Nonprofit · EIN 20-5072512
LOVE INC OF BOONE CO INC
Tax-exempt · LEBANON, IN 46052
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $308,921 | $284,734 | $24,187 | $396,637 | $0 | $396,637 |
| December 31, 2024 | 990 | $279,209 | $283,796 | -$4,587 | $372,450 | $0 | $372,450 |
| December 31, 2023 | 990 | $216,046 | $262,112 | -$46,066 | $377,037 | $0 | $377,037 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $283,216
- Program service revenue
- $0
- Investment income
- $21
- Net rental income
- $1,750
- Net income from fundraising events
- $23,934
- Other revenue
- $25,684
Expenses
- Grants and similar amounts paid
- $281
- Compensation of officers, directors and key employees
- $56,000
- Other salaries and wages
- $92,743
- Salaries, compensation and benefits (total)
- $160,378
- Professional fundraising fees
- $0
- Accounting fees
- $3,845
- Occupancy
- $17,807
- Depreciation
- $3,796
- Program services (functional)
- $171,380
- Management and general (functional)
- $60,026
- Fundraising (functional)
- $53,328
Balance sheet and other
- Total assets, start of year
- $372,450
- Total assets, end of year
- $396,637
- Total liabilities, end of year
- $0
- Net assets, end of year
- $396,637
- Land, buildings and equipment
- $99,758
- Net assets without donor restrictions
- $379,404
- Net assets with donor restrictions
- $17,233
- Gross receipts
- $315,999
- Employees
- 3
- Volunteers
- 76
- Year formed
- 2007
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACI HOFFMAN | EXEC DIRECTO Officer | 40 | $56,000 |
| DAVID BRUCE | TREASURER Trustee or director, Officer | 1 | $0 |
| JOE DEVRIES | DIRECTOR Trustee or director | 1 | $0 |
| MIKE GLASS | DIRECTOR Trustee or director | 1 | $0 |
| PAULA GRAVES | DIRECTOR Trustee or director | 1 | $0 |
| BILL MCPERSON | SECRETARY Trustee or director | 1 | $0 |
| STEVE VITANIEMI | CHAIRMAN Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACI HOFFMAN | EXEC DIRECTO Officer | 40 | $56,208 |
| DAVID BRUCE | TREASURER Trustee or director, Officer | 3 | $0 |
| CRAIG CARRELL | CHAIRMAN Trustee or director, Officer | 3 | $0 |
| BILL MCPERSON | SECRETARY Trustee or director | 3 | $0 |
| BERNIE TERHUNE | VICE CHAIR Trustee or director, Officer | 3 | $0 |
| STEVE VITANIEMI | DIRECTOR Trustee or director, Officer | 3 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACI HOFFMAN | CO-EXEC DIRE Officer | 40 | $49,846 |
| MARCIA OVERFIELD | CO-EXEC DIR Officer | 40 | $38,535 |
| DAVID BRUCE | TREASURER Trustee or director, Officer | 0.6 | $0 |
| CRAIG CARRELL | SECRETARY Trustee or director, Officer | 0.7 | $0 |
| MICHAEL HOLDMAN | CHAIRMAN Trustee or director, Officer | 4.5 | $0 |
| BILL MCPERSON | DIRECTOR Trustee or director | 1.4 | $0 |
| BERNIE TERHUNE | VICE CHAIR Trustee or director, Officer | 2.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 368, LEBANON, IN 46052-0368
- In care of
- % WAYNE L ADAMS
- Mailing address (990-N for 2007)
- 1005 south meridian street, lebanon IN 46052
- Principal officer (990 for 2025)
- STEVE VITANIEMI, PO BOX 368, LEBANON, IN 46052
- Principal officer (990-N for 2007)
- patrick k sherck, 8464 lafayette rd, indianapolis IN 46278
- Signed the 990
- DAVID BRUCE, TREASURER
- Phone
- (765) 482-6152
- Website
- WWW.LOVEINCBC.ORG
- Return prepared by
- HUTH THOMPSON LLP
Mission
TO MOBILIZE AREA CHURCHS TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST.
Program accomplishments
- WE ARE A CLEARINGHOUSE CONNECTING PEOPLE WITH NEEDS TO RESOURCES IN OUR COMMUNITY TO MEET THOSE NEEDS. WE REFER TO AREA AGENCIES, A NETWORK OF 36 CHURCHES, AND OVER 1000 INDIVIDUALS WHO HAVE VOLUNTEERED A VARIETY OF SERVICES TO HELP PEOPLE IN NEED. OUR ULTIMATE GOAL IS TO DEVELOP RELATIONSHIPS WITH FAMILIES, TEACHING THEM LIFE SKILLS, WITH A GOAL OF HELPING THEM TO REGAIN THEIR FINANCIAL INDEPENDENCE.Expenses $171,380 · grants $281
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5072512
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $396,637
- Income (IRS master file)
- $315,999
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $308,921 | $284,734 | $396,637 | XML |
| 990 | December 2024 | $279,209 | $283,796 | $372,450 | XML |
| 990 | December 2023 | $216,046 | $262,112 | $377,037 | XML |
| 990 | December 2022 | $297,330 | $247,506 | $423,103 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2007 Officer: patrick k sherck | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5072512).
Questions about LOVE INC OF BOONE CO INC
- What is the EIN of LOVE INC OF BOONE CO INC?
- The employer identification number (EIN) of LOVE INC OF BOONE CO INC is 20-5072512.
- Is LOVE INC OF BOONE CO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to LOVE INC OF BOONE CO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOVE INC OF BOONE CO INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOVE INC OF BOONE CO INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOVE INC OF BOONE CO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOVE INC OF BOONE CO INC?
- The 990 for the year ended December 31, 2025 names STEVE VITANIEMI.
- Who are the officers and directors of LOVE INC OF BOONE CO INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $56,000 (TRACI HOFFMAN, EXEC DIRECTO).
- How much revenue does LOVE INC OF BOONE CO INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $308,921, expenses of $284,734 and total assets of $396,637 at year end.
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