Lynchburg Residential Services Inc
- Assets
- $284.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 02/1990
- Data as of
- 12/2021
- 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 12/2021, Lynchburg Residential Services Inc generated $97.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $94.1k during the year ending 12/2021. 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
2021
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 |
|---|---|---|---|
Connie J Snavely President & Director | 2 | $93,159 | |
William R Cardwell Vice-President & Director | 1 | $0 | |
Nathan C Brooks III Director | 1 | $0 | |
Joyce Foster Secretary & 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 | $49,284 |
| Total Program Service Revenue | $43,634 |
| Membership dues | $0 |
| Investment income | $102 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,537 |
| Total Revenue | $97,557 |
| 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 | $2,053 |
| Occupancy, rent, utilities, and maintenance | $30,309 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,742 |
| Total expenses | $94,104 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,880 |
| Other assets | $0 |
| Total assets | $284,569 |
| Total liabilities | $387,784 |
| Net assets or fund balances | -$103,215 |
Peer Organizations
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|---|---|---|
Quantum Leap Incorporated Owings Mills, MD | $5,705,327 | $10,590,866 |
Refuge For Women Lexington, KY | $5,442,054 | $5,166,887 |
Lynchburg Covenant Fellowship Inc Lynchburg, VA | $6,606,101 | $1,531,221 |
Eagles Nest Transistional Living Inc Old Hickory, TN | $198,374 | $616,396 |
Northeast Mental Health Housing Inc Memphis, TN | $313,941 | $259,341 |
Shelby Oaks Housing Inc Memphis, TN | $348,849 | $205,780 |
Wesley Murray Meadow Inc Cordova, TN | $1,901,336 | $188,712 |
Genesco Long Term Disability Income Protection Plan Nashville, TN | $1,861,213 | $450,907 |
Volunteers Of America Inc Alexandria, VA | $916,826 | $182,308 |
E G P Inc Huntington, WV | $274,006 | $0 |
Northeast Housing Inc Memphis, TN | $586,268 | $363,265 |
Lynchburg Residential Services Inc Lynchburg, VA | $284,569 | $0 |