Lot 2540 Incorporated
Lot 2540 Incorporated
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About this organization
Revenue
$224,410
Expenses
$197,606
Mission
L.O.T. 2540 looks to establish a campus to support ministries that promote physical and spiritual healing for families in Rockingham County, NC. The core of the ministry will be comprised of a counseling/prayer center. This area will serve the spiritual needs of those we serve as well as offer incubation space for upstart non-profits whose core mission is in alignment with L.O.T.2540.The core ministries will be supported by a retail space that will include a salvage and recycling store specializing in architectural salvage. The store will not only offer financial support to L.O.T.2540 but will be utilized to facilitate vacational training and leadership training for "in transition" individuals. Other ministries, directed toward those who are struggling economically, will include a "Free Store" (clothing, furnishings, food items, etc.) and a food pantry supported by a community garden.L.O.T.2540 will continue to mentor and support other opportunities to help clients to become self-suppo
About
To serve the Lord's Church by providing food, shelter, education, and occupational training for those in need in Rockingham County, North Carolina and beyond as the Lord so leads.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “To serve the lord's church by providing food, shelter, education, and occupational training for those in need in rockingham county, north carolina and beyond as the lord so leads.”.
When detailing its duties, they were outlined as: “L.o.t. 2540 looks to establish a campus to support ministries that promote physical and spiritual healing for families in rockingham county, nc. the core of the ministry will be comprised of a counseling/prayer center. this area will serve the spiritual needs of those we serve as well as offer incubation space for upstart non-profits whose core mission is in alignment with l.o.t.2540.the core ministries will be supported by a retail space that will include a salvage and recycling store specializing in architectural salvage. the store will not only offer financial support to l.o.t.2540 but will be utilized to facilitate vacational training and leadership training for "in transition" individuals. other ministries, directed toward those who are struggling economically, will include a "free store" (clothing, furnishings, food items, etc.) and a food pantry supported by a community garden.l.o.t.2540 will continue to mentor and support other opportunities to help clients to become self-suppo”.
- The non-profit's reported state of operation is NC as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 1521 Brown Rd, Summerfield, NC, 27358.
- The non-profit's form for the year 2020 reports a total of 12 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $26,804.
- The CEO compensation policy of the organization is not established through an independent review and approval process.
- The organization has 8 independent voting members.
- The organization was formed in 2012.
- The organization has a written policy that addresses conflicts of interest.
- The organization pays $117,604 in salary, compensation, and benefits to its employees.
- The organization pays $146 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has fundraising events.