Lgbt Life Center
- Assets
- $5.8m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 103
- Location
- Norfolk, VA
- Founding
- 09/1991
- Data as of
- 06/2023
- EIN
- 54-1545157
Organization Overview
Lgbt Life Center, operating under the name Access Aids Care, is located in Norfolk, VA. The organization was established in 1991. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, Access Aids Care employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Access Aids Care 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 06/2023, Access Aids Care generated $10.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $10.8m during the year ending 06/2023. While expenses have increased by 9.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LGBT LIFE CENTER IS A TRUSTED LEADER THAT EMPOWERS THE LGBTQ COMMUNITIES AND ALL PEOPLE AFFECTED BY HIV THROUGH IMPROVING HEALTH AND WELLNESS, STRENGTHENING FAMILIES AND COMMUNITIES, AND PROVIDING TRANSFORMATIVE EDUCATION AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICES INCLUDE MEDICAL CASE MANAGEMENT, TRANSPORTATION, PERMANENT SUPPORTIVE HOUSING, RENTAL AND UTILITY ASSISTANCE, HIV TESTING, HIV PREVENTION AND EDUCATION, MEALS PROGRAM, OUTREACH, MEDICATION AND BENEFIT ASSISTANCE, ADHERENCE SUPPORT AND YOUTH SERVICES FOR PERSONS WHO ARE LGBTQ AND PERSONS WITH HIV/AIDS.
THE 340B PHARMACY PROGRAM IS A FEDERAL PHARMACY PROGRAM WITHIN THE OFFICE OF PHARMACY AFFAIRS AT HRSA. THE ORGANIZATION IS A "COVERED ENTITY" WITHIN THIS PROGRAM AND THEREFORE ELIGIBLE TO PURCHASE HIV MEDIATIONS AND STI/PREP MEDICATIONS AT REDUCED PRICES FROM WHOLESALE MANUFACTURERS. THE ORGANIZATION CONTRACTS WITH MULTIPLE CONTRACT PHARMACIES TO DISPENSE MEDICATIONS TO ELIGIBLE CLIENTS PARTICIPATING IN THE PROGRAM. THE 340B PROGRAM SERVES AS A MEDICATION COMPLIANCE PROGRAM FOR MEDICAL CASE MANAGERS TO MONITOR MEDICATION UTILIZATION AND STI TREATMENT FOR ELIGIBLE PATIENTS. ALL PATIENTS ARE EITHER ENROLLED IN MEDICAL CASE MANAGEMENT OR CARE NAVIGATION SERVICES. THE PROGRAM REVENUE IS UTILIZED TO SUPPORT THE INFRASTRUCTURE AND PROGRAMS OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Stafford Chair | OfficerTrustee | 1 | $0 |
Virginia Penny Sanchez Treasurer | OfficerTrustee | 1 | $0 |
Charles Kirtland Former Chair | OfficerTrustee | 1 | $0 |
Ken Nelms Director | Trustee | 1 | $0 |
Troye Levin Director | Trustee | 1 | $0 |
Andrew Moskowicz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $817 |
| Membership dues | $0 |
| Fundraising events | $92,358 |
| Related organizations | $0 |
| Government grants | $5,661,013 |
| All other contributions, gifts, grants, and similar amounts not included above | $301,781 |
| Noncash contributions included in lines 1a–1f | $44,865 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,055,969 |
| Total Program Service Revenue | $4,298,728 |
| Investment income | $1,019 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,671 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,364,387 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,652,490 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $212,578 |
| Compensation of current officers, directors, key employees. | $98,274 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,939,982 |
| Pension plan accruals and contributions | $43,262 |
| Other employee benefits | $390,841 |
| Payroll taxes | $216,486 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,324 |
| Fees for services: Accounting | $238,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $294,656 |
| Advertising and promotion | $58,166 |
| Office expenses | $20,486 |
| Information technology | $121,319 |
| Royalties | $0 |
| Occupancy | $318,718 |
| Travel | $127,916 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59,082 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,859 |
| Insurance | $53,852 |
| All other expenses | $0 |
| Total functional expenses | $10,756,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $873,794 |
| Savings and temporary cash investments | $396,238 |
| Pledges and grants receivable | $1,525,874 |
| 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 | $129,761 |
| Net Land, buildings, and equipment | $791,880 |
| Investments—publicly traded securities | $848,080 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,256,454 |
| Total assets | $5,822,081 |
| Accounts payable and accrued expenses | $681,311 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $973,994 |
| Other liabilities | $1,965,640 |
| Total liabilities | $3,620,945 |
| Net assets without donor restrictions | $2,101,136 |
| Net assets with donor restrictions | $100,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,822,081 |