Lynchburg Residential Services Inc
- Assets
- $259.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 02/1990
- Data as of
- 12/2022
- EIN
- 54-1511946
Organization Overview
Lynchburg Residential Services Inc is located in Lynchburg, VA. The organization was established in 1990. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lynchburg Residential Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lynchburg Residential Services Inc generated $94.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $98.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES HOUSING AND OTHER SERVICES DESIGNEDTO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OFMENTALLY HANDICAPPED PERSONS. APPROX. 15 PERSONS SERVED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan C Brooks III Director | 1 | $0 | |
William R Cardwell Vice-President & Director | 1 | $0 | |
Joyce Foster Secretary & Director | 1 | $0 | |
Tina Barnes Director | 1 | $0 | |
Terrell Cosby Treasurer & Director | 1 | $0 | |
Will Andrews Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,333 |
| Total Program Service Revenue | $43,836 |
| Membership dues | $0 |
| Investment income | $102 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,873 |
| Total Revenue | $94,144 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,978 |
| Occupancy, rent, utilities, and maintenance | $27,518 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,981 |
| Total expenses | $98,477 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,645 |
| Other assets | $0 |
| Total assets | $258,974 |
| Total liabilities | $366,522 |
| Net assets or fund balances | -$107,548 |