve. Their work aligns with the values of their parent organization, Lutheran Services for the Aging, and contributes to the overall health and vitality of the community.
This information is meant to be a general summary of Lsa Pharmacy 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: $68,034
- Program Service Revenue: $7,698,853
- Gross Receipts: $8,035,790
Assets and Liabilities:
- Total Assets: $13,181,625
- Total Liabilities: $249,772
- Net Assets: $12,931,853
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANCILLARY INCOME
Revenue
$4,281,792
SALE OF PHARMACY MEDIC
Revenue
$3,274,898
SERVICE FEE REVENUE
Revenue
$142,163
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: E83 - Health
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