The Foundation For Abundant Living

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

EIN: 561681723 ✦ Salisbury, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation For Abundant Living?

The Foundation for Abundant Living is a nonprofit organization that works in harmony with individuals, supported by Lutheran Services for the Aging (LSA) and its associated organizations, as part of the North Carolina Synod of the Evangelical Lutheran Church in America. Their mission, resonating with LSA's ethos, is to empower individuals through Christ. By working together, they aim to provide assistance to those they serve, fulfilling a purpose that aligns with LSA's mission statement.


Official website here: www.lscarolinas.net

Is The Foundation For Abundant Living legitimate?

The Foundation For Abundant Living is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Abundant Living 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: $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 The Foundation For Abundant Living?

The Foundation for Abundant Living, as part of Lutheran Services for the Aging (LSA) and its affiliated organizations, operates with a mission to empower individuals. This mission is grounded in their commitment to Christ, and they strive to walk alongside those they serve. The organization's purpose mirrors the mission statement of LSA, a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America.


Official website here: www.lscarolinas.net

Who is the CEO of The Foundation For Abundant Living?

Rich Duncan is the Chief Development Officer of The Foundation For Abundant Living. The CEO's salary of The Foundation For Abundant Living is $0 and their total compensation is $384,553.


Official website here: www.lscarolinas.net

What is the revenue of The Foundation For Abundant Living?

The Foundation For Abundant Living's revenue in 2022 was $271,372.


Official website here: www.lscarolinas.net

Who are the executives of The Foundation For Abundant Living and what are their salaries?


Here are 7 key members and their salaries (The Foundation For Abundant Living's CEO's salary is $0 and their total compensation is $384,553):


Ted Goins (Ceo/President)
  • Compensation: $0
  • Related: $372,224
  • Other: $12,329
Gregory Hudgins (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary M Grant (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Maddry (Secretary)
  • Compensation: $0
  • Related: $79,943
  • Other: $6,986
Kirby Nickerson (Chief Financial Officer)
  • Compensation: $0
  • Related: $249,074
  • Other: $16,049
Rich Duncan (Chief Development Officer)
  • Compensation: $0
  • Related: $175,256
  • Other: $9,594
Kesha Smith (Coo - Senior Services)
  • Compensation: $0
  • Related: $238,498
  • Other: $16,056


Official website here: www.lscarolinas.net

Where can I find the form 990 for The Foundation For Abundant Living?

The Foundation For Abundant Living'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 The Foundation For Abundant Living

The Foundation for Abundant Living, as part of Lutheran Services for the Aging (LSA) and its affiliated organizations, is dedicated to empowering individuals through the teachings of Christ. This nonprofit organization, aligned with the North Carolina Synod of the Evangelical Lutheran Church in America, follows a mission that mirrors its purpose. By walking alongside those it serves, The Foundation for Abundant Living aims to make a significant impact in people's lives, fostering growth and development through the power of faith.

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Impact




October, 2024

The Foundation for Abundant Living makes a profound impact by empowering individuals through Christ and providing support to those in need. Based in Salisbury, NC, it actively engages with communities and walks alongside individuals, fostering a sense of belonging and purpose. By partnering with Lutheran Services for the Aging and other affiliated organizations, the Foundation enhances the quality of life for many, ensuring that each person feels valued and cared for. Their commitment to service emphasizes compassion, community, and spiritual growth, creating a holistic approach to human services that resonates deeply within the communities they serve.




This information is meant to be a general summary of The Foundation For Abundant Living. 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
$271,372 (2022)
Expenses
$94,191 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $216,452
  • Gross Receipts: $276,998

Assets and Liabilities:

  • Total Assets: $8,167,684
  • Total Liabilities: $655,270
  • Net Assets: $7,512,414

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Organization Details

Founding Year

1989

Principal Officer

Rich Duncan

Main Address

PO BOX 947, SALISBURY, NC, 281450947

NTEE Category

Code: P81 - Human services

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