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Filing year 2023

L C Industries Inc

Durham, North Carolina·EIN 56-0686307·NTEE P860 · Human Services·501(c)(3)
Total revenue
$359.2M
Total assets
$237.3M
Total expenses
$342.7M
Reported officers
19
Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE MEANINGFUL EMPLOYMENT FOR those who are blind and visually impaired.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations in North Carolina.

President
Above 90th percentile
$887k
$968k
Base
$615k
Bonus
$250k
Other
$3k
Benefits
$7k
Treasurer / Secretary
Officer (Unspecified)
$486k
$530k
Base
$486k
Bonus
Other
Benefits
Chro
Officer (Unspecified)
$326k
$356k
Base
$237k
Bonus
$50k
Other
$11k
Benefits
$17k
VP of Retail
Vice President
Above 90th percentilevs Human Services peers nationwide
$306k
$334k
Base
$230k
Bonus
$50k
Other
$2k
Benefits
$17k
VP of Product Development
Vice President
Above 90th percentilevs Human Services peers nationwide
$302k
$330k
Base
$218k
Bonus
$50k
Other
$4k
Benefits
$22k
Director Distribution
Key Employee
75th to 90th percentilevs Human Services peers nationwide
$223k
$243k
Base
$173k
Bonus
$26k
Other
$369
Benefits
$17k
VP of Finance
Board Vice President
75th to 90th percentilevs Human Services peers nationwide
$208k
$228k
Base
$152k
Bonus
$25k
Other
$5k
Benefits
$22k
Director Purchasing
Highest Compensated Employee
75th to 90th percentile
$206k
$225k
Base
$166k
Bonus
$12k
Other
Benefits
$22k
Director Sales
Highest Compensated Employee
75th to 90th percentile
$188k
$206k
Base
$155k
Bonus
$15k
Other
$5k
Benefits
$7k
Manager Product Development
Highest Compensated Employee
Median to 75th percentile
$175k
$191k
Base
$136k
Bonus
$17k
Other
Benefits
$17k
Software Engineer
Highest Compensated Employee
Median to 75th percentile
$163k
$178k
Base
$147k
Bonus
$4k
Other
Benefits
$7k
Director of Ablr
Highest Compensated Employee
Median to 75th percentile
$148k
$162k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at L C Industries Inc equaled 0.3% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
0.3%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 29%
from 2022

From $688k in 2022 to $887k in 2023.

$688k
2022
$887k
2023
In today's dollarsEst.
Up 23% in real terms$785k to $968k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 29% from 2022 to 2023, while revenue rose 21%.

$688k in 2022 to $887k in 2023.
  • Vice President pay rose 9% from 2022 to 2023.
  • Key Employee pay rose 7% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

L C Industries Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$295.7M
$288.8M
2022
$359.2M
$342.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in North Carolina

Comparable human services organizations in North Carolina pay their highest-earning executive a median of $64,915.

25th percentile
$35k
Median
$64,915
75th percentile
$105k
90th percentile
$180k

These are human services sector-wide figures, not this organization's reported pay. Based on 821 organizations across 821 filings (2020 – 2024).

See full Human Services pay data for North Carolina
FAQ

Common questions about L C Industries Inc

What does the Chief Executive Officer of L C Industries Inc earn?

In 2023, the Chief Executive Officer of L C Industries Inc received $886,770 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at L C Industries Inc compare with similar nonprofits?

Compared with the same role at Human Services organizations in North Carolina, the 2023 pay of the Chief Executive Officer at L C Industries Inc falls in the top 10%. In 2023, the highest total compensation at L C Industries Inc equaled 0.3% of the organization's total expenses. The median for human services organizations is 8%.

What are L C Industries Inc's revenue and expenses?

In 2023, L C Industries Inc reported $359.2M in total revenue and $342.7M in total expenses on its IRS Form 990.

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