Lot 2540 Incorporated

Fiscal year ending 2024. Filed on November 11, 2025.

1521 Brown Rd
Summerfield, North Carolina 27358

Lot 2540 Incorporated (EIN: 45-2387075) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lot 2540 Incorporated, a 501(c)(3) charitable organization, reported compensation for 1 out of 14 total employees. Among the employees shown here, the average compensation is $61,075. The highest compensated employee at Lot 2540 Incorporated is Martin Roberts with fiscal year 2024 compensation of $61,075.

Revenue, expenses, and employee compensation

Revenue

$557,540

Expenses

$380,781

Employee compensation

$238,346
Revenue, expenses, and employee compensation over time

Mission Statement

L.O.T. 2540 supports ministries that promote physical and spiritual healing for families in Rockingham County, NC. The core of the ministry is comprised of counseling/prayer services to the community to serve their spiritual needs.The core ministries are supported by a retail space that includes a salvage and recycling store. The store not only offers financial support to L.O.T. 2540 but is also utilized to facilitate vocational training and leadership training for "in transition" individuals. Other ministries, directed toward those who are struggling economically, include a "Free Store" (clothing, furnishings, food items, etc.) and a food pantry supported by food donations and purchases.L.O.T. 2540 continues to mentor and support other opportunities to help clients to become self-supporting.

Revisions to this organization profile

November 11, 2025:
2024 Lot 2540 Incorporated 990 filed
February 7, 2025:
2023 Lot 2540 Incorporated 990 filed
October 3, 2023:
2022 Lot 2540 Incorporated 990 filed

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