NonprofitsLot 2540 Incorporated

Public Foundations

Lot 2540 Incorporated

SUMMERFIELD, NC

Total revenue

$558K

Total expenses

$381K

Net assets

$329K

Grants received

$3.8M

14 grants

EIN

452387075

Tax year

2024

Mission

L.O.T. 2540 supports ministries that promote physical and spiritual healing for families in Rockingham County, NC. The core of the ministry is comprised of counseling/prayer services to the community to serve their spiritual needs.The core ministries are supported by a retail space that includes a salvage and recycling store. The store not only offers financial support to L.O.T. 2540 but is also utilized to facilitate vocational training and leadership training for "in transition" individuals. Other ministries, directed toward those who are struggling economically, include a "Free Store" (clothing, furnishings, food items, etc.) and a food pantry supported by food donations and purchases.L.O.T. 2540 continues to mentor and support other opportunities to help clients to become self-supporting.

Financials

FY 2024

Revenue

Contributions & grants$489K
Program service revenue$62K
Investment income$657
Other revenue$7K
Total revenue$558K

Expenses

Grants paid
Salaries & benefits$238K
Fundraising
Other expenses$142K
Total expenses$381K
Total assets$667K
Net assets$329K

People

8 listed

NameRoleCompensation

Martin Roberts

Executive Dir.

Board

$61K

40 hrs/wk

Patricia Settle

Director

Board

1 hrs/wk

Craig Barnes

Director

Board

1 hrs/wk

Leanna Lawson

Director

Board

1 hrs/wk

David Gullotti

Director

Board

1 hrs/wk

Stephen Hinton

President

Board

1 hrs/wk

James Roberts

Secretary

Board

1 hrs/wk

Brett Koceja

Treasurer

Board

1 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$129K
Food Distribution Assistance Program
2024
$3K
CHRISTIAN BASED FOOD SERVICES
2024
$790K
FEEDING THE POOR AND
2023
$744K
FEEDING THE POOR AND
2022
$120
EMPLOYEE MATCHING GIFT DONATION
2022
$679K
FEEDING THE POOR AND
2021
$654K
FEEDING THE POOR AND NEEDY
2020
$1K
COMMUNITY SUPPORT
2020
$910
EMPLOYEE MATCHING GIFTS
2020
$197
GENERAL SUPPORT
2020
$464K
FEEDING THE POOR AND NEEDY
2019
$294K
FEEDING THE POOR AND NEEDY
2017

Funded by

$3.8M from 7 funders · 14 grants · 2017–2024

Second Harvest Food Bank

$3.6M · 6 grants · 2017–2023

The Golden Leaf Inc

$129K · 1 grant · 2024

American Online Giving Foundation Inc

$11K · 2 grants · 2023–2024

Pipestone Give Inc

$3K · 1 grant · 2024

Duke Energy Foundation

$1K · 2 grants · 2020–2022

Frankenmuth Insurance Foundation

$1K · 1 grant · 2020

Analog Devices Foundation

$197 · 1 grant · 2020

Details

EIN452387075
NTEE codeT30
Subsection03
Ruling date2012-04
Formed2011
Employees14
LOT 2540 INCORPORATED — Mission, Financials & Grants Received | Grantivo