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Nonprofit · EIN 56-0964605

LIONS INDUSTRIES FOR THE BLIND INC

Tax-exempt · KINSTON, NC 28504

Financials

$1M$1.3M2022$1.2M$1.4M2023$1.7M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of LIONS INDUSTRIES FOR THE BLIND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,669,505$1,449,982$219,523$11,514,128$459,186$11,054,942
June 30, 2024990$1,227,488$1,364,202-$136,714$10,871,352$364,197$10,507,155
June 30, 2023990$1,049,236$1,299,091-$249,855$10,455,459$300,773$10,154,686
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,263
Program service revenue
$0
Investment income
$563,255
Net gain from sales of assets
$330,568
Net income from sales of inventory
$1,099,802
Other revenue
$1,099,987

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$105,228
Other salaries and wages
$507,046
Salaries, compensation and benefits (total)
$690,760
Professional fundraising fees
$0
Legal fees
$3,750
Accounting fees
$37,500
Occupancy
$64,343
Travel
$14,180
Depreciation
$184,841
Program services (functional)
$1,025,485
Management and general (functional)
$424,497

Balance sheet and other

Total assets, start of year
$10,871,352
Total assets, end of year
$11,514,128
Total liabilities, end of year
$459,186
Net assets, end of year
$11,054,942
Land, buildings and equipment
$1,544,999
Publicly traded securities
$8,523,412
Net assets without donor restrictions
$11,054,942
Gross receipts
$6,010,262
Employees
81
Volunteers
7

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SHARON AXELBERGEXECUTIVE DI
Officer
40$93,921$1,200
EDDIE CHASEVICE CHAIRMA
Trustee or director, Officer
–$0$0
RICHARD DURHAMTREASURER
Trustee or director, Officer
–$0$0
ANA ELLIOTTDIRECTOR
Trustee or director
–$0$0
GENE GOETZDIRECTOR
Trustee or director
–$0$0
ROBERT GOINSDIRECTOR
Trustee or director
–$0$0
KARL GRANTDIRECTOR
Trustee or director
–$0$0
HORACE HILLDIRECTOR
Trustee or director
–$0$0
RICHARD LANDIS IICHAIRMAN
Trustee or director, Officer
–$0$0
SKIPPY JACKSONDIRECTOR
Trustee or director
–$0$0
BILL MOXLEYDIRECTOR
Trustee or director
–$0$0
MAYRA MCCLOUDDIRECTOR
Trustee or director
–$0$0
DANNY RICEDIRECTOR
Trustee or director
–$0$0
JUSTIN SMITHDIRECTOR
Trustee or director
–$0$0
WYNONNA STROUDDIRECTOR
Trustee or director
–$0$0
4 more people on this return
NameTitleHours / weekCompensation
STANLEY SULLIVANDIRECTOR
Trustee or director
–$0
MIKE TAYLORDIRECTOR
Trustee or director
–$0
JANIS TUCKERSECRETARY
Trustee or director, Officer
–$0
TODD WOOTENDIRECTOR
Trustee or director
–$0
990 for the year ended June 30, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
SHARON AXELBERGEXECUTIVE DI
Officer
40$96,633$1,200
BOB BLOCKDIRECTOR
Trustee or director
–$0$0
TILDEN BURRUSDIRECTOR
Trustee or director
–$0$0
EDDIE CHASEVICE PRESIDE
Trustee or director, Officer
–$0$0
RICHARD DURHAMTREASURER
Trustee or director, Officer
–$0$0
GENE GOETZDIRECTOR
Trustee or director
–$0$0
ROBERT GOINSDIRECTOR
Trustee or director
–$0$0
KARL GRANTDIRECTOR
Trustee or director
–$0$0
HORACE HILLDIRECTOR
Trustee or director
–$0$0
RICHARD LANDIS IICHAIRMAN
Trustee or director, Officer
–$0$0
SKIPPY JACKSONDIRECTOR
Trustee or director
–$0$0
CARLTON METTSDIRECTOR
Trustee or director
–$0$0
BILL MOXLEYVICE PRESIDE
Trustee or director, Officer
–$0$0
MAYRA MCCLOUDDIRECTOR
Trustee or director
–$0$0
DANNY RICETREASURER
Trustee or director, Officer
–$0$0
JUSTIN SMITHDIRECTOR
Trustee or director
–$0$0
WYNONNA STROUDDIRECTOR
Trustee or director
–$0$0
STANLEY SULLIVANDIRECTOR
Trustee or director
–$0$0
MIKE TAYLORDIRECTOR
Trustee or director
–$0$0
JANIS TUCKERSECRETARY
Trustee or director, Officer
–$0$0
TODD WOOTENDIRECTOR
Trustee or director
–$0$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
SHARON AXELBERGEXECUTIVE DI
Officer
40$92,721$1,285
BOB BLOCKDIRECTOR
Trustee or director
–$0$0
TILDEN BURRUSDIRECTOR
Trustee or director
–$0$0
EDDIE CHASEVICE PRESIDE
Trustee or director, Officer
–$0$0
RICHARD DURHAMDIRECTOR
Trustee or director
–$0$0
ROBERT GOINSSECRETARY
Trustee or director, Officer
–$0$0
KARL GRANTDIRECTOR
Trustee or director
–$0$0
HORACE HILLDIRECTOR
Trustee or director
–$0$0
RICHARD LANDIS IIPRESIDENT
Trustee or director, Officer
–$0$0
DEANGELO JACKSONDIRECTOR
Trustee or director
–$0$0
SKIPPY JACKSONDIRECTOR
Trustee or director
–$0$0
CARLTON METTSDIRECTOR
Trustee or director
–$0$0
BILL MOXLEYVICE PRESIDE
Trustee or director, Officer
–$0$0
MAYRA MCCLOUDDIRECTOR
Trustee or director
–$0$0
DANNY RICETREASURER
Trustee or director, Officer
–$0$0
HARRISON SMITHTREASURER
Trustee or director, Officer
–$0$0
JUSTIN SMITHDIRECTOR
Trustee or director
–$0$0
WYNONNA STROUDDIRECTOR
Trustee or director
–$0$0
STANLEY SULLIVANDIRECTOR
Trustee or director
–$0$0
JANIS TUCKERSECRETARY
Trustee or director, Officer
–$0$0

