Life Plan Trust Incorporated
- Assets
- $775.4k
- Revenue
- $588.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Apex, NC
- Founding
- 06/1991
- Data as of
- 06/2022
- EIN
- 58-1928259
Organization Overview
Life Plan Trust Incorporated is located in Apex, NC. The organization was established in 1991. As of 06/2022, Life Plan Trust Incorporated employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Plan Trust 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 06/2022, Life Plan Trust Incorporated generated $588.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $350.4k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND OPERATE A SERVICE PROGRAM TO PROVIDE FINANCIAL MANAGEMENT AND PERSONAL ADVOCACY SERVICES TO FAMILIES OF PERSONS WITH SEVERE AND PERSISTENT MENTAL ILLNESS AND/OR DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL MANAGEMENT AND PERSONAL ADVOCACY SERVICES TO FAMILIES AND INDIVIDUALS WITH SEVERE AND PERSISTENT MENTAL ILLNESS AND/OR DEVELOPMENTAL DISABILITIES. PROVIDED CONTINUING LEGAL EDUCATION TO NORTH CAROLINA ATTORNEYS ON SERVICING THE LEGAL NEEDS AND FUTURE FINANCIAL NEEDS OF FAMILIES AND INDIVIDUALS WITH SEVERE AND PERSISTENT MENTAL ILLNESS AND/OR DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janita Moody Executive Dir. | Officer | 40 | $81,702 |
Deb Smith Treasurer | OfficerTrustee | 5 | $0 |
Jayne Tipton President | OfficerTrustee | 5 | $0 |
Gail Till Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $395,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,206 |
| Total Program Service Revenue | $191,577 |
| Investment income | $13,873 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,014 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $588,642 |
| 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. | $104,934 |
| Compensation of current officers, directors, key employees. | $9,444 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $149,489 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,399 |
| Payroll taxes | $17,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,205 |
| Advertising and promotion | $0 |
| Office expenses | $14,715 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,198 |
| Travel | $8,869 |
| 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 | $0 |
| Insurance | $3,751 |
| All other expenses | $0 |
| Total functional expenses | $350,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,444 |
| Savings and temporary cash investments | $101,493 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $996 |
| 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 | $4,199 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $591,228 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $775,360 |
| Accounts payable and accrued expenses | $37,875 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,875 |
| Net assets without donor restrictions | $737,485 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $775,360 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Life Plan Trust Incorporated has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhnfp Healthcare Inc Atlanta, GA | $223,126,263 | $90,563,041 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Chi St Vincent Medical Group Hot Springs Hot Springs, AR | $30,299,608 | $78,876,296 |
Saint Thomas Regional Hospitals St Louis, MO | $62,019,572 | $112,890,582 |
Health Services Of Central Georgia Inc Macon, GA | $8,366,432 | $97,526,372 |
Phoebe Sumter Medical Center Inc Americus, GA | $158,309,975 | $104,741,740 |
Dci Donor Services Inc Nashville, TN | $105,092,079 | $104,977,824 |
Bon Secours - St Francis Medical Center Inc Center Inc Richmond, VA | $0 | $100,867,544 |
Alexian Brothers Specialty Group St Louis, MO | $16,215,416 | $50,311,063 |
Health Systems Facilities Inc Gray, GA | $11,137,362 | $87,801,207 |
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |