Nonprofit · EIN 45-2387075
LOT 2540 INCORPORATED
Tax-exempt · SUMMERFIELD, NC 27358
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $557,540 | $380,781 | $176,759 | $667,244 | $338,216 | $329,028 |
| December 31, 2023 | 990 | $378,448 | $374,326 | $4,122 | $173,124 | $20,855 | $152,269 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $488,607
- Program service revenue
- $61,775
- Investment income
- $657
- Net income from fundraising events
- $3,752
- Other revenue
- $6,501
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $61,075
- Other salaries and wages
- $158,001
- Salaries, compensation and benefits (total)
- $238,346
- Professional fundraising fees
- $0
- Occupancy
- $65,141
- Travel
- $2,768
- Depreciation
- $7,198
- Program services (functional)
- $364,169
- Management and general (functional)
- $16,612
Balance sheet and other
- Total assets, start of year
- $173,124
- Total assets, end of year
- $667,244
- Total liabilities, end of year
- $338,216
- Net assets, end of year
- $329,028
- Land, buildings and equipment
- $589,517
- Net assets without donor restrictions
- $329,028
- Gross receipts
- $557,540
- Employees
- 14
- Year formed
- 2011
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martin Roberts | Executive Dir. Officer | 40 | $61,075 |
| Patricia Settle | Director Trustee or director | 1 | $0 |
| Craig Barnes | Director Trustee or director | 1 | $0 |
| Leanna Lawson | Director Trustee or director | 1 | $0 |
| David Gullotti | Director Trustee or director | 1 | $0 |
| Stephen Hinton | President Trustee or director, Officer | 1 | $0 |
| James Roberts | Secretary Trustee or director, Officer | 1 | $0 |
| Brett Koceja | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martin Roberts | Executive Dir. Officer | 40 | $67,287 |
| Patricia Settle | Director Trustee or director | 1 | $0 |
| Craig Barnes | Director Trustee or director | 1 | $0 |
| Leanna Lawson | Director Trustee or director | 1 | $0 |
| David Gullotti | Director Trustee or director | 1 | $0 |
| Stephen Hinton | President Trustee or director, Officer | 1 | $0 |
| James Roberts | Secretary Trustee or director, Officer | 1 | $0 |
| Brett Koceja | Treasurer Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1521 BROWN RD, SUMMERFIELD, NC 27358-8121
- In care of
- % LOT 2540 INCORPORATED
- Mailing address (990-N for 2012)
- 1521 Brown Rd, Summerfield NC 27358
- Principal officer (990 for 2024)
- Martin Roberts, 1521 Brown Rd, Summerfield, NC 27358
- Principal officer (990-N for 2012)
- Martin Roberts, 1521 Brown Rd, Summerfield NC 27358
- Signed the 990
- Brett Koceja, Treasurer
- Phone
- (336) 312-6971
Mission
To serve the Lord's Church by providing food, shelter, education, and occupational training for those in need in Rockingham County, North Carolina and beyond as the Lord so leads.
Program accomplishments
- To serve the Lord's Church by providing food, shelter, education, and occupational training for those in need in Rockingham County, North Carolina and beyond as the Lord so leads.Expenses $364,169 · revenue $61,775
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2387075
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $667,244
- Income (IRS master file)
- $557,540
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $557,540 | $380,781 | $667,244 | IRS |
| 990 | December 2023 | $378,448 | $374,326 | $173,124 | XML |
| 990 | December 2022 | $340,521 | $322,039 | $166,872 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2012 Officer: Martin Roberts | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2387075).
Questions about LOT 2540 INCORPORATED
- What is the EIN of LOT 2540 INCORPORATED?
- The employer identification number (EIN) of LOT 2540 INCORPORATED is 45-2387075.
- Is LOT 2540 INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to LOT 2540 INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOT 2540 INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOT 2540 INCORPORATED due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOT 2540 INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LOT 2540 INCORPORATED?
- The 990 for the year ended December 31, 2024 names Martin Roberts.
- Who are the officers and directors of LOT 2540 INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $61,075 (Martin Roberts, Executive Dir.).
- How much revenue does LOT 2540 INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $557,540, expenses of $380,781 and total assets of $667,244 at year end.
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