Lsa Elms Property Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263739962 ✦ Salisbury, NC ✦ Designated as a 501(c)(3)

Overview

What is Lsa Elms Property Inc?

Lsa Elms Property Inc, a nonprofit entity based in Clemmons, North Carolina, holds ownership of the land and building situated at 3750 Harper Road. The corporation rents out this building to Lsa Elms at Tanglewood, Inc., an organization dedicated to offering its residents a sense of belonging, comfort, and security within their living space. Lsa Elms Property, along with its associated organizations, is an integral part of the North Carolina Synod of the Evangelical Lutheran Church in America. Their shared mission, as expressed by Lsa, is to walk in unity with all they serve, empowered by Christ.


Official website here: www.lscarolinas.net

Is Lsa Elms Property Inc legitimate?

Lsa Elms Property Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lsa Elms Property 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lscarolinas.net

What is the mission statement of Lsa Elms Property Inc?

Lsa Elms Property Inc, as a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America, is guided by the mission statement: "Empowered by Christ, we walk together with all we serve." This mission reflects their commitment to supporting the residents of the property they own and lease, offering them a sense of comfort, security, and belonging. The corporation's actions are inspired by this mission, aiming to serve all individuals with compassion and faith.


Official website here: www.lscarolinas.net

Who is the CEO of Lsa Elms Property Inc?

Ted Goins is the Ceo/President of Lsa Elms Property Inc. The CEO's salary of Lsa Elms Property Inc is $0 and their total compensation is $384,553.


Official website here: www.lscarolinas.net

What is the revenue of Lsa Elms Property Inc?

Lsa Elms Property Inc's revenue in 2022 was $912,552.


Official website here: www.lscarolinas.net

Who are the executives of Lsa Elms Property Inc and what are their salaries?

Here are 7 key members and their salaries (Lsa Elms Property Inc's CEO's salary is $0 and their total compensation is $384,553):

    Ted Goins (Ceo/President) [Trustee/Director]
  • Compensation: $0
  • Related: $372,224
  • Other: $12,329

    • Kirby Nickerson (Chief Financial Officer)
  • Compensation: $0
  • Related: $249,074
  • Other: $16,049

    • Kesha Smith (Coo - Senior Services)
  • Compensation: $0
  • Related: $238,498
  • Other: $16,056

    • Tonya Hilliard (Administrator)
  • Compensation: $0
  • Related: $142,318
  • Other: $3,308

    • Karen Maddry (Secretary)
  • Compensation: $0
  • Related: $79,943
  • Other: $6,986

    • Gregory Hudgins (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cary M Grant (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lscarolinas.net

    Where can I find the form 990 for Lsa Elms Property Inc?

    The Lsa Elms Property 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 Elms Property Inc

    Lsa Elms Property Inc, as a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America, is committed to its mission of "Empowered by Christ, we walk together with all we serve." This mission drives the corporation to offer a true home to its residents at 3750 Harper Road in Clemmons, NC. The home provided by Lsa Elms Property Inc is intended to offer comfort, security, and a sense of belonging to its residents. The corporation's mission is not just about providing a physical space, but also about fostering a sense of community and unity, where everyone is valued and supported by one another. Lsa Elms Property Inc, through its mission and work, seeks to embody the teachings of Christ and serve its residents with compassion and dedication.

    Impact

    This information is meant to be a general summary of Lsa Elms Property Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lsa Elms Property Inc's impact lies in providing residents with a true home that offers comfort, security, and a sense of belonging. As a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America, their mission of being "Empowered by Christ, we walk together with all we serve" drives their commitment to supporting and empowering those they serve. Through owning the property at 3750 Harper Road in Clemmons, NC, and leasing it to Lsa Elms at Tanglewood, Inc., they contribute to creating a caring and supportive community for residents in need of housing. Their focus on providing a sense of home and security aligns with their dedication to serving others in the spirit of Christ.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $27,552
  • Program Service Revenue: $885,000
  • Gross Receipts: $912,552

    • Assets and Liabilities:
  • Total Assets: $8,609,241
  • Total Liabilities: $7,864,306
  • Net Assets: $744,935
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $885,000

    Organization Details

    Founding Year

    2008

    Principal Officer

    Ted Goins

    Main Address

    PO BOX 947, SALISBURY, NC, 281450947

    NTEE Category

    Code: L22 - Housing

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