Overview
What is Lott Industries Inc?
Lott Industries Inc, a 501(c)3 nonprofit organization based in Toledo, Ohio, has been serving individuals with developmental disabilities since 1956. With a strong commitment to empowering people with various barriers, Lott Industries provides both educational and vocational opportunities, fostering a sense of purpose and meaningful employment. The organization's reach extends beyond its local community, as it caters to business clients nationwide. Lott Industries offers day and vocational habilitation training, providing over 200 area individuals with paid work opportunities. The organization's team consists of 273 dedicated employees, all working together to ensure that everyone within their reach has the chance to contribute meaningfully to society.
Official website here: www.lottserves.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Lott Industries Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has demonstrated a commitment to transparency and effective governance, with a fully independent board and a perfect score in several accountability measures, including the absence of any material diversion of assets.
User feedback highlights a personal connection to the organization, indicating that it has a positive impact on individuals' lives. One reviewer expressed a desire to raise funds for a friend in need of a wheelchair, underscoring the community-oriented focus of Lott Industries. This engagement suggests that the nonprofit effectively connects with the public and addresses specific needs within its community.
However, while the financial metrics are robust, user reviews are limited, providing only a glimpse into the broader outreach and programmatic impact of the organization. More comprehensive feedback from a wider audience could enhance understanding of Lott Industries' overall effectiveness and community presence.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Lott Industries Inc legitimate?
Lott Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lott Industries 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: $205,554
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,847,552
For more financial information, click here
Official website here: www.lottserves.org
What is the mission statement of Lott Industries Inc?
Lott Industries Inc., as a non-profit organization, has been committed to offering meaningful educational and vocational opportunities for individuals with developmental disabilities since 1956. With a passion for serving individuals with various barriers, Lott Industries seeks to provide purposeful work to everyone within its reach. The organization serves its customers locally and across the United States, demonstrating its dedication to making a difference in people's lives.
Official website here: www.lottserves.org
Who is the CEO of Lott Industries Inc?
David Gall is the Treasurer of Lott Industries Inc. The CEO's salary of Lott Industries Inc is $94,131 and their total compensation is $113,211.
Official website here: www.lottserves.org
What is the revenue of Lott Industries Inc?
Lott Industries Inc's revenue in 2022 was $4,403,500.
Official website here: www.lottserves.org
Who are the executives of Lott Industries Inc and what are their salaries?
The average compensation at Lott Industries Inc during 2022 was $11,184. There are 273 employees and 50 volunteers at Lott Industries Inc.
Here are 10 key members and their salaries (Lott Industries Inc's CEO's salary is $94,131 and their total compensation is $113,211):
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- Compensation: $94,131
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- Other: $19,080
- Compensation: $64,474
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- Other: $13,669
Official website here: www.lottserves.org
Where can I find the form 990 for Lott Industries Inc?
Lott Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lottserves.org
Learn more at the official website: www.lottserves.org
Mission Statement of Lott Industries Inc
Lott Industries Inc, a 501(C)3 non-profit organization, has been dedicated to providing meaningful educational and vocational opportunities for individuals with developmental disabilities since 1956. With a passion for serving people with various barriers, Lott Industries Inc aims to offer purposeful work to everyone within its reach. The organization serves a wide range of customers, not just locally but throughout the United States. It is committed to its mission of empowering people with developmental disabilities, helping them lead fulfilling lives and contribute to their communities.
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Impact
October, 2024
Lott Industries Inc has a significant impact on the community by offering meaningful educational and vocational opportunities to individuals with developmental disabilities since 1956. Through their programs, Lott empowers over 200 individuals each year by providing day and vocational habilitation training, along with paid work opportunities. This not only enhances the quality of life for these individuals but also fosters a sense of purpose and inclusion within the workforce. Lott Industries serves a diverse range of business customers locally in Toledo, Ohio, and throughout the United States, thereby promoting accessibility and employment for those facing barriers. Their dedication to serving people with developmental disabilities highlights the importance of inclusivity and support in building a more equitable society.
This information is meant to be a general summary of Lott Industries 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: -$89,576
- Program Service Revenue: $4,055,061
- Gross Receipts: $6,409,866
Assets and Liabilities:
- Total Assets: $8,978,137
- Total Liabilities: $195,778
- Net Assets: $8,782,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES
Revenue
$2,844,908
MEDICAID
Revenue
$1,210,153
Organization Details
Founding Year
1958
Phone
(419) 381-5200Principal Officer
David Gall
Main Address
3350 HILL AVE, TOLEDO, OH, 43607
Website
www.lottserves.orgNTEE Category
Code: P82 - Human services
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