Lifelong Learning Institute In Chesterfield County Virginia Inc is located in Midlothian, VA. The organization was established in 2006. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifelong Learning Institute In Chesterfield County Virginia 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 06/2021, Lifelong Learning Institute In Chesterfield County Virginia Inc generated $252.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $226.0k during the year ending 06/2021. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A CURRICULUM OF INTELLECTUALLY STIMULATING LEARNING OPPORTUNITIES AND SPECIAL ACTIVITIES FOR PERSONS FIFTY (50) YEARS OF AGE OR OLDER
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ADULT EDUCATION CLASSES IN ARTS AND SCIENCES,COMPUTERS, BUSINESS AND INVESTMENTS. IN FISCAL YEAR 2021, THERE WERE 616 PAID MEMBERSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Lemza President | OfficerTrustee | 1 | $0 |
Bud Martindale Vice-Preside | OfficerTrustee | 1 | $0 |
Steve Kunnmann Treasurer | OfficerTrustee | 1 | $0 |
Lewis Levi Secretary | OfficerTrustee | 1 | $0 |
Rachel Ramirez Executive Di | Officer | 40 | $0 |
James Davidson Jr Ex-Officio | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $125,870 |
Investment income | $1,403 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $252,573 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $94,903 |
Fees for services: Legal | $5,635 |
Fees for services: Accounting | $4,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $71,881 |
Advertising and promotion | $0 |
Office expenses | $1,060 |
Information technology | $4,886 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,321 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $225,997 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $94,998 |
Savings and temporary cash investments | $6,046 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $129,228 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $655,248 |
Accounts payable and accrued expenses | $41,237 |
Grants payable | $0 |
Deferred revenue | $44,573 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $85,810 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $569,438 |
Over the last fiscal year, we have identified 2 grants that Lifelong Learning Institute In Chesterfield County Virginia Inc has recieved totaling $13,500.
Awarding Organization | Amount |
---|---|
Whitfield Foundation Midlothian, VA PURPOSE: GENERAL SUPPORT | $12,500 |
Micawber Foundation Inc Midlothian, VA PURPOSE: GENERAL SUPPORT | $1,000 |
Beg. Balance | $111,305 |
Earnings | $17,923 |
Ending Balance | $129,228 |
Organization Name | Assets | Revenue |
---|---|---|
Medassist Of Mecklenburg Charlotte, NC | $10,618,612 | $72,421,883 |
Center For Workforce Inclusion Inc Silver Spring, MD | $19,940,028 | $57,138,753 |
National Caucus And Center On Black Aging Inc Washington, DC | $2,283,957 | $29,565,598 |
National Investment Center For Seniors Housing & Care Inc Annapolis, MD | $55,654,799 | $19,355,581 |
Bay Aging Urbanna, VA | $23,060,386 | $20,939,151 |
Southwestern Community Action Council Inc Huntington, WV | $3,442,684 | $16,539,322 |
Mountain Empire Older Citizens Inc Big Stone Gap, VA | $8,808,055 | $17,898,946 |
Wellmont Wexford House Johnson City, TN | $11,769,586 | $11,612,147 |
Central West Virginia Aging Services Inc Buckhannon, WV | $10,635,053 | $17,319,473 |
Appalachian Agency For Senior Citizens Cedar Bluff, VA | $13,226,617 | $17,944,269 |
Wvsc Metro Area Agency On Aging Inc Dunbar, WV | $2,022,123 | $10,856,707 |
The 60 Plus Association Inc Alexandria, VA | $451,230 | $11,797,770 |