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L C Industries Inc

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

EIN: 560686307 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Overview

What is L C Industries Inc?

L C Industries Inc is a North Carolina-based nonprofit organization, specifically located at 4500 Emperor Boulevard in Durham, employing a significant number of visually impaired individuals. The organization's mission is to provide meaningful employment opportunities for those who are blind and visually impaired. Their diverse range of products includes mattresses, mattress covers, file folders, wallet envelopes, mops, water cans, paper products, and various plastics. The organization also operates retail stores selling blind-made goods. As of June 30, 2022, their direct workforce consisted of 276 visually impaired individuals, contributing to a total employee count of 936. The organization's activities revolve around teaching and employing visually impaired individuals, producing a variety of items while making a positive impact on their lives.


Official website here: www.lcindustries.com

Is L C Industries Inc legitimate?

L C Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. L C 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.

Here are some key statistics you may want to consider:

Executive Compensation: $2,868,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,845,342

For more financial information, click here


Official website here: www.lcindustries.com

What is the mission statement of L C Industries Inc?

L C Industries Inc is dedicated to providing meaningful employment opportunities for individuals who are blind and visually impaired. Their mission is to create a work environment where these individuals can thrive and contribute to the production of various products. The organization's offerings include mattresses, mattress covers, file folders, wallet envelopes, mops, water cans, paper products, and other plastics. The team at L C Industries Inc manages retail stores that sell their blind-made products. As of June 30, 2022, their direct workforce consisted of 276 visually impaired individuals.


Official website here: www.lcindustries.com

Who is the CEO of L C Industries Inc?

Patrick Lindsey is the Chair of L C Industries Inc.


Official website here: www.lcindustries.com

What is the revenue of L C Industries Inc?

L C Industries Inc's revenue in 2022 was $48,935,731.


Official website here: www.lcindustries.com

Who are the executives of L C Industries Inc and what are their salaries?

The average compensation at L C Industries Inc during 2022 was $32,814. There are 936 employees at L C Industries Inc.

Here are 19 key members and their salaries:

    Jeffrey Hawting (President (Thru Oct))
  • Compensation: $587,391
  • Related: $0
  • Other: $21,866

    • Patrick Lindsey (President)
  • Compensation: $571,936
  • Related: $0
  • Other: $17,207

    • William Hudson (Treasurer) [Trustee/Director]
  • Compensation: $485,556
  • Related: $0
  • Other: $0

    • Nathan Carter (Cfo (Thru Dec))
  • Compensation: $326,108
  • Related: $0
  • Other: $27,267

    • Marisa Chrismon (Chro)
  • Compensation: $250,458
  • Related: $0
  • Other: $25,793

    • Duwayne Gilbertson (Vp Of Product Development)
  • Compensation: $238,298
  • Related: $0
  • Other: $29,394

    • William Blackton (Vp Of Retail)
  • Compensation: $223,781
  • Related: $0
  • Other: $23,479

    • Scott M Schrantz (Director Distribution)
  • Compensation: $175,391
  • Related: $0
  • Other: $22,403

    • Andro P Czuczuk (Director Purchasing)
  • Compensation: $161,535
  • Related: $0
  • Other: $27,872

    • Grace Baier-Green (Director Sales)
  • Compensation: $152,418
  • Related: $0
  • Other: $22,354

    • Michael W Grafton (Manager Product Development)
  • Compensation: $140,383
  • Related: $0
  • Other: $21,915

    • Hope M Greene (Director Finance)
  • Compensation: $127,999
  • Related: $0
  • Other: $4,480

    • Richard M Hutson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Griffin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe M Lee Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thom White (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernie Roessler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Holmes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Delbert White (Chief Information Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lcindustries.com

    Where can I find the form 990 for L C Industries Inc?

    The L C Industries Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lcindustries.com

    Learn more at the official website: www.lcindustries.com

    Mission Statement of L C Industries Inc

    L C Industries Inc, a notable organization, is dedicated to providing meaningful employment opportunities for individuals who are blind and visually impaired. In line with its mission, the organization manufactures a diverse range of products, including mattresses, mattress covers, file folders, wallet envelopes, mops, water cans, paper products, and other plastics. The workforce behind these products is made up of visually impaired individuals.

    Beyond manufacturing, L C Industries Inc also operates retail stores where these blind-made products are sold. The organization's commitment to employing visually impaired individuals extends to all aspects of its operations. As of June 30, 2022, the organization's direct workforce consisted of 276 individuals who are visually impaired, reflecting its unwavering dedication to its mission.

    L C Industries Inc goes beyond just providing employment. By offering a safe and inclusive working environment, the organization empowers its employees to contribute their skills and talents, fostering a sense of self-worth and independence. In doing so, L C Industries Inc not only provides employment but also plays a vital role in enhancing the lives of those who are blind and visually impaired.

    Impact

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




    Thursday, August 15, 2024

    L C Industries Inc's impact is significant in providing meaningful employment and valuable skills training for individuals who are blind and visually impaired. By employing visually impaired individuals in the manufacturing of various products such as mattresses, file folders, mops, and more, the organization is empowering these individuals to contribute to the workforce and earn a living. Additionally, L C Industries Inc operates retail stores that sell blind-made products, further supporting the employment and economic independence of individuals with visual impairments. Through their dedication to their mission, L C Industries Inc is making a positive impact on the lives of visually impaired individuals by offering them opportunities for employment and self-sufficiency.





    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: $-2,346,339
  • Program Service Revenue: $0
  • Gross Receipts: $262,547,558

    • Assets and Liabilities:
  • Total Assets: $199,406,608
  • Total Liabilities: $26,495,525
  • Net Assets: $172,911,083
  • Organization Details

    Founding Year

    1958

    Principal Officer

    Patrick Lindsey

    Main Address

    4500 EMPEROR BOULEVARD, DURHAM, NC, 27703

    NTEE Category

    Code: J30 - Employment

    If you are a representative of L C Industries Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.