Greene Lamp Incorporated
- Assets
- $3.3m
- Revenue
- $10.1m
- Investments
- $0.0
- Employees
- 249
- Location
- Kinston, NC
- Founding
- 03/1966
- Data as of
- 06/2021
- EIN
- 56-0857923
Organization Overview
Greene Lamp Incorporated is located in Kinston, NC. The organization was established in 1966. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Greene Lamp Incorporated employed 249 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greene Lamp Incorporated 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, Greene Lamp Incorporated generated $10.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $10.1m during the year ending 06/2021. While expenses have increased by 18.0% per year over the past 6 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
TO PROVIDE SERVICES TO LOW INCOME FAMILIES AND INDIVIDUALS IN THE GREENE, LENOIR, PITT, AND BEAUFORT COUNTY AREAS THAT SHALL ENHANCE THEIR ABILITY TO BECOME MORE SELF SUFFICIENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START, EARLY HEAD START - PRESCHOOLING FOR QUALIFIED 1-5 YEAR OLDS
OUTREACH
SELF SUFFICIENCY PROJECT (COMMUNITY SERVICE BLOCK GRANT) - JOB TRAINING, EDUCATION, AND COUNSELING FOR ADULTS AGE 18 AND OLDER
VOLUNTEER SERVICES AND WORKFORCE INVESTMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Bates Executive Director | Officer | 40 | $118,766 |
Dina Smith 1st Vice | OfficerTrustee | 1 | $0 |
Linda Sutton Chair | OfficerTrustee | 1.5 | $0 |
Angela Ellis 2nd Vice | OfficerTrustee | 1 | $0 |
Mary Perkins-Williams Secretary | OfficerTrustee | 1 | $0 |
Connie Rhem Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tender Love Child Care Center Inc Child Care | 6/29/21 | $486,480 |
Data Group Technologies Computer Consulting | 6/29/21 | $204,279 |
New Beginning Learning Center Child Care | 6/29/21 | $135,264 |
Capital Group American Funds Investment Profolio Brokerage | 6/29/21 | $133,261 |
Embracing Kids Child Care Center Llc Child Care | 6/29/21 | $102,077 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,565,257 |
| All other contributions, gifts, grants, and similar amounts not included above | $534,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,099,904 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $10,099,904 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $131,678 |
| Compensation of current officers, directors, key employees. | $12,912 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,138,476 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,146,679 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $59,718 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $155,825 |
| Travel | $165,220 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,244 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $171,990 |
| Insurance | $54,568 |
| All other expenses | $636,283 |
| Total functional expenses | $10,126,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,879 |
| Savings and temporary cash investments | $292,817 |
| Pledges and grants receivable | $1,023,887 |
| Accounts receivable, net | $43,524 |
| 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 | $29,159 |
| Net Land, buildings, and equipment | $1,941,736 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,334,002 |
| Accounts payable and accrued expenses | $762,235 |
| 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 | $167,859 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $322,425 |
| Total liabilities | $1,252,519 |
| Net assets without donor restrictions | $1,460,448 |
| Net assets with donor restrictions | $621,035 |
| 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 | $3,334,002 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greene Lamp Incorporated has recieved totaling $101,122.
| Awarding Organization | Amount |
|---|---|
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $101,122 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Development Corporation Inc Memphis, TN | $275,024,548 | $28,566,509 |
Csra Economic Opportunity Authority Inc Augusta, GA | $4,657,645 | $27,091,304 |
Charleston Area Convention & Visitors Bureau Charleston, SC | $17,210,458 | $29,781,081 |
Neighborhood Improvement Project Inc Augusta, GA | $12,770,161 | $24,738,698 |
Action Pact Inc Waycross, GA | $10,194,672 | $25,026,911 |
Upper East Tennessee Human Development Agency Kingsport, TN | $7,143,102 | $23,146,809 |
Hampton Roads Community Action Program Inc Newport News, VA | $4,977,691 | $24,100,051 |
Northwest Tennessee Economic Development Council Dresden, TN | $2,980,191 | $21,895,121 |
Tallatoona Community Action Partnership Inc Cartersville, GA | $2,878,907 | $21,403,724 |
Macon Bibb County Economic Opportunity Council Inc Macon, GA | $9,862,743 | $18,330,804 |
Economic Opportunity For Savannah Chatham County Area Inc Savannah, GA | $8,523,279 | $14,850,530 |
Waccamaw Economic Opportunity Council Inc Conway, SC | $5,439,118 | $14,126,176 |