Skip to main content

Nonprofit · EIN 20-1457236

LSA MANAGEMENT INC

Also known as A NORTH CAROLINA CORPORATON

Tax-exempt · SALISBURY, NC 28145

Financials

$12.6M$9.8M2022$17.4M$11.6M2023$20.1M$12.4M2024
Revenue Expenses · by fiscal year end
Financials of LSA MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$20,093,084$12,358,733$7,734,351$188,471,432$162,441,823$26,029,609
September 30, 2024990$17,356,656$11,580,896$5,775,760$183,908,414$165,955,565$17,952,849
September 30, 2023990$12,635,263$9,842,021$2,793,242$177,174,886$165,404,367$11,770,519
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$10,650
Program service revenue
$12,362,401
Investment income
$7,636,475
Net gain from sales of assets
$7,098,526
Other revenue
$83,558

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$7,036,355
Salaries, compensation and benefits (total)
$8,103,734
Professional fundraising fees
$0
Legal fees
$60,061
Accounting fees
$9,500
Occupancy
$55,387
Travel
$253,302
Depreciation
$164,942
Program services (functional)
$9,705,751
Management and general (functional)
$2,652,982

Balance sheet and other

Total assets, start of year
$183,908,414
Total assets, end of year
$188,471,432
Total liabilities, end of year
$162,441,823
Net assets, end of year
$26,029,609
Land, buildings and equipment
$535,587
Publicly traded securities
$30,310,149
Net assets without donor restrictions
$25,024,679
Net assets with donor restrictions
$1,004,930
Gross receipts
$20,093,084
Employees
103
Volunteers
18
Year formed
2004
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TED GOINSPRESIDENT/CEO
Trustee or director, Officer
1$430,398$36,615
KIRBY NICKERSONCHIEF FINANCIAL OFFICER
Officer
1$310,130$26,824
KESHA SMITHCHIEF OPERATING OFFICER
Key employee
1$308,014$15,106
COURNEY B JOHNSONVICE PRESIDENT - SENIOR SERVICES
Highest-paid employee
40$243,337$12,708
MARY BETH LEMLYVICE PRESIDENT - TEAMMATE SERVICES
Highest-paid employee
40$194,328$5,845
MYRA GRIFFIEVICE PRESIDENT - CHILD AND FAMILY SERVICES
Highest-paid employee
40$176,905$13,910
MARY LYNN GLIDEWELLCHIEF INFORMATION OFFICER
Highest-paid employee
40$164,350$4,610
HEIDI RIXMANCHIEF DEVELOPMENT OFFICER
Highest-paid employee
40$161,826$4,527
KAREN MADDRYSECRETARY
Officer
1$86,227$8,636
DOUG NELSONCHAIR
Trustee or director
1$0$0
RICHARD HERMANVICE CHAIR
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
Ted GoinsPresident/CEO
Trustee or director, Officer
1$416,053$13,158
Kirby NickersonChief Financial Officer
Officer
1$286,055$15,848
Kesha SmithChief Operating Officer
Key employee
1$280,725$14,715
Courney B JohnsonVIce President - Senior Services
Highest-paid employee
40$210,108$9,531
Mary Beth LemlyVice President - Teammate Services
Highest-paid employee
40$165,646$9,728
Myra GriffieVIce President - Child and Family Services
Highest-paid employee
40$161,802$7,410
Mary Lynn GlidewellIT Director
Highest-paid employee
40$156,478$3,928
Lydia FoyDirector of clinical services
Highest-paid employee
40$148,325$3,563
Karen MaddrySecretary
Officer
1$84,479$10,047
Cary M GrantVice Chair
Trustee or director
1$0$0
Gregory HudginsChair
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
TED GOINS JRCEO/PRESIDENT
Trustee or director, Officer
40$381,871$12,195
KESHA SMITHCHIEF OPERATING OFFICER
Key employee
40$261,157$15,443
KIRBY NICKERSONCHIEF FINANCIAL OFFICER
Officer
40$259,279$15,649
MYRA GRIFFIEVICE PRESIDENT - CHILD AND FAMILY SERVICES
Highest-paid employee
40$169,115$14,073
COURTNEY JOHNSONVICE PRESIDENT - SENIOR SERVICES
Highest-paid employee
40$161,968$10,577
LYDIA FOYDIRECTOR OF CLINICAL SERVICES
Highest-paid employee
40$148,453$8,177
MARY GLIDEWELLIT DIRECTOR
Highest-paid employee
40$152,335$3,660
MARY BETH LEMLYVICE PRESIDENT - TEAMMATE SERVICES
Highest-paid employee
40$150,373$5,618
KAREN MADDRYSECRETARY
Officer
40$81,554$8,083
GREGORY HUDGINSCHAIR
Trustee or director
1$0$0
CARY M GRANTVICE CHAIR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 947, SALISBURY, NC 28145-0947
Principal officer (990 for 2024)
TED GOINS, PO BOX 947, SALISBURY, NC 28145
Signed the 990
TED GOINS, PRESIDENT / CEO
Phone
(704) 637-2870
Return prepared by
FORVIS MAZARS LLP

Mission

SEE SCHEDULE O

990 for the year ended September 30, 2025

Program accomplishments

  • LSA MANAGEMENT, INC. (LSAM) IS AN AFFILIATE OF LUTHERAN SERVICES FOR THE AGING, INC., A SOCIAL MINISTRY OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. LSAM IS RESPONSIBLE FOR PROVIDING ADMINISTRATIVE SUPPORT, FINANCIAL MANAGEMENT, INFORMATION TECHNOLOGY SERVICES, RESOURCE DEVELOPMENT AND VARIOUS SUPPORT SERVICES TO THE AFFILIATE CORPORATIONS THAT MINISTER TO THE AGING, ASSURING QUALITY, CONSISTENCY, AND BEST PRACTICES THROUGHOUT THE ORGANIZATION.
    Expenses $9,705,751 · revenue $12,362,401

What it must file and when

IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
20-1457236
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Exempt since
1988
Accounting year ends
September
Files
Not required (church)
Assets (IRS master file)
$188,471,432
Income (IRS master file)
$20,093,084

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025–––IRS
990September 2024–––IRS
990September 2023$12,635,263$9,842,021$177,174,886IRS
990September 2022$12,830,654$9,532,655$177,107,310IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about LSA MANAGEMENT INC

What is the EIN of LSA MANAGEMENT INC?
The employer identification number (EIN) of LSA MANAGEMENT INC is 20-1457236.
Is LSA MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Which annual return does LSA MANAGEMENT INC file?
Form Not required (church). Churches are not required to file.
When is the next return of LSA MANAGEMENT INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LSA MANAGEMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LSA MANAGEMENT INC?
The 990 for the year ended September 30, 2025 names TED GOINS.
Who are the officers and directors of LSA MANAGEMENT INC?
The 990 for the year ended September 30, 2025 lists 11 people; 9 received compensation from the organization, the highest $430,398 (TED GOINS, PRESIDENT/CEO).
How much revenue does LSA MANAGEMENT INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $20,093,084, expenses of $12,358,733 and total assets of $188,471,432 at year end.

Other nonprofits in SALISBURY

All nonprofits in SALISBURY · North Carolina