2026-04-13T07:39:08+00:00 2025-06-30 440160260 Forvis Mazars LLP One Oak Plaza Suite 300 Asheville NC 28801 990 2024-07-01 560686307 L C Industries Inc LCIN 9195968277 4500 EMPEROR BOULEVARD DURHAM NC 27703 PATRICK LINDSEY President 9195968277 2026-04-13 true true Amy Bibby P00445891 8282542254 2026-04-13 2024 2025-03-06 01:10:19Z PATRICK LINDSEY 4500 EMPEROR BOULEVARD DURHAM NC 27703 450360024 false X WWW.LCINDUSTRIES.COM X 1958 NC TO EMPLOY AND TEACH THE VISUALLY IMPAIRED. 7 6 933 0 0 112248 112248 347867051 394370936 6264029 8705909 4956429 4867895 359199757 408056988 1756422 2810320 0 0 50094374 50944340 0 0 0 290830297 329112610 342681093 382867270 16518664 25189718 237338924 267889557 40864032 46224947 196474892 221664610 THE ORGANIZATION'S MISSION IS TO PROVIDE MEANINGFUL EMPLOYMENT FOR those who are blind and visually impaired. false false 363181294 2810320 399200540 THE ORGANIZATION EMPLOYED VISUALLY IMPAIRED INDIVIDIUALS WHO MANUFACTURED MATTRESSES, MATTRESS COVERS, FILE FOLDERS, WALLET ENVELOPES, MOPS, WATER CANS, PAPER PRODUCTS AND OTHER PLASTICS. THE ORGANIZATION ALSO OPERATED RETAIL STORES THAT SELL BLIND-MADE PRODUCTS. THE ORGANIZATION'S DIRECT BLIND WORKFORCE AT 6/30/25 CONSISTED OF 207 INDIVIDUALS. 363181294 true true false true false false false false false false true false false false true false false false false true true false false false false false false true false true false false false false false false false false false false true false false false false true true true false false true 94 0 true 933 true false false false false false false false false false false true false X 7 6 false false false false false false false true true false false false true true false false true true true true false false CA GA X PATRICK LINDSEY 9195968277 4500 EMPEROR BLVD DURHAM NC 27703 Richard Hutson Chair 5.0 0.0 X X 0 0 0 William Hudson Treasurer/Secretary 40.0 5.0 X X 485556 0 0 Ben Thompson Board Member 5.0 0.0 X 0 0 0 Gene Lewis Board Member 5.0 0.0 X 0 0 0 Jim Holmes Board Member 5.0 0.0 X 0 0 0 Joe Lee III Board Member 5.0 0.0 X 0 0 0 Justin Wright Board Member 5.0 0.0 X 0 0 0 Thom White Board Member 5.0 0.0 X 0 0 0 DuWayne T Gilbertson Chief Revenue Officer 40.0 0.0 X 312011 0 38680 Marisa O Chrismon Chief Human Resources Officer 40.0 0.0 X 333859 0 32529 Patrick K Lindsey President/ CEO 40.0 5.0 X 1167567 0 21287 Paige H Goss Vice President of Finance 40.0 0.0 X 214940 0 22000 Scott M Schrantz Senior Vice President of Operations 40.0 0.0 X 255217 0 28937 Andro P Czuczuk Director, Purchasing 40.0 0.0 X 193267 0 33977 Grace Baier-Green Director, Sales 40.0 0.0 X 183590 0 15881 John G Samuel Director of ABLR 40.0 0.0 X 175121 0 5414 Michael Iannelli Director, Sales & Marketing 40.0 0.0 X 175121 0 20606 Michael W Grafton Manager Product Development 40.0 0.0 X 161188 0 6103 3657437 0 225414 46 false true false Tiger Technologies 11877 Douglas Road Suite 102-326 Alpharetta GA 30005 Software Support 645658 Stealth Partners 18700 N Hayden Rd Suite 405 Scottsdale AZ 85255 Stop loss insurance - health 551349 William Hudson 30600 N Pima Road Lot 96 Scottsdale AZ 85266 consulting 485556 MCA Connect 10497 Town Country Way Ste 950 Houston TX 77024 Software Support 244247 Manhattan Associates 10th Floor USA 2300 Windy Ridge Pk Atlanta GA 30339 Software Support 223172 8 112248 112248 112248 Sales Revenue 900099 394370936 394370936 0 0 0 0 394370936 4765941 4765941 38291 38291 0 38291 38291 46243004 42303036 3939968 0 3939968 3939968 SERVICE INCOME 561499 2016627 2016627 MANAGEMENT FEE INCOME 541610 1440620 1440620 REBATES 900099 663210 663210 709147 709147 0 0 4829604 408056988 399200540 0 8744200 2810320 2810320 2414852 2414852 36697922 28030606 8667316 4590214 3586768 1003446 4460717 4460717 2780635 2166524 614111 67698 10835 56863 105000 105000 323255 323255 6355990 3885063 2470927 0 1383520 1167230 216290 9671778 9075205 596573 229523 33356 196167 3130883 3035561 95322 705113 270683 434430 357530 12878 344652 3729968 3252096 477872 1540954 1305953 235001 COGS 302947952 302947952 REPAIRS & MAINTENANCE 5107881 3874752 1233129 COMMISSIONS 4002229 4001579 650 BAD DEBT EXPENSE 198874 198874 -10745538 -10746784 1246 0 382867270 363181294 19685976 0 34017029 51623724 30763907 42597558 24148101 26208047 0 0 67863921 77668907 4194609 3586395 92938874 62238708 32564900 30700166 39660282 32807714 0 0 987523 790361 3138652 1906685 237338924 267889557 31434529 39349224 1369559 848991 0 8059944 6026732 40864032 46224947 X 196474892 221664610 196474892 221664610 237338924 267889557 25189718 0 X true X false X false false X 103901 155748 112248 112248 484145 299328812 225441074 293522892 352783712 399200540 1570277030 0 0 0 299328812 225544975 293678640 352895960 399312788 1570761175 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1570761175 1102546 1059404 1486933 2901285 