Address and contacts

Address (IRS master file)
4126 BERKLEY AVE, KINSTON, NC 28504-8321
Principal officer (990 for 2024)
SHARON AXELBERG, PO BOX 2001, KINSTON, NC 28502
Signed the 990
SHARON AXELBERG, EXECUTIVE DIRECTOR
Phone
(252) 523-1019
Return prepared by
SITTERSON & WHITFIELD P A

Mission

EMPLOYMENT OF THE BLIND AND VISUALLY IMPAIRED

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDES EMPLOYMENT FOR THE BLIND AND VISUALLY IMPAIRED
    Expenses $1,025,485 · revenue $1,430,370

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-0964605
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J30Z)
Assets (IRS master file)
$11,514,128
Income (IRS master file)
$6,010,262

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,669,505$1,449,982$11,514,128IRS
990June 2024$1,227,488$1,364,202$10,871,352XML
990June 2023$1,049,236$1,299,091$10,455,459XML
990June 2022$1,827,979$1,268,367$10,453,975IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 56-0964605).

Questions about LIONS INDUSTRIES FOR THE BLIND INC

What is the EIN of LIONS INDUSTRIES FOR THE BLIND INC?
The employer identification number (EIN) of LIONS INDUSTRIES FOR THE BLIND INC is 56-0964605.
Is LIONS INDUSTRIES FOR THE BLIND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to LIONS INDUSTRIES FOR THE BLIND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIONS INDUSTRIES FOR THE BLIND 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 LIONS INDUSTRIES FOR THE BLIND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIONS INDUSTRIES FOR THE BLIND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LIONS INDUSTRIES FOR THE BLIND INC?
The 990 for the year ended June 30, 2025 names SHARON AXELBERG.
Who are the officers and directors of LIONS INDUSTRIES FOR THE BLIND INC?
The 990 for the year ended June 30, 2025 lists 19 people; 1 received compensation from the organization, the highest $93,921 (SHARON AXELBERG, EXECUTIVE DI).
How much revenue does LIONS INDUSTRIES FOR THE BLIND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,669,505, expenses of $1,449,982 and total assets of $11,514,128 at year end.

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