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Nonprofit · EIN 54-6026892

LYNCHBURG COVENANT FELLOWSHIP INC

Tax-exempt · LYNCHBURG, VA 24504

Financials

$854K$911K2023$1.1M$948K2024
Revenue Expenses · by fiscal year end
Financials of LYNCHBURG COVENANT FELLOWSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,081,583$948,397$133,186$6,653,646$342,078$6,311,568
December 31, 2023990$854,393$910,686-$56,293$6,507,177$417,514$6,089,663
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$153,801
Program service revenue
$652,025
Investment income
$275,669
Net gain from sales of assets
$150,643
Other revenue
$88

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$142,387
Other salaries and wages
$440,584
Salaries, compensation and benefits (total)
$737,220
Professional fundraising fees
$0
Legal fees
$1,355
Accounting fees
$11,625
Occupancy
$35,412
Travel
$3,424
Depreciation
$49,113
Program services (functional)
$644,215
Management and general (functional)
$233,369
Fundraising (functional)
$70,813

Balance sheet and other

Total assets, start of year
$6,507,177
Total assets, end of year
$6,653,646
Total liabilities, end of year
$342,078
Net assets, end of year
$6,311,568
Land, buildings and equipment
$498,270
Publicly traded securities
$4,210,549
Net assets without donor restrictions
$6,211,568
Net assets with donor restrictions
$100,000
Gross receipts
$1,380,940
Employees
13
Volunteers
15
Year formed
1960
State of legal domicile
VA

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.

NameTitleHours / weekCompensationOther / benefits
Connie SnavelyExecutive Director
Officer
40$116,198$26,188
Tina BarnesDirector
Trustee or director
0.25$0$0
Nathan C Brooks IIIDirector
Trustee or director
0.25$0$0
William R CardwellTreasurer & Director
Trustee or director, Officer
0.25$0$0
Terrell CosbyVice Pres. & Director
Trustee or director, Officer
0.25$0$0
Mike DalyPresident & Director
Trustee or director, Officer
0.25$0$0
Cindy FergusonDirector
Trustee or director
0.25$0$0
Gary E HarveyInterim Pres. & Director
Trustee or director, Officer
0.25$0$0
Angilee W WhiteDirector
Trustee or director
0.25$0$0
Howard ButlerDirector
Trustee or director
0.25$0$0
Joyce FosterSecretary & Director
Trustee or director, Officer
0.25$0$0
Dan HarrisonDirector
Trustee or director
0.25$0$0
Wanda OttDirector
Trustee or director
0.25$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
Connie SnavelyExecutive Director
Officer
40$109,406$24,905
Tina BarnesDirector
Trustee or director
0.25$0$0
Nathan C Brooks IIIDirector
Trustee or director
0.25$0$0
William R CardwellTreasurer & Director
Trustee or director, Officer
0.25$0$0
Terrell CosbyVice Pres. & Director
Trustee or director, Officer
0.25$0$0
Mike DalyPresident & Director
Trustee or director, Officer
0.25$0$0
Ron FeinmanDirector
Trustee or director
0.25$0$0
Gary E HarveyDirector
Trustee or director
0.25$0$0
Angilee W WhiteDirector
Trustee or director
0.25$0$0
Howard ButlerDirector
Trustee or director
0.25$0$0
Joyce FosterSecretary & Director
Trustee or director, Officer
0.25$0$0
Coretha LoughridgeDirector
Trustee or director
0.25$0$0
Dan HarrisonDirector
Trustee or director
0.25$0$0
Wanda OttDirector
Trustee or director
0.25$0$0

Address and contacts

Address (IRS master file)
412 MADISON STREET, LYNCHBURG, VA 24504-2457
Principal officer (990 for 2024)
Connie J Snavely, 412 Madison Street, Lynchburg, VA 24504
Signed the 990
Connie J Snavely, Executive Director
Phone
(434) 847-9059
Return prepared by
Coley Eubank & Company

Mission

Provision of safe and affordable housing.

990 for the year ended December 31, 2024

Program accomplishments

  • Provision of safe and affordable housing for low-income and mentally-handicapped and physically-disabled persons. Individuals served range from 100 to 200.
    Expenses $644,215 · revenue $652,113

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-6026892
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
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,653,646
Income (IRS master file)
$1,380,940

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,081,583$948,397$6,653,646IRS
990December 2023$854,393$910,686$6,507,177XML
990December 2022$780,453$882,876$5,933,388IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

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 54-6026892).

Questions about LYNCHBURG COVENANT FELLOWSHIP INC

What is the EIN of LYNCHBURG COVENANT FELLOWSHIP INC?
The employer identification number (EIN) of LYNCHBURG COVENANT FELLOWSHIP INC is 54-6026892.
Is LYNCHBURG COVENANT FELLOWSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to LYNCHBURG COVENANT FELLOWSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LYNCHBURG COVENANT FELLOWSHIP INC 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 LYNCHBURG COVENANT FELLOWSHIP INC 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 LYNCHBURG COVENANT FELLOWSHIP INC 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 LYNCHBURG COVENANT FELLOWSHIP INC?
The 990 for the year ended December 31, 2024 names Connie J Snavely.
Who are the officers and directors of LYNCHBURG COVENANT FELLOWSHIP INC?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $116,198 (Connie Snavely, Executive Director).
How much revenue does LYNCHBURG COVENANT FELLOWSHIP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,081,583, expenses of $948,397 and total assets of $6,653,646 at year end.

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