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LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA
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LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA
Burlington, NC, US
•
501(c)3
•
EIN
56-1270984
•
WWW.TWINLAKESCOMM.ORG
•
Single Organization Support
LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA
Sign up to claim this org
Burlington, NC, US
•
501(c)3
•
EIN
56-1270984
•
WWW.TWINLAKESCOMM.ORG
•
Single Organization Support
Overview
Programs
990s
Income Statement
Balance Sheet
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Financials
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Grants Received
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Balance Sheet
Fiscal Year Start:
Oct 1
Assets in
2024
(Year End)
$254,332,180
Property, Plant, & Equipment (net)
75%
Cash & Equivalents
9%
Investments
9%
Receivables (Non-Related)
5%
Other Assets
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in
2024
(Year End)
$184,332,172
Tax-Exempt Bond Liabilities
61%
Deferred Revenue
35%
Payables & Accruals
4%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$21,772,168
$23,668,589
+9%
Receivables (Non-Related)
$6,880,724
$13,142,694
+91%
Related-Party Receivables
-
-
-
Inventories
$369,027
$447,929
+21%
Prepaid Expenses
$41,719
$265,862
+537%
Investments
$20,266,496
$23,628,692
+17%
Property, Plant, & Equipment (net)
$158,729,938
$191,714,887
+21%
Other Assets
$4,290,481
$1,463,527
-66%
Total Assets
$212,350,553
$254,332,180
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$7,236,082
$7,602,440
+5%
Grants Payable
-
-
-
Deferred Revenue
$64,418,522
$64,090,468
-1%
Tax-Exempt Bond Liabilities
$74,747,348
$112,639,264
+51%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$146,401,952
$184,332,172
+26%
Net assets
2023
2024
Change
Restricted Net Assets
$4,794,634
$5,533,097
+15%
Unrestricted Net Assets
$61,153,967
$64,466,911
+5%
Net assets
2023
2024
Change
Net assets
+$65,948,601
+$70,000,008
+6%
Balance Sheet