Overview
What is Lee County Industries Inc?
Lee County Industries Inc, located in Sanford, North Carolina, is a nonprofit organization committed to empowering individuals with disabilities. Through manufacturing support services, such as kitting, assembly, inspection, and job training, LCI generates income from contracts and donations. The organization's core mission is to provide rehabilitation and educational training, catering to a diverse range of people, including those with disabilities, accident victims, and individuals from low-income families. Volunteers and occasional publications contribute to spreading awareness about its initiatives and achievements. Established in 1981, LCI has remained dedicated to its mission, striving to enhance the overall community by fostering independence among its participants.
Official website here: www.lciinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
Lee County Industries Inc has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and finance management. The organization boasts 100% independent board members, which reflects positively on governance. Furthermore, it has demonstrated no material diversion of assets, and its conflict of interest policy is properly documented.
However, the nonprofit has notable areas for improvement, particularly regarding its policies for whistleblower protection and document retention, both of which are currently missing. These deficiencies may raise concerns about organizational transparency and operational integrity. Additionally, while the program expense ratio is reasonably strong at 66.42%, further attention to governance practices could enhance its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lee County Industries Inc legitimate?
Lee County Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee County 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: $106,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $488,839
For more financial information, click here
Official website here: www.lciinc.org
What is the mission statement of Lee County Industries Inc?
Lee County Industries Inc, as a mission, aims to provide rehabilitation and educational training to individuals with employment barriers, encompassing a diverse group such as individuals with disabilities, those recovering from accidents, and individuals from low-income families. The organization offers a wide range of training opportunities, attracting a broad spectrum of participants. Lee County Industries Inc generates income through industrial contracts, award sales, charitable grants, and tax-deductible donations from supporters. Furthermore, the organization relies on volunteers to work with participants and publishes information to keep the public informed about its activities and new ventures. Despite its expansion over the years, Lee County Industries Inc has remained committed to its founding mission: to help individuals with disabilities achieve their highest level of independence and contribute positively to their communities.
Official website here: www.lciinc.org
Who is the CEO of Lee County Industries Inc?
Audrey M Murchison is the President of Lee County Industries Inc.
Official website here: www.lciinc.org
What is the revenue of Lee County Industries Inc?
Lee County Industries Inc's revenue in 2022 was $921,325.
Official website here: www.lciinc.org
Who are the executives of Lee County Industries Inc and what are their salaries?
The average compensation at Lee County Industries Inc during 2022 was $14,895. There are 40 employees and 11 volunteers at Lee County Industries Inc.
Here are 8 key members and their salaries:
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- Compensation: $55,431
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- Compensation: $42,461
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Official website here: www.lciinc.org
Where can I find the form 990 for Lee County Industries Inc?
Lee County Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lciinc.org
Learn more at the official website: www.lciinc.org
Mission Statement of Lee County Industries Inc
Lee County Industries Inc, a nonprofit organization, is dedicated to providing people with disabilities the necessary services to achieve independence and productivity. Its mission is multifaceted, encompassing rehabilitation and educational training for both youth and adults who face barriers to employment. The organization attracts a diverse range of individuals, including those with disabilities, accident survivors, and individuals from low-income families.
Lee County Industries Inc's approach to fulfilling its mission is both comprehensive and flexible. It generates income through industrial contracts and award sales, charitable grants, and tax-deductible gifts from its supporters. The organization also relies on the invaluable contributions of volunteers, who work side-by-side with participants, fostering an environment of mutual support and growth. Lee County Industries Inc also keeps the community informed about its new ventures and initiatives through occasional publications.
Throughout its history, Lee County Industries Inc has expanded its services and moved locations, but it has remained steadfast in its commitment to its original mission. The organization's primary goal is to help individuals with disabilities reach their fullest potential, fostering their independence while simultaneously enhancing the broader community.
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Impact
July, 2024
Lee County Industries Inc, operating out of Sanford, NC, has a significant impact on the community by providing essential manufacturing support services to local and surrounding companies. Through activities such as kitting, assembly, packaging, labeling, sorting, rework, and inspection, LCI not only generates income from manufacturing contracts but also offers crucial job training skills to individuals attending the program. This initiative plays a vital role in enabling people with disabilities to become independent and productive members of society.
Furthermore, LCI's mission to provide rehabilitation and educational training to youth and adults with barriers to employment has garnered support from charitable grants, award sales, and tax-deductible gifts. The organization's commitment to inclusivity is evident in the broad range of individuals it attracts, including those with disabilities, individuals adapting from accidental injuries, and others from low-income families. By staying true to its mission and continually expanding its services, LCI contributes to the overall enhancement of the community and empowers individuals to achieve their greatest potential.
This information is meant to be a general summary of Lee County 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: $6,286
- Program Service Revenue: $903,516
- Gross Receipts: $921,325
Assets and Liabilities:
- Total Assets: $1,404,070
- Total Liabilities: $31,456
- Net Assets: $1,372,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INNOVATION SERVICES
Revenue
$604,586
PROGRAM SERVICES
Revenue
$187,925
INDUSTRY SERVICES
Revenue
$108,853
VR SUPPORT SERVICES
Revenue
$2,152
Organization Details
Founding Year
1967
Phone
(919) 775-3439Principal Officer
Audrey M Murchison
Main Address
2711 TRAMWAY ROAD, SANFORD, NC, 27332
Website
www.lciinc.orgNTEE Category
Code: J300 - Employment
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