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Leroy Springs & Company Inc

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

EIN: 570344121 ✦ Fort mill, SC ✦ Designated as a 501(c)(3)

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Overview

What is Leroy Springs & Company Inc?

Leroy Springs & Company Inc, founded in 1938, is a South Carolina-based nonprofit organization that focuses on improving community health and values. Through its facilities and open spaces, it offers a range of recreational, educational, and community activities aimed at enhancing physical and mental well-being. The organization's programs are affordable and accessible to all, with a primary focus on benefiting the residents of Fort Mill Township and Lancaster and Chester counties. Leroy Springs & Company Inc preserves local history and promotes environmental stewardship, welcoming everyone to enjoy its offerings. With an employee count of 718, the organization's initiatives include the Anne Springs Close Greenway, which boasts impressive attendance numbers for activities like hiking, biking, and educational programs; various camps and preschools; and golf courses at Fort Mill, Springfield, Lancaster, and Chester.


Official website here: www.leroysprings.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 81% - Three-Star out of Four Star Rating

Leroy Springs & Company Inc has achieved a Three-Star rating from Charity Navigator, reflecting a good level of accountability and financial health. The rating is based entirely on the organization's performance in the Accountability & Finance beacon, indicating strong governance practices and transparency in its operations. The charity maintains a significant proportion of independent board members, showcasing a commitment to unbiased oversight.

The organization demonstrates a robust program expense ratio of 86.27%, indicating that a large portion of its funds is directed toward its programs rather than administrative costs. Additionally, it has effectively implemented various policies such as conflict of interest and whistleblower policies, ensuring ethical conduct among its board members and staff. The absence of material diversion of assets further highlights the organization's integrity in financial management.

While the charity has shown strengths in many areas, the overall score based solely on one beacon suggests a potential lack of diversity in its performance indicators. However, the transparent practices and solid fiscal management reflect positively on its operations, positioning Leroy Springs & Company Inc as a reliable nonprofit organization.


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

Is Leroy Springs & Company Inc legitimate?

Leroy Springs & Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leroy Springs & Company 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: $420,702
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,760,884

For more financial information, click here


Official website here: www.leroysprings.com

What is the mission statement of Leroy Springs & Company Inc?

Leroy Springs & Company Inc is a mission-driven organization that aims to enhance community well-being by providing and managing facilities and open spaces. Their objective is to foster positive values and promote physical and mental health through accessible, high-quality programs for all. These programs encompass recreational, educational, and community activities. Additionally, the organization places importance on preserving local history and advocating for environmental stewardship. Though primarily serving the local community, they welcome everyone to participate and enjoy the offerings.


Official website here: www.leroysprings.com

Who is the CEO of Leroy Springs & Company Inc?

John Gordon is the President & Ceo of Leroy Springs & Company Inc. The CEO's salary of Leroy Springs & Company Inc is $248,450 and their total compensation is $272,874.


Official website here: www.leroysprings.com

What is the revenue of Leroy Springs & Company Inc?

Leroy Springs & Company Inc's revenue in 2022 was $20,965,396.


Official website here: www.leroysprings.com

Who are the executives of Leroy Springs & Company Inc and what are their salaries?

The average compensation at Leroy Springs & Company Inc during 2022 was $11,395. There are 718 employees and 1086 volunteers at Leroy Springs & Company Inc.


Here are 11 key members and their salaries (Leroy Springs & Company Inc's CEO's salary is $248,450 and their total compensation is $272,874):


Crandall C Bowles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliott S Close (Director, Chairman Of The)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Alexander Sullivan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hw Close (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Dehler Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Kane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Peyton Worley (Vice President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gordon (President & Ceo)
  • Compensation: $248,450
  • Related: $0
  • Other: $24,424
Cheryl P Gall (Vice President, Human Reso)
  • Compensation: $138,589
  • Related: $0
  • Other: $17,669
Deborah L Kiggans (Cfo)
  • Compensation: $172,253
  • Related: $0
  • Other: $27,518
Cal Williams (Director Of Golf)
  • Compensation: $116,875
  • Related: $0
  • Other: $18,076


Official website here: www.leroysprings.com

Where can I find the form 990 for Leroy Springs & Company Inc?

Leroy Springs & Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.leroysprings.com

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

Mission Statement of Leroy Springs & Company Inc

Leroy Springs & Company Inc, a mission-driven organization, works to alleviate some of the responsibilities of the government by offering facilities and open spaces that encourage the community's physical and mental well-being and foster positive values. The organization's high-quality, accessible programs cater to a diverse range of recreational, educational, and community activities, making them available to all.

Moreover, Leroy Springs & Company Inc is committed to preserving and interpreting local history and advocating for environmental stewardship. These initiatives not only contribute to the community's collective knowledge and appreciation of its past but also promote a sustainable future. The organization's primary focus may be on benefiting the residents of Fort Mill Township and Lancaster and Chester counties, but it extends a warm welcome to everyone to partake in its programs and facilities.

By providing an array of opportunities for community engagement and growth, Leroy Springs & Company Inc plays a crucial role in enhancing the lives of its participants. The organization's efforts to improve overall well-being and promote positive values not only create a healthier community but also help cultivate a strong, interconnected social fabric.

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Impact




October, 2024

Leroy Springs & Company Inc. plays a vital role in enhancing the well-being of the local community through its diverse offerings in recreational, educational, and community activities. By operating facilities and open spaces, the organization promotes physical and mental health while fostering positive community values. Its commitment to providing high-quality, affordable programs ensures that everyone, especially residents of Fort Mill Township, Lancaster, and Chester counties, has access to enriching experiences that span various interests.

The Ann Springs Close Greenway exemplifies this impact, boasting an impressive attendance of 317,251 users engaged in a wide range of activities such as hiking, biking, fishing, and community events. This variety not only promotes active lifestyles but also connects people with nature, encouraging environmental stewardship. The organization also serves families through youth programs, including afterschool initiatives and summer camps, nurturing the next generation's development and appreciation for the outdoors.

Moreover, the golf clubs managed by Leroy Springs – Fort Mill, Springfield, Lancaster, and Chester – generate significant participation, with over 170,000 rounds of golf played in 2022 alone. This creates opportunities for leisure and social interaction, contributing to the overall sense of community.

By preserving and interpreting local history while fostering a spirit of togetherness, Leroy Springs & Company Inc. effectively supports the health and resilience of the community, making it a cornerstone of the area's social fabric. Through its initiatives, the organization not only lessens the burdens of government but elevates the quality of life for all visitors and residents alike.




This information is meant to be a general summary of Leroy Springs & Company 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
$20,965,396 (2022)
Expenses
$18,138,289 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,080,767
  • Program Service Revenue: $16,124,539
  • Gross Receipts: $22,273,450

Assets and Liabilities:

  • Total Assets: $103,606,773
  • Total Liabilities: $3,054,974
  • Net Assets: $100,551,799

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Programs

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

Recreation Fees

Revenue

$16,124,539

Organization Details

Founding Year

1938

Principal Officer

John Gordon

Main Address

PO Box 1209, Fort Mill, SC, 29716

NTEE Category

Code: N300 - Recreation

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