2025-07-11T08:59:14-05:00 2024-12-31 PESTA FINNIE & ASSOCIATES LLP 6826 CARNEGIE BLVD CHARLOTTE NC 28211 990 2024-01-01 824662347 THE LOTUS CAMPAIGN % BETH SILVERMAN LOTU 7043243330 PO Box 29097 charlotte NC 28229 Beth Silverman Exec. Director 7043243330 2025-06-27 true true Alexander Preston P02394252 7043641829 2024 2025-03-06 01:10:19Z X Beth Silverman PO Box 29097 charlotte NC 28229 1196987 false X http://lotuscampaign.org/ X 2018 NC Lotus Campaign's mission is to unlock stable housing for people experiencing homelessness. See more detail on schedule O. 7 7 7 -7823 0 721490 1216183 0 0 -510 -20134 3448 938 724428 1196987 0 0 0 0 409485 658485 0 0 218614 509764 485859 919249 1144344 -194821 52643 515723 565764 9041 6439 506682 559325 LOTUS CAMPAIGN'S MISSION IS TO UNLOCK STABLE HOUSING FOR PEOPLE EXPERIENCING HOMELESSNESS. THE LOTUS CAMPAIGN UNITES REAL ESTATE LEADERS, LANDLORDS, SERVICE PROVIDERS AND PHILANTHROPISTS TO DRAMATICALLY REDUCE HOMELESSNESS. WE ENGAGE THE PRIVATE SECTOR TO SOLVE THE SUPPOSEDLY "UNSOLVABLE" EPIDEMIC OF HOMELESSNESS AND DEPLOY PHILANTHROPY TO OPEN ACCESS TO MARKET-RATE, MIXED-INCOME HOUSING WITHOUT GOVERNMENT FUNDS OR SUPPORT. OUR UNPRECEDENTED APPROACH HAS A 96% SUCCESS RATE THAT COMMUNITIES EVERYWHERE CAN REPLICATE AND SCALE. FOR MORE INFORMATION PLEASE VISIT LOTUS CAMPAIGN AT LOTUSCAMPAIGN.ORG. false false 866753 Funds contributed to sponsoring organizations and participating landlords to assist with housing people experiencing homelessness. Since launching in 2018, Lotus Campaign has facilitated housing for more than 600 individuals and families. Additionally, 94% of Lotus graduates secured housing on their own within two years of entering our program. 358 individuals have moved on to independent housing after support from Lotus Campaign's Landlord Participation Program. Lotus has also sponsored 273 lease renewals supporting individuals and families as they continue to renew their leases as part of Lotus's programs. 866753 true true false false false false false false false false false false false true false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true X 0 0 7 true true true false false false false false false false false false false false false false false false false false X 7 7 false false false false false false false true false false true true true true true false true false true true NC X BETH SILVERMAN 7043243330 PO BOX 29097 Charlotte NC 28229 BETH SILVERMAN Executive Director 40.0 0.0 X 160730 0 0 Holly Calvasina DIRECTOR OF Development 40.0 0.0 X 123930 0 0 Julie Paul Program Director 40.0 0.0 X 107084 0 0 Geoffrey Brooks Program Director 40.0 0.0 X 55155 0 0 PHILIP PAYNE PRESIDENT 40.0 0.0 X X 0 0 0 MOLLY MCCABE BOARD MEMBER 5.0 0.0 X X 0 0 0 Sylvia Kwan BOARD MEMBER 1.0 0.0 X 0 0 0 JERALYN GERBA BOARD MEMBER 1.0 0.0 X 0 0 0 KEITH HARRIS BOARD MEMBER 1.0 0.0 X 0 0 0 ROB BERGDOLT BOARD MEMBER 1.0 0.0 X 0 0 0 Maureen Boyer BOARD MEMBER 1.0 0.0 X 0 0 0 446899 0 0 3 false true false 0 1216183 1216183 0 -20134 -7823 -12311 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 938 938 1196987 -7823 -12311 0 0 0 0 446899 342605 15994 88300 0 129180 99033 4623 25524 0 41546 31850 1487 8209 40860 31325 1462 8073 0 0 0 0 0 0 68563 42688 25875 159334 135434 23900 0 0 0 36130 27698 1293 7139 39746 20503 621 18622 0 0 0 0 0 0 OFFICE EXPENSES 22394 16076 2643 3675 LICENSES 3370 1228 1825 317 BANK FEES 0 PROGRAM EXPENSE FOR HOUSING 68581 68581 87741 49732 3154 34855 1144344 866753 58977 218614 378103 416123 0 0 65000 76722 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20000 18000 52620 54919 515723 565764 9041 6439 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9041 6439 X 466682 529325 40000 30000 506682 559325 515723 565764 52643 X false true X false X 295846 514492 1202071 721490 1216183 3950082 0 0 295846 514492 1202071 721490 1216183 3950082 0 3950082 0 0 0 3950082 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED INVESTMENT IN SHARONS CROSSING 26510 OTHER DEPOSITS 500 INVESTMENT IN GINKGO OP LP 27909 54919 1219688 1219688 -22701 -22701 1196987 1144344 1144344 1144344 K1 Losses Losses related to lower-tier partnership investments. BETH SILVERMAN Executive Director 150730 10000 160730 PART VI, SECTION B, QUESTION 11 Form 990 is provided to the board members and available to others upon request. PART VI, SECTION B, QUESTION 12 The company has an HR handbook to address conflicts of interest and other policies. It has be provided to the board, the current employees, and will be provided to future employees. PART VI, SECTION C, QUESTION 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Part VI, Section B, Question 15a Lotus Campaign board members are required to be good stewards of Lotus Campaign's assets and give appropriate financial oversight, approve the annual budget, ensure there are proper financial controls, and are accountable for its program and finances to all of its stakeholders. Additionally, board members ensure adherence to legal standards and ethical norms, including staying current with the organization's by-laws and complying with Lotus Campaign's Conflict of Interest Policy. The Board is responsible for selecting, advising, evaluating, setting compensation for and, if need be, replacing the Executive Director of Lotus Campaign. Additionally, the Board is responsible for establishing succession plans for the Executive Director and leadership team. Board members work to support the development of and appropriate compensation for the executive and leadership team members as they seek to best manage the organization and create a culture of success and impact.