Lumbee Land Development Inc
- Assets
- $98.1m
- Revenue
- $50.5m
- Investments
- $0.0
- Employees
- 203
- Location
- Pembroke, NC
- Founding
- 03/2011
- Data as of
- 09/2023
- EIN
- 56-2259380
Organization Overview
Lumbee Land Development Inc is located in Pembroke, NC. The organization was established in 2011. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 09/2023, Lumbee Land Development Inc employed 203 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lumbee Land Development 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 09/2023, Lumbee Land Development Inc generated $50.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $56.4m during the year ending 09/2023. While expenses have increased by 13.4% 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
SEE FORM 990, PAGE 2, PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING - THE LUMBEE TRIBAL HOUSING PROGRAM BEGAN IN OCTOBER 2001 TO PROVIDE LOW-INCOME TRIBAL MEMBERS WITH SAFE, SANITARY, AND DECENT HOUSING. THIS PROGRAM REHABILITATES EXISTING HOMES, REPLACES DILAPIDATED HOMES WITH MOBILE HOMES, RENTAL ASSISTANCE, DOWN PAYMENT ASSISTANCE ON THE PURCHASE OF A HOME, CONSTRUCTION OF A HOME, AND TEMPORARY HOUSING FOR DISPLACED ELIGIBLE MEMBERS. HOUSING CRIME PREVENTION SERVICES ARE PROVIDED THROUGH YOUTH SERVICES FOR SCHOOL-AGE CHILDREN BY ADDRESSING LEADERSHIP SKILLS, CULTURAL SERVICES, AND PATHWAYS TO ADULTHOOD WITH APPROXIMATELY 500 STUDENTS IN ATTENDANCE DAILY.
OTHER GENERAL AND ADMINISTRATIVE EXPENSES
VOCATIONAL REHABILITATION - THE LUMBEE TRIBE PROVIDES SERVICES TO INDIVIDUALS WITH DISABILITIES TO GUIDE THEM IN THE DIRECTION OF GAINFUL EMPLOYMENT. THIS PROGRAM IS FUNDED BY THE DEPARTMENT OF EDUCATION. THESE SERVICES CAN BE IN THE FORM OF HEALTH SERVICES, EDUCATION, PROVIDING NECESSARY JOB TOOLS, AND ON-THE-JOB TRAINING.
ENERGY ASSISTANCE - THE LUMBEE TRIBE HAS AN ENERGY PROGRAM THAT IS FUNDED BY THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. THIS PROGRAM ADDRESSES THE HEATING AND COOLING NEEDS OF LOW-INCOME AMERICAN INDIAN HOUSEHOLDS. THIS PROGRAM SERVICES APPROXIMATELY 6,000 FAMILIES ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Lewery Chairman | OfficerTrustee | 4 | $8,400 |
Sharon Hunt Speaker | OfficerTrustee | 4 | $8,400 |
Billy Oxendine Tribal Council | Trustee | 4 | $8,400 |
Pam Hunt Treasurer | OfficerTrustee | 4 | $8,400 |
Nanci Locklear Tribal Council | Trustee | 4 | $8,225 |
Bobby Emmanuel Tribal Council | Trustee | 4 | $8,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kevin K Jacobs General Contracting Inc Construction Of Homes | 9/29/23 | $4,043,461 |
Oral's Construction Company Inc Construction Of Homes | 9/29/23 | $2,590,260 |
Terry Pate Home Sales Construction Of Homes | 9/29/23 | $2,118,481 |
Woods Construction Group Inc Construction Of Homes | 9/29/23 | $1,508,225 |
Lumber River Quality Builders Construction Of Homes | 9/29/23 | $1,251,630 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,150,051 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,833,938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,983,989 |
| Total Program Service Revenue | $2,874,764 |
| Investment income | $337,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,857 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,533,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,980 |
| Grants and other assistance to domestic individuals. | $29,811,862 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,660,632 |
| Pension plan accruals and contributions | $396,678 |
| Other employee benefits | $1,588,400 |
| Payroll taxes | $930,949 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,480 |
| Fees for services: Accounting | $79,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,553,205 |
| Advertising and promotion | $232,937 |
| Office expenses | $599,513 |
| Information technology | $736,229 |
| Royalties | $0 |
| Occupancy | $358,186 |
| Travel | $552,766 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $306,633 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,922,336 |
| Insurance | $601,554 |
| All other expenses | $903,123 |
| Total functional expenses | $56,435,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,314,926 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,003,188 |
| Accounts receivable, net | $25,638,658 |
| 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 |
| Net Land, buildings, and equipment | $62,903,858 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $235,498 |
| Total assets | $98,096,128 |
| Accounts payable and accrued expenses | $7,064,010 |
| 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 | $8,970,142 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,034,152 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $82,061,976 |
| Total liabilities and net assets/fund balances | $98,096,128 |