2022-09-15T14:00:06-04:00 2022-06-30 541451026 HARRIS HARDY & JOHNSTONE PC 300 ARBORETUM PL STE 660 RICHMOND VA 23236 990 2021-07-01 061756183 LIFELONG LEARNING INSTITUTE IN CHESTERFIELD COUNTY VIRGINIA INC LIFE 8043782527 PO BOX 1090 MIDLOTHIAN VA 23113 RACHEL RAMIREZ EXECUTIVE DIRECTOR 8043782527 2022-09-15 true RACHEL RAMIREZ XXX-XX-XXXX GEORGE G CROWELL CPA P00585821 8045600560 2022-09-15 2021 2023-04-26 12:10:37Z RACHEL RAMIREZ 13801 WESTFIELD ROAD MIDLOTHIAN VA 23113 283506 false X WWW.LLICHESTERFIELD.ORG X 2005 VA PROVIDE A CURRICULUM OF INTELLECTUALLY STIMULATING LEARNING OPPORTUNITIES AND SPECIAL ACTIVITIES FOR PERSONS FIFTY (50) YEARS OF AGE OR OLDER. 15 15 0 302 0 125870 120690 125300 155527 1403 5540 1749 252573 283506 0 0 0 0 0 225997 273363 225997 273363 26576 10143 655248 676739 85810 111425 569438 565314 PROVIDE A CURRICULUM OF INTELLECTUALLY STIMULATING LEARNING OPPORTUNITIES AND SPECIAL ACTIVITIES FOR PERSONS FIFTY (50) YEARS OF AGE OR OLDER. false false 209200 155527 PROVIDING ADULT EDUCATION CLASSES IN ARTS AND SCIENCES,COMPUTERS, BUSINESS, INVESTMENTS, AND MORE. IN FISCAL YEAR 2022, THERE WERE 989 PAID MEMBERSHIPS. 209200 true true false false false false false false false true true false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 7 0 0 false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true false true true false false VA X LIFELONG LEARNING INSTITUTE 8043782527 13801 WESTFIELD RD MIDLOTHIAN VA 23113 X JOHN LEMZA PRESIDENT 1.00 X X 0 0 0 BUD MARTINDALE VICE-PRESIDE 1.00 X X 0 0 0 STEVE KUNNMANN TREASURER 1.00 X X 0 0 0 LEWIS LEVI SECRETARY 1.00 X X 0 0 0 JAMES DAVIDSON JR EX-OFFICIO 1.00 X 0 0 0 BOB FERGUSON DIRECTOR 1.00 X 0 0 0 PATRICK HELD DIRECTOR 1.00 X 0 0 0 REV PERNELL JOHNSON DIRECTOR 1.00 X 0 0 0 ANNEBEL LEWIS DIRECTOR 1.00 X 0 0 0 CHRISTOPHER MCCARTHY DIRECTOR 1.00 X 0 0 0 WAYNE PHILLIPS DIRECTOR 1.00 X 0 0 0 LILLIE STRATTON DIRECTOR 1.00 X 0 0 0 JUDY SWEET DIRECTOR 1.00 X 0 0 0 KIM IVEY DIRECTOR 1.00 X 0 0 0 ALEXA VAN AARTRIJK DIRECTOR 1.00 X 0 0 0 RACHEL RAMIREZ EXECUTIVE DI 40.00 X 0 0 0 false false false 15000 105690 120690 LLI MEMBERSHIPS 126235 126235 FITNESS FEES 18047 18047 TRIPS FOR MEMBERS 6154 6154 CLASSROOM MATERIALS/BOOKS 5091 5091 155527 5540 5540 MISCELLANEOUS REVENUE 1749 1749 1749 283506 157276 5540 X 98527 68968 29559 25 25 5000 5000 94194 64615 29579 13203 13203 3160 3160 5575 5575 29576 29576 CLASSROOM EXPENSES 18258 18258 BANK CHARGES 2748 2748 DISCRETIONARY FUND 1570 1570 FURNITURE/EQUIPMENT 953 953 574 574 273363 209200 64163 0 94998 143631 6046 6047 489438 82868 424976 406570 129228 120491 655248 676739 41237 46815 44573 64610 85810 111425 X 569438 565314 569438 565314 655248 676739 10143 -14267 X true X false false false X 90430 158451 208698 125870 120690 704139 90430 158451 208698 125870 120690 704139 201993 502146 6740 5390 5422 1403 5540 24495 728634 841686 0.68920 0.73080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 129228 -8737 120491 111305 17923 129228 184359 6946 80000 111305 176443 7916 184359 168857 7586 176443 1.00000 false false 39805 39805 30102 27823 2279 419531 55045 364486 406570 X SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENT FUND'S PRIMARY OBJECTIVE IS TO ENSURE CONTINUOUS OPERATION OF THE INSTITUTE EVEN WHEN NORMAL SOURCES OF FUNDING ARE INTERRUPTED OR CANCELED. UNDER EMERGENCY CONDITIONS, THE BOARD OF DIRECTORS COULD AUTHORIZE THE USE THE ENDOWMENT FUND TO AVOID A FINANCIAL COLLAPSE OF THE INSTITUTE. A SECOND OBJECTIVE OF THE ENDOWMENT FUND IS TO GENERATE INCOME THAT WOULDBE USED TO (1) INCREASE THE EMERGENCY PORTION OF THE ENDOWMENT FUND ASNECESSARY AND (2) PROVIDE REVENUE FOR NECESSARY, BUT UNFUNDED, REQUIREMENTS FOR THE INSTITUTE. THIS COULD TAKE THE FORM OF SCHOLARSHIP AWARDS, STAFFING REQUIREMENTS, EQUIPMENT PURCHASES OR OTHER CRITICAL NEEDS AS APPROVED BY THE BOARD OF DIRECTORS. SCHEDULE D, PAGE 3, PART X THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE INSTITUTE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE INSTITUTE AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE INSTITUTE HAS RECOGNIZED NO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2022. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS ARE PROVIDED A DRAFT COPY OF THE INFORMATION RETURN TO REVIEW BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AT THE ANNUAL MEETING WHEN NEW BOARD MEMBERS ARE VOTED IN AND REQUIRED TO SIGN THE FORM. FORM 990, PAGE 6, PART VI, LINE 15A THE SALARY OF THE EXECUTIVE DIRECTOR IS DISCUSSED BY THE GOVERNING BODY, THE BOARD OF DIRECTORS AND REVIEWED BY THE VCU VIRGINIA CENTER ON AGING DEPARTMENT OF HR, WHO ADMINISTER THE SALARY AND BENEFITS. THE EXECUTIVE DIRECTOR'S SALARY MUST FALL IN LINE WITH THE SALARIES OF PERSONNEL IN SIMILAR ROLES WITHIN THE UNIVERSITY. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART IX, LINE 11G PROFESSIONAL FEES - OTHER 0 1,888 0 HOURLY EMPLOYEES 64,615 27,691 0 TOTAL 64,615 29,579 0