4804232 11354400 0 1102546 1059404 1486933 2901285 4804232 11354400 0 0 0 0 0 0 0 300431358 226604379 295165573 355797245 404117020 1582115575 0.99282 0.99439 0.01 0.01 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 30000 30000 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY The organization has retained a firm to provide consulting services, strategic advice, and lobbying services regarding the regulation of purchasing goods and services by the State of North Carolina. Also, the firm will file all lobbyist and principal registrations and lobbying reports require by state law. 3812487 3812487 27320166 15159879 12160287 14231494 8157579 6073915 36266992 29474249 6792743 11307735 9447001 1860734 30700166 Federal Income Taxes CUSTOMER DEPOSITS 2169001 PENSION LIBILITY 1928316 LEASE LIABILITY 1929415 6026732 East Asia and the Pacific 0 1 Program Services Conducts regular visits to warehouses to inspect operations and assist in issues resolutions, specially those that require great understanding of US OCONUS military logistics. 45132 0 1 0 0 0 1 45132 0 45132 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual L C INDUSTRIES FOUNDATION 4500 EMPEROR BOULEVARD DURHAM NC 27703 455200306 501(c)(3) 2750000 Program Support 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds n/a X true true false true false false false false false William Hudson Treasurer/Secretary 485556 0 0 0 0 0 0 0 0 0 485556 0 0 0 Patrick K Lindsey President/ CEO 682847 0 481000 0 3720 0 12075 0 9212 0 1188854 0 0 0 Marisa O Chrismon Chief Human Resources Officer 258859 0 75000 0 0 0 10717 0 21812 0 366388 0 0 0 DuWayne T Gilbertson Chief Revenue Officer 232616 0 75000 0 4395 0 10727 0 27953 0 350691 0 0 0 Scott M Schrantz Senior Vice President of Operations 204585 0 50000 0 632 0 7370 0 21567 0 284154 0 0 0 Paige H Goss Vice President of Finance 162076 0 50000 0 2864 0 7523 0 14477 0 236940 0 0 0 Andro P Czuczuk Director, Purchasing 176267 0 17000 0 0 0 6024 0 27953 0 227244 0 0 0 Grace Baier-Green Director, Sales 166590 0 17000 0 0 0 6425 0 9456 0 199471 0 0 0 John G Samuel Director of ABLR 160121 0 15000 0 0 0 5368 0 46 0 180535 0 0 0 Michael Iannelli Director, Sales & Marketing 160121 0 15000 0 0 0 6129 0 14477 0 195727 0 0 0 Michael W Grafton Manager Product Development 141188 0 20000 0 0 0 5641 0 462 0 167291 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment William Blackton received a severance payment of $53,731. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN 457(F): Patrick Lindsey: $9,200 DuWayne Gilbertson: $3,729 Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization THE ANNUAL PROFITS OF THE COMPANY INDIRECTLY INFLUENCE AMOUNTS REWARDED AS ANNUAL BONUSES TO ALL EMPLOYEES INCLUDING OFFICERS. ALL BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS. X Fixed Assets 1 112248 Market value 0 false false false Schedule M, Part I Explanations of reporting method for number of contributions Other - Fixed Assets The organization is reporting the number of contributions. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS REVIEWED BY MANAGEMENT AND THEN EMAILED TO EVERY BOARD MEMBER PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 15a Process to establish compensation of top management official EXECUTIVE COMPENSATION IS ESTABLISHED BY THE PRESIDENT WITH BOARD APPROVAL. CHRO CONDUCTS ANNUAL NATIONAL EXECUTIVE COMPENSATION STUDY FOR BENCHMARKING. MARKET DATA ACQUIRED ANNUALLY BY CHRO TO UPDATE SALARY ADMINISTRATION PLAN FOR ALL OTHER POSITIONS TO DETERMINE COMPENSATION. AVAILABLE FOR REVIEW WITH PRESIDENT. Form 990, Part VI, Line 15b Process to establish compensation of other employees EXECUTIVE COMPENSATION IS ESTABLISHED BY THE PRESIDENT WITH BOARD APPROVAL. CHRO CONDUCTS ANNUAL NATIONAL EXECUTIVE COMPENSATION STUDY FOR BENCHMARKING. MARKET DATA ACQUIRED ANNUALLY BY CHRO TO UPDATE SALARY ADMINISTRATION PLAN FOR ALL OTHER POSITIONS TO DETERMINE COMPENSATION. AVAILABLE FOR REVIEW WITH PRESIDENT. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue MISCELLANEOUS - Total Revenue: 467891, Related or Exempt Function Revenue: 467891, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; COMMISSIONS - Total Revenue: 241256, Related or Exempt Function Revenue: 241256, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XII, Line 2c THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. L C INDUSTRIES FOUNDATION 4500 EMPEROR ROAD DURHAM NC 27703 455200306 TO IMPROVE THE LIVES AND WELL BEING OF PERSONS WHO ARE BLIND NC 501(c)(3) Type I L C INDUSTRIES INC true LCI INVESTMENTS INC 3211 S MIAMI BLVD DURHAM NC 27703 263966355 INVESTMENT NC L C INDUSTRIES INC C Corporation 0 0 1 true false true true false false false false false false false false false false false false false false false false L C Industries Foundation B 2750000 FMV L C Industries Foundation C 112248 FMV