Lutheran Social Services Of The Virgin Islands Inc
- Assets
- $27.3m
- Revenue
- $21.4m
- Investments
- $5.6m
- Employees
- 158
- Location
- Frederiksted, VI
- Founding
- 08/1963
- Data as of
- 09/2023
- EIN
- 67-0250807
Organization Overview
Lutheran Social Services Of The Virgin Islands Inc is located in Frederiksted, VI. The organization was established in 1963. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 09/2023, Lutheran Social Services Of The Virgin Islands Inc employed 158 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lutheran Social Services Of The Virgin Islands 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, Lutheran Social Services Of The Virgin Islands Inc generated $21.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $6.4m during the year ending 09/2023. 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
EXPRESS CHRISTIAN LOVE AND CARE TO THE COMMUNITY THROUGH SERVICES FOR ABUSED AND NEGLECTED CHILDREN AND CARE AND SUPPORT FOR ADULTS WITH SEVERE DEVELOPMENTAL AND PHYSICAL DISABILITIES AND SUPPORT SERVICES FOR SENIORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUEEN LOUISE HOME FOR CHILDREN IS A RESIDENTIAL FOSTER HOME THAT PROVIDES 24 HOUR CARE FOR ABUSED ABANDONED AND NEGLECTED CHILDREN, ACCESS TO MEDICAL SUPPORT, COUNSELING, EDUCATIONAL SERVICES, AND RECREATIONAL AND OTHER SERVICES TO SUPPORT EACH CHILD'S DEVELOMENTAL NEEDS.
OTHER PROGAMS-OTHER GROUP HOMES FOR DISABLED CHILDREN AND ADULTS.
SISTER EMMA'S COTTAGE-A 24 HOUR RESIDENTAL FOSTER CARE PROGRM THAT PROVIDES FOR CHILDREN WITH SEVER PHYSICAL AND DEVELOPMENTAL DISABILITIES AND SPECIAL NEEDS. THE PROGRAM ALSO PROVIDES SUPPORT SERVICES, PHYSICAL THERAPY, EDUCATION SERVICES, RECREATIONAL AND OTHER SERVICES.
EARLY HEAD START PROGRAM SERVES 120 FAMILIES BOTH IN CENTER AND HOME BASED PROGRAMS. THE PROGRAM IS DESIGNED SPECIFICALLY TO SERVE AT-RISK FAMILIES WITH CHILDREN FROM BIRTH TO AGE THREE. OUR PROGRAM HAS THREE SEGMENTS: PREGNANT WOMEN WHICH FOCUSES ON PROVIDING SUPPORT SERVICES TO PREGNANT WOMEN; HOME BASED WHICH FOCUSES ON ENCOURAGING AND SUPPORTING A CHILD DEVELOPMENTAT HOME; AND CENTER BASED WHICH OPERATES CLASSROOMS THAT ARE DEVELOPMENTALLY APPROPRIATE FOR CHILDREN FROM BIRTH TO THREE YEARS OLD. THE PROGRAM REQUIRES THAT 10% OF THE SLOTS BE AVAILABLE TO CHILDREN WITH DISABILITIES. THE ORGANIZATION ALSO RECEIVED A DISASTER ASSISTANCE GRANT TO CONSTRUCT A NEW EHS CLASSROOM BUILDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deepak Bansal Treasurer | OfficerTrustee | 1 | $0 |
Vera A Baquet Board Member | Trustee | 0.3 | $0 |
Ian Bass Board Member | Trustee | 0.3 | $0 |
Danielle Cranston Board Member | Trustee | 0.3 | $0 |
Paula N Edwards Board Member | Trustee | 0.3 | $0 |
Gregory N Mcewen ESQ Board Member | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
J Benton Construction Llc Construction | 9/29/23 | $2,501,503 |
Playgrounds Llc Playground | 9/29/23 | $156,846 |
Lakeshore Learning Materials Llc Supplies | 9/29/23 | $173,544 |
Leather Vi-ttz Llc Equipment/maint | 9/29/23 | $141,786 |
Rooftops Repairs | 9/29/23 | $126,320 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,875 |
| Related organizations | $0 |
| Government grants | $20,421,672 |
| All other contributions, gifts, grants, and similar amounts not included above | $554,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,980,247 |
| Total Program Service Revenue | $282,184 |
| Investment income | $184,772 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$34,955 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,412,248 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,674,510 |
| Pension plan accruals and contributions | $59,363 |
| Other employee benefits | $561,726 |
| Payroll taxes | $335,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,652 |
| Fees for services: Accounting | $15,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,001 |
| Advertising and promotion | $3,522 |
| Office expenses | $160,026 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $472,715 |
| Travel | $15,163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $577 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $183,951 |
| Insurance | $245,075 |
| All other expenses | $77,123 |
| Total functional expenses | $6,429,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,441,131 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,015,534 |
| Accounts receivable, net | $2,190 |
| 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 | $708,250 |
| Net Land, buildings, and equipment | $17,600,736 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,553,715 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,350 |
| Total assets | $27,324,906 |
| Accounts payable and accrued expenses | $325,344 |
| Grants payable | $0 |
| Deferred revenue | $52,927 |
| 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 | $227,584 |
| Total liabilities | $605,855 |
| Net assets without donor restrictions | $23,854,917 |
| Net assets with donor restrictions | $2,864,134 |
| 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 | $27,324,906 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Thomas East End Medical Center Corporation St Thomas, VI | $1,609,668 | $8,773,440 |
Antilles School Inc St Thomas, VI | $13,255,035 | $9,370,465 |
Lutheran Social Services Of The Virgin Islands Inc Frederiksted, VI | $27,324,906 | $21,412,248 |
Virgin Islands Montessori School Inc St Thomas, VI | $10,780,530 | $3,983,026 |
Good Hope Country Day School Inc Kingshill, VI | $5,588,655 | $4,879,937 |
The Foundation For Te College Of The Virgin Islands Inc St Thomas, VI | $54,434,719 | $3,561,167 |
Meeting The Needs Of Our Community Inc St Thomas, VI | $1,027,856 | $4,465,565 |
Community Foundation Of The Virgin Islands Inc St Thomas, VI | $14,923,448 | $4,268,383 |
Gifft Hill School Inc St John, VI | $7,446,421 | $3,215,239 |
Legal Services Of The Virgin Islands Inc St Croix, VI | $6,717,341 | $3,600,989 |