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Lions Industries For The Blind Inc

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

EIN: 560964605 ✦ Kinston, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lions Industries For The Blind Inc?

Lions Industries for the Blind Inc is a nonprofit organization that prioritizes the empowerment of individuals with visual impairments. They achieve this goal by providing them with employment opportunities through their diverse programs. This organization's mission is centered around the employment of the visually impaired, aiming to boost their independence and self-reliance. By offering gainful employment, Lions Industries for the Blind Inc plays an essential role in enhancing the quality of life for those affected by visual impairments.


Official website here: www.lionsindustries.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

Lions Industries For The Blind Inc has received an overall rating of 84%, placing it in the Three-Star category. This rating reflects a solid performance in accountability and finance, particularly with a perfect score for having an entirely independent board and a strong financial oversight committee. The organization demonstrates a commitment to transparency in several aspects, such as maintaining minutes of board meetings and having no material diversion of assets.

While the nonprofit showcases notable strengths, it does have some areas for improvement. Specifically, it lacks certain key policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. Additionally, the absence of its tax form on its website could hinder transparency efforts, as this document is essential for potential donors and stakeholders to review.

Despite these limitations, the organization maintains a good program expense ratio of over 70%, indicating that a significant portion of its resources is directed towards its mission. Overall, while Lions Industries For The Blind Inc demonstrates responsible financial practices, enhancing their governance policies could further strengthen their accountability and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Lions Industries For The Blind Inc legitimate?

Lions Industries For The Blind Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lions Industries For The Blind 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: $96,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $477,415

For more financial information, click here


Official website here: www.lionsindustries.org/

What is the mission statement of Lions Industries For The Blind Inc?

Lions Industries for the Blind Inc. is dedicated to empowering individuals who are blind or visually impaired by providing them with employment opportunities through their various programs. The organization's mission is centered around offering a means of livelihood and independence to these individuals, thereby contributing to their overall well-being and integration into society. By providing employment opportunities, Lions Industries for the Blind Inc. aims to enhance the self-esteem and skills of the visually impaired, thereby enabling them to lead more fulfilling lives. The organization's activities are geared towards creating a supportive environment where these individuals can thrive and realize their full potential.


Official website here: www.lionsindustries.org/

Who is the CEO of Lions Industries For The Blind Inc?

Sharon Axelberg is the Executive Di of Lions Industries For The Blind Inc.


Official website here: www.lionsindustries.org/

What is the revenue of Lions Industries For The Blind Inc?

Lions Industries For The Blind Inc's revenue in 2022 was $1,827,979.


Official website here: www.lionsindustries.org/

Who are the executives of Lions Industries For The Blind Inc and what are their salaries?

The average compensation at Lions Industries For The Blind Inc during 2022 was $9,894. There are 58 employees and 17 volunteers at Lions Industries For The Blind Inc.


Here are 17 key members and their salaries:


Sharon Axelberg (Executive Di)
  • Compensation: $91,352
  • Related: $0
  • Other: $660
Bob Block (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tilden Burrus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Chase (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Goins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Horace Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Landis Ii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deangelo Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Skippy Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlton Metts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Moxley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Rice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harrison Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wynonna Stroud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janis Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lionsindustries.org/

Where can I find the form 990 for Lions Industries For The Blind Inc?

Lions Industries For The Blind Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lionsindustries.org/

Learn more at the official website: www.lionsindustries.org/

Mission Statement of Lions Industries For The Blind Inc

Lions Industries for the Blind, as a nonprofit organization, is committed to empowering individuals who are blind or visually impaired. They accomplish this mission by providing employment opportunities to these individuals through their various programs. By offering employment, Lions Industries for the Blind enables the visually impaired community to gain independence, self-sufficiency, and a sense of purpose. The organization's mission is instrumental in breaking the barriers that often hinder the employment prospects of individuals with visual impairments, thereby fostering their integration into society.

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Impact




July, 2024

Lions Industries for The Blind Inc's impact is significant in empowering the blind and visually impaired individuals by providing them with employment opportunities. Through their programs, they help enhance the lives of these individuals by offering them meaningful work and a chance to contribute to society. By promoting independence and self-sufficiency, Lions Industries for The Blind Inc plays a vital role in improving the quality of life for the blind and visually impaired in Kinston, NC, and beyond.




This information is meant to be a general summary of Lions Industries For The Blind 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.

Revenue
$1,827,979 (2022)
Expenses
$1,268,367 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $969,590
  • Program Service Revenue: $1,140
  • Gross Receipts: $5,594,486

Assets and Liabilities:

  • Total Assets: $10,453,975
  • Total Liabilities: $303,531
  • Net Assets: $10,150,444

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Programs

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

TRANSPORT. CLIENTS & EMPLOYEE

Revenue

$1,140

Organization Details

Principal Officer

Sharon Axelberg

Main Address

PO BOX 2001, KINSTON, NC, 28502

NTEE Category

Code: J30Z - Employment

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