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LSC Child and Family

LSC senior services has been able to participate in governmental grant programs sparked by COVID. The first was the Paycheck Protection Program (PPP) followed by the employee retention credit (ERC) program. The resulting funding was nearly $17 million to the organization.

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LSA’s Trinity Landing project in Wilmington NC had its grand opening on Sunday November 6th. While punch list items throughout and work on Phase II villas continues into the new fiscal year, there have been 125 move-ins totaling nearly 200 residents by 09/30/2023; beyond moveins there are 56 – 10% depositors.

LSC child and family services had a strong fiscal year with operating income including unrestricted contributions and other changes of $3,428,952. Included are COVID-related revenues of $223,942 and Paycheck Protection Program(PPP) Loan forgiveness

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