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Lott Industries Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 344466943 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

Overview

What is Lott Industries Inc?

Lott Industries Inc, a 501(c)3 nonprofit organization based in Toledo, Ohio, has been serving individuals with developmental disabilities since 1956. With a strong commitment to empowering people with various barriers, Lott Industries provides both educational and vocational opportunities, fostering a sense of purpose and meaningful employment. The organization's reach extends beyond its local community, as it caters to business clients nationwide. Lott Industries offers day and vocational habilitation training, providing over 200 area individuals with paid work opportunities. The organization's team consists of 273 dedicated employees, all working together to ensure that everyone within their reach has the chance to contribute meaningfully to society.


Official website here: www.lottserves.org

Is Lott Industries Inc legitimate?

Lott Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lott Industries Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $205,554
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,847,552

For more financial information, click here


Official website here: www.lottserves.org

What is the mission statement of Lott Industries Inc?

Lott Industries Inc., as a non-profit organization, has been committed to offering meaningful educational and vocational opportunities for individuals with developmental disabilities since 1956. With a passion for serving individuals with various barriers, Lott Industries seeks to provide purposeful work to everyone within its reach. The organization serves its customers locally and across the United States, demonstrating its dedication to making a difference in people's lives.


Official website here: www.lottserves.org

Who is the CEO of Lott Industries Inc?

David Gall is the Treasurer of Lott Industries Inc. The CEO's salary of Lott Industries Inc is $94,131 and their total compensation is $113,211.


Official website here: www.lottserves.org

What is the revenue of Lott Industries Inc?

Lott Industries Inc's revenue in 2022 was $4,403,500.


Official website here: www.lottserves.org

Who are the executives of Lott Industries Inc and what are their salaries?

The average compensation at Lott Industries Inc during 2022 was $11,184. There are 273 employees and 50 volunteers at Lott Industries Inc.

Here are 10 key members and their salaries (Lott Industries Inc's CEO's salary is $94,131 and their total compensation is $113,211):

    Tim Menke (Chief Executive Officer)
  • Compensation: $94,131
  • Related: $0
  • Other: $19,080

    • David Gall (Chief Financial Officer)
  • Compensation: $64,474
  • Related: $0
  • Other: $13,669

    • Barbara Dietze (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John O'Neil (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Macmillan (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norman Gansmiller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricardo King (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ling Na (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Sweeney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Spang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lottserves.org

    Where can I find the form 990 for Lott Industries Inc?

    The Lott Industries Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lottserves.org

    Learn more at the official website: www.lottserves.org

    Mission Statement of Lott Industries Inc

    Lott Industries Inc, a 501(C)3 non-profit organization, has been dedicated to providing meaningful educational and vocational opportunities for individuals with developmental disabilities since 1956. With a passion for serving people with various barriers, Lott Industries Inc aims to offer purposeful work to everyone within its reach. The organization serves a wide range of customers, not just locally but throughout the United States. It is committed to its mission of empowering people with developmental disabilities, helping them lead fulfilling lives and contribute to their communities.

    Impact

    This information is meant to be a general summary of Lott Industries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lott Industries Inc has a significant impact on providing meaningful educational and vocational opportunities for people with developmental disabilities since 1956. They offer day and vocation habilitation training as well as paid work opportunities to over 200 individuals in the area. Lott is dedicated to serving individuals with any barrier and aims to provide purposeful work to all those within their reach. Their services extend to business customers locally and across the United States, making a positive impact on the lives of those with developmental disabilities and the community as a whole.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-89,576
  • Program Service Revenue: $4,055,061
  • Gross Receipts: $6,409,866

    • Assets and Liabilities:
  • Total Assets: $8,978,137
  • Total Liabilities: $195,778
  • Net Assets: $8,782,359
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALES

    Revenue

    $2,844,908

    MEDICAID

    Revenue

    $1,210,153

    Organization Details

    Founding Year

    1958

    Principal Officer

    David Gall

    Main Address

    3350 HILL AVE, TOLEDO, OH, 43607

    NTEE Category

    Code: P82 - Human services

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